WESCO International (WCC)
Market Price (8/31/2026): $336.5 | Market Cap: $16.4 BilSector: Industrials | Industry: Trading Companies & Distributors
WESCO International (WCC)
Market Price (8/31/2026): $336.5Market Cap: $16.4 BilSector: IndustrialsIndustry: Trading Companies & Distributors
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Stock buyback supportStock Buyback 3Y Total is 1.2 Bil Low stock price volatilityVol 12M is 44% Megatrend and thematic driversMegatrends include Artificial Intelligence, Automation & Robotics, and Smart Grids & Grid Modernization. Themes include Data Centers & Infrastructure, Show more. | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 62x Key risksWCC key risks include [1] vulnerability to the loss of key suppliers due to agreements being terminable on short notice, Show more. |
| Stock buyback supportStock Buyback 3Y Total is 1.2 Bil |
| Low stock price volatilityVol 12M is 44% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Automation & Robotics, and Smart Grids & Grid Modernization. Themes include Data Centers & Infrastructure, Show more. |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 62x |
| Key risksWCC key risks include [1] vulnerability to the loss of key suppliers due to agreements being terminable on short notice, Show more. |
Qualitative Assessment
AI Analysis | Feedback
WESCO International (WCC) stock has lost about 5% since 4/30/2026 because of the following key factors:
1. Exceptional fiscal Q1 and Q2 2026 financial performance, driven by strong data center demand.
WESCO International reported record financial results for both fiscal Q1 2026 (ended March 2026) and fiscal Q2 2026 (ended June 2026). In fiscal Q1 2026, the company achieved net sales of $6.1 billion, a 14% year-over-year increase, with adjusted diluted EPS growing by 52.5% year-over-year to $3.37. This momentum continued into fiscal Q2 2026, with record net sales of $6.7 billion, up 13% year-over-year, surpassing analysts' consensus estimate of $6.44 billion. The adjusted diluted EPS for fiscal Q2 2026 was $4.57, beating the consensus estimate of $3.98 by $0.59. A significant driver for this growth was the substantial demand from data centers, with sales in this segment rising approximately 45% year-over-year to $1.5 billion in fiscal Q2 2026, accounting for 22% of total revenue. The company also reported a record total backlog, up approximately 60% year-over-year, and raised its full-year 2026 outlook, indicating continued positive business momentum.
2. Working capital investments created free cash flow headwinds despite robust earnings.
Despite the strong topline and earnings growth, WESCO's significant investments in working capital, primarily in accounts receivable and inventory to support its accelerating business momentum and mega-projects, notably impacted its cash flow generation. Operating cash flow for fiscal Q2 2026 decreased to $54 million, compared to $107.8 million in fiscal Q2 2025. Free cash flow for the quarter was $32 million. This "Hyper-Growth Cash Flow Penalty" led WESCO to reduce its full-year 2026 free cash flow guidance by $200 million, revising the midpoint from $650 million to $450 million. This situation, where explosive growth required substantial cash outlays, likely tempered some of the positive sentiment that might otherwise have driven the stock to greater gains.
Show more
WESCO International (WCC) stock has lost about 5% since 4/30/2026 because of the following key factors:
1. Exceptional fiscal Q1 and Q2 2026 financial performance, driven by strong data center demand.
WESCO International reported record financial results for both fiscal Q1 2026 (ended March 2026) and fiscal Q2 2026 (ended June 2026). In fiscal Q1 2026, the company achieved net sales of $6.1 billion, a 14% year-over-year increase, with adjusted diluted EPS growing by 52.5% year-over-year to $3.37. This momentum continued into fiscal Q2 2026, with record net sales of $6.7 billion, up 13% year-over-year, surpassing analysts' consensus estimate of $6.44 billion. The adjusted diluted EPS for fiscal Q2 2026 was $4.57, beating the consensus estimate of $3.98 by $0.59. A significant driver for this growth was the substantial demand from data centers, with sales in this segment rising approximately 45% year-over-year to $1.5 billion in fiscal Q2 2026, accounting for 22% of total revenue. The company also reported a record total backlog, up approximately 60% year-over-year, and raised its full-year 2026 outlook, indicating continued positive business momentum.
2. Working capital investments created free cash flow headwinds despite robust earnings.
Despite the strong topline and earnings growth, WESCO's significant investments in working capital, primarily in accounts receivable and inventory to support its accelerating business momentum and mega-projects, notably impacted its cash flow generation. Operating cash flow for fiscal Q2 2026 decreased to $54 million, compared to $107.8 million in fiscal Q2 2025. Free cash flow for the quarter was $32 million. This "Hyper-Growth Cash Flow Penalty" led WESCO to reduce its full-year 2026 free cash flow guidance by $200 million, revising the midpoint from $650 million to $450 million. This situation, where explosive growth required substantial cash outlays, likely tempered some of the positive sentiment that might otherwise have driven the stock to greater gains.
3. Generally positive analyst sentiment and raised price targets were potentially already priced in or offset by other factors.
Throughout the specified period, WESCO International consistently received favorable coverage from equity research analysts. The stock held a consensus "Buy" or "Strong Buy" rating with average price targets ranging from approximately $374.29 to $397.09. For example, KeyCorp raised its target price from $340.00 to $415.00 on May 1, 2026, and RBC Capital increased its objective from $421.00 to $430.00 on July 31, 2026. Despite these positive revisions and a general bullish outlook on WESCO's market positioning in electrical distribution and grid infrastructure, the stock's overall movement remained largely contained within a specific range. This suggests that much of the positive news and growth expectations might have already been factored into the stock's valuation, or the free cash flow concerns served as a counterbalancing force, preventing a sustained, significant breakout beyond its post-earnings rally.
Show less
Stock Movement Drivers
Fundamental Drivers
The -3.5% change in WCC stock from 4/30/2026 to 8/30/2026 was primarily driven by a -8.0% change in the company's P/E Multiple.| (LTM values as of) | 4302026 | 8302026 | Change |
|---|---|---|---|
| Stock Price ($) | 348.61 | 336.42 | -3.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 24,247 | 25,013 | 3.2% |
| Net Income Margin (%) | 2.8% | 2.8% | 1.9% |
| P/E Multiple | 25.1 | 23.1 | -8.0% |
| Shares Outstanding (Mil) | 49 | 49 | -0.2% |
| Cumulative Contribution | -3.5% |
Market Drivers
4/30/2026 to 8/30/2026| Return | Correlation | |
|---|---|---|
| WCC | -3.5% | |
| Market (SPY) | 7.1% | 60.0% |
| Sector (XLI) | 1.5% | 67.7% |
Fundamental Drivers
The 16.6% change in WCC stock from 1/31/2026 to 8/30/2026 was primarily driven by a 9.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312026 | 8302026 | Change |
|---|---|---|---|
| Stock Price ($) | 288.45 | 336.42 | 16.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22,942 | 25,013 | 9.0% |
| Net Income Margin (%) | 2.8% | 2.8% | 0.9% |
| P/E Multiple | 21.8 | 23.1 | 6.3% |
| Shares Outstanding (Mil) | 49 | 49 | -0.2% |
| Cumulative Contribution | 16.6% |
Market Drivers
1/31/2026 to 8/30/2026| Return | Correlation | |
|---|---|---|
| WCC | 16.6% | |
| Market (SPY) | 11.5% | 59.3% |
| Sector (XLI) | 7.4% | 69.8% |
Fundamental Drivers
The 63.7% change in WCC stock from 7/31/2025 to 8/30/2026 was primarily driven by a 52.7% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 8302026 | Change |
|---|---|---|---|
| Stock Price ($) | 205.50 | 336.42 | 63.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22,232 | 25,013 | 12.5% |
| Net Income Margin (%) | 3.0% | 2.8% | -4.7% |
| P/E Multiple | 15.1 | 23.1 | 52.7% |
| Shares Outstanding (Mil) | 49 | 49 | 0.0% |
| Cumulative Contribution | 63.7% |
Market Drivers
7/31/2025 to 8/30/2026| Return | Correlation | |
|---|---|---|
| WCC | 63.7% | |
| Market (SPY) | 22.7% | 56.5% |
| Sector (XLI) | 17.7% | 68.6% |
Fundamental Drivers
The 96.8% change in WCC stock from 7/31/2023 to 8/30/2026 was primarily driven by a 132.4% change in the company's P/E Multiple.| (LTM values as of) | 7312023 | 8302026 | Change |
|---|---|---|---|
| Stock Price ($) | 170.92 | 336.42 | 96.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 22,010 | 25,013 | 13.6% |
| Net Income Margin (%) | 4.0% | 2.8% | -28.7% |
| P/E Multiple | 9.9 | 23.1 | 132.4% |
| Shares Outstanding (Mil) | 51 | 49 | 4.5% |
| Cumulative Contribution | 96.8% |
Market Drivers
7/31/2023 to 8/30/2026| Return | Correlation | |
|---|---|---|
| WCC | 96.8% | |
| Market (SPY) | 74.0% | 58.6% |
| Sector (XLI) | 67.1% | 67.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WCC Return | 68% | -5% | 40% | 5% | 36% | 44% | 361% |
| Peers Return | 28% | -2% | 35% | 10% | 7% | 46% | 189% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| WCC Win Rate | 67% | 42% | 42% | 50% | 67% | 62% | |
| Peers Win Rate | 68% | 42% | 65% | 58% | 52% | 68% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| WCC Max Drawdown | -15% | -30% | -32% | -32% | -33% | -21% | |
| Peers Max Drawdown | -16% | -23% | -15% | -19% | -21% | -13% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GWW, FAST, AIT, MSM, ARW.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/28/2026 (YTD)
How Low Can It Go
| Event | WCC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -32.4% | -18.8% |
| % Gain to Breakeven | 47.9% | 23.1% |
| Time to Breakeven | 92 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -29.3% | -9.5% |
| % Gain to Breakeven | 41.5% | 10.5% |
| Time to Breakeven | 50 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -19.6% | -6.7% |
| % Gain to Breakeven | 24.4% | 7.1% |
| Time to Breakeven | 34 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.9% | -24.5% |
| % Gain to Breakeven | 29.7% | 32.4% |
| Time to Breakeven | 30 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -67.8% | -33.7% |
| % Gain to Breakeven | 210.3% | 50.9% |
| Time to Breakeven | 204 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -27.9% | -19.2% |
| % Gain to Breakeven | 38.6% | 23.8% |
| Time to Breakeven | 693 days | 105 days |
In The Past
WESCO International's stock fell -32.4% during the 2025 US Tariff Shock. Such a loss loss requires a 47.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | WCC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -32.4% | -18.8% |
| % Gain to Breakeven | 47.9% | 23.1% |
| Time to Breakeven | 92 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -29.3% | -9.5% |
| % Gain to Breakeven | 41.5% | 10.5% |
| Time to Breakeven | 50 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.9% | -24.5% |
| % Gain to Breakeven | 29.7% | 32.4% |
| Time to Breakeven | 30 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -67.8% | -33.7% |
| % Gain to Breakeven | 210.3% | 50.9% |
| Time to Breakeven | 204 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -27.9% | -19.2% |
| % Gain to Breakeven | 38.6% | 23.8% |
| Time to Breakeven | 693 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -36.7% | -12.2% |
| % Gain to Breakeven | 58.1% | 13.9% |
| Time to Breakeven | 91 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -57.1% | -6.8% |
| % Gain to Breakeven | 133.0% | 7.3% |
| Time to Breakeven | 1813 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -42.9% | -17.9% |
| % Gain to Breakeven | 75.0% | 21.8% |
| Time to Breakeven | 99 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -22.6% | -15.4% |
| % Gain to Breakeven | 29.2% | 18.2% |
| Time to Breakeven | 107 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -70.5% | -53.4% |
| % Gain to Breakeven | 239.0% | 114.4% |
| Time to Breakeven | 517 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -34.1% | -8.6% |
| % Gain to Breakeven | 51.7% | 9.5% |
| Time to Breakeven | 1299 days | 47 days |
In The Past
WESCO International's stock fell -32.4% during the 2025 US Tariff Shock. Such a loss loss requires a 47.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About WESCO International (WCC)
WESCO International (WCC) is a global business-to-business distributor and supply chain solutions provider. The company specializes in distributing a vast array of electrical, industrial, communications, and utility products. Beyond product distribution, WESCO also offers comprehensive logistics services and supply chain management expertise, aiming to help businesses efficiently source, manage, and optimize the flow of critical operational products and solutions.
The company operates through three core segments. The Electrical & Electronic Solutions (EES) segment provides a wide range of products including electrical equipment, automation technology, lighting, security devices, and maintenance, repair, and operating (MRO) supplies. This segment also offers contractor solutions, supply chain optimization programs, and advisory services for lighting and renewables.
WESCO's Communications & Security Solutions (CSS) segment focuses on network infrastructure and security markets, serving data communications contractors, security integrators, and end-users with related products and solutions. Its Utility and Broadband Solutions (UBS) segment supplies specialized products like wire, transformers, and transmission hardware to investor-owned utilities, public power companies, and broadband and wireless providers, alongside extensive project management, design support, and materials management services.
AI Analysis | Feedback
Here are a few analogies to describe WESCO International (WCC):
- Imagine a Home Depot for utilities, industrial sites, and large-scale communication networks.
- It's like Grainger, but specializing in all the electrical, communications, and utility infrastructure supplies and logistics.
AI Analysis | Feedback
- Business-to-Business Distribution: Provides a wide range of electrical, electronic, communication, security, utility, and broadband products.
- Logistics Services: Offers comprehensive logistics solutions to manage product movement and storage for various industries.
- Supply Chain Solutions: Designs and implements optimized supply chain strategies to enhance efficiency and reduce costs.
- Electrical & Industrial Products: Includes electrical equipment, automation and connected devices, security, lighting, wire and cable, safety, and MRO products.
- Communication & Security Products: Supplies network infrastructure and security components for data communications, security, and audio/visual systems.
- Utility & Broadband Products: Provides wire and cable, transformers, transmission and distribution hardware, switches, and pole line equipment for utilities and broadband operators.
- Project Design & Management Services: Offers fiber project management and high/medium voltage project design and support.
- Testing & Repair Services: Provides services such as meter testing, personal protective equipment dielectric testing, and tool repair.
- Supply Chain Optimization Services: Delivers contractor solutions, manufacturing supply chain optimization programs, and lighting/renewables advisory services.
- Digital & Automation Solutions: Implements digital strategies and automation technologies to improve operational efficiency.
- Emergency & Materials Management: Offers emergency response, storage yard management, and comprehensive materials management for utility projects.
AI Analysis | Feedback
WESCO International (WCC) primarily serves other companies across a diverse range of industries.
Its major customer categories include:
- Contractors and Integrators: This broad category includes electrical contractors, data communications contractors, security integrators, network integrators, professional audio/visual integrators, and systems integrators who utilize WESCO's products and solutions for their projects.
- Industrial, Commercial, and Manufacturing Businesses: WESCO provides products such as electrical equipment, automation and connected devices, security, lighting, wire and cable, safety, and MRO (Maintenance, Repair, and Operating) products. It also offers supply chain optimization programs to various manufacturing and other commercial and industrial clients.
- Utility and Telecommunication Service Providers: This segment's customers include investor-owned utilities, public power companies, service and wireless providers, and broadband operators, for whom WESCO supplies infrastructure products and offers a range of specialized services.
AI Analysis | Feedback
AI Analysis | Feedback
John J. Engel – Chairman, President and Chief Executive Officer
Mr. Engel has served as Chairman of the Board of Directors since 2011 and as President and Chief Executive Officer since 2009. Prior to these appointments, he was WESCO's Senior Vice President and Chief Operating Officer from 2004 to 2009. Before joining WESCO, Mr. Engel held leadership positions at Gateway, Inc. as Senior Vice President and General Manager, at PerkinElmer, Inc. as Executive Vice President and Senior Vice President, and at AlliedSignal as Vice President and General Manager. He also held various engineering, manufacturing, and general management roles at General Electric Company.
Indraneel "Neel" Dev – Executive Vice President and Chief Financial Officer
Mr. Dev was appointed Executive Vice President and Chief Financial Officer, effective February 16, 2026, succeeding Dave Schulz. Prior to joining WESCO, Mr. Dev served as Chief Financial Officer of Congruex and Lumen Technologies. He also held various senior finance leadership roles at Level 3 Communications, MCI, and MFS Communications, and served as CFO for Honeywell's Integrated Supply Chain.
Daniel Castillo – Executive Vice President and General Manager, Electrical and Electronic Solutions
Mr. Castillo assumed leadership of the Electrical and Electronic Solutions (EES) strategic business unit effective September 1, 2025. Before joining WESCO, he was Executive Vice President and President, North America for Brinks, Inc. His previous experience includes serving as Executive Vice President and President, North America at JELD-WEN, Inc., and as President of Cree Lighting. He also held business leadership positions at Eaton and Cooper Industries and began his career with General Electric.
Dirk Naylor – Executive Vice President and General Manager, Communications and Security Solutions
Mr. Naylor was promoted to Executive Vice President and General Manager of Wesco's Communications & Security Solutions (CSS) business effective June 30, 2025. He has been a member of WESCO's leadership team since 2005, previously holding roles such as Senior Vice President and General Manager for USA and Global Accounts. Prior to WESCO, he served as Eastern Regional Vice President for Lowry Computer Products and as District Sales Manager at Panduit.
Diane E. Lazzaris – Executive Vice President, General Counsel and Corporate Secretary
Ms. Lazzaris has served as Executive Vice President, General Counsel and Corporate Secretary since 2014, and previously held the position of Vice President of Legal Affairs for WESCO from 2010 to 2013. Before joining WESCO, she served as Senior Vice President - Legal, General Counsel and Corporate Secretary for Dick's Sporting Goods, Inc. from 2008 to 2010. From 1994 to 2008, Ms. Lazzaris held various in-house counsel positions at Alcoa Inc., including Group Counsel to a group of global businesses. Earlier in her career, she was an auditor at Ernst & Young.
AI Analysis | Feedback
The key risks to WESCO International (WCC) primarily stem from its reliance on broad economic conditions, the evolving nature of the distribution industry, and potential disruptions within its global supply chain.
- Economic Fluctuations and Cyclical Demand: WESCO International's business performance is highly susceptible to the overall health of the global economy and the cyclical nature of its served markets, including industrial, construction, and utility sectors. Economic downturns, shifts in trade policies, and changes in currency exchange rates can lead to reduced demand for its products and services, impacting revenue and profitability. For instance, WESCO experienced disappointing fourth-quarter 2023 results with organic sales declines in broadband, specific-OEM, and certain construction-related sectors, reflecting its sensitivity to a mixed economic environment. Lower volume growth and decreased construction activity, particularly in the Electrical & Electronic Solutions (EES) segment, can adversely affect its financial results.
- Disintermediation and Intense Competition: The business-to-business (B2B) distribution model faces significant structural threats from evolving customer buying behaviors and increasing direct sales by manufacturers. There is a growing trend of manufacturers bypassing distributors to sell directly to end-users, with statistics suggesting that 78% of manufacturers expect to adopt direct selling. Customers are increasingly seeking self-service models and conducting online research, relying less on traditional distributors for product information. WESCO operates in a highly competitive industry, facing pressure from global distributors, regional specialists, and online platforms, which can lead to reduced differentiation and pricing power. Failure to adapt to these digital shifts and changing customer preferences could result in a loss of market share and relevance.
- Supply Chain Disruptions and Cost Pressures: As a global distributor and supply chain solutions provider, WESCO is vulnerable to disruptions within its supply chain and inflationary cost pressures. Factors such as shortages of key materials, material cost increases, logistics constraints, and demand volatility can materially impact the company's operations, leading to higher costs and an inability to meet customer demand. Unpredictable supply chains are a significant challenge for B2B wholesale distributors. WESCO's 2023 performance involved navigating "changing customer buying patterns as supply chains healed," highlighting its ongoing exposure to these risks.
AI Analysis | Feedback
The increasing prevalence and sophistication of online B2B marketplaces and direct-to-customer (D2C) sales channels by manufacturers, which could disintermediate traditional distributors like WESCO for certain product categories, particularly more standardized or commodity items.
AI Analysis | Feedback
WESCO International, Inc. (WCC) operates across diverse and substantial addressable markets globally. The estimated sizes for their main products and services are as follows:
Electrical & Electronic Solutions (EES) Segment
-
Electrical Distribution Equipment: The global electrical distribution equipment market was valued at approximately USD 334.57 billion in 2025 and is projected to reach USD 610.94 billion by 2033.
-
Industrial Automation: The global industrial automation market size was estimated at USD 272.51 billion in 2025 and is expected to rise to USD 632.12 billion by 2034.
-
Commercial Lighting: The global commercial lighting market size was valued at approximately USD 56.44 billion in 2024 and is projected to reach USD 148.90 billion by 2034.
-
Wire and Cable: The global wires and cables market size was valued at USD 233 billion in 2025 and is projected to reach USD 409.01 billion by 2034.
-
Maintenance, Repair, and Operating (MRO) Products Distribution: The global MRO distribution market size is estimated at USD 691.90 billion in 2025 and is anticipated to reach approximately USD 887.11 billion by 2034.
Communications & Security Solutions (CSS) Segment
-
Network Infrastructure: The global network infrastructure market size was valued at USD 270 billion in 2025 and is projected to reach USD 600 billion by 2033.
-
Physical Security: The global physical security market size was valued at USD 120.83 billion in 2025 and is projected to grow to USD 222.25 billion by 2034.
-
Data Communication Solutions: The global data communication solutions market size was valued at approximately USD 200 billion in 2023 and is projected to reach USD 450 billion by 2032.
-
Professional Audio/Visual (Pro AV): The global professional audio-visual (Pro AV) market size was valued at USD 292.3 billion in 2025 and is projected to grow to USD 501.76 billion by 2034.
Utility and Broadband Solutions (UBS) Segment
-
Electricity Transmission and Distribution Equipment: The global electricity transmission and distribution market size was valued at USD 397.99 billion in 2025 and is projected to reach USD 580.51 billion by 2034.
-
Broadband Infrastructure: This market is addressed through products and services also relevant to the broader Network Infrastructure and Wire and Cable markets, as detailed above. For example, the global network infrastructure market was valued at USD 270 billion in 2025 and is projected to reach USD 600 billion by 2033. Similarly, the global wires and cables market size was valued at USD 233 billion in 2025 and is projected to reach USD 409.01 billion by 2034.
AI Analysis | Feedback
WESCO International (NYSE: WCC) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
-
Continued Strong Growth in the Data Center Market: WESCO anticipates robust demand from the data center sector, particularly for AI-driven infrastructure development. Its Communications & Security Solutions (CSS) segment has experienced exceptional growth in data center sales, which are projected to continue their mid-teens growth in 2026.
-
Increased Investments in Grid Modernization, Electrification, and Broadband Infrastructure: WESCO is strategically positioned to benefit from ongoing investments in power infrastructure, including grid hardening, electrification spending, and broadband expansion. These trends are expected to drive growth in its Utility and Broadband Solutions (UBS) and Electrical & Electronic Solutions (EES) segments.
-
Leveraging Digital Transformation and Operational Excellence: The company aims to become a leading tech-enabled supply chain solutions provider through digital transformation and operational efficiency. This involves advancing its technology capabilities and deploying a new tech stack across its business units to enhance service offerings and customer solutions.
-
Organic Sales Growth Driven by Volume Gains and Strategic Pricing: WESCO expects to achieve organic sales growth across all three business segments, supported by volume gains and disciplined pricing strategies. Management has indicated a focus on improving operating performance and expanding margins.
AI Analysis | Feedback
Share Repurchases
- WESCO International announced a $1 billion share repurchase authorization in 2022.
- By the end of 2025, the company had completed repurchases totaling $587.39 million for 3,435,895 shares under the buyback plan announced on June 1, 2022.
- Share repurchases remain a capital allocation priority, often aimed at offsetting annual equity award dilution.
Share Issuance
- Shares have been issued primarily through equity awards, such as Restricted Stock Units (RSUs), Performance Stock Units (PSUs), and Stock Appreciation Rights (SARs), for employee compensation.
Outbound Investments
- WESCO International actively pursues acquisitions as a key capital allocation strategy, focusing on expanding capabilities in high-growth markets like data centers.
- In 2022, the company acquired Rahi Systems for $217 million, significantly expanding its footprint in the rapidly growing data center market.
- WESCO acquired Ascent in December 2024 for $185 million, further strengthening its position in data center solutions.
Capital Expenditures
- WESCO International's capital expenditures were approximately $99 million in 2022, $92 million in 2023, $95 million in 2024, and $99.8 million in 2025.
- These expenditures are primarily focused on funding long-term assets and infrastructure.
- The company also invests in its tech-enabled business transformation and digital capabilities to drive organic growth and efficiencies.
Peer Outperformance in Trading Companies & Distributors
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 15.4% | 108.4% | 189.8% | CDNL 2826% · STRL 1940% · FIX 1940% |
| Marine Transportation | 4 | 56.4% | 56.7% | 152.1% | MATX 202% · KEX 159% · SFL 145% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 12.2% | 57.8% | 111.8% | CAT 314% · ALSN 268% · WAB 235% |
| Aerospace & Defense | 55 | 1.5% | 56.6% | 78.0% | ATI 1080% · FTAI 914% · HWM 746% |
| Passenger Ground Transportation | 3 | -12.7% | 50.3% | 60.2% | UBER 101% · CAR 60% · LYFT -63% |
| Rail Transportation | 7 | 33.5% | 76.6% | 52.7% | FSTR 119% · CSX 68% · UNP 58% |
| Industrial Machinery & Supplies & Components | 71 | 8.5% | 46.1% | 49.1% | CRS 1413% · PSIX 842% · GHM 623% |
| Cargo Ground Transportation | 16 | 35.5% | 2.3% | 39.0% | XPO 256% · R 249% · CVLG 201% |
| Trading Companies & Distributors ← | 18 | 1.0% | 31.0% | 35.3% | DXPE 520% · AIT 279% · URI 203% |
| Diversified Support Services | 33 | 9.2% | 28.7% | 25.1% | LIME 4823% · TH 366% · WLFC 340% |
| Building Products | 33 | -8.5% | 7.1% | 21.5% | LMB 423% · GFF 395% · PPIH 279% |
| Electrical Components & Equipment | 41 | 16.6% | 48.0% | 20.2% | POWL 2246% · BE 884% · ELVA 864% |
| Environmental & Facilities Services | 28 | -11.9% | 18.8% | -0.9% | CECO 823% · ADUR 572% · NVRI 341% |
| Office Services & Supplies | 10 | 15.2% | 24.0% | -1.1% | PBI 181% · TILE 173% · EBF 58% |
| Research & Consulting Services | 13 | -7.5% | -18.2% | -1.7% | HURN 224% · CRAI 101% · GRNQ 41% |
| Industrial Conglomerates | 18 | 15.5% | 9.9% | -6.6% | RCMT 714% · CSW 145% · TTI 110% |
| Agricultural & Farm Machinery | 17 | 3.0% | -9.2% | -15.5% | BLBD 174% · DE 78% · GENC 63% |
| Data Processing & Outsourced Services | 6 | -28.7% | -9.2% | -23.4% | EXLS 56% · BR 16% · G -21% |
| Passenger Airlines | 11 | 2.8% | -3.1% | -26.2% | LTM 2276% · UAL 138% · SKYW 112% |
| Air Freight & Logistics | 11 | -1.2% | -10.4% | -31.2% | CHRW 88% · FDX 72% · EXPD 62% |
| Human Resource & Employment Services | 22 | 7.8% | -18.3% | -36.2% | BBSI 88% · ADP 53% · KFY 34% |
| Security & Alarm Services | 10 | -36.4% | -25.0% | -46.1% | CIX 105% · MG 74% · BCO 50% |
| Airport Services | 3 | -68.9% | -74.6% | -58.4% | JOBY -45% · ASLE -58% · UP -100% |
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 263.07 |
| Mkt Cap | 14.2 |
| Rev LTM | 13,797 |
| Op Inc LTM | 1,348 |
| FCF LTM | 643 |
| FCF 3Y Avg | 694 |
| CFO LTM | 710 |
| CFO 3Y Avg | 792 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 10.7% |
| Rev Chg 3Y Avg | 4.1% |
| Rev Chg Q | 11.7% |
| QoQ Delta Rev Chg LTM | 2.9% |
| Op Inc Chg LTM | 11.1% |
| Op Inc Chg 3Y Avg | 1.4% |
| Op Mgn LTM | 9.7% |
| Op Mgn 3Y Avg | 10.4% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 8.8% |
| CFO/Rev 3Y Avg | 9.8% |
| FCF/Rev LTM | 6.8% |
| FCF/Rev 3Y Avg | 8.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.2 |
| P/S | 2.1 |
| P/Op Inc | 21.1 |
| P/EBIT | 21.7 |
| P/E | 30.4 |
| P/CFO | 26.5 |
| Total Yield | 4.6% |
| Dividend Yield | 0.7% |
| FCF Yield 3Y Avg | 5.2% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Communications & Security Solutions (CSS) | 9,101 | 7,692 | 7,313 | 6,402 | 5,715 |
| Electrical & Electronic Solutions (EES) | 8,956 | 8,392 | 8,450 | 8,823 | 7,621 |
| Utility & Broadband Solutions (UBS) | 5,454 | 5,735 | 6,623 | 6,195 | 4,881 |
| Total | 23,511 | 21,819 | 22,385 | 21,420 | 18,218 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Communications & Security Solutions (CSS) | 722 | 567 | 633 | 531 | 395 |
| Electrical & Electronic Solutions (EES) | 667 | 653 | 663 | 809 | 542 |
| Utility & Broadband Solutions (UBS) | 530 | 615 | 714 | 654 | 413 |
| Stock-based compensation expense | -11 | -14 | -14 | -18 | |
| Corporate | -675 | -598 | -590 | -538 | -548 |
| Total | 1,233 | 1,223 | 1,406 | 1,438 | 802 |
| $ Mil | 2023 | 2021 |
|---|---|---|
| Utility & Broadband Solutions (UBS) | 712 | 413 |
| Electrical & Electronic Solutions (EES) | 669 | 544 |
| Communications & Security Solutions (CSS) | 531 | 394 |
| Corporate | -1,204 | -942 |
| Total | 708 | 408 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Communications & Security Solutions (CSS) | 6,827 | 6,035 | 5,627 | 5,504 | 4,601 |
| Electrical & Electronic Solutions (EES) | 4,861 | 4,432 | 4,554 | 4,480 | 4,098 |
| Utility & Broadband Solutions (UBS) | 3,799 | 3,498 | 3,908 | 3,827 | 3,266 |
| Corporate | 1,008 | 1,097 | 972 | 1,000 | 652 |
| Total | 16,495 | 15,061 | 15,061 | 14,812 | 12,618 |
Price Behavior
| Market Price | $336.42 | |
| Market Cap ($ Bil) | 16.4 | |
| First Trading Date | 05/12/1999 | |
| Distance from 52W High | -10.1% | |
| 50 Days | 200 Days | |
| DMA Price | $343.23 | $307.20 |
| DMA Trend | up | down |
| Distance from DMA | -2.0% | 9.5% |
| 3M | 1YR | |
| Volatility | 49.9% | 44.6% |
| Downside Capture | 256.28 | 198.65 |
| Upside Capture | 204.83 | 207.46 |
| Correlation (SPY) | 56.3% | 56.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 3.48 | 2.00 | 2.19 | 2.10 | 1.93 | 1.73 |
| Up Beta | 5.96 | 1.82 | 1.86 | 2.15 | 2.03 | 1.73 |
| Down Beta | 0.27 | 1.36 | 1.14 | 1.80 | 1.71 | 1.55 |
| Up Capture | 407% | 246% | 283% | 299% | 362% | 921% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 13 | 24 | 34 | 65 | 135 | 401 |
| Down Capture | 350% | 213% | 249% | 176% | 146% | 111% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 9 | 19 | 29 | 61 | 117 | 352 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WCC | |
|---|---|---|---|---|
| WCC | 49.4% | 44.4% | 1.02 | - |
| Sector ETF (XLI) | 16.9% | 17.1% | 0.75 | 68.2% |
| Equity (SPY) | 20.1% | 12.8% | 1.16 | 56.1% |
| Gold (GLD) | 30.9% | 29.0% | 0.92 | 28.1% |
| Commodities (DBC) | 39.9% | 20.3% | 1.54 | -9.7% |
| Real Estate (VNQ) | 9.9% | 13.7% | 0.44 | 14.7% |
| Bitcoin (BTCUSD) | -30.1% | 43.7% | -0.70 | 25.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WCC | |
|---|---|---|---|---|
| WCC | 25.9% | 45.2% | 0.66 | - |
| Sector ETF (XLI) | 13.2% | 17.6% | 0.58 | 68.4% |
| Equity (SPY) | 13.1% | 17.2% | 0.59 | 61.1% |
| Gold (GLD) | 19.7% | 18.7% | 0.85 | 10.9% |
| Commodities (DBC) | 11.5% | 19.6% | 0.46 | 13.0% |
| Real Estate (VNQ) | 2.0% | 18.9% | 0.00 | 43.2% |
| Bitcoin (BTCUSD) | 9.6% | 52.7% | 0.37 | 24.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WCC | |
|---|---|---|---|---|
| WCC | 19.4% | 45.3% | 0.56 | - |
| Sector ETF (XLI) | 13.5% | 20.0% | 0.59 | 69.8% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 60.9% |
| Gold (GLD) | 12.2% | 16.3% | 0.61 | 8.4% |
| Commodities (DBC) | 7.3% | 18.0% | 0.33 | 25.1% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 47.1% |
| Bitcoin (BTCUSD) | 63.4% | 66.1% | 1.03 | 16.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/31/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/30/2026 | 10.8% | 20.6% | 13.4% |
| 4/30/2026 | 14.4% | 19.0% | 18.3% |
| 2/10/2026 | -5.3% | -0.3% | -12.1% |
| 10/30/2025 | 10.5% | 12.4% | 16.6% |
| 7/31/2025 | -2.7% | -3.1% | 6.0% |
| 5/1/2025 | -6.7% | -2.5% | 3.0% |
| 2/11/2025 | 1.7% | 7.9% | -11.6% |
| 10/31/2024 | 8.0% | 19.5% | 19.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 13 | 17 |
| # Negative | 10 | 12 | 8 |
| Median Positive | 7.4% | 12.4% | 10.3% |
| Median Negative | -11.7% | -8.6% | -9.2% |
| Max Positive | 18.7% | 32.2% | 56.3% |
| Max Negative | -31.1% | -24.7% | -15.2% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/30/2026 | 10.8% | 20.6% | 13.4% |
| 4/30/2026 | 14.4% | 19.0% | 18.3% |
| 2/10/2026 | -5.3% | -0.3% | -12.1% |
| 10/30/2025 | 10.5% | 12.4% | 16.6% |
| 7/31/2025 | -2.7% | -3.1% | 6.0% |
| 5/1/2025 | -6.7% | -2.5% | 3.0% |
| 2/11/2025 | 1.7% | 7.9% | -11.6% |
| 10/31/2024 | 8.0% | 19.5% | 19.0% |
| 8/1/2024 | -9.3% | -14.6% | -6.9% |
| 5/2/2024 | 6.9% | 12.5% | 16.3% |
| 2/13/2024 | -31.1% | -24.7% | -15.2% |
| 11/2/2023 | 3.7% | 4.2% | 24.0% |
| 8/3/2023 | -14.6% | -15.7% | -9.8% |
| 5/4/2023 | -14.7% | -10.5% | 1.4% |
| 2/14/2023 | 8.2% | 6.0% | -5.4% |
| 11/3/2022 | -15.2% | -12.1% | -6.8% |
| 8/4/2022 | 0.6% | 4.4% | 1.3% |
| 5/5/2022 | 5.7% | -9.1% | 4.6% |
| 2/15/2022 | 6.0% | -0.4% | 6.5% |
| 11/4/2021 | -2.8% | -1.0% | -8.6% |
| 8/5/2021 | 5.5% | 12.8% | 10.3% |
| 5/6/2021 | 9.6% | 8.7% | 16.0% |
| 2/9/2021 | -14.2% | -8.1% | 0.8% |
| 11/5/2020 | 18.7% | 32.2% | 56.3% |
| 8/13/2020 | 7.4% | 6.5% | 3.0% |
| SUMMARY STATS | |||
| # Positive | 15 | 13 | 17 |
| # Negative | 10 | 12 | 8 |
| Median Positive | 7.4% | 12.4% | 10.3% |
| Median Negative | -11.7% | -8.6% | -9.2% |
| Max Positive | 18.7% | 32.2% | 56.3% |
| Max Negative | -31.1% | -24.7% | -15.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/30/2026 | 10-Q |
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/13/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/14/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/20/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/07/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/21/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/30/2026 | 10-Q |
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/13/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/14/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/20/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/07/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/21/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 02/25/2022 | 10-K |
| 09/30/2021 | 11/05/2021 | 10-Q |
| 06/30/2021 | 08/06/2021 | 10-Q |
| 03/31/2021 | 05/07/2021 | 10-Q |
| 12/31/2020 | 03/01/2021 | 10-K |
| 09/30/2020 | 11/09/2020 | 10-Q |
| 06/30/2020 | 08/18/2020 | 10-Q |
| 03/31/2020 | 05/01/2020 | 10-Q |
| 12/31/2019 | 02/24/2020 | 10-K |
| 09/30/2019 | 11/01/2019 | 10-Q |
Insider Activity
Updated 8/19/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Khurana, Akash | EVP, Chief Info & Digital Off. | Direct | Sell | 8182026 | 366.78 | 3,400 | 1,247,046 | 10,051,054 | Form |
| 2 | Thompson, Laura K | Direct | Sell | 8132026 | 368.45 | 270 | 99,482 | 3,949,743 | Form | |
| 3 | Castillo, Daniel J | EVP & GM, EES | Direct | Buy | 8052026 | 365.89 | 960 | 351,254 | 5,965,952 | Form |
| 4 | Porwal, Hemant | EVP Supply Chain & Operations | Direct | Sell | 5112026 | 363.21 | 4,445 | 1,614,468 | 6,035,860 | Form |
| 5 | Lazzaris, Diane | EVP and General Counsel | Direct | Sell | 5072026 | 359.48 | 9,910 | 3,562,469 | 7,049,805 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Khurana, Akash | EVP, Chief Info & Digital Off. | Direct | Sell | 8182026 | 366.78 | 3,400 | 1,247,046 | 10,051,054 | Form |
| 2 | Thompson, Laura K | Direct | Sell | 8132026 | 368.45 | 270 | 99,482 | 3,949,743 | Form | |
| 3 | Castillo, Daniel J | EVP & GM, EES | Direct | Buy | 8052026 | 365.89 | 960 | 351,254 | 5,965,952 | Form |
| 4 | Porwal, Hemant | EVP Supply Chain & Operations | Direct | Sell | 5112026 | 363.21 | 4,445 | 1,614,468 | 6,035,860 | Form |
| 5 | Lazzaris, Diane | EVP and General Counsel | Direct | Sell | 5072026 | 359.48 | 9,910 | 3,562,469 | 7,049,805 | Form |
| 6 | Khurana, Akash | EVP, Chief Info & Digital Off. | Direct | Sell | 5072026 | 359.13 | 4,000 | 1,436,533 | 11,052,359 | Form |
| 7 | Wolf, Christine Ann | EVP & CHRO | Direct | Sell | 5072026 | 355.25 | 2,549 | 905,532 | 10,504,813 | Form |
| 8 | Engel, John | Chairman, President & CEO | Direct | Sell | 5072026 | 358.75 | 79,440 | 28,499,177 | 171,822,249 | Form |
| 9 | Schulz, David S | EVP & Former CFO | Direct | Sell | 5072026 | 360.44 | 31,951 | 11,516,432 | 27,767,746 | Form |
| 10 | Kulasa, Matthew S | SVP, Corp. Controller & CAO | Direct | Sell | 5072026 | 351.86 | 1,030 | 362,416 | 1,106,980 | Form |
| 11 | Wolf, Christine Ann | EVP & CHRO | Direct | Sell | 5072026 | 351.16 | 2,438 | 856,128 | 10,383,870 | Form |
| 12 | Singleton, James Louis | Direct | Sell | 5072026 | 353.37 | 2,000 | 706,740 | 13,302,550 | Form | |
| 13 | Naylor, Dirk Waugh | EVP & GM, Comm & Sec Solutions | Direct | Sell | 5072026 | 351.10 | 3,953 | 1,387,879 | 3,144,274 | Form |
| 14 | Castillo, Daniel J | EVP & GM, EES | Direct | Buy | 4022026 | 266.06 | 1,400 | 372,484 | 4,070,726 | Form |
| 15 | Wolf, Christine Ann | EVP & CHRO | Direct | Sell | 3062026 | 287.60 | 844 | 242,734 | 9,204,505 | Form |
| 16 | Schulz, David S | EVP & Former CFO | Direct | Sell | 3062026 | 282.97 | 15,446 | 4,370,809 | 30,839,429 | Form |
| 17 | Kulasa, Matthew S | SVP, Corp. Controller & CAO | Direct | Sell | 2202026 | 307.03 | 73 | 22,413 | 1,233,821 | Form |
| 18 | Lazzaris, Diane | EVP and General Counsel | Direct | Sell | 2182026 | 302.61 | 2,747 | 831,257 | 8,734,653 | Form |
| 19 | Lazzaris, Diane | EVP and General Counsel | Direct | Sell | 2182026 | 305.00 | 17,294 | 5,274,619 | 8,864,687 | Form |
| 20 | Wolf, Christine Ann | EVP & CHRO | Direct | Sell | 11122025 | 259.52 | 4,685 | 1,215,832 | 7,836,096 | Form |
| 21 | Kulasa, Matthew S | SVP, Corp. Controller & CAO | Direct | Sell | 11072025 | 253.18 | 790 | 200,012 | 840,577 | Form |
| 22 | Lazzaris, Diane | EVP and General Counsel | Direct | Sell | 11062025 | 258.42 | 4,039 | 1,043,750 | 11,732,464 | Form |
| 23 | Lazzaris, Diane | EVP and General Counsel | Direct | Sell | 11062025 | 256.00 | 7,522 | 1,925,608 | 11,622,548 | Form |
| 24 | Squires, Nelson John Iii | Retiring EVP & GM, EES | Direct | Sell | 9112025 | 219.59 | 13,780 | 3,025,950 | 10,677,534 | Form |
| 25 | Cameron, James | EVP & GM, Util & Broadband | Direct | Sell | 9022025 | 226.45 | 10,325 | 2,338,096 | 10,350,104 | Form |
| 26 | Porwal, Hemant | EVP Supply Chain & Operations | Direct | Sell | 9022025 | 224.84 | 4,656 | 1,046,855 | 4,303,599 | Form |
| 27 | Lazzaris, Diane | EVP and General Counsel | Direct | Sell | 8282025 | 226.77 | 4,260 | 966,061 | 11,999,924 | Form |
| 28 | Wolf, Christine Ann | EVP & CHRO | Direct | Sell | 8282025 | 224.92 | 2,098 | 471,882 | 6,789,948 | Form |
| 29 | Engel, John | Chairman, President & CEO | Direct | Sell | 8282025 | 226.17 | 51,051 | 11,546,233 | 107,650,669 | Form |
| 30 | Schulz, David S | EVP & CFO | Direct | Sell | 8282025 | 225.17 | 12,227 | 2,753,186 | 24,853,721 | Form |
| 31 | Lazzaris, Diane | EVP and General Counsel | Direct | Sell | 8282025 | 226.27 | 3,160 | 714,999 | 11,972,967 | Form |
| 32 | Singleton, James Louis | Direct | Sell | 8282025 | 226.54 | 1,500 | 339,815 | 8,807,237 | Form | |
| 33 | Khurana, Akash | EVP, Chief Info & Digital Off. | Direct | Sell | 8192025 | 208.12 | 7,000 | 1,456,840 | 7,088,947 | Form |
| 34 | Squires, Nelson John Iii | EVP & GM, EES | Direct | Sell | 8152025 | 210.91 | 11,093 | 2,339,635 | 10,255,515 | Form |
Investor Activity (13F)
Updated Aug 31, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Bayberry Capital Partners LP | $17.0 Mil | 5.6% | 28 | TRIM -29.4% | 13F |
| Generali Powszechne Towarzystwo Emerytalne | $22.6 Mil | 4.0% | 28 | Hold | 13F |
| Lyrical Asset Management LP | $166.2 Mil | 2.5% | 39 | TRIM -6.8% | 13F |
| Clean Energy Transition LLP | $28.2 Mil | 2.3% | 14 | TRIM -51.2% | 13F |
| PointState Capital LP | $80.7 Mil | 1.9% | 44 | TRIM -51.8% | 13F |
| Albar Capital Partners LLP | $8.2 Mil | 1.3% | 36 | New | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Lyrical Asset Management LP | $166.2 Mil | 2.5% | 39 | TRIM -6.8% | 13F |
| PointState Capital LP | $80.7 Mil | 1.9% | 44 | TRIM -51.8% | 13F |
| Clean Energy Transition LLP | $28.2 Mil | 2.3% | 14 | TRIM -51.2% | 13F |
| Generali Powszechne Towarzystwo Emerytalne | $22.6 Mil | 4.0% | 28 | Hold | 13F |
| Bayberry Capital Partners LP | $17.0 Mil | 5.6% | 28 | TRIM -29.4% | 13F |
| Albar Capital Partners LLP | $8.2 Mil | 1.3% | 36 | New | 13F |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Trading Companies & Distributors Resources |
| Modern Distribution Management (MDM) |
| Industrial Distribution |
| Supply Chain Digital |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.