earnings
confidence high
sentiment positive
materiality 0.80
Wesco Q4 record sales $5.6B, adj EPS $4.13 up 30% YoY; FY2022 record adjusted EBITDA $1.7B
WESCO INTERNATIONAL INC
2022-FY EPS reported
$15.33
revenue$21,420,116,000
- Q4 net sales $5.6B (+15% YoY); organic sales +14.4%; operating profit $382M.
- Adjusted EPS $4.13 vs $3.17 prior year; up 30.3% YoY.
- FY2022 record sales $21.4B (+18%), adj EBITDA $1.7B (+47%), adj EPS $16.42 (+65%).
- Free cash flow Q4 $399M (173% adj net income); leverage improved to 2.9x.
- 2023 outlook: mid-to-high single-digit sales growth, FY FCF $600-800M.