WESCO (WCC) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Tue, February 10, 2026 astatine 10:53 AM CST 47 min read

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Tuesday, Feb. 10, 2026 astatine 10 a.m. ET

• Chairman, President, and Chief Executive Officer — John Engel

• Executive Vice President and Chief Financial Officer — David Schulz

John Engel: So I'd similar to unfastened up today's telephone with the enactment alteration we announced earlier this morning. WESCO's CFO, David Schulz, volition beryllium retiring from WESCO successful May 2026. David volition service arsenic Executive Vice President, Adviser to maine until his retirement. David has done an perfectly fantabulous occupation since joining our institution successful 2016. On behalf of our committee of directors and the full WESCO team, I'd similar to convey David for his outstanding and dedicated work and tremendous contributions to our WESCO occurrence implicit the past 10 years. I person the utmost respect for David and greatly admit our concern business that we had successful gathering retired the caller WESCO.

We widen our precise champion wishes to David and his family. I'm pleased to denote the assignment of Neil Deve arsenic Executive Vice President and CFO. David and Neil volition enactment unneurotic to efficaciously modulation CFO responsibilities. Neil volition articulation WESCO aboriginal this period to enactment a creaseless transition. For a little instauration to Neil, he's a seasoned CFO with extended financial, commercial, and operational acquisition successful aggregate WESCO served extremity markets. In his enactment roles for some nationalist and backstage companies, he's demonstrated the quality to navigate analyzable fiscal environments and present superior maturation and worth creation.

Neil's an fantabulous summation to our enforcement absorption squad and volition assistance america arsenic we proceed to accelerate our strategy, execute our maturation initiatives, present our fiscal targets, and make worth for our stockholders. Now moving to our WESCO results. We closed retired 2025 with affirmative momentum and, again, outperformed the marketplace with our starring portfolio of merchandise services and solutions. In the 4th quarter, we delivered grounds income of $6.1 billion, up 10% twelvemonth implicit year, including 9% integrated growth, and acceptable different grounds successful information halfway income of $1.2 billion, up astir 30% twelvemonth implicit year. At the concern portion level, communications and information solutions and electrical and physics solutions some delivered fantabulous results.

This each occurred portion inferior and broadband solutions results continued to bespeak the ongoing income and borderline challenges with nationalist powerfulness customers. However, we saw a wide inflection backmost to maturation with our investor-owned utilities successful the 2nd 4th of past year. And that marks the archetypal of 3 consecutive quarters of IOU income maturation that strengthened successful the 4th quarter. Overall, we finished the twelvemonth with beardown momentum, continued to instrumentality share, and physique a grounds backlog, which was up 19% twelvemonth implicit year. Providing different impervious constituent that WESCO is benefiting from the enduring secular maturation trends of, fig one, digitalization, that includes AI-driven information centers and automation. Number two, electrification, that includes accrued powerfulness procreation and reliability.