FERG vs WCC: Ferguson Plc and WESCO International compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Ferguson Plc is the larger company, worth $40.9B, about 2.5 times WESCO International.
- WESCO International grew revenue faster over the last year (+13.0% vs +3.8%).
- Ferguson Plc keeps more of each dollar of revenue as operating profit (8.5% vs 5.4%).
- On earnings, Ferguson Plc is the cheaper stock (23.6x vs 24.3x).
- WESCO International's price assumes faster free cash flow growth: about 54% a year, against 8% for Ferguson Plc (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | FERG | WCC |
|---|---|---|
| Market cap | $40.9B | $16.7B |
| Share price | $220.04 | $365.69 |
| Revenue (last fiscal year) | $30.8B | $23.5B |
| Free cash flow (last fiscal year) | $1.6B | $25M |
| Revenue growth, last year | +3.8% | +13.0% |
| Revenue growth per year, last 5 fiscal years | +2.5% | +6.6% |
| Operating margin | 8.5% | 5.4% |
| Net margin | 6.0% | 2.8% |
| Return on equity | 29.9% | 13.6% |
| P/E (trailing) | 23.6x | 24.3x |
| Price / free cash flow | 25.5x | 660.8x |
| EV / EBITDA | 17.7x | 15.2x |
| FCF growth the price implies | 8.2% | 54.3% |
| Dividend yield | 1.9% | 0.53% |
| Debt / equity | 2.11x | 2.41x |
| Fundamental grade | C | C |
| Superinvestors holding it | 11 | 10 |
| Insider purchases, last 12 months | 2 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Ferguson Plc
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $28.6B | $859M | 9.9% |
| 2023 | $29.7B | $2.3B | 8.9% |
| 2024 | $29.6B | $1.5B | 8.9% |
| 2025 | $30.8B | $1.6B | 8.5% |
WESCO International
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $18.2B | $12M | 4.4% |
| 2022 | $21.4B | -$88M | 6.7% |
| 2023 | $22.4B | $401M | 6.3% |
| 2024 | $21.8B | $1.0B | 5.6% |
| 2025 | $23.5B | $25M | 5.2% |
Where the revenue comes from
Ferguson Plc · by segments, 2025
United States Segment$29.3B95%
Canada Segment$1.5B5%
WESCO International · by segments, 2025
CSS$9.1B39%
EES$9.0B38%
UBS$5.5B23%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open FERG in InvestinglyQuestions
Which is bigger, Ferguson Plc or WESCO International?
Ferguson Plc (FERG), at $40.9B against $16.7B.
Is FERG or WCC cheaper?
By trailing P/E, Ferguson Plc (23.6x) is cheaper than WESCO International (24.3x). A lower multiple can also mean the market expects less growth.
Which grows faster, FERG or WCC?
WESCO International: revenue grew +13.0% over the last year, against +3.8%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.