• WESCO average return on tangible equity for 2023 was -156.14, a 157.19% increase from 2022.
• WESCO average return on tangible equity for 2022 was -60.71, a 335.51% increase from 2021.
• WESCO average return on tangible equity for 2021 was -13.94, a 167.08% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.