• WESCO average return on tangible equity for 2023 was -218.13, a 181.57% increase from 2022.
• WESCO average return on tangible equity for 2022 was -77.47, a 312.29% increase from 2021.
• WESCO average return on tangible equity for 2021 was -18.79, a 204.1% 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.