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Side-by-side financial comparison of American Express (AXP) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
American Express is the larger business by last-quarter revenue ($10.9B vs $6.1B, roughly 1.8× WESCO INTERNATIONAL INC). American Express runs the higher net margin — 22.5% vs 2.6%, a 19.9% gap on every dollar of revenue. On growth, WESCO INTERNATIONAL INC posted the faster year-over-year revenue change (10.3% vs 9.9%). American Express produced more free cash flow last quarter ($2.3B vs $27.5M). Over the past eight quarters, American Express's revenue compounded faster (8.2% CAGR vs 6.5%).
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products an...
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
AXP vs WCC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.9B | $6.1B |
| Net Profit | $2.5B | $159.8M |
| Gross Margin | — | 21.2% |
| Operating Margin | 28.2% | 5.3% |
| Net Margin | 22.5% | 2.6% |
| Revenue YoY | 9.9% | 10.3% |
| Net Profit YoY | 13.5% | -3.4% |
| EPS (diluted) | $3.52 | $3.33 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $10.9B | $6.1B | ||
| Q3 25 | $10.4B | $6.2B | ||
| Q2 25 | $10.3B | $5.9B | ||
| Q1 25 | $9.6B | $5.3B | ||
| Q4 24 | $10.0B | $5.5B | ||
| Q3 24 | $9.7B | $5.5B | ||
| Q2 24 | $9.8B | $5.5B | ||
| Q1 24 | $9.3B | $5.3B |
| Q4 25 | $2.5B | $159.8M | ||
| Q3 25 | $2.9B | $187.5M | ||
| Q2 25 | $2.9B | $174.5M | ||
| Q1 25 | $2.6B | $118.4M | ||
| Q4 24 | $2.2B | $165.4M | ||
| Q3 24 | $2.5B | $204.3M | ||
| Q2 24 | $3.0B | $232.1M | ||
| Q1 24 | $2.4B | $115.8M |
| Q4 25 | — | 21.2% | ||
| Q3 25 | — | 21.3% | ||
| Q2 25 | — | 21.1% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 21.9% | ||
| Q1 24 | — | 21.3% |
| Q4 25 | 28.2% | 5.3% | ||
| Q3 25 | 36.7% | 5.6% | ||
| Q2 25 | 34.4% | 5.5% | ||
| Q1 25 | 34.6% | 4.5% | ||
| Q4 24 | 27.7% | 5.5% | ||
| Q3 24 | 33.0% | 6.1% | ||
| Q2 24 | 38.6% | 5.9% | ||
| Q1 24 | 33.7% | 4.9% |
| Q4 25 | 22.5% | 2.6% | ||
| Q3 25 | 27.9% | 3.0% | ||
| Q2 25 | 28.0% | 3.0% | ||
| Q1 25 | 26.8% | 2.2% | ||
| Q4 24 | 21.8% | 3.0% | ||
| Q3 24 | 25.8% | 3.7% | ||
| Q2 24 | 30.7% | 4.2% | ||
| Q1 24 | 26.1% | 2.2% |
| Q4 25 | $3.52 | $3.33 | ||
| Q3 25 | $4.14 | $3.79 | ||
| Q2 25 | $4.08 | $3.83 | ||
| Q1 25 | $3.64 | $2.10 | ||
| Q4 24 | $3.04 | $3.01 | ||
| Q3 24 | $3.49 | $3.81 | ||
| Q2 24 | $4.15 | $4.28 | ||
| Q1 24 | $3.33 | $1.95 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $742.0M | — |
| Total DebtLower is stronger | $56.4B | — |
| Stockholders' EquityBook value | $33.5B | $5.0B |
| Total Assets | $300.1B | $16.5B |
| Debt / EquityLower = less leverage | 1.68× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $742.0M | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $197.0M | — | ||
| Q1 25 | $261.0M | — | ||
| Q4 24 | $221.0M | — | ||
| Q3 24 | $120.0M | — | ||
| Q2 24 | $188.0M | — | ||
| Q1 24 | $69.0M | — |
| Q4 25 | $56.4B | — | ||
| Q3 25 | $57.8B | — | ||
| Q2 25 | $58.2B | — | ||
| Q1 25 | $51.2B | — | ||
| Q4 24 | $49.7B | — | ||
| Q3 24 | $53.5B | — | ||
| Q2 24 | $51.5B | — | ||
| Q1 24 | $48.8B | — |
| Q4 25 | $33.5B | $5.0B | ||
| Q3 25 | $32.4B | $4.8B | ||
| Q2 25 | $32.3B | $4.8B | ||
| Q1 25 | $31.2B | $5.0B | ||
| Q4 24 | $30.3B | $5.0B | ||
| Q3 24 | $29.7B | $5.0B | ||
| Q2 24 | $29.5B | $4.9B | ||
| Q1 24 | $28.8B | $5.0B |
| Q4 25 | $300.1B | $16.5B | ||
| Q3 25 | $297.6B | $16.6B | ||
| Q2 25 | $295.6B | $16.2B | ||
| Q1 25 | $282.2B | $15.5B | ||
| Q4 24 | $271.5B | $15.1B | ||
| Q3 24 | $271.0B | $15.3B | ||
| Q2 24 | $272.2B | $15.1B | ||
| Q1 24 | $269.3B | $15.5B |
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.78× | — | ||
| Q2 25 | 1.80× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.80× | — | ||
| Q2 24 | 1.74× | — | ||
| Q1 24 | 1.70× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.1B | $71.9M |
| Free Cash FlowOCF − Capex | $2.3B | $27.5M |
| FCF MarginFCF / Revenue | 21.4% | 0.5% |
| Capex IntensityCapex / Revenue | 6.6% | 0.7% |
| Cash ConversionOCF / Net Profit | 1.25× | 0.45× |
| TTM Free Cash FlowTrailing 4 quarters | $16.0B | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.1B | $71.9M | ||
| Q3 25 | $6.2B | $-82.7M | ||
| Q2 25 | $4.4B | $107.8M | ||
| Q1 25 | $4.8B | $28.0M | ||
| Q4 24 | $5.8B | $276.6M | ||
| Q3 24 | $-1.8B | $302.1M | ||
| Q2 24 | $4.5B | $-223.8M | ||
| Q1 24 | $5.6B | $746.3M |
| Q4 25 | $2.3B | $27.5M | ||
| Q3 25 | $5.6B | $-95.9M | ||
| Q2 25 | $3.7B | $86.0M | ||
| Q1 25 | $4.3B | $7.6M | ||
| Q4 24 | $5.3B | $252.3M | ||
| Q3 24 | $-2.3B | $272.9M | ||
| Q2 24 | $4.0B | $-244.6M | ||
| Q1 24 | $5.2B | $725.9M |
| Q4 25 | 21.4% | 0.5% | ||
| Q3 25 | 53.6% | -1.5% | ||
| Q2 25 | 36.3% | 1.5% | ||
| Q1 25 | 45.0% | 0.1% | ||
| Q4 24 | 53.1% | 4.6% | ||
| Q3 24 | -23.3% | 5.0% | ||
| Q2 24 | 40.4% | -4.5% | ||
| Q1 24 | 55.2% | 13.6% |
| Q4 25 | 6.6% | 0.7% | ||
| Q3 25 | 6.3% | 0.2% | ||
| Q2 25 | 6.0% | 0.4% | ||
| Q1 25 | 4.5% | 0.4% | ||
| Q4 24 | 5.0% | 0.4% | ||
| Q3 24 | 4.7% | 0.5% | ||
| Q2 24 | 5.8% | 0.4% | ||
| Q1 24 | 4.2% | 0.4% |
| Q4 25 | 1.25× | 0.45× | ||
| Q3 25 | 2.15× | -0.44× | ||
| Q2 25 | 1.51× | 0.62× | ||
| Q1 25 | 1.84× | 0.24× | ||
| Q4 24 | 2.66× | 1.67× | ||
| Q3 24 | -0.72× | 1.48× | ||
| Q2 24 | 1.50× | -0.96× | ||
| Q1 24 | 2.28× | 6.44× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXP
| US Consumer Services Segment | $4.2B | 38% |
| Commercial Services Segment | $3.1B | 28% |
| International Card Services Segment | $2.1B | 19% |
| Global Merchant And Network Services Segment | $1.7B | 15% |
| Financial Service Other | $471.0M | 4% |
WCC
| CSS | $2.4B | 40% |
| EES | $2.3B | 37% |
| UBS | $1.4B | 23% |
