WESCO Up to 34th Place on Barron’s 2012 America’s Top 500 Companies
It’ s great to come to work every day with a sense of pride. WESCO is not just a great company to do business with – it is a great company to work for. Today, I opened my email and found an announcement that WESCO moved from 345th place to 34th place on Barron’s 2012 America’s Top 500 Companies list. Having the company recognized in the market is an accomplishment for all who contribute to its success.
What criteria were considered to rank WESCO 34th on the list? There are 3 criteria: 1) sales growth in the latest fiscal year, adjusted for divestitures; 2) Median three-year return on investment, based on a cash-flow calculation called CFROI; and 3) The change in CFROI in the latest fiscal year relative to the three-year median. So with two great years of strong sales growth WESCO ranks near the top of the list, placing high amongst an impressive list of blue chip companies.