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Wesco can be traced back to the late 1800s but was officially founded in 1922, acting as the distribution arm of Westinghouse Electric. Throughout the 1900s, Wesco entered and subsequently exited the consumer electronics, transit, bottling, and nuclear plant distribution markets. It was sold to a private equity firm in 1994 and then went public in 1999, and numerous acquisitions have since been made to fill the gaps in Wesco's geographical and product coverage. Today, the firm primarily distributes electrical, networking, security, and utility equipment used in the construction and repair of structures such as offices, data centers, power transmission lines, and manufacturing plants. Wesco has operations around the globe but generates the majority of its revenue in the United States.
View stockGE Aerospace is the global leader in designing, manufacturing, and servicing commercial aircraft turbine engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 80,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; General Electric became a storied conglomerate, with peak revenue of $130 billion in 2000, until it spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
View stockStock highlights
Stock name | Wesco | GE |
|---|---|---|
Last price | $341.98 | $311.28 |
Currency | USD | USD |
| $17B | $326B | |
| 23.57 | 36.96 | |
| $14.46 | $8.49 | |
| 1.53 | 1.37 | |
| $1.95 | $1.66 | |
| 0.59% | 0.60% | |
Sector | Industrials | Industrials |
Employees | 21,000 | - |
Ticker | $WCC | $GE |
Primary listing | NYSE | NYSE |
Performance
CumulativeRolling yearsLump sum investment
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