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Encore Wire Corporation (WIRE)

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284.06 +1.65 +0.58%

16:00:04 - Closed. Currency in USD ( Disclaimer )

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284.06

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17:11:00 - Real-time Data

Type: Equity

Market: United States

Volume: 228,016
Bid/Ask: 280.52 / 286.66
Day's Range: 281.71 - 285.78

NASDAQ:WIRE Financials

A brief overview of the NASDAQ:WIRE financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Encore Wire over time.

Encore Wire Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 632.66 million compared to USD 660.49 million a year ago. Net income was USD 63.28 million compared to USD 119.48 million a year ago. Basic earnings per share from continuing operations was USD 4.02 compared to USD 6.6 a year ago. Diluted earnings per share from continuing operations was USD 3.92 compared to USD 6.5 a year ago.

Annual Quarterly

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Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

WIRE Income Statement

Gross margin TTM 23.1%

Operating margin TTM 14.96%

Net Profit margin TTM 12.45%

Return on Investment TTM 16.13%

Total Revenue Net Income

Period Ending:	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023
Total Revenue	632.66	633.78	636.99	636.46
Gross Profit	135.99	136.41	148.24	166.15
Operating Income	74.9	79.55	97.96	127.48
Net Income	63.28	66.12	82.05	104.74

WIRE Balance Sheet

Quick Ratio MRQ 6.44

Current Ratio MRQ 7.49

LT Debt to Equity MRQ -

Total Debt to Equity MRQ -

Total Assets Total Liabilities

Period Ending:	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023
Total Assets	2041.54	1967.91	1978.99	2012.78
Total Liabilities	228.58	220.34	217.3	215.89
Total Equity	1812.96	1747.58	1761.69	1796.89

WIRE Cash Flow Statement

Cash Flow/Share TTM 28.84

Revenue/Share TTM 160.92

Operating Cash Flow 0.00%

Cash Net Change in Cash

Period Ending:	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities		109.82	79.35	139.1
Cash From Investing Activities		-45.98	-43.82	-42.97
Cash From Financing Activities		-84.95	-121.57	-125.77
Net Change in Cash		-21.12	-86.04	-29.63

* In Millions of USD (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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WIRE Comments

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Rui Capelo Apr 15, 2024 1:45PM ET

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Buy buy my love.

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Daniel Berman Feb 09, 2023 1:08AM ET

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Loved the simple business model, balance sheet. Bought at $140 and again in 160's. Thinking of adding an additional 100 shares at Friday close if nothing eles is better, safer and simplier. The low PE is a driver for me. Why not a 7 PE or if initiate a dividend of 3% a 9 PE. Great well run company in a solid sector .

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A_Jaundiced_Eye Feb 09, 2023 1:08AM ET

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Not to mention Biden's plan to rewire all federal buildings by 2045 for $10B

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Ivan Zorin Dec 06, 2021 1:33PM ET

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why the ********its falling today? no any news, no negative... apparently some fund-holder sells...?

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Ivan Zorin Oct 27, 2021 5:10PM ET

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Bought 123. Amazing financials. No loans at all. Cool stable business

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Ivan Zorin Oct 27, 2021 5:10PM ET

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Sold 128

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Daniel Berman Oct 27, 2021 5:10PM ET

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Why sell a stable winning company that has over 500 million in cash no debt and a stable growing business. I keep buying as WIRE continues to perform. I see $200 as do the top analyst. It us just too cheap. Was hoping to buy PH but the stock seemed too pricey. It went up since but getting very expensive. Rather iwn APPLE or GOOGL if they remain under 30 PE given their cash cows. I always believe a Cash Cow is the greatest asset one can iwn if they are nit obsolete ir too keveraged. Neither if these Tech companies are too pricey now . I bought APPLE a long time ago, 2010 and of vourse that $5,000 is now $75,000 plus dividends which I do not factir must live on something. But, WIRE is the complete antithesis of these monster corporations but it is still too cheap making money and yet to distrubute a cent. It nay in a year or two as the cash on hand ecomes a liability to a venture capital firm who will finance this great company buy it using there balance sheet to nake it easy. Buy Now

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