Encore Wire Corporation(WIRE) Stock Research - Grey Stern Research
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Encore Wire Corporation (WIRE) Stock Analysis

$289.84 (0.00%)

WIRE Financial Performance


Use the table below to view Encore Wire Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q1 - 2024

Metric Value Ranking among Peers
Price $289.84 -
52 Week Low $150.51 -
52 Week High $295.90 -
Market Cap $4.6 Billion 5/9
Gross Margin 21% 8/9
Profit Margin 10% 4/9
EBITDA margin 13% 7/9
Q1 - 2024 Revenue $632.7 Million 7/9
Q1 - 2024 Earnings $63.3 Million 6/9
Q1 - 2024 Free Cash Flow $51.9 Million 3/9
Trailing 4 Quarters Revenue $2.5 Billion 7/9
Trailing 4 Quarters Earnings $316.2 Million 5/9
Quarterly Earnings Growth -47% 7/9
Annual Earnings Growth -46% 7/9
Quarterly Revenue Growth -4% 5/9
Annual Revenue Growth -7% 5/9
Cash On Hand $614.1 Million 3/9
Short Term Debt $0 7/9
Long Term Debt $0 8/9

Encore Wire Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Encore Wire Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 14.48 9/9
PS 1.80 6/9
PB 2.53 7/9
PC 7.46 7/9
Liabilities to Equity 0.13 8/9
ROA 0.15 1/9
ROE 0.17 5/9
Current Ratio 8.93 1/9
Quick Ratio 2.69 1/9
Long Term Debt to Equity 0.00 8/9
Debt to Equity 0.00 8/9
Burn Rate -9.70 6/9
Cash to Cap 0.13 3/9
CCR 0.82 3/9
EV to EBITDA 47.52 6/9
EV to Revenue 1.56 7/9

Company Details

Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. The company's products include NM-B cables for use as interior wiring in homes, apartments, and manufactured housing; THHN/THWN-2 cables and metal-clad and armored cables for use as wiring in commercial and industrial buildings; UF-B cables; XHHW-2 cables; RHH/RHW-2 cables; USE-2 cables; and other types of wire products. It sells its products to wholesale electrical distributors primarily through independent manufacturers' representatives. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas.

CEO: Mr. Daniel Jones

Website: https://www.encorewire.com

Address: 1329 MILLWOOD RD McKinney, TEXAS

Exchange: NASDAQ Global Select

Industry: Electrical Equipment & Parts

Encore Wire Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Encore Wire Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Acuity Brands, Inc. AYI $9.2 Billion
EnerSys ENS $4.0 Billion
Advanced Energy Industries, Inc. AEIS $3.8 Billion
Energizer Holdings, Inc. ENR $2.3 Billion
Hubbell Incorporated HUBB $23.0 Billion
Kimball Electronics, Inc. KE $439.5 Million
nVent Electric plc NVT $11.3 Billion
Vertiv Holdings Co VRT $38.4 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
WIRE Income Statements
Quarter Year Revenue Earnings
Q1 2024 $ 632.7 Million $63.3 Million
Q4 2023 $ 633.8 Million $66.1 Million
Q3 2023 $ 637.0 Million $82.1 Million
Q2 2023 $ 636.5 Million $104.7 Million
Q1 2023 $ 660.5 Million $119.5 Million
Q4 2022 $ 693.9 Million $154.0 Million
Q3 2022 $ 762.4 Million $191.8 Million
Q2 2022 $ 838.2 Million $210.5 Million

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WIRE Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q1 2024 $614.1 Million $2.0 Billion $0 $1.8 Billion
Q4 2023 $560.6 Million $2.0 Billion $0 $1.7 Billion
Q3 2023 $581.8 Million $2.0 Billion $0 $1.8 Billion
Q2 2023 $667.8 Million $2.0 Billion $0 $1.8 Billion
Q1 2023 $697.4 Million $2.0 Billion $0 $1.8 Billion
Q4 2022 $730.6 Million $2.0 Billion $0 $1.8 Billion
Q3 2022 $573.6 Million $1.9 Billion $0 $1.7 Billion
Q2 2022 $469.5 Million $1.8 Billion $0 $1.6 Billion

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WIRE Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q1 2024 $51.9 Million -$34.2 Million $53.5 Million
Q4 2023 $63.8 Million -$46.0 Million -$21.1 Million
Q3 2023 $0 $0 $0
Q2 2023 $218.6 Million $0 $218.6 Million
Q1 2023 $95.2 Million -$31.8 Million -$33.1 Million
Q4 2022 $179.7 Million -$42.8 Million $157.0 Million
Q3 2022 $197.8 Million -$30.3 Million $104.0 Million
Q2 2022 $77.3 Million -$43.3 Million $3.4 Million

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