Encore Wire Past Earnings Performance
Past criteria checks 2/6
Encore Wire has been growing earnings at an average annual rate of 37.8%, while the Electrical industry saw earnings growing at 16.4% annually. Revenues have been growing at an average rate of 20% per year. Encore Wire's return on equity is 17.4%, and it has net margins of 12.4%.
Key information
37.8%
Earnings growth rate
40.6%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 20.0% |
| Return on equity | 17.4% |
| Net Margin | 12.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Encore Wire Corporation's (NASDAQ:WIRE) Low P/E No Reason For Excitement
May 23
Encore Wire Merger Presents Interesting Proposition
Apr 16At US$262, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?
Apr 03Encore Wire: Raising My Price Target To $300, As The Shorts Are Trapped
Feb 28Encore Wire: Good Business, But No Longer A Value Play (Rating Downgrade)
Feb 19Encore Wire Corporation's (NASDAQ:WIRE) Shares Lagging The Market But So Is The Business
Jan 05At US$210, Is Encore Wire Corporation (NASDAQ:WIRE) Worth Looking At Closely?
Dec 15Encore Wire (NASDAQ:WIRE) Could Become A Multi-Bagger
Nov 08An Intrinsic Calculation For Encore Wire Corporation (NASDAQ:WIRE) Suggests It's 28% Undervalued
Oct 05Is Now An Opportune Moment To Examine Encore Wire Corporation (NASDAQ:WIRE)?
Aug 29We Think Encore Wire (NASDAQ:WIRE) Might Have The DNA Of A Multi-Bagger
Jun 27Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching
May 17Estimating The Fair Value Of Encore Wire Corporation (NASDAQ:WIRE)
Apr 23Why We Like The Returns At Encore Wire (NASDAQ:WIRE)
Mar 24New Forecasts: Here's What Analysts Think The Future Holds For Encore Wire Corporation (NASDAQ:WIRE)
Feb 18What Does Encore Wire Corporation's (NASDAQ:WIRE) Share Price Indicate?
Feb 15We Ran A Stock Scan For Earnings Growth And Encore Wire (NASDAQ:WIRE) Passed With Ease
Jan 24Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching
Nov 17Do Encore Wire's (NASDAQ:WIRE) Earnings Warrant Your Attention?
Oct 24Encore Wire Corporation: Still Extremely Undervalued
Oct 04Encore Wire: Copper Prices Will Remain Elevated Despite The Fed's Best Efforts
Sep 15At US$131, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?
Aug 16Encore Wire: Ride The Energy Transition With A Boring Business
Aug 10Is Now The Time To Put Encore Wire (NASDAQ:WIRE) On Your Watchlist?
Jul 26Encore Wire Still Unappreciated After Major 2021 Earnings
Jul 23Encore Wire Looks Like It Is Only Getting Started
May 13I Ran A Stock Scan For Earnings Growth And Encore Wire (NASDAQ:WIRE) Passed With Ease
Apr 19Is It Time To Consider Buying Encore Wire Corporation (NASDAQ:WIRE)?
Mar 21Encore Wire: Adequate Value Despite Expected Cash Flow Declines
Feb 24Encore Wire (NASDAQ:WIRE) Is Very Good At Capital Allocation
Jan 14If You Like EPS Growth Then Check Out Encore Wire (NASDAQ:WIRE) Before It's Too Late
Dec 15Encore Wire: Amazing Operating Cash Flow Growth
Dec 14A Look At The Intrinsic Value Of Encore Wire Corporation (NASDAQ:WIRE)
Nov 29At US$142, Is Encore Wire Corporation (NASDAQ:WIRE) Worth Looking At Closely?
Nov 12Revenue & Expenses Breakdown
How Encore Wire makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 2,540 | 316 | 208 | 0 |
| 31 Dec 23 | 2,568 | 372 | 206 | 0 |
| 30 Sep 23 | 2,628 | 460 | 205 | 0 |
| 30 Jun 23 | 2,753 | 570 | 208 | 0 |
| 31 Mar 23 | 2,955 | 676 | 220 | 0 |
| 31 Dec 22 | 3,018 | 718 | 197 | 0 |
| 30 Sep 22 | 3,012 | 705 | 194 | 0 |
| 30 Jun 22 | 2,965 | 689 | 183 | 0 |
| 31 Mar 22 | 2,872 | 662 | 174 | 0 |
| 31 Dec 21 | 2,593 | 541 | 169 | 0 |
| 30 Sep 21 | 2,286 | 424 | 144 | 0 |
| 30 Jun 21 | 1,909 | 269 | 126 | 0 |
| 31 Mar 21 | 1,418 | 99 | 106 | 0 |
| 31 Dec 20 | 1,277 | 76 | 97 | 0 |
| 30 Sep 20 | 1,198 | 63 | 92 | 0 |
| 30 Jun 20 | 1,180 | 58 | 89 | 0 |
| 31 Mar 20 | 1,263 | 63 | 92 | 0 |
| 31 Dec 19 | 1,275 | 58 | 94 | 0 |
| 30 Sep 19 | 1,292 | 73 | 93 | 0 |
| 30 Jun 19 | 1,312 | 80 | 95 | 0 |
| 31 Mar 19 | 1,312 | 80 | 92 | 0 |
| 31 Dec 18 | 1,289 | 78 | 90 | 0 |
| 30 Sep 18 | 1,270 | 82 | 88 | 0 |
| 30 Jun 18 | 1,222 | 72 | 83 | 0 |
| 31 Mar 18 | 1,176 | 65 | 81 | 0 |
| 31 Dec 17 | 1,164 | 67 | 77 | 0 |
| 30 Sep 17 | 1,102 | 50 | 74 | 0 |
| 30 Jun 17 | 1,047 | 42 | 73 | 0 |
| 31 Mar 17 | 995 | 39 | 71 | 0 |
| 31 Dec 16 | 941 | 34 | 69 | 0 |
| 30 Sep 16 | 952 | 33 | 69 | 0 |
| 30 Jun 16 | 978 | 42 | 67 | 0 |
| 31 Mar 16 | 993 | 45 | 66 | 0 |
| 31 Dec 15 | 1,018 | 48 | 64 | 0 |
| 30 Sep 15 | 1,052 | 42 | 66 | 0 |
| 30 Jun 15 | 1,087 | 38 | 67 | 0 |
| 31 Mar 15 | 1,140 | 37 | 69 | 0 |
| 31 Dec 14 | 1,167 | 37 | 69 | 0 |
| 30 Sep 14 | 1,175 | 43 | 67 | 0 |
| 30 Jun 14 | 1,188 | 46 | 67 | 0 |
| 31 Mar 14 | 1,170 | 51 | 65 | 0 |
| 31 Dec 13 | 1,158 | 47 | 64 | 0 |
| 30 Sep 13 | 1,123 | 41 | 63 | 0 |
| 30 Jun 13 | 1,082 | 33 | 62 | 0 |
Quality Earnings: WIRE has high quality earnings.
Growing Profit Margin: WIRE's current net profit margins (12.4%) are lower than last year (22.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WIRE's earnings have grown significantly by 37.8% per year over the past 5 years.
Accelerating Growth: WIRE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WIRE had negative earnings growth (-53.2%) over the past year, making it difficult to compare to the Electrical industry average (10.5%).
Return on Equity
High ROE: WIRE's Return on Equity (17.4%) is considered low.