Encore Wire Gross Profit

Encore Wire posts a gross profit of $590M as of March 2024. That compares with $1.1B in the prior-year period — down 45.4% year over year. That is below the Technology sector average of $260B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Encore Wire's gross profit was $1.1B. The latest reading is $590M — a 45.4% year-over-year decrease (period ending March 2024). Use the history and growth charts on this page for a longer lookback.

For Technology stocks, a gross profit near $260B is typical. Encore Wire's $590M is lower that level. That is roughly 99.8% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Gross Profit is one piece of Encore Wire's financial statement story. At $590M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for WIRE's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $260B), and (3) consistency with growth and profitability. This page covers the first two; Encore Wire's other metric pages and overview cover the third.