Encore Wire Gross Profit

Encore Wire (WIRE) currently reports 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. Use the charts on this page to explore Encore Wire's gross profit history and peer comparisons.

Encore Wire's gross profit decreased from $1.1B to $590M — a 45.4% year-over-year decrease (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Encore Wire's gross profit of $590M is lower than the Technology sector average of $260B. That is roughly 99.8% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Encore Wire reported $590M in gross profit as of March 2024. That compares with $1.1B in the prior-year period — down 45.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current gross profit of $590M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is $260B. From there, open related valuation or income-statement pages for Encore Wire, and consider following WIRE for alerts when major investors trade the stock.