Encore Wire Gross Profit

The latest gross profit for WIRE is $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. Investors often review this figure alongside Encore Wire's historical trend and sector peers before judging valuation or financial health.

Over the past year, WIRE's gross profit moved from $1.1B to $590M — a 45.4% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Encore Wire's operating scale or balance-sheet position.

Against Technology companies, WIRE currently prints $590M for gross profit, while the sector average sits near $260B. That is roughly 99.8% below the sector mean. Large gaps often invite a closer look at Encore Wire's growth, margins, and balance sheet.

A gross profit figure of $590M for WIRE is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Technology average is about $260B. Explore the charts below for those layers of context.

After noting WIRE's gross profit ($590M), review year-over-year change from $1.1B, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.