Encore Wire Gross Profit

Encore Wire's gross profit stands at $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. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Encore Wire reported $590M in gross profit versus $1.1B a year earlier — a 45.4% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Encore Wire sits lower the Technology benchmark ($260B) with a gross profit of $590M. That is roughly 99.8% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $1.1B in the prior-year period — down 45.4% year over year. Sustained growth in gross profit can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Encore Wire's gross profit evolved across reporting periods, while the comparison chart places WIRE next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.