Encore Wire Net Income

The latest net income for WIRE is $320M as of March 2024. That compares with $680M in the prior-year period — down 53.2% year over year. That is below the Technology sector average of $6.3T. 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 net income moved from $680M to $320M — a 53.2% 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 $320M for net income, while the sector average sits near $6.3T. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Encore Wire's growth, margins, and balance sheet.

A net income figure of $320M 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 $6.3T. Explore the charts below for those layers of context.

After noting WIRE's net income ($320M), review year-over-year change from $680M, 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.