Encore Wire Profit Margin

Encore Wire posts a profit margin of 12.45% as of March 2024. That compares with 22.87% in the prior-year period — down 45.6% year over year. That is below the Technology sector average of 37.3%. 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 profit margin was 22.87%. The latest reading is 12.45% — a 45.6% 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 profit margin near 37.3% is typical. Encore Wire's 12.45% is lower that level. That is roughly 66.6% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Encore Wire's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 12.45% as of March 2024; use YoY and peer views to separate noise from signal.

Context for WIRE's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 37.3%), and (3) consistency with growth and profitability. This page covers the first two; Encore Wire's other metric pages and overview cover the third.