Encore Wire (WIRE) Return on Equity ROE from the first quarter 2024 to first quarter 2023 and annually, average high and low, overall ranking from Mar 31 2024 to Mar 31 2023 - CSIMarket
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Encore Wire Corp  (NASDAQ: WIRE)

Encore Wire's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Encore Wire in the first quarter 2024?
Encore Wire Corp achieved a return on average equity (ROE) of 17.77 % in its first quarter 2024, this is above WIRE's average return on equity of 16.3%.
Encore Wire Corp shareholder's equity over the 12 months ending in its first quarter 2024 are valued at $1,780 million

ROE decreased relative to the period ending , due to the decline in net income.

Within the Miscellaneous Fabricated Products industry 14 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the fourth quarter 2023 from 217 to 754.

What is ROE?




Return On Equity (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Equity Change -0.05 % -3.91 % 4.57 % 13.45 % -
Y / Y Net Income Change -47.04 % -57.06 % -57.21 % -50.25 % -26.03 %
Net Income (TTM) in Millions 316 372 460 570 676
Return On Equity (TTM) 17.77 % 20.92 % 25.6 % 32.05 % 39.17 %
WIRE's Total Ranking # 754 # 217 # 364 # 284 #
Equity (TTM) in Millions 1,813 1,748 1,762 1,797 1,814
Seq. Equity Change 3.74 % -0.8 % -1.96 % -0.94 % -0.26 %
Seq. Net Income Change -4.3 % -19.41 % -21.66 % -12.34 % -22.41 %

Return On Equity Company Ranking
Within: No.
Industry # 15
Sector # 59
Overall # 754

Return On Equity Statistics
High Average Low
52.38 %
16.3 %
4.79 %
(Mar 31 2022)   (Dec 31 2012)





WIRE Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 1,748 1,819 1,339 838 779
Y / Y Equity Change -3.91 % 35.81 % 59.85 % 7.53 % 8.14 %
Net Income in Millions 372 718 541 76 58
Y / Y Net Income Change -48.12 % 32.58 % 611.77 % 30.86 % -25.62 %
Return On Equity 21.31 % 39.47 % 40.43 % 9.08 % 7.46 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 21.31 %, due to deterioration of net income.


More Return On Equity Ratios
Miscellaneous Fabricated Products Industry Roe Trends and Statistics
Basic Materials Sector Return On Equity Statistics
WIRE's' Return on Equity at Yahoo Finance
WIRE's Roe Ratio versus Miscellaneous Fabricated Products Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for WIRE's Competitors
Subscribers only: Roe for Encore Wire's Suppliers
Subscribers only: Return On Equity for WIRE's Customers




Companies with similar Return On Equity at Mar 31 2024, within Basic Materials Sector ROE
374water Inc   48.17 %
Beacon Roofing Supply Inc   44.34 %
Armstrong World Industries Inc   39.89 %
Newmarket Corporation  38.98 %
Century Aluminum Company  38.17 %
Eagle Materials Inc   37.91 %
Knife River Corporation  35.88 %
Trex Company Inc   35.42 %
Cabot Corporation  35.37 %
Clearwater Paper Corporation  32.53 %
Wd 40 Company  32.52 %
Tecnoglass Inc   31.12 %
Superior Drilling Products Inc   31.10 %
Southern Copper Corp  30.56 %
Fmc Corporation  29.03 %
Janus International Group Inc   28.39 %
James Hardie Industries Plc  28.39 %
Celanese Corporation  28.38 %
Xpel Inc   28.00 %
Steel Dynamics Inc   27.77 %
Innovex International Inc   27.64 %
Ati Inc   27.27 %
Avery Dennison Corporation  26.36 %
Martin Marietta Materials Inc   26.06 %
Parker hannifin Corporation  25.85 %
Graphic Packaging Holding Co  25.62 %
Cardinal Ethanol Llc  25.05 %
Mueller Industries Inc  25.05 %
Rpm International Inc   24.53 %
Dnow Inc   24.15 %


Date modified: 2026-08-29T17:28:48+00:00



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