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Encore Wire Corporation  (WIRE)
Other Ticker:  
 
 

WIRE's Net Income Growth by Quarter and Year

Encore Wire's Net Income results by quarter and year




WIRE Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December -43.60 191.77 175.54 21.01
III Quarter September 104.74 210.54 183.05 12.35
II Quarter June 119.48 161.53 41.19 18.61
I Quarter March 154.00 141.64 24.10 10.54
FY   334.62 705.48 423.88 62.51



WIRE Net Income fourth quarter 2023 Y/Y Growth Comment
Encore Wire Corporation in the fourth quarter 2023 recorded net loss of $ -43.60 millions.

Looking into fourth quarter 2023 results within Miscellaneous Fabricated Products industry 3 other companies have achieved higher Net Income growth. While Encore Wire Corporation' s Net Income no change of % ranks overall at the positon no. 304 in the fourth quarter 2023.




WIRE Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 9.25 % 735.51 % 28.11 %
III Quarter September -50.25 % 15.02 % 1382.19 % -30.54 %
II Quarter June -26.03 % 292.16 % 121.33 % 38.78 %
I Quarter March 8.73 % 487.72 % 128.65 % -57.89 %
FY   -52.57 % 66.43 % 578.1 % -13.92 %

Financial Statements
Encore Wire's fourth quarter 2023 Net Income $ -43.60 millions WIRE's Income Statement
Encore Wire's fourth quarter 2022 Net Income $ 191.77 millions Quarterly WIRE's Income Statement
New: More WIRE's historic Net Income Growth >>


WIRE Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - -8.92 % -4.1 % 70.12 %
III Quarter September -12.34 % 30.34 % 344.4 % -33.64 %
II Quarter June -22.42 % 14.04 % 70.91 % 76.57 %
I Quarter March -19.7 % -19.31 % 14.71 % -35.73 %
FY (Year on Year)   -52.57 % 66.43 % 578.1 % -13.92 %




Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry #4
Basic Materials Sector #21
Overall #304

Net Income Y/Y Growth Statistics
High Average Low
611.77 % 73.23 % -52.57 %
(Dec 31 2021)   (Dec 31 2023)
Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry #4
Basic Materials Sector #21
Overall #304
Net Income Y/Y Growth Statistics
High Average Low
611.77 % 73.23 % -52.57 %
(Dec 31 2021)   (Dec 31 2023)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Encore Wire's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


WIRE's IV. Quarter Q/Q Net Income Comment
Recent results of -43.60 millions by Encore Wire Corporation look even less good compare to the 104.74 millions net loss in the previous quarter.

Within Miscellaneous Fabricated Products industry Encore Wire Corporation achieved highest sequential Net Income growth. While Encore Wire's Net Income growth quarter on quarter, overall rank is .


Net Income Q/Q Growth Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry #
Basic Materials Sector #
Overall #
Net Income Q/Q Growth Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry #
Basic Materials Sector #
Overall #
Net Income Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


WIRE's IV. Quarter Q/Q Net Income Comment
Recent net loss of -43.60 millions by Encore Wire Corporation look even less good considering the 104.74 millions a quarter before.

Within Miscellaneous Fabricated Products industry Encore Wire Corporation achieved highest sequential Net Income growth. While Encore Wire's Net Income growth quarter on quarter, overall rank is .


Encore Wire's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Net Income 12 Months Ending $ 334.63 $ 570.00 $ 675.79 $ 717.84 $ 705.48
Y / Y Net Income Growth (TTM) -52.57 % -17.3 % 2.12 % 32.58 % 66.43 %
Year on Year Net Income Growth Overall Ranking # 92 # 82 # 6 # 52 # 73
Seqeuential Net Income Change (TTM) -41.29 % -15.66 % -5.86 % 1.75 % 2.36 %
Seq. Net Income Growth (TTM) Overall Ranking # 304 # 584 # 69 # 499 # 223




Cumulative Net Income growth Comment
Encore Wire's cumulative 12 months Net Income continue to drop, but on the faster rate at -52.57% year on year, at Dec 31 2023 compare to the -17.3% decrease at Jun 30 2023. If the Encore Wire's fiscal year would end at Dec 31 2023, annual Net Income would be $335 millions.

Among companies within the Basic Materials sector 6 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 82 to 92.

Net Income TTM Q/Q Growth Statistics
High Average Low
611.77 %
73.23 %
-52.57 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry # 4
Basic Materials Sector # 7
Overall # 92

Net Income TTM Y/Y Growth Statistics
High Average Low
611.77 %
73.23 %
-52.57 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 21
S&P 500 # 304
Cumulative Net Income growth Comment
Encore Wire's cumulative 12 months Net Income continue to drop, but on the faster rate at -52.57% year on year, at Dec 31 2023 compare to the -17.3% decrease at Jun 30 2023. If the Encore Wire's fiscal year would end at Dec 31 2023, annual Net Income would be $335 millions.

Among companies within the Basic Materials sector 6 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 82 to 92.

Net Income TTM Q/Q Growth Statistics
High Average Low
611.77 %
73.23 %
-52.57 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Miscellaneous Fabricated Products Industry # 4
Basic Materials Sector # 7
Overall # 92

Net Income TTM Y/Y Growth Statistics
High Average Low
611.77 %
73.23 %
-52.57 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 21
S&P 500 # 304




Other Net Income Growth
Miscellaneous Fabricated Products Industry Net Income Growth Trends and Statistics
Basic Materials Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
WIRE's Net Income Growth Ratio versus Miscellaneous Fabricated Products Industry, Basic Materials Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for WIRE's Competitors
Net Income Growth for Encore Wire's Suppliers
Net Income Growth for WIRE's Customers

You may also want to know
WIRE's Annual Growth Rates WIRE's Profitability Ratios WIRE's Asset Turnover Ratio WIRE's Dividend Growth
WIRE's Roe WIRE's Valuation Ratios WIRE's Financial Strength Ratios WIRE's Dividend Payout Ratio
WIRE's Roa WIRE's Inventory Turnover Ratio WIRE's Growth Rates WIRE's Dividend Comparisons



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