WIRE - Encore Wire Corporation
NASDAQ
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Industrials
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Electrical Equipment & Parts
McKinney,
United States
Type: Equity
WIRE price evolution
WIRE
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $614.09 | $560.63 | $581.75 | $667.79 |
| Short term investments | ||||
| Net receivables | $471.25 | $475.29 | $495.18 | $463.32 |
| Inventory | $173.67 | $163.68 | $158.99 | $163.22 |
| Total current assets | $1262.15 | $1210.58 | $1264.56 | $1328.51 |
| Long term investments | ||||
| Property, plant & equipment | $779.02 | $756.86 | $713.94 | $683.75 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $779.39 | $757.34 | $714.43 | $684.26 |
| Total investments | ||||
| Total assets | $2041.54 | $1967.91 | $1978.99 | $2012.78 |
| Current liabilities | ||||
| Accounts payable | $84.36 | $80.55 | $80.91 | $90.72 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $168.41 | $160.14 | $161.42 | $161.45 |
| Long term debt | ||||
| Total noncurrent liabilities | $60.18 | $60.2 | $55.88 | $54.44 |
| Total debt | ||||
| Total liabilities | $228.58 | $220.34 | $217.3 | $215.89 |
| Shareholders' equity | ||||
| Retained earnings | $2571.45 | $2508.49 | $2442.68 | $2360.95 |
| Other shareholder equity | ||||
| Total shareholder equity | $1812.96 | $1747.58 | $1761.69 | $1796.89 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $560.63 | $730.56 | $438.99 | $183.12 |
| Short term investments | ||||
| Net receivables | $475.29 | $513.9 | $491.13 | $275.78 |
| Inventory | $163.68 | $153.19 | $100.82 | $92.32 |
| Total current assets | $1210.58 | $1401.64 | $1035.05 | $555.13 |
| Long term investments | ||||
| Property, plant & equipment | $756.86 | $616.6 | $494.92 | $410.77 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $757.34 | $617.09 | $495.49 | $411.32 |
| Total investments | ||||
| Total assets | $1967.91 | $2018.73 | $1530.54 | $966.45 |
| Current liabilities | ||||
| Accounts payable | $80.55 | $62.78 | $75.35 | $56.73 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $160.14 | $144.16 | $154.1 | $93.59 |
| Long term debt | ||||
| Total noncurrent liabilities | $60.2 | $55.91 | $37.35 | $35.13 |
| Total debt | ||||
| Total liabilities | $220.34 | $200.07 | $191.45 | $128.72 |
| Shareholders' equity | ||||
| Retained earnings | $2508.49 | $2137.41 | $1421.08 | $881.29 |
| Other shareholder equity | ||||
| Total shareholder equity | $1747.58 | $1818.67 | $1339.09 | $837.73 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $632.66 | $633.78 | $636.99 | $636.46 |
| Cost of revenue | $496.67 | $497.37 | $488.75 | $470.31 |
| Gross Profit | $135.99 | $136.41 | $148.24 | $166.15 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $61.09 | $56.86 | $50.28 | $38.67 |
| Total operating expenses | $61.09 | $56.86 | $50.28 | $38.67 |
| Operating income | $74.9 | $79.55 | $97.96 | $127.48 |
| Income from continuing operations | ||||
| EBIT | $82.23 | $86.98 | $106.56 | $135.54 |
| Income tax expense | $18.95 | $20.86 | $24.51 | $30.8 |
| Interest expense | ||||
| Net income | ||||
| Net income | $63.28 | $66.12 | $82.05 | $104.74 |
| Income (for common shares) | $63.28 | $66.12 | $82.05 | $104.74 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2567.72 | $3017.55 | $2592.72 | $1276.95 |
| Cost of revenue | $1911.84 | $1905.13 | $1724.97 | $1082.41 |
| Gross Profit | $655.88 | $1112.42 | $867.75 | $194.53 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $204.51 | $197.42 | $168.54 | $97.01 |
| Total operating expenses | $204.51 | $197.42 | $168.54 | $97.01 |
| Operating income | $451.37 | $915 | $699.2 | $97.53 |
| Income from continuing operations | ||||
| EBIT | $484.64 | $924.85 | $699.4 | $98.8 |
| Income tax expense | $112.24 | $207.01 | $157.97 | $22.73 |
| Interest expense | ||||
| Net income | ||||
| Net income | $372.4 | $717.84 | $541.42 | $76.07 |
| Income (for common shares) | $372.4 | $717.84 | $541.42 | $76.07 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | $63.28 | $66.12 | $82.05 | $104.74 |
| Operating activities | ||||
| Depreciation | $8.53 | $8.16 | $8.11 | $8.09 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.69 | $5.53 | $5.52 | $6.39 |
| Total cash flows from operations | $86.13 | $109.82 | $79.35 | $139.1 |
| Investing activities | ||||
| Capital expenditures | -$34.24 | -$46 | -$43.83 | -$42.97 |
| Investments | ||||
| Total cash flows from investing | -$34.09 | -$45.98 | -$43.82 | -$42.97 |
| Financing activities | ||||
| Dividends paid | -$0.32 | -$0.32 | -$0.34 | -$0.35 |
| Sale and purchase of stock | $1.73 | -$84.63 | -$121.23 | -$125.42 |
| Net borrowings | ||||
| Total cash flows from financing | $1.41 | -$84.95 | -$121.57 | -$125.77 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $53.45 | -$21.12 | -$86.04 | -$29.63 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $372.4 | $717.84 | $541.42 | $76.07 |
| Operating activities | ||||
| Depreciation | $32.05 | $26.23 | $23.29 | $19.46 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $21.48 | $10.66 | $3.79 | $1.88 |
| Total cash flows from operations | $455.21 | $688.88 | $418.42 | $57.46 |
| Investing activities | ||||
| Capital expenditures | -$164.56 | -$148.35 | -$118.25 | -$86.08 |
| Investments | ||||
| Total cash flows from investing | -$164.53 | -$148.35 | -$118.16 | -$85.99 |
| Financing activities | ||||
| Dividends paid | -$1.38 | -$1.55 | -$1.63 | -$1.65 |
| Sale and purchase of stock | -$459.22 | -$247.42 | -$42.21 | -$17.66 |
| Net borrowings | ||||
| Total cash flows from financing | -$460.59 | -$248.97 | -$44.4 | -$19.31 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$169.92 | $291.57 | $255.87 | -$47.84 |
News
Fundamentals
| Market cap | $4.57B |
|---|---|
| Enterprise value | $3.96B |
| Shares outstanding | 15.78M |
| Revenue | $2.54B |
|---|---|
| EBITDA | $444.20M |
| EBIT | $411.32M |
| Net Income | $316.19M |
| Revenue Q/Q | -4.21% |
| Revenue Y/Y | N/A |
| P/E ratio | 14.47 |
|---|---|
| EV/Sales | 1.56 |
| EV/EBITDA | 8.92 |
| EV/EBIT | 9.63 |
| P/S ratio | 1.80 |
| P/B ratio | 2.52 |
| Book/Share | 114.86 |
| Cash/Share | 38.91 |
| EPS | $20.03 |
|---|---|
| ROA | 15.81% |
| ROE | 17.77% |
| Debt/Equity | 0.13 |
|---|---|
| Net debt/EBITDA | -0.87 |
| Current ratio | 7.49 |
| Quick ratio | 6.46 |