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COMPANY BENCHMARKING • UNITED STATES

Encore Wire Corporation - Company Profile

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Encore Wire Corporation - Overview

Description
Encore Wire is a public company headquartered in Texas with an estimated 1,440 employees. In the US, the company has a notable market share in at least one industry: Wire & Cable Manufacturing, where they account for an estimated 16.9% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details

Registered Name: Encore Wire Corporation

Company Type: Operating

Exchange: Nasdaq

Headquarters: 1329 Millwood Rd Mckinney TX 75069

Website: https://www.encorewire.com/

Employees: 1440

Encore Wire Corporation - Operating Industries and Main Competitors

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Encore Wire Corporation - Products and Services

  • Wire & Cable Manufacturing in the US

  • Of the 6 core revenue-generating products and services in the Wire & Cable Manufacturing in the US industry, Encore Wire Corporation offers:
    • Power wire and cable
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Encore Wire Corporation - Analyst Insights

Distribution

Encore sells its wire to wholesale electrical distributors throughout the United States. Most distributors supply products to electrical contractors. Encore’s customers are numerous and diversified. Encore has three customers, each of whom slightly exceeds 10.0% of the Company's total sales, the loss of which would have a material adverse effect on the Company. The Company also believes that, for a variety of reasons, many customers strive to maintain lean inventories. Because of this trend, the Company seeks to maintain sufficient inventories to satisfy customers’ prompt delivery requirements.

Competition


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Encore Wire Corporation - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Encore Wire Corporation's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Wire & Cable Manufacturing in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Encore Wire Corporation - Financial Statements & Ratios

pie_chartEncore Wire Corporation Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue2,592.71,276.91,275.01,288.71,164.2940.8
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartEncore Wire Corporation Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents439.0183.1231.0178.4123.495.8
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartEncore Wire Corporation Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net IncomeN/AN/AN/AN/AN/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

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