Encore Wire Corporation

WIRENASDAQIndustrials

$289.84

+$0.01(+0.00%)

Market Cap$4.6B

P/E Ratio—

52W High$295.9

52W Low$150.51

Avg Volume475K

Open$289.91

Beta1.23

Overview

Encore Wire Corporation (WIRE) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

WIRE · net income · updated Jun 9, 2026

Core profitability metrics

WIRE · net income · margin · TTM · CAGR

Net income was $372.4M for FY2023 (fiscal year ending 2023-12-31), down 48.1% year-over-year. Net profit margin was 14.5%. Based on available data, Encore Wire Corporation has been profitable since at least 2009.

FY2023 Net Income$372.4M▼ -48.1% YoY

Trailing 12M (TTM)$316.2Mtrailing 4 quarters sum

Net Profit Margin14.5%$372.4M ÷ $2.57B

YoY Change-48.1%—

5-Year CAGR+36.6%FY2020 → FY2023

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2009

▸ FMP /income-statement · Annual · WIRE net income history · WIRE profit margin

Annual net income data

WIRE · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2023$372.4M▼ 48.1%14.5%$2.57B

FY2022$717.8M▲ +32.6%23.8%$3.02B

FY2021$541.4M▲ +611.8%20.9%$2.59B

FY2020$76.1M▲ +30.9%6.0%$1.28B

FY2019$58.1M▼ 25.6%4.6%$1.27B

Net income vs peers (Industrials)

WIRE vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Encore Wire CorporationYOU

WIRE

$372.4M-48.1%14.5%

Space Exploration Technologies Corp.

SPCX

−$4.94B-724.1%-26.4%

Loss

Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Encore Wire Corporation (WIRE) reported net income of $372.4M for FY2023 (fiscal year ending 2023-12-31), down 48.1% year-over-year. The net profit margin was 14.5% — meaning the company kept $0.14 of every dollar of revenue as profit.

Based on available data, Encore Wire Corporation has been profitable since at least 2009. Net income reached a peak of $717.8M in FY2022. Data available for 15 fiscal years.

Encore Wire Corporation's net profit margin was 14.5% for FY2023, based on the latest annual results.

Investors sometimes search for "Encore Wire Corporation net worth" — the company's market capitalization is a separate figure from WIRE net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

WIRE net income · 5 questions

Encore Wire Corporation is profitable. The company reported net income of $372.4M for FY2023, a net profit margin of 14.5%. Net income was down 48.1% year-over-year. Based on available data, Encore Wire Corporation has been profitable since at least 2009.

is WIRE profitabledoes WIRE make a profitWIRE profitabilityWIRE profitable company

▸ Source: FMP /income-statement · GAAP · Encore Wire Corporation · Encore Wire Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026