OverviewSuggest Edit
Encore Wire is a company engaged in manufacturing electrical building wire and cable. It offers a range of products, including NM-B cables, THHN and THWN-2 cables, tray cables, armored cables, etc. The company supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing.
| Type | Public | |
| Founded | 1989 | |
| HQ | McKinney, TX, US | Map |
| Website | encorewire.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
- Virtual Care Provider MyTelemedicine Receives Encore Wire Award for Business Expansion
- Encore Wire Co. (NASDAQ:WIRE) Short Interest Down 27.5% in March
- Electric Wire and Cable Market in North America to Grow by USD 1.33 Billion During 2021-2025|Technavio
- Encore Wire Presenting at Sidoti & Company’s Spring 2021 Virtual Investor Conference
Key People/Management at Encore Wire
Daniel L. Jones
President and CEO
Bret J. Eckert
Vice President — Finance, Treasurer, Secretary and Chief Financial Officer
William Bigbee
VP Operations
Kevin Kieffer
VP Sales and Marketing
Janet Sander
VP Purchasing
Donald Spurgin
VP Sales Development
Encore Wire Office Locations
Encore Wire has an office in McKinney
McKinney, TX, US (HQ)
1329 Millwood Rd
Encore Wire Financials and Metrics
Encore Wire Revenue
Encore Wire's revenue was reported to be $1.28 b in FY, 2020 which is a 0.2% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | 444.1m |
Gross profit (Q1, 2021) | 84.5m |
Gross profit margin (Q1, 2021), % | 19% |
Net income (Q1, 2021) | 41.2m |
EBIT (Q1, 2021) | 53.4m |
Market capitalization (22-Jul-2021) | 1.4b |
Closing stock price (22-Jul-2021) | 68.1 |
Cash (31-Mar-2021) | 155.0m |
EV | 1.3b |
Encore Wire's current market capitalization is $1.4 b.
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 1.0m |
Financial Leverage | 1.1 x |
P/E Ratio | 13.4 |
Encore Wire Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| EWC Aviation Corporation |
Encore Wire Cybersecurity Score
Encore Wire Environment, Social & Governance (ESG) Ratings
Encore Wire Online and Social Media Presence
285 Twitter followers
Encore Wire has 285 Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.3% quarter over quarter
Encore Wire's Trends
Twitter Engagement Stats for @encorewirecorp
353
Tweets
91
Following
285
Followers
8
Tweets last 30 days
1.3
Avg. likes per Tweet
75%
Tweets with engagement
Encore Wire Company Culture
Overall Culture
A
78/100
CEO Rating
A
77/100
Compensation
A-
81/100
Encore Wire News and Updates
May 05, 2021
Virtual Care Provider MyTelemedicine Receives Encore Wire Award for Business Expansion
MCKINNEY, Texas, May 5, 2021 /PRNewswire/ -- In recognition of the company's significant contribution to the job market and local economy, MyTelemedicine received the 2020 Business Retention and Expansion Program Encore Wire Award from the McKinney Economic Development Corporation (MEDC)...
March 31, 2021
Encore Wire Co. (NASDAQ:WIRE) Short Interest Down 27.5% in March
Encore Wire Co. (NASDAQ:WIRE) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 251,800 shares, a drop of 27.5% from the February 28th total of 347,500 shares.
March 30, 2021
Electric Wire and Cable Market in North America to Grow by USD 1.33 Billion During 2021-2025|Technavio
The electric wire and cable market in North America is expected to grow by USD 1.33 billion during 2021-2025, as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020.
March 18, 2021
Encore Wire Presenting at Sidoti & Company’s Spring 2021 Virtual Investor Conference
Encore Wire Corporation (NASDAQ Global Select: WIRE) announced today that the Company’s Chief Financial Officer, Mr. Bret J. Eckert, will be presenting at Sidoti & Company’s Spring 2021 Virtual Investor Conference on Wednesday, March 24th at 11:30 am EDT.
February 16, 2021
Encore Wire Reports Fourth Quarter and Full Year 2020 Results
Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the fourth quarter and year ended December 31, 2020.
October 19, 2018
XLPE Cable Market Key players Brugg Kabel, Encore Wire, Relemac Technologies like are making huge investment
Pune, India, 19th October 2018: WiseGuyReports announced addition of new report, titled “Global XLPE Cable Market Research Report: Forecast to 2023”. Posted via Industry Today. Follow us on Twitter @IndustryToday
Encore Wire Blogs
September 11, 2019
D.A. Davidson Conference
MCKINNEY, TX – Encore Wire Corporation (NASDAQ Global Select: WIRE) announced today that the Company’s Chief Financial Officer, Mr. Frank […]
September 03, 2019
CHIEF FINANCIAL OFFICER TO RETIRE
MCKINNEY, TX – Encore Wire Corporation (NASDAQ Global Select: WIRE) announced today that the Company’s Vice President and Chief Financial […]
July 30, 2019
2nd Quarter Results
MCKINNEY, TX – Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the second quarter of 2019. Read […]
May 31, 2019
Antidumping Ruling
McKinney, TX – Encore Wire Corporation (NASDAQ Global Select: WIRE) today commented on the U.S. Commerce Department’s preliminary affirmative determination […]
April 30, 2019
1st Quarter Results 2019
MCKINNEY, TX – Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the first quarter of 2019. Read […]
April 02, 2019
Encore Wire Welcomes Commerce Department Ruling
McKinney, TX – Encore Wire Corporation (NASDAQ Global Select: WIRE) today commented on the U.S. Commerce Department’s preliminary affirmative determination […]
Encore Wire Frequently Asked Questions
When was Encore Wire founded?
Encore Wire was founded in 1989.
Who are Encore Wire key executives?
Encore Wire's key executives are Daniel L. Jones, Bret J. Eckert and William Bigbee.
How many employees does Encore Wire have?
Encore Wire has 1,289 employees.
What is Encore Wire revenue?
Latest Encore Wire annual revenue is $1.3 b.
What is Encore Wire revenue per employee?
Latest Encore Wire revenue per employee is $990.7 k.
Who are Encore Wire competitors?
Competitors of Encore Wire include Carlisle Interconnect Technologies, Hellenic Cables Group and Shanghai STEP Electric.
Where is Encore Wire headquarters?
Encore Wire headquarters is located at 1329 Millwood Rd, McKinney.
Where are Encore Wire offices?
Encore Wire has an office in McKinney.
How many offices does Encore Wire have?
Encore Wire has 1 office.
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