OverviewSuggest Edit

Houston Wire & Cable (HWC) is a provider of electrical and mechanical wire and cable, industrial fasteners, hardware, and related services. It sells electrical products through wholesale electrical distributors, steel wire rope and synthetic products through rigging wholesalers, fastener products through industrial distributors, and fabricated steel wire rope, synthetic lifting, and hardware products to distributors and end users. The company serves the communications, energy, engineering and construction, general manufacturing, infrastructure, petrochemical, transportation, utility, and wastewater treatment industries.

TypePublic
Founded1975
HQHouston, TX, US
Websitehouwire.com
Employee Ratings2.5

Latest Updates

Employees (est.) (Dec 2019)432(+2%)
Revenue (FY, 2020)$286 M(-15%)
Share Price (Jun 2021)$5.3
Cybersecurity ratingBMore

Key People/Management at Houston Wire & Cable

James L. Pokluda

James L. Pokluda

President, CEO and Director
Eric W. Davis

Eric W. Davis

Vice President and Chief Financial Officer
William H. Sheffield

William H. Sheffield

Chairman of the Board
G. Gary Yetman

G. Gary Yetman

Chairman of the Board
Roy W. Haley

Roy W. Haley

Director
Maggie S. Laird

Maggie S. Laird

Director
Show more

Houston Wire & Cable Office Locations

Houston Wire & Cable has offices in Houston, Baton Rouge, Bloomingdale, Charlotte and in 6 other locations
Houston, TX, US (HQ)
10201 N Loop E Fwy
Baton Rouge, LA, US
6735 Exchequer Dr #130
Bloomingdale, IL, US
290 Madsen Dr #100
Charlotte, NC, US
4925 Sirona Dr #100
Downingtown, PA, US
251 S Bailey Rd
Kent, WA, US
6608 S 211th St #108
Show all (10)

Houston Wire & Cable Financials and Metrics

Houston Wire & Cable Revenue

Embed Graph
View revenue for all periods
Houston Wire & Cable's revenue was reported to be $286.02 m in FY, 2020
USD

Revenue (FY, 2020)

286.0m

Gross profit (FY, 2020)

63.0m

Gross profit margin (FY, 2020), %

22%

Net income (FY, 2020)

(12.6m)

EBIT (FY, 2020)

(11.3m)

Market capitalization (18-Jun-2021)

89.5m

Closing stock price (18-Jun-2021)

5.3
Houston Wire & Cable's current market capitalization is $89.5 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

261.6m317.7m356.9m338.3m286.0m

Revenue growth, %

(15%)21%12%

Cost of goods sold

208.7m245.0m271.7m258.4m223.0m

Gross profit

53.0m72.7m85.2m79.9m63.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

78.7m75.6m81.2m85.0m93.9m90.1m85.3m85.3m85.4m83.5m66.8m70.2m

Cost of goods sold

61.8m59.3m62.6m64.5m71.5m68.7m64.0m64.8m66.0m63.9m52.5m55.3m

Gross profit

16.9m16.3m18.6m20.5m22.3m21.4m21.3m20.5m19.4m19.6m14.2m15.0m

Gross profit Margin, %

22%22%23%24%24%24%25%24%23%23%21%21%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.4m4.1m

Accounts Receivable

44.7m57.4m52.9m50.3m38.1m

Prepaid Expenses

570.0k1.9m737.0k1.8m2.1m

Inventories

79.8m88.1m94.3m114.1m68.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

256.0k6.0k3.5m5.7m

Accounts Receivable

51.5m48.2m57.4m52.8m59.7m60.0m58.4m55.9m55.7m55.1m43.6m46.1m

Prepaid Expenses

1.2m1.3m1.2m3.4m1.7m1.6m1.7m2.1m1.5m3.2m2.9m2.8m

Inventories

80.3m78.5m82.2m93.4m87.8m86.5m95.3m106.3m105.9m109.4m106.0m89.3m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(6.0m)(222.0k)8.6m2.6m(12.6m)

Depreciation and Amortization

3.0m2.8m2.2m2.5m3.4m

Inventories

10.5m(7.9m)(6.8m)(20.3m)36.3m

Accounts Payable

896.0k38.0k2.8m2.6m(7.2m)
Quarterly
USDFY, 2016

Revenue/Employee

649.2k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2 x
Show all financial metrics

Houston Wire & Cable Operating Metrics

Houston Wire & Cable's Customers was reported to be 10.5 k in FY, 2018.
FY, 2016FY, 2017FY, 2018

Customer Locations

12 k13 k14 k

Customers

8 k9 k10.5 k

Distribution Centers

222121

SKUs Offered

47 k46 k46 k
Show all operating metrics

Houston Wire & Cable Acquisitions / Subsidiaries

Company NameDateDeal Size
HWC Wire & Cable Company
PFI, LLC

Houston Wire & Cable Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Houston Wire & Cable Online and Social Media Presence

Embed Graph

Houston Wire & Cable News and Updates

OmniCable Completes Acquisition of Houston Wire & Cable Company

HOUSTON and WEST CHESTER, Pa., June 15, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ: HWCC) (HWCC) and Omni Cable, LLC (OmniCable) today announced that the acquisition of HWCC by OmniCable has been completed, following approval of the transaction by HWCC stockholders at a spec…

Houston Wire & Cable Company Postpones 2021 Annual Meeting in Light of Pending Acquisition by OmniCable

HOUSTON, April 29, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ: HWCC) (HWCC) has postponed its Annual Meeting of Stockholders in light of its proposed merger with a subsidiary of Omni Cable, LLC (OmniCable) pursuant to the Agreement and Plan of Merger dated as of March 24, 20…

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Houston Wire & Cable Company Buyout

WILMINGTON, Del., March 26, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Houston Wire & Cable Company (“Houston Wire”) (NASDAQ GS: HWCC) regarding possible breaches of fiduciary duties and other violations of law related to Houston Wire’s agreement to be acqu…

Houston Wire & Cable Company to be Acquired by OmniCable in $91 Million Transaction

HWCC Stockholders to Receive $5.30 per Share in Cash HWCC Stockholders to Receive $5.30 per Share in Cash

Houston Wire & Cable Company Completes Sale of Southwest Wire Rope Division

HOUSTON, March 15, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it completed the sale of its Southwest Wire Rope business, a leading provider of lifting slings and wire rope and rigging products, for a purchase price of $5 million, subject to a work…

Houston Wire & Cable Company to Sell Southwest Wire Rope Division, Use Proceeds to Reduce Revolver Debt

HOUSTON, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it has entered into a definitive asset purchase agreement for the sale of its Southwest Wire Rope business, a leading provider of lifting slings and wire rope and rigging products, for a…
Show more

Houston Wire & Cable Frequently Asked Questions

  • When was Houston Wire & Cable founded?

    Houston Wire & Cable was founded in 1975.

  • Who are Houston Wire & Cable key executives?

    Houston Wire & Cable's key executives are James L. Pokluda, Eric W. Davis and William H. Sheffield.

  • How many employees does Houston Wire & Cable have?

    Houston Wire & Cable has 432 employees.

  • What is Houston Wire & Cable revenue?

    Latest Houston Wire & Cable annual revenue is $286 m.

  • What is Houston Wire & Cable revenue per employee?

    Latest Houston Wire & Cable revenue per employee is $662.1 k.

  • Who are Houston Wire & Cable competitors?

    Competitors of Houston Wire & Cable include SK Express, Superior Essex and Compulink.

  • Where is Houston Wire & Cable headquarters?

    Houston Wire & Cable headquarters is located at 10201 N Loop E Fwy, Houston.

  • Where are Houston Wire & Cable offices?

    Houston Wire & Cable has offices in Houston, Baton Rouge, Bloomingdale, Charlotte and in 6 other locations.

  • How many offices does Houston Wire & Cable have?

    Houston Wire & Cable has 10 offices.