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, US
Websitehouwire.com
Employee Ratings2.5

Latest Updates

Employees (est.) (Dec 2019)432(+2%)
Revenue (FY, 2019)$338.3 M(-5%)
Share Price (Nov 2020)$2.7 (-3%)
Cybersecurity ratingAMore

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
G. Gary Yetman

G. Gary Yetman

Chairman of the Board
Roy W. Haley

Roy W. Haley

Director
Maggie S. Laird

Maggie S. Laird

Director
Sandford W. Rothe

Sandford W. Rothe

Director
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Houston Wire & Cable Office Locations

Houston Wire & Cable has offices in Houston, Baton Rouge, Bloomingdale, Charlotte and in 8 other locations
Houston, US (HQ)
10201 N Loop E Fwy
Baton Rouge, US
6735 Exchequer Dr #130
Bloomingdale, US
290 Madsen Dr #100
Charlotte, US
4925 Sirona Dr #100
Downingtown, US
251 S Bailey Rd
Kent, US
6608 S 211th St #108
Show all (12)

Houston Wire & Cable Financials and Metrics

Houston Wire & Cable Revenue

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View revenue for all periods
Houston Wire & Cable's revenue was reported to be $338.29 m in FY, 2019
USD

Revenue (Q3, 2020)

70.2m

Gross profit (Q3, 2020)

15.0m

Gross profit margin (Q3, 2020), %

21.3%

Net income (Q3, 2020)

(735.0k)

EBIT (Q3, 2020)

(519.0k)

Market capitalization (12-Nov-2020)

43.7m

Closing stock price (12-Nov-2020)

2.7
Houston Wire & Cable's current market capitalization is $43.7 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

261.6m317.7m356.9m338.3m

Revenue growth, %

(15%)21%12%

Cost of goods sold

208.7m245.0m271.7m258.4m

Gross profit

53.0m72.7m85.2m79.9m
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, 2019

Cash

1.4m4.1m

Accounts Receivable

44.7m57.4m52.9m50.3m

Prepaid Expenses

570.0k1.9m737.0k1.8m

Inventories

79.8m88.1m94.3m114.1m
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, 2019

Net Income

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

Depreciation and Amortization

3.0m2.8m2.2m2.5m

Inventories

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

Accounts Payable

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

Revenue/Employee

649.2k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2 x
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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 k10.50 k

Distribution Centers

22 21 21

SKUs Offered

47 k46 k46 k
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Houston Wire & Cable Acquisitions / Subsidiaries

Company NameDateDeal Size
HWC Wire & Cable Company
PFI, LLC

Houston Wire & Cable Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Houston Wire & Cable Online and Social Media Presence

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Houston Wire & Cable News and Updates

Houston Wire & Cable Company Announces Results for the Quarter Ended September 30, 2020, Update on Continuing Cost and Debt Reduction

HOUSTON, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ: HWCC) (the “Company”) announced operating results for the third quarter ended September 30, 2020 and progress on its continuing cost and debt reduction programs.

Houston Wire & Cable Company Announces Third Quarter 2020 Earnings Release Date

HOUSTON, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq:HWCC) announced today that the company will release Third Quarter 2020 results after market close on Thursday, November 5th, 2020.

Houston Wire & Cable Company Provides Results for the Quarter Ended June 30, 2020, Update on Cost and Debt Reduction

HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ: HWCC) (the “Company”) announced operating results for the second quarter ended June 30, 2020 and progress on its cost and debt reduction programs.

Houston Wire & Cable Company Announces Governance, Management Changes

HOUSTON, June 12, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ: HWCC) (the Company) today announced that Gary Yetman has been named executive chairman of the board. William H. Sheffield, who has served as non-executive chairman since 2012, will remain on the board and succeed …

Houston Wire & Cable Company to Present at the Midwest IDEAS 2019 Conference on August 29th at the Gwen Hotel in Chicago, IL

HOUSTON, Aug. 21, 2019 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that James L. Pokluda, President & CEO, will be presenting at the Midwest IDEAS 2019 Conference on Thursday, August 29th at 2:20 p.m. Central Time at the Gwen Hotel in Chicago, IL.

Houston Wire & Cable Company Reactivates Stock Repurchase Program

HOUSTON, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) announced today that its Board of Directors approved the reactivation of its stock repurchase program. The stock repurchase program was originally adopted in March 2014 and authorized the purchase of up to $…
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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 G. Gary Yetman.

  • 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 $338.3 m.

  • What is Houston Wire & Cable revenue per employee?

    Latest Houston Wire & Cable revenue per employee is $783.1 k.

  • Who are Houston Wire & Cable competitors?

    Competitors of Houston Wire & Cable include Kabelindo Murni, Okonite and Supreme Cable Manufacturing & Commerce.

  • 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 8 other locations.

  • How many offices does Houston Wire & Cable have?

    Houston Wire & Cable has 12 offices.