Encore Direct Expenses from 2010 to 2024

WIRE Stock  USD 216.59  1.88  0.86%   
Encore Wire Direct Expenses is increasing over the years with slightly volatile fluctuation. Direct Expenses is expected to dwindle to about 1.4 B. During the period from 2010 to 2024 Encore Wire Direct Expenses annual values regression line had geometric mean of 1,135,248,343 and significance of  0. At present, Encore Wire's Weighted Average Shares Diluted is projected to decrease significantly based on the last few years of reporting.
Check Encore Wire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Encore main balance sheet or income statement drivers, such as Direct Expenses of 1.4 B, Consolidated Income of 305.3 M or Cost of Revenue of 1.7 B, as well as many exotic indicators such as Interest Coverage of 892, Long Term Debt to Equity of 0.29 or Calculated Tax Rate of 29.76. Encore financial statements analysis is a perfect complement when working with Encore Wire Valuation or Volatility modules.
  
This module can also supplement Encore Wire's financial leverage analysis and stock options assessment as well as various Encore Wire Technical models . Check out the analysis of Encore Wire Correlation against competitors.
For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.

Encore Direct Expenses Breakdown

Showing smoothed Direct Expenses of Encore Wire with missing and latest data points interpolated. Encore Wire's Direct Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Encore Wire's overall financial position and show how it may be relating to other accounts over time.
Direct Expenses10 Years Trend
Slightly volatile
   Direct Expenses   
       Timeline  

Encore Direct Expenses Regression Statistics

Arithmetic Mean1,175,528,381
Geometric Mean1,135,248,343
Coefficient Of Variation29.13
Mean Deviation268,817,892
Median1,042,002,000
Standard Deviation342,430,766
Range1,084,461,000
R-Value0.75
R-Squared0.57
Significance0
Slope57,673,062

Encore Direct Expenses History

20241.4 B
20231.7 B
20221.9 B
20211.7 B
20201.1 B
20191.1 B
20181.1 B
2017B
2016820.7 M
2015880.9 M
2014B

About Encore Wire Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Encore Wire income statement, its balance sheet, and the statement of cash flows. Encore Wire investors use historical funamental indicators, such as Encore Wire's Direct Expenses, to determine how well the company is positioned to perform in the future. Although Encore Wire investors may use each financial statement separately, they are all related. The changes in Encore Wire's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Encore Wire's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Encore Wire Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Encore Wire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Direct Expenses1.7 B1.4 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Encore Wire is a strong investment it is important to analyze Encore Wire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Encore Wire's future performance. For an informed investment choice regarding Encore Stock, refer to the following important reports:
Check out the analysis of Encore Wire Correlation against competitors.
For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Encore Wire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Encore Wire. If investors know Encore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Encore Wire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Dividend Share
0.08
Earnings Share
21.61
Revenue Per Share
152.179
Quarterly Revenue Growth
(0.09)
The market value of Encore Wire is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Wire's value that differs from its market value or its book value, called intrinsic value, which is Encore Wire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Encore Wire's market value can be influenced by many factors that don't directly affect Encore Wire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Encore Wire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encore Wire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Wire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.