Encore Earning Before Interest and Taxes EBIT from 2010 to 2023

WIRE Stock  USD 181.94  1.97  1.09%   
Encore Wire Earning Before Interest and Taxes EBIT is increasing over the years with slightly volatile fluctuation. Ongoing Earning Before Interest and Taxes EBIT is projected to grow to about 997.9 M this year. During the period from 2010 to 2023 Encore Wire Earning Before Interest and Taxes EBIT anual values regression line had geometric mean of 102,958,792 and significance of  0.001781. Encore Wire Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 717.84 Million. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 997.9 M, whereas Operating Expenses is forecasted to decline to about 159.3 M.
  
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 2.1 B, Consolidated Income of 774.5 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 28.0. Encore financial statements analysis is a perfect complement when working with Encore Wire Valuation or Volatility modules. It 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 Wire Quarterly Earning Before Interest and Taxes EBIT

198.94 Million

Encore Earning Before Interest and Taxes EBIT Breakdown

Showing smoothed Earning Before Interest and Taxes EBIT of Encore Wire with missing and latest data points interpolated. Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.Encore Wire's Earning Before Interest and Taxes EBIT 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.
Earning Before Interest and Taxes EBIT10 Years Trend
Up
Slightly volatile
   Earning Before Interest and Taxes EBIT   
       Timeline  

Encore Earning Before Interest and Taxes EBIT Regression Statistics

Arithmetic Mean236,968,962
Geometric Mean102,958,792
Coefficient Of Variation148.27
Mean Deviation273,029,227
Median75,728,000
Standard Deviation351,364,963
Range968,175,474
R-Value0.76
R-Squared0.57
Significance0.001781
Slope63,450,939

Encore Earning Before Interest and Taxes EBIT History

2023997.9 M
2022924.9 M
2021699.4 M
202098.8 M
201975.7 M
2018101.7 M
201779.9 M
201650.8 M
201572.4 M
201456.2 M
201370.9 M

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 Earning Before Interest and Taxes EBIT, 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 2023
Earning Before Interest and Taxes EBIT924.9 M997.9 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA951.1 MB
Earnings before Tax924.9 M997.9 M

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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
0.198
Dividend Share
0.08
Earnings Share
36.92
Revenue Per Share
157.501
Quarterly Revenue Growth
0.009
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 Encore Wire value 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.