Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Encore Wire's annualizedGross Profit for the quarter that ended in Dec. 2023 was $546 Mil.
Encore Wire's average Total Assets over the quarter that ended in Dec. 2023 was $1,973 Mil. Therefore, Encore Wire's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 27.65%.
Encore Wire Gross-Profit-to-Asset % Historical Data
The historical data trend for Encore Wire's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Encore Wire's Gross-Profit-to-Asset %
For the Electrical Equipment & Parts subindustry, Encore Wire's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Encore Wire's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Encore Wire's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Encore Wire's Gross-Profit-to-Asset % falls into.
Encore Wire Gross-Profit-to-Asset % Calculation
Encore Wire's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Encore Wire Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Encore Wire's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Encore Wire Corp is engaged in manufacturing electrical building wire and cable. It supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The company's principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. Encore offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, RHH/RHW-2, and other types of wire products, including tray cable, metal-clad, and armored cable.
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