What is the Return on Assets (ROA) of Encore Wire this year?
The Return on Assets (ROA) of Encore Wire is 0.19 undefined this year.
Encore Wire ROA 2025
Encore Wire ROA
0.19
Ticker
WIRE
ISIN
US2925621052
WKN
892473
In 2025, Encore Wire's return on assets (ROA) was 0.19, a -46.78% increase from the 0.36 ROA in the previous year.
Encore Wire Aktienanalyse
What does Encore Wire do?
Encore Wire Corp is an American company based in McKinney, Texas, specializing in the production of copper and aluminum wiring products. It was founded in 1989 by Daniel L. Jones and has been traded on NASDAQ under the ticker symbol "WIRE" since its IPO in 1992. The business model of Encore Wire Corp is based on the production and sale of electrical wires used in the construction industry and electrical installations. The company produces a wide range of copper and aluminum wires, including low voltage wire, data and communication cables, and various types of wire products. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers in various industries. Encore Wire Corp started in 1989 with a production area of 40,000 square feet and a production capacity of 2 million pounds of copper wire per month. The company quickly realized that it was able to produce high-quality wire at a better price than its competitors. Within a few years, it expanded its production capacity to over 50 million pounds of copper wire per month. In 1992, Encore Wire Corp went public, allowing it to generate capital to further expand. Over the past decades, the company has continuously invested in its factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp currently operates four production facilities in Texas and Oklahoma. Encore Wire Corp produces a wide range of wires and cables used in various industries, including the construction industry, electrical installations, mechanical engineering, and the automotive industry. Some of Encore Wire Corp's key products include: - Low voltage wire: These wire products are suitable for use in residential and commercial buildings and can be used to power outlets, lighting, and electrical devices. - Data and communication cables: These cable products are used in the IT industry, telecommunications industry, and data centers. - Wire products: Encore Wire Corp also produces a wide range of specialized wire products used in a variety of industries. These include wire bundles, flat wire, wire ropes, and flexible wires. In conclusion, Encore Wire Corp is a reliable and reputable manufacturer of electrical wiring products used in various industries. The company has continuously invested in new technologies and factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers. Encore Wire ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Encore Wire's Return on Assets (ROA)
Encore Wire's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Encore Wire's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Encore Wire's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Encore Wire’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Encore Wire stock
What was the ROA of Encore Wire compared to the previous year?
The ROA of Encore Wire has increased by -46.78% compared to the previous year.
What consequences do high ROA have for investors of Encore Wire?
A high ROA is advantageous for investors of Encore Wire, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Encore Wire?
A low ROA can be unfavorable for investors of Encore Wire as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Encore Wire affect the company?
An increase in ROA of Encore Wire can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Encore Wire impact the company?
A reduction in the ROA of Encore Wire can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Encore Wire?
Some factors that can influence the ROA of Encore Wire include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Encore Wire important for investors?
The ROA of Encore Wire is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Encore Wire take to improve ROA?
To improve ROA, Encore Wire can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Encore Wire pay?
Over the past 12 months, Encore Wire paid a dividend of 0.08 USD . This corresponds to a dividend yield of about 0.03 %. For the coming 12 months, Encore Wire is expected to pay a dividend of 0.04 USD.
What is the dividend yield of Encore Wire?
The current dividend yield of Encore Wire is 0.03 %.
When does Encore Wire pay dividends?
Encore Wire pays a quarterly dividend. This is distributed in the months of November, February, May, August.
How secure is the dividend of Encore Wire?
Encore Wire paid dividends every year for the past 0 years.
What is the dividend of Encore Wire?
For the upcoming 12 months, dividends amounting to 0.04 USD are expected. This corresponds to a dividend yield of 0.01 %.
In which sector is Encore Wire located?
Encore Wire is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Encore Wire kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Encore Wire from 7/19/2024 amounting to 0.02 USD, you needed to have the stock in your portfolio before the ex-date on 7/5/2024.
When did Encore Wire pay the last dividend?
The last dividend was paid out on 7/19/2024.
What was the dividend of Encore Wire in the year 2024?
In the year 2024, Encore Wire distributed 0.08 USD as dividends.
In which currency does Encore Wire pay out the dividend?
The dividends of Encore Wire are distributed in USD.
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Andere Kennzahlen von Encore Wire
Our stock analysis for Encore Wire Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Encore Wire Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
