Encore Wire
WIRE
$279.36
Share price
-1.30%
Change (1 day)
72.43%
Change (1 year)
Categories
Operating Margin for Encore Wire (WIRE)
Operating Margin as of May 2024 (TTM): 30.64%
According to Encore Wire's latest financial reports and stock price the company's current Operating Margin is 30.64%. At the end of 2022 the company had an Operating Margin of 30.65%.
Operating Margin history for Encore Wire from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 30.65% | 13.62% |
| 2021 | 26.98% | 248.66% |
| 2020 | 7.74% | 30.26% |
| 2019 | 5.94% | -24.73% |
| 2018 | 7.89% | 15.01% |
| 2017 | 6.86% | 27.02% |
| 2016 | 5.40% | -24.07% |
| 2015 | 7.11% | 47.81% |
| 2014 | 4.81% | -21.15% |
| 2013 | 6.10% | 122.77% |
| 2012 | 2.74% | -57.56% |
| 2011 | 6.45% | 162.06% |
| 2010 | 2.46% | 233.34% |
| 2009 | 0.74% | -86.66% |
| 2008 | 5.54% | 40.23% |
| 2007 | 3.95% | -72.07% |
| 2006 | 14.15% | 43.04% |
| 2005 | 9.89% | 15.17% |
| 2004 | 8.59% | 47.1% |
| 2003 | 5.84% | 78.68% |
| 2002 | 3.27% | -35.64% |
| 2001 | 5.08% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Amphenol APH | 19.41% | -36.65% | 🇺🇸 USA |
 Preformed Line Products PLPC | 13.45% | -56.10% | 🇺🇸 USA |
 Belden BDC | 14.59% | -52.38% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.