Houston Wire & Cable Company Income Statement 2020-2011 | HWCC

Brief overview of income trends at Houston Wire & Cable Company

This overview is based on financial performance over the past five years. Revenue at Houston Wire & Cable Company moved from $308 million in 2015 to $286 million in 2020. The cumulative result was −7.2%, corresponding to roughly −1.5% per year. Sales changed only slightly and remained broadly flat.

Gross profit was 65.9 million dollars at the start and 63 million dollars at the end of the period (−4.3%). Comparing the endpoints gives gross margins of 21.4% and 22%. The economics of the core business remained steady.

The operating result measured by EBITDA moved from $12.3 million to $1.1 million, or −90.7%. EBITDA underperformed the top-line trend. At the operating-margin level, the figure shifted from 4% to 0.4%. Cost pressure reduced operating profitability.

Net income moved from $2 million at the start to −$12.6 million at the end. Profit turned into a loss, the most concerning signal in the results.

Market capitalization changed from 93.7 million dollars to 54.9 million dollars (−41.4%). The market became more cautious about the prospects of the business.

What the figures show

The indicators point to a weaker financial profile. The strongest signals are steady gross profitability. The most visible risks are declining net profitability, weak sales momentum and a weaker market valuation. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.