Quanex Building Products (NX)

Gross profit margin

Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020
Gross profit (ttm) US$ in thousands 87,677 128,335 133,976 133,607 132,993 258,635 254,719 263,042 268,498 265,989 253,409 242,064 240,608 241,899 231,557 207,403 192,823 183,823 191,258 200,340
Revenue (ttm) US$ in thousands 1,275,900 1,085,708 1,102,973 1,109,013 1,130,825 1,136,294 1,162,759 1,214,361 1,221,502 1,205,738 1,161,578 1,109,042 1,072,149 1,035,786 968,005 885,123 851,573 836,537 862,902 893,630
Gross profit margin 6.87% 11.82% 12.15% 12.05% 11.76% 22.76% 21.91% 21.66% 21.98% 22.06% 21.82% 21.83% 22.44% 23.35% 23.92% 23.43% 22.64% 21.97% 22.16% 22.42%

October 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $87,677K ÷ $1,275,900K
= 6.87%

The gross profit margin of Quanex Building Products has shown fluctuations over the past years. It decreased to 6.87% in October 2024 from 11.82% in July 2024, indicating a significant decline in profitability during that period. However, the margin has been generally stable at levels above 10% in recent years, with occasional peaks such as in July 2023 when it reached 22.76%. This suggests that the company has been able to maintain healthy profitability levels overall, despite some periodic variations. Further analysis of the factors influencing these changes over time would be necessary to fully understand the dynamics of Quanex Building Products' gross profit margin.


Peer comparison

Oct 31, 2024