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 | ||
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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