Quanex Building Products (NX)
Gross profit margin
| 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 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 199,421 | 198,490 | 195,396 |
| Revenue (ttm) | US$ in thousands | 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 | 893,841 | 897,558 | 898,918 |
| Gross profit margin | 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% | 22.31% | 22.11% | 21.74% |
January 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $133,607K ÷ $1,109,013K
= 12.05%
The gross profit margin of Quanex Building Products has shown some fluctuations over the past 20 quarters. The trend indicates that the company's gross profit margin has generally been in the range of 21% to 23%, with some occasional deviations.
For the most recent quarter ending January 31, 2024, the gross profit margin was 12.05%, representing a decrease compared to the previous quarter (Oct 31, 2023) which stood at 11.76%.
It is important to note that a declining trend in gross profit margin may indicate potential challenges in managing production costs or pricing strategies. Conversely, an increasing trend in gross profit margin can signal improving efficiency in operations or pricing power.
Further analysis and comparison with industry peers may provide additional insights into the competitive positioning of Quanex Building Products within the industry.
Peer comparison
Jan 31, 2024