Quanex Building Products (NX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 54,826 | 91,495 | 105,516 | 114,215 | 110,701 | 99,772 | 96,344 | 101,558 | 111,281 | 109,804 | 97,331 | 84,161 | 81,870 | 82,606 | 77,607 | 65,120 | 55,265 | 3,712 | 6,259 | -21,997 |
| 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 |
| Operating profit margin | 4.30% | 8.43% | 9.57% | 10.30% | 9.79% | 8.78% | 8.29% | 8.36% | 9.11% | 9.11% | 8.38% | 7.59% | 7.64% | 7.98% | 8.02% | 7.36% | 6.49% | 0.44% | 0.73% | -2.46% |
October 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $54,826K ÷ $1,275,900K
= 4.30%
Quanex Building Products' operating profit margin has shown fluctuations over the past few years. The operating profit margin was relatively stable, ranging between 7% to 10% from January 2020 to July 2023. There was a noticeable decline in the operating profit margin in October 2023, dropping to 6.49%. However, there was a recovery in the subsequent quarters, with operating profit margins improving to above 8% by April 2024.
The operating profit margin reached its peak at 10.30% in January 2024 but saw a slight decrease in the following quarter. Despite some variability, the operating profit margin remained above 8% for the most part, indicating a decent level of profitability during these periods.
It is important for Quanex Building Products to closely monitor its operating profit margin trends and take appropriate measures to ensure sustained profitability and operational efficiency in the future.
Peer comparison
Oct 31, 2024