Quanex Building Products (NX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | -26,427 | 8,993 | 6,713 |
| 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 |
| Operating profit margin | 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% | -2.96% | 1.00% | 0.75% |
January 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $114,215K ÷ $1,109,013K
= 10.30%
Quanex Building Products has demonstrated fluctuations in its operating profit margin over the past few quarters. The company's operating profit margin has shown a general upward trend from the third quarter of 2020 until the second quarter of 2023, peaking at 10.30% in January 2024. This improvement indicates increased efficiency in converting revenue into operating profit during this period.
However, in the most recent quarters, there has been a slight decrease in the operating profit margin, with a dip to 9.79% in October 2023. Despite the fluctuations, the company has generally maintained a relatively stable operating profit margin above 7% since the third quarter of 2020. It is important for investors and stakeholders to monitor these figures closely to assess the company's profitability and operational efficiency.
Peer comparison
Jan 31, 2024