Quanex Building Products (NX)
Pretax margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 42,082 | 97,046 | 109,763 | 80,094 | 50,300 |
| Revenue | US$ in thousands | 1,277,860 | 1,130,580 | 1,221,500 | 1,072,150 | 851,573 |
| Pretax margin | 3.29% | 8.58% | 8.99% | 7.47% | 5.91% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $42,082K ÷ $1,277,860K
= 3.29%
Quanex Building Products' pretax margin has exhibited fluctuations over the past five years, ranging from 3.29% to 8.99%. The trend indicates a decrease in pretax margin from 2018 to 2020, followed by a significant increase in 2022, and a subsequent decline in 2023 and 2024. This variability suggests potential shifts in the company's profitability and efficiency in managing its operating expenses and generating income before taxes. Further analysis and comparison with industry benchmarks would be useful to evaluate the company's performance in context.
Peer comparison
Oct 31, 2024
Company name
Symbol
Pretax margin
Quanex Building Products
NX
3.29%
Howmet Aerospace Inc
HWM
15.18%
Kaiser Aluminum Corporation
KALU
1.84%
Mueller Industries Inc
MLI
24.04%