Quanex Building Products (NX)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 33,059 | 74,358 | 80,706 | 86,841 | 82,501 | 79,786 | 73,996 | 79,006 | 88,336 | 84,567 | 72,338 | 60,367 | 56,980 | 58,234 | 55,388 | 46,338 | 38,496 | -14,604 | -13,596 | -43,071 |
| Total assets | US$ in thousands | 2,319,790 | 872,450 | 837,213 | 813,420 | 831,143 | 847,809 | 822,112 | 827,026 | 724,617 | 743,607 | 740,490 | 718,272 | 717,323 | 719,192 | 715,572 | 694,271 | 691,585 | 686,791 | 712,885 | 667,200 |
| ROA | 1.43% | 8.52% | 9.64% | 10.68% | 9.93% | 9.41% | 9.00% | 9.55% | 12.19% | 11.37% | 9.77% | 8.40% | 7.94% | 8.10% | 7.74% | 6.67% | 5.57% | -2.13% | -1.91% | -6.46% |
October 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $33,059K ÷ $2,319,790K
= 1.43%
The return on assets (ROA) for Quanex Building Products has shown fluctuations over the past several quarters. The ROA has generally been positive, indicating that the company is generating profits relative to its total assets. The highest ROA was recorded at 12.19% on Oct 31, 2022, while the lowest was at -6.46% on Jan 31, 2020.
The trend in ROA indicates that the company's profitability in relation to its assets has been somewhat volatile, with fluctuations in performance. It is essential for investors and stakeholders to monitor the ROA trends to assess the company's efficiency in utilizing its assets to generate profits. Further analysis and comparison with industry peers may provide additional insights into the company's overall financial health and competitiveness.
Peer comparison
Oct 31, 2024