REX American Resources Corporation (REX)

Gross profit margin

Jan 31, 2025 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
Gross profit (ttm) US$ in thousands 91,477 104,315 103,924 102,503 103,081 87,570 59,616 57,848 54,731 78,609 92,425 86,915 94,480 62,546 55,039 42,634 13,827 13,577 -5,826 -491
Revenue (ttm) US$ in thousands 642,491 671,877 718,079 781,901 833,384 845,937 845,135 873,486 855,000 866,849 849,638 805,153 774,967 688,969 610,120 453,604 372,812 367,714 330,168 396,709
Gross profit margin 14.24% 15.53% 14.47% 13.11% 12.37% 10.35% 7.05% 6.62% 6.40% 9.07% 10.88% 10.79% 12.19% 9.08% 9.02% 9.40% 3.71% 3.69% -1.76% -0.12%

January 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $91,477K ÷ $642,491K
= 14.24%

The gross profit margin of REX American Resources Corporation has shown fluctuations over the period from April 2020 to January 2025. The margin started in negative territory in April 2020 and July 2020, indicating that the company's cost of goods sold exceeded its revenue from sales during those periods.

However, the trend improved from October 2020 onwards, with the gross profit margin turning positive. The margin showed a steady increase from January 2021 to July 2024, reaching a peak of 15.53% in October 2024.

Overall, the company's gross profit margin trended positively, indicating that REX American Resources Corporation was able to improve its pricing strategy, cost management, or revenue generation capabilities during the period under review. The margin's increase suggests that the company was able to enhance its profitability, which is a positive sign for stakeholders and investors.