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.
Peer comparison
Jan 31, 2025