REX American Resources Corporation (REX)

Net 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
Net income (ttm)	US$ in thousands	56,242	46,861	20,117	22,232	22,178	42,676	53,056	49,762	52,364	34,481	28,044	18,420	3,001	3,860	-7,033	-3,029	7,427	4,082	18,009	24,970
Revenue (ttm)	US$ in thousands	833,384	845,937	845,135	873,486	855,000	866,849	849,638	804,988	774,802	688,804	609,955	453,604	372,812	367,714	330,168	396,709	418,034	410,458	447,537	470,426
Net profit margin		6.75%	5.54%	2.38%	2.55%	2.59%	4.92%	6.24%	6.18%	6.76%	5.01%	4.60%	4.06%	0.80%	1.05%	-2.13%	-0.76%	1.78%	0.99%	4.02%	5.31%

January 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $56,242K ÷ $833,384K
= 6.75%

The net profit margin of REX American Resources Corporation has displayed some fluctuations in recent periods. The margin increased to 6.75% in Jan 31, 2024, from 5.54% in the previous period, indicating improved profitability. Prior to that, there was a significant decrease in the margin to 2.38% in Jul 31, 2023, from 6.24% in Apr 30, 2022. This decline was followed by a slight recovery to 2.55% in Apr 30, 2023.

Overall, the company's net profit margin has shown some variability but has generally remained positive, with the lowest point being -2.13% in Jul 31, 2020, and the highest point at 6.76% in Jan 31, 2022. The trend suggests a degree of volatility in the company's profitability over the analyzed periods.