REX American Resources Corporation (REX)

Operating profit margin

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Operating income	US$ in thousands	63,594	20,197	63,524	-24,706	-6,773
Revenue	US$ in thousands	833,384	855,000	774,802	372,664	417,700
Operating profit margin		7.63%	2.36%	8.20%	-6.63%	-1.62%

January 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $63,594K ÷ $833,384K
= 7.63%

The operating profit margin of REX American Resources Corporation has shown variability over the past five years. In Jan 2024, the operating profit margin improved to 7.63%, a significant increase compared to 2.36% in Jan 2023. This demonstrates an improvement in the company's ability to generate profits from its core operations in the most recent year.

It is important to note that in Jan 2022, the operating profit margin was relatively high at 8.20%, indicating a successful operational performance for that year. However, there was a significant decline in profitability in Jan 2021, where the operating profit margin was negative at -6.63%, indicating that the company's operating expenses exceeded its operating revenues in that period.

Furthermore, in Jan 2020, the operating profit margin was also negative at -1.62%, highlighting a continued struggle with profitability in the previous year.

Overall, the company has experienced fluctuations in its operating profit margin over the past five years, with improvements in recent years but challenges in earlier periods. This indicates the importance of monitoring and analyzing the company's operational efficiency and management of costs to ensure sustainable profitability in the long term.