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.


Peer comparison

Jan 31, 2024