Quanex Historical Income Statement

NX Stock  USD 28.81  2.06  6.67%   
Historical analysis of Quanex Building income statement accounts such as Gross Profit of 211.6 M, Other Operating Expenses of 1 B or Operating Income of 104.6 M can show how well Quanex Building Products performed in making a profits. Evaluating Quanex Building income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quanex Building's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Quanex Building Products latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Quanex Building Products is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Quanex Building Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

About Quanex Income Statement Analysis

Quanex Building Products Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Quanex Building shareholders. The income statement also shows Quanex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Quanex Building Income Statement Chart

At this time, Quanex Building's Depreciation And Amortization is fairly stable compared to the past year. Operating Income is likely to rise to about 104.6 M in 2024, whereas Interest Expense is likely to drop slightly above 7 M in 2024.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Quanex Building Products minus its cost of goods sold. It is profit before Quanex Building operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Quanex Building income statement and is an important metric when analyzing Quanex Building Products profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Quanex Building's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quanex Building Products current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Quanex Building Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Quanex Building's Depreciation And Amortization is fairly stable compared to the past year. Operating Income is likely to rise to about 104.6 M in 2024, whereas Interest Expense is likely to drop slightly above 7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M8.1M7.3M7.0M
Depreciation And Amortization40.1M42.9M49.3M56.5M

Quanex Building income statement Correlations

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0.390.150.260.110.090.140.240.070.27-0.17-0.29-0.16-0.250.23-0.10.2-0.81-0.4-0.39-0.43-0.11-0.050.1
0.280.150.80.850.570.680.750.980.660.5-0.110.440.360.790.48-0.070.19-0.450.28-0.040.650.64-0.63
0.360.260.80.830.790.830.880.670.770.66-0.210.620.480.830.72-0.040.21-0.730.32-0.20.780.73-0.8
0.460.110.850.830.620.570.630.840.740.56-0.10.520.290.890.63-0.150.3-0.420.25-0.190.640.6-0.77
0.020.090.570.790.620.940.90.480.250.88-0.130.820.840.440.91-0.080.33-0.670.45-0.080.80.76-0.9
-0.050.140.680.830.570.940.970.560.30.82-0.130.740.810.490.8-0.040.24-0.690.44-0.010.810.76-0.79
0.140.240.750.880.630.90.970.630.430.75-0.180.680.730.540.740.00.19-0.750.41-0.060.810.81-0.76
0.260.070.980.670.840.480.560.630.570.43-0.050.370.290.740.41-0.110.21-0.290.250.00.560.54-0.56
0.650.270.660.770.740.250.30.430.570.17-0.220.19-0.10.860.270.020.08-0.480.06-0.280.430.43-0.43
-0.1-0.170.50.660.560.880.820.750.430.170.330.980.780.370.98-0.50.47-0.470.510.140.670.64-0.82
-0.25-0.29-0.11-0.21-0.1-0.13-0.13-0.18-0.05-0.220.330.42-0.07-0.120.23-0.940.090.310.040.36-0.3-0.240.15
-0.09-0.160.440.620.520.820.740.680.370.190.980.420.670.370.96-0.610.44-0.390.450.120.580.56-0.77
-0.28-0.250.360.480.290.840.810.730.29-0.10.78-0.070.670.080.72-0.010.46-0.470.60.230.730.68-0.72
0.370.230.790.830.890.440.490.540.740.860.37-0.120.370.080.45-0.10.11-0.380.06-0.310.510.41-0.58
0.03-0.10.480.720.630.910.80.740.410.270.980.230.960.720.45-0.440.46-0.520.460.010.690.66-0.87
0.110.2-0.07-0.04-0.15-0.08-0.040.0-0.110.02-0.5-0.94-0.61-0.01-0.1-0.44-0.16-0.21-0.14-0.290.090.060.1
-0.04-0.810.190.210.30.330.240.190.210.080.470.090.440.460.110.46-0.16-0.020.480.150.490.54-0.51
-0.34-0.4-0.45-0.73-0.42-0.67-0.69-0.75-0.29-0.48-0.470.31-0.39-0.47-0.38-0.52-0.21-0.02-0.270.16-0.61-0.730.57
-0.09-0.390.280.320.250.450.440.410.250.060.510.040.450.60.060.46-0.140.48-0.270.760.760.59-0.57
-0.35-0.43-0.04-0.2-0.19-0.08-0.01-0.060.0-0.280.140.360.120.23-0.310.01-0.290.150.160.760.230.06-0.03
0.11-0.110.650.780.640.80.810.810.560.430.67-0.30.580.730.510.690.090.49-0.610.760.230.87-0.89
0.3-0.050.640.730.60.760.760.810.540.430.64-0.240.560.680.410.660.060.54-0.730.590.060.87-0.8
-0.140.1-0.63-0.8-0.77-0.9-0.79-0.76-0.56-0.43-0.820.15-0.77-0.72-0.58-0.870.1-0.510.57-0.57-0.03-0.89-0.8
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Quanex Building Account Relationship Matchups

Quanex Building income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization47.2M42.7M40.1M42.9M49.3M56.5M
Interest Expense5.2M2.5M2.6M8.1M7.3M7.0M
Total Revenue851.6M1.1B1.2B1.1B1.0B805.7M
Gross Profit192.8M240.6M268.5M277.5M319.2M211.6M
Other Operating Expenses795.7M990.2M1.1B1.0B1.2B1.0B
Operating Income55.3M81.9M111.3M110.7M99.6M104.6M
Ebit55.5M82.6M112.3M105.2M94.7M48.2M
Ebitda102.8M125.4M152.4M148.0M133.2M89.3M
Cost Of Revenue658.8M831.5M953.0M853.1M767.8M651.8M
Total Operating Expenses136.9M158.7M157.2M172.6M198.5M145.0M
Income Before Tax50.3M80.1M109.8M97.0M87.3M91.7M
Total Other Income Expense Net(5.0M)(1.8M)(1.5M)(13.7M)(12.3M)(12.9M)
Net Income38.5M57.0M88.3M82.5M74.3M78.0M
Income Tax Expense11.8M23.1M21.4M14.5M13.1M14.2M
Selling General Administrative89.7M116.0M117.1M124.0M142.6M103.3M
Net Income Applicable To Common Shares38.5M57.0M88.3M82.5M94.9M99.6M
Net Income From Continuing Ops38.5M57.0M88.3M82.5M94.9M99.6M
Non Recurring1.5M75.0M622K39K44.9K42.6K
Non Operating Income Net Other116K280K754K1.0M1.2M1.3M
Tax Provision43.2M23.1M21.4M14.5M16.7M15.0M
Interest Income5.3M2.5M2.6M248K285.2K270.9K
Extraordinary Items23.8M31.4M27M27.5M31.6M18.3M
Net Interest Income(5.2M)(2.5M)(2.6M)(8.1M)(9.4M)(9.8M)
Reconciled Depreciation47.2M42.7M40.1M42.9M38.6M37.9M

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Additional Tools for Quanex Stock Analysis

When running Quanex Building's price analysis, check to measure Quanex Building's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quanex Building is operating at the current time. Most of Quanex Building's value examination focuses on studying past and present price action to predict the probability of Quanex Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanex Building's price. Additionally, you may evaluate how the addition of Quanex Building to your portfolios can decrease your overall portfolio volatility.