Quanex Building Products (NX) Gross Margin (2010 - 2026)
Quanex Building Products (NX) posted quarterly Gross Margin of 25.48% for Q2 2026, down 356.0% year-over-year from 9.95% in Q2 2025, and up 5.78% quarter-over-quarter from 24.08% in Q1 2026.
Quanex Building Products (NX) Gross Margin (2010 - 2026) Analysis & Trends
Quanex Building Products (NX) has reported Gross Margin for 17 consecutive years, with 25.48% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 356.0% year-over-year to 25.48%; the TTM figure through Apr 2026 stood at 26.49% (up 116.0% YoY), while the FY2025 annual figure was 27.17%, up 325.0% from the prior year.
- Gross Margin rose to 25.48% in Q2 2026 per NX's latest filing, from 24.08% in the prior quarter.
- Across five years, Gross Margin topped out at 29.04% in Q2 2025 and bottomed at 19.76% in Q1 2023.
- Historically, Gross Margin has averaged 24.36% across 5 years, with a median of 24.32% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 514 bps — and 2026, when it slumped 356 bps.
- Quanex Building Products' Gross Margin stood at 21.94% in 2022, then gained by 23 bps to 27.08% in 2023, then declined by 12 bps to 23.78% in 2024, then increased by 18 bps to 28.08% in 2025, then decreased by 9 bps to 25.48% in 2026.
- Business Quant data shows NX's Gross Margin at 25.48% in Q2 2026, 24.08% in Q1 2026, and 28.08% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 37.41% |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 30.59% |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 43.57% |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 36.20% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 34.91% |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 28.77% |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 40.76% |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 40.18% |
| 10 | Quanex Building Products | 901.02 Mn | 837.35 Mn | 117.79 Mn | 25.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 25.48% |
| Jan 31, 2026 | 24.08% |
| Oct 31, 2025 | 28.08% |
| Jul 31, 2025 | 27.86% |
| Apr 30, 2025 | 29.04% |
| Jan 31, 2025 | 23.08% |
| Oct 31, 2024 | 23.78% |
| Jul 31, 2024 | 25.29% |
| Apr 30, 2024 | 24.88% |
| Jan 31, 2024 | 21.51% |
| Oct 31, 2023 | 27.08% |
| Jul 31, 2023 | 26.22% |
| Apr 30, 2023 | 24.55% |
| Jan 31, 2023 | 19.76% |
| Oct 31, 2022 | 21.94% |
| Jul 31, 2022 | 22.40% |
| Apr 30, 2022 | 22.68% |
| Jan 31, 2022 | 20.67% |
| Oct 31, 2021 | 22.26% |
| Jul 31, 2021 | 21.44% |