Quanex Building Products (NX) Gross Margin (2010 - 2026)
Quanex Building Products' Gross Margin came in at 28.19% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 0.33 percentage points from 27.86% a year earlier and up 2.71 percentage points from the prior quarter.
Quanex Building Products (NX) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Quanex Building Products reported Gross Margin of 26.59%, up 0.57 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 27.17%, up 3.25 percentage points from FY2024.
- Gross Margin carries a five-year change of +4.52 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Gross Margin was 23.92% in FY2024 (-0.63 pp), 24.55% in FY2023 (+2.57 pp), 21.98% in FY2022 (-0.46 pp) and 22.44% in FY2021 (-0.20 pp).
- The fiscal Q3 2026 figure represents the highest quarterly Gross Margin since fiscal Q2 2025.
- Year-over-year, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +0.88 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q4 2023 (a gain of 5.14 percentage points), and the weakest in fiscal Q4 2021 (a drop of 3.67 percentage points).
- Business Quant data shows NX's Gross Margin at 25.48% (Q2 2026), 24.08% (Q1 2026) and 28.08% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn | 30.59% |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn | 29.52% |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn | 37.21% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 43.57% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 44.94% |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn | 36.20% |
| 10 | Quanex Building Products | 889.89 Mn | 625.79 Mn | 141.47 Mn | 28.19% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 28.19% |
| 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% |
Quanex Building Products Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();