Quanex Building Products (NX) Gross Margin (2010 - 2026)
Quanex Building Products (NX) reported Gross Margin of 24.08% for Q1 2026, up 101.0% year-over-year from 11.98% in Q1 2025, and down 14.24% on a QoQ basis from 28.08% in Q4 2025.
Quanex Building Products (NX) has 17 years of Gross Margin data on file, last reported at 24.08% in Q1 2026.
- Quarterly Gross Margin rose 101.0% year-over-year to 24.08% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 27.37% (up 329.0% YoY) and the FY2025 annual result came in at 27.17%, up 325.0% from the prior year.
- Gross Margin slipped to 24.08% in Q1 2026 per NX's latest filing, from 28.08% 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.
- The 5-year median for Gross Margin is 24.08% (2026), against an average of 24.29%.
- The widest annual swing landed in 2023, when Gross Margin surged 514 bps; it then sank 330 bps in 2024.
- Tracing NX's Gross Margin over 5 years: stood at 21.94% in 2022, then grew by 23 bps to 27.08% in 2023, then decreased by 12 bps to 23.78% in 2024, then advanced by 18 bps to 28.08% in 2025, then declined by 14 bps to 24.08% in 2026.
- Per Business Quant, the three latest NX Gross Margin figures stand at 24.08% (Q1 2026), 28.08% (Q4 2025), and 27.86% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 34.77% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 35.78% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 90.17% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 30.95% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 35.77% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 34.52% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 25.88% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 40.68% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 35.12% |
| 10 | Quanex Building Products | 805.03 Mn | 742.71 Mn | 98.53 Mn | 24.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 30, 2021 | 22.89% |
| Jan 31, 2021 | 23.35% |
| Oct 31, 2020 | 25.94% |
| Jul 31, 2020 | 23.42% |
| Apr 30, 2020 | 20.13% |
| Jan 31, 2020 | 19.92% |
| Oct 31, 2019 | 23.81% |
| Jul 31, 2019 | 23.95% |
| Apr 30, 2019 | 21.46% |
| Jan 31, 2019 | 19.44% |
| Oct 31, 2018 | 23.12% |
| Jul 31, 2018 | 22.52% |
| Apr 30, 2018 | 21.09% |
| Jan 31, 2018 | 19.38% |
| Oct 31, 2017 | 23.45% |
| Jul 31, 2017 | 22.94% |
| Apr 30, 2017 | 22.47% |
| Jan 31, 2017 | 20.58% |
| Oct 31, 2016 | 24.48% |
| Jul 31, 2016 | 24.77% |
| Apr 30, 2016 | 23.08% |
| Jan 31, 2016 | 20.91% |
| Oct 31, 2015 | 25.49% |
| Jul 31, 2015 | 24.06% |
| Apr 30, 2015 | 21.95% |
| Jan 31, 2015 | 17.27% |
| Oct 31, 2014 | 21.23% |
| Jul 31, 2014 | 23.11% |
| Apr 30, 2014 | 19.64% |
| Jan 31, 2014 | 23.89% |
| Oct 31, 2013 | 25.27% |
| Jul 31, 2013 | 25.99% |
| Apr 30, 2013 | 23.50% |
| Jan 31, 2013 | 21.51% |
| Oct 31, 2012 | 17.76% |
| Jul 31, 2012 | 15.65% |
| Apr 30, 2012 | 11.63% |
| Jan 31, 2012 | 14.57% |
| Oct 31, 2011 | 19.62% |
| Jul 31, 2011 | 16.93% |
| Apr 30, 2011 | 13.59% |
| Jan 31, 2011 | 12.61% |
| Oct 31, 2010 | 18.00% |
| Jul 31, 2010 | 17.94% |
| Apr 30, 2010 | 15.93% |
| Jan 31, 2010 | 16.70% |