Quanex Building Products (NX) Operating Leases (2020 - 2026)
Quanex Building Products (NX) posted quarterly Operating Leases of $165.0 million for Q2 2026, up 7.02% year-over-year from $154.1 million in Q2 2025, and down 2.2% quarter-over-quarter from $168.7 million in Q1 2026.
Quanex Building Products (NX) Operating Leases (2020 - 2026) Analysis & Trends
Quanex Building Products (NX) has reported Operating Leases for 7 consecutive years, with $165.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Leases rose 7.02% year-over-year to $165.0 million; the TTM figure through Apr 2026 stood at $165.0 million (up 7.02% YoY), while the FY2025 annual figure was $145.5 million, up 23.73% from the prior year.
- Operating Leases declined to $165.0 million in Q2 2026 per NX's latest filing, from $168.7 million in the prior quarter.
- Across five years, Operating Leases topped out at $168.7 million in Q1 2026 and bottomed at $38.8 million in Q3 2022.
- Historically, Operating Leases has averaged $86.2 million across 5 years, with a median of $54.2 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Leases decreased 18.16% — and 2025, when it jumped 221.31%.
- Quanex Building Products' Operating Leases stood at $49.3 million in 2022, then fell by 18.11% to $40.4 million in 2023, then surged by 191.27% to $117.6 million in 2024, then increased by 23.73% to $145.5 million in 2025, then increased by 13.41% to $165.0 million in 2026.
- Business Quant data shows NX's Operating Leases at $165.0 million in Q2 2026, $168.7 million in Q1 2026, and $145.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn |
| 10 | Quanex Building Products | 926.94 Mn | 863.27 Mn | 117.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 164.96 Mn |
| Jan 31, 2026 | 168.67 Mn |
| Oct 31, 2025 | 145.46 Mn |
| Jul 31, 2025 | 153.49 Mn |
| Apr 30, 2025 | 154.14 Mn |
| Jan 31, 2025 | 128.79 Mn |
| Oct 31, 2024 | 117.56 Mn |
| Jul 31, 2024 | 59.10 Mn |
| Apr 30, 2024 | 66.40 Mn |
| Jan 31, 2024 | 40.08 Mn |
| Oct 31, 2023 | 40.36 Mn |
| Jul 31, 2023 | 46.68 Mn |
| Apr 30, 2023 | 46.62 Mn |
| Jan 31, 2023 | 46.94 Mn |
| Oct 31, 2022 | 49.29 Mn |
| Jul 31, 2022 | 38.77 Mn |
| Apr 30, 2022 | 41.37 Mn |
| Jan 31, 2022 | 43.42 Mn |
| Oct 31, 2021 | 45.37 Mn |
| Jul 31, 2021 | 47.37 Mn |