Quanex Return On Equity from 2010 to 2024

NX Stock  USD 28.81  2.06  6.67%   
Quanex Building Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Quanex Building Products in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.17
Current Value
0.18
Quarterly Volatility
0.0934832
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quanex Building financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quanex Building's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.5 M, Interest Expense of 7 M or Total Revenue of 805.7 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0132 or PTB Ratio of 0.81. Quanex financial statements analysis is a perfect complement when working with Quanex Building Valuation or Volatility modules.
  
Check out the analysis of Quanex Building Correlation against competitors.

Latest Quanex Building's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Quanex Building Products over the last few years. Return on Equity is the amount of Quanex Building Products net income returned as a percentage of Quanex Building equity. Return on equity measures Quanex Building profitability by revealing how much profit Quanex Building Products generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Quanex Building's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quanex Building's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Quanex Return On Equity Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.07
Coefficient Of Variation136.76
Mean Deviation0.07
Median0.07
Standard Deviation0.09
Sample Variance0.01
Range0.3316
R-Value0.62
Mean Square Error0.01
R-Squared0.39
Significance0.01
Slope0.01
Total Sum of Squares0.12

Quanex Return On Equity History

2024 0.18
2023 0.17
2022 0.15
2021 0.19
2020 0.14
2019 0.11
2018 -0.14

About Quanex Building Financial Statements

Quanex Building investors use historical fundamental indicators, such as Quanex Building's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Quanex Building. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.17  0.18 

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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.