REX (REX American Resources) Operating Income: $101.6 Mil (TTM As of Jul. 2026)

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REX REX American Resources Corp REX
65 GF Score
Price $42.55
GF Value $23.68
Valuation Significantly Overvalued
! 4 Warning Signs
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What is REX American Resources Operating Income?

REX American Resources REX -0.16% 65 Operating Income is $101.6 Mil as of Jul. 2026. GuruFocus rates REX with a GF Score™ of 65/100 and a GF Value™ of $23.68 (Significantly Overvalued). The stock has 4 warning signs investors should review.

REX American Resources's Operating Income for the three months ended in Jul. 2026 was $37.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jul. 2026 was $101.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. REX American Resources's Operating Income for the three months ended in Jul. 2026 was $37.7 Mil. REX American Resources's Revenue for the three months ended in Jul. 2026 was $168.5 Mil. Therefore, REX American Resources's Operating Margin % for the quarter that ended in Jul. 2026 was 22.36%.

Good Sign:

REX American Resources Corp operating margin is expanding. Margin expansion is usually a good sign.

REX American Resources's 5-Year average Growth Rate for Operating Margin % was 57.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. REX American Resources's annualized ROC % for the quarter that ended in Jul. 2026 was 31.40%. REX American Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2026 was 45.73%.


REX American Resources  (NYSE:REX) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

REX American Resources's annualized ROC % for the quarter that ended in Jul. 2026 is calculated as:

ROC % (Q: Jul. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2026 ) + Invested Capital (Q: Jul. 2026 ))/ count )
=150.712 * ( 1 - 15.53% )/( (388.619 + 422.286)/ 2 )
=127.3064264/405.4525
=31.40 %

where

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=807.674 - 54.747 - ( 364.308 - max(0, 65.315 - 441.533+364.308))
=388.619

Invested Capital(Q: Jul. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=856.476 - 54.676 - ( 379.514 - max(0, 66.538 - 458.077+379.514))
=422.286

Note: The Operating Income data used here is four times the quarterly (Jul. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

REX American Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2026  Q: Jul. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=150.712/( ( (314.966 + max(8.628, 0)) + (324.666 + max(10.906, 0)) )/ 2 )
=150.712/( ( 323.594 + 335.572 )/ 2 )
=150.712/329.583
=45.73 %

where Working Capital is:

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.597 + 26.546 + 18.351) - (54.747 + 0 + 3.119)
=8.628

Working Capital(Q: Jul. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.479 + 28.98 + 17.502) - (54.676 + 0 + 4.379)
=10.906

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

REX American Resources's Operating Margin % for the quarter that ended in Jul. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jul. 2026 )/Revenue (Q: Jul. 2026 )
=37.678/168.493
=22.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


REX American Resources Operating Income Related Terms


REX American Resources Operating Income Historical Data

* Premium members only.

The historical data trend for REX American Resources's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

REX American Resources Operating Income Chart

REX American Resources Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.08 25.78 68.84 64.33 61.09

REX American Resources Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.12 27.92 16.66 19.34 37.68
REX
65GF Score
REX American Resources Corp REX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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REX American Resources Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $101.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $101.6 Mil mean?
REX American Resources (REX) has a Operating Income of $101.6 Mil as of Jul. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on REX American Resources and its competitors.
Is REX American Resources' Operating Income too high?
REX American Resources' current Operating Income is $101.6 Mil. Overall, REX American Resources has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does REX American Resources' Operating Income compare to HUN and GPRE?
REX American Resources' Operating Income of $101.6 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Chemicals company?
A good Operating Income depends on the Chemicals industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on REX American Resources and its competitors. REX American Resources's current Operating Income is $101.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REX American Resources stock overvalued right now?
Based on GuruFocus' analysis, REX American Resources (REX) is currently considered Significantly Overvalued. The stock's GF Value™ is $23.68, compared to a current price of $42.55 — trading 79.7% above its estimated fair value. The current Operating Income is $101.6 Mil. REX American Resources' overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For REX American Resources (REX), the current Operating Income is $101.6 Mil as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is REX American Resources (REX) Overvalued in 2026?

Based on GuruFocus' analysis, REX American Resources stock appears to be overvalued. The current stock price of $42.55 is trading 79.7% above its estimated GF Value™ of $23.68. GuruFocus considers REX American Resources to be Significantly Overvalued.

Key valuation signals for REX:

  • Operating Income: $101.6 Mil
  • GF Value™: $23.68 vs. price of $42.55 (79.7% above fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the REX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


REX American Resources Business Description

Other Exchanges RX3:Germany
Address 7720 Paragon Road, Dayton, OH, USA, 45459
REX American Resources Corp operates as a holding company that engages in investments in alternative energy and ethanol production entities. Its operating segments include Ethanol and By-Products. Its products include Ethanol, dried distillers grains, modified distillers grains, Distillers corn oil, Modified distillers grains, and Other.
65GF Score

Get the complete analysis for REX

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$42.55
Price
$23.68
GF Value