Comparing the current results to its competitors, Quanex Building Products reported Revenue increase in the 3 quarter 2026 by 1.33 % year on year. The sales growth was above Quanex Building Products's competitors' average revenue growth of 0.95 %, achieved in the same quarter.
Quanex Building Products Corporation achieved net profit of $34.42 millions compared to a net loss of $-276.01 millions recorded in the same quarter a year ago.
Quanex Building Products's Comment on Competition and Industry Peers
The company operates in competitive markets for engineered building products, wood products, and insulating glass (IG) spacer manufacturing. In the U.S., its engineered building products account for a small portion of domestic consumption. Its U.K. subsidiaries compete in a fragmented market against larger vinyl producers and smaller window manufacturers. In the wood products segment, the company is the largest supplier to original equipment manufacturers (OEMs) in the U.S., facing competition from national and regional businesses, including vertically integrated OEMs, as well as small and mid-size suppliers of metal, vinyl, and wood products, wood molding companies, and in-house operations of vertically integrated customers. In the IG spacer market, competition centers on regional presence, custom engineering, product development, quality, service, and price, primarily serving the residential housing market. Primary competitors in North America include Assa Abloy, FlexScreen, Hoppe, Interlock, Radisson Industries, RiteScreen, Roto, and Screenco.
With modest revenue growth of 1.33 % within Overall company, Quanex Building Products Corporation managed to improve its market share within this segment to approximately 1.21 %. << More on NX Market Share.
*Market share is calculated based on total revenue.
News about Quanex Building Products Corporation Contracts
February 26, 2025
Quanex Building Products Set to Announce First Quarter 2025 Earnings Amidst Impressive Revenue Growth HOUSTON, TEXAS, Feb. 26, 2025 Quanex Building Products Corporation (NYSE: NX) has officially announced its plans to release its first quarter 2025 financial results on Monday, March 10, 2025, after the close of trading on the New York Stock Exchange. This anticipated earnings announcement comes at a time when the company is experiencing noteworthy growth, particularly in comparison to its industry competitors.In the third quarter of 2024, Quanex Building Products recorded a remarkable 66.56% year-on-year increase in revenue . This growth trajectory has significantly outpaced the average revenue growth o...
Publicly Traded Peers of Quanex Building Products Corporation
Tss Inc Share Performance
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Tss Inc
Profile
Tss Inc operates on a business model focused on providing technology solutions and services to businesses across various industries. They offer a range of services including consulting, software development, and IT infrastructure support to help organizations optimize their processes and enhance productivity.
Masco Corporations business model centers on offering a diverse range of home improvement and building products, including plumbing fittings, cabinetry, and decorative architectural elements. The company generates revenue through both wholesale distribution to retailers and direct sales to contractors and consumers, emphasizing innovation and quality in its product lines. By leveraging recognized brands and a strong distribution network, Masco aims to enhance customer experience and foster long-term relationships in the home improvement sector.
Louisiana Pacific Corporation's business model revolves around manufacturing and selling building materials, primarily oriented strand board (OSB) and other engineered wood products.
Newell Brands Inc operates under a diversified business model that encompasses a broad portfolio of consumer and commercial products. The company excels in the design, manufacturing, and distribution of household goods, office supplies, and storage solutions, utilizing its well-known brands to cater to various market segments. By focusing on innovation, efficiency, and strategic partnerships, Newell Brands aims to effectively address the evolving needs of consumers and businesses alike.
Stanley Black and Decker Inc. operates a business model centered on the design, manufacturing, and distribution of a diverse portfolio of tools, hardware, and home improvement products for both professional and consumer markets. By prioritizing innovation, exceptional quality, and strong brand loyalty, the company leverages strategic partnerships and acquisitions to enhance its product offerings and drive sustainable growth.
Sources:
Quanex Building Products Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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