REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company provides corn, distillers grains, ethanol, distillers corn oil, gasoline, and natural gas. It also offers dry distillers grains with soluble, which is used as a protein in animal feed. REX American Resources Corporation was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in June 2010. The company was founded in 1980 and is headquartered in Dayton, Ohio.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $650M | $84M | $83M | $49M | 13.6% | 1.2% | 42.6% |
| 2025 | $642M | $86M | $58M | $-7M | 10.4% | -22.9% | -4.5% |
| 2024 | $833M | $92M | $61M | $90M | 11.9% | -2.5% | 120.0% |
| 2023 | $855M | $49M | $28M | $39M | 6.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 855 | 833.38 | 642.49 | 650.49 |
| Operating Revenue | - | 855 | 833.38 | 642.49 | 650.49 |
| Cost Of Revenue | - | 806.40 | 735.17 | 551.01 | 556.78 |
| Gross Profit | - | 48.60 | 98.22 | 91.48 | 93.71 |
| Operating Expense | - | 22.83 | 29.38 | 27.15 | 32.62 |
| Selling General And Administration | - | 22.83 | 29.38 | 27.15 | 32.62 |
| Total Expenses | - | 829.22 | 764.54 | 578.16 | 589.40 |
| Operating Income | - | 25.78 | 68.84 | 64.33 | 61.09 |
| EBITDA | - | 49.08 | 91.88 | 86.04 | 84.25 |
| Normalized EBITDA | - | 49.08 | 91.88 | 86.04 | 84.25 |
| EBIT | - | 25.78 | 68.84 | 64.33 | 61.09 |
| Interest Income | - | 12.96 | 15.72 | 19.16 | 15 |
| Net Interest Income | - | 12.96 | 15.72 | 19.16 | 15 |
| Other Income Expense | - | 8.74 | 13.92 | 9.38 | 12.48 |
| Interest Income Non Operating | - | 12.96 | 15.72 | 19.16 | 15 |
| Net Non Operating Interest Income Expense | - | 12.96 | 15.72 | 19.16 | 15 |
| Pretax Income | - | 47.48 | 98.48 | 92.87 | 88.57 |
| Tax Provision | - | 9.54 | 22.56 | 21.39 | -6.50 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 37.94 | 75.92 | 71.49 | 95.07 |
| Net Income From Continuing And Discontinued Operation | - | 27.70 | 60.94 | 58.17 | 82.95 |
| Net Income From Continuing Operation Net Minority Interest | - | 27.70 | 60.94 | 58.17 | 82.95 |
| Net Income | - | 27.70 | 60.94 | 58.17 | 82.95 |
| Net Income Common Stockholders | - | 27.70 | 60.94 | 58.17 | 82.95 |
| Net Income Including Noncontrolling Interests | - | 37.94 | 75.92 | 71.49 | 95.07 |
| Normalized Income | - | 27.70 | 60.94 | 58.17 | 82.95 |
| Diluted NI Availto Com Stockholders | - | 27.70 | 60.94 | 58.17 | 82.95 |
| Basic Average Shares | - | 35.28 | 34.96 | 35.27 | 33.21 |
| Diluted Average Shares | - | 35.28 | 35.15 | 35.27 | 33.21 |
| Reconciled Depreciation | - | 23.30 | 23.04 | 21.72 | 23.16 |
| Reconciled Cost Of Revenue | - | 806.40 | 735.17 | 551.01 | 556.78 |
| Minority Interests | - | -10.24 | -14.99 | -13.32 | -12.12 |
| Net Income Discontinuous Operations | 4.39 | 0 | 0 | - | - |
| Earnings From Equity Interest | - | 8.74 | 13.92 | 9.38 | 12.48 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| REX American Resources Corporationthis co. | REX | $1.5B | 18.27 | 2.48 | 13.6% | 16.00 |
| Critical Metals Corp. | CRML | $1.6B | - | - | 1259.7% | - |
| Sylvamo Corporation | SLVM | $1.5B | 11.65 | 1.59 | 13.7% | 5.33 |
| FMC Corporation | FMC | $1.5B | -0.68 | 0.74 | -108.1% | -3.49 |
| Ecovyst Inc. | ECVT | $1.4B |
| 2022 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| -19.90 |
| 2.35 |
| -11.8% |
| 11.90 |
| Compass Minerals International, Inc. | CMP | $1.3B | -16.49 | 5.62 | -34.1% | 17.83 |
| United States Antimony Corporation | UAMY | $1.3B | -295.38 | 9.09 | -3.1% | -162.31 |
| Tronox Holdings plc | TROX | $1.2B | -2.65 | 0.88 | -33.1% | 211.38 |
| Oil-Dri Corporation of America | ODC | $1.2B | 32.68 | 5.78 | 17.7% | 17.88 |
| Peer Median | - | -2.65 | 2.35 | -7.4% | 11.90 | |