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 |
| 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 |
| Operating Income | - | 25.78 | 68.84 | 64.33 | 61.09 |
| EBITDA | - | 49.08 | 91.88 | 86.04 | 84.25 |
| EBIT | - | 25.78 | 68.84 | 64.33 | 61.09 |
| Pretax Income | - | 47.48 | 98.48 | 92.87 | 88.57 |
| Tax Provision | - | 9.54 | 22.56 | 21.39 | -6.50 |
| Net Income | - | 27.70 | 60.94 | 58.17 | 82.95 |
| Net Income Common Stockholders | - | 27.70 | 60.94 | 58.17 | 82.95 |
| Total Expenses | - | 829.22 | 764.54 | 578.16 | 589.40 |
| Interest Income | - | 12.96 | 15.72 | 19.16 | 15 |
| Selling General And Administration | - | 22.83 | 29.38 | 27.15 | 32.62 |
| Normalized EBITDA | - | 49.08 | 91.88 | 86.04 | 84.25 |
| Normalized Income | - | 27.70 | 60.94 | 58.17 | 82.95 |
| Market Cap | 1,539.51 | 1,539.51 | 1,539.51 | 1,539.51 | 1,539.51 |
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 | - | 18.56β premium | 2.52 | 13.6% | 16.29 |
| Clearwater Paper Corporation | CLW | $208M | - | 0.25 | -2.3% | 5.43 |
| Montauk Renewables, Inc. | MNTK | $206M | 144.00 | 0.79 | 0.7% | 8.84 |
| FutureFuel Corp. | FF | $198M | - | 1.28 | -31.9% | -3.38 |
| Smith-Midland Corporation | SMID |
| 2022 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| $176M |
| 14.05 |
| 3.24 |
| 23.0% |
| 8.48 |
| Friedman Industries, Incorporated | FRD | $142M | 8.96 | 1.00 | 4.6% | 10.15 |
| Ascent Industries Co. | ACNT | $134M | - | 1.57 | 1.0% | -33.80 |
| American Vanguard Corporation | AVD | $81M | - | 0.43 | -25.9% | 11.42 |
| Trinseo PLC | TSEOF | $4M | - | -0.00 | 49.7% | 13.80 |
| Peer Median | - | 14.05 | 0.89 | 0.8% | 8.66 | |