REX American Resources (REX) financial statements
REX American Resources reported revenue of $650M in fiscal 2026, up 4.1% a year over 9 years.
Net income was $83M.
Free cash flow was $49M, and the company returned $33M in net buybacks.
The diluted share count fell 16% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from REX American Resources's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $454M | $453M | $487M | $418M | $373M | $775M | $855M | $833M | $642M | $650M |
| Cost of revenue | $383M | $408M | $456M | $397M | $353M | $684M | $806M | $735M | $551M | $557M |
| Gross profit | $71M | $44M | $30M | $20M | $20M | $91M | $49M | $98M | $91M | $125M |
| Selling, general and admin | $21M | $24M | $21M | $20M | $18M | $22M | $23M | $29M | $27M | $33M |
| Pre-tax income | $57M | $25M | $15M | $6M | $4M | $76M | $47M | $98M | $93M | — |
| Income tax | $17M | -$20M | -$23M | -$2M | -$546,000 | $19M | $10M | $23M | $21M | $22M |
| Net income | $32M | $40M | $32M | $7M | $3M | $52M | $28M | $61M | $58M | $83M |
| EPS (diluted) | $0.82 | $1.00 | $0.82 | $0.20 | $0.08 | $1.46 | $0.79 | $1.73 | $1.65 | $2.50 |
| Diluted shares | 40M | 40M | 39M | 38M | 37M | 36M | 35M | 35M | 35M | 33M |
| Gross margin | 15.7% | 9.8% | 6.2% | 4.9% | 5.2% | 11.7% | 5.7% | 11.8% | 14.2% | 19.3% |
| Net margin | 7.1% | 8.8% | 6.5% | 1.8% | 0.8% | 6.8% | 3.2% | 7.3% | 9.1% | 12.8% |
Balance sheet
Fiscal years, from REX American Resources's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $189M | $191M | $204M | $206M | $181M | $256M | $281M | $379M | $359M | $376M |
| Receivables | $12M | $13M | $11M | $13M | $20M | $26M | $25M | $23M | $22M | $15M |
| Inventory | $17M | $21M | $18M | $36M | $37M | $42M | $49M | $27M | $32M | $28M |
| Total current assets | $227M | $239M | $251M | $271M | $259M | $345M | $373M | $452M | $436M | $448M |
| Property, plant and equipment | $183M | $198M | $183M | $163M | $151M | $138M | $135M | $156M | $211M | $272M |
| Total assets | $454M | $479M | $471M | $501M | $479M | $550M | $580M | $665M | $720M | $798M |
| Total current liabilities | $23M | $22M | $17M | $32M | $31M | $50M | $55M | $66M | $50M | $75M |
| Total liabilities | $100,000 | $121,000 | $26M | $47M | $42M | $63M | $69M | $77M | $76M | $96M |
| Shareholders' equity | $340M | $381M | $393M | $401M | $385M | $431M | $448M | $514M | $560M | $611M |
| Net debt | -$189M | -$191M | -$189M | -$180M | -$145M | -$230M | -$70M | -$223M | -$196M | -$189M |
Cash flow
Fiscal years, from REX American Resources's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $69M | $41M | $48M | $10M | $9M | $92M | $55M | $128M | $64M | $118M |
| Capital spending | $14M | $24M | $11M | $4M | $10M | $5M | $16M | $38M | $71M | $68M |
| Free cash flow | $55M | $17M | $37M | $7M | -$2M | $87M | $39M | $90M | -$7M | $49M |
| Stock-based compensation | $1M | $2M | $669,000 | $397,000 | $264,000 | $2M | $2M | $6M | $4M | $4M |
| Share buybacks (net) | -$5M | — | -$22M | — | -$20M | -$7M | -$13M | $0 | -$15M | -$33M |
| Free cash flow margin | 12.1% | 3.7% | 7.6% | 1.6% | -0.5% | 11.2% | 4.6% | 10.8% | -1.1% | 7.6% |
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Open REX in InvestinglyQuestions
What was REX American Resources's revenue in 2026?
$650M in fiscal 2026, from its 10-K filing.
How much free cash flow does REX American Resources generate?
$49M in fiscal 2026 (operating cash flow minus capital spending).
From REX American Resources's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.