Quanex Building Products Corporation (NX) Balance Sheet
NX balance sheet, FY2025
October 31, 2025 · U.S. dollars$1.97B assets = $1.24B liabilities + $726.2M equity
Both columns are drawn to the same scale: what NX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NX financial health
Descriptive bands, not a rating. Fiscal FY2025.
NX balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $780.4MFY2016 | $1.97BFY2025 | +10.8%/yr | |
| Total liabilities | $412.5MFY2016 | $1.24BFY2025 | +13.0%/yr | |
| Shareholders’ equity | $367.8MFY2016 | $726.2MFY2025 | +7.9%/yr | |
| Cash & short-term investments | $25.5MFY2016 | $76.0MFY2025 | +12.9%/yr | |
| Total debt | $269.5MFY2016 | $853.7MFY2025 | +13.7%/yr | |
| Net cash (debt) | −$244.0MFY2016 | −$777.7MFY2025 | −$533.7M | |
| Working capital | $89.8MFY2016 | $292.2MFY2025 | +$202.4M | |
| Book value per share | $10.86FY2016 | $15.73FY2025 | +4.2%/yr | |
| Current ratio | 1.79FY2016 | 2.04FY2025 | +0.25 | |
| Debt / equity | 0.73FY2016 | 1.18FY2025 | +0.44 | |
| Shares outstanding | 33.9MFY2016 | 46.2MFY2025 | +3.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NX assets
NX liabilities and equity
NX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NX balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $76.0M | $97.7M | $58.5M | $55.1M | $40.1M | $51.6M | $30.9M | $29.0M | $17.5M | $25.5M |
| Cash & equivalents | $76.0M | $97.7M | $58.5M | $55.1M | $40.1M | $51.6M | $30.9M | $29.0M | $17.5M | $25.5M |
| Short-term investments | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Receivables | $205.4M | $203.6M | $105.6M | $96.0M | $108.3M | $88.3M | $82.9M | $84.0M | $79.4M | $83.6M |
| Inventory | $254.1M | $275.6M | $98.0M | $120.9M | $92.5M | $61.2M | $67.2M | $69.4M | $87.5M | $84.3M |
| Other current assets | $38.3M | $34.3M | $11.6M | $8.7M | $8.1M | $6.2M | $9.4M | $7.3M | $7.4M | $10.5M |
| Total current assets | $573.8M | $611.3M | $273.6M | $280.7M | $249.0M | $207.3M | $190.3M | $189.7M | $191.8M | $204.0M |
| Property, plant & equipment (net) | $566.5M | $529.2M | $297.3M | $236.4M | $231.3M | $235.9M | $193.6M | $201.4M | $211.1M | $198.5M |
| Goodwill & intangible assets | $820.5M | $1.17B | $257.1M | $202.9M | $231.6M | $239.2M | $252.9M | $341.5M | $362.0M | $371.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $7.5M | $6.7M | $3.2M | $4.7M | $5.3M | $9.1M | $8.3M | $9.3M | $9.0M | $6.7M |
| Total assets | $1.97B | $2.32B | $831.1M | $724.6M | $717.3M | $691.6M | $645.1M | $741.8M | $773.9M | $780.4M |
| Liabilities | ||||||||||
| Accounts payable | $131.3M | $124.4M | $74.4M | $77.9M | $86.8M | $77.3M | $63.6M | $52.4M | $44.1M | $47.8M |
| Short-term debt | $43.0M | $38.2M | $9.6M | $8.8M | $9.0M | $8.2M | $746,000 | $1.2M | $21.2M | $10.5M |
| Deferred revenue | $2.4M | $3.1M | $1.0M | $792,000 | $627,000 | $763,000 | $1.3M | $287,000 | $625,000 | $238,000 |
| Total current liabilities | $281.5M | $272.9M | $134.7M | $139.8M | $158.0M | $130.2M | $109.8M | $102.4M | $106.5M | $114.1M |
| Long-term debt | $665.3M | $737.2M | $66.4M | $29.6M | $52.1M | $116.7M | $156.4M | $209.3M | $218.2M | $259.0M |
| Lease obligations | $160.9M | $130.0M | $47.6M | $57.0M | $53.6M | $52.3M | — | — | — | — |
| Other long-term liabilities | $295.2M | $299.0M | $84.5M | $90.3M | $87.4M | $88.9M | $48.8M | $36.0M | $42.4M | $39.4M |
| Total liabilities | $1.24B | $1.31B | $285.6M | $259.8M | $297.5M | $335.8M | $314.9M | $347.7M | $367.0M | $412.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $512,000 | $513,000 | $372,000 | $372,000 | $373,000 | $373,000 | $374,000 | $374,000 | $375,000 | $376,000 |
| Retained earnings (deficit) | $164.7M | $430.4M | $409.3M | $337.5M | $259.7M | $213.5M | $185.7M | $242.8M | $225.7M | $214.0M |
| Treasury stock | — | — | — | −$75.5M | −$72.7M | −$78.6M | −$76.7M | −$73.0M | −$49.9M | −$62.4M |
| Accumulated other comprehensive income | −$35.4M | −$46.4M | −$38.1M | −$49.4M | −$21.8M | −$33.0M | −$33.8M | −$30.7M | −$25.1M | −$38.8M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $726.2M | $1.01B | $545.6M | $464.8M | $419.8M | $355.8M | $330.2M | $394.2M | $406.8M | $367.8M |
| Key figures | ||||||||||
| Total debt | $853.7M | $893.0M | $116.4M | $87.7M | $106.5M | $169.8M | $157.2M | $210.6M | $239.4M | $269.5M |
| Net cash (debt) | −$777.7M | −$795.2M | −$57.9M | −$32.6M | −$66.4M | −$118.1M | −$126.3M | −$181.6M | −$222.0M | −$244.0M |
| Working capital | $292.2M | $338.4M | $138.9M | $140.8M | $91.0M | $77.1M | $80.6M | $87.3M | $85.3M | $89.8M |
| Tangible book value | −$94.3M | −$161.9M | $288.5M | $261.9M | $188.2M | $116.5M | $77.3M | $52.6M | $44.9M | −$3.4M |
| Book value per share | $15.73 | $27.58 | $16.52 | $14.00 | $12.53 | $10.84 | $10.02 | $11.25 | $11.68 | $10.86 |
| Shares outstanding | 46.2M | 36.6M | 33.0M | 33.2M | 33.5M | 32.8M | 33.0M | 35.0M | 34.8M | 33.9M |
| Current ratio | 2.04 | 2.24 | 2.03 | 2.01 | 1.58 | 1.59 | 1.73 | 1.85 | 1.80 | 1.79 |
| Quick ratio | 1.00 | 1.10 | 1.22 | 1.08 | 0.94 | 1.07 | 1.04 | 1.10 | 0.91 | 0.96 |
| Debt / equity | 1.18 | 0.88 | 0.21 | 0.19 | 0.25 | 0.48 | 0.48 | 0.53 | 0.59 | 0.73 |
| Equity / assets | 36.9% | 43.6% | 65.6% | 64.1% | 58.5% | 51.4% | 51.2% | 53.1% | 52.6% | 47.1% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $62.1M | $63.7M | $62.3M | $76.0M | $66.3M | $62.6M | $50.0M | $97.7M | $94.0M | $56.1M | $44.4M | $58.5M |
| Cash & equivalents | $62.1M | $63.7M | $62.3M | $76.0M | $66.3M | $62.6M | $50.0M | $97.7M | $94.0M | $56.1M | $44.4M | $58.5M |
| Receivables | $220.4M | $217.2M | $189.2M | $205.4M | $201.8M | $201.4M | $169.6M | $197.7M | $89.0M | $93.1M | $87.7M | $105.6M |
| Inventory | $276.4M | $278.0M | $270.6M | $254.1M | $272.2M | $279.5M | $280.6M | $275.6M | $99.1M | $101.4M | $107.5M | $98.0M |
| Other current assets | $43.4M | $45.5M | $46.5M | $38.3M | $43.0M | $45.0M | $47.4M | $40.3M | $19.3M | $12.8M | $13.4M | $11.6M |
| Total current assets | $602.3M | $604.4M | $568.7M | $573.8M | $583.3M | $588.5M | $547.6M | $611.3M | $301.4M | $263.5M | $253.0M | $273.6M |
| Property, plant & equipment (net) | $565.6M | $576.0M | $580.9M | $566.5M | $553.3M | $566.4M | $516.1M | $529.2M | $315.5M | $317.9M | $300.1M | $297.3M |
| Goodwill & intangible assets | $796.0M | $808.1M | $819.8M | $820.5M | $830.2M | $1.15B | $1.15B | $1.17B | $252.8M | $253.1M | $257.4M | $257.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $4.9M | $4.6M | $8.8M | $7.5M | $5.8M | $7.1M | $7.0M | $6.7M | $2.7M | $2.7M | $2.9M | $3.2M |
| Total assets | $1.97B | $1.99B | $1.98B | $1.97B | $1.97B | $2.31B | $2.22B | $2.32B | $872.5M | $837.2M | $813.4M | $831.1M |
| Liabilities | ||||||||||||
| Accounts payable | $127.0M | $127.7M | $116.1M | $131.3M | $126.5M | $112.5M | $108.4M | $124.4M | $63.9M | $60.6M | $55.1M | $74.4M |
| Short-term debt | $45.4M | $45.5M | $45.3M | $43.0M | $41.6M | $40.3M | $39.1M | $38.2M | $9.1M | $9.1M | $9.9M | $9.6M |
| Deferred revenue | — | — | — | $2.4M | — | — | — | $3.1M | — | — | — | $1.0M |
| Total current liabilities | $269.9M | $265.1M | $245.8M | $281.5M | $264.7M | $244.4M | $228.8M | $272.9M | $127.9M | $118.5M | $111.5M | $134.7M |
| Long-term debt | $636.8M | $678.9M | $678.6M | $665.3M | $695.6M | $746.4M | $725.2M | $737.2M | $0 | $51.5M | $61.6M | $66.4M |
| Lease obligations | $179.1M | $183.9M | $185.4M | $160.9M | $153.5M | $154.1M | $128.8M | $130.0M | $119.6M | $66.4M | $47.5M | $47.6M |
| Other long-term liabilities | $316.5M | $321.8M | $323.3M | $295.2M | $295.0M | $315.9M | $294.4M | $299.0M | $150.4M | $101.0M | $85.3M | $84.5M |
| Total liabilities | $1.22B | $1.27B | $1.25B | $1.24B | $1.26B | $1.31B | $1.25B | $1.31B | $278.3M | $271.1M | $258.4M | $285.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $512,000 | $512,000 | $512,000 | $512,000 | $512,000 | $512,000 | $512,000 | $513,000 | $371,000 | $371,000 | $371,000 | $372,000 |
| Retained earnings (deficit) | $179.5M | $156.6M | $157.0M | $164.7M | $148.8M | $428.5M | $411.7M | $430.4M | $448.4M | $425.6M | $412.9M | $409.3M |
| Accumulated other comprehensive income | −$32.1M | −$27.9M | −$24.3M | −$35.4M | −$30.5M | −$27.0M | −$62.4M | −$46.4M | −$30.1M | −$34.6M | −$32.1M | −$38.1M |
| Total shareholders' equity | $745.4M | $727.4M | $730.4M | $726.2M | $717.4M | $1.00B | $972.1M | $1.01B | $594.1M | $566.1M | $555.0M | $545.6M |
| Key figures | ||||||||||||
| Total debt | $842.5M | $889.3M | $892.6M | $853.7M | $875.4M | $926.6M | $879.9M | $893.0M | $119.6M | $120.6M | $111.5M | $116.4M |
| Net cash (debt) | −$780.4M | −$825.7M | −$830.3M | −$777.7M | −$809.1M | −$864.0M | −$829.9M | −$795.2M | −$25.7M | −$64.4M | −$67.1M | −$57.9M |
| Working capital | $332.4M | $339.3M | $322.8M | $292.2M | $318.6M | $344.1M | $318.8M | $338.4M | $173.5M | $145.0M | $141.5M | $138.9M |
| Tangible book value | −$50.5M | −$80.8M | −$89.4M | −$94.3M | −$112.8M | −$144.6M | −$177.7M | −$161.9M | $341.3M | $313.0M | $297.6M | $288.5M |
| Book value per share | $16.33 | $15.93 | $16.07 | $15.93 | $15.46 | $21.51 | $20.68 | $21.50 | $17.95 | $17.10 | $16.80 | $16.54 |
| Shares outstanding | 45.6M | 45.7M | 45.5M | 45.6M | 46.4M | 46.6M | 47.0M | 47.0M | 33.1M | 33.1M | 33.0M | 33.0M |
| Current ratio | 2.23 | 2.28 | 2.31 | 2.04 | 2.20 | 2.41 | 2.39 | 2.24 | 2.36 | 2.22 | 2.27 | 2.03 |
| Quick ratio | 1.05 | 1.06 | 1.02 | 1.00 | 1.01 | 1.08 | 0.96 | 1.08 | 1.43 | 1.26 | 1.19 | 1.22 |
| Debt / equity | 1.13 | 1.22 | 1.22 | 1.18 | 1.22 | 0.93 | 0.91 | 0.88 | 0.20 | 0.21 | 0.20 | 0.21 |
| Equity / assets | 37.9% | 36.5% | 36.9% | 36.9% | 36.4% | 43.4% | 43.8% | 43.6% | 68.1% | 67.6% | 68.2% | 65.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 12, 2025); data from EODHD.
NX financial position
At the end of fiscal 2025 (October 31, 2025), Quanex Building Products had total assets of $2.0 billion (down 15.2% from a year earlier), total liabilities of $1.2 billion and shareholders' equity of $726.2 million. It held $76.0 million in cash and short-term investments against $853.7 million of debt, net debt of $777.7 million. Its current ratio was 2.04. In the latest quarter (ended July 31, 2026) total assets were $2.0 billion and equity $745.4 million.
Related: NX income statement, NX cash flow statement, NX key metrics. See the NX stock overview for the latest quote and news.
NX balance sheet FAQ
What are Quanex Building Products's total assets?
Quanex Building Products reported total assets of $2.0 billion at the end of fiscal 2025 (October 31, 2025), compared with $2.3 billion a year earlier.
How much debt does Quanex Building Products have?
Quanex Building Products had $853.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.18.
How much cash does Quanex Building Products have?
Quanex Building Products held $76.0 million in cash and short-term investments at the end of fiscal 2025; with $853.7 million of debt that is net debt of $777.7 million.
What is Quanex Building Products's book value?
Quanex Building Products's shareholders' equity (book value) was $726.2 million at the end of fiscal 2025, or $15.73 per share.
What is Quanex Building Products's current ratio?
Quanex Building Products had current assets of $573.8 million and current liabilities of $281.5 million, a current ratio of 2.04 (it can cover its short-term obligations).
How much goodwill does Quanex Building Products have?
Quanex Building Products carried $820.5 million of goodwill and intangible assets, 41.7% of total assets, at the end of fiscal 2025.