REX American Resources Corporation (REX) Stock

REX American Resources Corporation (REX) is a Materials stock trading at $44.69 (as of 2026-08-21), with a market capitalization of $1.47B and a trailing P/E of 21.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, non-food grade corn oil, gasoline, and natural gas. In addition, the company provides dry distillers grains with solubles, which is used as a protein in animal feed. The company was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in 2010. REX American Resources Corporation was founded in 1980 and is headquartered in Dayton, Ohio.

Understand REX American Resources Corporation: how it makes money

REX American Resources makes and sells ethanol and related corn-based products in the United States, including dried distillers grains (as animal feed protein), non-food grade corn oil, gasoline, and natural gas, and it also sells additional oil products for foreign markets.

Earnings quality depends primarily on how much ethanol the company sells and the realized ethanol price, because ethanol is the largest sales line, with co-products like dried distillers grains and corn oil adding incremental results.

Business quality (Weak): Clear operating focus (ethanol plus specific co-products), but no segment revenue breakdown is provided here, so investors must interpret performance through operating volumes and pricing metrics.

Valuation: At 17× earnings, REX trades 55% below the Chemicals average (38×). Note: one-time items can distort reported P/E.

Bull case

  • Scale in ethanol production and sales: Ethanol Sales Volume is reported at 71,100,000.
  • Pricing improvement indicators: The company reports Ethanol Pricing Improvement of 20%, along with pricing improvement for Dried Distilled Grain and Corn Oil.
  • Diversified product mix around corn processing: Alongside ethanol, REX also sells dried distillers grains and corn oil, which can contribute to results when pricing improves.

Bear case

  • Market pricing and product mix can shift the economics: The operating metrics emphasize realized pricing by product, so declines in pricing (or weaker mix across products) could reduce results, even if volumes remain solid.
  • Smaller and more selective lines may add variability: Some products show much smaller volumes (for example, Foreign Oil Sales Volume is 23.1), which can make overall outcomes more sensitive to changes in those lines.
  • Carbon capture metrics do not guarantee near-term financial impact: The company reports Carbon Capture Test Weld Depth and Carbon Sequestration Class 6 Permit Storage Capacity, but these are development-stage indicators and may not translate to revenue.
Valuation — source: SEC EDGAR (first-party)
Price$44.69
Market Cap$1.47B
P/E Ratio21.3
EV / EBITDA10.7
Price / Book2.03
Price / Sales2.27
FCF Yield-1.5%
DCF Value (model)$18.24
DCF Upside vs Price-59.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$650.49M
Net Margin14.6%
Revenue Growth (YoY)1.2%
EPS Growth (YoY)-24.2%
FCF Growth (YoY)-793.1%
Valuation vs Sector & Industry
Stock P/E21.3
Sector P/E (Materials)25.9
Industry P/E (Chemicals)31.1
vs Sector-17.8%
vs Industry-31.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($250.34M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryChemicals
CEOZafar A. Rizvi
Employees122
CountryUS
IPO Date1984-07-17

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REX earnings history · REX institutional & insider holders · REX KPIs & operating metrics · REX financials · REX investor presentations & press releases · REX SEC filings · REX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.