Trex Company Inc Financials
This page shows Trex Company Inc (TREX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Trex Company Inc has an operating margin of 26.6%, meaning the company retains $27 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 25.2% the prior year.
Trex Company Inc's revenue grew 5.2% year-over-year to $1.2B, a solid pace of expansion. This earns a growth score of 43/100.
Trex Company Inc carries a low D/E ratio of 0.56, meaning only $0.56 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.
Trex Company Inc's current ratio of 0.93 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 17/100, which could limit financial flexibility.
While Trex Company Inc generated $143.9M in operating cash flow, capex of $232.3M consumed most of it, leaving -$88.4M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Trex Company Inc earns a strong 26.6% return on equity (ROE), meaning it generates $27 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is down from 28.7% the prior year.
Trex Company Inc scores 9.07, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.6B) relative to total liabilities ($474.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Trex Company Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Trex Company Inc generates $0.64 in operating cash flow ($143.9M OCF vs $226.4M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Trex Company Inc generated $1.2B in revenue in fiscal year 2024. This represents an increase of 5.2% from the prior year.
Trex Company Inc's EBITDA was $360.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.4% from the prior year.
Trex Company Inc generated -$88.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 139.6% from the prior year.
Trex Company Inc reported $226.4M in net income in fiscal year 2024. This represents an increase of 10.2% from the prior year.
Trex Company Inc earned $2.09 per diluted share (EPS) in fiscal year 2024. This represents an increase of 10.6% from the prior year.
Trex Company Inc held $1.3M in cash against $0 in long-term debt as of fiscal year 2024.
Trex Company Inc had 107M shares outstanding in fiscal year 2024. This represents a decrease of 1.3% from the prior year.
Trex Company Inc's gross margin was 42.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.9 percentage points from the prior year.
Trex Company Inc's operating margin was 26.6% in fiscal year 2024, reflecting core business profitability. This is up 1.3 percentage points from the prior year.
Trex Company Inc's net profit margin was 19.7% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.9 percentage points from the prior year.
Trex Company Inc's ROE was 26.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 2.0 percentage points from the prior year.
Trex Company Inc invested $3.5M in research and development in fiscal year 2024. This represents an increase of 6.1% from the prior year.
Trex Company Inc spent $105.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 474.2% from the prior year.
Trex Company Inc invested $232.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 39.9% from the prior year.
TREX Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $285.3M-26.4% | $387.8M+14.1% | $340.0M+102.8% | $167.6M-55.5% | $376.5M+0.8% | $373.6M+90.9% | $195.7M-35.6% | $303.8M |
| Cost of Revenue | $169.9M-26.0% | $229.7M+13.6% | $202.3M+79.2% | $112.9M-45.8% | $208.4M+2.1% | $204.0M+63.1% | $125.1M-27.7% | $172.9M |
| Gross Profit | $115.4M-27.0% | $158.1M+14.8% | $137.7M+151.6% | $54.7M-67.4% | $168.1M-0.9% | $169.6M+140.1% | $70.6M-46.0% | $130.9M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $45.0M-19.2% | $55.7M-0.6% | $56.1M+42.7% | $39.3M-23.3% | $51.2M+1.2% | $50.6M+19.0% | $42.5M-4.5% | $44.5M |
| Operating Income | $70.4M-31.3% | $102.4M+25.4% | $81.7M+428.5% | $15.5M-86.8% | $116.9M-1.8% | $119.0M+323.1% | $28.1M-67.4% | $86.4M |
| Interest Expense | N/A | $77K+201.3% | -$76K-1620.0% | $5K | N/A | $5K-99.8% | $2.6M+258.9% | $734K |
| Income Tax | $18.6M-29.9% | $26.6M+25.6% | $21.2M+272.2% | $5.7M-81.0% | $29.9M-0.1% | $29.9M+243.2% | $8.7M-60.0% | $21.8M |
| Net Income | $51.8M-31.8% | $75.9M+25.6% | $60.4M+518.5% | $9.8M-88.8% | $87.0M-2.3% | $89.1M+305.8% | $22.0M-66.4% | $65.3M |
| EPS (Diluted) | $0.48-32.4% | $0.71+26.8% | $0.56+460.0% | $0.10-87.5% | $0.80-2.4% | $0.82+310.0% | $0.20-66.7% | $0.60 |
TREX Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.5B-5.6% | $1.5B-6.3% | $1.6B+23.9% | $1.3B+4.3% | $1.3B-1.8% | $1.3B+38.6% | $932.9M-6.4% | $996.8M |
| Current Assets | $337.8M-25.5% | $453.5M-23.4% | $592.2M+85.7% | $318.9M-26.5% | $433.8M-15.5% | $513.4M+198.0% | $172.3M-36.9% | $273.1M |
| Cash & Equivalents | $11.4M+105.6% | $5.5M+11.3% | $5.0M+284.1% | $1.3M+10.2% | $1.2M-61.6% | $3.1M+55.8% | $2.0M-57.8% | $4.6M |
| Inventory | $149.6M+5.4% | $141.8M-19.6% | $176.4M-14.9% | $207.3M+39.2% | $148.9M+20.2% | $123.9M+15.7% | $107.1M+77.3% | $60.4M |
| Accounts Receivable | $164.0M-43.7% | $291.2M-25.5% | $391.1M+342.6% | $88.4M-67.3% | $270.0M-27.7% | $373.5M+807.9% | $41.1M-79.5% | $200.9M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $410.0M-25.3% | $548.6M-25.0% | $731.1M+54.2% | $474.2M+26.4% | $375.0M-23.3% | $488.8M+126.1% | $216.2M-29.1% | $305.2M |
| Current Liabilities | $282.2M-32.7% | $419.4M-30.3% | $601.6M+75.7% | $342.5M+40.1% | $244.4M-33.8% | $369.2M+305.4% | $91.1M-50.0% | $182.3M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $1.0B+5.4% | $989.3M+8.7% | $910.1M+7.1% | $850.1M-5.0% | $894.9M+11.3% | $804.1M+12.2% | $716.7M+3.6% | $691.7M |
| Retained Earnings | $1.8B+3.0% | $1.7B+4.7% | $1.6B+3.9% | $1.6B+3.3% | $1.5B+6.1% | $1.4B+6.7% | $1.3B+1.7% | $1.3B |
TREX Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $196.9M-21.2% | $249.8M+262.2% | -$154.0M-1717.7% | -$8.5M-104.4% | $193.7M+211.3% | -$174.0M-272.0% | $101.2M-43.9% | $180.4M |
| Capital Expenditures | $53.9M+15.3% | $46.8M-41.1% | $79.5M-1.7% | $80.9M+127.9% | $35.5M-5.9% | $37.7M-29.1% | $53.2M+74.0% | $30.6M |
| Free Cash Flow | $142.9M-29.6% | $203.0M+186.9% | -$233.5M-161.4% | -$89.3M-156.5% | $158.2M+174.7% | -$211.8M-540.9% | $48.0M-68.0% | $149.9M |
| Investing Cash Flow | -$57.1M-12.0% | -$51.0M+36.2% | -$80.0M+6.1% | -$85.2M-140.0% | -$35.5M+5.7% | -$37.6M+29.3% | -$53.2M-74.0% | -$30.6M |
| Financing Cash Flow | -$133.9M+32.4% | -$198.2M-183.4% | $237.6M+189.5% | $82.1M+151.3% | -$160.1M-175.2% | $212.8M+519.5% | -$50.7M+66.1% | -$149.5M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $25K | $0-100.0% | $4.0M-92.0% | $50.3M+11731.8% | $425K-91.7% | $5.1M+57066.7% | $9K-96.4% | $249K |
TREX Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 40.5%-0.3pp | 40.8%+0.3pp | 40.5%+7.9pp | 32.7%-12.0pp | 44.6%-0.8pp | 45.4%+9.3pp | 36.1%-7.0pp | 43.1% |
| Operating Margin | 24.7%-1.7pp | 26.4%+2.4pp | 24.0%+14.8pp | 9.2%-21.8pp | 31.1%-0.8pp | 31.9%+17.5pp | 14.4%-14.1pp | 28.4% |
| Net Margin | 18.1%-1.4pp | 19.6%+1.8pp | 17.8%+12.0pp | 5.8%-17.3pp | 23.1%-0.7pp | 23.8%+12.6pp | 11.2%-10.3pp | 21.5% |
| Return on Equity | 5.0%-2.7pp | 7.7%+1.0pp | 6.6%+5.5pp | 1.1%-8.6pp | 9.7%-1.4pp | 11.1%+8.0pp | 3.1%-6.4pp | 9.4% |
| Return on Assets | 3.6%-1.4pp | 4.9%+1.3pp | 3.7%+2.9pp | 0.7%-6.1pp | 6.9%-0.0pp | 6.9%+4.5pp | 2.4%-4.2pp | 6.6% |
| Current Ratio | 1.20+0.1 | 1.08+0.1 | 0.98+0.1 | 0.93-0.8 | 1.77+0.4 | 1.39-0.5 | 1.89+0.4 | 1.50 |
| Debt-to-Equity | 0.39-0.2 | 0.55-0.2 | 0.80+0.2 | 0.56+0.1 | 0.42-0.2 | 0.61+0.3 | 0.30-0.1 | 0.44 |
| FCF Margin | 50.1%-2.2pp | 52.3%+121.0pp | -68.7%-15.4pp | -53.3%-95.3pp | 42.0%+98.7pp | -56.7%-81.2pp | 24.5%-24.8pp | 49.3% |
Note: The current ratio is below 1.0 (0.93), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
What is Trex Company Inc's annual revenue?
Trex Company Inc (TREX) reported $1.2B in total revenue for fiscal year 2024. This represents a 5.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Trex Company Inc's revenue growing?
Trex Company Inc (TREX) revenue grew by 5.2% year-over-year, from $1.1B to $1.2B in fiscal year 2024.
Is Trex Company Inc profitable?
Yes, Trex Company Inc (TREX) reported a net income of $226.4M in fiscal year 2024, with a net profit margin of 19.7%.
What is Trex Company Inc's earnings per share (EPS)?
Trex Company Inc (TREX) reported diluted earnings per share of $2.09 for fiscal year 2024. This represents a 10.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Trex Company Inc's EBITDA?
Trex Company Inc (TREX) had EBITDA of $360.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Trex Company Inc's gross margin?
Trex Company Inc (TREX) had a gross margin of 42.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Trex Company Inc's operating margin?
Trex Company Inc (TREX) had an operating margin of 26.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Trex Company Inc's net profit margin?
Trex Company Inc (TREX) had a net profit margin of 19.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Trex Company Inc's return on equity (ROE)?
Trex Company Inc (TREX) has a return on equity of 26.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Trex Company Inc's free cash flow?
Trex Company Inc (TREX) generated -$88.4M in free cash flow during fiscal year 2024. This represents a -139.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Trex Company Inc's operating cash flow?
Trex Company Inc (TREX) generated $143.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Trex Company Inc's total assets?
Trex Company Inc (TREX) had $1.3B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Trex Company Inc's capital expenditures?
Trex Company Inc (TREX) invested $232.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Trex Company Inc spend on research and development?
Trex Company Inc (TREX) invested $3.5M in research and development during fiscal year 2024.
Does Trex Company Inc buy back shares?
Yes, Trex Company Inc (TREX) spent $105.9M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Trex Company Inc have outstanding?
Trex Company Inc (TREX) had 107M shares outstanding as of fiscal year 2024.
What is Trex Company Inc's current ratio?
Trex Company Inc (TREX) had a current ratio of 0.93 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Trex Company Inc's debt-to-equity ratio?
Trex Company Inc (TREX) had a debt-to-equity ratio of 0.56 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Trex Company Inc's return on assets (ROA)?
Trex Company Inc (TREX) had a return on assets of 17.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Trex Company Inc's Altman Z-Score?
Trex Company Inc (TREX) has an Altman Z-Score of 9.07, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Trex Company Inc's Piotroski F-Score?
Trex Company Inc (TREX) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Trex Company Inc's earnings high quality?
Trex Company Inc (TREX) has an earnings quality ratio of 0.64x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Trex Company Inc?
Trex Company Inc (TREX) scores 59 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.