What is Trex Company, Inc.'s earnings per share (EPS)?

Trex Company, Inc. (TREX) reported diluted earnings per share of $1.78 for fiscal year 2025. This represents a -19.1% 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.

Trex Company, Inc. (TREX) Financials

TREX

Trailing 12 months to June 30, 2026

Revenue $1.2B +7.0% YoY

Net Income $177.4M -10.8% YoY

EPS (Diluted) $1.69 -8.2% YoY

Free Cash Flow $208.1M +418.2% YoY

Market Cap $4.5B as of Oct 7, 2026

Price / Sales 3.7x on $1.2B revenue, trailing 12 months to June 30, 2026

Price / Earnings 25.2x on $177.4M net income, trailing 12 months to June 30, 2026

Price / Book 4.4x on $1.0B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 4, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TREX SEC filings page.

Trex Company, Inc. (TREX) reported $1.2B in revenue over the twelve months to Jun 30, 2026, up 7.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI TREX FY2025 2026-10-03

Trex converts substantial operating cash into reinvestment, but FY2025 shows margin compression after an unusually capital-heavy FY2024.

In FY2024, operating cash flow of $143.9M fell short of $232.3M in capital expenditures, so reinvestment required other funding sources. FY2025 then restored positive free cash flow of $134.5M; operating cash flow of $358.1M exceeded net income, indicating that working-capital and non-cash effects amplified cash generation.

Revenue increased in FY2025, but gross margin fell from 43.6% in FY2024 to 39.2%, while operating margin also contracted. Because sales still held up, the deterioration points to less favorable costs or product mix rather than a simple volume collapse.

By FY2025, total assets had expanded to $1.45B while liabilities reached $419.2M, leaving a larger balance sheet with more obligations alongside growth. The current ratio moved from 1.9x in FY2023 to 1.2x in FY2025, so short-term flexibility is thinner even though equity expanded.

Financial Health Signals

Financial Health Score 63/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Trex Company, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Trex Company, Inc. has an operating margin of 22.0%, meaning the company retains $22 of operating profit per $100 of revenue. This strong profitability earns a score of 91/100, reflecting efficient cost management and pricing power. This is down from 28.0% the prior year.

Growth

Trex Company, Inc.'s revenue grew a modest 2.0% year-over-year to $1.2B. This slow but positive growth earns a score of 43/100.

Leverage

Trex Company, Inc. has a moderate D/E ratio of 0.41. This balance of debt and equity financing earns a leverage score of 64/100.

Liquidity

Trex Company, Inc.'s current ratio of 1.24 indicates adequate short-term liquidity, earning a score of 30/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Trex Company, Inc. has a free cash flow margin of 11.5%, earning a moderate score of 57/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Trex Company, Inc. earns a strong 18.4% return on equity (ROE), meaning it generates $18 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 91/100. This is down from 26.9% the prior year.

Altman Z-Score Safe

9.56

Trex Company, Inc. scores 9.56, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.5B) relative to total liabilities ($419.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Trex Company, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.88x

For every $1 of reported earnings, Trex Company, Inc. generates $1.88 in operating cash flow ($358.1M OCF vs $190.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$418.0M

YoY+7.8%

QoQ+21.7%

5Y CAGR+6.1%

10Y CAGR+11.1%

Trex Company, Inc. generated $418.0M in revenue in Q2 2026. This represents an increase of 7.8% from the same quarter a year earlier. Against the prior quarter it is up 21.7%.

EBITDA

$105.6M

YoY-10.7%

QoQ+3.6%

Trex Company, Inc.'s EBITDA was $105.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10.7% from the same quarter a year earlier. Against the prior quarter it is up 3.6%.

Net Income

$61.9M

YoY-18.5%

QoQ+0.8%

5Y CAGR+0.2%

10Y CAGR+10.1%

Trex Company, Inc. reported $61.9M in net income in Q2 2026. This represents a decrease of 18.5% from the same quarter a year earlier. Against the prior quarter it is up 0.8%.

EPS (Diluted)

$0.60

YoY-15.5%

QoQ+3.4%

5Y CAGR+2.5%

10Y CAGR-2.8%

Trex Company, Inc. earned $0.60 per diluted share (EPS) in Q2 2026. This represents a decrease of 15.5% from the same quarter a year earlier. Against the prior quarter it is up 3.4%.

Cash & Balance Sheet

Free Cash Flow

$184.5M

YoY-9.1%

QoQ+230.4%

5Y CAGR+16.1%

10Y CAGR+6.6%

Trex Company, Inc. generated $184.5M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 9.1% from the same quarter a year earlier. Against the prior quarter it is up 230.4%.

Cash & Debt

$6.5M

YoY+17.2%

QoQ+44.1%

5Y CAGR+3.4%

10Y CAGR+9.8%

Trex Company, Inc. held $6.5M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

102M

YoY-5.0%

QoQ-2.0%

5Y CAGR-2.5%

10Y CAGR+13.3%

Trex Company, Inc. had 102M shares outstanding in Q2 2026. This represents a decrease of 5.0% from the same quarter a year earlier. Against the prior quarter it is down 2.0%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

37.9%

YoY-2.9pp

QoQ-2.6pp

5Y change-0.1pp

10Y change-4.0pp

Trex Company, Inc.'s gross margin was 37.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.6 percentage points.

Operating Margin

20.6%

YoY-5.8pp

QoQ-3.7pp

Trex Company, Inc.'s operating margin was 20.6% in Q2 2026, reflecting core business profitability. This is down 5.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.7 percentage points.

Net Margin

14.8%

YoY-4.8pp

QoQ-3.1pp

5Y change-4.9pp

10Y change-1.4pp

Trex Company, Inc.'s net profit margin was 14.8% in Q2 2026, showing the share of revenue converted to profit. This is down 4.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.1 percentage points.

Return on Equity

6.1%

YoY-1.3pp

QoQ0.0pp

5Y change-3.3pp

10Y change-15.0pp

Trex Company, Inc.'s ROE was 6.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 1.3 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.

Capital Allocation

Share Buybacks

$70.7M

QoQ-14.6%

5Y CAGR+68.1%

10Y CAGR+57.9%

Trex Company, Inc. spent $70.7M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 14.6%.

Capital Expenditures

$29.6M

YoY-36.7%

QoQ+28.2%

5Y CAGR-4.2%

10Y CAGR+26.9%

Trex Company, Inc. invested $29.6M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 36.7% from the same quarter a year earlier. Against the prior quarter it is up 28.2%.

R&D Spending

Not reported for Q2 2026.

TREX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TREX quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.2B	$1.2B+2.0%	$1.2B+5.2%	$1.1B-1.0%	$1.1B-7.6%	$1.2B+35.9%	$880.8M+18.2%	$745.3M+8.9%	$684.3M+21.1%	$565.2M+17.8%	$479.6M+8.8%	$440.8M+12.5%	$391.7M+14.3%	$342.5M+11.4%	$307.4M+15.2%	$266.8M
Cost of Revenue	$746.4M	$714.3M+10.0%	$649.6M+0.9%	$644.0M-8.3%	$702.1M-4.7%	$736.4M+41.3%	$521.4M+18.8%	$438.8M+12.7%	$389.4M+21.0%	$321.8M+10.0%	$292.5M+2.3%	$285.9M+13.7%	$251.5M+3.1%	$243.9M+9.5%	$222.8M+9.2%	$204.0M
Gross Profit	$461.5M	$460.0M-8.4%	$501.9M+11.3%	$450.8M+11.6%	$404.0M-12.3%	$460.5M+28.1%	$359.5M+17.3%	$306.5M+3.9%	$294.9M+21.2%	$243.4M+30.1%	$187.1M+20.8%	$154.9M+10.5%	$140.2M+42.2%	$98.6M+16.6%	$84.6M+34.7%	$62.8M
R&D Expenses	N/A	$4.2M+20.0%	$3.5M+6.1%	$3.3M+560.0%	$500K-91.7%	$6.0M+76.5%	$3.4M0.0%	$3.4M-24.4%	$4.5M+18.4%	$3.8M+2.7%	$3.7M+146.7%	$1.5M-34.8%	$2.3M-20.7%	$2.9M0.0%	$2.9M+16.0%	$2.5M
SG&A Expenses	$213.2M	$202.0M+12.2%	$180.0M+2.2%	$176.2M+24.2%	$141.8M+1.6%	$139.6M+11.0%	$125.8M+6.4%	$118.3M+0.1%	$118.2M+17.1%	$101.0M+21.5%	$83.1M+7.3%	$77.5M+7.0%	$72.4M-2.2%	$74.0M+2.9%	$71.9M+18.6%	$60.6M
Operating Income	$243.6M	$258.0M-19.9%	$321.9M+17.2%	$274.6M+11.3%	$246.7M-10.4%	$275.4M+17.9%	$233.6M+24.1%	$188.2M+6.5%	$176.7M+24.1%	$142.4M+37.0%	$104.0M+34.3%	$77.4M+14.1%	$67.8M+175.1%	$24.7M+94.5%	$12.7M+483.8%	$2.2M
EBITDA	N/A	$320.9M-14.8%	$376.6M+15.9%	$324.8M+11.6%	$291.0M-6.5%	$311.3M+23.7%	$251.6M+24.4%	$202.2M+4.6%	$193.3M+21.4%	$159.2M+34.4%	$118.5M+29.0%	$91.8M+10.6%	$83.0M+103.0%	$40.9M+37.8%	$29.7M+45.9%	$20.3M
Interest Expense	N/A	$0	$0-100.0%	$78K	$0-100.0%	$15K-98.5%	$999K-33.5%	$1.5M+682.8%	$192K-58.4%	$461K-59.0%	$1.1M+81.7%	$619K-29.5%	$878K+45.8%	$602K-93.3%	$8.9M-45.3%	$16.4M
Income Tax	$63.9M	$67.5M-19.1%	$83.5M+18.4%	$70.5M+13.3%	$62.2M-6.7%	$66.7M+13.0%	$59.0M+31.2%	$45.0M+6.3%	$42.3M-9.6%	$46.8M+33.8%	$35.0M+21.9%	$28.7M+12.8%	$25.4M+341.0%	-$10.5M-1145.5%	$1.0M+138.7%	-$2.6M
Net Income	$177.4M	$190.4M-20.1%	$238.4M+16.8%	$204.1M+10.6%	$184.6M-11.6%	$208.7M+18.8%	$175.6M+21.3%	$144.7M+7.6%	$134.6M+41.5%	$95.1M+40.2%	$67.8M+41.1%	$48.1M+15.8%	$41.5M+20.0%	$34.6M+1172.0%	$2.7M+123.5%	-$11.6M
EPS (Basic)	N/A	$1.78-19.1%	$2.20+17.0%	$1.88+13.9%	$1.65-8.8%	$1.81+19.1%	$1.52+22.6%	$1.24+7.8%	$1.15-29.0%	$1.62+39.7%	$1.16-24.2%	$1.53+19.5%	$1.28+24.3%	$1.03+1187.5%	$0.08+110.7%	-$0.75
EPS (Diluted)	$1.69	$1.78-19.1%	$2.20+17.0%	$1.88+13.9%	$1.65-8.3%	$1.80+19.2%	$1.51	$1.24+8.8%	$1.14	$1.61+40.0%	$1.15	$1.52+19.7%	$1.27	$1.01+1162.5%	$0.08	-$0.75
Diluted Shares (Avg)	N/A	107M-1.1%	108M-0.4%	109M-2.7%	112M-3.4%	116M-0.4%	116M	117M-0.7%	118M	59M-0.1%	59M	32M-3.3%	33M	34M+0.4%	34M	15M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$418.0M+7.8%	$343.4M+1.0%	$161.1M-3.9%	$285.3M+22.1%	$387.8M+3.0%	$340.0M-9.0%	$167.6M-14.4%	$233.7M-23.1%
Cost of Revenue	$259.7M+13.1%	$204.4M+1.0%	$112.5M+16.4%	$169.9M+20.9%	$229.7M+10.2%	$202.3M-0.9%	$96.7M-23.7%	$140.5M-18.8%
Gross Profit	$158.3M+0.1%	$139.0M+0.9%	$48.7M-31.4%	$115.4M+23.9%	$158.1M-5.9%	$137.7M-18.8%	$71.0M+2.8%	$93.2M-28.8%
SG&A Expenses	$67.5M+21.1%	$55.5M-1.0%	$45.2M+14.9%	$45.0M+15.8%	$55.7M+8.8%	$56.1M+10.8%	$39.3M-7.6%	$38.9M-12.6%
Operating Income	$86.2M-15.8%	$83.5M+2.3%	$3.5M-88.9%	$70.4M+29.6%	$102.4M-12.4%	$81.7M-31.4%	$31.7M+19.5%	$54.3M-37.1%
EBITDA	$105.6M-10.7%	$101.9M+6.2%	$20.4M-54.8%	$86.4M+27.2%	$118.2M-9.3%	$95.9M-28.0%	$45.1M+14.2%	$67.9M-31.6%
Interest Expense	-$2.3M-3122.1%	$0+100.0%	N/A	N/A	$77K	-$76K-1620.0%	N/A	$5K-99.3%
Income Tax	$22.0M-17.2%	$22.1M+4.5%	$1.2M-87.8%	$18.6M+35.4%	$26.6M-11.2%	$21.2M-29.4%	$9.9M+17.7%	$13.8M-37.0%
Net Income	$61.9M-18.5%	$61.4M+1.6%	$2.3M-89.5%	$51.8M+27.7%	$75.9M-12.7%	$60.4M-32.1%	$21.8M+5.5%	$40.6M-37.9%
EPS (Basic)	$0.60-15.5%	$0.58+3.6%	$0.03-85.0%	$0.48+29.7%	$0.71-11.3%	$0.56-31.7%	$0.200.0%	$0.37-38.3%
EPS (Diluted)	$0.60-15.5%	$0.58+3.6%	$0.03-85.0%	$0.48+29.7%	$0.71-11.3%	$0.56-31.7%	$0.200.0%	$0.37-38.3%
Diluted Shares (Avg)	102M-4.6%	105M-2.0%	N/A	107M-1.0%	107M-1.4%	107M-1.4%	107M	108M-0.3%

Not reported in any period shown, so not listed: R&D Expenses.

TREX Balance Sheet

TREX quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$1.5B+5.8%	$1.4B+47.3%	$932.9M-0.1%	$933.7M+1.5%	$920.3M+19.4%	$770.5M+30.1%	$592.2M+27.3%	$465.1M+42.6%	$326.2M+47.3%	$221.4M+4.4%	$212.0M+8.3%	$195.8M+4.1%	$188.2M+11.6%	$168.6M-26.1%	$228.1M
Current Assets	$310.4M-15.8%	$368.6M+114.0%	$172.3M-39.9%	$286.8M-28.5%	$401.1M+24.6%	$322.0M+6.2%	$303.2M+12.2%	$270.2M+81.6%	$148.8M+40.8%	$105.6M+6.7%	$99.0M+16.2%	$85.2M+11.9%	$76.2M+44.7%	$52.6M-48.4%	$102.1M
Cash & Equivalents	$3.8M+194.7%	$1.3M-34.0%	$2.0M-84.1%	$12.3M-91.3%	$141.1M+15.9%	$121.7M-18.2%	$148.8M+40.8%	$105.7M+246.4%	$30.5M+63.5%	$18.7M+211.3%	$6.0M-37.2%	$9.5M+153.0%	$3.8M+74.7%	$2.2M-52.3%	$4.5M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$238.7M-7.1%	$257.0M+139.9%	$107.1M-24.2%	$141.4M+68.8%	$83.8M+22.7%	$68.2M+21.6%	$56.1M-2.9%	$57.8M+67.4%	$34.5M+20.9%	$28.5M+23.6%	$23.1M-2.7%	$23.7M+5.9%	$22.4M+28.0%	$17.5M-39.4%	$28.9M
Accounts Receivable	$48.1M-45.6%	$88.4M+114.8%	$41.1M-58.0%	$98.1M-35.1%	$151.1M+41.5%	$106.7M+36.1%	$78.5M-13.9%	$91.2M+36.3%	$66.9M+39.2%	$48.0M+1.4%	$47.4M+30.2%	$36.4M-2.5%	$37.3M+40.7%	$26.5M-9.1%	$29.2M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$14.2M0.0%	$14.2M	N/A	N/A	$14.2M-79.2%	$68.5M-0.1%	$68.5M0.0%	$68.5M+0.1%	$68.5M+550.6%	$10.5M+0.2%	$10.5M0.0%	$10.5M0.0%	$10.5M0.0%	$10.5M-0.5%	$10.6M
Total Liabilities	$419.2M-13.9%	$486.8M+125.2%	$216.2M-47.9%	$415.4M+112.7%	$195.3M+7.3%	$182.0M+27.2%	$143.1M+17.1%	$122.2M+28.6%	$95.0M+8.8%	$87.3M-8.7%	$95.5M+15.9%	$82.4M+1.1%	$81.5M+9.3%	$74.6M-45.0%	$135.6M
Current Liabilities	$250.7M-26.8%	$342.5M+276.1%	$91.1M-68.7%	$290.6M+227.6%	$88.7M-16.6%	$106.4M+35.2%	$78.7M-15.2%	$92.8M+48.4%	$62.5M+21.6%	$51.4M-15.0%	$60.4M+22.2%	$49.5M+4.8%	$47.2M+11.1%	$42.5M-64.8%	$120.6M
Non-Current Liabilities	$168.5M+16.7%	$144.4M+15.4%	$125.2M+0.3%	$124.8M+17.0%	$106.6M+41.0%	$75.6M+17.4%	$64.4M+119.1%	$29.4M-9.5%	$32.5M-9.5%	$35.9M+2.3%	$35.1M+6.4%	$33.0M-4.0%	$34.4M+6.9%	$32.1M+114.9%	$15.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0
Total Equity	$1.0B+16.6%	$887.1M+19.6%	$741.6M+36.2%	$544.5M-24.9%	$725.0M+23.2%	$588.5M+31.0%	$449.2M+31.0%	$343.0M+48.3%	$231.3M+72.4%	$134.2M+15.2%	$116.5M+2.7%	$113.4M+6.3%	$106.6M+13.4%	$94.0M+1.6%	$92.5M
Retained Earnings	$1.8B+11.9%	$1.6B+19.7%	$1.3B+18.2%	$1.1B+19.5%	$946.0M+28.3%	$737.3M+31.3%	$561.7M+34.7%	$416.9M+47.7%	$282.4M+50.8%	$187.2M+56.8%	$119.4M+67.5%	$71.3M+139.4%	$29.8M+717.5%	-$4.8M+36.1%	-$7.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$1.6B+5.8%	$1.7B+5.4%	$1.5B+5.8%	$1.5B+14.6%	$1.5B+21.1%	$1.6B+26.9%	$1.4B+47.3%	$1.3B+27.1%
Current Assets	$477.6M+5.3%	$580.0M-2.1%	$310.4M-15.8%	$337.8M-4.2%	$453.5M+4.5%	$592.2M+15.4%	$368.6M+114.0%	$352.7M+29.2%
Cash & Equivalents	$6.5M+17.2%	$4.5M-9.5%	$3.8M+194.7%	$11.4M-11.5%	$5.5M+371.2%	$5.0M+62.6%	$1.3M-34.0%	$12.8M+176.4%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$189.6M+33.7%	$229.6M+30.1%	$238.7M-7.1%	$149.6M-20.4%	$141.8M-4.7%	$176.4M+42.4%	$257.0M+139.9%	$187.9M+211.2%
Accounts Receivable	$262.5M-9.8%	$326.9M-16.4%	$48.1M-45.6%	$164.0M+17.1%	$291.2M+7.8%	$391.1M+4.7%	$88.4M+114.8%	$140.1M-30.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	$14.2M0.0%	N/A	N/A	N/A	$14.2M	N/A
Total Liabilities	$616.4M+12.4%	$734.1M+0.4%	$419.2M-13.9%	$410.0M+8.1%	$548.6M+46.3%	$731.1M+49.6%	$486.8M+125.2%	$379.3M+24.3%
Current Liabilities	$449.9M+7.3%	$566.4M-5.8%	$250.7M-26.8%	$282.2M+12.3%	$419.4M+71.6%	$601.6M+62.9%	$342.5M+276.1%	$251.2M+37.8%
Non-Current Liabilities	$166.5M+28.8%	$167.7M+29.4%	$168.5M+16.7%	$127.8M-0.2%	$129.2M-1.1%	$129.6M+8.3%	$144.4M+15.4%	$128.1M+4.3%
Total Equity	$1.0B-1.6%	$995.8M+5.1%	$1.0B+16.6%	$1.0B+17.4%	$1.0B+14.7%	$947.1M+17.8%	$887.1M+19.6%	$887.9M+28.4%
Retained Earnings	$1.9B+12.6%	$1.9B+14.1%	$1.8B+11.9%	$1.8B+12.7%	$1.7B+12.3%	$1.6B+13.9%	$1.6B+19.7%	$1.6B+18.2%

Not reported in any period shown, so not listed: Long-Term Debt.

TREX Cash Flow Statement

TREX quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$358.1M	$358.1M+148.8%	$143.9M-63.0%	$389.4M+80.1%	$216.2M-16.2%	$258.1M+37.8%	$187.3M+19.8%	$156.4M+13.2%	$138.1M+35.6%	$101.9M+19.4%	$85.3M+36.2%	$62.6M+6.8%	$58.6M+29.7%	$45.2M-25.2%	$60.4M+78.6%	$33.8M
Depreciation & Amortization	N/A	$63.0M+15.2%	$54.7M+8.9%	$50.2M+13.3%	$44.3M+23.2%	$35.9M+100.4%	$17.9M+27.9%	$14.0M-15.5%	$16.6M-1.6%	$16.9M+16.3%	$14.5M+0.8%	$14.4M-5.4%	$15.2M-6.5%	$16.3M-4.4%	$17.0M-6.4%	$18.2M
Stock-Based Compensation	N/A	$9.1M-27.9%	$12.6M+24.3%	$10.2M+90.7%	$5.3M-36.8%	$8.4M+18.3%	$7.1M+2.9%	$6.9M+9.2%	$6.3M+22.3%	$5.2M+8.3%	$4.8M-1.5%	$4.9M+1.1%	$4.8M+26.1%	$3.8M+9.9%	$3.5M+10.3%	$3.1M
Capital Expenditures	$150.1M	$223.6M-3.8%	$232.3M+39.9%	$166.1M-5.8%	$176.2M+10.6%	$159.4M-7.8%	$172.8M+156.9%	$67.3M+98.9%	$33.8M+124.8%	$15.0M+3.4%	$14.6M-37.6%	$23.3M+79.8%	$13.0M-0.7%	$13.1M+72.0%	$7.6M+2.3%	$7.4M
Free Cash Flow	$208.1M	$134.5M+252.2%	-$88.4M-139.6%	$223.3M+458.4%	$40.0M-59.5%	$98.7M+581.8%	$14.5M-83.8%	$89.1M-14.6%	$104.3M+20.1%	$86.8M+22.7%	$70.7M+80.0%	$39.3M-13.9%	$45.7M+42.1%	$32.1M-39.2%	$52.9M+100.0%	$26.4M
Investing Cash Flow	-$159.4M	-$233.2M+1.4%	-$236.5M-42.4%	-$166.1M+1.7%	-$168.9M-6.9%	-$158.0M+7.4%	-$170.7M-153.8%	-$67.2M-99.3%	-$33.7M+61.1%	-$86.8M-750.7%	-$10.2M	N/A	N/A	N/A	-$7.5M+20.1%	-$9.4M
Financing Cash Flow	-$197.7M	-$122.4M-233.1%	$91.9M+139.3%	-$233.7M-32.7%	-$176.1M-118.2%	-$80.7M-84.3%	-$43.8M+4.8%	-$46.0M-57.4%	-$29.2M-805.2%	-$3.2M+94.8%	-$62.4M	N/A	N/A	N/A	-$55.3M-17.2%	-$47.2M
Share Buybacks	$204.0M	$54.5M-48.6%	$105.9M+474.2%	$18.4M-95.4%	$398.4M+383.0%	$82.5M+83.9%	$44.9M-3.6%	$46.5M+54.7%	$30.1M+731.8%	$3.6M-93.4%	$55.2M+3.6%	$53.3M+0.2%	$53.2M+70.1%	$31.3M+466.4%	$5.5M+78.6%	$3.1M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$214.2M-14.2%	-$118.4M+23.1%	$65.5M+872.9%	$196.9M+48.3%	$249.8M+28.9%	-$154.0M+11.5%	-$8.5M-108.4%	$132.8M-26.4%
Depreciation & Amortization	$19.4M+22.5%	$18.4M+28.9%	$16.9M+25.6%	$16.0M+17.6%	$15.8M+17.5%	$14.2M+0.7%	$13.5M+3.5%	$13.6M+4.7%
Stock-Based Compensation	$2.8M-3.2%	$2.6M+13.9%	N/A	$1.2M-54.6%	$2.9M-23.6%	$2.3M-26.7%	N/A	$2.7M-5.3%
Capital Expenditures	$29.6M-36.7%	$23.1M-70.9%	$43.4M-46.4%	$53.9M-31.1%	$46.8M+31.9%	$79.5M+110.7%	$80.9M+52.1%	$78.3M+156.1%
Free Cash Flow	$184.5M-9.1%	-$141.5M+39.4%	$22.1M+124.7%	$142.9M+162.4%	$203.0M+28.3%	-$233.5M-10.3%	-$89.3M-286.0%	$54.5M-63.6%
Investing Cash Flow	-$32.3M+36.7%	-$24.9M+68.8%	-$45.1M+47.1%	-$57.1M+27.0%	-$51.0M-43.8%	-$80.0M-112.6%	-$85.2M-60.2%	-$78.3M-156.1%
Financing Cash Flow	-$179.9M+9.2%	$144.0M-39.4%	-$28.0M-134.1%	-$133.9M-212.7%	-$198.2M-23.8%	$237.6M+11.7%	$82.1M+261.9%	-$42.8M+71.4%
Share Buybacks	$70.7M	$82.8M+1966.5%	$50.4M+0.3%	$25K-100.0%	$0-100.0%	$4.0M-22.1%	$50.3M+558622.2%	$50.1M+20014.5%

Not reported in any period shown, so not listed: Dividends Paid.

TREX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TREX quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	39.2%-4.4pp	43.6%+2.4pp	41.2%+4.6pp	36.5%-1.9pp	38.5%-2.3pp	40.8%-0.3pp	41.1%-2.0pp	43.1%0.0pp	43.1%+4.0pp	39.0%+3.9pp	35.1%-0.7pp	35.8%+7.0pp	28.8%+1.3pp	27.5%+4.0pp	23.5%
Operating Margin	22.0%-6.0pp	28.0%+2.9pp	25.1%+2.8pp	22.3%-0.7pp	23.0%-3.5pp	26.5%+1.3pp	25.3%-0.6pp	25.8%+0.6pp	25.2%+3.5pp	21.7%+4.1pp	17.6%+0.2pp	17.3%+10.1pp	7.2%+3.1pp	4.1%+3.3pp	0.8%
Net Margin	16.2%-4.5pp	20.7%+2.1pp	18.6%+2.0pp	16.7%-0.8pp	17.4%-2.5pp	19.9%+0.5pp	19.4%-0.3pp	19.7%+2.8pp	16.8%+2.7pp	14.1%+3.2pp	10.9%+0.3pp	10.6%+0.5pp	10.1%+9.2pp	0.9%+5.2pp	-4.3%
Return on Equity	18.4%-8.5pp	26.9%-0.6pp	27.5%-6.4pp	33.9%+5.1pp	28.8%-1.1pp	29.8%-2.4pp	32.2%-7.0pp	39.2%-1.9pp	41.1%-9.4pp	50.6%+9.3pp	41.3%+4.7pp	36.6%+4.2pp	32.5%+29.6pp	2.9%+15.4pp	-12.5%
Return on Assets	13.1%-4.2pp	17.3%-4.5pp	21.9%+2.1pp	19.8%-2.9pp	22.7%-0.1pp	22.8%-1.7pp	24.4%-4.5pp	28.9%-0.2pp	29.2%-1.5pp	30.6%+8.0pp	22.7%+1.5pp	21.2%+2.8pp	18.4%+16.8pp	1.6%+6.7pp	-5.1%
Current Ratio	1.24+0.2x	1.08-0.8x	1.89+0.9x	0.99-3.5x	4.52+1.5x	3.03-0.8x	3.85+0.9x	2.91+0.5x	2.38+0.3x	2.06+0.4x	1.64-0.1x	1.72+0.1x	1.61+0.4x	1.24+0.4x	0.85
Debt-to-Equity	0.41-0.1x	0.55+0.3x	0.29-0.5x	0.76+0.5x	0.270.0x	0.310.0x	0.320.0x	0.36-0.1x	0.41-0.2x	0.65-0.2x	0.82+0.1x	0.730.0x	0.760.0x	0.79+0.8x	0.00
Asset Turnover	0.810.0x	0.84-0.3x	1.170.0x	1.18-0.1x	1.30+0.2x	1.14-0.1x	1.26-0.2x	1.47-0.3x	1.73-0.4x	2.17+0.1x	2.08+0.1x	2.00+0.2x	1.820.0x	1.82+0.7x	1.17
FCF Margin	11.5%+19.1pp	-7.7%-28.1pp	20.4%+16.8pp	3.6%-4.6pp	8.2%+6.6pp	1.6%-10.3pp	11.9%-3.3pp	15.2%-0.1pp	15.4%+0.6pp	14.8%+5.8pp	8.9%-2.7pp	11.7%+2.3pp	9.4%-7.8pp	17.2%+7.3pp	9.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	37.9%-2.9pp	40.5%0.0pp	30.2%-12.1pp	40.5%+0.6pp	40.8%-3.9pp	40.5%-4.9pp	42.3%+7.1pp	39.9%-3.2pp
Operating Margin	20.6%-5.8pp	24.3%+0.3pp	2.2%-16.7pp	24.7%+1.4pp	26.4%-4.6pp	24.0%-7.8pp	18.9%+5.3pp	23.2%-5.2pp
Net Margin	14.8%-4.8pp	17.9%+0.1pp	1.4%-11.6pp	18.1%+0.8pp	19.6%-3.5pp	17.8%-6.1pp	13.0%+2.5pp	17.3%-4.1pp
Return on Equity	6.1%-1.3pp	6.2%-0.2pp	0.2%-2.2pp	5.0%+0.4pp	7.4%-2.3pp	6.4%-4.7pp	2.5%-0.3pp	4.6%-4.9pp
Return on Assets	3.8%-1.1pp	3.5%-0.1pp	0.2%-1.4pp	3.6%+0.4pp	4.9%-1.9pp	3.7%-3.2pp	1.6%-0.6pp	3.2%-3.4pp
Current Ratio	1.060.0x	1.020.0x	1.24+0.2x	1.20-0.2x	1.08-0.7x	0.98-0.4x	1.08-0.8x	1.40-0.1x
Debt-to-Equity	0.61+0.1x	0.740.0x	0.41-0.1x	0.390.0x	0.53+0.1x	0.77+0.2x	0.55+0.3x	0.430.0x
Asset Turnover	0.260.0x	0.200.0x	0.110.0x	0.200.0x	0.250.0x	0.21-0.1x	0.12-0.1x	0.18-0.1x
FCF Margin	44.1%-8.2pp	-41.2%+27.5pp	13.7%+67.0pp	50.1%+26.8pp	52.3%+10.3pp	-68.7%-12.0pp	-53.3%-77.8pp	23.3%-26.0pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Trex Company, Inc. TREX	FY2025	$1.2B	$190.4M	16.2%	$4.5B	63/100
Fortune Brands Innovations, Inc. FBIN	FY2025	$4.5B	$298.8M	6.7%	$4.7B	53/100
Louisiana-Pacific Corp. LPX	FY2025	$2.7B	$146.0M	5.4%	$4.7B	62/100
Aaon Inc AAON	FY2025	$1.4B	$107.6M	7.5%	$7.3B	58/100
Armstrong World Industries, Inc. AWI	FY2025	$1.6B	$308.7M	19.1%	$7.0B	72/100

Where Trex Company, Inc. Ranks

Frequently Asked Questions

What is Trex Company, Inc.'s annual revenue?

Trex Company, Inc. (TREX) reported $1.2B in total revenue for fiscal year 2025. This represents a 2.0% 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 2.0% year-over-year, from $1.2B to $1.2B in fiscal year 2025.

Is Trex Company, Inc. profitable?

Yes, Trex Company, Inc. (TREX) reported a net income of $190.4M in fiscal year 2025, with a net profit margin of 16.2%.

What is Trex Company, Inc.'s EBITDA?

Trex Company, Inc. (TREX) had EBITDA of $320.9M in fiscal year 2025, 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 39.2% in fiscal year 2025, 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 22.0% in fiscal year 2025, 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 16.2% in fiscal year 2025, 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 18.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Trex Company, Inc.'s free cash flow?

Trex Company, Inc. (TREX) generated $134.5M in free cash flow during fiscal year 2025. This represents a 252.2% 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 $358.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Trex Company, Inc.'s total assets?

Trex Company, Inc. (TREX) had $1.5B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Trex Company, Inc.'s capital expenditures?

Trex Company, Inc. (TREX) invested $223.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Trex Company, Inc. spend on research and development?

Trex Company, Inc. (TREX) invested $4.2M in research and development during fiscal year 2025.

Does Trex Company, Inc. buy back shares?

Yes, Trex Company, Inc. (TREX) spent $54.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Trex Company, Inc. have outstanding?

Trex Company, Inc. (TREX) had 106M shares outstanding as of fiscal year 2025.

What is Trex Company, Inc.'s current ratio?

Trex Company, Inc. (TREX) had a current ratio of 1.24 as of fiscal year 2025, which is considered adequate.

What is Trex Company, Inc.'s debt-to-equity ratio?

Trex Company, Inc. (TREX) had a debt-to-equity ratio of 0.41 as of fiscal year 2025, 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 13.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Trex Company, Inc.'s P/E ratio?

Trex Company, Inc. (TREX) trades at 25.2x earnings, its market capitalization divided by net income of $177.4M net income, trailing 12 months to June 30, 2026. The market capitalization is $4.5B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Trex Company, Inc.'s price-to-sales ratio?

Trex Company, Inc. (TREX) trades at 3.7x sales, its market capitalization divided by revenue of $1.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $4.5B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Trex Company, Inc.'s Altman Z-Score?

Trex Company, Inc. (TREX) has an Altman Z-Score of 9.56, 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 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 1.88x, considered cash-backed (high 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 63 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.