Pricing Log in Create free account
Friday 6 November 2026 Export TREX’s income statement to Excel — free account

Trex Company, Inc.

TREX Industrials Building Products & Equipment

Trex Company, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 1.98% from fiscal 2024.

Revenue
+26.0%
EPS
+7.52%
Free cash flow
−3.69%
Total debt
+52.7%

Quarter to September 2026, against a year earlier

56.37 0.78 −1.36%
Market cap
$5.7B
P/E
32.8×
Fwd P/E
29.5×
Dividend yield
—
F-score
6/9
Altman Z
8.54
Beneish M
−3.26
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.50
Sold, $m 0.12
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — 1 — — — — — — — —
Sell — — — — — — 1 — 1 — — —
Insider Ownership 0.75%

Capital & Financial Ratios $m

Size
Market Cap 5,710.00
Revenue ttm 1,282.05
Net income ttm 178.07
Free cash flow ttm 193.54
Net debt Q 166.73
Valuation
P/E 32.85
Forward P/E 29.50
Price / sales 4.47
Forward P/S Powerpack
Price / FCF 29.63
Price / book 5.67
Financial health
Current ratio Q 1.23
Debt / equity Q 0.17 (at or below 0.5: strong)
Interest coverage Q 86.03
Growth
Revenue growth Q +25.99% (above 0%: growing)
Operating income growth Q +3.02% (above 0%: growing)
EPS, this year −1.59% (below 0%: weak)
EPS, next year A +11.87%
Revenue, next year A +5.94%
EPS, past 5 yrs +3.23%
EPS, next 5 yrs A +9.63%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 4.6×, against a ten-year median of 5.9×; over the ten years it ranged from 2.7× in 2016 to 13.6× in 2021.
P/E against its own 10 years 52.77%
10-year low 10-year high
P/S against its own 10 years 28.02%
10-year low 10-year high
P/B against its own 10 years 10.34%
10-year low 10-year high
EV/Sales against its own 10 years 28.16%
10-year low 10-year high
EV/FCF against its own 10 years 29.31%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2 1 4 3
Receivables 41 88 48 223
Inventory 107 257 239 181
Other — — — —
172 369 310 426
2023 2024 2025 Q'26
Payables 24 61 35 52
ST’ Debt 6 203 134 170
Other — — — —
91 342 251 347

Compound Annual Growth %

10y 5y 3y
Sales 10.29% 5.92% 2.02%
Cash Flow 19.05% 13.84% 18.32%
Earnings 14.75% 1.63% 1.03%
Book Value 24.41% 11.94% 25.89%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.49 Actual 0.55

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 −0.01 0.04 Beat by 0.05
Q1 FY26 0.51 0.59 Beat by 0.08
Q2 FY26 0.64 0.62 Miss by 0.02
Q3 FY26 0.49 0.55 Beat by 0.06
Q4 FY26 0.08 — Reports 23 February 2027

EPS $

Mar Jun Sep Dec Year
’26 0.58 0.60 0.52 — —
’25 0.56 0.71 0.48 0.02 1.77
’24 0.82 0.80 0.37 0.21 2.20
’23 0.38 0.71 0.60 0.20 1.89
’22 0.62 0.79 0.13 0.09 1.65
’21 0.42 0.53 0.64 0.22 1.80
’20 0.37 0.41 0.37 0.37 1.51
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 343 418 360 — —
’25 340 388 285 161 1,174
’24 374 376 234 168 1,151
’23 239 357 304 196 1,095
’22 339 386 188 192 1,106
’21 246 312 336 304 1,197
’20 200 221 232 228 881
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (118) 214 153 — —
’25 (154) 250 197 65 358
’24 (174) 194 133 (8) 144
’23 (115) 223 180 101 389
’22 74 116 54 (28) 216
’21 (143) 124 131 145 258
’20 (109) 76 45 175 187
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (143) 182 135 — —
’25 (234) 199 140 20 125
’24 (212) 158 54 (94) (93)
’23 (155) 180 150 48 223
’22 52 72 13 (89) 47
’21 (200) 89 102 110 100
’20 (129) 37 8 102 17
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 480 565 684 745 881 1,197 1,106 1,095 1,151 1,174 1,282 +10.5% 1,244 1,321 1,426 +6.7%
Gross margin, % 39.01 43.06 43.10 41.12 40.81 38.47 36.53 41.17 43.59 39.17 37.09 +0.2 pt
EBT 103 142 177 190 235 275 247 275 322 258 243 +10.8%
EBT margin, % 21.44 25.11 25.85 25.45 26.64 23.01 22.32 25.08 27.96 21.97 18.92 +0.5 pt
Net income 68 95 135 145 176 209 185 204 238 190 178 +12.1%
Per share, $
Per share, $ Revenue 4.08 4.81 5.82 6.38 7.60 10.37 9.90 10.07 10.64 10.97 12.60 +11.6%
Earnings 0.58 0.81 1.15 1.24 1.52 1.81 1.65 1.89 2.09 1.77 1.72 +13.3%
Cash flow 0.73 0.87 1.18 1.34 1.62 2.24 1.94 3.58 1.33 3.35 3.09 +18.5%
Capex (0.09) (0.13) (0.29) (0.58) (1.47) (1.37) (1.51) (1.53) (2.19) (2.18) (1.18) +43.1%
Free cash flow 0.64 0.74 0.89 0.76 0.14 0.87 0.42 2.05 (0.86) 1.17 1.90 +6.9%
Book value 1.14 1.97 2.92 3.84 5.08 6.28 4.64 6.59 8.20 9.67 9.93 +26.8%
Shares, m 118 118 117 117 116 115 112 109 108 107 104 (1.0%)
Valuation, ×
Valuation, × P/E 29.70 33.80 25.92 36.24 55.26 74.60 26.81 42.70 31.39 19.82 32.85 37.6
P/S 4.11 5.68 5.10 7.05 11.01 13.03 4.41 8.01 6.49 3.20 4.47 6.8
P/B 14.71 13.87 10.17 11.69 16.49 21.50 9.42 12.24 8.42 3.63 5.67 12.2
EV/Sales 4.17 5.77 4.96 6.86 10.89 12.92 4.61 8.02 6.66 3.31 4.61 6.8
EV/FCF 26.65 37.51 32.51 57.39 576.55 154.57 107.65 39.31 (86.91) 31.13 30.51 97.6
Cash, $m
Cash, $m Operating cash flow 85 102 138 156 187 258 216 389 144 358 314 +17.3%
Capex (10) (15) (34) (67) (171) (158) (169) (166) (237) (233) (120) +41.6%
Free cash flow 75 87 104 89 17 100 47 223 (93) 125 194 +5.8%
Balance, $m
Balance, $m Working capital 54 86 177 225 216 312 (4) 81 26 60 79 +1.1%
Net debt (19) (31) (106) (142) (115) (134) 210 4 201 130 167 n/m
Shareholders’ equity 134 231 343 449 589 725 518 717 887 1,034 1,010 +25.5%
Returns, %
Returns, % ROA 31.31 34.74 34.01 27.38 25.78 24.69 19.92 21.87 20.67 13.47 11.79 (17.8) pt
ROIC 56.25 44.33 46.54 38.26 30.84 29.12 21.18 23.83 18.48 13.85 13.05 (42.4) pt
ROE 54.14 52.07 46.87 36.54 33.85 31.78 29.70 33.06 29.74 19.82 17.35 (34.3) pt
People
People Employees 830 1,120 1,214 1,173 1,555 1,924 1,636 1,765 1,838 1,839 — +9.2%
Revenue/emp, $m 0.58 0.50 0.56 0.64 0.57 0.62 0.68 0.62 0.63 0.64 — +1.1%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Trex Company, Inc. vs peers in Building Products & Equipment (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
OC Owens Corning Inc $9.8B — (loss-making) 15.2× −7.27% (below 0%: shrinking) n/m −16.47% (below 0%: shrinking) 24.71% (6.11%) Compare
AWI Armstrong World Industries, Inc. $7.1B 22.8× 21.0× +11.90% (above 0%: growing) +10.25% (above 0%: growing) −29.42% (below 0%: shrinking) 40.08% 27.57% Compare
BLDR Builders FirstSource, Inc. $7.1B 176× — (loss-making) −2.21% (below 0%: shrinking) −49.42% (below 0%: shrinking) −83.67% (below 0%: shrinking) 27.82% 2.57% Compare
SPXC SPX Technologies, Inc. $6.9B 23.3× 24.6× +20.53% (above 0%: growing) +26.15% (above 0%: growing) −79.92% (below 0%: shrinking) 39.12% 16.14% Compare
TREX Trex Company, Inc. $5.7B 32.8× 29.5× +25.99% (above 0%: growing) +7.52% (above 0%: growing) −3.69% (below 0%: shrinking) 36.01% 20.17%
FBIN Fortune Brands Innovations, Inc. $5.6B 44.4× 30.8× −3.09% (below 0%: shrinking) −28.81% (below 0%: shrinking) +95.25% (above 0%: growing) 45.43% 5.42% Compare
LPX Louisiana-Pacific Corporation $5.4B 77.9× 70.6× +4.22% (above 0%: growing) +152.77% (above 0%: growing) +1,040.00% (above 0%: growing) 16.64% 4.34% Compare
GFF Griffon Corporation $4.6B 25.6× 20.1× −21.55% (below 0%: shrinking) n/m +5.99% (above 0%: growing) 46.96% 23.99% Compare
AAON AAON, Inc. $4.5B 27.7× 28.0× +101.23% (above 0%: growing) +263.16% (above 0%: growing) +52.96% (above 0%: growing) 24.32% 10.99% Compare
Median of peers $6.3B 27.7× 24.6× +1.01% +18.20% −5.24% 33.47% 8.21%

All 34 Building Products & Equipment stocks →

Pay and ownership Proxy statement filed 16 March 2026

Ownership

Directors and executive officers, together less than 1%
BlackRock, Inc. 9.20%
The Vanguard Group 9.00%
Wellington Management Group LLP; Wellington Group Holdings LLP; Wellington Investment Advisors Holdings LLP; c/o Wellington Management Company LLP 6.50%
AllianceBernstein L.P. 6.00%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Trex Company, Inc. (TREX) Latest News

5 Nov

Impact 3 · · GuruFocus.com
Impact 3 · · Simply Wall St.

4 Nov

Impact 4 · · Business Wire
Impact 3 · · The Motley Fool transcript
Impact 3 · · Moby
Impact 3 · · StockStory
Impact 3 · · Associated Press

28 Oct

Impact 4 · · Zacks

21 Oct

Impact 4 · · Simply Wall St.

20 Oct

Impact 4 · · NYSE
Impact 4 · · Business Wire

29 Sep

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.
Impact 3 · · StockStory

28 Sep

Impact 4 · · Simply Wall St.

24 Sep

Impact 3 · · StockStory

16 Sep

Impact 3 ·

3 Sep

Impact 3 ·

2 Sep

Impact 3 ·

18 Aug

Impact 3 ·

17 Aug

Impact 3 ·

11 Aug

Impact 4 · · The Motley Fool transcript

9 Aug

Impact 3 · · MarketBeat transcript

4 Aug

Impact 4 ·
Impact 3 · · Moby transcript
Impact 3 ·
Impact 3 ·
Impact 3 ·

3 Aug

Impact 3 ·

30 Jul

Impact 3 ·

TREX metrics, ten years each

stockrow.com/TREX · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com