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

Trex Company, Inc. (TREX) Operating margin

Alert me on Operating margin

Trex Company, Inc.'s operating margin over the twelve months to 30 September 2026 was 19.2%, down 2.8 percentage points from fiscal 2025 (22.0%). Over the past ten years it has ranged from 17.6% (fiscal 2015) to 28.0% (fiscal 2024); the current reading is higher than 27% of that period. That is above the Building Products & Equipment industry median of 7.18% and above the Industrials sector median of 5.21%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 22.0% (5.99)
FY2024 28.0% 2.88
FY2023 25.1% 2.77
FY2022 22.3% (0.70)
FY2021 23.0% (3.51)
FY2020 26.5% 1.27
FY2019 25.3% (0.57)
FY2018 25.8% 0.63
FY2017 25.2% 3.52
FY2016 21.7% 4.11

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 20.2% (0.45)
Jun 2026 20.6% (3.70)
Mar 2026 24.3% 22.15
Dec 2025 2.17% (22.50)
43 more quarters

Against its own ten years

Low 17.6% High 28.0%
Ten-year median 25.1%
Current reading's percentile 2

Operating margin against peers

Company Operating margin
AWI Armstrong World Industries, Inc. compare 25.8%
GFF Griffon Corporation compare 20.4%
TREX Trex Company, Inc. 19.2%
SPXC SPX Technologies, Inc. compare 16.1%
AAON AAON, Inc. compare 11.1%
FBIN Fortune Brands Innovations, Inc. compare 5.35%
LPX Louisiana-Pacific Corporation compare 3.37%
OC Owens Corning Inc compare 2.33%
BLDR Builders FirstSource, Inc. compare 2.13%
Building Products & Equipment industry median 7.18%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on TREX