Trex Co Inc (TREX) Financial Statements
Industry: Lumber & Wood Products (No Furniture)
In fiscal 2025, Trex reported revenue of $1.17B, up 2.0% from $1.15B the year before. Net income was $190.4M (a 16.2% net margin), or $1.78 per diluted share. Gross margin was 39.2% and operating margin was 22.0%. Operating activities generated $358.1M of cash, leaving $134.5M of free cash flow. At fiscal year end, Trex held $1.45B in total assets against $419.2M in total liabilities, including $3.8M of cash and equivalents.
Open the full interactive Trex financials → Quarterly statements, key ratios, valuation history and price charts.
Trex Key Stats
| Share Price | $45.05 |
|---|---|
| Market Cap | $4.61B |
| P/E Ratio | 25.3 |
| Revenue YoY Growth | +2.0% |
| 52-Week Range | $30.13 – $53.14 |
| Shares Outstanding | 102.3 million (basic, 2026 Q2) |
Trex Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $880.8M | $1.20B | $1.11B | $1.09B | $1.15B | $1.17B |
| Cost of Goods Sold | $521.4M | $736.4M | $702.1M | $642.4M | $665.8M | $714.3M |
| Gross Profit | $359.5M | $460.5M | $404.0M | $452.4M | $485.7M | $460.0M |
| Operating Income | $233.6M | $275.4M | $246.7M | $276.2M | $305.7M | $258.0M |
| Pre-Tax Income | $234.6M | $275.4M | $246.8M | $276.2M | $305.7M | $258.0M |
| Income Tax | $59.0M | $66.7M | $62.2M | $70.8M | $79.3M | $67.5M |
| Net Income | $175.6M | $208.7M | $184.6M | $205.4M | $226.4M | $190.4M |
| Diluted EPS | $1.51 | $1.80 | $1.65 | $1.89 | $2.09 | $1.78 |
Trex Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $285.3M | $161.1M | $343.4M | $418.0M |
| Net Income | $51.8M | $2.3M | $61.4M | $61.9M |
| Diluted EPS | $0.48 | $0.02 | $0.58 | $0.60 |
Trex Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $121.7M | $141.1M | $12.3M | $2.0M | $1.3M | $3.8M |
| Current Assets | $322.0M | $401.1M | $286.8M | $172.3M | $318.9M | $310.4M |
| Total Assets | $770.5M | $920.3M | $933.7M | $932.9M | $1.32B | $1.45B |
| Current Liabilities | $106.4M | $88.7M | $290.6M | $91.1M | $342.5M | $250.7M |
| Total Liabilities | $182.0M | $195.3M | $415.4M | $216.2M | $474.2M | $419.2M |
| Shareholders' Equity | $588.5M | $725.0M | $518.3M | $716.7M | $850.1M | $1.03B |
Trex Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $187.3M | $258.1M | $216.2M | $389.4M | $143.9M | $358.1M |
| Cash From Investing | -$170.7M | -$158.0M | -$168.9M | -$166.1M | -$236.5M | -$233.2M |
| Cash From Financing | -$43.8M | -$80.7M | -$176.1M | -$233.7M | $91.9M | -$122.4M |
| Free Cash Flow | $14.5M | $98.7M | $40.0M | $223.3M | -$88.4M | $134.5M |
Figures from Trex's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Trex financials page for every line item.
Trex Company Profile
| Ticker | TREX |
|---|---|
| Exchange | NYSE |
| Industry | Lumber & Wood Products (No Furniture) |
| Headquarters | Winchester, Virginia |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001069878 |
Frequently Asked Questions
What was Trex's revenue in fiscal 2025?
Trex (TREX) reported revenue of $1.17B for fiscal 2025.
What is Trex's annual revenue history?
Trex's annual revenue by fiscal year: 2020: $880.8M; 2021: $1.20B; 2022: $1.11B; 2023: $1.09B; 2024: $1.15B; 2025: $1.17B.
What was Trex's net income in fiscal 2025?
Trex reported net income of $190.4M for fiscal 2025.
What was Trex's earnings per share (EPS) in fiscal 2025?
Trex's diluted EPS was $1.78 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Trex generate in fiscal 2025?
Trex generated $134.5M of free cash flow in fiscal 2025.
What was Trex's revenue last quarter?
In its most recent reported quarter (2026 Q2), Trex reported revenue of $418.0M.
How many shares of Trex are outstanding?
Trex reported a weighted average of 102.3 million basic shares outstanding in 2026 Q2.
What is Trex's market cap?
Based on its latest closing price, Trex (TREX) has a market capitalization of about $4.61B.
When does Trex's fiscal year end?
Trex's fiscal year end, as registered with the SEC, is December 31.
Where is Trex headquartered?
Trex lists its business address in Winchester, Virginia in its SEC filings.