TREX
$48.79+4.95%
Trex Company Inc.Stock · IndustrialsRussell 1000 · 0.007% of IWBRussell 3000 · 0.007% of IWVUS Stock Market · 0.007% of VTI
TREX financial statements
The full income statement, balance sheet, and cash-flow statement for Trex Company Inc. (TREX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 108.7M2024-09 107.1M2024-12 107.2M2025-03 107.2M2025-06 107.2M2025-09 107.3M2025-12 105.7M2026-03 103.9M2026-06 101.9M-6.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.17B+2.0% | 1.15B+5.2% | 1.09B-1.0% | 1.11B-7.6% | 1.20B+35.9% | |
| 460M-8.4% | 502M+11.3% | 451M+11.6% | 404M-12.3% | 461M+28.1% | ||
| Cost of revenue | 714M+10.0% | 650M+0.9% | 644M-8.3% | 702M-4.7% | 736M+41.3% | |
| Research & development | 4.20M+20.0% | 3.50M+6.1% | 3.30M+560.0% | 500K-91.7% | 6.00M+76.5% | |
| Selling, general & administrative | 202M+12.2% | 180M+2.2% | 176M+24.2% | 142M+1.6% | 140M+11.0% | |
| Amortization of intangibles | 700K+75.0% | 400K+0.0% | 400K+0.0% | 400K+0.0% | 400K+0.0% | |
| Operating income | 258M-19.9% | 322M+17.2% | 275M+11.3% | 247M-10.4% | 275M+17.9% | |
| Interest & investment income | — | 11.0K-84.9% | 73.0K-29.1% | 103K | — | |
| Net interest income | 0.00-100.0% | 11.0K+320.0% | -5.00K-104.9% | 103K+586.7% | 15.0K-98.5% | |
| Pre-tax income | 258M-19.9% | 322M+17.2% | 275M+11.2% | 247M-10.4% | 275M+17.4% | |
| Income tax | 67.5M-19.1% | 83.5M+18.4% | 70.5M+13.3% | 62.2M-6.7% | 66.7M+13.0% | |
| Net income | 190M-20.1% | 238M+16.8% | 204M+10.6% | 185M-11.6% | 209M+18.8% | |
| $1.78-19.1% | $2.20+17.0% | $1.88+13.9% | $1.65-8.3% | $1.80+19.2% | ||
| EPS (basic) | $1.78-19.1% | $2.20+17.0% | $1.88+13.9% | $1.65-8.8% | $1.81+19.1% | |
| Weighted-avg shares (basic) | 107M-1.1% | 108M-0.4% | 109M-2.7% | 112M-3.2% | 115M-0.4% | |
| Weighted-avg shares (diluted) | 107M-1.1% | 108M-0.4% | 109M-2.7% | 112M-3.4% | 116M-0.4% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 310M-15.8% | 369M+114.0% | 172M-39.9% | 287M-28.5% | 401M+24.6% | ||
| Cash & equivalents | 3.81M+194.7% | 1.29M-34.0% | 1.96M-84.1% | 12.3M-91.3% | 141M+15.9% | |
| Accounts receivable | 48.1M-45.6% | 88.4M+114.8% | 41.1M-58.0% | 98.1M-35.1% | 151M+41.5% | |
| Inventory | 239M-7.1% | 257M+139.9% | 107M-24.2% | 141M+68.8% | 83.8M+22.7% | |
| Prepaid expenses | 19.8M-9.7% | 22.0M-0.4% | 22.1M-37.1% | 35.1M+39.6% | 25.2M-0.6% | |
| Other current assets | 523K-16.3% | 625K-0.6% | 629K+85.5% | 339K-41.1% | 576K-56.5% | |
| 1.45B+5.8% | 1.37B+47.3% | 933M-0.1% | 934M+1.5% | 920M+19.4% | ||
| Property, plant & equipment | 1.05B+13.7% | 923M+30.1% | 709M+20.3% | 590M+28.1% | 460M+36.8% | |
| Operating lease right-of-use | 52.6M+0.8% | 52.2M+99.0% | 26.2M-15.4% | 31.0M-10.4% | 34.6M+0.5% | |
| Goodwill | 14.2M+0.0% | 14.2M | — | — | 14.2M-79.2% | |
| Intangible assets | 17.3M+121.1% | 7.83M | — | — | — | |
| Other non-current assets | 9.14M+10.4% | 8.28M+21.2% | 6.83M-7.6% | 7.40M+38.8% | 5.33M+36.3% | |
| 251M-26.8% | 342M+276.1% | 91.1M-68.7% | 291M+227.6% | 88.7M-16.6% | ||
| Accounts payable | 34.8M-43.3% | 61.3M+155.7% | 24.0M+20.2% | 19.9M-19.8% | 24.9M-35.6% | |
| Deferred revenue | — | — | — | 0.00-100.0% | 35.0K-97.0% | |
| Current lease liability | 12.1M+11.8% | 10.8M+40.9% | 7.66M+2.3% | 7.49M+6.0% | 7.07M+5.3% | |
| 419M-13.9% | 487M+125.2% | 216M-47.9% | 415M+112.7% | 195M+7.3% | ||
| Non-current lease liability | 41.8M-0.5% | 42.0M+122.8% | 18.8M-21.4% | 24.0M-15.2% | 28.3M-1.1% | |
| Operating lease liability (total) | 53.8M+2.0% | 52.8M+99.1% | 26.5M-15.8% | 31.5M-10.9% | 35.3M+0.1% | |
| Deferred tax liabilities | 85.8M+24.9% | 68.7M-5.1% | 72.4M+6.2% | 68.2M+55.2% | 44.0M+91.5% | |
| Other non-current liabilities | 16.6M+0.0% | 16.6M-0.0% | 16.6M+43.3% | 11.6M+0.0% | 11.6M | |
| 1.03B+16.6% | 887M+19.6% | 742M+36.2% | 545M-24.9% | 725M+23.2% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.41M+0.1% | 1.41M+0.1% | 1.41M+0.1% | 1.41M+0.1% | 1.41M+0.1% | |
| Additional paid-in capital | 155M+4.8% | 148M+5.7% | 140M+6.6% | 132M+2.9% | 128M+1.3% | |
| Retained earnings | 1.79B+11.9% | 1.60B+19.7% | 1.34B+18.2% | 1.13B+19.5% | 946M+28.3% | |
| Treasury stock | 912M+5.9% | 862M+13.3% | 761M+2.1% | 745M+112.8% | 350M+26.8% | |
| Total liabilities & equity | 1.45B+5.8% | 1.37B+47.3% | 933M-0.1% | 934M+1.5% | 920M+19.4% | |
| Common shares issued | 141M+0.1% | 141M+0.1% | 141M+0.1% | 141M+0.1% | 141M+0.1% | |
| Common shares outstanding | 106M-1.3% | 107M-1.3% | 109M-0.1% | 109M-5.6% | 115M-0.6% | |
| Shares outstanding (cover) | 106M-1.3% | 107M-1.3% | 109M-0.1% | 109M-5.1% | 115M-1.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 358M+148.8% | 144M-63.0% | 389M+80.1% | 216M-16.2% | 258M+37.8% | ||
| Depreciation & amortization | 63.0M+15.2% | 54.7M+8.9% | 50.2M+13.3% | 44.3M+23.2% | 35.9M+100.4% | |
| Intangible amortization | 700K+75.0% | 400K+0.0% | 400K+0.0% | 400K+0.0% | 400K+0.0% | |
| Share-based compensation | 9.12M-27.9% | 12.6M+24.3% | 10.2M+90.7% | 5.33M-36.8% | 8.44M+18.3% | |
| Deferred income taxes | 17.1M+239.9% | -12.2M-416.2% | 3.87M-84.1% | 24.3M+15.4% | 21.0M+60.1% | |
| Change in receivables | -40.3M-185.3% | 47.2M+183.0% | -56.9M-33.9% | -42.5M-195.9% | 44.3M+56.8% | |
| Change in inventory | -18.3M-115.7% | 116M+424.5% | -35.9M-155.7% | 64.5M+315.4% | 15.5M+27.9% | |
| Change in payables | 6.88M+939.8% | -819K-130.4% | 2.70M+148.2% | -5.59M-61.1% | -3.47M-130.6% | |
| -233M+1.4% | -237M-42.4% | -166M+1.7% | -169M-6.9% | -158M+7.4% | ||
| Capital expenditure | 224M-3.8% | 232M+39.9% | 166M-5.8% | 176M+10.6% | 159M-7.8% | |
| Free cash flow | 135M+252.2% | -88.4M-139.6% | 223M+458.4% | 40.0M-59.5% | 98.7M+581.8% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 358K+237.7% | 106K | 0.00-100.0% | 54.0K-96.0% | 1.35M-37.4% | |
| -122M-233.1% | 91.9M+139.3% | -234M-32.7% | -176M-118.2% | -80.7M-84.3% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 54.5M-48.6% | 106M+474.2% | 18.4M-95.4% | 398M+383.0% | 82.5M+83.9% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 2.52M+477.1% | -667K+93.6% | -10.4M+91.9% | -129M-765.2% | 19.4M+171.3% | |
| Interest paid | 0.00 | 0.00-100.0% | 51.0K | 0.00 | 0.00 | |
| Income taxes paid | 50.1M-41.2% | 85.2M+62.7% | 52.3M-12.7% | 59.9M+55.2% | 38.6M-23.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 3.71B-49.9% | 7.40B-17.7% | 8.99B+93.5% | 4.65B-70.0% | 15.5B+59.6% | |
| P/E | 19.5×-37.2% | 31.0×-33.2% | 46.5×+99.6% | 23.3×-68.6% | 74.1×+34.3% | |
| P/S | 3.2×-50.8% | 6.4×-22.0% | 8.2×+116.0% | 3.8×-70.5% | 12.9×+17.5% | |
| P/B | 3.6×-57.0% | 8.3×-35.9% | 13.0×+55.7% | 8.3×-60.9% | 21.3×+29.6% | |
| P/FCF | 27.6× | — | 113.7×+502.9% | 18.9×-88.0% | 156.8×-76.6% | |
| Earnings yield | 5.1%+59.3% | 3.2%+49.8% | 2.2%-49.9% | 4.3%+218.5% | 1.3%-25.5% | |
| FCF yield | 3.6% | — | 0.88%-83.4% | 5.3%+731.6% | 0.64%+327.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TREX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TREX filings on SEC EDGAR → Not investment advice.