Zacks Investment Research·Jun 23, 2026
Zacks Industry Outlook Weyerhaeuser, Trex and WorthingtonWeyerhaeuser, Trex and Worthington have been highlighted in this Industry Outlook article.
Trex Company, Inc.(TREX)Earnings, Financials & Key Ratios
TREX•NYSE
$48.69
27.4× P/E·Price updated Jul 2, 2026
AboutTrex Company, Inc. manufactures and distributes decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. The company operates in two segments, Trex Residential and Trex Commercial. It offers decking products under the names Trex Transcend, Trex Select, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps. The company also provides Trex Transcend Railing products that are used in Trex decking products and other decking materials; Trex Select Railing products for a simple clean finished look; Trex Enhance Railing system; and Trex Signature aluminum railing for a contemporary look. In addition, it offers Trex Seclusions, a fencing product that includes structural posts, bottom and top rails, pickets, and decorative post caps. In addition, it designs, engineers, and markets architectural and aluminum railing systems, and staging equipment and accessories for the commercial market, as well as sports stadiums and performing arts venues. Further, the company acts as a licensor in various licensing agreements with third parties to manufacture and sell products under the Trex name, including Trex Outdoor Furniture; Trex RainEscape, an above joist deck drainage system; Trex Pergola, a cellular PVC product; Trex Latticeworks outdoor lattice boards; Trex Cornhole boards; Diablo Trex Blade, a saw blade for wood-alternative composite decking; Trex SpiralStairs and structural steel posts; and Trex Outdoor Kitchens, Cabinetry, and Storage products. It sells its products through wholesale distributors, retail lumber dealers, and Home Depot and Lowe's stores, as well as through its direct sales staff, independent sales representatives, and bidding on projects. Trex Company, Inc. was founded in 1996 and is headquartered in Winchester, Virginia.Show more
- Revenue$1.17B+2.0%
- EBITDA$321M-10.9%
- Net Income$190M-15.9%
- EPS (Diluted)1.78-14.8%
- Gross Margin39.17%-7.1%
- EBITDA Margin27.33%-12.7%
- Operating Margin21.97%-17.2%
- Net Margin16.22%-17.5%
- ROE20.21%-30.1%
TREX Price & Volume
Trex Company, Inc. (TREX) stock price & volume — 10-year historical chart
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Stagnant Revenue Growth Masks Rising Liquidity Risks
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Moderate
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Liquidity and seasonal volatility
Key Thesis Takeaways
- Trex faces a challenging transition as post-pandemic demand plateaus, evidenced by a modest 1.0% year-over-year revenue growth in 2026Q1.
- The company's reliance on a $1.1 billion net PPE base necessitates high capacity utilization, yet structural margin compression to 40.5% suggests ongoing pressure from input costs and operational inefficiencies.
- Investors should remain cautious as the combination of a $435.2 million debt load and a precarious $4.5 million cash balance limits the company's financial flexibility during this cyclical downturn.
Verdict Logic
the company's current ratio of 1.02 and dwindling cash reserves of $4.5 million present significant liquidity risks that outweigh the current 27.93 P/E valuation.
TREX Growth Metrics
Trex Company, Inc. (TREX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years10.29%
5 Years5.92%
3 Years2.02%
TTM5.36%
Profit CAGR
10 Years14.75%
5 Years1.63%
3 Years1.03%
TTM-3.22%
EPS CAGR
10 Years16.7%
5 Years3.34%
3 Years2.56%
TTM-1.65%
Return on Capital
10 Years43.22%
5 Years32.85%
3 Years31.31%
Last Year23.22%
TREX Recent Earnings
Trex Company, Inc. (TREX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.59+15.7%
$0.51
Rev
$343M+1.0%
$340M
Q1 2026
Feb 24, 2026Metric
Actual
Est
EPS
$0.04+382.3%
$0.01
Rev
$161M+11.6%
$144M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.51-10.1%
$0.57
Rev
$285M-5.4%
$302M
Q3 2025
Aug 4, 2025Metric
Actual
Est
EPS
$0.74+2.8%
$0.72
Rev
$388M+28.0%
$303M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.59vs $0.51+15.7% | $343Mvs $340M+1.0% |
| Q1 2026 | Feb 24, 2026 | $0.04vs $0.01+382.3% | $161Mvs $144M+11.6% |
| Q4 2025 | Nov 4, 2025 | $0.51vs $0.57-10.1% | $285Mvs $302M-5.4% |
| Q3 2025 | Aug 4, 2025 | $0.74vs $0.72+2.8% | $388Mvs $303M+28.0% |
Based on last 12 quarters of dataView full earnings history →
Latest TREX News
Recent stock market news and headlines for Trex Company, Inc. (TREX)
Seeking Alpha·Jun 21, 2026
New Trex CEO Has Mandate For Growth And InnovationTrex is rebounding with a new CEO and a five-year growth strategy focused on innovation, marketing, and market share expansion. TREX targets a $2B revenue goal by 2030, leveraging its competitive moat, recycled-material cost advantage, and untapped market conversion from wood. I project a price target range of $55–$67, reflecting 20–47% upside, as the market is not pricing in new product innovations or staycation-driven demand.
Zacks Investment Research·Jun 19, 2026
3 Wood Stocks Positioned to Thrive Through Industry ChallengesMore infrastructure spending, a focus on product innovation and efficient cost management are encouraging for the Zacks Building Products - Wood industry players like WY, TREX and WOR despite a challenging macroeconomic backdrop.
Business Wire·Jun 17, 2026
Trex Announces its 2025 Sustainability Report, ‘For Today and Tomorrow'WINCHESTER, Va.--(BUSINESS WIRE)--As Trex Company, Inc. (NYSE:TREX) celebrates 30 years of innovation and impact, the company today announced the release of its 2025 Sustainability Report. Trex was the first company to bring wood composite decking to the market, creating an entirely new category of circular decking. Over the past three decades, many have imitated, but Trex remains the global leader, continuing to define and perfect composite decking made from 95% recycled and reclaimed wood and.
Peers Comparison
Key metrics vs top competitors for Trex Company, Inc. (TREX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $48.69 | $5.06B | 27.35 | 1.98% | 16.22% | 20.21% | — | |
| $18.54 | $2.14B | 24.08 | -21.79% | 3.94% | 99.46% | — | |
| $89.15 | $5.06B | 17.83 | -4.99% | 4.27% | 8.41% | — | |
| $78.66 | $5.5B | 37.82 | -7.92% | 3.2% | 4.72% | — | |
| $119.86 | $7.34B | 20.21 | -0.48% | 3.77% | 4.96% | — | |
| $158.15 | $6.75B | 22.34 | 12.11% | 18.59% | 34.81% | — |
Compare TREX vs Peers
Trex Company, Inc. (TREX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TREX SEC Filings & Documents
Trex Company, Inc. (TREX) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 7, 2026·SEC
Material company update
May 4, 2026·SEC
Material company update
Apr 1, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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TREX Frequently Asked Questions
Trex Company, Inc. (TREX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Trex Company, Inc.'s revenue?
Trex Company, Inc. (TREX) reported $1.18B in revenue for fiscal year 2025. This represents a 3354% increase from $34.1M in 1997.
How fast is Trex Company, Inc. growing?
Trex Company, Inc. (TREX) grew revenue by 2.0% over the past year. Growth has been modest.
Is TREX profitable?
Yes, Trex Company, Inc. (TREX) is profitable, generating $191.4M in net income for fiscal year 2025 (16.2% net margin).
Dividend & Returns
What is TREX's return on equity?
Trex Company, Inc. (TREX) has a return on equity (ROE) of 20.2%. This is excellent, indicating efficient use of shareholder capital.
What is Trex Company, Inc.'s free cash flow?
Trex Company, Inc. (TREX) generated $239.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.