Trex Financial Statements
NYSE: TREXBasic MaterialsForest ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Trex revenue and earnings
In fiscal 2025, Trex generated $1.17 billion in revenue, up 2.0% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $190.4 million (-20.1% year over year), for a net margin of 16.2% versus a median of 18.6% in the prior 5 years. Gross margin was 39.2% (down from 43.6%) and operating margin 22.0%.
Diluted earnings per share came in at $1.78, down from $2.20. Over the last 5 fiscal years, TREX's revenue has grown at a 5.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Trex income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.17B | 1.15B | 1.09B | 1.11B | 1.20B | 880.83M | 745.35M | 684.25M | 565.15M | 479.62M |
| Revenue growth (YoY) | +1.98% | +5.17% | -1.01% | -7.60% | +35.89% | +18.18% | +8.93% | +21.07% | +17.83% | +8.80% |
| Cost of Revenue | 714.30M | 649.55M | 644.04M | 702.05M | 736.45M | 521.37M | 438.84M | 389.36M | 321.78M | 292.52M |
| Gross Profit | 459.96M | 501.90M | 450.80M | 403.99M | 460.50M | 359.46M | 306.50M | 294.89M | 243.37M | 187.09M |
| Operating Expenses | 202.00M | 180.00M | 176.20M | 157.25M | 185.13M | 125.82M | 118.30M | 118.22M | 100.99M | 83.14M |
| Research & Development | 4.20M | 3.50M | 3.30M | 500.00K | 6.00M | 3.40M | 3.40M | 4.50M | 3.80M | 3.70M |
| Selling, General & Admin | 202.00M | 180.00M | 176.20M | 141.83M | 139.62M | 125.82M | 118.30M | 118.22M | 100.99M | 83.14M |
| Operating Income | 257.96M | 321.90M | 274.59M | 246.74M | 275.38M | 233.63M | 188.20M | 176.67M | 142.38M | 103.95M |
| Interest Expense | — | 0 | 78.00K | 0 | — | — | — | — | 461.00K | 1.13M |
| Pretax Income | 257.96M | 321.91M | 274.59M | 246.84M | 275.39M | 234.63M | 189.70M | 176.86M | 141.92M | 102.83M |
| Income Tax | 67.55M | 83.47M | 70.47M | 62.21M | 66.65M | 59.00M | 44.96M | 42.29M | 46.79M | 34.98M |
| Net Income | 190.41M | 238.45M | 204.12M | 184.63M | 208.74M | 175.63M | 144.74M | 134.57M | 95.13M | 67.85M |
| Net Income growth (YoY) | -20.14% | +16.82% | +10.56% | -11.55% | +18.85% | +21.34% | +7.55% | +41.46% | +40.21% | +41.06% |
| EPS (Basic) | 1.78 | 2.20 | 1.88 | 1.65 | 1.81 | 1.52 | 1.24 | 1.15 | 1.62 | 1.16 |
| EPS (Diluted) | 1.78 | 2.20 | 1.88 | 1.65 | 1.80 | 1.51 | 1.24 | 1.14 | 1.61 | 1.15 |
| Shares Outstanding (Basic) | 107.01M | 108.19M | 108.68M | 111.71M | 115.46M | 115.89M | 116.86M | 117.48M | 58.79M | 58.79M |
| Shares Outstanding (Diluted) | 107.10M | 108.32M | 108.81M | 111.88M | 115.76M | 116.25M | 117.32M | 118.13M | 59.15M | 59.23M |
| EBITDA | 320.92M | 376.57M | 324.78M | 291.03M | 311.32M | 251.57M | 202.23M | 193.27M | 159.24M | 118.45M |
| Gross Margin | 39.17% | 43.59% | 41.17% | 36.53% | 38.47% | 40.81% | 41.12% | 43.10% | 43.06% | 39.01% |
| Operating Margin | 21.97% | 27.96% | 25.08% | 22.31% | 23.01% | 26.52% | 25.25% | 25.82% | 25.19% | 21.67% |
| Net Margin | 16.22% | 20.71% | 18.64% | 16.69% | 17.44% | 19.94% | 19.42% | 19.67% | 16.83% | 14.15% |
This table shows 10 annual periods of Trex's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TREX's reporting calendar. What is a income statement?