Trex (TREX) Financials

$55.65 +2.23 (+4.17%)

Closing price 04/17/2025 03:59 PM Eastern

Extended Trading

$54.74 -0.91 (-1.64%)

As of 04/17/2025 04:26 PM Eastern

Annual Income Statements for Trex

This table shows Trex's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	48	68	95	135	145	176	209	185	205	226
Consolidated Net Income / (Loss)	48	68	95	135	145	176	209	185	205	226
Net Income / (Loss) Continuing Operations	48	68	95	135	145	176	209	185	205	226
Total Pre-Tax Income	77	103	142	177	190	235	275	247	276	306
Total Operating Income	77	104	142	177	188	234	275	247	276	306
Total Gross Profit	155	187	243	295	307	359	461	404	452	486
Total Revenue	441	480	565	684	745	881	1,197	1,106	1,095	1,151
Operating Revenue	441	480	565	684	745	881	1,197	1,106	1,095	1,151
Total Cost of Revenue	286	293	322	389	439	521	736	702	642	666
Operating Cost of Revenue	286	293	322	389	439	521	736	702	642	666
Total Operating Expenses	77	83	101	118	118	126	185	142	176	180
Selling, General & Admin Expense	77	83	101	118	118	126	140	142	176	180
Total Other Income / (Expense), net	-0.62	-1.13	-0.46	0.19	1.50	1.00	0.02	-15	-0.01	0.01
Interest Expense	0.62	1.13	0.46	-0.19	-1.50	-1.00	-0.02	-0.10	0.01	-0.01
Other Income / (Expense), net	-	-	-	-	-	-	0.00	-15	0.00	0.00
Income Tax Expense	29	35	47	42	45	59	67	62	71	79
Basic Earnings per Share	$1.53	$1.16	$1.62	$1.15	$1.24	$1.52	$1.81	$1.65	$1.89	$2.09
Weighted Average Basic Shares Outstanding	31.35M	58.79M	58.79M	117.48M	116.86M	115.89M	115.46M	111.71M	108.68M	108.19M
Diluted Earnings per Share	$1.52	$1.15	$1.61	$1.14	$1.24	$1.51	$1.80	$1.65	$1.89	$2.09
Weighted Average Diluted Shares Outstanding	31.68M	59.23M	59.15M	118.13M	117.32M	116.25M	115.76M	111.88M	108.81M	108.32M
Weighted Average Basic & Diluted Shares Outstanding	31.40M	29.40M	58.70M	58.80M	58.19M	115.80M	114.61M	108.76M	108.62M	107.16M

This table shows Trex's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	14	10	41	77	65	22	89	87	41	9.77
Consolidated Net Income / (Loss)	14	10	41	77	65	22	89	87	41	9.77
Net Income / (Loss) Continuing Operations	14	10	41	77	65	22	89	87	41	9.77
Total Pre-Tax Income	19	15	55	103	87	31	119	117	54	15
Total Operating Income	19	15	57	105	86	28	119	117	54	15
Total Gross Profit	46	65	94	156	131	71	170	168	93	55
Total Revenue	188	192	239	357	304	196	374	376	234	168
Operating Revenue	188	192	239	357	304	196	374	376	234	168
Total Cost of Revenue	142	127	144	200	173	125	204	208	141	113
Operating Cost of Revenue	142	127	144	200	173	125	204	208	141	113
Total Operating Expenses	27	35	37	52	45	43	51	51	39	39
Selling, General & Admin Expense	27	35	37	52	45	43	51	51	39	39
Total Other Income / (Expense), net	0.00	-15	-1.99	-1.31	0.73	2.55	0.01	0.00	0.01	0.00
Interest Expense	0.00	-0.00	1.99	1.31	-0.73	-2.55	-0.01	0.00	-0.01	-0.00
Income Tax Expense	4.93	4.55	14	26	22	8.73	30	30	14	5.68
Basic Earnings per Share	$0.13	$0.11	$0.38	$0.71	$0.60	$0.20	$0.82	$0.80	$0.37	$0.10
Weighted Average Basic Shares Outstanding	110.14M	111.71M	108.77M	108.77M	108.58M	108.68M	108.64M	108.69M	108.26M	108.19M
Diluted Earnings per Share	$0.13	$0.11	$0.38	$0.71	$0.60	$0.20	$0.82	$0.80	$0.37	$0.10
Weighted Average Diluted Shares Outstanding	110.30M	111.88M	108.92M	108.87M	108.70M	108.81M	108.79M	108.81M	108.38M	108.32M
Weighted Average Basic & Diluted Shares Outstanding	109.74M	108.76M	108.80M	108.56M	108.60M	108.62M	108.69M	108.71M	107.14M	107.16M

This table details how cash moves in and out of Trex's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-3.55	13	12	75	43	-27	19	-129	-10	-0.67
Net Cash From Operating Activities	63	85	102	138	156	187	258	216	389	144
Net Cash From Continuing Operating Activities	63	85	102	138	156	187	258	216	389	144
Net Income / (Loss) Continuing Operations	48	68	95	135	145	176	209	185	205	226
Consolidated Net Income / (Loss)	48	68	95	135	145	176	209	185	205	226
Depreciation Expense	14	14	17	17	14	18	36	44	50	55
Non-Cash Adjustments To Reconcile Net Income	2.09	4.32	6.52	5.99	7.00	7.13	63	21	13	15
Changes in Operating Assets and Liabilities, net	-1.94	-1.37	-17	-19	-9.41	-13	-49	-33	121	-153
Net Cash From Investing Activities	-23	-10	-87	-34	-67	-171	-158	-169	-166	-237
Net Cash From Continuing Investing Activities	-23	-10	-87	-34	-67	-171	-158	-169	-166	-237
Purchase of Property, Plant & Equipment	-23	-15	-15	-34	-67	-173	-159	-176	-166	-232
Acquisitions	-0.03	-	-72	-	-	-	-	0.00	0.00	-4.30
Sale of Property, Plant & Equipment	0.04	4.35	0.06	0.08	0.02	2.17	1.36	0.05	0.00	0.11
Divestitures	-	-	-	-	-	0.00	0.00	7.29	0.00	0.00
Net Cash From Financing Activities	-43	-62	-3.23	-29	-46	-44	-81	-176	-234	92
Net Cash From Continuing Financing Activities	-43	-62	-3.23	-29	-46	-44	-81	-176	-234	92
Repayment of Debt	-219	-250	-201	-172	-90	-276	-495	-203	-810	-645
Repurchase of Common Equity	-53	-55	-3.62	-30	-47	-45	-82	-398	-18	-106
Issuance of Debt	226	243	201	172	90	276	495	425	594	842
Issuance of Common Equity	0.32	0.28	0.39	0.88	1.09	1.45	1.80	1.74	1.22	1.28
Other Financing Activities, net	3.15	-	-	-	-	-	0.00	-1.42	0.03	-0.50
Cash Interest Paid	0.63	0.85	0.42	0.66	0.00	0.00	0.00	0.00	0.05	0.00
Cash Income Taxes Paid	26	29	45	48	40	51	39	60	52	85

This table details how cash moves in and out of Trex's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-11	6.44	-8.41	0.31	0.42	-2.69	1.09	-1.88	12	-12
Net Cash From Operating Activities	54	-28	-115	223	180	101	-174	194	133	-8.47
Net Cash From Continuing Operating Activities	54	-28	-115	223	180	101	-174	194	133	-8.47
Net Income / (Loss) Continuing Operations	14	10	41	77	65	22	89	87	41	9.77
Consolidated Net Income / (Loss)	14	10	41	77	65	22	89	87	41	9.77
Depreciation Expense	11	11	12	12	13	13	14	13	14	13
Non-Cash Adjustments To Reconcile Net Income	0.44	17	2.09	3.16	3.04	4.96	5.40	4.10	2.47	3.50
Changes in Operating Assets and Liabilities, net	28	-67	-171	131	99	61	-283	89	76	-35
Net Cash From Investing Activities	-42	-61	-39	-43	-31	-53	-38	-35	-78	-85
Net Cash From Continuing Investing Activities	-42	-61	-39	-43	-31	-53	-38	-35	-78	-85
Purchase of Property, Plant & Equipment	-42	-68	-39	-43	-31	-53	-38	-35	-78	-81
Net Cash From Financing Activities	-24	95	146	-180	-149	-51	213	-160	-43	82
Net Cash From Continuing Financing Activities	-24	95	146	-180	-149	-51	213	-160	-43	82
Repayment of Debt	-80	-123	-53	-293	-329	-135	-41	-340	-163	-101
Repurchase of Common Equity	-100	-50	-1.59	-17	-0.25	-0.01	-5.15	-0.43	-50	-50
Issuance of Debt	156	269	201	130	180	84	259	180	170	234
Issuance of Common Equity	0.43	0.36	0.32	0.32	0.29	0.30	0.40	0.34	0.27	0.28
Other Financing Activities, net	-0.00	-0.56	0.03	-	-	-	0.00	-	-	-0.50
Cash Income Taxes Paid	1.67	9.35	0.73	15	20	17	1.44	45	19	20

This table presents Trex's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	212	221	326	465	592	770	920	934	933	1,324
Total Current Assets	99	106	149	270	303	322	401	287	172	319
Cash & Equivalents	6.00	19	31	106	149	122	141	12	1.96	1.29
Accounts Receivable	47	48	67	91	78	107	151	98	41	88
Inventories, net	23	29	35	58	56	68	84	141	107	207
Prepaid Expenses	13	10	17	16	20	25	25	35	22	22
Plant, Property, & Equipment, net	101	103	103	117	171	337	460	590	709	923
Total Noncurrent Assets	12	12	74	78	118	112	59	57	51	83
Goodwill	11	11	71	75	-	74	19	19	18	22
Other Noncurrent Operating Assets	1.52	1.97	3.00	3.25	44	38	40	38	33	60
Total Liabilities & Shareholders' Equity	212	221	326	465	592	770	920	934	933	1,324
Total Liabilities	96	87	95	122	143	182	195	415	216	474
Total Current Liabilities	60	51	63	93	79	106	89	291	91	342
Short-Term Debt	7.00	0.00	-	-	-	-	0.00	222	5.50	203
Accounts Payable	18	11	9.95	31	15	39	25	20	24	61
Accrued Expenses	36	41	53	62	63	68	64	49	62	79
Total Noncurrent Liabilities	35	36	32	29	64	76	107	125	125	132
Noncurrent Deferred & Payable Income Tax Liabilities	4.60	0.89	1.29	2.13	9.83	23	44	68	72	56
Other Noncurrent Operating Liabilities	30	35	31	27	55	53	63	57	53	76
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	116	134	231	343	449	589	725	518	717	850
Total Preferred & Common Equity	116	134	231	343	449	589	725	518	717	850
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	116	134	231	343	449	589	725	518	717	850
Common Stock	117	120	122	125	125	127	129	133	142	150
Retained Earnings	119	187	282	417	562	737	946	1,131	1,336	1,562
Treasury Stock	-120	-174	-174	-199	-237	-276	-350	-745	-761	-862

This table presents Trex's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	842	1,133	1,070	997	1,293	1,270	1,267
Total Current Assets	245	459	369	273	513	434	353
Cash & Equivalents	5.89	3.92	4.23	4.64	3.05	1.17	13
Accounts Receivable	89	302	267	201	373	270	140
Inventories, net	132	128	74	60	124	149	188
Prepaid Expenses	19	26	24	7.13	13	14	12
Plant, Property, & Equipment, net	536	618	646	671	730	774	853
Total Noncurrent Assets	60	56	55	53	50	62	62
Goodwill	19	18	18	18	18	18	19
Other Noncurrent Operating Assets	41	38	36	34	32	44	42
Total Liabilities & Shareholders' Equity	842	1,133	1,070	997	1,293	1,270	1,267
Total Liabilities	285	573	446	305	489	375	379
Total Current Liabilities	181	448	323	182	369	244	251
Short-Term Debt	76	370	206	57	223	63	70
Accounts Payable	22	23	32	32	49	59	61
Accrued Expenses	83	55	85	94	97	122	120
Total Noncurrent Liabilities	105	125	123	123	120	131	128
Noncurrent Deferred & Payable Income Tax Liabilities	44	68	68	68	67	67	67
Other Noncurrent Operating Liabilities	61	57	55	55	52	63	61
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	557	560	624	692	804	895	888
Total Preferred & Common Equity	557	560	624	692	804	895	888
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	557	560	624	692	804	895	888
Common Stock	131	134	136	138	140	144	147
Retained Earnings	1,121	1,172	1,249	1,314	1,425	1,512	1,553
Treasury Stock	-695	-745	-761	-761	-761	-761	-811

This table displays calculated financial ratios and metrics derived from Trex's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.55%	8.80%	17.83%	21.07%	8.93%	18.18%	35.89%	-7.60%	-1.01%	5.17%
EBITDA Growth	10.55%	29.05%	34.43%	21.37%	4.64%	24.40%	23.75%	-11.47%	18.43%	10.40%
EBIT Growth	14.12%	34.30%	36.96%	24.08%	6.53%	24.14%	17.87%	-16.00%	19.41%	10.67%
NOPAT Growth	15.26%	41.46%	39.14%	40.85%	6.82%	21.79%	19.35%	-11.58%	11.29%	10.22%
Net Income Growth	15.84%	41.06%	40.21%	41.46%	7.55%	21.34%	18.85%	-11.55%	11.24%	10.23%
EPS Growth	19.69%	41.06%	40.21%	41.46%	7.55%	21.77%	19.21%	-8.33%	14.55%	10.58%
Operating Cash Flow Growth	6.81%	36.18%	19.43%	35.59%	13.20%	19.79%	37.79%	-16.21%	80.10%	-63.04%
Free Cash Flow Firm Growth	-15.12%	102.42%	-85.55%	859.97%	-17.76%	-89.57%	990.80%	-55.77%	426.34%	-149.18%
Invested Capital Growth	13.12%	-1.68%	73.80%	18.20%	26.59%	55.43%	25.10%	24.67%	-1.07%	45.99%
Revenue Q/Q Growth	3.52%	1.29%	5.00%	2.66%	3.44%	7.77%	6.75%	-9.19%	0.33%	-2.38%
EBITDA Q/Q Growth	4.83%	5.94%	4.43%	2.96%	7.51%	5.83%	-6.85%	-9.98%	4.98%	-3.28%
EBIT Q/Q Growth	6.21%	6.67%	4.07%	4.07%	8.04%	5.38%	-9.15%	-11.90%	5.14%	-3.98%
NOPAT Q/Q Growth	6.52%	6.97%	6.27%	5.07%	7.67%	4.91%	-7.99%	-7.49%	5.11%	-4.35%
Net Income Q/Q Growth	6.50%	7.18%	6.34%	5.38%	7.68%	4.65%	-8.05%	-7.49%	6.14%	-5.11%
EPS Q/Q Growth	4.83%	7.18%	6.34%	5.38%	7.68%	4.14%	-8.63%	-8.84%	5.00%	-4.57%
Operating Cash Flow Q/Q Growth	145.93%	-36.38%	7.74%	11.03%	28.43%	168.02%	-10.34%	-44.47%	49.75%	-43.25%
Free Cash Flow Firm Q/Q Growth	1,702.97%	-41.45%	652.51%	5.68%	24.95%	112.53%	8.92%	-83.09%	171.40%	-398.65%
Invested Capital Q/Q Growth	-23.71%	18.36%	7.90%	7.19%	3.47%	-10.91%	-12.42%	16.18%	-3.13%	11.26%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.13%	39.01%	43.06%	43.10%	41.12%	40.81%	38.47%	36.53%	41.32%	42.18%
EBITDA Margin	20.82%	24.70%	28.18%	28.24%	27.13%	28.56%	26.01%	24.92%	29.81%	31.29%
Operating Margin	17.56%	21.67%	25.19%	25.82%	25.25%	26.52%	23.01%	22.31%	25.23%	26.55%
EBIT Margin	17.56%	21.67%	25.19%	25.82%	25.25%	26.52%	23.01%	20.91%	25.23%	26.55%
Profit (Net Income) Margin	10.91%	14.15%	16.83%	19.67%	19.42%	19.94%	17.44%	16.69%	18.76%	19.66%
Tax Burden Percent	62.64%	65.98%	67.03%	76.09%	76.30%	74.85%	75.80%	74.80%	74.36%	74.06%
Interest Burden Percent	99.20%	98.92%	99.68%	100.11%	100.80%	100.43%	100.01%	106.71%	100.00%	100.00%
Effective Tax Rate	37.36%	34.02%	32.97%	23.91%	23.70%	25.15%	24.20%	25.20%	25.64%	25.94%
Return on Invested Capital (ROIC)	43.82%	58.88%	60.36%	61.38%	53.42%	45.59%	39.73%	28.13%	28.36%	25.56%
ROIC Less NNEP Spread (ROIC-NNEP)	52.90%	67.29%	61.62%	61.17%	52.52%	45.04%	39.72%	28.36%	28.36%	25.56%
Return on Net Nonoperating Assets (RNNOA)	-1.97%	-4.74%	-8.29%	-14.51%	-16.88%	-11.74%	-7.94%	1.57%	4.90%	3.34%
Return on Equity (ROE)	41.85%	54.14%	52.07%	46.87%	36.54%	33.85%	31.78%	29.70%	33.26%	28.90%
Cash Return on Invested Capital (CROIC)	31.50%	60.58%	6.45%	44.70%	29.95%	2.19%	17.43%	6.17%	29.44%	-11.84%
Operating Return on Assets (OROA)	37.96%	47.97%	52.00%	44.65%	35.60%	34.29%	32.57%	24.95%	29.59%	27.08%
Return on Assets (ROA)	23.59%	31.31%	34.74%	34.01%	27.38%	25.78%	24.69%	19.92%	22.01%	20.06%
Return on Common Equity (ROCE)	41.85%	54.14%	52.07%	46.87%	36.54%	33.85%	31.78%	29.70%	33.26%	28.90%
Return on Equity Simple (ROE_SIMPLE)	41.30%	50.57%	41.14%	39.24%	32.22%	29.84%	28.79%	35.62%	28.66%	26.63%
Net Operating Profit after Tax (NOPAT)	48	69	95	134	144	175	209	185	205	226
NOPAT Margin	11.00%	14.30%	16.89%	19.65%	19.27%	19.85%	17.44%	16.69%	18.76%	19.66%
Net Nonoperating Expense Percent (NNEP)	-9.08%	-8.41%	-1.26%	0.21%	0.90%	0.55%	0.01%	-0.22%	0.00%	-0.01%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	24.93%	28.44%	21.50%
Cost of Revenue to Revenue	64.87%	60.99%	56.94%	56.90%	58.88%	59.19%	61.53%	63.47%	58.68%	57.82%
SG&A Expenses to Revenue	17.57%	17.33%	17.87%	17.28%	15.87%	14.28%	11.67%	12.82%	16.09%	15.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.57%	17.33%	17.87%	17.28%	15.87%	14.28%	15.47%	12.82%	16.09%	15.63%
Earnings before Interest and Taxes (EBIT)	77	104	142	177	188	234	275	231	276	306
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	92	118	159	193	202	252	311	276	326	360
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	10.08	14.11	13.79	10.17	11.67	16.47	21.44	8.96	12.55	8.70
Price to Tangible Book Value (P/TBV)	11.08	15.31	19.94	12.99	13.98	18.83	22.02	9.29	12.87	8.93
Price to Revenue (P/Rev)	2.66	3.95	5.64	5.10	7.03	11.01	12.99	4.20	8.21	6.42
Price to Earnings (P/E)	24.41	27.90	33.53	25.92	36.23	55.19	74.47	25.16	43.77	32.67
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.10%	3.58%	2.98%	3.86%	2.76%	1.81%	1.34%	3.97%	2.28%	3.06%
Enterprise Value to Invested Capital (EV/IC)	10.00	16.23	15.74	14.25	16.96	20.50	26.38	6.67	12.49	7.23
Enterprise Value to Revenue (EV/Rev)	2.67	3.91	5.59	4.94	6.84	10.87	12.87	4.39	8.22	6.60
Enterprise Value to EBITDA (EV/EBITDA)	12.80	15.82	19.84	17.50	25.19	38.05	49.48	17.62	27.56	21.08
Enterprise Value to EBIT (EV/EBIT)	15.18	18.03	22.19	19.14	27.07	40.97	55.94	20.99	32.56	24.85
Enterprise Value to NOPAT (EV/NOPAT)	24.24	27.33	33.10	25.16	35.48	54.73	73.80	26.31	43.79	33.56
Enterprise Value to Operating Cash Flow (EV/OCF)	18.76	21.98	31.01	24.49	32.58	51.11	59.69	22.45	23.10	52.79
Enterprise Value to Free Cash Flow (EV/FCFF)	33.71	26.56	309.75	34.55	63.27	1,140.17	168.20	119.86	42.19	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.43	0.01	0.24
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.04	-0.07	-0.13	-0.24	-0.32	-0.26	-0.20	0.06	0.17	0.13
Leverage Ratio	1.77	1.73	1.50	1.38	1.33	1.31	1.29	1.49	1.51	1.44
Compound Leverage Factor	1.76	1.71	1.49	1.38	1.35	1.32	1.29	1.59	1.51	1.44
Debt to Total Capital	5.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	29.99%	0.76%	19.25%
Short-Term Debt to Total Capital	5.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	29.99%	0.76%	19.25%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	94.33%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	70.01%	99.24%	80.76%
Debt to EBITDA	0.08	0.00	0.00	0.00	0.00	0.00	0.00	0.81	0.02	0.56
Net Debt to EBITDA	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.76	0.01	0.56
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.14	0.00	0.00	0.00	0.00	0.00	0.00	1.20	0.03	0.89
Net Debt to NOPAT	0.02	0.00	0.00	0.00	0.00	0.00	0.00	1.14	0.02	0.89
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	11.67	18.21	24.85	21.57	26.08	35.78	51.89	10.40	29.21	12.62
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.64	2.06	2.38	2.91	3.85	3.03	4.52	0.99	1.89	0.93
Quick Ratio	0.88	1.30	1.56	2.12	2.89	2.15	3.29	0.38	0.47	0.26
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	35	71	10	98	81	8.40	92	41	213	-105
Operating Cash Flow to CapEx	268.84%	836.04%	679.78%	409.45%	232.51%	109.75%	163.29%	122.73%	234.46%	61.98%
Free Cash Flow to Firm to Interest Expense	56.31	62.72	22.12	0.00	0.00	0.00	0.00	0.00	42,639.94	0.00
Operating Cash Flow to Interest Expense	101.19	75.82	220.97	0.00	0.00	0.00	0.00	0.00	77,884.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	63.55	66.75	188.46	0.00	0.00	0.00	0.00	0.00	44,666.20	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.16	2.21	2.06	1.73	1.41	1.29	1.42	1.19	1.17	1.02
Accounts Receivable Turnover	10.52	10.05	9.84	8.66	8.79	9.51	9.28	8.88	15.73	17.78
Inventory Turnover	12.21	11.33	10.20	8.43	7.71	8.39	9.69	6.24	5.17	4.24
Fixed Asset Turnover	4.42	4.70	5.48	6.21	5.17	3.47	3.00	2.11	1.69	1.41
Accounts Payable Turnover	15.14	20.53	31.06	18.98	18.95	19.36	23.20	31.34	29.27	15.62
Days Sales Outstanding (DSO)	34.69	36.31	37.11	42.15	41.53	38.37	39.31	41.11	23.20	20.52
Days Inventory Outstanding (DIO)	29.90	32.22	35.77	43.27	47.37	43.53	37.67	58.52	70.58	86.17
Days Payable Outstanding (DPO)	24.12	17.78	11.75	19.24	19.26	18.85	15.73	11.64	12.47	23.36
Cash Conversion Cycle (CCC)	40.47	50.75	61.13	66.19	69.64	63.05	61.25	87.98	81.31	83.33
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	117	115	201	237	300	467	584	728	720	1,051
Invested Capital Turnover	3.98	4.12	3.57	3.12	2.77	2.30	2.28	1.69	1.51	1.30
Increase / (Decrease) in Invested Capital	14	-1.97	85	37	63	166	117	144	-7.81	331
Enterprise Value (EV)	1,175	1,874	3,159	3,382	5,094	9,572	15,403	4,855	8,994	7,597
Market Capitalization	1,174	1,893	3,189	3,488	5,243	9,694	15,544	4,645	8,991	7,396
Book Value per Share	$3.77	$4.56	$7.86	$5.84	$7.70	$5.08	$6.30	$4.72	$6.60	$7.93
Tangible Book Value per Share	$3.43	$4.21	$5.44	$4.57	$6.43	$4.45	$6.13	$4.55	$6.43	$7.73
Total Capital	123	134	231	343	449	589	725	740	722	1,053
Total Debt	7.00	0.00	0.00	0.00	0.00	0.00	0.00	222	5.50	203
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	1.01	-19	-31	-106	-149	-122	-141	210	3.54	201
Capital Expenditures (CapEx)	23	10	15	34	67	171	158	176	166	232
Debt-free, Cash-free Net Working Capital (DFCFNWC)	40	36	56	72	76	94	171	206	85	178
Debt-free Net Working Capital (DFNWC)	46	54	86	177	225	216	312	218	87	179
Net Working Capital (NWC)	39	54	86	177	225	216	312	-3.76	81	-24
Net Nonoperating Expense (NNE)	0.39	0.74	0.31	-0.15	-1.15	-0.75	-0.01	-0.08	0.00	-0.01
Net Nonoperating Obligations (NNO)	1.01	-19	-31	-106	-149	-122	-141	210	3.54	201
Total Depreciation and Amortization (D&A)	14	14	17	17	14	18	36	44	50	55
Debt-free, Cash-free Net Working Capital to Revenue	8.98%	7.42%	9.87%	10.49%	10.16%	10.67%	14.31%	18.62%	7.74%	15.44%
Debt-free Net Working Capital to Revenue	10.34%	11.31%	15.27%	25.93%	30.12%	24.48%	26.10%	19.73%	7.92%	15.55%
Net Working Capital to Revenue	8.75%	11.31%	15.27%	25.93%	30.12%	24.48%	26.10%	-0.34%	7.42%	-2.05%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.19	$0.29	$0.41	$0.57	$0.62	$1.52	$1.81	$1.65	$1.89	$2.09
Adjusted Weighted Average Basic Shares Outstanding	250.80M	235.16M	235.14M	234.96M	233.72M	115.89M	115.46M	111.71M	108.68M	108.19M
Adjusted Diluted Earnings per Share	$0.19	$0.29	$0.40	$0.57	$0.62	$1.51	$1.80	$1.65	$1.89	$2.09
Adjusted Weighted Average Diluted Shares Outstanding	253.46M	236.90M	236.60M	236.27M	234.63M	116.25M	115.76M	111.88M	108.81M	108.32M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	238.77M	235.07M	235.43M	234.04M	232.77M	115.80M	114.61M	108.76M	108.62M	107.16M
Normalized Net Operating Profit after Tax (NOPAT)	48	69	95	134	144	175	243	185	205	226
Normalized NOPAT Margin	11.00%	14.30%	16.89%	19.65%	19.27%	19.85%	20.32%	16.69%	18.76%	19.66%
Pre Tax Income Margin	17.42%	21.44%	25.11%	25.85%	25.45%	26.64%	23.01%	22.32%	25.23%	26.55%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	125.05	92.40	308.85	0.00	0.00	0.00	0.00	0.00	55,240.80	0.00
NOPAT to Interest Expense	78.33	60.97	207.02	0.00	0.00	0.00	0.00	0.00	41,077.54	0.00
EBIT Less CapEx to Interest Expense	87.41	83.34	276.34	0.00	0.00	0.00	0.00	0.00	22,023.00	0.00
NOPAT Less CapEx to Interest Expense	40.69	51.90	174.52	0.00	0.00	0.00	0.00	0.00	7,859.74	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	110.84%	81.38%	3.80%	22.36%	32.16%	25.54%	39.51%	215.78%	8.98%	46.79%

This table displays calculated financial ratios and metrics derived from Trex's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-43.89%	-36.80%	-29.63%	-7.69%	61.21%	1.90%	56.52%	5.59%	-23.08%	-14.36%
EBITDA Growth	-71.47%	-37.09%	-34.68%	-9.36%	222.43%	60.30%	93.38%	11.37%	-31.65%	-29.71%
EBIT Growth	-80.27%	-51.95%	-40.02%	-11.07%	346.30%	92.34%	108.98%	11.58%	-37.12%	-45.06%
NOPAT Growth	-80.45%	-59.73%	-40.16%	-12.18%	348.70%	99.75%	109.00%	11.52%	-37.34%	-51.45%
Net Income Growth	-80.46%	-59.75%	-42.24%	-13.36%	352.51%	117.85%	116.55%	12.93%	-37.87%	-55.49%
EPS Growth	-79.69%	-50.00%	-38.71%	-10.13%	361.54%	81.82%	115.79%	12.68%	-38.33%	-50.00%
Operating Cash Flow Growth	-58.57%	-119.43%	-256.30%	92.27%	231.69%	459.19%	-50.73%	-13.24%	-26.43%	-108.37%
Free Cash Flow Firm Growth	179.04%	-45.41%	-251.29%	-178.10%	-195.60%	120.85%	96.66%	63.72%	-208.81%	-1,250.66%
Invested Capital Growth	-6.02%	24.67%	52.80%	32.08%	18.65%	-1.07%	10.62%	15.93%	27.11%	45.99%
Revenue Q/Q Growth	-51.20%	1.92%	24.27%	49.36%	-14.78%	-35.58%	90.88%	0.76%	-37.92%	-28.28%
EBITDA Q/Q Growth	-76.14%	-16.76%	168.45%	69.98%	-15.11%	-58.61%	223.84%	-2.11%	-47.90%	-57.44%
EBIT Q/Q Growth	-83.57%	-24.43%	289.44%	83.97%	-17.57%	-67.43%	323.14%	-1.77%	-53.55%	-71.54%
NOPAT Q/Q Growth	-83.76%	-30.14%	322.98%	83.05%	-17.04%	-68.90%	342.55%	-2.32%	-53.39%	-75.90%
Net Income Q/Q Growth	-83.78%	-30.14%	308.21%	87.29%	-15.28%	-66.37%	305.77%	-2.33%	-53.39%	-75.91%
EPS Q/Q Growth	-83.54%	-15.38%	245.45%	86.84%	-15.49%	-66.67%	310.00%	-2.44%	-53.75%	-72.97%
Operating Cash Flow Q/Q Growth	-53.15%	-151.79%	-309.86%	293.34%	-19.17%	-43.92%	-271.99%	211.29%	-31.46%	-106.38%
Free Cash Flow Firm Q/Q Growth	-65.22%	-345.65%	-106.97%	55.83%	57.43%	153.58%	-133.17%	-379.52%	-262.38%	-99.66%
Invested Capital Q/Q Growth	0.29%	16.18%	27.16%	-10.85%	-9.91%	-3.13%	42.19%	-6.58%	-1.22%	11.26%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	24.52%	34.09%	39.56%	43.88%	43.08%	36.09%	45.40%	44.65%	39.88%	32.66%
EBITDA Margin	16.35%	13.35%	28.85%	32.83%	32.70%	21.01%	35.64%	34.63%	29.06%	17.24%
Operating Margin	10.27%	7.61%	23.86%	29.38%	28.42%	14.37%	31.85%	31.05%	23.23%	9.22%
EBIT Margin	10.27%	7.61%	23.86%	29.38%	28.42%	14.37%	31.85%	31.05%	23.23%	9.22%
Profit (Net Income) Margin	7.65%	5.25%	17.23%	21.61%	21.48%	11.21%	23.84%	23.11%	17.35%	5.83%
Tax Burden Percent	74.53%	68.90%	74.83%	74.46%	74.93%	71.56%	74.84%	74.42%	74.67%	63.23%
Interest Burden Percent	100.00%	100.01%	96.51%	98.75%	100.85%	109.07%	100.00%	100.00%	100.01%	100.01%
Effective Tax Rate	25.47%	31.10%	25.17%	25.54%	25.07%	28.44%	25.16%	25.58%	25.33%	36.77%
Return on Invested Capital (ROIC)	14.41%	8.84%	23.44%	29.45%	33.93%	15.55%	30.07%	32.41%	24.24%	7.58%
ROIC Less NNEP Spread (ROIC-NNEP)	14.41%	8.85%	22.25%	28.40%	34.83%	17.26%	30.07%	32.41%	24.25%	7.58%
Return on Net Nonoperating Assets (RNNOA)	0.18%	0.49%	4.35%	4.16%	3.40%	2.98%	12.91%	5.63%	1.67%	0.99%
Return on Equity (ROE)	14.59%	9.33%	27.79%	33.60%	37.33%	18.52%	42.97%	38.04%	25.91%	8.57%
Cash Return on Invested Capital (CROIC)	37.05%	6.17%	-21.41%	-7.64%	11.47%	29.44%	15.75%	14.52%	4.16%	-11.84%
Operating Return on Assets (OROA)	13.93%	9.08%	22.79%	29.30%	33.74%	16.86%	32.29%	33.17%	24.21%	9.41%
Return on Assets (ROA)	10.38%	6.26%	16.46%	21.55%	25.50%	13.16%	24.17%	24.69%	18.08%	5.95%
Return on Common Equity (ROCE)	14.59%	9.33%	27.79%	33.60%	37.33%	18.52%	42.97%	38.04%	25.91%	8.57%
Return on Equity Simple (ROE_SIMPLE)	35.86%	0.00%	27.59%	22.88%	27.98%	0.00%	31.50%	29.42%	26.87%	0.00%
Net Operating Profit after Tax (NOPAT)	14	10	43	78	65	20	89	87	41	9.77
NOPAT Margin	7.65%	5.25%	17.85%	21.88%	21.30%	10.28%	23.84%	23.11%	17.35%	5.83%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	1.19%	1.05%	-0.90%	-1.71%	0.00%	0.00%	-0.01%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-	1.36%	-	-	-	2.79%	-	-	-	0.93%
Cost of Revenue to Revenue	75.48%	65.91%	60.44%	56.12%	56.92%	63.91%	54.60%	55.35%	60.12%	67.34%
SG&A Expenses to Revenue	14.25%	18.45%	15.70%	14.50%	14.66%	21.72%	13.54%	13.60%	16.64%	23.44%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.25%	18.45%	15.70%	14.50%	14.66%	21.72%	13.54%	13.60%	16.64%	23.44%
Earnings before Interest and Taxes (EBIT)	19	15	57	105	86	28	119	117	54	15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	31	26	69	117	99	41	133	130	68	29
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	8.71	8.96	9.45	11.44	9.67	12.55	13.47	9.00	8.15	8.70
Price to Tangible Book Value (P/TBV)	9.01	9.29	9.77	11.79	9.94	12.87	13.78	9.19	8.33	8.93
Price to Revenue (P/Rev)	3.98	4.20	5.26	7.31	6.13	8.21	8.81	6.45	6.14	6.42
Price to Earnings (P/E)	24.28	25.16	34.25	50.00	34.58	43.77	42.76	30.60	30.34	32.67
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.12%	3.97%	2.92%	2.00%	2.89%	2.28%	2.34%	3.27%	3.30%	3.06%
Enterprise Value to Invested Capital (EV/IC)	7.84	6.67	6.11	8.89	9.07	12.49	10.79	8.49	7.72	7.23
Enterprise Value to Revenue (EV/Rev)	4.04	4.39	5.63	7.52	6.18	8.22	8.99	6.50	6.18	6.60
Enterprise Value to EBITDA (EV/EBITDA)	16.05	17.62	22.24	30.26	21.69	27.56	28.29	20.09	19.58	21.08
Enterprise Value to EBIT (EV/EBIT)	18.72	20.99	27.11	37.48	25.67	32.56	32.67	23.17	22.91	24.85
Enterprise Value to NOPAT (EV/NOPAT)	24.64	26.31	36.29	50.55	34.51	43.79	43.89	31.12	30.82	33.56
Enterprise Value to Operating Cash Flow (EV/OCF)	12.62	22.45	210.60	54.73	25.93	23.10	33.41	26.95	28.77	52.79
Enterprise Value to Free Cash Flow (EV/FCFF)	20.51	119.86	0.00	0.00	85.83	42.19	72.00	62.73	207.78	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.14	0.43	0.66	0.33	0.08	0.01	0.28	0.07	0.08	0.24
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.01	0.06	0.20	0.15	0.10	0.17	0.43	0.17	0.07	0.13
Leverage Ratio	1.41	1.49	1.64	1.55	1.47	1.51	1.78	1.54	1.43	1.44
Compound Leverage Factor	1.41	1.49	1.59	1.53	1.49	1.65	1.78	1.54	1.43	1.44
Debt to Total Capital	12.02%	29.99%	39.75%	24.83%	7.55%	0.76%	21.71%	6.58%	7.31%	19.25%
Short-Term Debt to Total Capital	12.02%	29.99%	39.75%	24.83%	7.55%	0.76%	21.71%	6.58%	7.31%	19.25%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	87.98%	70.01%	60.26%	75.17%	92.45%	99.24%	78.29%	93.42%	92.69%	80.76%
Debt to EBITDA	0.25	0.81	1.45	0.85	0.18	0.02	0.57	0.16	0.19	0.56
Net Debt to EBITDA	0.23	0.76	1.44	0.83	0.17	0.01	0.56	0.15	0.15	0.56
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.38	1.20	2.37	1.42	0.29	0.03	0.89	0.24	0.30	0.89
Net Debt to NOPAT	0.35	1.14	2.34	1.39	0.27	0.02	0.87	0.24	0.24	0.89
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	13.67	9.64	8.06	12.51	16.49	28.33	16.23	16.02	14.33	11.90
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.36	0.99	1.03	1.14	1.50	1.89	1.39	1.78	1.40	0.93
Quick Ratio	0.52	0.38	0.68	0.84	1.13	0.47	1.02	1.11	0.61	0.26
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	55	-134	-277	-122	-52	28	-9.27	-44	-161	-321
Operating Cash Flow to CapEx	130.91%	-41.40%	-294.63%	517.21%	590.40%	190.33%	-462.71%	545.87%	169.60%	-10.48%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-139.68	-93.84	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	-58.17	171.07	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	-77.92	138.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.36	1.19	0.96	1.00	1.19	1.17	1.01	1.07	1.04	1.02
Accounts Receivable Turnover	6.87	8.88	4.00	4.39	7.53	15.73	3.64	4.66	6.92	17.78
Inventory Turnover	7.40	6.24	5.68	7.01	6.69	5.17	5.58	6.38	5.46	4.24
Fixed Asset Turnover	2.53	2.11	1.85	1.70	1.81	1.69	1.83	1.76	1.55	1.41
Accounts Payable Turnover	22.62	31.34	15.13	13.62	23.99	29.27	19.37	15.53	14.54	15.62
Days Sales Outstanding (DSO)	53.09	41.11	91.29	83.20	48.45	23.20	100.25	78.40	52.75	20.52
Days Inventory Outstanding (DIO)	49.33	58.52	64.23	52.04	54.56	70.58	65.41	57.25	66.84	86.17
Days Payable Outstanding (DPO)	16.13	11.64	24.12	26.80	15.21	12.47	18.84	23.50	25.11	23.36
Cash Conversion Cycle (CCC)	86.29	87.98	131.40	108.45	87.79	81.31	146.82	112.15	94.49	83.33
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	627	728	926	825	744	720	1,024	957	945	1,051
Invested Capital Turnover	1.88	1.69	1.31	1.35	1.59	1.51	1.26	1.40	1.40	1.30
Increase / (Decrease) in Invested Capital	-40	144	320	200	117	-7.81	98	131	202	331
Enterprise Value (EV)	4,915	4,855	5,659	7,335	6,743	8,994	11,052	8,118	7,295	7,597
Market Capitalization	4,845	4,645	5,293	7,133	6,691	8,991	10,832	8,056	7,238	7,396
Book Value per Share	$5.05	$4.72	$5.15	$5.73	$6.37	$6.60	$7.40	$8.23	$8.17	$7.93
Tangible Book Value per Share	$4.88	$4.55	$4.98	$5.56	$6.20	$6.43	$7.24	$8.07	$7.99	$7.73
Total Capital	633	740	930	830	748	722	1,027	958	958	1,053
Total Debt	76	222	370	206	57	5.50	223	63	70	203
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	70	210	366	202	52	3.54	220	62	57	201
Capital Expenditures (CapEx)	42	68	39	43	31	53	38	35	78	81
Debt-free, Cash-free Net Working Capital (DFCFNWC)	135	206	377	248	143	85	364	251	159	178
Debt-free Net Working Capital (DFNWC)	141	218	381	253	147	87	367	252	172	179
Net Working Capital (NWC)	65	-3.76	12	47	91	81	144	189	102	-24
Net Nonoperating Expense (NNE)	0.00	-0.00	1.49	0.97	-0.55	-1.83	-0.00	0.00	-0.00	-0.00
Net Nonoperating Obligations (NNO)	70	210	366	202	52	3.54	220	62	57	201
Total Depreciation and Amortization (D&A)	11	11	12	12	13	13	14	13	14	13
Debt-free, Cash-free Net Working Capital to Revenue	11.07%	18.62%	37.52%	25.46%	13.07%	7.74%	29.61%	20.10%	13.45%	15.44%
Debt-free Net Working Capital to Revenue	11.55%	19.73%	37.91%	25.89%	13.50%	7.92%	29.86%	20.20%	14.54%	15.55%
Net Working Capital to Revenue	5.31%	-0.34%	1.17%	4.78%	8.32%	7.42%	11.72%	15.16%	8.60%	-2.05%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.13	$0.11	$0.38	$0.71	$0.60	$0.20	$0.82	$0.80	$0.37	$0.10
Adjusted Weighted Average Basic Shares Outstanding	110.14M	111.71M	108.77M	108.77M	108.58M	108.68M	108.64M	108.69M	108.26M	108.19M
Adjusted Diluted Earnings per Share	$0.13	$0.11	$0.38	$0.71	$0.60	$0.20	$0.82	$0.80	$0.37	$0.10
Adjusted Weighted Average Diluted Shares Outstanding	110.30M	111.88M	108.92M	108.87M	108.70M	108.81M	108.79M	108.81M	108.38M	108.32M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	109.74M	108.76M	108.80M	108.56M	108.60M	108.62M	108.69M	108.71M	107.14M	107.16M
Normalized Net Operating Profit after Tax (NOPAT)	14	10	43	78	65	20	89	87	41	9.77
Normalized NOPAT Margin	7.65%	5.25%	17.85%	21.88%	21.30%	10.28%	23.84%	23.11%	17.35%	5.83%
Pre Tax Income Margin	10.27%	7.61%	23.02%	29.02%	28.67%	15.67%	31.85%	31.05%	23.24%	9.22%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	28.69	80.28	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	21.47	59.78	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	8.95	47.20	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	1.73	26.70	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	186.13%	215.78%	208.38%	118.22%	35.59%	8.98%	8.69%	2.21%	23.33%	46.79%

Frequently Asked Questions About Trex's Financials

When does Trex's fiscal year end?

According to the most recent income statement we have on file, Trex's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Trex's net income changed over the last 9 years?

Trex's net income appears to be on an upward trend, with a most recent value of $226.39 million in 2024, rising from $48.10 million in 2015. The previous period was $205.38 million in 2023.

What is Trex's operating income?

Trex's total operating income in 2024 was $305.67 million, based on the following breakdown:

Total Gross Profit: $485.67 million
Total Operating Expenses: $180.00 million

How has Trex revenue changed over the last 9 years?

Over the last 9 years, Trex's total revenue changed from $440.80 million in 2015 to $1.15 billion in 2024, a change of 161.2%.

How much debt does Trex have?

Trex's total liabilities were at $474.16 million at the end of 2024, a 119.3% increase from 2023, and a 396.3% increase since 2015.

How much cash does Trex have?

In the past 9 years, Trex's cash and equivalents has ranged from $1.29 million in 2024 to $148.83 million in 2019, and is currently $1.29 million as of their latest financial filing in 2024.

How has Trex's book value per share changed over the last 9 years?

Over the last 9 years, Trex's book value per share changed from 3.77 in 2015 to 7.93 in 2024, a change of 110.3%.

Related Companies

This page (NYSE:TREX) was last updated on 4/20/2025 by MarketBeat.com Staff

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Trex (TREX) Financials

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Trex (TREX) Financials

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