Trex Company, Inc. (TREX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 343.4M | 161.13M | 285.35M | 387.8M | 339.99M | 167.63M | 233.72M | 376.47M | 373.63M | 195.75M | 303.84M | 356.54M | 238.72M | 192.09M | 188.47M | 386.25M | 339.23M | 303.96M | 335.87M | 311.6M |
| Revenue Growth % | 1% | -3.88% | 22.09% | 3.01% | -9% | -14.36% | -23.08% | 5.59% | 56.52% | 1.9% | 61.21% | -7.69% | -29.63% | -36.8% | -43.89% | 23.96% | 38.16% | 33.15% | 45.08% | 41.22% |
| Cost of Goods Sold | 204.38M | 112.46M | 169.91M | 229.67M | 202.26M | 112.89M | 140.51M | 208.36M | 204.02M | 125.11M | 172.94M | 200.09M | 144.29M | 126.6M | 142.26M | 228.87M | 204.32M | 185.78M | 207.62M | 193.32M |
| COGS % of Revenue | 59.52% | 69.8% | 59.54% | 59.22% | 59.49% | 67.34% | 60.12% | 55.35% | 54.6% | 63.91% | 56.92% | 56.12% | 60.44% | 65.91% | 75.48% | 59.26% | 60.23% | 61.12% | 61.82% | 62.04% |
| Gross Profit | 139.02M | 48.66M | 115.44M | 158.13M | 137.73M | 54.74M | 93.2M | 168.11M | 169.61M | 70.64M | 130.9M | 156.45M | 94.43M | 65.49M | 46.21M | 157.38M | 134.91M | 118.18M | 128.25M | 118.27M |
| Gross Margin % | 40.48% | 30.2% | 40.46% | 40.78% | 40.51% | 32.66% | 39.88% | 44.65% | 45.4% | 36.09% | 43.08% | 43.88% | 39.56% | 34.09% | 24.52% | 40.74% | 39.77% | 38.88% | 38.18% | 37.96% |
| Gross Profit Growth % | 0.94% | -11.1% | 23.85% | -5.94% | -18.8% | -22.5% | -28.79% | 7.45% | 79.62% | 7.86% | 183.27% | -0.59% | -30.01% | -44.58% | -63.97% | 33.06% | 40.83% | 27.91% | 50.95% | 27.99% |
| Operating Expenses | 55.52M | 45.16M | 45.04M | 55.73M | 56.07M | 39.29M | 38.9M | 51.21M | 50.6M | 42.51M | 44.53M | 51.68M | 37.48M | 50.87M | 26.86M | 39.57M | 39.96M | 87.75M | 30.15M | 35.92M |
| OpEx % of Revenue | 16.17% | 28.03% | 15.78% | 14.37% | 16.49% | 23.44% | 16.64% | 13.6% | 13.54% | 21.72% | 14.66% | 14.5% | 15.7% | 26.48% | 14.25% | 10.24% | 11.78% | 28.87% | 8.98% | 11.53% |
| Selling, General & Admin | 55.52M | 45.16M | 45.04M | 55.73M | 56.07M | 39.29M | 38.9M | 51.21M | 50.6M | 42.51M | 44.53M | 51.68M | 37.48M | 35.44M | 26.86M | 39.57M | 39.96M | 30.74M | 33.93M | 36.9M |
| SG&A % of Revenue | 16.17% | 28.03% | 15.78% | 14.37% | 16.49% | 23.44% | 16.64% | 13.6% | 13.54% | 21.72% | 14.66% | 14.5% | 15.7% | 18.45% | 14.25% | 10.24% | 11.78% | 10.11% | 10.1% | 11.84% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6M | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.97% | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | -1000K | -983K |
| Operating Income | 83.5M | 3.5M | 70.4M | 102.4M | 81.66M | 15.46M | 54.3M | 116.9M | 119.01M | 28.13M | 86.36M | 104.77M | 56.95M | 14.62M | 19.35M | 117.81M | 94.95M | 30.43M | 98.1M | 82.36M |
| Operating Margin % | 24.32% | 2.17% | 24.67% | 26.4% | 24.02% | 9.22% | 23.23% | 31.05% | 31.85% | 14.37% | 28.42% | 29.38% | 23.86% | 7.61% | 10.27% | 30.5% | 27.99% | 10.01% | 29.21% | 26.43% |
| Operating Income Growth % | 2.26% | -77.34% | 29.64% | -12.41% | -31.38% | -45.05% | -37.12% | 11.58% | 108.98% | 92.34% | 346.3% | -11.07% | -40.02% | -51.95% | -80.27% | 43.05% | 47.24% | -47.68% | 72.29% | 29.91% |
| EBITDA | 101.88M | 20.39M | 86.41M | 118.21M | 95.91M | 28.91M | 67.92M | 130.36M | 133.17M | 41.12M | 99.36M | 117.05M | 68.86M | 25.65M | 30.82M | 129.14M | 105.42M | 40.78M | 108M | 91.64M |
| EBITDA Margin % | 29.67% | 12.66% | 30.28% | 30.48% | 28.21% | 17.24% | 29.06% | 34.63% | 35.64% | 21.01% | 32.7% | 32.83% | 28.85% | 13.35% | 16.35% | 33.43% | 31.08% | 13.42% | 32.15% | 29.41% |
| EBITDA Growth % | 6.22% | -29.46% | 27.23% | -9.32% | -27.98% | -29.71% | -31.65% | 11.37% | 93.38% | 60.3% | 222.43% | -9.36% | -34.68% | -37.09% | -71.47% | 40.93% | 48.67% | -35.94% | 75.69% | 35.84% |
| D&A (Non-Cash Add-back) | 18.37M | 16.89M | 16.01M | 15.81M | 14.25M | 13.45M | 13.61M | 13.45M | 14.15M | 12.99M | 13M | 12.28M | 11.91M | 11.03M | 11.46M | 11.33M | 10.47M | 10.34M | 9.9M | 9.28M |
| EBIT | 83.5M | 3.5M | 70.4M | 102.4M | 81.66M | 15.46M | 54.3M | 116.9M | 119.01M | 28.13M | 86.36M | 104.77M | 56.95M | 30.05M | 19.35M | 117.81M | 94.95M | 30.45M | 94.32M | 81.37M |
| Net Interest Income | 0 | 0 | 0 | 77K | -76K | 0 | 0 | 0 | 5K | 2.55M | 734K | -1.3M | -1.99M | 1K | 1K | 116K | -14K | 15K | 10K | -13K |
| Interest Income | 0 | 0 | 0 | 77K | 0 | 0 | 0 | 0 | 5K | 2.55M | 734K | 0 | 0 | 1K | 1K | 0 | 0 | 15K | 10K | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 76K | 0 | 0 | 0 | 0 | 0 | 0 | 1.3M | 1.99M | 0 | 0 | -116K | 14K | 0 | 0 | 13K |
| Other Income/Expense | 0 | 0 | 0 | 77K | -76K | 0 | 5K | 0 | 5K | 2.55M | 734K | -1.3M | -1.99M | 0 | 0 | 116K | -14K | 15K | 10K | -13K |
| Pretax Income | 83.5M | 3.5M | 70.4M | 102.47M | 81.59M | 15.46M | 54.31M | 116.9M | 119.02M | 30.68M | 87.1M | 103.46M | 54.96M | 14.62M | 19.35M | 117.92M | 94.94M | 30.45M | 98.11M | 82.34M |
| Pretax Margin % | 24.32% | 2.17% | 24.67% | 26.42% | 24% | 9.22% | 23.24% | 31.05% | 31.85% | 15.67% | 28.67% | 29.02% | 23.02% | 7.61% | 10.27% | 30.53% | 27.99% | 10.02% | 29.21% | 26.43% |
| Income Tax | 22.1M | 1.2M | 18.63M | 26.57M | 21.15M | 5.68M | 13.76M | 29.91M | 29.95M | 8.73M | 21.83M | 26.43M | 13.83M | 4.55M | 4.93M | 29.01M | 23.73M | 5.42M | 24.31M | 20.98M |
| Effective Tax Rate % | 26.47% | 34.27% | 26.46% | 25.92% | 25.93% | 36.77% | 25.33% | 25.58% | 25.16% | 28.45% | 25.07% | 25.54% | 25.17% | 31.1% | 25.47% | 24.6% | 24.99% | 17.8% | 24.78% | 25.48% |
| Net Income | 61.4M | 2.3M | 51.77M | 75.91M | 60.43M | 9.77M | 40.55M | 87M | 89.07M | 21.95M | 65.27M | 77.04M | 41.13M | 10.08M | 14.42M | 88.92M | 71.21M | 25.03M | 73.8M | 61.37M |
| Net Margin % | 17.88% | 1.43% | 18.14% | 19.57% | 17.78% | 5.83% | 17.35% | 23.11% | 23.84% | 11.21% | 21.48% | 21.61% | 17.23% | 5.25% | 7.65% | 23.02% | 20.99% | 8.24% | 21.97% | 19.69% |
| Net Income Growth % | 1.6% | -76.44% | 27.66% | -12.75% | -32.15% | -55.48% | -37.87% | 12.93% | 116.55% | 117.83% | 352.51% | -13.36% | -42.24% | -59.74% | -80.46% | 44.89% | 46.69% | -42.19% | 72.78% | 29.96% |
| Net Income (Continuing) | 61.4M | 2.3M | 51.77M | 75.91M | 60.43M | 9.77M | 40.55M | 87M | 89.07M | 21.95M | 65.27M | 77.04M | 41.13M | 10.08M | 14.42M | 88.92M | 71.21M | 25.03M | 73.8M | 61.37M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.58 | 0.02 | 0.48 | 0.71 | 0.56 | 0.09 | 0.37 | 0.80 | 0.82 | 0.20 | 0.60 | 0.71 | 0.38 | 0.09 | 0.13 | 0.79 | 0.62 | 0.22 | 0.64 | 0.53 |
| EPS Growth % | 3.57% | -77.78% | 29.73% | -11.25% | -31.71% | -55% | -38.33% | 12.68% | 115.79% | 116.68% | 361.54% | -10.13% | -38.71% | -58.05% | -79.69% | 49.06% | 47.62% | -40.54% | 72.97% | 29.27% |
| EPS (Basic) | 0.58 | 0.02 | 0.48 | 0.71 | 0.56 | 0.09 | 0.37 | 0.80 | 0.82 | 0.20 | 0.60 | 0.71 | 0.38 | 0.09 | 0.13 | 0.79 | 0.62 | 0.22 | 0.64 | 0.53 |
| Diluted Shares Outstanding | 105.13M | 106.48M | 107.33M | 107.3M | 107.28M | 107.32M | 108.38M | 108.81M | 108.79M | 108.75M | 108.7M | 108.87M | 108.92M | 109.19M | 110.3M | 113.26M | 114.85M | 115.63M | 115.63M | 115.66M |
| Basic Shares Outstanding | 105.06M | 106.4M | 107.24M | 107.23M | 107.18M | 107.18M | 108.26M | 108.69M | 108.64M | 108.6M | 108.58M | 108.77M | 108.77M | 109.04M | 110.14M | 113.1M | 114.64M | 115.36M | 115.34M | 115.36M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |