TREX (Trex Company, Inc.) Stock Financials & Earnings | Market Cap Arena

TREX (Trex Company, Inc.) Stock Financials & Earnings | Market Cap Arena

TREXTrex Company, Inc.

Mkt Cap$4B

Industrials·Construction·🇺🇸 United States·NYSE

Revenue (TTM)$1.2B

Net Income (TTM)$190M

EPS (TTM)$1.77

Free Cash Flow (TTM)$147M

Gross Margin39.2%

Op. Margin22.0%

Net Margin16.2%

FCF Margin12.5%

P/S Ratio (TTM)3.4x

P/E Ratio (TTM)21.0x

YoY Rev Growth+2.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$239M	$94M	$57M
Q2 23	$357M	$156M	$105M
Q3 23	$304M	$131M	$86M
Q4 23	$196M	$71M	$28M
Q1 24	$374M	$170M	$119M
Q2 24	$376M	$168M	$117M
Q3 24	$234M	$93M	$54M
Q4 24	$168M	$55M	$15M
Q1 25	$340M	$138M	$82M
Q2 25	$388M	$158M	$102M
Q3 25	$285M	$115M	$70M
Q4 25	$161M	$49M	$4M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	4.0x	25.8x
Q2 23	4.1x	28.0x
Q3 23	3.7x	20.6x
Q4 23	3.6x	19.4x
Q1 24	3.2x	15.8x
Q2 24	3.2x	15.2x
Q3 24	3.4x	16.7x
Q4 24	3.5x	17.6x
Q1 25	3.6x	20.2x
Q2 25	3.5x	21.4x
Q3 25	3.4x	20.2x
Q4 25	3.4x	21.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$115M	-$155M
Q2 23	$223M	$180M
Q3 23	$180M	$150M
Q4 23	$101M	$48M
Q1 24	-$174M	-$212M
Q2 24	$194M	$158M
Q3 24	$133M	$54M
Q4 24	-$8M	-$94M
Q1 25	-$154M	-$234M
Q2 25	$250M	$199M
Q3 25	$197M	$328M
Q4 25	$65M	-$146M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$39M
Q2 23	$43M
Q3 23	$31M
Q4 23	$53M
Q1 24	$38M
Q2 24	$35M
Q3 24	$78M
Q4 24	$85M
Q1 25	$80M
Q2 25	$51M
Q3 25	$131M
Q4 25	$211M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-29.6%	-25.6%
Q2 23	-7.7%	-6.2%
Q3 23	+61.2%	+28.6%
Q4 23	+1.9%	-5.6%
Q1 24	+56.5%	+40.1%
Q2 24	+5.6%	+3.1%
Q3 24	-23.1%	-17.5%
Q4 24	-14.4%	-9.2%
Q1 25	-9.0%	+1.5%
Q2 25	+3.0%	+10.0%
Q3 25	+22.1%	+19.8%
Q4 25	-3.9%	+3.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	0.8%
Q2 23	$3M	0.7%
Q3 23	$3M	0.9%
Q4 23	$3M	1.4%
Q1 24	$3M	0.8%
Q2 24	$4M	1.0%
Q3 24	$3M	1.1%
Q4 24	$3M	1.8%
Q1 25	$2M	0.7%
Q2 25	$3M	0.8%
Q3 25	$1M	0.4%
Q4 25	$3M	1.6%

OpEx Breakdown

Quarter	SG&A
Q1 23	$37M
Q2 23	$52M
Q3 23	$45M
Q4 23	$43M
Q1 24	$51M
Q2 24	$51M
Q3 24	$39M
Q4 24	$39M
Q1 25	$56M
Q2 25	$56M
Q3 25	$45M
Q4 25	$45M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$4M	$0	$4M
Q2 23	$4M	$0	$4M
Q3 23	$5M	$0	$5M
Q4 23	$2M	$0	$2M
Q1 24	$3M	$0	$3M
Q2 24	$1M	$0	$1M
Q3 24	$13M	$0	$13M
Q4 24	$1M	$0	$1M
Q1 25	$5M	$0	$5M
Q2 25	$6M	$0	$6M
Q3 25	$11M	$0	$11M
Q4 25	$4M	$0	$4M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	109M	-0.2%
Q2 23	109M	-0.0%
Q3 23	109M	-0.2%
Q4 23	109M	+0.0%
Q1 24	109M	+0.0%
Q2 24	109M	+0.0%
Q3 24	108M	-0.4%
Q4 24	107M	-1.0%
Q1 25	107M	-0.0%
Q2 25	107M	+0.0%
Q3 25	107M	+0.0%
Q4 25	106M	-0.8%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$622K	630
FY 15	$630K	700
FY 16	$578K	830
FY 17	$505K	1K
FY 18	$564K	1K
FY 19	$635K	1K
FY 20	$566K	2K
FY 21	$622K	2K
FY 22	$676K	2K
FY 23	$620K	2K
FY 24	$626K	2K
FY 25	$639K	2K