Trex Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,181	1,151	1,095	1,106	1,197	880.83
Revenue Growth (YoY)	0.10%	5.17%	-1.01%	-7.60%	35.89%	18.18%
Cost of Revenue	714.73	665.78	642.43	702.05	736.45	521.37
Gross Profit	466.04	485.67	452.41	403.99	460.5	359.46
Selling, General & Admin	192.63	176.5	172.9	141.33	133.62	122.42
Research & Development	3.5	3.5	3.3	0.5	6	3.4
Operating Expenses	196.13	180	176.2	141.83	139.62	125.82
Operating Income	269.91	305.67	276.2	262.16	320.88	233.64
Interest Expense	-	-	-0.01	-	-	-
Interest & Investment Income	-	0.01	-	0.1	0.02	1
EBT Excluding Unusual Items	269.91	305.68	276.2	262.26	320.9	234.63
Impairment of Goodwill	-	-	-	-	-54.25	-
Gain (Loss) on Sale of Assets	-	-	-	-15.42	-	-
Pretax Income	269.91	305.68	276.2	246.84	275.39	234.63
Income Tax Expense	72.03	79.29	70.82	62.21	66.65	59
Net Income	197.89	226.39	205.38	184.63	208.74	175.63
Net Income to Common	197.89	226.39	205.38	184.63	208.74	175.63
Net Income Growth	-17.05%	10.23%	11.24%	-11.55%	18.85%	21.34%
Shares Outstanding (Basic)	107	108	109	112	115	116
Shares Outstanding (Diluted)	107	108	109	112	116	116
Shares Change (YoY)	-1.26%	-0.45%	-2.74%	-3.35%	-0.42%	-0.91%
EPS (Basic)	1.85	2.09	1.89	1.65	1.81	1.52
EPS (Diluted)	1.84	2.09	1.89	1.65	1.80	1.51
EPS Growth	-15.75%	10.59%	14.53%	-8.33%	19.20%	21.92%
Free Cash Flow	23.08	-88.41	223.33	39.99	98.67	14.47
Free Cash Flow Per Share	0.21	-0.82	2.05	0.36	0.85	0.12
Gross Margin	39.47%	42.18%	41.32%	36.53%	38.47%	40.81%
Operating Margin	22.86%	26.55%	25.23%	23.70%	26.81%	26.52%
Profit Margin	16.76%	19.66%	18.76%	16.69%	17.44%	19.94%
Free Cash Flow Margin	1.96%	-7.68%	20.40%	3.62%	8.24%	1.64%
EBITDA	329.03	359.94	325.99	306.06	356.43	251.57
EBITDA Margin	27.87%	31.26%	29.78%	27.67%	29.78%	28.56%
D&A For EBITDA	59.12	54.27	49.79	43.9	35.55	17.94
EBIT	269.91	305.67	276.2	262.16	320.88	233.64
EBIT Margin	22.86%	26.55%	25.23%	23.70%	26.81%	26.52%
Effective Tax Rate	26.69%	25.94%	25.64%	25.20%	24.20%	25.15%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.