Trex Company, Inc. (TREX)

Trex Company Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	190.42	226.39	205.38	184.63	208.74
Depreciation & Amortization	62.96	54.27	49.79	43.9	35.55
Other Amortization	-	0.4	0.4	0.4	0.4
Loss (Gain) From Sale of Assets	0.52	2.64	3.14	15.4	-0.05
Asset Writedown & Restructuring Costs	-	-	-	-	54.25
Stock-Based Compensation	9.12	12.64	10.16	5.33	8.44
Other Operating Activities	17.06	-16.22	4.17	24.14	21.05
Change in Accounts Receivable	40.27	-47.22	56.92	42.51	-44.35
Change in Inventory	18.29	-100.19	34.27	-64.45	-15.52
Change in Accounts Payable	6.88	-0.82	2.7	-5.6	-3.47
Change in Income Taxes	0.38	10.53	14.37	-23.57	7.03
Change in Other Net Operating Assets	12.24	1.51	8.13	-6.46	-14
Operating Cash Flow	358.11	143.93	389.42	216.22	258.06
Operating Cash Flow Growth	148.81%	-63.04%	80.10%	-16.21%	37.79%
Capital Expenditures	-223.59	-232.34	-166.09	-176.23	-159.39
Sale of Property, Plant & Equipment	0.36	0.11	-	7.34	1.36
Sale (Purchase) of Intangibles	-9.98	-4.3	-	-	-
Investing Cash Flow	-233.22	-236.54	-166.09	-168.88	-158.04
Short-Term Debt Issued	880.55	842.3	593.5	425	494.5
Total Debt Issued	880.55	842.3	593.5	425	494.5
Short-Term Debt Repaid	-949.65	-645.2	-810	-203	-494.5
Total Debt Repaid	-949.65	-645.2	-810	-203	-494.5
Net Debt Issued (Repaid)	-69.1	197.1	-216.5	222	-
Issuance of Common Stock	1.19	1.28	1.22	1.74	1.8
Repurchase of Common Stock	-54.47	-105.94	-18.45	-398.38	-82.47
Other Financing Activities	0.01	-0.5	0.03	-1.42	-
Financing Cash Flow	-122.38	91.94	-233.7	-176.06	-80.67
Net Cash Flow	2.52	-0.67	-10.37	-128.73	19.35
Free Cash Flow	134.52	-88.41	223.33	39.99	98.67
Free Cash Flow Growth	-	-	458.44%	-59.47%	581.85%
Free Cash Flow Margin	11.46%	-7.68%	20.40%	3.62%	8.24%
Free Cash Flow Per Share	1.26	-0.82	2.05	0.36	0.85
Cash Interest Paid	-	-	0.05	-	-
Cash Income Tax Paid	-	85.17	52.34	59.93	38.61
Levered Free Cash Flow	8.29	-74.43	187.9	2.21	7.83
Unlevered Free Cash Flow	8.29	-74.43	187.9	2.21	7.83
Change in Working Capital	78.04	-136.19	116.38	-57.57	-70.31

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q