Trex Company, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.17B | $1.15B | $1.09B | $1.11B | $1.20B | $880.8M | $745.3M | $684.3M |
| Cost of Revenue | $714.3M | $649.6M | $644.0M | $702.1M | $736.4M | $521.4M | $438.8M | $389.4M |
| Gross Profit | $460.0M | $501.9M | $450.8M | $404.0M | $460.5M | $359.5M | $306.5M | $294.9M |
| Gross Margin | 39.2% | 43.6% | 41.2% | 36.5% | 38.5% | 40.8% | 41.1% | 43.1% |
| Operating Expenses | ||||||||
| Research & Development | $4.2M | $3.5M | $3.3M | $500.0K | $6.0M | $3.4M | $3.4M | $4.5M |
| SG&A Expense | $202.0M | $180.0M | $176.2M | $141.8M | $139.6M | $125.8M | $118.3M | $118.2M |
| Operating Income | $258.0M | $321.9M | $274.6M | $246.7M | $275.4M | $233.6M | $188.2M | $176.7M |
| Operating Margin | 22.0% | 28.0% | 25.1% | 22.3% | 23.0% | 26.5% | 25.2% | 25.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $258.0M | $321.9M | $274.6M | $246.8M | $275.4M | $234.6M | $189.7M | $176.9M |
| Income Tax Expense | $67.5M | $83.5M | $70.5M | $62.2M | $66.7M | $59.0M | $45.0M | $42.3M |
| Net Income | $190.4M | $238.4M | $204.1M | $184.6M | $208.7M | $175.6M | $144.7M | $134.6M |
| Net Margin | 16.2% | 20.7% | 18.6% | 16.7% | 17.4% | 19.9% | 19.4% | 19.7% |
| EPS (Basic) | $1.78 | $2.20 | $1.88 | $1.65 | $1.81 | $1.52 | $1.24 | $1.15 |
| EPS (Diluted) | $1.78 | $2.20 | $1.88 | $1.65 | $1.80 | $1.51 | $1.24 | $1.14 |
| Shares Outstanding (Basic) | 107.0M | 108.2M | 108.7M | 111.7M | 115.5M | 115.9M | 116.9M | 117.5M |
| Shares Outstanding (Diluted) | 107.1M | 108.3M | 108.8M | 111.9M | 115.8M | 116.3M | 117.3M | 118.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |