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TREX CO INC TREX

NYSE · stock · Lumber & Wood Products (No Furniture) · website · IPO 1999-04-08

TREX CO INC statistics & valuation

Market cap$5.2B
P / E27.1×
P / S4.4×
P / B5.0×
P / FCF38.4×
Net margin16.2%
Return on equity18.4%
FCF margin11.5%
Return on capital21.4%
Graham number -60.3%$19.67

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($19.67); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.10% 16.80% 19.70% 19.40% 19.90% 17.40% 16.70% 18.60% 20.70% 16.20% 2016201720182019202020212022202320242025
Gross margin (%)
39.00% 43.10% 43.10% 41.10% 40.80% 38.50% 36.50% 41.20% 43.60% 39.20% 2016201720182019202020212022202320242025
Operating margin (%)
21.70% 25.20% 25.80% 25.20% 26.50% 23.00% 22.30% 25.10% 28.00% 22.00% 2016201720182019202020212022202320242025
Return on equity (%)
50.60% 41.10% 39.20% 32.20% 29.80% 28.80% 33.90% 27.50% 26.90% 18.40% 2016201720182019202020212022202320242025
Shares outstanding
118.5M 118.3M 118.1M 117.3M 116.3M 115.8M 111.9M 108.8M 108.3M 107.1M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
30.60% 29.20% 28.90% 24.40% 22.80% 22.70% 19.80% 21.90% 17.40% 13.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
14.70% 15.40% 15.20% 12.00% 1.60% 8.20% 3.60% 20.40% -7.70% 11.50% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$0.57 $0.81 $1.14 $1.24 $1.51 $1.80 $1.65 $1.88 $2.20 $1.78 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

TREX CO INC trades at about 27.8× earnings — below its 10-year norm (10-year range 23.3×–60.8×, median 34.7×).

23.3× 60.8×

Shaded band = 10-year range (23.3×–60.8×); dot = today's 27.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin39.2%43.6%41.2%36.5%38.5%40.8%41.1%43.1%43.1%39.0%
Operating margin22.0%28.0%25.1%22.3%23.0%26.5%25.2%25.8%25.2%21.7%
Net margin16.2%20.7%18.6%16.7%17.4%19.9%19.4%19.7%16.8%14.1%
FCF margin11.5%-7.7%20.4%3.6%8.2%1.6%12.0%15.2%15.4%14.7%
Return on assets13.1%17.4%21.9%19.8%22.7%22.8%24.4%28.9%29.2%30.6%
Return on equity18.4%26.9%27.5%33.9%28.8%29.8%32.2%39.2%41.1%50.6%
Current ratio1.241.081.890.994.523.033.852.912.382.06

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.