Market Summary
USD63.50-1.06
Delayedas of 21 Sep 2023, 11:12 am-1.64%
TREX Stock Price
TREX RSI Chart
TREX Valuation
TREX Price/Sales (Trailing)
TREX Profitability
TREX Fundamentals
TREX Revenue
TREX Earnings
Price Action
52 Week Range
38.6876.05
(Low)(High)
Last 7 days
-1.8%
Last 30 days
-5.0%
Last 90 days
7.5%
Trailing 12 Months
37.8%
TREX Financial Health
TREX Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for TREX
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-01 | Cline James E | acquired | 200,324 | 17.52 | 11,434 | - |
2023-08-01 | Cline James E | back to issuer | -462,687 | 75.95 | -6,092 | - |
2023-07-26 | GRATZ JAY M | acquired | 120,027 | 69.38 | 1,730 | - |
2023-07-26 | KAPLAN RONALD W | acquired | 120,027 | 69.38 | 1,730 | - |
2023-07-26 | McDuffie Melkeya | acquired | 22,340 | 69.38 | 322 | - |
2023-07-26 | ROBINSON PATRICIA B | acquired | 120,027 | 69.38 | 1,730 | - |
2023-07-26 | Volas Gerald | acquired | 120,027 | 69.38 | 1,730 | - |
2023-07-26 | Cline James E | acquired | 120,027 | 69.38 | 1,730 | - |
2023-07-26 | Golden Michael F | acquired | 111,424 | 69.38 | 1,606 | - |
2023-07-26 | JUSTER KRISTINE L | acquired | 120,027 | 69.38 | 1,730 | - |
Which funds bought or sold TREX recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 355 | 1,377 | -% |
2023-08-29 | EFG Asset Management (Americas) Corp. | new | - | 4,539,520 | 4,539,520 | 1.05% |
2023-08-25 | Yarbrough Capital, LLC | unchanged | - | 220,499 | 855,886 | 0.05% |
2023-08-24 | Alberta Investment Management Corp | reduced | -27.55 | -35,518 | 1,436,940 | 0.01% |
2023-08-23 | WOLVERINE TRADING, LLC | new | - | 389,550 | 389,550 | -% |
2023-08-22 | COMERICA BANK | sold off | - | - | - | -% |
2023-08-22 | Hook Mill Capital Partners, LP | new | - | 1,854,100 | 1,854,100 | 1.10% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -3.99 | 1,964,700 | 8,663,690 | 0.01% |
2023-08-21 | BOKF, NA | added | 1.08 | 288,046 | 1,084,820 | 0.02% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 10.19 | 419,000 | 1,284,000 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Trex Company
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | alliancebernstein l.p. | 2.8% | 3,031,150 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.27% | 10,175,044 | SC 13G/A | |
| Feb 08, 2023 | wasatch advisors inc | - | 0 | SC 13G | |
| Jan 23, 2023 | blackrock inc. | 11.3% | 12,386,582 | SC 13G/A | |
| Nov 09, 2022 | blackrock inc. | 10.2% | 11,158,703 | SC 13G/A | |
| Feb 14, 2022 | alliancebernstein l.p. | 6.1% | 7,014,090 | SC 13G | |
| Feb 03, 2022 | blackrock inc. | 9.8% | 11,228,231 | SC 13G/A | |
| Feb 11, 2021 | william blair investment management, llc | 2.70% | 3,169,429 | SC 13G/A | |
| Feb 11, 2021 | clearbridge investments, llc | 4.3% | 4,945,518 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 8.91% | 10,321,088 | SC 13G/A |
Recent SEC filings of Trex Company
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 07, 2023 | 8-K | Current Report | |
| Aug 09, 2023 | 8-K/A | Current Report | |
| Aug 02, 2023 | 4 | Insider Trading | |
| Jul 31, 2023 | 10-Q | Quarterly Report | |
| Jul 31, 2023 | 8-K | Current Report | |
| Jul 28, 2023 | 3 | Insider Trading | |
| Jul 27, 2023 | 4 | Insider Trading | |
| Jul 27, 2023 | 4 | Insider Trading | |
| Jul 27, 2023 | 4 | Insider Trading | |
| Jul 27, 2023 | 4 | Insider Trading |
Peers (Alternatives to Trex Company)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
TT | 46.0B | 16.8B | 1.42% | 30.05% | 24.4 | 2.73 | 13.35% | 25.94% |
BLDR | 15.9B | 18.5B | -4.22% | 125.82% | 8.54 | 0.86 | -18.55% | -30.63% |
MAS | 12.3B | 8.2B | -2.78% | 13.61% | 15.32 | 1.49 | -6.22% | -7.18% |
| MID-CAP | ||||||||
LII | 13.3B | 4.8B | 7.35% | 58.74% | 24.04 | 2.76 | 8.97% | 17.17% |
FBHS | 7.7B | 4.5B | -5.00% | -39.38% | 11.25 | 1.64 | -7.22% | -33.29% |
TREX | 7.0B | 975.8M | -5.04% | 37.80% | 49.13 | 7.18 | -28.53% | -44.91% |
UFPI | 6.3B | 8.1B | 1.60% | 38.07% | 10.91 | 0.78 | -14.71% | -11.52% |
CSWI | 2.8B | 761.3M | -1.86% | 41.28% | 28.33 | 3.63 | 14.47% | 29.51% |
| SMALL-CAP | ||||||||
AMWD | 1.2B | 2.0B | 3.32% | 51.93% | 10.94 | 0.6 | 3.27% | 982.63% |
DOOR | 2.1B | 2.9B | -9.35% | 27.75% | 11.73 | 0.71 | 3.43% | 26.20% |
PATK | 1.7B | 3.9B | -1.57% | 68.87% | 9.83 | 0.43 | -22.70% | -50.66% |
JELD | 1.1B | 5.0B | -8.63% | 37.00% | 21.23 | 0.23 | 4.01% | -57.91% |
NX | 916.4M | 1.1B | 7.42% | 38.97% | 11.49 | 0.8 | -5.23% | -5.65% |
IIIN | 626.0M | 699.7M | 4.39% | 17.91% | 12.25 | 0.89 | -11.45% | -59.40% |
Trex Company News
Returns for TREX
Cumulative Returns on TREX
36.2%
10-Year Cumulative Returns
36.7%
7-Year Cumulative Returns
26.5%
5-Year Cumulative Returns
-0.9%
3-Year Cumulative Returns
Risks for TREX
What is the probability of a big loss on TREX?
80%
Probability that Trex Company stock will be more than 20% underwater in next one year
68.5%
Probability that Trex Company stock will be more than 30% underwater in next one year.
20.8%
Probability that Trex Company stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does TREX drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Trex Company was unfortunately bought at previous high price.
Drawdowns
Financials for Trex Company
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -3.0% | 976 | 1,006 | 1,106 | 1,218 | 1,365 | 1,291 | 1,197 | 1,121 | 1,017 | 926 | 881 | 817 | 780 | 766 | 745 | 721 | 692 | 693 | 684 | 666 | 640 |
| Gross Profit | -0.3% | 363 | 364 | 404 | 457 | 539 | 500 | 461 | 435 | 391 | 366 | 359 | 338 | 336 | 327 | 307 | 295 | 280 | 288 | 295 | 286 | 274 |
| S&GA Expenses | 8.7% | 151 | 139 | 142 | 143 | 150 | 148 | 140 | 137 | 131 | 123 | 126 | 117 | 116 | 123 | 118 | 121 | 122 | 119 | 118 | 116 | 113 |
| EBITDA | -100.0% | - | 251 | 291 | 306 | 384 | 346 | 311 | 335 | 288 | 264 | 254 | 241 | 239 | 223 | 205 | 191 | 174 | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.25* | 0.26* | 0.25* | 0.28* | 0.27* | 0.26* | 0.30* | 0.28* | 0.29* | 0.29* | 0.29* | 0.31* | 0.29* | 0.28* | 0.26* | 0.25* | - | - | - | - |
| Interest Expenses | -76.0% | -3.29 | -1.87 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 0.00 | 0.00 | -0.32 | -0.60 |
| Earnings Before Taxes | -7.0% | 192 | 207 | 247 | 263 | 341 | 306 | 275 | 303 | 262 | 243 | 235 | 223 | 222 | 206 | 190 | 176 | 159 | 169 | 177 | 169 | 160 |
| EBT Margin | -100.0% | - | 0.21* | 0.22* | 0.22* | 0.25* | 0.24* | 0.23* | 0.27* | 0.26* | 0.26* | 0.27* | 0.27* | 0.28* | 0.27* | 0.25* | 0.24* | 0.23* | - | - | - | - |
| Net Income | -7.7% | 143 | 155 | 185 | 200 | 259 | 231 | 209 | 227 | 196 | 182 | 176 | 168 | 167 | 156 | 145 | 134 | 122 | 129 | 135 | 128 | 118 |
| Net Income Margin | -100.0% | - | 0.15* | 0.17* | 0.16* | 0.19* | 0.18* | 0.17* | 0.20* | 0.19* | 0.20* | 0.20* | 0.21* | 0.21* | 0.20* | 0.19* | 0.19* | 0.18* | - | - | - | - |
| Free Cashflow | 100.0% | - | -166 | 40.00 | 246 | 335 | 351 | 99.00 | 90.00 | -3.66 | -54.69 | 14.00 | -60.15 | -29.85 | 76.00 | 89.00 | 73.00 | 148 | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -5.6% | 1,070 | 1,133 | 934 | 842 | 887 | 972 | 920 | 953 | 899 | 900 | 770 | 718 | 671 | 631 | 592 | 571 | 536 | 536 | 465 | 435 | 414 |
| Current Assets | -19.6% | 369 | 459 | 287 | 245 | 319 | 437 | 401 | 413 | 377 | 410 | 322 | 343 | 331 | 322 | 303 | 308 | 286 | 291 | 270 | 249 | 228 |
| Cash Equivalents | 7.9% | 4.00 | 4.00 | 12.00 | 6.00 | 17.00 | 115 | 141 | 54.00 | 5.00 | 8.00 | 122 | 20.00 | 12.00 | 5.00 | 149 | 133 | 106 | 8.00 | 106 | 107 | 3.00 |
| Inventory | -42.1% | 74.00 | 128 | 141 | 132 | 101 | 98.00 | 84.00 | 74.00 | 77.00 | 75.00 | 68.00 | 52.00 | 50.00 | 59.00 | 56.00 | 44.00 | 43.00 | 50.00 | 58.00 | 35.00 | 36.00 |
| Net PPE | 4.6% | 646 | 618 | 590 | 536 | 505 | 473 | 460 | 425 | 405 | 378 | 337 | 261 | 225 | 193 | 171 | 144 | 130 | 122 | 117 | 108 | 108 |
| Liabilities | -22.1% | 446 | 573 | 415 | 285 | 246 | 251 | 195 | 233 | 250 | 310 | 182 | 174 | 171 | 179 | 143 | 147 | 145 | 172 | 122 | 106 | 116 |
| Current Liabilities | -27.9% | 323 | 448 | 291 | 181 | 139 | 143 | 89.00 | 156 | 172 | 236 | 106 | 110 | 112 | 117 | 79.00 | 88.00 | 81.00 | 107 | 93.00 | 76.00 | 86.00 |
| Shareholder's Equity | 11.3% | 624 | 560 | 518 | 557 | 641 | 721 | 725 | 721 | 649 | 590 | 589 | 544 | 500 | 452 | 449 | 424 | 392 | 363 | 343 | 329 | 298 |
| Retained Earnings | 6.6% | 1,249 | 1,172 | 1,131 | 1,121 | 1,106 | 1,017 | 946 | 921 | 847 | 786 | 737 | 694 | 651 | 604 | 562 | 526 | 484 | 448 | 417 | 392 | 362 |
| Additional Paid-In Capital | 1.6% | 134 | 132 | 132 | 130 | 129 | 128 | 128 | 127 | 126 | 125 | 126 | 125 | 124 | 123 | 123 | 123 | 123 | 122 | 124 | 123 | 122 |
| Shares Outstanding | -0.2% | 109 | 109 | 109 | 110 | 113 | 115 | 115 | 115 | 115 | 116 | 116 | 116 | 116 | 116 | 116 | 117 | 117 | 117 | 234 | 235 | 235 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 398.7% | 134 | 27.00 | 216 | 389 | 466 | 475 | 258 | 288 | 201 | 153 | 187 | 70.00 | 81.00 | 158 | 156 | 122 | 183 | 126 | 138 | 124 | 100 |
| Share Based Compensation | 30.2% | 7.00 | 5.00 | 5.00 | 6.00 | 7.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 6.00 | 7.00 | 7.00 | 7.00 | 8.00 | 7.00 | 6.00 | 6.00 | 6.00 |
| Cashflow From Investing | 0.6% | -184 | -185 | -168 | -143 | -131 | -122 | -158 | -196 | -203 | -207 | -170 | -127 | -108 | -79.19 | -67.24 | -49.11 | -35.18 | -36.97 | -33.73 | -25.69 | -97.28 |
| Cashflow From Financing | -19.7% | 38.00 | 48.00 | -176 | -294 | -324 | -245 | -80.67 | -57.67 | -4.44 | 57.00 | -43.77 | -55.20 | -66.16 | -80.95 | -45.97 | -46.66 | -44.49 | -84.06 | -29.20 | -16.94 | -8.47 |
| Buy Backs | -47.9% | 168 | 322 | 398 | 369 | 271 | 105 | 82.00 | 53.00 | 50.00 | 51.00 | 45.00 | 56.00 | 66.00 | 69.00 | 47.00 | 40.00 | 30.00 | 29.00 | 30.00 | 14.00 | 13.00 |
TREX Income Statement
2023-06-30Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 356,538 | $ 386,249 | $ 595,256 | $ 725,477 |
| Cost of sales | 200,090 | 228,872 | 344,380 | 433,188 |
| Gross profit | 156,448 | 157,377 | 250,876 | 292,289 |
| Selling, general and administrative expenses | 51,681 | 39,568 | 89,162 | 79,529 |
| Income from operations | 104,767 | 117,809 | 161,714 | 212,760 |
| Interest expense (income), net | 1,305 | (116) | 3,289 | (104) |
| Income before income taxes | 103,462 | 117,925 | 158,425 | 212,864 |
| Provision for income taxes | 26,426 | 29,009 | 40,258 | 52,737 |
| Net income | $ 77,036 | $ 88,916 | $ 118,167 | $ 160,127 |
| Basic earnings per common share | $ 0.71 | $ 0.79 | $ 1.09 | $ 1.41 |
| Basic weighted average common shares outstanding | 108,770,204 | 113,099,561 | 108,771,077 | 113,864,741 |
| Diluted earnings per common share | $ 0.71 | $ 0.79 | $ 1.09 | $ 1.4 |
| Diluted weighted average common shares outstanding | 108,871,440 | 113,259,514 | 108,893,848 | 114,052,447 |
| Comprehensive income | $ 77,036 | $ 88,916 | $ 118,167 | $ 160,127 |
TREX Balance Sheet
2023-06-30Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 4,226 | $ 12,325 |
| Accounts receivable, net | 266,808 | 98,057 |
| Inventories | 74,007 | 141,355 |
| Prepaid expenses and other assets | 24,403 | 35,105 |
| Total current assets | 369,444 | 286,842 |
| Property, plant and equipment, net | 645,656 | 589,892 |
| Operating lease assets | 29,099 | 30,991 |
| Goodwill and other intangible assets, net | 18,372 | 18,582 |
| Other assets | 7,244 | 7,398 |
| Total assets | 1,069,815 | 933,705 |
| Current liabilities | ||
| Accounts payable | 32,228 | 19,935 |
| Accrued expenses and other liabilities | 79,803 | 44,064 |
| Accrued warranty | 4,766 | 4,600 |
| Line of credit | 206,000 | 222,000 |
| Total current liabilities | 322,797 | 290,599 |
| Deferred income taxes | 68,224 | 68,224 |
| Operating lease liabilities | 21,916 | 23,974 |
| Non-current accrued warranty | 21,793 | 20,999 |
| Other long-term liabilities | 11,560 | 11,560 |
| Total liabilities | 446,290 | 415,356 |
| Commitments and contingencies | ||
| Stockholders' Equity: | ||
| Preferred stock, $0.01 par value, 3,000,000 shares authorized; none issued and outstanding | 0 | 0 |
| Common stock, $0.01 par value, 360,000,000 shares authorized; 140,931,122 and 140,841,833 shares issued and 108,567,816 and 108,743,423 share outstanding, at June 30, 2023 and December 31, 2022, respectively | 1,409 | 1,408 |
| Additional paid-in capital | 134,293 | 131,539 |
| Retained earnings | 1,248,841 | 1,130,674 |
| Treasury stock, at cost, 32,363,306 shares at June 30, 2023 and 32,098,410 shares at December 31, 2022 | (761,018) | (745,272) |
| Total stockholders' equity | 623,525 | 518,349 |
| Total liabilities and stockholders' equity | $ 1,069,815 | $ 933,705 |
Trex Company, Inc. manufactures and distributes decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. The company operates in two segments, Trex Residential and Trex Commercial. It offers decking products under the names Trex Transcend, Trex Select, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps. The company also provides Trex Transcend Railing products that are used in Trex decking products and other decking materials; Trex Select Railing products for a simple clean finished look; Trex Enhance Railing system; and Trex Signature aluminum railing for a contemporary look. In addition, it offers Trex Seclusions, a fencing product that includes structural posts, bottom and top rails, pickets, and decorative post caps. In addition, it designs, engineers, and markets architectural and aluminum railing systems, and staging equipment and accessories for the commercial market, as well as sports stadiums and performing arts venues. Further, the company acts as a licensor in various licensing agreements with third parties to manufacture and sell products under the Trex name, including Trex Outdoor Furniture; Trex RainEscape, an above joist deck drainage system; Trex Pergola, a cellular PVC product; Trex Latticeworks outdoor lattice boards; Trex Cornhole boards; Diablo Trex Blade, a saw blade for wood-alternative composite decking; Trex SpiralStairs and structural steel posts; and Trex Outdoor Kitchens, Cabinetry, and Storage products. It sells its products through wholesale distributors, retail lumber dealers, and Home Depot and Lowe's stores, as well as through its direct sales staff, independent sales representatives, and bidding on projects. Trex Company, Inc. was founded in 1996 and is headquartered in Winchester, Virginia.