Trex Earnings Reports

Trex reported Q4 2024 net sales of $168 million, down 14.4% year-over-year due to a $45 million reduction in channel inventory. Gross margin declined to 32.7%, and net income dropped to $10 million. EPS came in at $0.09, while EBITDA fell to $29 million. The company expects 5-7% revenue growth in 2025 and an adjusted EBITDA margin exceeding 31%.

Trex Company reported net sales of $234 million for the third quarter of 2024, a decrease of 23% compared to the prior-year quarter. Net income was $41 million, or $0.37 per diluted share. The company reaffirmed its full-year sales guidance and expects to achieve the high end of its EBITDA guidance range.

Trex Company reported a 6% increase in net sales to $376 million for the second quarter of 2024, driven by premium products. Gross margin improved to 44.7%, and EBITDA margin expanded to 34.6%. The company is guiding to third quarter revenues of $220 million to $230 million and maintaining full year EBITDA margin guidance of 30% to 30.5%.

Trex Company reported net sales of $374 million, a gross margin of 45.4%, and net income of $89 million, or $0.82 per diluted share, for the first quarter of 2024. EBITDA was $133 million with an EBITDA margin of 35.6%. The company reaffirms full year guidance.

Trex Company reported Q4 2023 net sales of $196 million, a gross margin of 36.1%, and net income of $22 million, or $0.20 per diluted share. The results reflect strong demand for Trex products and effective management through an uncertain business environment.

Trex Company reported strong Q3 2023 results, marked by a significant increase in net sales and gross margin compared to the prior-year quarter. The company's performance was driven by robust consumer demand for Trex products, operating efficiencies, and improved utilization. Trex also raised its full-year revenue and adjusted EBITDA guidance.

Trex Company reported a net sales of $357 million. The company's gross margin was 43.9%. Net income reached $77 million, with diluted earnings per share at $0.71. EBITDA stood at $117 million, resulting in an EBITDA margin of 32.8%.

Trex Company reported first quarter 2023 results with net sales of $239 million, a gross margin of 39.6%, net income of $41 million, and EPS of $0.38. The company's EBITDA was $69 million, representing an EBITDA margin of 28.8%.

Trex Company reported Q4 2022 net sales of $192 million and net income of $10 million, or $0.09 per diluted share. Adjusted EPS was $0.23, and adjusted EBITDA was $46 million, representing 24.1% of net sales. The company completed the sale of Trex Commercial Products and returned approximately $50 million to shareholders through share repurchases.

Trex Company reported third quarter 2022 results with net sales of $188 million and net income of $15 million. The company focused on cost efficiency and repurchased 1.7 million shares. They reaffirmed fourth quarter revenue and EBITDA margin guidance.

Trex Company reported a 24% increase in consolidated net sales, reaching $386 million. Net income rose by 45% to $89 million, with diluted earnings per share up 49% to $0.79. The company's EBITDA increased by 41% to $129 million, with an EBITDA margin of 33.4%.

Trex Company reported a strong start to 2022, with a 40% increase in residential revenue and a 38% increase in consolidated net sales. The company's gross margin was 39.8%, and EBITDA increased by 49%.

Trex Company reported a 33% increase in consolidated net sales, reaching $304 million for the fourth quarter of 2021. Net income was reported at $25 million, or $0.22 per diluted share. Adjusted net income was $64 million, or $0.55 per diluted share. The company's adjusted EBITDA increased by 44% to $92 million, with an adjusted EBITDA margin of 30.2%.

Trex Company reported a 45% increase in consolidated net sales, reaching $336 million. Net income grew by 73% to $74 million, with diluted earnings per share of $0.64. EBITDA increased by 76% to $108 million, with an EBITDA margin of 32.2%. The company also announced plans for a third production site to address long-term demand trends.

Trex Company reported a 41% increase in consolidated net sales, reaching $312 million in Q2 2021. Diluted earnings per share increased by 29% to $0.53, and EBITDA grew by 36% to $92 million. The company's residential segment saw a 43% increase in net sales, driven by strong demand and the completion of a capacity expansion program.

Trex Company reported a 23% increase in consolidated net sales, reaching $246 million in Q1 2021. The company's diluted earnings per share increased by 17% to $0.42, and EBITDA grew by 20% to $71 million. Trex Residential Products saw a 25% increase in net sales, driven by sustained demand and market share gains.

Trex Company reported a 39% increase in consolidated net sales, reaching $228 million in Q4 2020. Trex Residential Products net sales increased 40% to $214 million. The diluted earnings per share was $0.37, and the EBITDA margin was 27.9%.

Trex Company reported a 19% increase in consolidated net sales, reaching $232 million. Net income increased by 2% to $43 million, or $0.37 per diluted share. Excluding a warranty charge, net income was $48 million, or $0.41 per diluted share.

Trex Company reported a 7% increase in consolidated net sales, reaching $221 million. The company's gross margin expanded to 41.9%, and earnings per diluted share increased by 33% to $0.81.

Trex Company reported a 12% increase in consolidated net sales, reaching $200 million. The company's gross margin expanded by 620 basis points to 44.8%, and earnings per share increased by 35% to $0.73.

Trex Company reported an 18% increase in consolidated net sales for Q4 2019, reaching $165 million. Earnings per share increased by 42% to $0.61. The company anticipates strong double-digit sales growth for 2020.