TREXNYSELumber & Wood Products (No Furniture)US GAAP · USD

Trex Company, Inc

Trex Company, Inc. makes wood-alternative composite decking, railing, and related outdoor living products under the Trex brand. The company is based in the United States, manufactures its core products domestically, and sells primarily through distributors, dealers, and home centers into the residential outdoor living market.

Liikevaihto1 174milj. USD
+2,0 %v/v
Liikevoitto (EBIT)258milj. USD
−19,9 %v/v
EBIT-marginaali22,0%
−6,0 %-yks.v/v
Nettotulos190milj. USD
−20,1 %v/v
Vapaa kassavirta135milj. USD
+252,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

02505007501 0001 250milj. USD2020: 881 milj. USD2020: EBIT 234 milj. USD20202021: 1 197 milj. USD2021: EBIT 275 milj. USD20212022: 1 106 milj. USD2022: EBIT 247 milj. USD20222023: 1 095 milj. USD2023: EBIT 276 milj. USD20232024: 1 151 milj. USD2024: EBIT 322 milj. USD20242025: 1 174 milj. USD2025: EBIT 258 milj. USD20251 174258
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Composite decking55 %

Wood-alternative deck boards made from reclaimed wood fibers and recycled polyethylene.

Railing20 %

Composite and steel railing systems used with Trex decking installations.

Outdoor living accessories15 %

Fasteners, drainage, lighting, and other add-on products for deck systems.

Fencing and cladding7 %

Exterior building products that extend Trex into adjacent outdoor applications.

Licensed products3 %

Third-party manufactured products sold under the Trex trademark.

Asiakkaat

Trex sells mainly into the residential outdoor living market, with products purchased by distributors, dealers, and home centers that resell to homeowners and contractors. A smaller portion of demand comes from commercial and other end users through the same channel structure. The company’s customer base is concentrated, with a limited number of large customers accounting for a significant share of sales.

Residential homeowners

Buy decking, railing, fencing, and accessories for outdoor living projects and replacement of wood products.

Contractors and deck builders

Purchase Trex products through distributors and dealers for installation on new and replacement decks.

Distributors and dealers

Stock and resell Trex products, providing channel reach and seasonal inventory build ahead of peak demand.

Home centers and retail merchandisers

Carry Trex products for broad consumer access and national retail distribution.

Licensed product partners

Third parties manufacture and sell Trex-branded adjacent products such as furniture, pergolas, and kitchens.

Strategia

Trex’s strategy centers on expanding the outdoor living category with branded, low-maintenance products that convert consumers away from wood. The company also emphasizes product innovation, channel expansion, and adjacent categories such as fencing, cladding, lighting, and licensed products to broaden the platform around its core decking business.

Expand the outdoor living product platformKeskipitkä aikaväli

Broader product coverage increases wallet share and supports cross-selling around the deck.

Strengthen distribution and retail reachKeskipitkä aikaväli

Channel breadth improves product availability and supports national and regional demand capture.

Invest in manufacturing and capacityKeskipitkä aikaväli

Domestic production and process control support supply reliability and product consistency.

Maantiede

Trex manufactures its core products in the United States and is headquartered in Winchester, Virginia. Its products are stocked in more than 6,700 retail locations worldwide, with distribution spanning the U.S. and international markets through a tiered channel system. Geography matters because weather, housing activity, and seasonal deck-building patterns affect demand by region and timing.

Riskit

Trex is exposed to channel concentration, since a small number of customers account for a large share of sales. Demand is also seasonal and weather-sensitive, while transportation, raw materials, and inventory levels in the distribution channel can affect shipments and timing. As a manufacturer of branded building products, it also faces cyber, warranty, and product-quality risks that can affect reputation and operating results.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer concentration1Distribution channel inventory swings2Transportation and logistics dependence3Seasonality and weather sensitivity4Cybersecurity and data protection5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A limited number of customers represent a large share of net sales, so losing one would materially reduce revenue.

    Kohdistuu: Three customers represented about 73% of net sales in 2025.

  2. Distribution channel inventory swingsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Distributor and dealer inventory changes can boost or suppress shipments independent of end demand.

    KohdistuuIncentive programs can affect salesReceivablesInventory levels
  3. Transportation and logistics dependenceVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company relies on third parties to move raw materials and finished goods, creating service and cost risk.

    Kohdistuu: Flatbed trucking availability and fuel surcharges can affect delivery and margins.

  4. Seasonality and weather sensitivityVaikutus: KeskitasoTodennäköisyys: Matala

    Deck-building activity depends on weather and home improvement timing, which can shift demand across quarters.

    Kohdistuu: Quarterly results can vary materially with seasonal inventory build and weather conditions.

  5. Cybersecurity and data protectionVaikutus: KeskitasoTodennäköisyys: Matala

    A breach could disrupt operations, expose proprietary information, and damage the brand.

    KohdistuuIT systemsEmployee dataLimited consumer information are stored electronically

Kirjanpito

Harkinnanvaraiset erät
Point-in-time revenue recognition

Revenue is recorded when products ship, so channel timing and order patterns affect reported sales.

Vaikutus: Quarterly revenue and receivables can move with shipment timing.

Sales incentives and discounts

The company estimates rebates, payment discounts, and promotional incentives each period.

Vaikutus: Changes in estimates can reduce revenue through cumulative catch-up adjustments.

Warranty reserves

Decking and railing products carry long warranty periods and defect-related obligations.

Vaikutus: Reserve changes affect cost of sales and operating expense.

Seasonality and inventory build

Distributor pre-season stocking can shift revenue between periods.

Vaikutus: Reported sales may not match end-user demand in a given quarter.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Trex Company, Inc (TREX) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo