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Trex Company TREX Return on invested capital

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-3.6%-1.8pp

Other financials

Income statement

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Revenue$343.4M+1.0%
Gross profit$139.0M+0.9%
Operating income$83.5M+2.3%
Net income$61.4M+1.6%
EPS (diluted)$0.58+3.6%

Balance sheet

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Cash & equivalents$4.5M-9.5%
Total debt$52.7M+3.6%
Total equity$995.8M+5.1%
Total assets$1.7B+5.4%

Cash flow

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Operating cash flow-$118.4M+23.1%
CapEx$23.1M-70.9%
Free cash flow-$141.5M+39.4%

Valuation

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Market cap$4.9B-39.3%
Enterprise value$4.94B-38.9%
P/E25.6×-12.8×
P/S4.2×-3.1×

Profitability

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Gross margin39.2%-2.9pp
Operating margin22.1%-3.4pp
Net margin16.3%-2.5pp
FCF margin19.2%

Returns & leverage

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Return on equity19.7%-4.3pp
Debt / equity0.1×0.0×
Current ratio0.0×

Where this comes from

Calculated from Trex Company’s reported figures.

Based on trailing twelve months.

The official record: Trex Company’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trex Company's return on invested capital?
Trex Company (TREX) reported return on invested capital of 18.8% in Q1 2026.
How has Trex Company's return on invested capital changed year-over-year?
Trex Company's return on invested capital decreased by 18.6% year-over-year, from 23.1% to 18.8%.
What is the long-term trend for Trex Company's return on invested capital?
Over 5 years (2020 to 2025), Trex Company's return on invested capital has grown at a -14.6% compound annual growth rate (CAGR), from 41.5% to 18.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.