TREX Co. Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 9.90
Dividend & YieldN/A$ (N/A)
Beta 1.5
Market capitalization 5.75B
Operating cash flow 216.22M
ESG Scores unknown

Company description

Trex Company, Inc. manufactures and distributes composite 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.

Sector: Industrials - Industry: Building Products & Equipment

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -16.67M 11.35M -3.47M -5.59M
Total Cashflows From Investing Activities -67.24M -170.66M -158.04M -168.88M
Net Borrowings 222M 222M 222M 222M
Total Cash From Financing Activities -45.97M -43.77M -80.67M -176.06M
Change To Operating Activities -12.47M 7.3M -14M -6.46M
Issuance Of Stock 1.09M 1.45M 1.8M 1.74M
Net Income 144.74M 175.63M 208.74M 184.63M
Change In Cash 43.13M -27.13M 19.35M -128.73M
Effect Of Exchange Rate
Total Cash From Operating Activities 156.35M 187.29M 258.06M 216.22M
Depreciation 13.63M 17.94M 35.55M 43.9M
Change To Account Receivables 12.7M -28.29M -44.35M 42.51M
Other Cashflows From Financing Activities -518k -360k -1.42M -1.42M
Change To Netincome 14.7M 20.25M 83.69M 44.86M
Capital Expenditures -67.27M -172.82M -159.39M -176.23M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development 4.5M 3.4M 6M 500k
Income Before Tax 189.7M 234.63M 275.39M 246.84M
Net Income 144.74M 175.63M 208.74M 184.63M
Selling General Administrative 113.8M 122.42M 133.62M 141.33M
Gross Profit 306.5M 359.46M 460.5M 403.99M
Ebit 188.2M 233.63M 320.88M 262.16M
Operating Income 188.2M 233.63M 320.88M 262.16M
Interest Expense
Income Tax Expense 44.96M 59M 66.65M 62.21M
Total Revenue 745.35M 880.83M 1.2B 1.11B
Cost Of Revenue 438.84M 521.37M 736.45M 702.05M
Total Other Income ExpenseNet 1.5M 999k -45.49M -15.32M
Net Income From Continuing Ops 144.74M 175.63M 208.74M 184.63M
Net Income Applicable To Common Shares 144.74M 175.63M 208.74M 184.63M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 143.06M 181.96M 195.29M 415.36M
Total Stockholder Equity 449.18M 588.53M 725.03M 518.35M
Other Current Liabilities 11.92M 13.29M 10.78M 9.91M
Total Assets 592.24M 770.49M 920.32M 933.71M
Common Stock 1.4M 1.41M 1.41M 1.41M
Other Current Assets 350k 1.32M 576k 339k
Retained Earnings 561.68M 737.31M 946.05M 1.13B
Treasury Stock -237.2M -276.27M -350.21M -745.27M
Cash 148.83M 121.7M 141.05M 12.32M
Total Current Liabilities 78.67M 106.35M 88.7M 290.6M
Other Stockholder Equity
Property, Plant, and Equipment 211.35M 370.92M 494.94M 620.88M
Total Current Assets 303.2M 322M 401.05M 286.84M
Net Tangible Assets 375.09M 514.87M 706.03M 499.77M
Net Receivables 89.63M 123.45M 160.61M 122.04M
Accounts Payable 15.23M 38.62M 24.86M 19.93M


Insider Transactions

Here are the insider transactions of stock shares related to TREX Co. Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
GUPP WILLIAM RStock Award(Grant) at price 56.80 per share.D2023-02-14Officer12.09k
ZAMBANINI ADAM DANTEStock Award(Grant) at price 56.80 per share.D2023-02-14Officer20.38k
SCHEMM DENNIS CHARLESStock Award(Grant) at price 56.80 per share.D2023-02-14Chief Financial Officer16.25k
FAIRBANKS BRYAN HORIXStock Award(Grant) at price 56.80 per share.D2023-02-14Chief Executive Officer51.16k
GUPP WILLIAM RConversion of Exercise of derivative security at price 5.49 per share.D2023-02-08Officer2.21k
GUPP WILLIAM RConversion of Exercise of derivative security at price 5.49 per share.D2023-01-31Officer2.21k
GOLDEN MICHAEL FConversion of Exercise of derivative security at price 5.49 per share.D2023-01-18Director13.84k
GUPP WILLIAM RConversion of Exercise of derivative security at price 5.49 per share.D2023-01-18Officer2.21k
JUSTER KRISTINE LStock Award(Grant) at price 43.70 per share.D2023-01-03Director293
JUSTER KRISTINE LStock Award(Grant) at price 46.28 per share.D2022-10-03Director276
POSEY RICHARD EStock Award(Grant) at price 60.73 per share.D2022-07-27Retired1.67k
GRATZ JAY MStock Award(Grant) at price 60.73 per share.D2022-07-27Director1.98k
KAPLAN RONALD WStock Award(Grant) at price 60.73 per share.D2022-07-27Director1.98k
ROBINSON PATRICIA BStock Award(Grant) at price 60.73 per share.D2022-07-27Director1.98k
GOLDEN MICHAEL FStock Award(Grant) at price 60.73 per share.D2022-07-27Director1.98k
CLINE JAMES EStock Award(Grant) at price 60.73 per share.D2022-07-27Director1.98k
VOLAS GERALDStock Award(Grant) at price 60.73 per share.D2022-07-27Director1.98k
JUSTER KRISTINE LStock Award(Grant) at price 60.73 per share.D2022-07-27Director1.98k
LOVETT GENA C.Stock Award(Grant) at price 60.73 per share.D2022-07-27Director1.98k
POSEY RICHARD EStock Award(Grant) at price 56.30 per share.D2022-07-01Retired109
JUSTER KRISTINE LStock Award(Grant) at price 56.30 per share.D2022-07-01Director227
POSEY RICHARD EStock Award(Grant) at price 65.91 per share.D2022-04-01Director232
JUSTER KRISTINE LStock Award(Grant) at price 65.91 per share.D2022-04-01Director184
GUPP WILLIAM RStock Award(Grant) at price 82.01 per share.D2022-02-23Officer10.37k
ZAMBANINI ADAM DANTEStock Award(Grant) at price 82.01 per share.D2022-02-23Officer12.93k
SCHEMM DENNIS CHARLESStock Award(Grant) at price 82.01 per share.D2022-02-23Chief Financial Officer9.9k
FAIRBANKS BRYAN HORIXStock Award(Grant) at price 82.01 per share.D2022-02-23Chief Executive Officer31.66k
POSEY RICHARD EStock Award(Grant) at price 132.01 per share.D2022-01-03Director112
JUSTER KRISTINE LStock Award(Grant) at price 132.01 per share.D2022-01-03Director89
GOLDEN MICHAEL FSale at price 133.53 per share.D2021-12-02Director4.79k
GOLDEN MICHAEL FConversion of Exercise of derivative security at price 5.49 per share.D2021-12-01Director5k
GUPP WILLIAM RSale at price 127.89 - 131.00 per share.D2021-11-11General Counsel5.64k
ZAMBANINI ADAM DANTESale at price 127.89 per share.D2021-11-11Officer2.06k
FAIRBANKS BRYAN HORIXSale at price 127.89 per share.D2021-11-11Chief Executive Officer3.51k
POSEY RICHARD ESale at price 131.00 per share.D2021-11-10Director2.05k
POSEY RICHARD EStock Gift at price 0.00 per share.D2021-11-10Director1.38k
POSEY RICHARD ESale at price 127.65 per share.D2021-11-10Director4.23k
GUPP WILLIAM RConversion of Exercise of derivative security at price 10.97 per share.D2021-11-10General Counsel6.64k
ZAMBANINI ADAM DANTEConversion of Exercise of derivative security at price 17.52 per share.D2021-11-10Officer4.34k
SCHEMM DENNIS CHARLESSale at price 129.24 per share.D2021-11-10Chief Financial Officer1.72k
FAIRBANKS BRYAN HORIXConversion of Exercise of derivative security at price 17.52 per share.D2021-11-10Chief Executive Officer7.41k
POSEY RICHARD EConversion of Exercise of derivative security at price 5.89 - 6.00 per share.D2021-11-09Director2.14k
POSEY RICHARD EStock Award(Grant) at price 101.29 per share.D2021-10-01Director146
JUSTER KRISTINE LStock Award(Grant) at price 101.29 per share.D2021-10-01Director115
ROBINSON PATRICIA BSale at price 105.49 per share.D2021-08-09Director7.45k
ROBINSON PATRICIA BSale at price 105.49 per share.D2021-08-09Director7.45k
ROBINSON PATRICIA BConversion of Exercise of derivative security at price 3.55 per share.D2021-08-06Director7.71k
ROBINSON PATRICIA BConversion of Exercise of derivative security at price 3.55 per share.D2021-08-06Director7.71k
ZAMBANINI ADAM DANTESale at price 104.77 per share.D2021-08-06Officer7.24k
ZAMBANINI ADAM DANTEConversion of Exercise of derivative security at price 5.48 per share.D2021-08-05Officer13.92k
CLINE JAMES ESale at price 96.68 - 98.92 per share.D2021-08-04Director18.43k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TREX Co. Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TREX Co. Inc

Here is the result of two systematic investment strategies applied to TREX Co. Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TREX Co. Inc

The following chart shows the equity curve of the two systematic investment strategies applied to TREX Co. Inc:

TREX Co. Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 95.81% on the backtest period.

Performance at glance

Performance

95.81 %

Latent gain

2152.55 $

Invested capital

2246.75 $

Annualized return

23.14 %
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Momentum strategy results on TREX Co. Inc

This is the result of two momentum investment strategies applied to TREX Co. Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TREX Co. Inc

The following chart shows all the entries opened by the momentum investment system on TREX Co. Inc:

TREX Co. Inc momentum entries
  • The first momentum investment strategy would give 120.6% of return on TREX Co. Inc. That represents 6159.24$ of latent gain with 5107.26$ of employed capital.
  • The second momentum investment strategy would give 122.26% of return on TREX Co. Inc. That represents 5075.95$ of latent gain with 4151.84$ of employed capital.
Performance at glance (1Q Momentum)

Performance

120.6 %

Latent gain

6159.24 $

Invested capital

5107.26 $

Annualized return

20.77 %
Performance at glance (2Q Momentum)

Performance

122.26 %

Latent gain

5075.95 $

Invested capital

4151.84 $

Annualized return

33.4 %

Momentum equity curve on TREX Co. Inc

The following chart shows the equity curve of the two momentum strategies applied to TREX Co. Inc:

TREX Co. Inc momentum equity

Note: the dividends potentially given by TREX Co. Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TREX Co. Inc

The following chart shows the employed capital evolution of the two momentum strategies on TREX Co. Inc since the beginning:

TREX Co. Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on TREX Co. Inc

Buy the dip entry openings on TREX Co. Inc

TREX Co. Inc

The performance achieved by the robo-advisor on TREX Co. Inc is 44.45%. That represents 693.36$ of latent gain with 1559.94$ of employed capital. The following chart shows TREX Co. Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TREX Co. Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

44.45 %

Latent gain

693.36 $

Invested capital

1559.94 $

Annualized return

20.77 %

Equity curve of the strategy applied to TREX Co. Inc

The following chart shows the result of the investment strategy applied to TREX Co. Inc:

TREX Co. Inc

Note: the dividends potentially given by TREX Co. Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TREX Co. Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on TREX Co. Inc:

TREX Co. Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TREX Co. Inc

In this section, I will compare the three previous investment strategies applied to TREX Co. Inc.

Equity curve comparison on TREX Co. Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TREX Co. Inc investment strategy comparison

Employed capital comparison on TREX Co. Inc

TREX Co. Inc investment comparison

Performance comparison on TREX Co. Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 95.81% 2152.55$ 2246.75$ 23.14%
Momentum 1 quarter 120.6% 6159.24$ 5107.26$ 30.92%
Momentum 2 quarters 122.26% 5075.95$ 4151.84$ 33.4%
Non-directional 44.45% 693.36$ 1559.94$ 20.77%
Annualized return comparison

Automatic investment

23.14 %

Momentum 1Q

33.4 %

Momentum 2Q

33.4 %

Non-directional

20.77 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TREX Co. Inc:

Positive correlations

Most correlated stocks this year

  • TREX Co. Inc

  • Most correlated stocks last 3 months

  • TREX Co. Inc
  • BJ ENT WATER

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between TREX Co. Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of TREX Co. Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name TREX Co. Inc
    Country United States
    City Winchester
    Address 160 Exeter Drive
    Phone 540 542 6300
    Website www.trex.com
    FullTime employees 1636
    Industry Building Products & Equipment
    Sector Industrials
    Exchange XNYS
    Ticker TREX
    Market www.nyse.com

    TREX Co. Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown