Trex Company, Inc. [NYSE: TREX] is the world's largest manufacturer of high-performance wood-alternative decking and railing, with more than 25 years of product experience. Stocked in more than 6,700 retail locations worldwide, Trex outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as a truly environmentally responsible choice.
Company profile
Ticker
TREX
Exchange
Website
CEO
Bryan Horix Fairbanks
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Trex Commercial Products, Inc. ...
IRS number
541910453
TREX stock data
Analyst ratings and price targets
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
28 Mar 23
ARS
2022 FY
Annual report to shareholders
21 Mar 23
DEFA14A
Additional proxy soliciting materials
21 Mar 23
DEF 14A
Definitive proxy
21 Mar 23
8-K/A
Results of Operations and Financial Condition
14 Mar 23
10-K
2022 FY
Annual report
27 Feb 23
8-K
Fourth Quarter Operating Results Exceed Expectations
27 Feb 23
8-K
Trex Company Announces Sale of Its Commercial Products Business
30 Dec 22
8-K
Entry into a Material Definitive Agreement
23 Dec 22
8-K/A
Results of Operations and Financial Condition
15 Nov 22
Transcripts
TREX
Earnings call transcript
2022 Q4
27 Feb 23
TREX
Earnings call transcript
2022 Q3
1 Nov 22
TREX
Earnings call transcript
2022 Q2
9 Aug 22
TREX
Earnings call transcript
2022 Q1
10 May 22
TREX
Earnings call transcript
2021 Q4
1 Mar 22
TREX
Earnings call transcript
2021 Q3
9 Nov 21
TREX
Earnings call transcript
2021 Q2
2 Aug 21
TREX
Earnings call transcript
2021 Q1
11 May 21
TREX
Earnings call transcript
2020 Q4
23 Feb 21
TREX
Earnings call transcript
2020 Q3
2 Nov 20
Latest ownership filings
4/A
William R. Gupp
3 Mar 23
4/A
Dennis Charles Schemm
3 Mar 23
4
Adam Dante Zambanini
3 Mar 23
4
Dennis Charles Schemm
3 Mar 23
4
William R. Gupp
3 Mar 23
4
Michael F Golden
3 Mar 23
4
BRYAN HORIX FAIRBANKS
3 Mar 23
4
Adam Dante Zambanini
21 Feb 23
4
Dennis Charles Schemm
21 Feb 23
4
BRYAN HORIX FAIRBANKS
21 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 12.33 mm | 12.33 mm | 12.33 mm | 12.33 mm | 12.33 mm | 12.33 mm |
| Cash burn (monthly) | (no burn) | 10.73 mm | (no burn) | (no burn) | 9.39 mm | (no burn) |
| Cash used (since last report) | n/a | 31.97 mm | n/a | n/a | 27.99 mm | n/a |
| Cash remaining | n/a | -19.64 mm | n/a | n/a | -15.66 mm | n/a |
| Runway (months of cash) | n/a | -1.8 | n/a | n/a | -1.7 | n/a |
Institutional ownership, Q4 2022
94.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 438 |
| Opened positions | 72 |
| Closed positions | 63 |
| Increased positions | 153 |
| Reduced positions | 144 |
| 13F shares | Current |
|---|---|
| Total value | 4.33 tn |
| Total shares | 102.74 mm |
| Total puts | 494.60 k |
| Total calls | 127.00 k |
| Total put/call ratio | 3.9 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 12.39 mm | $524.35 bn |
| Vanguard | 10.18 mm | $430.71 bn |
| Wasatch Advisors | 6.15 mm | $260.39 bn |
| Clearbridge Advisors | 4.51 mm | $190.97 bn |
| Bamco | 3.51 mm | $148.70 bn |
| STT State Street | 3.50 mm | $147.97 bn |
| Alliancebernstein | 3.03 mm | $128.31 bn |
| MCQEF Macquarie | 2.92 mm | $123.51 bn |
| William Blair Investment Management | 2.86 mm | $121.24 bn |
| Geode Capital Management | 1.96 mm | $84.44 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 Mar 23 | Golden Michael F | Common Stock | Sale back to company | Dispose D | No | No | 49.4275 | 20,000 | 988.55 k | 11,270 |
| 1 Mar 23 | Bryan Horix Fairbanks | Common Stock | Other | Dispose J | No | No | 50.4 | 5,081 | 256.08 k | 124,893 |
| 1 Mar 23 | Bryan Horix Fairbanks | Common Stock | Payment of exercise | Dispose F | No | No | 50.4 | 1,605 | 80.89 k | 129,974 |
| 1 Mar 23 | Gupp William R. | Common Stock | Other | Dispose J | No | No | 40.5 | 1,279 | 51.80 k | 116,835 |
| 1 Mar 23 | Gupp William R. | Common Stock | Payment of exercise | Dispose F | No | No | 40.5 | 405 | 16.40 k | 118,114 |
| 1 Mar 23 | Schemm Dennis Charles | Common Stock | Other | Dispose J | No | No | 40.5 | 1,453 | 58.85 k | 29,015 |
| 1 Mar 23 | Schemm Dennis Charles | Common Stock | Payment of exercise | Dispose F | No | No | 40.5 | 459 | 18.59 k | 30,468 |
| 1 Mar 23 | Adam Dante Zambanini | Common Stock | Other | Dispose J | No | No | 50.4 | 1,681 | 84.72 k | 180,657 |
| 1 Mar 23 | Adam Dante Zambanini | Common Stock | Payment of exercise | Dispose F | No | No | 50.4 | 531 | 26.76 k | 182,338 |
News
Benchmark Maintains Buy on Trex Co, Raises Price Target to $64
1 Mar 23
Loop Capital Maintains Hold on Trex Co, Raises Price Target to $55
28 Feb 23
Stephens & Co. Maintains Overweight on Trex Co, Raises Price Target to $65
28 Feb 23
These Analysts Revise Price Targets On Trex Following Upbeat Q4 Results
28 Feb 23
uniQure To Rally Around 162%? Here Are 10 Other Analyst Forecasts For Tuesday
28 Feb 23
Press releases
Trex Releases 2023 Outdoor Living Forecast
20 Mar 23
Trex Company Reports Fourth Quarter and Full Year 2022 Results
27 Feb 23
Trex Named 2023 America's Most Trusted® Composite Decking Brand
9 Feb 23
Trex Sets a New Standard for Outdoor Living With the Introduction of Trex Signature® Decking
2 Feb 23
Trex® Seal™ Earns Top Honors From Two Industry Award Programs
30 Jan 23