TREX
Trex Company, Inc.34.94
+0.08+0.23%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
3.75BP/E (TTM)
18.99Basic EPS (TTM)
1.84Dividend Yield
0%Recent Filings
8-K
Trex starts $100M ASR
Trex launched a $100M accelerated share repurchase with Wells Fargo on February 26, 2026, prepaying February 27 for ~1.9M initial shares (80% of value). Final shares hinge on VWAP through May 21—or earlier if accelerated from April 9—less a $1.0674 discount; funded via credit line. ASR locks in Rule 10b5-1 buys. Final tally varies with stock price.
10-K
FY2025 results
Trex posted FY2025 net sales of $1.17B, up 2% y/y on mid-single-digit decking price hikes, yet gross margins slipped to 39.2% from 43.6% amid aluminum/steel cost surges, Enhance production tweaks, and Arkansas facility startup drags. Net income fell 20% to $190M, diluted EPS $1.78. Q4 saw heavy buybacks—1.5M shares at ~$33 average—while capex hit $234M, mostly Arkansas buildout. Cash flow roared to $358M on inventory drawdown. Strong liquidity with $413M revolver room persists. But channel inventory swings threaten quarterly demand.
8-K
Trex CEO succession plan
Trex announced CEO Bryan Fairbanks' resignation effective April 28, 2026, after 23 years, with no disagreements on operations. COO Adam Zambanini, 49, with 20+ years at Trex, succeeds him as President, CEO, and director; his salary rises to $900,000, incentives to 110% and 450% of base. Fairbanks aids transition through April 27, then consults up to 12 months at $16,666 monthly. Smooth internal handoff preserves continuity.
8-K
Trex Q4 sales beat; 2026 guidance up
Trex reported Q4 2025 net sales of $161M, down from $168M prior year, with full-year sales up 2% to $1.2B amid a tough R&R market. New products drove 24% of sales; railing grew double-digits. Q4 beat expectations. Guidance eyes 2026 revenue $1.185B-$1.230B, adjusted EBITDA $315M-$340M, backed by $50M Q4 buyback and $150M authorization.
8-K
Tasi joins Trex board
Trex appointed Irene Tasi as independent director effective February 9, 2026, boosting its board to eleven members, ten independent. Tasi, PPG's Chief Transformation Officer with 25+ years in building products at PPG and Masco, joins Audit and Compensation Committees. She brings transformation and growth expertise. Board shrinks to ten post-2026 annual meeting after Kaplan's retirement.
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