TREX CO INC (TREX) Form 10-Q — Aug 4, 2026
Trex Company's Q2 2026 net sales rose 7.8% to $418.0 million, but net income fell 18.5% to $61.9 million and diluted EPS declined to $0.60 from $0.71 a year ago. Profitability compressed as gross profit was essentially flat at $158.3 million (+0.1%) on sharply higher cost of sales, SG&A rose 21% to $67.5 million, and the company recorded $4.7 million of other expenses from an asset write-down, while $253.0 million drawn on its revolver produced $2.3 million of net interest expense. Six-month net income was down 9.6% to $123.3 million on sales of $761.4 million, up 4.6%.
Key figures
- Eps
- 0.6
- Revenue
- 418019000
- Net Income
- 61876000
- Total Debt
- 253000000
- Revenue Yoy
- 7.8%
- Total Assets
- 1626468000
- Cash Position
- 6475000
- Shares Outstanding
- 101865190
- Sga q2
- 67480000
- Ebitda q2
- 105559000
- Ebitda ytd
- 207435000
- Capex h1 2026
- 57300000
- Ebitda q2 yoy
- -10.7%
- Asr prepayment
- 100000000
- Ebitda ytd yoy
- -3.1%
- Net income yoy
- -18.5%
- Diluted eps yoy
- -15.5%
- Gross profit q2
- 158344000
- Gross profit yoy
- 0.1%
- Warranty reserve
- 31286000
- Other expenses q2
- 4672000
- Q2 2025 net sales
- 387801000
- Six month revenue
- 761422000
- Capex guidance 2026
- $100 million to $120 million
- Credit facility size
- 700000000
- Six month net income
- 123279000
- Revolver availability
- 443900000
- Six month diluted eps
- 1.19
- Six month revenue yoy
- 4.6%
- Debt to ebitda covenant
- <= 3.75x
- Net interest expense q2
- 2327000
- Credit facility maturity
- March 26, 2031
- Six month net income yoy
- -9.6%
- Irb gross asset liability
- 450000000
- New buyback authorization
- 150000000
- Q2 diluted eps prior year
- 0.71
- Interest coverage covenant
- >= 2.50x
- Shares repurchased h1 2026
- 3.9 million
- Weighted avg interest rate
- 4.6%
- Shares remaining under program
- 13470185
- Revolver borrowings prior year end
- 133500000
Price after filing
Close on the filing date to close N calendar days later (from $43.93). Historical, not a forecast.
AI analysis
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