Trex Historical Income Statement

TREX Stock  USD 72.25  1.91  2.72%   
Historical analysis of Trex income statement accounts such as Gross Profit of 475 M, Other Operating Expenses of 859.6 M, Operating Income of 290 M or Ebit of 290 M can show how well Trex Company performed in making a profits. Evaluating Trex income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Trex's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Trex Company latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Trex Company is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trex Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Trex Income Statement Analysis

Trex Company Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Trex shareholders. The income statement also shows Trex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Trex Income Statement Chart

At this time, Trex's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 74.4 M in 2024, whereas Interest Expense is likely to drop 4,750 in 2024.

Total Revenue

Total revenue comprises all receipts Trex Company generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Trex Company minus its cost of goods sold. It is profit before Trex operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Trex Company. It is also known as Trex overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Trex's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Trex Company current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trex Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Trex's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 74.4 M in 2024, whereas Interest Expense is likely to drop 4,750 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense91.0M30.7M5K4.8K
Depreciation And Amortization35.9M44.3M50.2M52.7M

Trex income statement Correlations

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0.330.40.440.360.440.330.420.420.480.210.32-0.040.330.270.390.410.10.45-0.410.220.44-0.170.16
0.660.40.870.850.870.820.830.830.870.850.810.260.820.770.440.90.820.85-0.320.220.670.44-0.2
0.790.440.870.991.00.970.980.990.990.950.970.450.970.930.380.920.820.94-0.450.110.760.49-0.5
0.740.360.850.990.980.990.991.00.970.960.990.510.990.960.420.930.840.94-0.420.120.720.52-0.53
0.820.440.871.00.980.950.960.981.00.960.950.40.950.90.350.90.810.92-0.460.090.770.49-0.51
0.690.330.820.970.990.951.00.990.950.931.00.561.00.970.40.940.850.95-0.380.160.690.5-0.51
0.690.420.830.980.990.961.01.00.960.920.990.550.990.960.420.950.830.96-0.410.170.710.46-0.47
0.750.420.830.991.00.980.991.00.970.930.990.50.990.950.40.930.830.96-0.450.110.750.51-0.52
0.810.480.870.990.971.00.950.960.970.940.940.40.950.890.340.90.790.92-0.460.110.780.46-0.47
0.820.210.850.950.960.960.930.920.930.940.920.390.930.890.380.840.830.85-0.42-0.020.690.62-0.63
0.670.320.810.970.990.951.00.990.990.940.920.591.00.970.40.940.850.94-0.370.160.680.5-0.51
-0.03-0.040.260.450.510.40.560.550.50.40.390.590.590.570.180.60.460.45-0.030.240.220.15-0.15
0.670.330.820.970.990.951.00.990.990.950.931.00.590.950.410.950.850.94-0.380.180.690.5-0.5
0.630.270.770.930.960.90.970.960.950.890.890.970.570.950.350.90.820.9-0.350.120.640.48-0.49
0.070.390.440.380.420.350.40.420.40.340.380.40.180.410.350.430.160.360.050.27-0.040.07-0.07
0.540.410.90.920.930.90.940.950.930.90.840.940.60.950.90.430.860.94-0.290.360.660.35-0.22
0.650.10.820.820.840.810.850.830.830.790.830.850.460.850.820.160.860.85-0.360.110.750.61-0.4
0.70.450.850.940.940.920.950.960.960.920.850.940.450.940.90.360.940.85-0.440.160.780.49-0.4
-0.65-0.41-0.32-0.45-0.42-0.46-0.38-0.41-0.45-0.46-0.42-0.37-0.03-0.38-0.350.05-0.29-0.36-0.440.45-0.68-0.420.42
-0.380.220.220.110.120.090.160.170.110.11-0.020.160.240.180.120.270.360.110.160.45-0.29-0.630.61
0.850.440.670.760.720.770.690.710.750.780.690.680.220.690.64-0.040.660.750.78-0.68-0.290.66-0.46
0.69-0.170.440.490.520.490.50.460.510.460.620.50.150.50.480.070.350.610.49-0.42-0.630.66-0.8
-0.70.16-0.2-0.5-0.53-0.51-0.51-0.47-0.52-0.47-0.63-0.51-0.15-0.5-0.49-0.07-0.22-0.4-0.40.420.61-0.46-0.8
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Trex Account Relationship Matchups

Trex income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization14.0M17.9M35.9M44.3M50.2M52.7M
Interest Expense1.5M999K91.0M30.7M5K4.8K
Selling General Administrative82.6M94.1M108.9M98.5M124.1M67.0M
Total Revenue745.3M880.8M1.2B1.1B1.1B1.1B
Gross Profit306.5M359.5M460.5M404.0M452.4M475.0M
Other Operating Expenses557.1M647.2M876.1M843.9M818.6M859.6M
Operating Income188.2M233.6M275.4M246.7M276.2M290.0M
Ebit188.2M233.6M320.9M262.2M276.2M290.0M
Ebitda202.2M251.6M356.8M306.5M326.4M342.7M
Cost Of Revenue438.8M521.4M736.4M702.1M642.4M674.6M
Total Operating Expenses118.3M125.8M139.6M141.8M176.2M185.0M
Income Before Tax189.7M234.6M275.4M246.8M276.2M290.0M
Total Other Income Expense Net1.5M999K15K103K(5K)(5.3K)
Net Income144.7M175.6M208.7M184.6M205.4M215.7M
Income Tax Expense45.0M59.0M66.7M62.2M70.8M74.4M
Research Development4.5M3.4M6M500K3.3M3.3M
Net Income Applicable To Common Shares144.7M175.6M208.7M184.6M212.3M222.9M
Net Income From Continuing Ops144.7M175.6M208.7M184.6M193.5M111.7M
Selling And Marketing Expenses35.7M31.7M30.7M43.3M48.8M33.6M
Tax Provision45.0M59.0M66.7M62.2M66.6M55.3M
Interest Income1.5M999K15K103K92.7K88.1K
Net Interest Income1.5M999K15K103K(2.6M)(2.4M)
Reconciled Depreciation14.0M17.9M35.9M44.3M48.2M30.5M

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Additional Tools for Trex Stock Analysis

When running Trex's price analysis, check to measure Trex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.