TREX Trex margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 63

Gross margin

37.1%

Operating margin

19.2%

EBITDA margin

25.2%

Net margin

13.9%

Using the latest TTM figures, Trex shows a gross margin of 37.1%, an operating margin of 19.2%, an EBITDA margin of 25.2%, and a net margin of 13.9%. Operating margin had the largest decline, contracting by 5 percentage points, while the other available margins also decreased.

TREX margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Trex recorded average margins of 40.85% gross, 24.37% operating, 29.38% EBITDA, and 18.02% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.

TREX margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all declined, with operating margin showing the largest decrease at 5 percentage points.

Gross margin expansion

-3.7pp

Operating margin expansion

-5pp

EBITDA margin expansion

-4.1pp

Net margin expansion

-3.9pp

TREX Gross margin

Over the last 3 years, Trex's gross margin averaged 40.85%. The current gross margin of 37.1% is 3.8 percentage points below its three-year average. During this period, gross margin reached a high of 43.6% in Dec 2024 and a low of 37.1% in Sep 2026.

TREX Operating margin

Reviewing the last 3 years, Trex recorded an average operating margin of 24.37%. Trex's current operating margin is 19.2% and is 5.2 percentage points below its three-year average. The highest operating margin for Trex was 28% in Dec 2024, while the lowest was 19.2% in Sep 2026.

TREX EBITDA margin

Looking back over the last 3 years, Trex recorded an average EBITDA margin of 29.38%. Trex's current EBITDA margin is 25.2% and is 4.2 percentage points below its three-year average. The highest EBITDA margin for Trex was 32.7% in Dec 2024, while the lowest was 25.2% in Sep 2026.

TREX Net margin

Across the last 3 years, Trex's net margin stood at 18.02%. At present, the current net margin for Trex is 13.9%, 4.1 percentage points below its three-year average. Net margin was highest at 21% in Jun 2024 and lowest at 13.9% in Sep 2026.

TREX margin group comparison

Margins compared with peer-group, industry and sector averages

Trex's gross margin of 37.1% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 32.5%, Trex's gross margin is 14% higher.

TREX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Trex's gross margin?

As of Sep 30, 2026, TREX has a gross margin of 37.1%.

What is Trex's operating margin?

For the period ending Sep 30, 2026, TREX recorded an operating margin of 19.2%.

What is Trex's EBITDA margin?

As of Sep 30, 2026, TREX has an EBITDA margin of 25.2%.

What is Trex's net margin?

For the period ending Sep 30, 2026, TREX recorded a net margin of 13.9%.

What are the average margins of TREX?

Over the last 3 years, Trex's margins averaged 40.9% gross, 24.4% operating, 29.4% EBITDA, and 18.0% net.

What are the highest historical margins of TREX?

Trex's highest recorded margins during the past 5 years were 43.6% gross in Dec 2024, 28% operating in Dec 2024, 32.7% EBITDA in Dec 2024, and 21% net in Jun 2024.

What are the lowest historical margins of TREX?

Across the 5-year period, TREX posted its lowest margins at 36.2% gross in Mar 2023, 19.2% operating in Sep 2026, 24.8% EBITDA in Jun 2023, and 13.9% net in Sep 2026.