earnings
confidence high
sentiment positive
materiality 0.80
Trex Q4 sales $168M, down 14%; FY net income up 10%; guides FY25 rev growth ~6%
TREX CO INC
2024-FY EPS reported
$2.09
revenue$1,151,449,000
- Q4 net sales $168M (-14.4% YoY); gross margin 32.7% vs 36.1% prior year.
- FY24 net sales $1.2B (+5.2%); net income $226M ($2.09 EPS, +10.2% YoY); EBITDA $360M, margin 31.3%.
- 2025 revenue guidance $1.21B-$1.23B (~6% midpoint growth); adj. EBITDA margin >31%.
- Q1 2025 revenue guided $325M-$330M; ~$40M shift from Q1 to remainder of year due to inventory strategy.
- Repurchased 1.6M shares for $100M in 2024; capex ~$200M for Arkansas campus.