Trex Company, Inc. (TREX) is a publicly traded company in the Basic Materials — Construction Materials industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Trex Company, Inc. is a leading U.S. manufacturer and distributor specializing in outdoor living products for both residential and commercial applications. The company's operations are segmented into Trex Residential and Trex Commercial. For its residential clientele, Trex offers a diverse selection of composite decking under names like Trex Transcend, Trex Select, and Trex Enhance, designed for superior resistance against fading, staining, mold, and scratching.
Is Trex Company, Inc. stock overvalued or undervalued in 2026?
As of October 4, 2026, Trex Company, Inc. (TREX) trades at 26.3× earnings (P/E), against a median of 19.1× across the 173 materials companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (26.3) does not tell whether it is cheap.
Kaplio overview: Trex Company, Inc.
Market cap $5B · 52 weeks $30 – $54 (17 % below the high) · P/E 26.3× · 2027 expected P/E 21.6× · Dividend none · Next earnings November 4, 2026 · expected EPS $0.48 · Price as of Oct 4 · accounts published Aug 4.
- Valuation: P/E 26.3× (no verdict).
- Business: ROIC 13 % (fair).
- Balance sheet: Net debt/EBITDA 0.7× (solid).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (26.3) does not tell whether it is cheap.
In cyclicals the P/E misleads; on its average earnings over 10 years it trades at 30.0 times.
What matters in materials: 4 of 7 pass
- FCF yield 4.8 %, fails.
- Capex / D&A 3.7×, fails.
- P/B across cycles 4.5×, fails.
- Gross margin 39.2 %, passes.
- Net debt / EBITDA (trough) 0.7×, passes.
- Altman Z-Score 8.0, passes.
- Cycle-adjusted EV/EBITDA 16.5×, passes.
Against its peers (reference peers) — Trex Company, Inc.: P/E 26.3×; EV/EBITDA 16.5×; ROIC 12.5 %; $4.5B. Fortune Brands Innovations, Inc. (P/E 31.4×; EV/EBITDA 11.9×; ROIC 8.4 %; $4.6B), Arcosa, Inc. (P/E 14.7×; EV/EBITDA 11.3×; ROIC 6.7 %; $7.2B), KBR, Inc. (P/E 10.3×; EV/EBITDA 8.1×; ROIC 10.2 %; $4.3B).
Expensive or cheap against its last ten years?
P/E at each close: today 26.3× · median 37.5× · minimum 14.8× · maximum 92.8× · cheap below 31.7× · expensive above 50.1×. It has been cheaper than today only 12% of the time over its last ten years.
Profitability
| Return on Equity | 17.38% |
| Return on Invested Capital | 12.53% |
| Return on Assets | 10.90% |
| Gross Margin | 38.20% |
| Operating Margin | 20.17% |
| Net Margin | 14.68% |
Financial Health
| Debt / Equity | 0.29 |
| Current Ratio | 1.06 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 8.02 |
Related companies: ACA · BZ · CPA · ECG · FBIN · GVA · KBR
Explore sector: Basic Materials · Construction Materials
More sections of TREX: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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