Trex Company Inc
Trex Company, Inc. manufactures and sells composite decking and railing products in the United States. The company offers decking products and accessories that can be used for protection against fading, staining, mold, and scratching, including Trex Transcend, which are decking products that can also be used as cladding; Trex Signature; Trex Transcend Lineage; Trex Select; Trex Enhance; Trex Hide… Read more
Trex Company Inc (TREX) - Net Assets
Latest net assets as of September 2025: $1.04 Billion USD
Based on the latest financial reports, Trex Company Inc (TREX) has net assets worth $1.04 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.45 Billion) and total liabilities ($410.00 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.04 Billion |
| % of Total Assets | 71.77% |
| Annual Growth Rate | 19.15% |
| 5-Year Change | 44.45% |
| 10-Year Change | 629.97% |
| Growth Volatility | 56.77 |
Trex Company Inc - Net Assets Trend (1997–2024)
This chart illustrates how Trex Company Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trex Company Inc (1997–2024)
The table below shows the annual net assets of Trex Company Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $850.14 Million | +18.62% |
| 2023-12-31 | $716.67 Million | +38.26% |
| 2022-12-31 | $518.35 Million | -28.51% |
| 2021-12-31 | $725.03 Million | +23.19% |
| 2020-12-31 | $588.53 Million | +31.02% |
| 2019-12-31 | $449.18 Million | +30.97% |
| 2018-12-31 | $342.96 Million | +48.31% |
| 2017-12-31 | $231.25 Million | +72.37% |
| 2016-12-31 | $134.16 Million | +15.20% |
| 2015-12-31 | $116.46 Million | +2.71% |
| 2014-12-31 | $113.39 Million | +6.35% |
| 2013-12-31 | $106.62 Million | +13.44% |
| 2012-12-31 | $93.99 Million | +1.61% |
| 2011-12-31 | $92.50 Million | -10.13% |
| 2010-12-31 | $102.92 Million | -15.72% |
| 2009-12-31 | $122.11 Million | -19.27% |
| 2008-12-31 | $151.26 Million | +60.87% |
| 2007-12-31 | $94.03 Million | -44.50% |
| 2006-12-31 | $169.41 Million | +2.97% |
| 2005-12-31 | $164.53 Million | +3.15% |
| 2004-12-31 | $159.51 Million | +25.40% |
| 2003-12-31 | $127.21 Million | +28.78% |
| 2002-12-31 | $98.78 Million | +20.48% |
| 2001-12-31 | $81.98 Million | +18.75% |
| 2000-12-31 | $69.04 Million | +39.76% |
| 1999-12-31 | $49.40 Million | +280.00% |
| 1998-12-31 | $13.00 Million | +73.33% |
| 1997-12-31 | $7.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trex Company Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 70920.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.56 Billion | 183.79% |
| Common Stock | $1.41 Million | 0.17% |
| Total Equity | $850.14 Million | 100.00% |
Trex Company Inc Competitors by Market Cap
The table below lists competitors of Trex Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Universal Display Corp.
LSE:0LJE
|
$4.06 Billion |
|
BofI Holding Inc
F:BB4
|
$4.06 Billion |
|
Mattel Inc
NASDAQ:MAT
|
$4.06 Billion |
|
SRF Limited
NSE:SRF
|
$4.07 Billion |
|
INPOST S.A. EO -01
F:669
|
$4.06 Billion |
|
Laurus Labs Limited
NSE:LAURUSLABS
|
$4.06 Billion |
|
CD Projekt S.A
PINK:OTGLF
|
$4.05 Billion |
|
Siegfried Holding AG
OTCGREY:SGFEF
|
$4.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trex Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 716,671,000 to 850,142,000, a change of 133,471,000 (18.6%).
- Net income of 226,392,000 contributed positively to equity growth.
- Share repurchases of 105,940,000 reduced equity.
- Other factors increased equity by 13,019,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $226.39 Million | +26.63% |
| Share Repurchases | $105.94 Million | -12.46% |
| Other Changes | $13.02 Million | +1.53% |
| Total Change | $- | 18.62% |
Book Value vs Market Value Analysis
This analysis compares Trex Company Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.85x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 192.94x to 4.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.20 | $38.08 | x |
| 1998-12-31 | $0.18 | $38.08 | x |
| 1999-12-31 | $0.48 | $38.08 | x |
| 2000-12-31 | $0.61 | $38.08 | x |
| 2001-12-31 | $0.72 | $38.08 | x |
| 2002-12-31 | $0.85 | $38.08 | x |
| 2003-12-31 | $1.08 | $38.08 | x |
| 2004-12-31 | $1.34 | $38.08 | x |
| 2005-12-31 | $1.38 | $38.08 | x |
| 2006-12-31 | $1.42 | $38.08 | x |
| 2007-12-31 | $0.79 | $38.08 | x |
| 2008-12-31 | $0.91 | $38.08 | x |
| 2009-12-31 | $1.04 | $38.08 | x |
| 2010-12-31 | $0.85 | $38.08 | x |
| 2011-12-31 | $0.75 | $38.08 | x |
| 2012-12-31 | $0.69 | $38.08 | x |
| 2013-12-31 | $0.78 | $38.08 | x |
| 2014-12-31 | $0.87 | $38.08 | x |
| 2015-12-31 | $0.92 | $38.08 | x |
| 2016-12-31 | $1.13 | $38.08 | x |
| 2017-12-31 | $1.95 | $38.08 | x |
| 2018-12-31 | $2.90 | $38.08 | x |
| 2019-12-31 | $3.83 | $38.08 | x |
| 2020-12-31 | $5.06 | $38.08 | x |
| 2021-12-31 | $6.26 | $38.08 | x |
| 2022-12-31 | $4.63 | $38.08 | x |
| 2023-12-31 | $6.59 | $38.08 | x |
| 2024-12-31 | $7.85 | $38.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trex Company Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.66%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.56x
- Recent ROE (26.63%) is above the historical average (20.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 74.67% | 16.42% | 0.92x | 4.96x | $4.85 Million |
| 1998 | 63.91% | 18.16% | 0.91x | 3.86x | $7.17 Million |
| 1999 | 23.48% | 15.61% | 0.94x | 1.61x | $6.66 Million |
| 2000 | 27.96% | 16.42% | 0.75x | 2.27x | $12.40 Million |
| 2001 | 11.04% | 7.74% | 0.63x | 2.25x | $851.50K |
| 2002 | 16.99% | 10.04% | 0.91x | 1.86x | $6.90 Million |
| 2003 | 16.50% | 10.99% | 0.91x | 1.65x | $8.27 Million |
| 2004 | 17.02% | 10.71% | 0.88x | 1.80x | $11.20 Million |
| 2005 | 1.52% | 0.85% | 1.03x | 1.74x | $-13.95 Million |
| 2006 | 1.38% | 0.70% | 0.96x | 2.08x | $-14.60 Million |
| 2007 | -80.73% | -23.08% | 1.00x | 3.50x | $-85.31 Million |
| 2008 | 12.38% | 4.12% | 1.03x | 2.93x | $2.60 Million |
| 2009 | -13.10% | -6.04% | 1.06x | 2.04x | $-29.01 Million |
| 2010 | -9.78% | -3.17% | 1.28x | 2.41x | $-20.36 Million |
| 2011 | -12.53% | -4.34% | 1.17x | 2.47x | $-20.84 Million |
| 2012 | 2.89% | 0.88% | 1.82x | 1.79x | $-6.68 Million |
| 2013 | 32.45% | 10.10% | 1.82x | 1.76x | $23.94 Million |
| 2014 | 36.62% | 10.60% | 2.00x | 1.73x | $30.18 Million |
| 2015 | 41.30% | 10.91% | 2.08x | 1.82x | $36.45 Million |
| 2016 | 50.57% | 14.15% | 2.17x | 1.65x | $54.43 Million |
| 2017 | 41.14% | 16.83% | 1.73x | 1.41x | $72.00 Million |
| 2018 | 39.24% | 19.67% | 1.47x | 1.36x | $100.28 Million |
| 2019 | 32.22% | 19.42% | 1.26x | 1.32x | $99.82 Million |
| 2020 | 29.84% | 19.94% | 1.14x | 1.31x | $116.78 Million |
| 2021 | 28.79% | 17.44% | 1.30x | 1.27x | $136.23 Million |
| 2022 | 35.62% | 16.69% | 1.18x | 1.80x | $132.79 Million |
| 2023 | 28.66% | 18.76% | 1.17x | 1.30x | $133.72 Million |
| 2024 | 26.63% | 19.66% | 0.87x | 1.56x | $141.38 Million |
Industry Comparison
This section compares Trex Company Inc's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $287,437,890
- Average return on equity (ROE) among peers: 3.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trex Company Inc (TREX) | $1.04 Billion | 74.67% | 0.39x | $4.06 Billion |
| AAON Inc (AAON) | $96.52 Million | 29.62% | 0.46x | $5.36 Billion |
| AC Partners Inc (ACPS) | $705.96K | -5.90% | 0.29x | $4.89K |
| Antelope Enterprise Holdings Ltd (AEHL) | $1.44 Billion | 16.90% | 0.16x | $2.07 Million |
| Armstrong Flooring Inc (AFIIQ) | $391.00 Million | -41.69% | 0.81x | $2.18K |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $91.75 Million |
| Atlas Engineered Products Ltd (APEUF) | $19.81 Million | 35.10% | 0.81x | $33.22 Million |
| Apogee Enterprises Inc (APOG) | $406.19 Million | 16.09% | 0.62x | $694.45 Million |
| Alpha Pro Tech Ltd (APT) | $7.10 Million | 15.49% | 0.41x | $38.91 Million |
| Arlo Technologies (ARLO) | $103.28 Million | -21.34% | 1.76x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $122.47 Million | -5.24% | 0.14x | $253.70 Million |