Trex Company Inc (TREX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 226,392 | 205,384 | 184,626 | 208,737 | 175,631 |
| Revenue | US$ in thousands | 1,148,820 | 1,091,690 | 1,090,750 | 1,197,010 | 881,886 |
| Net profit margin | 19.71% | 18.81% | 16.93% | 17.44% | 19.92% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $226,392K ÷ $1,148,820K
= 19.71%
The net profit margin of Trex Company Inc has shown a slight decrease from 19.92% as of December 31, 2020, to 17.44% as of December 31, 2021. This decline continued as the net profit margin further decreased to 16.93% as of December 31, 2022. However, there was a notable improvement in the net profit margin in the following year, reaching 18.81% as of December 31, 2023. The positive trend continued in 2024, with the net profit margin increasing to 19.71% as of December 31. It is essential for the company to closely monitor and manage its expenses and revenue generation to sustain and improve its profitability in the future.
Peer comparison
Dec 31, 2024