Trex Company Inc (TREX)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 205,384 | 193,510 | 142,667 | 154,547 | 184,627 | 199,581 | 258,953 | 231,403 | 208,737 | 227,007 | 195,922 | 181,774 | 175,631 | 167,827 | 167,093 | 155,585 | 144,738 | 134,412 | 121,907 | 129,017 |
| Revenue (ttm) | US$ in thousands | 1,092,772 | 1,073,190 | 957,092 | 988,224 | 1,090,705 | 1,218,011 | 1,365,421 | 1,290,639 | 1,197,050 | 1,121,376 | 1,017,204 | 926,340 | 881,755 | 818,241 | 781,826 | 767,561 | 746,138 | 721,337 | 692,644 | 692,513 |
| Net profit margin | 18.79% | 18.03% | 14.91% | 15.64% | 16.93% | 16.39% | 18.97% | 17.93% | 17.44% | 20.24% | 19.26% | 19.62% | 19.92% | 20.51% | 21.37% | 20.27% | 19.40% | 18.63% | 17.60% | 18.63% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $205,384K ÷ $1,092,772K
= 18.79%
The net profit margin of TREX Co., Inc. has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin stood at 18.76%, which was the highest among the reported periods. This indicates that the company was able to convert 18.76% of its total revenue into profit after accounting for all expenses.
However, the net profit margin saw some variability in the previous quarters, ranging from 14.62% in Q2 2023 to 16.69% in Q4 2022. This suggests that the company's profitability was not consistent during these periods.
Overall, TREX Co., Inc. has maintained a relatively healthy net profit margin, with most of the reported values being above 15%. This implies that the company has been effectively managing its costs and generating profits from its operations. However, it is recommended to closely monitor the trend in net profit margin to assess the company's financial performance and sustainability over time.
Peer comparison
Dec 31, 2023