Trex Company Inc (TREX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 305,673 | 276,204 | 246,735 | 275,376 | 233,635 |
| Revenue | US$ in thousands | 1,148,820 | 1,091,690 | 1,090,750 | 1,197,010 | 881,886 |
| Operating profit margin | 26.61% | 25.30% | 22.62% | 23.01% | 26.49% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $305,673K ÷ $1,148,820K
= 26.61%
The operating profit margin of Trex Company Inc has shown a slight decrease from 26.49% in December 2020 to 23.01% in December 2021. There was a further decline to 22.62% in December 2022. However, the company's performance improved in December 2023 with an operating profit margin of 25.30%, and continued to strengthen in December 2024 reaching 26.61%. This indicates that the company has been able to enhance its operational efficiency and generate higher profits relative to its revenue in the most recent period. It is important to keep monitoring the trend of the operating profit margin to assess the company's ability to efficiently manage its operating expenses and improve profitability over time.
Peer comparison
Dec 31, 2024