Trex Company Inc (TREX)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 305,675 | 318,347 | 350,406 | 338,269 | 276,205 | 262,702 | 195,690 | 208,732 | 246,736 | 262,548 | 341,293 | 305,841 | 275,378 | 303,109 | 261,950 | 242,989 | 233,635 | 221,707 | 219,792 | 204,135 |
| Revenue (ttm) | US$ in thousands | 1,148,955 | 1,177,946 | 1,248,794 | 1,227,557 | 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 |
| Operating profit margin | 26.60% | 27.03% | 28.06% | 27.56% | 25.28% | 24.48% | 20.45% | 21.12% | 22.62% | 21.56% | 25.00% | 23.70% | 23.00% | 27.03% | 25.75% | 26.23% | 26.50% | 27.10% | 28.11% | 26.60% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $305,675K ÷ $1,148,955K
= 26.60%
Trex Company Inc's operating profit margin has shown fluctuations over the analyzed period, starting at 26.60% on March 31, 2020, with a subsequent increase to 28.11% on June 30, 2020. However, there was a slight decline to 27.10% by September 30, 2020, and a further decrease to 26.50% by the end of December 2020.
The trend continued with a minor decrease to 26.23% on March 31, 2021, and a more significant decline to 25.75% by June 30, 2021. The operating profit margin then saw an improvement to 27.03% on September 30, 2021.
However, on December 31, 2021, there was a notable decrease in the operating profit margin to 23.00%, followed by a slight recovery to 23.70% on March 31, 2022. The operating profit margin increased to 25.00% by June 30, 2022.
Subsequently, there was a significant decline to 21.56% on September 30, 2022, followed by a further decrease to 22.62% by December 31, 2022. The downward trend continued with operating profit margins of 21.12% on March 31, 2023, and 20.45% on June 30, 2023.
However, there was a notable improvement to 24.48% by September 30, 2023, and a further increase to 25.28% on December 31, 2023. The operating profit margin continued to rise, reaching 27.56% by March 31, 2024, and peaking at 28.06% by June 30, 2024.
As of the most recent data point on December 31, 2024, the operating profit margin stood at 26.60%. This indicates a fluctuating trend with both decreases and increases throughout the analyzed period. The company may need to focus on maintaining consistent profitability to ensure sustained financial performance.
Peer comparison
Dec 31, 2024