Trex Company Inc (TREX)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 305,684 | 276,199 | 246,826 | 275,437 | 234,634 |
| Revenue | US$ in thousands | 1,148,820 | 1,091,690 | 1,090,750 | 1,197,010 | 881,886 |
| Pretax margin | 26.61% | 25.30% | 22.63% | 23.01% | 26.61% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $305,684K ÷ $1,148,820K
= 26.61%
Trex Company Inc's pretax margin has shown some fluctuations over the past five years. In December 2020, the pretax margin was 26.61%, which decreased to 23.01% by December 2021. Further decline was seen in December 2022, with a pretax margin of 22.63%. However, there was a slight improvement in December 2023, with the pretax margin increasing to 25.30%. Finally, by December 2024, the pretax margin returned to its previous level of 26.61%.
These fluctuations in the pretax margin may indicate varying levels of efficiency in managing operating expenses and generating profits before taxes. It would be important for Trex Company Inc to closely monitor and potentially address the factors impacting these fluctuations to ensure consistent profitability in the future.
Peer comparison
Dec 31, 2024