TREX: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	1.17bn	1.15bn
Cost of revenue	714m	650m
Gross profit	460m	502m
Selling, general and administrative	202m	180m
Operating income	258m	322m
Pre-tax income	258m	322m
Income tax	68m	83m
Net income	190m	238m
Earnings per share	1.78	2.20
Earnings per share, diluted	1.78	2.20
Weighted average shares	107m	108m
Weighted average shares, diluted	107m	108m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	4m	4m	11m	6m	5m	1m	13m	1m
Receivables	327m	48m	164m	291m	391m	88m	140m	270m
Inventory	230m	239m	150m	142m	176m	257m	188m	149m
Current assets	580m	310m	338m	453m	592m	369m	353m	434m
Property, plant and equipment	1.05bn	1.05bn	1.03bn	1.00bn	967m	923m	853m	774m
Total assets	1.73bn	1.45bn	1.45bn	1.54bn	1.64bn	1.37bn	1.27bn	1.27bn
Current liabilities	566m	251m	282m	419m	602m	342m	251m	244m
Total liabilities	734m	419m	410m	549m	731m	487m	379m	375m
Equity	996m	1.03bn	1.04bn	989m	910m	887m	888m	895m
Shares outstanding	104m	106m	107m	107m	107m	107m	108m	109m
Shares issued	141m	141m	141m	141m	141m	141m	141m	141m
Treasury shares	37m	35m	34m	34m	34m	34m	33m	32m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	358m	144m
Depreciation and amortisation	63m	55m
Share-based compensation	9m	13m
Capital expenditure	224m	232m
Investing cash flow	−233m	−237m
Share buybacks	54m	106m
Financing cash flow	−122m	92m