If You Invested $1000 In This Stock 10 Years Ago, You Would Have $12,000 Today

7/15/24 12:30:30 PM ET

Forest Products

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Trex Co (NYSE:TREX) has outperformed the market over the past 10 years by 16.72% on an annualized basis producing an average annual return of 27.72%. Currently, Trex Co has a market capitalization of $8.86 billion.

Buying $1000 In TREX: If an investor had bought $1000 of TREX stock 10 years ago, it would be worth $12,161.06 today based on a price of $81.55 for TREX at the time of writing.

Trex Co's Performance Over Last 10 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Recent Analyst Ratings for
$TREX

Date	Price Target	Rating	Analyst
8/7/2024	$115.00 → $72.00	Overweight → Equal-Weight	Stephens
8/7/2024	$95.00 → $75.00	Buy → Hold	Loop Capital
12/14/2023	$62.00 → $79.00	Underweight → Neutral	JP Morgan
12/13/2023	$66.00 → $74.00	Equal Weight → Underweight	Barclays
12/12/2023		Peer Perform	Wolfe Research
10/3/2023	$78.00	Buy	Goldman
8/25/2023	$72.00	Neutral	Citigroup
5/9/2023	$54.00 → $66.00	Neutral → Buy	BofA Securities

More analyst ratings

$TREX
Financials

Live finance-specific insights

Trex Company Reports Third Quarter 2024 Results
Continued Strength in Consumer Demand for Premium Products New Railing Product Introductions to Accelerate Market Share Gains Provides Update on New Arkansas Facility Reaffirms Full Year 2024 Sales Guidance and Expects to Achieve High End of EBITDA Guidance Range Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial results for the third quarter of 2024. Third Quarter Financial 2024 Highlights Net sales of $234 million Gross margin of 39.9% Net income of $41 million and diluted earnings per share of $0.37 EBITDA of $68 million
10/28/24 4:05:00 PM ET
$TREX
Forest Products
Basic Materials
Trex Company Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
Trex Company, Inc. (NYSE:TREX) the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, will issue its third quarter 2024 earnings release on Monday, October 28, 2024, after the close of the U.S. market. You are invited to participate in the Company's conference call hosted by senior management on October 28, 2024, at 5:00 PM ET. Their prepared remarks will be followed by a question-and-answer session. 3Q24 Conference Call Date & Time: Monday, October 28, 2024, at 5:00 PM ET To participate on the day of the call, dial 1-844-792-3734, or internationally 1-412-317-5126, approximately ten minutes bef
10/7/24 8:00:00 AM ET
$TREX
Forest Products
Basic Materials
Trex Company Reports Second Quarter 2024 Results
—Second Quarter Sales Growth Led by Premium Products— —Gross Margin Expansion Driven by Higher Utilization and Production Efficiencies— —Guiding to Third Quarter Revenues of $220 million to $230 million— —Full Year Sales Guidance Adjusted to Reflect Softness in Entry-Level Consumer Demand and Uncertain Economic Outlook; Maintains Full Year EBITDA Margin Guidance of 30% to 30.5%— Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today announced financial results for the second quarter of 2024. Second Quarter Financial 2024 Highlights Net sales of $37
8/6/24 4:05:00 PM ET
$TREX
Forest Products
Basic Materials

Trex Company Welcomes New Chief Information Officer to Leadership Team
Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing and a leader in high-performance, low-maintenance outdoor living products, announced that Dr. Anand Kangala, has joined Trex as its new Vice President and Chief Information Officer effective today. As a member of the Trex leadership team, Dr. Kangala will lead global IT functions and enterprise technology strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118130372/en/Dr. Anand Kangala, Vice President and Chief Information Officer, Trex Company, Inc. (Photo: Business Wire) "As a high growth company, we are committed
11/18/24 10:11:00 AM ET
$TREX
Forest Products
Basic Materials
Trex Adds Two New Hues With Enhanced Performance to Trex Enhance® Decking Line
Heat-mitigating* Technology Now Available at Even Cooler Price Points Trex Company (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, is expanding performance and aesthetic options for homeowners with the addition of two new colors to the brand's popular Trex Enhance® decking line – both featuring heat-mitigating* technology coupled with affordability. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240904006750/en/Tide Pool is one of two new colors to join the Trex Enhance® decking collection. (Photo: Business Wire) "
9/4/24 9:00:00 AM ET
$TREX
Forest Products
Basic Materials
Trex Company Appoints Chris Keffer as New Independent Member of Trex Board of Directors
Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, announced the appointment of executive Chris Keffer as a new independent member of its Board of Directors, effective August 15, 2024. Mr. Keffer brings 30 years of leadership experience in the power tool industry, serving both the professional and consumer markets. In 2023, he was named President and Chief Executive Officer of STIHL Inc., the U.S. affiliate of the STIHL Group, the world's top-selling brand of chainsaws. At their Virginia-based operations, Mr. Keffer is responsible for the manufacturing, distrib
8/19/24 9:00:00 AM ET
$TREX
Forest Products
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$TREX
Press Releases

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Trex Decking and Railing Earn Rave Reviews from Building and Design Experts
Decking Giant Tops the Leaderboards Across Numerous Industry Rankings They say the third time is a charm—but what about the seventeenth? That's the number of times Trex Company (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, has topped the rankings in BUILDER magazine's annual Brand Use Study. In addition to receiving the highest scores for brand awareness among the 23 brands included in the study, Trex® emerged as the #1 brand used most by Pro Builders and Pro Remodel Contractors in both the Composite/PVC Decking and Deck Railings categories of this year's study. But that's not all. This press release features multimedia.
11/19/24 9:00:00 AM ET
$TREX
Forest Products
Basic Materials
Trex Company Welcomes New Chief Information Officer to Leadership Team
Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing and a leader in high-performance, low-maintenance outdoor living products, announced that Dr. Anand Kangala, has joined Trex as its new Vice President and Chief Information Officer effective today. As a member of the Trex leadership team, Dr. Kangala will lead global IT functions and enterprise technology strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118130372/en/Dr. Anand Kangala, Vice President and Chief Information Officer, Trex Company, Inc. (Photo: Business Wire) "As a high growth company, we are committed
11/18/24 10:11:00 AM ET
$TREX
Forest Products
Basic Materials
Trex Company's Exclusivity Strategy Drives Shifts in the Distribution Landscape
Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing and a leader in high-performance, low-maintenance outdoor living products, is providing an update on its program to expand exclusivity with its existing partners to include its railing products. Since the end of the third quarter of 2024, two of Trex's exclusive decking distributors have become exclusive distributors for the Company's newly expanded railing product portfolio, which now includes premium cable and specialty glass systems, along with steel, aluminum and composite solutions designed to give builders and homeowners more options beyond PVC and wood. Longtime Trex distribut
11/13/24 5:29:00 PM ET
$TREX
Forest Products
Basic Materials

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $12,000 Today

Trex Co's Performance Over Last 10 Years

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Recent Analyst Ratings for $TREX

$TREX SEC Filings

Amendment: Trex Company Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Trex Company Inc.

Trex Company Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$TREX Market Insights

Live Market Insights

Trex Launches New Trex Signature Railing