Trex Posts $161.1M Q4 Revenue, Guides FY2026 EBITDA at $327.5M
Trex Company reported Q4 CY2025 revenue of $161.1 million, a 3.9% year-on-year decline but 11.3% above analyst expectations. Adjusted EPS of $0.04 topped estimates of -$0.01, and management set FY2026 EBITDA guidance at $327.5 million, exceeding the $314.7 million consensus.
1. Q4 CY2025 Results
Trex delivered revenue of $161.1 million in Q4 CY2025, down 3.9% year on year but 11.3% above expectations. The company reported adjusted EPS of $0.04 versus a consensus estimate of -$0.01 and generated adjusted EBITDA of $22.32 million, a 13.9% margin compared to the $15.02 million forecast.
2. Profitability and Cash Flow Improvement
Operating margin contracted sharply to 2.2% from 9.2% a year earlier, reflecting higher non-production costs. Free cash flow swung to positive $22.11 million, reversing a $89.33 million outflow in the same quarter last year.
3. FY2026 EBITDA Guidance
Management set full-year 2026 EBITDA guidance at $327.5 million at the midpoint, surpassing the $314.7 million consensus estimate and signaling confidence in near-term operational performance.