Trex (TREX) Gross Margin (2010 - 2026)
Trex (TREX) recorded quarterly Gross Margin of 40.48% in Q1 2026, up 34.04% quarter-over-quarter from 30.2% in Q4 2025, and down 3.0% on a YoY basis from 41.74% in Q1 2025.
Trex (TREX) Gross Margin (2010 - 2026) Analysis & Trends
Trex's Gross Margin history runs 17 years deep, the most recent figure standing at 40.48% for Q1 2026.
- In Q1 2026, Gross Margin fell 3.0% year-over-year to 40.48%; the TTM figure through Mar 2026 stood at 39.17% (down 288.0% YoY), while the FY2025 annual figure was 39.17%, down 442.0% from the prior year.
- Gross Margin was 40.48% for Q1 2026 at Trex, up from 30.2% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 45.4% in Q1 2024 to a low of 24.52% in Q3 2022.
- Historically, Gross Margin has averaged 39.15% across 5 years, with a median of 40.48% in 2026.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 1367 bps in 2022, then soared 1856 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 34.09% in 2022, then gained by 3 bps to 35.26% in 2023, then rose by 20 bps to 42.34% in 2024, then dropped by 29 bps to 30.2% in 2025, then surged by 34 bps to 40.48% in 2026.
- The last three Gross Margin figures came in at 40.48% (Q1 2026), 30.2% (Q4 2025), and 40.46% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 34.77% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 35.78% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 90.17% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 30.95% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 35.77% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 34.52% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 40.68% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 35.12% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 25.88% |
| 10 | Trex | 4.95 Bn | 4.95 Bn | 139.02 Mn | 40.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.48% |
| Dec 31, 2025 | 30.20% |
| Sep 30, 2025 | 40.46% |
| Jun 30, 2025 | 40.78% |
| Mar 31, 2025 | 40.51% |
| Dec 31, 2024 | 42.34% |
| Sep 30, 2024 | 39.88% |
| Jun 30, 2024 | 44.65% |
| Mar 31, 2024 | 45.40% |
| Dec 31, 2023 | 35.26% |
| Sep 30, 2023 | 43.08% |
| Jun 30, 2023 | 43.88% |
| Mar 31, 2023 | 39.56% |
| Dec 31, 2022 | 34.09% |
| Sep 30, 2022 | 24.52% |
| Jun 30, 2022 | 40.74% |
| Mar 31, 2022 | 39.77% |
| Dec 31, 2021 | 38.88% |
| Sep 30, 2021 | 38.18% |
| Jun 30, 2021 | 37.96% |