Trex (TREX) Gross Margin (2010 - 2026)
Trex's quarterly Gross Margin came in at 40.48% in Q1 2026, down 3.0% year-on-year from 41.74% in Q1 2025, and up 34.04% quarter-over-quarter from 30.2% in Q4 2025.
Trex has reported Gross Margin for 17 years, with the latest figure at 40.48% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 3.0% year-over-year to 40.48%; the trailing twelve-month figure through Mar 2026 stood at 39.17% (down 288.0% YoY), and the FY2025 full-year result was 39.17%, down 442.0% from the prior year.
- Gross Margin for Q1 2026 stood at 40.48%, up from 30.2% in the prior quarter.
- The five-year high for Gross Margin was 45.4% in Q1 2024, with the low at 24.52% in Q3 2022.
- Average Gross Margin over 5 years is 39.15%, with a median of 40.48% recorded in 2026.
- Year-over-year, Gross Margin plunged 1367 bps in 2022 and surged 1856 bps in 2023.
- Tracing TREX's Gross Margin over 5 years: stood at 34.09% in 2022, then advanced by 3 bps to 35.26% in 2023, then gained by 20 bps to 42.34% in 2024, then declined by 29 bps to 30.2% in 2025, then soared 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 34.77% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 35.78% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 90.17% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 30.95% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 35.77% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 34.52% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 25.88% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 40.68% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 35.12% |
| 10 | Trex | 4.12 Bn | 4.11 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% |
| Mar 31, 2021 | 39.02% |
| Dec 31, 2020 | 40.47% |
| Sep 30, 2020 | 36.70% |
| Jun 30, 2020 | 41.88% |
| Mar 31, 2020 | 44.76% |
| Dec 31, 2019 | 43.25% |
| Sep 30, 2019 | 42.37% |
| Jun 30, 2019 | 40.42% |
| Mar 31, 2019 | 38.63% |
| Dec 31, 2018 | 42.76% |
| Sep 30, 2018 | 40.40% |
| Jun 30, 2018 | 44.08% |
| Mar 31, 2018 | 44.81% |
| Dec 31, 2017 | 41.65% |
| Sep 30, 2017 | 39.43% |
| Jun 30, 2017 | 45.60% |
| Mar 31, 2017 | 45.00% |
| Dec 31, 2016 | 39.98% |
| Sep 30, 2016 | 28.21% |
| Jun 30, 2016 | 41.93% |
| Mar 31, 2016 | 43.76% |
| Dec 31, 2015 | 35.82% |
| Sep 30, 2015 | 23.55% |
| Jun 30, 2015 | 38.40% |
| Mar 31, 2015 | 39.94% |
| Dec 31, 2014 | 35.90% |
| Sep 30, 2014 | 31.80% |
| Jun 30, 2014 | 37.12% |
| Mar 31, 2014 | 37.92% |
| Dec 31, 2013 | 30.84% |
| Sep 30, 2013 | 0.21% |
| Jun 30, 2013 | 37.46% |
| Mar 31, 2013 | 38.80% |
| Dec 31, 2012 | 29.09% |
| Sep 30, 2012 | 3.03% |
| Jun 30, 2012 | 35.63% |
| Mar 31, 2012 | 36.86% |
| Dec 31, 2011 | -2.04% |
| Sep 30, 2011 | 25.43% |
| Jun 30, 2011 | 30.03% |
| Mar 31, 2011 | 33.37% |
| Dec 31, 2010 | 24.65% |
| Sep 30, 2010 | 15.15% |
| Jun 30, 2010 | 25.86% |