Trex (TREX) Gross Margin (2010 - 2026)
Trex (TREX) posted Gross Margin of 37.88% for Q2 2026, down 6.43% on a QoQ basis from 40.48% in Q1 2026, and down 290.0% year-over-year from 19.94% in Q2 2025.
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Trex (TREX) Gross Margin (2010 - 2026) Analysis & Trends
Trex has reported Gross Margin for 17 years, with the latest figure at 37.88% in Q2 2026.
- On a quarterly basis, Gross Margin fell 290.0% year-over-year to 37.88% in Q2 2026; TTM through Jun 2026 was 38.2%, a 254.0% decrease from a year earlier, with the FY2025 full-year figure at 39.17%, down 442.0% from the prior year.
- Gross Margin was 37.88% for Q2 2026 at Trex, down from 40.48% 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 39.08%, with a median of 40.47% recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 1367 bps in 2022, then jumped 1856 bps in 2023.
- Over 5 years, Gross Margin 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 increased by 25 bps to 37.88% in 2026.
- The last three Gross Margin figures came in at 37.88% (Q2 2026), 40.48% (Q1 2026), and 30.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 26.54 Bn | 25.73 Bn | 1.14 Bn | 29.52% |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 37.21% |
| 3 | Masco | 13.79 Bn | 13.25 Bn | 868.00 Mn | 43.57% |
| 4 | Carlisle Companies | 13.57 Bn | 12.91 Bn | 568.40 Mn | 36.20% |
| 5 | Allegion | 13.01 Bn | 12.69 Bn | 517.50 Mn | 44.94% |
| 6 | Owens Corning | 10.35 Bn | 10.08 Bn | 793.00 Mn | 28.77% |
| 7 | Advanced Drainage Systems | 10.08 Bn | 9.92 Bn | 408.05 Mn | 40.76% |
| 8 | Acuity Inc. (De) | 9.72 Bn | 9.31 Bn | 606.40 Mn | 50.62% |
| 9 | Zurn Elkay Water Solutions | 7.79 Bn | 7.42 Bn | 288.30 Mn | 58.72% |
| 10 | Trex | 4.65 Bn | 4.64 Bn | 158.34 Mn | 37.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.88% |
| 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% |