Growth Metrics

Trex (TREX) Operating Expenses (2010 - 2026)

Trex's quarterly Operating Expenses came in at $55.5 million in Q1 2026, down 0.98% year-on-year from $56.1 million in Q1 2025, and up 22.93% quarter-over-quarter from $45.2 million in Q4 2025.

Trex has reported Operating Expenses for 17 years, with the latest figure at $55.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 0.98% year-over-year to $55.5 million; the trailing twelve-month figure through Mar 2026 stood at $201.5 million (up 8.62% YoY), and the FY2025 full-year result was $202.0 million, up 12.23% from the prior year.
  • Operating Expenses for Q1 2026 stood at $55.5 million, up from $45.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $56.1 million in Q1 2025, with the low at $26.9 million in Q3 2022.
  • Average Operating Expenses over 5 years is $44.4 million, with a median of $44.5 million recorded in 2023.
  • Year-over-year, Operating Expenses decreased 20.85% in 2022 and soared 65.81% in 2023.
  • Tracing TREX's Operating Expenses over 5 years: stood at $35.4 million in 2022, then climbed by 19.93% to $42.5 million in 2023, then dropped by 7.58% to $39.3 million in 2024, then rose by 14.95% to $45.2 million in 2025, then grew by 22.93% to $55.5 million in 2026.
  • The last three Operating Expenses figures came in at $55.5 million (Q1 2026), $45.2 million (Q4 2025), and $45.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 952.00 Mn
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 1.22 Bn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 5.10 Bn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 185.20 Mn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn 369.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 183.90 Mn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 65.81 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 14.50 Mn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn -
10 Trex 4.12 Bn 4.11 Bn 139.02 Mn 55.52 Mn

Historic Data

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DateValue
Mar 31, 2026 55.52 Mn
Dec 31, 2025 45.16 Mn
Sep 30, 2025 45.04 Mn
Jun 30, 2025 55.73 Mn
Mar 31, 2025 56.07 Mn
Dec 31, 2024 39.29 Mn
Sep 30, 2024 38.90 Mn
Jun 30, 2024 51.21 Mn
Mar 31, 2024 50.60 Mn
Dec 31, 2023 42.51 Mn
Sep 30, 2023 44.53 Mn
Jun 30, 2023 51.68 Mn
Mar 31, 2023 37.48 Mn
Dec 31, 2022 35.44 Mn
Sep 30, 2022 26.86 Mn
Jun 30, 2022 39.57 Mn
Mar 31, 2022 39.96 Mn
Dec 31, 2021 36.74 Mn
Sep 30, 2021 33.93 Mn
Jun 30, 2021 36.90 Mn
Mar 31, 2021 32.05 Mn
Dec 31, 2020 34.22 Mn
Sep 30, 2020 28.03 Mn
Jun 30, 2020 29.01 Mn
Mar 31, 2020 34.56 Mn
Dec 31, 2019 25.02 Mn
Sep 30, 2019 27.41 Mn
Jun 30, 2019 35.71 Mn
Mar 31, 2019 30.17 Mn
Dec 31, 2018 27.62 Mn
Sep 30, 2018 28.13 Mn
Jun 30, 2018 33.51 Mn
Mar 31, 2018 28.96 Mn
Dec 31, 2017 25.58 Mn
Sep 30, 2017 24.92 Mn
Jun 30, 2017 27.22 Mn
Mar 31, 2017 23.27 Mn
Dec 31, 2016 18.35 Mn
Sep 30, 2016 19.38 Mn
Jun 30, 2016 24.80 Mn
Mar 31, 2016 20.61 Mn
Dec 31, 2015 18.70 Mn
Sep 30, 2015 15.70 Mn
Jun 30, 2015 22.47 Mn
Mar 31, 2015 20.59 Mn
Dec 31, 2014 17.90 Mn
Sep 30, 2014 15.90 Mn
Jun 30, 2014 20.34 Mn
Mar 31, 2014 18.22 Mn
Dec 31, 2013 15.36 Mn
Sep 30, 2013 15.38 Mn
Jun 30, 2013 23.39 Mn
Mar 31, 2013 19.84 Mn
Dec 31, 2012 16.60 Mn
Sep 30, 2012 15.84 Mn
Jun 30, 2012 20.87 Mn
Mar 31, 2012 18.60 Mn
Dec 31, 2011 13.61 Mn
Sep 30, 2011 12.99 Mn
Jun 30, 2011 17.36 Mn
Mar 31, 2011 16.66 Mn
Dec 31, 2010 15.46 Mn
Sep 30, 2010 14.02 Mn
Jun 30, 2010 21.23 Mn