Trex (TREX) Operating Margin (2010 - 2026)

Trex's Operating Margin history runs 17 years deep, the most recent figure standing at 24.32% for Q1 2026.

• In Q1 2026, Operating Margin rose 30.0% year-over-year to 24.32%; the TTM figure through Mar 2026 stood at 22.06% (down 340.0% YoY), while the FY2025 annual figure was 21.97%, down 599.0% from the prior year.
• Operating Margin was 24.32% for Q1 2026 at Trex, up from 2.17% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 31.85% in Q1 2024 to a low of 97.28% in Q4 2023.
• Historically, Operating Margin has averaged 9.76% across 5 years, with a median of 24.32% in 2026.
• The sharpest annual moves came in 2022 and 2024: Operating Margin tumbled 10386 bps in 2022, then soared 11618 bps in 2024.
• A 5-year view of Operating Margin shows it stood at 93.85% in 2022, then slipped by 4 bps to 97.28% in 2023, then jumped by 119 bps to 18.9% in 2024, then plunged by 89 bps to 2.17% in 2025, then soared by 1019 bps to 24.32% in 2026.
• The last three Operating Margin figures came in at 24.32% (Q1 2026), 2.17% (Q4 2025), and 24.67% (Q3 2025), per Business Quant data.