Trex Co Inc cash flow statement

In fiscal 2025, Trex Co Inc's operations generated $358m of cash; it spent $224m on capital projects, leaving free cash flow of $135m. It returned $54.5m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Trex Co Inc: cash flow statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash from operations	35	19	34	60	45	59	63	85	102	138	156	187	258	216	389	144	358	358
Depreciation and amortisation	24	21	18	17	16	15	14	14	17	17	14	18	36	44	50	55	63	71
Stock-based pay	4	4	3	3	4	5	5	5	5	6	7	7	8	5	10	13	9	9
Capital spending	7	10	7	8	13	13	23	15	15	34	67	173	159	176	166	232	224	150
Free cash flow	28	9	26	53	32	46	39	71	87	104	89	14	99	40	223	−88	135	208
Free cash flow after stock pay	25	5	23	49	28	41	34	66	82	98	82	7	90	35	213	−101	125	199
Share buybacks	1	1	3	6	31	53	53	55	4	30	47	45	82	398	18	106	54	204

US$ millions unless shown otherwise. Fiscal quarters.

Trex Co Inc: cash flow statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Cash from operations	133	−8	−154	250	197	65	−118	214
Depreciation and amortisation	14	13	14	16	16	17	18	19
Stock-based pay	3	3	2	3	1	3	3	3
Capital spending	78	81	79	47	54	43	23	30
Free cash flow	54	−89	−233	203	143	22	−142	185
Free cash flow after stock pay	52	−92	−236	200	142	19	−144	182

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Trex Co Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Trex Co Inc.