Filing Flows › Trex (TREX) › Guidance history
Trex (TREX) guidance history: what it guided and what it reported
Trex gave guidance in 12 earnings releases on file since Feb 26, 2024. Of 8 guided periods since reported, it met or beat its own guidance 6 times (75%). Revenue: 5 of 7, on average +2.7% against the guided midpoint. Its releases raised guidance twice and lowered it 4 times.
Revenue
Met or beat 5 of 7 periods (5 above, 0 within, 2 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | $305M–$320M (Aug 4, 2026) | $360M | above the range | +15.0% |
| Q2 2026 | $388M–$403M (May 7, 2026) | $418M | above the range | +5.7% |
| FY2026 | $1.2B (May 7, 2026) → raised $1.2B (Aug 4, 2026) → raised $1.3B (Nov 4, 2026) | — | to be reported | — |
| FY2025 | $1.1B (Oct 28, 2024) → raised $1.1B–$1.2B (Nov 4, 2025) | $1.2B | above the range | +1.7% |
| Q3 2025 | $295M–$305M (Aug 4, 2025) | $285M | below the range | -4.9% |
| Q2 2025 | $370M–$380M (May 8, 2025) | $388M | above the range | +3.4% |
| Q1 2025 | $325M–$330M (Feb 24, 2025) | $340M | above the range | +3.8% |
| FY2024 | $1.2B–$1.2B (May 9, 2024) | $1.2B | below the range | -6.0% |
| Q3 2024 | $220M–$230M (Aug 6, 2024) | — | — | — |
| Q2 2024 | $380M–$390M (May 9, 2024) | — | — | — |
Gross margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 36.1% (Feb 24, 2025) | — | — | — |
Tax rate
Met or beat 1 of 1 periods (0 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 25.5% (May 7, 2026) → reaffirmed 25.5% (Aug 4, 2026) → raised 26.0% (Nov 4, 2026) | — | to be reported | — |
| FY2024 | 25.0%–26.0% (Aug 6, 2024) | 25.9% | within the range | +0.4 pts |
EBITDA margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | 30.0%–30.5% (Feb 26, 2024) → lowered 30.0% (May 9, 2024) → raised 30.0%–30.5% (Aug 6, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $100M–$120M (May 7, 2026) → lowered $100M (Aug 4, 2026) → reaffirmed $100M (Nov 4, 2026) | — | to be reported | — |
| FY2025 | $550M (Oct 28, 2024) → lowered $200M (Feb 24, 2025) | $224M (GAAP) | not judged | — |
| FY2024 | $220M (Feb 26, 2024) | $232M (GAAP) | not judged | — |
Depreciation & amortization
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $85.0M (May 7, 2026) → reaffirmed $85.0M (Aug 4, 2026) → reaffirmed $85.0M (Nov 4, 2026) | — | to be reported | — |
| FY2024 | $53.0M–$55.0M (Aug 6, 2024) | — | — | — |
The latest quarter
Trex, Q3 2026: revenue $360M (+26% year over year), operating margin 20.2%, net earnings $52.5M, operating cash flow $153M. The chart follows the revenue to costs, profit and cash.
Questions
Does Trex beat its guidance?
Trex gave guidance in 12 earnings releases on file since Feb 26, 2024. Of 8 guided periods since reported, it met or beat its own guidance 6 times (75%). Revenue: 5 of 7, on average +2.7% against the guided midpoint.
How often does Trex raise guidance?
Its earnings releases raised guidance twice and lowered it 4 times since Feb 26, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.