Trex Company, Inc.'s (NYSE:TREX) Stock's On An Uptrend: Are Strong Financials Guiding The Market? [Yahoo! Finance]
Trex Company, Inc. (TREX)
Last trex company, inc. earnings: 2/24 04:15 pm
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US:NYSE Investor Relations:
trex.com/our-company/investor-relations
Company Research
Source: Yahoo! Finance
Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Trex Company's ROE. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital. View our latest analysis for Trex Company How Is ROE Calculated? ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Trex Company is: 29% = US$205m ÷ US$717m (Based on the trailing twelve months to December 2023). The 'return' is the yearly profit. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.29 in profit. What Is The Relationship Between ROE And Earnings Growth? We have already established that
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TREX
News
- Why Trex (TREX) is Poised to Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
- Biocomposites Market Size is projected to reach USD 85.07 billion by 2031, growing at a CAGR of 14.34%: Straits Research [Yahoo! Finance]Yahoo! Finance
- Trex Company Announces Timing of First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Trex Company Announces Timing of First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Trex Company: Moving Out Of This Outdoor Play [Seeking Alpha]Seeking Alpha
TREX
Earnings
- 2/26/24 - Beat
TREX
Sec Filings
- 4/5/24 - Form 4
- 4/1/24 - Form 4
- 3/25/24 - Form ARS
- TREX's page on the SEC website