GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trex Co Inc (FRA:TRR) » Definitions » Tax Rate %

Trex Co (FRA:TRR) Tax Rate % : 25.16% (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Trex Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trex Co's Tax Expense for the three months ended in Mar. 2024 was €28 Mil. Trex Co's Pre-Tax Income for the three months ended in Mar. 2024 was €109 Mil. Therefore, Trex Co's Tax Rate % for the quarter that ended in Mar. 2024 was 25.16%.


Trex Co Tax Rate % Historical Data

The historical data trend for Trex Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trex Co Tax Rate % Chart

Trex Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.70 25.15 24.20 25.20 25.64

Trex Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.17 25.54 25.07 28.45 25.16

Trex Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Trex Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=64.937/253.274
=25.64 %

Trex Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=27.551/109.496
=25.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Trex Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Trex Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Trex Co (FRA:TRR) Business Description

Traded in Other Exchanges
Address
160 Exeter Drive, Winchester, VA, USA, 22603-8605
Trex Co Inc is a manufacturer of wooden alternative-decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders. The company operates in two reportable segments Trex Residential and Trex Commercial. The majority of revenue is derived from the Trex Residential segment.

Trex Co (FRA:TRR) Headlines