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Cover Page - USD ($)
$ in Billions
 12 Months Ended
Dec. 31, 2024
Feb. 10, 2025
Jun. 28, 2024
Cover [Abstract]      
Amendment Flag false    
Document Fiscal Year Focus 2024    
Document Type 10-K    
Document Fiscal Period Focus FY    
Entity Central Index Key 0001069878    
Current Fiscal Year End Date --12-31    
Document Transition Report false    
Entity Registrant Name Trex Company, Inc.    
Document Period End Date Dec. 31, 2024    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Trading Symbol TREX    
Entity Shell Company false    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
Entity Common Stock, Shares Outstanding   107,159,866  
Entity File Number 001-14649    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 54-1910453    
Entity Address, Address Line One 2500 Trex Way    
Entity Address, City or Town Winchester    
Entity Address, Postal Zip Code 22601    
Entity Address, State or Province VA    
City Area Code 540    
Local Phone Number 542-6300    
Title of 12(b) Security Common stock    
Security Exchange Name NYSE    
Document Annual Report true    
Entity Well-known Seasoned Issuer No    
Entity Voluntary Filers No    
Entity Public Float     $ 8.0
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag] false    
Documents Incorporated by Reference

Portions of the following documents are incorporated by reference in this Form 10-K as indicated herein:

 

Document

 

Part of 10-K into which incorporated

Proxy Statement relating to Registrant’s

2025 Annual Meeting of Stockholders

 

Corporate governance (under Part I, Item 1) and Part III
   
Auditor Name Ernst & Young LLP    
Auditor Firm ID 42    
Auditor Location Baltimore, Maryland    
Auditor Opinion

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Trex Company, Inc. (the Company) as of December 31, 2024 and 2023, the related consolidated statements of comprehensive income, changes in stockholders’ equity and cash flows for each of the three years in the period ended December 31, 2024, and the related notes and financial statement schedule listed in the Index at Item 15(a)(2) (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with U.S. generally accepted accounting principles.

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework), and our report dated February 24, 2025 expressed an unqualified opinion thereon.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Critical Audit Matter

The critical audit matter communicated below is a matter arising from the current period audit of the financial statements that was communicated or required to be communicated to the audit committee and that: (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective or complex judgments. The communication of the critical audit matter does not alter in any way our opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates.