TREX: the cash flow

MyFinsight

For the year ending 2025-12-31, TREX had $2,515K increase in cash & cash equivalents over the period. $134,521K in free cash flow.

Cash Flow	2025-12-31
Net sales	1,174,267
Cost of sales	714,303
Gross profit	459,964
Selling, general and administrative expenses	202,003
Income from operations	257,961
Interest (income) expense, net	0
Income before income taxes	257,961
Provision for income taxes	67,546
Net income	190,415
Depreciation and amortization	62,957
Deferred income taxes	17,114
Stock-based compensation	9,115
Loss (gain) on disposal of property, plant and equipment	-522
Other non-cash adjustments	53
Accounts receivable	-40,265
Inventories	-18,286
Prepaid expenses and other assets	-3,468
Accounts payable	6,878
Accrued expenses and other liabilities	8,771
Income taxes receivable/payable	375
Net cash provided by operating activities	358,113
Expenditures for property, plant and equipment	223,592
Internally developed and purchased intangibles	9,983
Proceeds from sales of property, plant and equipment	358
Net cash used in investing activities	-233,217
Borrowings under line of credit	880,547
Principal payments under line of credit	949,647
Repurchases of common stock	54,472
Proceeds from employee stock purchase and option plans	1,185
Financing costs	-6
Net cash (used in) provided by financing activities	-122,381
Net increase (decrease) in cash and cash equivalents	2,515
Cash and cash equivalents at beginning of year	1,292
Cash and cash equivalents at end of year	3,807

Unit: Thousand (K) dollars (except for numbers of shares and EPS).