Trex Co's GAAP net income for 3 months of 2022 was $71.211 million, up 46.7% from $48.545 million in the prior year. Revenue increased 38.2% to $339.228 million from $245.524 million a year earlier.

Trex Co.'s GAAP net income for 2021 was $208.737 million, up 18.8% from $175.631 million in the prior year. Revenues increased 35.9% to $1.197 billion from $0.881 billion a year earlier.

Trex Co.'s GAAP net income for 9M 2021 was $183.705 million, up 38.8% from $132.331 million in the prior year. Revenue increased 36.8% to $892.991 million from $652.545 million a year earlier.

Trex plans to build a new branded decking and railing plant in Arkansas. The investment in the project will total $400 million. Construction is scheduled to begin in early 2022, with commissioning expected in 2024.