The story
Dillard's went up 23 times while everyone called department stores dead. Every week we dig for the next one.
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Trex has retired 25.3% of its shares since 2012, from 136,408,064 to 101,865,190.
At $45.73 a share, a market value of $4.7B. P/E 26.3, trailing twelve months to June 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 1999 | 2000-03-16 | 112,980,528 | 10-K405 | cover page |
| 2000 | 2001-03-16 | 113,100,688 | 10-K | cover page |
| 2001 | 2002-03-07 | 113,263,296 | 10-K405 | cover page |
| 2002 | 2003-03-03 | 117,232,256 | 10-K | cover page |
| 2003 | 2004-02-27 | 117,668,864 | 10-K | cover page |
| 2004 | 2005-02-28 | 118,776,352 | 10-K | cover page |
| 2005 | 2006-02-28 | 119,273,832 | 10-K | cover page |
| 2006 | 2007-03-15 | 120,790,088 | 10-K | cover page |
| 2007 | 2008-03-10 | 121,432,024 | 10-K | cover page |
| 2008 | 2009-03-06 | 123,172,664 | 10-K | cover page |
| 2009 | 2010-03-09 | 123,618,048 | 10-K | cover page |
| 2010 | 2010-12-31 | 123,664,016 | 10-K | |
| 2011 | 2012-02-20 | 125,086,216 | 10-K | |
| 2012 | 2013-02-08 | 136,408,064 | 10-K | |
| 2013 | 2014-02-13 | 133,930,592 | 10-K | |
| 2014 | 2015-02-10 | 128,080,812 | 10-K | |
| 2015 | 2016-02-09 | 119,387,404 | 10-K | |
| 2016 | 2017-02-07 | 117,536,844 | 10-K | |
| 2017 | 2018-02-06 | 117,714,220 | 10-K | |
| 2018 | 2019-02-06 | 117,017,616 | 10-K | |
| 2019 | 2020-02-10 | 116,384,360 | 10-K | |
| 2020 | 2021-01-29 | 115,799,503 | 10-K | |
| 2021 | 2022-02-04 | 114,606,684 | 10-K | |
| 2022 | 2023-02-06 | 108,758,882 | 10-K | |
| 2023 | 2024-02-12 | 108,623,606 | 10-K | |
| 2024 | 2025-02-10 | 107,159,866 | 10-K | |
| 2025 | 2026-02-05 | 105,737,365 | 10-K |
Source: all 10-K filings of Trex on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
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Trex financialsMarket cap, income statement, balance sheet and cash flow, ten years→The story
Dillard's went up 23 times while everyone called department stores dead. Every week we dig for the next one.
Subscribe freeCash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $45.73.
Yes. Trex has 5.0% fewer shares outstanding than twelve months ago, 101,865,190 as of July 16, 2026. Over five years the share count is down 11.5%.
Net of every new share it issued, Trex has 34.5 million fewer shares than at its 2012 peak. That is 25.3% of the company.
101,865,190 shares, as of July 16, 2026, from the cover page of its latest 10-Q. At the 2012 peak it had 136,408,064.
Each share is a bigger slice of the company. Someone who held Trex stock in 2012 owns 1.3 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Trex ranks No. 324 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Lithia Motors (25.5%), Fedex (25.4%), PNC Financial (25.3%), Lennar (25.3%).
Every answer is computed from Trex's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
From the latest 13F filings. All superinvestors.
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