<general_context>
	- Current date: 2026-11-04 21:10 UTC.
</general_context>
<company_context>
	- Ticker: TREX.
	- Company: Trex.
</company_context>


                <data>
                    <label>Press release on Q3 2026 financial results</label>
                    <content>Exhibit 99.1

[IMAGE: img196323604\_0.gif | Source: img196323604_0.gif]
**News release**

**TREX COMPANY REPORTS Strong Third QUARTER 2026 RESULTS, DELIVERING BACK-TO-BACK RECORD QUARTERS**

**26% Net Sales Growth Drives Record High Third Quarter Revenue**

**Sales Driven by Broad Strength Led by Wood Conversion Focus**

**Successfully Executing Enhanced Distribution Strategy**

**Arkansas on Schedule to Operate at 50% Capacity by Year-End**

**Raising 2026 Guidance on Strong Execution and Positive Outlook**

**Third Quarter Financial Highlights**

* • Net sales of $360 million

* • Gross margin of 36.0% and adjusted gross margin of 36.9%

* • Net income of $52 million and diluted earnings per share of $0.52

* • Adjusted net income of $56 million

* • Adjusted diluted earnings per share of $0.55

* • Adjusted EBITDA of $100 million

**WINCHESTER, Va. – November 4, 2026 –** Trex Company, Inc. \[NYSE:TREX\], the world’s largest manufacturer of wood-alternative composite decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial results for the third quarter of 2026.

“We delivered an exceptional third quarter as we successfully executed our enhanced distribution strategy, began the ramp-up of our Arkansas manufacturing facility, generated record third quarter revenue, and again increased our full-year outlook,” said Adam Zambanini, President and CEO.

“Growth reflected strong underlying customer demand with additional benefit from distribution-related inventory investments. Our growth remains overwhelmingly volume-driven, with minimal benefit from pricing.
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“We believe our underlying performance was driven primarily by Trex-specific initiatives and continued market share gains rather than any meaningful improvement in broader end-market conditions. Demand remained strong across all levels of decking products, demonstrating the effectiveness of our wood conversion strategy and our ability to attract a broader range of homeowners into the Trex brand.

“Our investments in marketing, innovation, and brand development continue to strengthen demand for Trex products and support our long-term growth objectives. These efforts, combined with our category leadership and expanded market reach, provide a strong foundation to continue gaining market share and delivering long-term growth across a range of market environments.

“The enhanced distribution strategy announced last quarter was executed successfully and remains on schedule. During the quarter, we completed inventory placements with our new and expanded distribution partners while inventory held by our former distribution partner continued to be reduced. Although inventory levels increased at selected distribution partners during the transition, overall channel inventory remained comparable to the prior year.

“Importantly, the transition was completed with minimal disruption across the channel and has strengthened our route-to-market capabilities. Together with our distribution partners, we believe we are now better positioned to support accelerated growth and capitalize on future market share opportunities.

“To support our long-term growth strategy, we continue to make excellent progress ramping production at our Arkansas facility. The facility remains on track to have approximately 50% of its existing decking production capacity operational by year-end. While startup costs were higher than anticipated during the quarter largely due to certain mechanical issues that have since been resolved, we continue to expect Arkansas to drive meaningful margin expansion over time through improved manufacturing efficiency, lower logistics costs, and closer proximity to key Sunbelt growth markets.

“The facility was also designed with future expansion in mind, allowing us to efficiently add production lines and increase capacity as demand grows. This provides Trex with substantial flexibility to support both near-term growth opportunities and our long-term objective of significantly expanding the business.

“Given our strong year-to-date performance, continued demand momentum, and confidence in our strategic initiatives, we are pleased to raise our full-year guidance once again,” Mr. Zambanini concluded.

**Q3 2026 Financial Summary**

*All financial results comparisons made are against the prior-year period unless otherwise noted:*
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Net sales increased 26.0% to $360 million from $285 million, reflecting broad-based volume growth led by the Trex Enhance ® product line, supported by strong consumer demand, continued success executing our wood conversion strategy, and ongoing market share gains. We estimate that approximately $30 million in revenue came from initial distribution load-in.

Gross profit was $129 million, with gross margin of 36.0%, compared to gross profit of $115 million and gross margin of 40.5% in the prior-year period. Excluding Arkansas plant startup costs, adjusted gross profit was $133 million, compared to adjusted gross profit of $117 million in the prior-year period.

Gross margin performance reflected higher transportation-related input costs associated with increased diesel prices, as well as higher depreciation resulting from recent capacity investments. Startup costs at the Arkansas facility were higher than anticipated due to a temporary mechanical issue that created operational inefficiencies during the quarter. The issue has been resolved, and the Company expects startup-related costs to moderate as production volumes increase as the facility advances toward full utilization.

Selling, general, and administrative expenses were $56 million, representing 15.7% of net sales, compared to $45 million, or 15.8% of net sales, in the prior-year period. Excluding digital transformation costs, SG&A was $55 million compared to $43 million in the prior year. The increase primarily reflects investments in people, capabilities, and brand-building initiatives designed to accelerate consumer demand and support future growth.

Net income was $52 million, or $0.52 per diluted share, compared to net income of $52 million, or $0.48 per diluted share, in the prior year. Adjusted net income was $56 million, with adjusted diluted earnings per share of $0.55, compared to adjusted net income of $55 million, with adjusted diluted earnings per share of $0.51.

Adjusted EBITDA increased 10% to $100 million from $90 million in the prior-year period.

Free cash flow for the quarter was $135 million, reflecting strong operating performance, seasonal working capital benefits, and lower capital expenditures as construction of the Arkansas facility approaches completion.

During the quarter, the Company repurchased approximately 1.2 million shares for $55 million and repaid $83 million outstanding under its revolving credit facility. The Company anticipates completing its Board-authorized $150 million share repurchase program by year-end, bringing total share repurchases during 2026 to approximately $300 million.

**Other Quarter Highlights**

* • Celebrated Trex's 30th anniversary and outlined a strategy to double the business over the next four years, expanding beyond category-leading decking to become the defining brand in outdoor living through continued investment in manufacturing capacity, product innovation, strategic partnerships, and digital solutions.
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* * * • Appointed Brian J. Taylor as the Company's first Chief Commercial Officer \(CCO\), with responsibility for sales, marketing, and information technology. Bringing these functions together creates a more integrated, customer-focused approach to demand generation, channel engagement, digital capabilities, and revenue growth.
   * • Announced a strategic relationship with Do it Best Group. Through this relationship, Do it Best members and True Value retailers now have access to Trex products while also participating in the cooperative's rebate program, strengthening the outdoor living category for members nationwide.
   * • Expanded its outdoor living portfolio with an upgraded Trex Lighting collection and new finishing solutions, including aluminum gates and marine-grade stainless-steel fastening options, providing homeowners and contractors with additional ways to create complete, coordinated outdoor living spaces.
   * • Released its 2025 Sustainability Report , highlighting the Company's continued commitment to product quality, durability, environmental stewardship, and sustainable manufacturing practices.
   **Summary & Outlook**
   “We are pleased to raise our full-year guidance, reflecting the strength of our year-to-date execution, continued demand for our products, and confidence in our strategic growth initiatives,” said Prith Gandhi, Senior Vice President and CFO.
   “While the broader market environment remains mixed, contractor engagement, consumer interest, and demand for Trex products continue to be strong. We believe our investments in distribution, manufacturing capacity, branding, innovation, and organizational capabilities are positioning Trex to continue gaining market share and creating long-term value for shareholders.
   “We also continue to generate significant free cash flow, supported by strong operational performance and declining capital expenditures as construction nears completion at Arkansas facility. Our capital allocation priorities remain focused on investing in growth, returning capital to shareholders through share repurchases, and pursuing strategic acquisitions,” concluded Mr. Gandhi.
   The Company is raising its full-year 2026 guidance, highlighted by increased revenue and adjusted EBITDA expectations.
4
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| \*\*<u>Full Year 2026 Guidance</u>\*\*<br><br> | \*\*<u>Full Year 2026 Guidance</u>\*\*<br><br> | \*\*<u>Full Year 2026 Guidance</u>\*\*<br><br> | \*\*<u>Full Year 2026 Guidance</u>\*\*<br><br> | \*\*<u>Full Year 2026 Guidance</u>\*\*<br><br> |
|  |  | \*\*<u>Low</u>\*\*<br><br> |  | \*\*<u>High</u>\*\*<br><br> |
| Net sales<br><br> |  | $1,296M<br><br> |  | $1,306M<br><br> |
| Adjusted EBITDA<br><br> |  | $355M<br><br> |  | $360M<br><br> |
| Depreciation and amortization<br><br> | ~$85M<br><br> | ~$85M<br><br> | ~$85M<br><br> | ~$85M<br><br> |
| Adjusted SG&A<br><br> | ~17% of net sales<br><br> | ~17% of net sales<br><br> | ~17% of net sales<br><br> | ~17% of net sales<br><br> |
| Interest expense<br><br> |  | $4M<br><br> |  | $6M<br><br> |
| Effective tax rate<br><br> |  | 26.0%<br><br> |  | 27.0%<br><br> |
| CapEx<br><br> |  | ~$100M<br><br> | ~$100M<br><br> | ~$100M<br><br> | | \*\*<u>Q4 2026 Guidance</u>\*\*<br><br> | \*\*<u>Q4 2026 Guidance</u>\*\*<br><br> | \*\*<u>Q4 2026 Guidance</u>\*\*<br><br> | \*\*<u>Q4 2026 Guidance</u>\*\*<br><br> | \*\*<u>Q4 2026 Guidance</u>\*\*<br><br> |
|  |  | \*\*<u>Low</u>\*\*<br><br> |  | \*\*<u>High</u>\*\*<br><br> |
| \*\*Net Sales\*\*<br><br> |  | $175M<br><br> |  | $185M<br><br> | Trex has not provided a reconciliation of forward-looking Adjusted EBITDA to net income, the most directly comparable GAAP measure, because certain items required for such reconciliation are outside of Trex’s control and/or cannot be reasonably predicted without unreasonable efforts. The probable significance of these items cannot be determined at this time.

**Conference Call & Webcast Information**

Trex will hold a conference call to discuss its third quarter 2026 results on Wednesday, November 4, 2026, at 8:00 a.m. ET. To participate on the day of the call, dial \+1-800-715-9871, or internationally \+1-646-307-1963, approximately ten minutes before the call, and tell the operator you wish to join the Trex Company Conference Call.

A live webcast of the conference call will be available in the Investor Relations section of the Trex Company website at 3Q26 Earnings Webcast . For those who cannot listen to the live broadcast, an audio replay of the conference call will be available within 24 hours of the call on the Trex website. The audio replay will be available for 30 days.

**Use of Non-GAAP Measures**

The Company reports its financial results in accordance with accounting principles generally accepted in the United States \(GAAP\). To supplement our consolidated financial statements reported on a GAAP basis, we provide the following non-GAAP financial measures, adjusted gross profit, adjusted net income, adjusted diluted earnings per share, adjusted EBITDA and free cash flow. Management believes these non-GAAP financial measures provide investors with additional meaningful financial information that should be considered when assessing our underlying business performance and trends. Further, management believes these non-GAAP financial measures also enhance investors’ ability to compare period-to-period financial results. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the Company’s reported results prepared in accordance with GAAP and are not meant to be
5
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considered superior to or a substitute for our GAAP results. Our non-GAAP financial measures do not represent a comprehensive basis of accounting. Therefore, our non-GAAP financial measures may not be comparable to similarly titled measures reported by other companies. Reconciliations of these non-GAAP financial measures to GAAP information are included below. Management uses these non-GAAP financial measures in making financial, operating, compensation and planning decisions and in evaluating the Company’s performance. Disclosing these non-GAAP financial measures allows investors and management to view our operating results excluding the impact of items that are not reflective of the underlying operating performance.

**Non-GAAP Reconciliation Tables**

**Reconciliation of GAAP Gross Profit to Adjusted Gross Profit**

|  |  | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> |
| \*\*TREX COMPANY, INC.\*\*<br><br> |  | \*\*2026\*\*<br><br> |  | \*\*2025\*\*<br><br> | \*\*2026\*\*<br><br> |  | \*\*2025\*\*<br><br> |
|  |  | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> |
| \*\*Gross profit\*\*<br><br> |  | \*\*$129,473\*\*<br><br> |  | \*\*$115,438\*\*<br><br> | \*\*$426,839\*\*<br><br> |  | \*\*$411,300\*\*<br><br> |
| Railing conversion<br><br> |  | —<br><br> |  | 271<br><br> | —<br><br> |  | 5,521<br><br> |
| Arkansas start-up<br><br> |  | 3,209<br><br> |  | 1,378<br><br> | 3,209<br><br> |  | 2,659<br><br> |
| Adjusted gross profit<br><br> |  | $132,682<br><br> |  | $117,087<br><br> | $430,048<br><br> |  | $419,480<br><br> | **Reconciliation of GAAP Net Income to Adjusted Net Income**

|  |  | \*\*Three Months Ended September 30,\*\*<br><br> | \*\*Three Months Ended September 30,\*\*<br><br> | \*\*Three Months Ended September 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> |
| \*\*TREX COMPANY, INC.\*\*<br><br> |  | \*\*2026\*\*<br><br> |  | \*\*2025\*\*<br><br> | \*\*2026\*\*<br><br> |  | \*\*2025\*\*<br><br> |
|  |  | \*\\\($ in thousands, except per share data\\\)\*<br><br> | \*\\\($ in thousands, except per share data\\\)\*<br><br> | \*\\\($ in thousands, except per share data\\\)\*<br><br> | \*\\\($ in thousands, except per share data\\\)\*<br><br> | \*\\\($ in thousands, except per share data\\\)\*<br><br> | \*\\\($ in thousands, except per share data\\\)\*<br><br> |
| \*\*Net income\*\*<br><br> |  | \*\*$52,493\*\*<br><br> |  | \*\*$51,770\*\*<br><br> | \*\*$175,772\*\*<br><br> |  | \*\*$188,113\*\*<br><br> |
| Railing conversion<br><br> |  | -<br><br> |  | 271<br><br> | -<br><br> |  | 5,521<br><br> |
| Digital transformation<br><br> |  | 1,042<br><br> |  | 1,749<br><br> | 3,209<br><br> |  | 2,680<br><br> |
| Arkansas start-up^<br><br> |  | 3,281<br><br> |  | 1,965<br><br> | 4,142<br><br> |  | 4,939<br><br> |
| Income tax effect<br><br> |  | \\\(1,159\\\)<br><br> |  | \\\(1,036\\\)<br><br> | \\\(1,955\\\)<br><br> |  | \\\(3,402\\\)<br><br> |
| Adjusted net income<br><br> |  | $55,657<br><br> |  | $54,719<br><br> | $181,168<br><br> |  | $197,851<br><br> |
| \*\*Diluted earnings per share\*\*<br><br> |  | \*\*$0.52\*\*<br><br> |  | \*\*$0.48\*\*<br><br> | \*\*$1.70\*\*<br><br> |  | \*\*$1.75\*\*<br><br> |
| Adjusted diluted earnings per share<br><br> |  | $0.55<br><br> |  | $0.51<br><br> | $1.76<br><br> |  | $1.84<br><br> | *^Arkansas start-up costs for the three months ended September 30, 2026 were $3,209 in cost of sales and $72 in selling, general, and administrative expenses. Arkansas start-up costs for the nine months ended September 30, 2026 were $3,209 in cost of sales and $933 in selling, general, and administrative expenses. Arkansas start-up costs for the three months ended September 30, 2025 were $1,378 in cost of sales and $587 in selling, general, and administrative expenses. Arkansas start-up costs for the nine months ended September 30, 2025 were $2,659 in cost of sales and $2,280 in selling, general, and administrative expenses.*
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**Reconciliation of GAAP Net Income to Adjusted EBITDA**

| \*\*TREX COMPANY, INC.\*\*<br><br> |  | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> |  | \*\*Nine Months Ended September 30,\*\*<br><br> | \*\*Nine Months Ended September 30,\*\*<br><br> | \*\*Nine Months Ended September 30,\*\*<br><br> |
|  |  | \*\*2026\*\*<br><br> |  | \*\*2025\*\*<br><br> |  | \*\*2026\*\*<br><br> |  | \*\*2025\*\*<br><br> |
|  |  | \*\\\($ in thousands\\\)\*<br><br> | \*\\\($ in thousands\\\)\*<br><br> | \*\\\($ in thousands\\\)\*<br><br> |  | \*\\\($ in thousands\\\)\*<br><br> | \*\\\($ in thousands\\\)\*<br><br> | \*\\\($ in thousands\\\)\*<br><br> |
| \*\*Net income\*\*<br><br> |  | \*\*$52,493\*\*<br><br> |  | \*\*$51,770\*\*<br><br> |  | \*\*$175,772\*\*<br><br> |  | \*\*$188,113\*\*<br><br> |
| Interest expense<br><br> |  | 843<br><br> |  | —<br><br> |  | 3,170<br><br> |  | —<br><br> |
| Income tax expense<br><br> |  | 19,186<br><br> |  | 18,627<br><br> |  | 63,276<br><br> |  | 66,346<br><br> |
| Depreciation and amortization<br><br> |  | 22,166<br><br> |  | 16,012<br><br> |  | 59,903<br><br> |  | 46,068<br><br> |
| Other expenses ^<br><br> |  | 496<br><br> |  | —<br><br> |  | 5,169<br><br> |  | —<br><br> |
| Railing conversion<br><br> |  | —<br><br> |  | 271<br><br> |  | —<br><br> |  | 5,521<br><br> |
| Digital transformation<br><br> |  | 1,042<br><br> |  | 1,749<br><br> |  | 3,209<br><br> |  | 2,680<br><br> |
| Arkansas start-up^^<br><br> |  | 3,281<br><br> |  | 1,965<br><br> |  | 4,142<br><br> |  | 4,939<br><br> |
| Adjusted EBITDA<br><br> |  | $99,507<br><br> |  | $90,394<br><br> |  | $314,641<br><br> |  | $313,667<br><br> | *^Non-cash write down of obsolete equipment*

*^^Arkansas start-up costs for the three months ended September 30, 2026 were $3,209 in cost of sales*

*and $72 in selling, general, and administrative expenses. Arkansas start-up costs for the nine months*

*ended September 30, 2026 were $3,209 in cost of sales and $933 in selling, general, and administrative*

*expenses. Arkansas start-up costs for the three months ended September 30, 2025 were $1,378 in*

*cost of sales and $587 in selling, general, and administrative expenses. Arkansas start-up costs*

*for the nine months ended September 30, 2025 were $2,659 in cost of sales and $2,280 in selling,*

*general, and administrative expenses.*

**Reconciliation of Cash from Operation to Free Cash Flow**

| \*\*<u>TREX COMPANY, INC.</u>\*\*<br><br> |  | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> |
|  |  | \*\*2026\*\*<br><br> |  | \*\*2025\*\*<br><br> |
|  |  | \*\\\($ in thousands\\\)\*<br><br> | \*\\\($ in thousands\\\)\*<br><br> | \*\\\($ in thousands\\\)\*<br><br> |
| \*\*Net cash provided by operating activities\*\*<br><br> |  | \*\*$152,622\*\*<br><br> |  | \*\*$196,889\*\*<br><br> |
| Expenditures for property, plant and equipment<br><br> |  | \\\(16,635\\\)<br><br> |  | \\\(53,941\\\)<br><br> |
| Purchased intangibles<br><br> |  | \\\(1,407\\\)<br><br> |  | \\\(3,379\\\)<br><br> |
| Free cash flow<br><br> |  | $134,580<br><br> |  | $139,569<br><br> |
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**GAAP Financial Statement Tables**

| \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Comprehensive Income\\\(In thousands, except share and per share data\\\)\*\*<br><br> |  |
|  |  | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> | \*\*Three Months EndedSeptember 30,\*\*<br><br> |  |  | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> |  |
|  |  | \*\*2026\*\*<br><br> | \*\*2026\*\*<br><br> |  |  | \*\*2025\*\*<br><br> | \*\*2025\*\*<br><br> |  |  | \*\*2026\*\*<br><br> | \*\*2026\*\*<br><br> |  |  | \*\*2025\*\*<br><br> | \*\*2025\*\*<br><br> |  |
|  |  | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> |  |  | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> | \\\(Unaudited\\\)<br><br> |  |
| Net sales<br><br> |  | $<br><br> | 359,504<br><br> |  |  | $<br><br> | 285,348<br><br> |  |  | $<br><br> | 1,120,926<br><br> |  |  | $<br><br> | 1,013,142<br><br> |  |
| Cost of sales<br><br> |  |  | 230,031<br><br> |  |  |  | 169,910<br><br> |  |  |  | 694,087<br><br> |  |  |  | 601,842<br><br> |  |
| Gross profit<br><br> |  |  | 129,473<br><br> |  |  |  | 115,438<br><br> |  |  |  | 426,839<br><br> |  |  |  | 411,300<br><br> |  |
| Selling, general and administrative expenses<br><br> |  |  | 56,455<br><br> |  |  |  | 45,041<br><br> |  |  |  | 179,452<br><br> |  |  |  | 156,841<br><br> |  |
| Other expenses<br><br> |  |  | 496<br><br> |  |  |  | -<br><br> |  |  |  | 5,169<br><br> |  |  |  | -<br><br> |  |
| Income from operations<br><br> |  |  | 72,522<br><br> |  |  |  | 70,397<br><br> |  |  |  | 242,218<br><br> |  |  |  | 254,459<br><br> |  |
| Interest expense, net<br><br> |  |  | 843<br><br> |  |  |  | -<br><br> |  |  |  | 3,170<br><br> |  |  |  | -<br><br> |  |
| Income before income taxes<br><br> |  |  | 71,679<br><br> |  |  |  | 70,397<br><br> |  |  |  | 239,048<br><br> |  |  |  | 254,459<br><br> |  |
| Provision for income taxes<br><br> |  |  | 19,186<br><br> |  |  |  | 18,627<br><br> |  |  |  | 63,276<br><br> |  |  |  | 66,346<br><br> |  |
| \*\*Net income\*\*<br><br> |  | \*\*$\*\*<br><br> | \*\*52,493\*\*<br><br> |  |  | \*\*$\*\*<br><br> | \*\*51,770\*\*<br><br> |  |  | \*\*$\*\*<br><br> | \*\*175,772\*\*<br><br> |  |  | \*\*$\*\*<br><br> | \*\*188,113\*\*<br><br> |  |
| Basic earnings per common share<br><br> |  | $<br><br> | 0.52<br><br> |  |  | $<br><br> | 0.48<br><br> |  |  | $<br><br> | 1.71<br><br> |  |  | $<br><br> | 1.75<br><br> |  |
| Basic weighted average common shares outstanding<br><br> |  |  | 101,719,534<br><br> |  |  |  | 107,244,573<br><br> |  |  |  | 103,018,450<br><br> |  |  |  | 107,217,689<br><br> |  |
| \*\*Diluted earnings per common share\*\*<br><br> |  | \*\*$\*\*<br><br> | \*\*0.52\*\*<br><br> |  |  | \*\*$\*\*<br><br> | \*\*0.48\*\*<br><br> |  |  | \*\*$\*\*<br><br> | \*\*1.70\*\*<br><br> |  |  | \*\*$\*\*<br><br> | \*\*1.75\*\*<br><br> |  |
| Diluted weighted average common shares outstanding<br><br> |  |  | 101,827,361<br><br> |  |  |  | 107,332,641<br><br> |  |  |  | 103,102,802<br><br> |  |  |  | 107,304,543<br><br> |  |
| Comprehensive income<br><br> |  | $<br><br> | 52,493<br><br> |  |  | $<br><br> | 51,770<br><br> |  |  | $<br><br> | 175,772<br><br> |  |  | $<br><br> | 188,113<br><br> |  |
8
---
| \*\*TREX COMPANY, INC.Condensed Consolidated Balance Sheets\\\(In thousands, except share data\\\)\\\(unaudited\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Balance Sheets\\\(In thousands, except share data\\\)\\\(unaudited\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Balance Sheets\\\(In thousands, except share data\\\)\\\(unaudited\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Balance Sheets\\\(In thousands, except share data\\\)\\\(unaudited\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Balance Sheets\\\(In thousands, except share data\\\)\\\(unaudited\\\)\*\*<br><br> |
|  |  | \*\*September 30,\*\*<br><br> |  | \*\*December 31,\*\*<br><br> |
|  |  | \*\*2026\*\*<br><br> |  | \*\*2025\*\*<br><br> |
| \*\*ASSETS\*\*<br><br> |  |  |  |  |
| Current assets:<br><br> |  |  |  |  |
| Cash and cash equivalents<br><br> |  | $3,271<br><br> |  | $3,807<br><br> |
| Accounts receivable, net<br><br> |  | 222,914<br><br> |  | 48,091<br><br> |
| Inventories<br><br> |  | 181,189<br><br> |  | 238,665<br><br> |
| Prepaid expenses and other assets<br><br> |  | 18,674<br><br> |  | 19,843<br><br> |
| Total current assets<br><br> |  | 426,048<br><br> |  | 310,406<br><br> |
| Property, plant and equipment, net<br><br> |  | 1,049,158<br><br> |  | 1,049,733<br><br> |
| Operating lease assets<br><br> |  | 46,275<br><br> |  | 52,632<br><br> |
| Goodwill and other intangible assets, net<br><br> |  | 35,831<br><br> |  | 31,529<br><br> |
| Other assets<br><br> |  | 10,329<br><br> |  | 9,141<br><br> |
| \*\*Total assets\*\*<br><br> |  | \*\*$1,567,641\*\*<br><br> |  | \*\*$1,453,441\*\*<br><br> |
| \*\*LIABILITIES AND STOCKHOLDERS' EQUITY\*\*<br><br> |  |  |  |  |
| Current liabilities:<br><br> |  |  |  |  |
| Accounts payable<br><br> |  | $51,763<br><br> |  | $34,759<br><br> |
| Accrued expenses and other liabilities<br><br> |  | 120,591<br><br> |  | 77,030<br><br> |
| Accrued warranty<br><br> |  | 4,697<br><br> |  | 5,416<br><br> |
| Line of credit<br><br> |  | 170,000<br><br> |  | 133,500<br><br> |
| Total current liabilities<br><br> |  | 347,051<br><br> |  | 250,705<br><br> |
| Deferred income taxes<br><br> |  | 130,845<br><br> |  | 85,833<br><br> |
| Operating lease liabilities<br><br> |  | 35,262<br><br> |  | 41,755<br><br> |
| Non-current accrued warranty<br><br> |  | 27,290<br><br> |  | 24,324<br><br> |
| Other long-term liabilities<br><br> |  | 16,788<br><br> |  | 16,560<br><br> |
| \*\*Total liabilities\*\*<br><br> |  | \*\*557,236\*\*<br><br> |  | \*\*419,177\*\*<br><br> |
| Stockholder's Equity:<br><br> |  |  |  |  |
| Preferred stock, $0.01 par value per share, 3,000,000 shares authorized; none issued and outstanding<br><br> |  | —<br><br> |  | —<br><br> |
| Common stock, $0.01 par value per share, 360,000,000 shares authorized; 141,319,518 and 141,208,139 shares issued and 100,648,634 and 105,737,266 shares outstanding at September 30, 2026 and December 31, 2025, respectively<br><br> |  | 1,413<br><br> |  | 1,412<br><br> |
| Additional paid-in capital<br><br> |  | 162,230<br><br> |  | 155,316<br><br> |
| Retained earnings<br><br> |  | 1,965,619<br><br> |  | 1,789,847<br><br> |
| Treasury stock, at cost, 40,670,884 and 35,470,873 shares at September 30, 2026 and December 31, 2025, respectively<br><br> |  | \\\(1,118,857\\\)<br><br> |  | \\\(912,311\\\)<br><br> |
| \*\*Total stockholders’ equity\*\*<br><br> |  | \*\*1,010,405\*\*<br><br> |  | \*\*1,034,264\*\*<br><br> |
| \*\*Total liabilities and stockholders’ equity\*\*<br><br> |  | \*\*$1,567,641\*\*<br><br> |  | \*\*$1,453,441\*\*<br><br> |
9
---
| \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Cash Flows\\\(In thousands\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Cash Flows\\\(In thousands\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Cash Flows\\\(In thousands\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Cash Flows\\\(In thousands\\\)\*\*<br><br> | \*\*TREX COMPANY, INC.Condensed Consolidated Statements of Cash Flows\\\(In thousands\\\)\*\*<br><br> |
|  |  | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> | \*\*Nine Months EndedSeptember 30,\*\*<br><br> |
|  |  | \*\*2026\*\*<br><br> |  | \*\*2025\*\*<br><br> |
|  |  | \\\(unaudited\\\)<br><br> | \\\(unaudited\\\)<br><br> | \\\(unaudited\\\)<br><br> |
| \*\*Operating Activities\*\*<br><br> |  |  |  |  |
| Net income<br><br> |  | $175,772<br><br> |  | $188,113<br><br> |
| Adjustments to reconcile net income to net cash<br><br> |  |  |  |  |
| provided by operating activities:<br><br> |  |  |  |  |
| Depreciation and amortization<br><br> |  | 59,903<br><br> |  | 46,068<br><br> |
| Deferred income taxes<br><br> |  | 45,012<br><br> |  | -<br><br> |
| Stock-based compensation<br><br> |  | 8,096<br><br> |  | 6,460<br><br> |
| Loss on disposal of property, plant and equipment<br><br> |  | 5,169<br><br> |  | 507<br><br> |
| Other non-cash adjustments<br><br> |  | \\\(309\\\)<br><br> |  | \\\(169\\\)<br><br> |
| Changes in operating assets and liabilities:<br><br> |  |  |  |  |
| Accounts receivable<br><br> |  | \\\(174,823\\\)<br><br> |  | \\\(75,641\\\)<br><br> |
| Inventories<br><br> |  | 57,476<br><br> |  | 57,731<br><br> |
| Prepaid expenses and other assets<br><br> |  | 5,378<br><br> |  | 8,236<br><br> |
| Accounts payable<br><br> |  | 23,438<br><br> |  | 13,150<br><br> |
| Accrued expenses and other liabilities<br><br> |  | 49,112<br><br> |  | 30,512<br><br> |
| Deferred Revenue<br><br> |  | 227<br><br> |  | -<br><br> |
| Income taxes receivable/payable<br><br> |  | \\\(6,088\\\)<br><br> |  | 17,660<br><br> |
| \*\*Net cash provided by operating activities\*\*<br><br> |  | \*\*$248,363\*\*<br><br> |  | \*\*$292,627\*\*<br><br> |
| \*\*Investing Activities\*\*<br><br> |  |  |  |  |
| Expenditures for property, plant and equipment<br><br> |  | \\\(69,373\\\)<br><br> |  | \\\(180,214\\\)<br><br> |
| Purchased intangibles<br><br> |  | \\\(5,949\\\)<br><br> |  | \\\(8,280\\\)<br><br> |
| Proceeds from sales of property, plant and equipment<br><br> |  | 89<br><br> |  | 358<br><br> |
| \*\*Net cash used in investing activities\*\*<br><br> |  | \*\*$\\\(75,233\\\)\*\*<br><br> |  | \*\*$\\\(188,136\\\)\*\*<br><br> |
| \*\*Financing Activities\*\*<br><br> |  |  |  |  |
| Borrowings under line of credit<br><br> |  | 656,000<br><br> |  | 679,547<br><br> |
| Principal payments under line of credit<br><br> |  | \\\(619,500\\\)<br><br> |  | \\\(770,847\\\)<br><br> |
| Repurchases of common stock<br><br> |  | \\\(208,634\\\)<br><br> |  | \\\(4,033\\\)<br><br> |
| Proceeds from employee stock purchase and option plans<br><br> |  | 906<br><br> |  | 901<br><br> |
| Financing costs<br><br> |  | \\\(2,438\\\)<br><br> |  | 6<br><br> |
| \*\*Net cash used in financing activities\*\*<br><br> |  | \*\*$\\\(173,666\\\)\*\*<br><br> |  | \*\*$\\\(94,426\\\)\*\*<br><br> |
| Net \\\(decrease\\\) increase in cash and cash equivalents<br><br> |  | \\\(536\\\)<br><br> |  | 10,065<br><br> |
| Cash and cash equivalents at beginning of period<br><br> |  | 3,807<br><br> |  | 1,292<br><br> |
| \*\*Cash and cash equivalents at end of period\*\*<br><br> |  | \*\*$3,271\*\*<br><br> |  | \*\*$11,357\*\*<br><br> |
10
---
**About Trex Company**

For more than 30 years, Trex Company \[NYSE: TREX\] has invented, reinvented and defined the composite decking category. Today, the company is the world’s #1 brand of sustainable, wood-alternative decking and railing, and a leader in high performance, low-maintenance outdoor living products. Boasting the industry’s strongest distribution network, Trex sells products through more than 6,700 retail outlets across six continents. Through strategic licensing agreements, the company offers a comprehensive outdoor living portfolio that includes deck drainage, flashing tapes, LED lighting, outdoor kitchen components, pergolas, spiral stairs, fencing, lattice, cornhole and outdoor furniture – all marketed under the Trex ® brand. Based in Winchester, Va., Trex is proud to have been named America’s Most Trusted ® Outdoor Decking ^ for the past 6 years \(2021-2026\). The company also holds a place on Barron’s list of the 100 Most Sustainable U.S. Companies \(2024 and 2025\), was named one of America’s Most Responsible Companies 2024 by Newsweek, ranked as one of the 100 Best ESG Companies by Investor’s Business Daily, and named the Sustainable Brand Leader in the decking category by Green Builder Media for the 16 th consecutive year. For more information, visit Trex.com .

*^Trex received the highest numerical score in the proprietary Lifestory Research 2021-2026 America’s Most Trusted* *®* *Outdoor Decking studies. Study results are based on experiences and perceptions of people surveyed. Your experiences may vary. Visit* *www.lifestoryresearch.com* *.*

**Forward-Looking Statements**

The statements in this press release regarding the Company’s expected future performance and condition constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause the Company’s actual operating results to differ materially. Such risks and uncertainties include, but are not limited to: the extent of market acceptance of the Company’s current and newly developed products, including fire-rated and PVC decking products; the costs associated with the development and launch of new products and the market acceptance of such new products; the sensitivity of the Company’s business to general economic conditions; the impact of seasonal and weather-related demand fluctuations on inventory levels in the distribution channel and sales of the Company’s products; the availability and cost of third-party transportation services for the Company’s products and raw materials; the Company’s ability to obtain raw materials, including scrap polyethylene, wood fiber, and other materials used in making our products, at acceptable prices; increasing inflation, oil prices, and tariffs in the macro-economic environment; the Company’s ability to maintain product quality and product performance at an acceptable cost; the Company’s ability to increase throughput and capacity to adequately match supply with demand; the level of expenses associated with warranty claims, product replacement and
11
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consumer relations expenses related to product quality; the highly competitive markets in which the Company operates; cyber-attacks, security breaches or other security vulnerabilities; the impact of current and upcoming data privacy laws and the EU General Data Protection Regulation and the related actual or potential costs and consequences; material adverse impacts from global public health pandemics and geopolitical conflicts, including the ongoing conflict in the Middle East and its potential effect on consumer confidence; risks associated with the Company’s digital transformation initiatives and related costs; risks associated with the startup, construction, and operational transition of the Company’s Arkansas facility; risks associated with changes to the Company's distribution model, including potential disruption to sales channels and customer relationships; and material adverse impacts related to labor shortages or increases in labor costs. Documents filed with the U.S. Securities and Exchange Commission by the Company, including in particular its latest annual report on Form 10-K and quarterly reports on Form 10-Q, discuss some of the important factors that could cause the Company’s actual results to differ materially from those expressed or implied in these forward-looking statements. The Company expressly disclaims any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

**Contacts:**

Lee Coker

VP, Corporate Development & Investor Relations

540-542-6321

Eric Prouty

Casey Kotary

ADVIS **IR** Y Partners

212-750-5800

eric.prouty@advisiry.com

casey.kotary@advisiry.com
12
---</content>
                </data>
            

                <data>
                    <label>TREX 10-Q, date: 2026-11-04 21:10 UTC</label>
                    <content>UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2026 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14649 Trex Company, Inc. (Exact name of registrant as specified in its charter)

| Delaware                                                      |                         54-1910453 |
| (State or other jurisdiction ofincorporation or organization) | -I.R.S. EmployerIdentification No. |
| 2500 Trex WayWinchester, Virginia                             |                              22601 |
| (Address of principal executive offices)                      |                          -Zip Code |

Registrant’s telephone number, including area code: ( 540 ) 542-6300 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act:

| Title of each class |     | Trading Symbol(s) |     | Name of each exchange on which registered |
| Common stock        |     | TREX              |     | New York Stock Exchange                   |

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.: Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐ Indicate by check mark whether the registrant is a shell company (as defined by Rule 12b-2 of the Exchange Act): Yes ☐ No ☒ The number of shares of the registrant’s common stock, par value $0.01 per share, outstanding at October 14, 2026 was 99,936,893 shares.

TREX COMPANY, INC. INDEX

|         |                                                                                                                                                                |     | Page |
|         | PART I FINANCIAL INFORMATION                                                                                                                                   |     |    2 |
| Item 1. | Condensed Consolidated Financial Statements                                                                                                                    |     |    2 |
|         | Condensed Consolidated Statements of Comprehensive Income for the Three and Nine Months Ended September 30, 2026 and September 30, 2025 (unaudited)            |     |    2 |
|         | Condensed Consolidated Balance Sheets as of September 30, 2026 and December 31, 2025 (unaudited)                                                               |     |    3 |
|         | Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three and Nine Months Ended September 30, 2026 and September 30, 2025 (unaudited) |     |    4 |
|         | Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2026 and September 30, 2025 (unaudited)                                |     |    5 |
|         | Notes to Condensed Consolidated Financial Statements (unaudited)                                                                                               |     |    6 |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                                          |     |   15 |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk                                                                                                     |     |   25 |
| Item 4. | Controls and Procedures                                                                                                                                        |     |   25 |
|         | PART II OTHER INFORMATION                                                                                                                                      |     |   26 |
| Item 1. | Legal Proceedings                                                                                                                                              |     |   26 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                    |     |   26 |
| Item 5. | Other Information                                                                                                                                              |     |   26 |
| Item 6. | Exhibits                                                                                                                                                       |     |   26 |

<div align='center'>1</div>

PA RT I FINANCIAL INFORMATION Item 1. Condensed C onsolidated Financial Statements TREX COMPANY, INC. Condensed Consolidated Sta tements of Comprehensive Income (Unaudited) (In thousands, except share and per share data)

|                                                    |     |   | Three Months Ended 
      September 30, 
               2026 |     |   |        2025 |     |   | Nine Months Ended 
     September 30, 
              2026 |     |   |        2025 |
|:---------------------------------------------------|:----|:--|-------------------:|:----|:--|------------:|:----|:--|------------------:|:----|:--|------------:|
| Net sales                                          |     | $ |            359,504 |     | $ |     285,348 |     | $ |         1,120,926 |     | $ |   1,013,142 |
| Cost of sales                                      |     |   |            230,031 |     |   |     169,910 |     |   |           694,087 |     |   |     601,842 |
| Gross profit                                       |     |   |            129,473 |     |   |     115,438 |     |   |           426,839 |     |   |     411,300 |
| Selling, general and administrative expenses       |     |   |             56,455 |     |   |      45,041 |     |   |           179,452 |     |   |     156,841 |
| Other expenses                                     |     |   |                496 |     |   |           — |     |   |             5,169 |     |   |           — |
| Income from operations                             |     |   |             72,522 |     |   |      70,397 |     |   |           242,218 |     |   |     254,459 |
| Interest expense, net                              |     |   |                843 |     |   |           — |     |   |             3,170 |     |   |           — |
| Income before income taxes                         |     |   |             71,679 |     |   |      70,397 |     |   |           239,048 |     |   |     254,459 |
| Provision for income taxes                         |     |   |             19,186 |     |   |      18,627 |     |   |            63,276 |     |   |      66,346 |
| Net income                                         |     | $ |             52,493 |     | $ |      51,770 |     | $ |           175,772 |     | $ |     188,113 |
| Basic earnings per common share                    |     | $ |               0.52 |     | $ |        0.48 |     | $ |              1.71 |     | $ |        1.75 |
| Basic weighted average common shares outstanding   |     |   |        101,719,534 |     |   | 107,244,573 |     |   |       103,018,450 |     |   | 107,217,689 |
| Diluted earnings per common share                  |     | $ |               0.52 |     | $ |        0.48 |     | $ |              1.70 |     | $ |        1.75 |
| Diluted weighted average common shares outstanding |     |   |        101,827,361 |     |   | 107,332,641 |     |   |       103,102,802 |     |   | 107,304,543 |
| Comprehensive income                               |     | $ |             52,493 |     | $ |      51,770 |     | $ |           175,772 |     | $ |     188,113 |

See Notes to Condensed Consolidated Financial Statements (Unaudited).

<div align='center'>2</div>

TREX COMPANY, INC. Condensed Consolid ated Balance Sheets (In thousands, except share and per share data)

|                                                                                                                                                                                                                                  |     |   | September 30, 
          2026 |   |     |   | December 31, 
         2025 |   |
|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--|--------------:|:--|:----|:--|-------------:|:--|
|                                                                                                                                                                                                                                  |     |   |    -Unaudited |   |     |   |              |   |
| ASSETS                                                                                                                                                                                                                           |     |   |               |   |     |   |              |   |
| Current assets                                                                                                                                                                                                                   |     |   |               |   |     |   |              |   |
| Cash and cash equivalents                                                                                                                                                                                                        |     | $ |         3,271 |   |     | $ |        3,807 |   |
| Accounts receivable, net                                                                                                                                                                                                         |     |   |       222,914 |   |     |   |       48,091 |   |
| Inventories                                                                                                                                                                                                                      |     |   |       181,189 |   |     |   |      238,665 |   |
| Prepaid expenses and other assets                                                                                                                                                                                                |     |   |        18,674 |   |     |   |       19,843 |   |
| Total current assets                                                                                                                                                                                                             |     |   |       426,048 |   |     |   |      310,406 |   |
| Property, plant and equipment, net                                                                                                                                                                                               |     |   |     1,049,158 |   |     |   |    1,049,733 |   |
| Operating lease right-of-use (ROU) assets                                                                                                                                                                                        |     |   |        46,275 |   |     |   |       52,632 |   |
| Goodwill and other intangible assets, net                                                                                                                                                                                        |     |   |        35,831 |   |     |   |       31,529 |   |
| Other assets                                                                                                                                                                                                                     |     |   |        10,329 |   |     |   |        9,141 |   |
| Total assets                                                                                                                                                                                                                     |     | $ |     1,567,641 |   |     | $ |    1,453,441 |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                                                                                             |     |   |               |   |     |   |              |   |
| Current liabilities                                                                                                                                                                                                              |     |   |               |   |     |   |              |   |
| Accounts payable                                                                                                                                                                                                                 |     | $ |        51,763 |   |     | $ |       34,759 |   |
| Accrued expenses and other liabilities                                                                                                                                                                                           |     |   |       120,591 |   |     |   |       77,030 |   |
| Accrued warranty                                                                                                                                                                                                                 |     |   |         4,697 |   |     |   |        5,416 |   |
| Line of credit                                                                                                                                                                                                                   |     |   |       170,000 |   |     |   |      133,500 |   |
| Total current liabilities                                                                                                                                                                                                        |     |   |       347,051 |   |     |   |      250,705 |   |
| Deferred income taxes                                                                                                                                                                                                            |     |   |       130,845 |   |     |   |       85,833 |   |
| Operating lease liabilities                                                                                                                                                                                                      |     |   |        35,262 |   |     |   |       41,755 |   |
| Non-current accrued warranty                                                                                                                                                                                                     |     |   |        27,290 |   |     |   |       24,324 |   |
| Other long-term liabilities                                                                                                                                                                                                      |     |   |        16,788 |   |     |   |       16,560 |   |
| Total liabilities                                                                                                                                                                                                                |     |   |       557,236 |   |     |   |      419,177 |   |
| Commitments and contingencies                                                                                                                                                                                                    |     |   |             — |   |     |   |            — |   |
| Stockholders’ equity                                                                                                                                                                                                             |     |   |               |   |     |   |              |   |
| Preferred stock, $0.01 par value per share, 3,000,000 shares authorized; none issued and outstanding                                                                                                                             |     |   |             — |   |     |   |            — |   |
| Common stock, $0.01 par value per share, 360,000,000 shares authorized;  141,319,518 and 141,208,139 shares issued and 100,648,634 and 105,737,266 shares outstanding, at September 30, 2026 and December 31, 2025, respectively |     |   |         1,413 |   |     |   |        1,412 |   |
| Additional paid-in capital                                                                                                                                                                                                       |     |   |       162,230 |   |     |   |      155,316 |   |
| Retained earnings                                                                                                                                                                                                                |     |   |     1,965,619 |   |     |   |    1,789,847 |   |
| Treasury stock, at cost, 40,670,884 and 35,470,873 shares as of September 30, 2026 and December 31, 2025, respectively                                                                                                           |     |   |    (1,118,857 | ) |     |   |     (912,311 | ) |
| Total stockholders’ equity                                                                                                                                                                                                       |     |   |     1,010,405 |   |     |   |    1,034,264 |   |
| Total liabilities and stockholders’ equity                                                                                                                                                                                       |     | $ |     1,567,641 |   |     | $ |    1,453,441 |   |

See Notes to Condensed Consolidated Financial Statements (Unaudited).

<div align='center'>3</div>

TREX COMPANY, INC. Condensed Consolidated State ments of Changes in Stockholders’ Equity (Unaudited) (In thousands, except share data)

|                                        |     | Common Stock 
       Shares |   |     |   | Amount |     |   | Additional 
    Paid-In 
    Capital |   |     |   |  Retained 
  Earnings |     | Treasury Stock 
         Shares |     |   | Amount     |   |     |   |     Total |   |
|:---------------------------------------|:----|-------------:|:--|:----|:--|-------:|:----|:--|-----------:|:--|:----|:--|----------:|:----|---------------:|:----|:--|:-----------|:--|:----|:--|----------:|:--|
| Balance, December 31, 2025             |     |  105,737,266 |   |     | $ |  1,412 |     | $ |    155,316 |   |     | $ | 1,789,847 |     |     35,470,873 |     | $ | (912,311   | ) |     | $ | 1,034,264 |   |
| Net income                             |     |            — |   |     |   |        |     |   |          — |   |     |   |    61,403 |     |              — |     |   | —          |   |     |   |    61,403 |   |
| Employee stock plans                   |     |        9,423 |   |     |   |        |     |   |        285 |   |     |   |         — |     |              — |     |   | —          |   |     |   |       285 |   |
| Shares withheld for taxes on awards    |     |      (49,580 | ) |     |   |        |     |   |     (2,052 | ) |     |   |         — |     |              — |     |   | —          |   |     |   |    (2,052 | ) |
| Stock-based compensation               |     |      112,600 |   |     |   |      1 |     |   |      2,634 |   |     |   |         — |     |              — |     |   | —          |   |     |   |     2,635 |   |
| Repurchases of Common Stock            |     |   (1,911,132 | ) |     |   |        |     |   |          — |   |     |   |         — |     |      1,911,132 |     |   | (80,774    | ) |     |   |   (80,774 | ) |
| Unsettled accelerated share repurchase |     |            — |   |     |   |        |     |   |    (20,000 | ) |     |   |         — |     |              — |     |   | —          |   |     |   |   (20,000 | ) |
| Balance, March 31, 2026                |     |  103,898,577 |   |     | $ |  1,413 |     | $ |    136,183 |   |     | $ | 1,851,250 |     |     37,382,005 |     | $ | (993,085   | ) |     | $ |   995,761 |   |
| Net income                             |     |            — |   |     |   |      — |     |   |          — |   |     |   |    61,876 |     |              — |     |   | —          |   |     |   |    61,876 |   |
| Employee stock plans                   |     |       10,737 |   |     |   |      — |     |   |        336 |   |     |   |         — |     |              — |     |   | —          |   |     |   |       336 |   |
| Shares withheld for taxes on awards    |     |         (861 | ) |     |   |      — |     |   |        (36 | ) |     |   |         — |     |              — |     |   | —          |   |     |   |       (36 | ) |
| Stock-based compensation               |     |        2,802 |   |     |   |      — |     |   |      2,840 |   |     |   |         — |     |              — |     |   | —          |   |     |   |     2,840 |   |
| Repurchases of Common Stock            |     |   (2,046,220 | ) |     |   |      — |     |   |          — |   |     |   |         — |     |      2,046,220 |     |   | (70,695    | ) |     |   |   (70,695 | ) |
| Unsettled accelerated share repurchase |     |            — |   |     |   |      — |     |   |     20,000 |   |     |   |         — |     |              — |     |   | —          |   |     |   |    20,000 |   |
| Balance, June 30, 2026                 |     |  101,865,035 |   |     | $ |  1,413 |     | $ |    159,323 |   |     | $ | 1,913,126 |     |     39,428,225 |     | $ | (1,063,780 | ) |     | $ | 1,010,082 |   |
| Net income                             |     |            — |   |     |   |      — |     |   |          — |   |     |   |    52,493 |     |              — |     |   | —          |   |     |   |    52,493 |   |
| Employee stock plans                   |     |        7,673 |   |     |   |      — |     |   |        285 |   |     |   |         — |     |              — |     |   | —          |   |     |   |       285 |   |
| Shares withheld for taxes on awards    |     |            — |   |     |   |      — |     |   |          — |   |     |   |         — |     |              — |     |   | —          |   |     |   |         — |   |
| Stock-based compensation               |     |       18,585 |   |     |   |      — |     |   |      2,622 |   |     |   |         — |     |              — |     |   | —          |   |     |   |     2,622 |   |
| Repurchases of Common Stock            |     |   (1,242,659 | ) |     |   |      — |     |   |            |   |     |   |         — |     |      1,242,659 |     |   | (55,077    | ) |     |   |   (55,077 | ) |
| Balance, September 30, 2026            |     |  100,648,634 |   |     | $ |  1,413 |     | $ |    162,230 |   |     | $ | 1,965,619 |     |     40,670,884 |     | $ | (1,118,857 | ) |     | $ | 1,010,405 |   |

|                                     |     | Common Stock 
       Shares |   |     |   | Amount |   |     |   | Additional 
    Paid-In 
    Capital |   |     |   |  Retained 
  Earnings |     | Treasury Stock 
         Shares |     |   | Amount   |   |     |   |     Total |   |
|:------------------------------------|:----|-------------:|:--|:----|:--|-------:|:--|:----|:--|-----------:|:--|:----|:--|----------:|:----|---------------:|:----|:--|:---------|:--|:----|:--|----------:|:--|
| Balance, December 31, 2024          |     |  107,154,305 |   |     | $ |  1,411 |   |     | $ |    148,153 |   |     | $ | 1,562,450 |     |     33,943,946 |     | $ | (861,872 | ) |     | $ |   850,142 |   |
| Net income                          |     |            — |   |     |   |      — |   |     |   |          — |   |     |   |    60,434 |     |              — |     |   | —        |   |     |   |    60,434 |   |
| Employee stock plans                |     |        6,068 |   |     |   |      — |   |     |   |        299 |   |     |   |         — |     |              — |     |   | —        |   |     |   |       299 |   |
| Shares withheld for taxes on awards |     |      (49,949 | ) |     |   |      — |   |     |   |     (3,110 | ) |     |   |         — |     |              — |     |   | —        |   |     |   |    (3,110 | ) |
| Stock-based compensation            |     |      116,588 |   |     |   |      1 |   |     |   |      2,313 |   |     |   |         — |     |              — |     |   | —        |   |     |   |     2,314 |   |
| Balance, March 31, 2025             |     |  107,227,012 |   |     | $ |  1,412 |   |     | $ |    147,655 |   |     | $ | 1,622,884 |     |     33,943,946 |     | $ | (861,872 | ) |     | $ |   910,079 |   |
| Net income                          |     |            — |   |     |   |      — |   |     |   |          — |   |     |   |    75,909 |     |              — |     |   | —        |   |     |   |    75,909 |   |
| Employee stock plans                |     |        7,250 |   |     |   |      — |   |     |   |        335 |   |     |   |         — |     |              — |     |   | —        |   |     |   |       335 |   |
| Shares withheld for taxes on awards |     |            — |   |     |   |      — |   |     |   |         (1 | ) |     |   |         — |     |              — |     |   | —        |   |     |   |        (1 | ) |
| Stock-based compensation            |     |           26 |   |     |   |      — |   |     |   |      2,934 |   |     |   |         — |     |              — |     |   | —        |   |     |   |     2,934 |   |
| Balance, June 30, 2025              |     |  107,234,288 |   |     | $ |  1,412 |   |     | $ |    150,923 |   |     | $ | 1,698,793 |     |     33,943,946 |     | $ | (861,872 | ) |     | $ |   989,256 |   |
| Net income                          |     |            — |   |     |   |      — |   |     |   |          — |   |     |   |    51,770 |     |              — |     |   | —        |   |     |   |    51,770 |   |
| Employee stock plans                |     |        6,076 |   |     |   |      — |   |     |   |        267 |   |     |   |         — |     |              — |     |   | —        |   |     |   |       267 |   |
| Shares withheld for taxes on awards |     |         (424 | ) |     |   |      1 |   |     |   |        (24 | ) |     |   |         — |     |              — |     |   | —        |   |     |   |       (23 | ) |
| Stock-based compensation            |     |       14,551 |   |     |   |     (1 | ) |     |   |      1,213 |   |     |   |         — |     |              — |     |   | —        |   |     |   |     1,212 |   |
| Balance, September 30, 2025         |     |  107,254,491 |   |     | $ |  1,412 |   |     | $ |    152,379 |   |     | $ | 1,750,563 |     |     33,943,946 |     | $ | (861,872 | ) |     | $ | 1,042,482 |   |

See Notes to Condensed Consolidated Financial Statements (Unaudited).

<div align='center'>4</div>

TREX COMPANY, INC. Condensed Consolidated S tatements of Cash Flows (Unaudited) (In thousands)

| OPERATING ACTIVITIES                                                              |     |   | Nine Months Ended 
     September 30, 
              2026 |   |     |   |     2025 |   |
|:----------------------------------------------------------------------------------|:----|:--|------------------:|:--|:----|:--|---------:|:--|
| Net income                                                                        |     | $ |           175,772 |   |     | $ |  188,113 |   |
| Adjustments to reconcile net income to net cash provided by operating activities: |     |   |                   |   |     |   |          |   |
| Depreciation and amortization                                                     |     |   |            59,903 |   |     |   |   46,068 |   |
| Deferred income taxes                                                             |     |   |            45,012 |   |     |   |        — |   |
| Stock-based compensation                                                          |     |   |             8,096 |   |     |   |    6,460 |   |
| Loss on disposal of property, plant and equipment                                 |     |   |             5,169 |   |     |   |      507 |   |
| Other non-cash adjustments                                                        |     |   |              (309 | ) |     |   |     (169 | ) |
| Changes in operating assets and liabilities:                                      |     |   |                   |   |     |   |          |   |
| Accounts receivable                                                               |     |   |          (174,823 | ) |     |   |  (75,641 | ) |
| Inventories                                                                       |     |   |            57,476 |   |     |   |   57,731 |   |
| Prepaid expenses and other assets                                                 |     |   |             5,378 |   |     |   |    8,236 |   |
| Accounts payable                                                                  |     |   |            23,438 |   |     |   |   13,150 |   |
| Accrued expenses and other liabilities                                            |     |   |            49,112 |   |     |   |   30,512 |   |
| Deferred Revenue                                                                  |     |   |               227 |   |     |   |        — |   |
| Income taxes receivable/payable                                                   |     |   |            (6,088 | ) |     |   |   17,660 |   |
| Net cash provided by operating activities                                         |     |   |           248,363 |   |     |   |  292,627 |   |
| INVESTING ACTIVITIES                                                              |     |   |                   |   |     |   |          |   |
| Expenditures for property, plant and equipment                                    |     |   |           (69,373 | ) |     |   | (180,214 | ) |
| Purchased intangibles                                                             |     |   |            (5,949 | ) |     |   |   (8,280 | ) |
| Proceeds from sales of property, plant and equipment                              |     |   |                89 |   |     |   |      358 |   |
| Net cash used in investing activities                                             |     |   |           (75,233 | ) |     |   | (188,136 | ) |
| FINANCING ACTIVITIES                                                              |     |   |                   |   |     |   |          |   |
| Borrowings under line of credit                                                   |     |   |           656,000 |   |     |   |  679,547 |   |
| Principal payments under line of credit                                           |     |   |          (619,500 | ) |     |   | (770,847 | ) |
| Repurchases of common stock                                                       |     |   |          (208,634 | ) |     |   |   (4,033 | ) |
| Proceeds from employee stock purchase and option plans                            |     |   |               906 |   |     |   |      901 |   |
| Financing costs                                                                   |     |   |            (2,438 | ) |     |   |        6 |   |
| Net cash used in financing activities                                             |     |   |          (173,666 | ) |     |   |  (94,426 | ) |
| Net (decrease) increase in cash and cash equivalents                              |     |   |              (536 | ) |     |   |   10,065 |   |
| Cash and cash equivalents, beginning of period                                    |     |   |             3,807 |   |     |   |    1,292 |   |
| Cash and cash equivalents, end of period                                          |     | $ |             3,271 |   |     | $ |   11,357 |   |
| Supplemental Disclosure:                                                          |     |   |                   |   |     |   |          |   |
| Cash paid for interest, net of capitalized interest                               |     | $ |             3,023 |   |     | $ |        — |   |
| Cash paid for income taxes, net                                                   |     | $ |            24,353 |   |     | $ |   48,686 |   |
| Supplemental non-cash investing and financing disclosure:                         |     |   |                   |   |     |   |          |   |
| (Decrease) increase capital expenditures in accounts payable and accrued expenses |     | $ |            (6,272 | ) |     | $ |   27,437 |   |

See Notes to Condensed Consolidated Financial Statements (Unaudited).

<div align='center'>5

TREX COMPANY, INC.

Notes to Condensed Consolidated Financial Statements

For the Nine Months Ended September 30, 2026 and September 30, 2025

(Unaudited)</div>

1. BUSINESS AND ORGANIZATION Trex Company, Inc. (Trex or Company), is the world’s largest manufacturer of high-performance, low-maintenance wood-alternative decking and railing and outdoor living products and accessories, marketed under the brand name Trex ® , with more than 30 years of product experience. A majority of its products are manufactured in a proprietary process that combines reclaimed wood fibers and scrap polyethylene. The Company is incorporated in Delaware. The principal executive offices are located at 2500 Trex Way, Winchester, Virginia 22601, and the telephone number at that address is (540) 542-6300. The Company operates in a single reportable segment.

2. BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and U.S. Securities and Exchange Commission instructions to Form 10-Q and Article 10 of Regulation S-X and, accordingly, the accompanying unaudited condensed consolidated financial statements do not include all of the information and notes required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, all adjustments (consisting of normal and recurring adjustments, except as otherwise described herein) considered necessary for a fair presentation have been included in the accompanying unaudited condensed consolidated financial statements. The unaudited condensed consolidated financial statements include the accounts of the Company for all periods presented. The unaudited consolidated results of operations for the three and nine months ended September 30, 2026, are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2026. The Company’s results of operations are affected by a number of factors, including, but not limited to, the cost to manufacture and distribute products, cost of raw materials, inflation, tariffs, consumer spending and preferences, interest rates, the impact of any supply chain disruptions, economic conditions, and/or any adverse effects from global health pandemics and geopolitical conflicts. These unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Annual Report of Trex Company, Inc. on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission.

3. RECENTLY ADOPTED ACCOUNTING STANDARDS In December 2025, the FASB issued ASU No. 2025-10, "Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities." This guidance provides authoritative guidance for the accounting for government grants received by business entities. This update is effective for annual reporting periods beginning after December 15, 2028 and interim periods within those annual reporting periods, with early adoption permitted. The Company adopted this accounting standard in the third quarter of 2026 . Adoption of this update did no t have a material impact on the Company's consolidated results of operations or financial position, and no cumulative effect adjustment to opening retained earnings was required. In July 2025, the FASB issued ASU No. 2025-05, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets." This guidance provides an optional practical expedient related to the estimation of expected credit losses for current accounts receivable and contract assets that arise from transactions accounted for under FASB Accounting Standards Codification 606. Specifically, this optional practical expedient allows an entity to assume that current conditions as of the balance sheet date will not change for the remaining life of the asset. The amendments to this update are effective for annual reporting periods beginning after December 15, 2025, and interim reporting periods within those annual reporting periods. The Company adopted this practical expedient in the first quarter of 2026 . Adoption of this practical expedient did no t have a material impact on consolidated results of operations or financial position.

4. NEW ACCOUNTING STANDARDS NOT YET ADOPTED In December 2025, the FASB issued ASU No. 2025-11, "Interim Reporting (Topic 270)." This update is intended to improve the guidance in Topic 270, Interim Reporting by improving the navigability of the required interim disclosures and clarifying when the guidance is applicable. The amendments also provide guidance on what disclosures should be provided in interim reporting periods. The amendments add to Topic 270, a principle that requires entities to disclose events since the end of the last annual report period

<div align='center'>6</div>

that have a material impact on the entity. The amendments to this update are effective for interim reporting periods within annual reporting periods beginning after December 15, 2027 for public business entities. The amendments in this update may be applied prospectively or retrospectively to any or all prior periods presented in the financial statements. The Company does not believe adoption of this update will have a material impact on its disclosures. In September 2025, the FASB issued ASU No. 2025-06, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40)." This guidance clarifies and modernizes when an entity is required to begin capitalizing software costs. Specifically, it requires capitalization when both of the following are met (i) management has authorized and committed to funding the software project and (ii) it is probable that the project will be completed and the software will be used to perform the function intended. The amendments to this update are effective for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption of this update is permitted. The amendments to this update may be applied prospectively, retrospectively, or on a modified transition approach. The Company does not believe adoption of this update will have a material impact on its consolidated results of operations and financial condition. In November 2024, the FASB issued ASU No. 2024-03, “Income Statement – Reporting Comprehensive Income – Disaggregation Disclosures.” This guidance requires more detailed disclosure about the types of expenses presented within the expense captions of the financial statements. Specifically, disclosure of purchases of inventory, employee compensation, depreciation, and intangible asset amortization are required on both an interim and annual basis. In addition, a qualitative description of remaining amounts in relevant expense captions which have not separately been disaggregated will be required on an interim and annual basis. On an annual basis, disclosure of an entity’s definition of selling expenses and the amount of selling expenses is required. The amendments to this update are effective for annual reporting periods beginning after December 15, 2026, and interim periods beginning after December 15, 2027. Early adoption of this update is permitted. The amendments to this update should be applied prospectively to financial statements issued for reporting periods after the effective date of the update or retrospectively to any or all prior periods presented in the financial statements. The Company believes adoption will result in expanded financial statement footnote disclosure but does not believe adoption of this update will have a material impact on its consolidated results of operations. The Company is continuing to evaluate the impacts of adoption.

5. INVENTORIES

Inventories valued at FIFO (first-in, first-out), consist of the following (in thousands):

|                        |     |   | September 30, 
          2026 |     |   | December 31, 
         2025 |
|:-----------------------|:----|:--|--------------:|:----|:--|-------------:|
| Finished goods         |     | $ |       133,520 |     | $ |      179,758 |
| Raw materials          |     |   |        47,669 |     |   |       58,907 |
| Total FIFO inventories |     | $ |       181,189 |     | $ |      238,665 |

6. PREPAID EXPENSES AND OTHER ASSETS

Prepaid expenses and other assets consist of the following (in thousands):

|                                         |     |   | September 30, 
          2026 |     |   | December 31, 
         2025 |
|:----------------------------------------|:----|:--|--------------:|:----|:--|-------------:|
| Prepaid expenses                        |     | $ |        13,067 |     | $ |       17,173 |
| Income tax receivable                   |     |   |         4,796 |     |   |        2,147 |
| Other                                   |     |   |           811 |     |   |          523 |
| Total prepaid expenses and other assets |     | $ |        18,674 |     | $ |       19,843 |

7. GOODWILL AND OTHER INTANGIBLE ASSETS, NET The carrying amount of goodwill at September 30, 2026, and December 31, 2025, was $ 15.4 million and $ 14.2 million. At September 30, 2026 and December 31, 2025 gross intangible assets were $ 25.4 million and $ 20.7 million, and accumulated amortization was $ 5.0 million and $ 3.5 million, respectively. The Company’s intangible assets consist of domain names and internal use software. Intangible asset amounts were determined based on the estimated economics of the asset and are amortized over the estimated useful lives on a straight-line basis over 15 years for domain names and 10 years for internal use software related to the

<div align='center'>7</div>

Company's Enterprise Resource Planning (ERP) and other platform tools, which approximates the pattern in which the economic benefits are expected to be received. The Company evaluates the recoverability of intangible assets periodically and considers events or circumstances that may warrant revised estimates of useful lives or that may indicate an impairment. Intangible asset amortization expense for the nine months ended September 30, 2026, and September 30, 2025, was $ 1.5 million and $ 0.4 million, respectively.

8. ACCRUED EXPENSES AND OTHER LIABILITIES

Accrued expenses and other liabilities consist of the following (in thousands):

|                                              |     |   | September 30, 
          2026 |     |   | December 31, 
         2025 |
|:---------------------------------------------|:----|:--|--------------:|:----|:--|-------------:|
| Sales and marketing                          |     |   |        59,847 |     |   |       26,866 |
| Compensation and benefits                    |     |   |        34,250 |     |   |       21,448 |
| Operating lease liabilities                  |     |   |        12,423 |     |   |       12,079 |
| Manufacturing costs                          |     |   |         4,409 |     |   |        2,262 |
| Capital projects                             |     |   |             — |     |   |        3,932 |
| Income taxes                                 |     |   |             — |     |   |        3,439 |
| Other                                        |     |   |         9,662 |     |   |        7,004 |
| Total accrued expenses and other liabilities |     | $ |       120,591 |     | $ |       77,030 |

9. DEBT Revolving Credit Facility Indebtedness prior to March 26, 2026. On October 10, 2024, the Company, entered into a Second Amendment to the Credit Agreement (Second Amendment) with certain lending parties thereto (Lenders) to amend that Credit Agreement dated as of May 18, 2022, as amended by that certain First Amendment dated as of December 22, 2022. The Second Amendment provides the Company with Revolving A Loans in the maximum principal amount of $ 400,000,000 (Revolving A Loans), Revolving B Loans in the maximum principal amount of $ 150,000,000 (Revolving B Loans), and Letters of Credit and Swing Line Loans (as defined in the Credit Agreement). The Second Amendment extends the maturity date of the Revolving B Loans from December 22, 2024 to December 22, 2026 . Base Rate Loans (as defined in the Credit Agreement) under the Revolving A Loan and the Swing Line Loans accrue interest at the Base Rate plus the Applicable Rate (as defined in the Credit Agreement) and Term SOFR Loans for the Revolving Loans accrue interest at the rate per annum equal to the sum of Term SOFR for such interest period plus the Applicable Rate (as defined in the Credit Agreement). The Base Rate for any day is a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate plus 0.50 % , (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America (BOA) as its prime rate, and (c) the Term SOFR plus 1.0 % subject to certain interest rate floors. Repayment of all then outstanding principal, interest, fees and costs is due at the end of the Term (as defined in the Credit Agreement). With respect to Revolving B Loans (as defined in the Credit Agreement), for any day, the rate per annum is a tiered pricing based upon the Consolidated Debt to Consolidated EBITDA Ratio. The applicable rate for Revolving B Loans that are Base Rate Loans range between 0.20 % and 1.15 %. and the applicable rate for Revolving B Loans that are Term SOFR/Term SOFR Daily Floating Rate range between 1.20 % and 2.15 %. Indebtedness on and after March 26, 2026. On March 26, 2026, the Company entered into a Credit Agreement with certain lending parties thereto (Lenders) to amend and restate the Credit Agreement dated as of May 18, 2022, as amended (the Prior Credit Agreement). The Credit Agreement provides the Company with one or more Revolving Loans in a collective maximum principal amount of $ 700,000,000 (Loan Limit) throughout the term, which ends March 26, 2031 . Included within the Loan Limit are sublimits for, Letters of Credit (as defined in the Credit Agreement) in an amount not to exceed $ 60,000,000 , and Swing Line Loans (as defined in the Credit Agreement) in an amount not to exceed $ 40,000,000 . Base Rate Loans (as defined in the Credit Agreement) under the Revolving Loans and the Swing Line Loans accrue interest at the Base Rate plus the Applicable Rate (as defined in the Credit Agreement) and Term SOFR Loans or Term SOFR Daily Floating Rate Loans for the Revolving Loans accrue interest at the rate per annum equal to the sum of Term SOFR Loans/Term SOFR Daily Floating Rate for such interest period plus the Applicable Rate (as defined in the Credit Agreement). The Base Rate for any day is a

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fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate plus 0.50 % , (b) the rate of interest in effect for such day as publicly announced from time to time by BOA as its prime rate, and (c) the Term SOFR plus 1.0 % subject to certain interest rate floors. Repayment of all then outstanding principal, interest, fees and costs is due on the last day of the Term (as defined in the Credit Agreement). As of September 30, 2026, the Company had $ 170.0 million in borrowings outstanding under its revolving credit facility. The total availability under the revolving credit facility was $ 526.9 million as of September 30, 2026, which reflects a reduction for outstanding letters of credit totaling $ 3.1 million. The weighted average interest rate on the revolving credit facility was 4.9 % as of September 30, 2026. Compliance with Debt Covenants and Restrictions Pursuant to the terms of the Credit Agreement, the Company is subject to certain loan compliance covenants. The Credit Agreement requires the Company to maintain (a) a Consolidated Interest Coverage Ratio of not less than 2.50 to 1.0 and (b) a Consolidated Debt to Consolidated EBITDA Ratio of not more than 3.75 to 1.0, each measured as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ended June 30, 2026. The maximum Consolidated Debt to Consolidated EBITDA Ratio is automatically increased to 4.25 to 1.0 for the Fiscal Quarter in which a qualifying Acquisition with cash consideration (including assumed or acquired Debt) of $ 75,000,000 or more occurs and each of the following four Fiscal Quarters (an "Adjustment Period"), subject to a limit of two Adjustment Periods during the term of the Credit Agreement. The Credit Agreement also contains an equity cure mechanism, under which the Company may make cash equity contributions (funded with proceeds of common equity) to be included in the calculation of Consolidated EBITDA solely for purposes of determining compliance with the financial covenants, subject to certain conditions and limitations, including that in each consecutive four Fiscal Quarter period there must be at least two Fiscal Quarters in which no such contribution is made. The C ompany was in compliance with all covenants as of September 30, 2026. Failure to comply with the financial covenants could be considered a default of repayment obligations and, among other remedies, could accelerate payment of any amounts outstanding.

10. LEASES

The Company leases manufacturing and training facilities, storage warehouses, office space, and certain plant equipment under various operating leases. The Company’s operating leases have remaining lease terms of up to11years. Lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option.

For the three months ended September 30, 2026 and September 30, 2025, total operating lease expense was $3.3million and $3.0million, respectively. For the nine months ended September 30, 2026 and September 30, 2025, total operating lease expense was $10.0million and $9.0million, respectively. The weighted average remaining lease term at September 30, 2026 and December 31, 2025 was6.2years and6.7years, respectively. The weighted average discount rate at September 30, 2026 and December 31, 2025 was4.79% and4.70%, respectively.

The following table includes supplemental cash flow information for the nine months ended September 30, 2026 and September 30, 2025, and supplemental balance sheet information at September 30, 2026 and December 31, 2025 related to operating leases (in thousands):

| Supplemental cash flow information                   |     |   | Nine Months Ended 
     September 30, 
              2026 |     |   |  2025 |
|:-----------------------------------------------------|:----|:--|------------------:|:----|:--|------:|
| Cash paid for amounts included in the measurement of 
 operating lease liabilities                          |     | $ |             9,834 |     | $ | 8,410 |
| Operating ROU assets obtained in exchange for lease  
 liabilities                                          |     | $ |             1,853 |     | $ | 1,419 |

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| Supplemental balance sheet information         |     |   | September 30, 
          2026 |     |   | December 31, 
         2025 |
|:-----------------------------------------------|:----|:--|--------------:|:----|:--|-------------:|
| Operating lease ROU assets                     |     | $ |        46,275 |     | $ |       52,632 |
| Operating lease liabilities:                   |     |   |               |     |   |              |
| Accrued expenses and other current liabilities |     | $ |        12,423 |     | $ |       12,079 |
| Operating lease liabilities                    |     |   |        35,262 |     |   |       41,755 |
| Total operating lease liabilities              |     | $ |        47,685 |     | $ |       53,834 |

The following table summarizes maturities of operating lease liabilities at September 30, 2026 (in thousands):

| Maturities of operating lease liabilities |     |   |        |   |
|:------------------------------------------|:----|:--|-------:|:--|
| 2026                                      |     | $ |  3,246 |   |
| 2027                                      |     |   | 12,576 |   |
| 2028                                      |     |   | 11,017 |   |
| 2029                                      |     |   |  5,567 |   |
| 2030                                      |     |   |  4,319 |   |
| Thereafter                                |     |   | 19,782 |   |
| Total lease payments                      |     |   | 56,507 |   |
| Less imputed interest                     |     |   | (8,822 | ) |
| Total operating lease liabilities         |     | $ | 47,685 |   |

11. FINANCIAL INSTRUMENTS The Company considers the recorded value of its financial assets and liabilities, consisting primarily of cash and cash equivalents, accounts receivable, accounts payable, accrued expenses, other current liabilities, and debt to approximate the fair value of the respective assets and liabilities on the Condensed Consolidated Balance Sheets at September 30, 2026 and December 31, 2025.

12. STOCKHOLDERS’ EQUITY

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share data):

| Numerator:                                  |     |   | Three Months Ended 
      September 30, 
               2026 |     |   |        2025 |     |   | Nine Months Ended 
     September 30, 
              2026 |     |   |        2025 |
|:--------------------------------------------|:----|:--|-------------------:|:----|:--|------------:|:----|:--|------------------:|:----|:--|------------:|
| Net income available to common shareholders |     | $ |             52,493 |     | $ |      51,770 |     | $ |           175,772 |     | $ |     188,113 |
| Denominator:                                |     |   |                    |     |   |             |     |   |                   |     |   |             |
| Basic weighted average shares outstanding   |     |   |        101,719,534 |     |   | 107,244,573 |     |   |       103,018,450 |     |   | 107,217,689 |
| Effect of dilutive securities:              |     |   |                    |     |   |             |     |   |                   |     |   |             |
| Stock appreciation rights and options       |     |   |             20,038 |     |   |      31,206 |     |   |            20,732 |     |   |      31,002 |
| Restricted stock                            |     |   |             87,789 |     |   |      56,862 |     |   |            63,620 |     |   |      55,852 |
| Diluted weighted average shares outstanding |     |   |        101,827,361 |     |   | 107,332,641 |     |   |       103,102,802 |     |   | 107,304,543 |
| Basic earnings per share                    |     | $ |               0.52 |     | $ |        0.48 |     | $ |              1.71 |     | $ |        1.75 |
| Diluted earnings per share                  |     | $ |               0.52 |     | $ |        0.48 |     | $ |              1.70 |     | $ |        1.75 |

Diluted earnings per share is computed using the weighted average number of shares determined for the basic earnings per share computation plus the dilutive effect of common stock equivalents using the treasury stock method.The computation of diluted earnings per share excludes the following potentially dilutive securities because the effect would be anti-dilutive:

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|                           |     | Three Months Ended 
      September 30, |     |         |     | Nine Months Ended 
     September 30, |     |         |
|                           |     |               2026 |     |    2025 |     |              2026 |     |    2025 |
| Stock appreciation rights |     |            160,044 |     | 145,249 |     |           160,044 |     | 141,199 |
| Restricted stock          |     |             47,361 |     |  31,053 |     |            90,259 |     |  72,016 |

Stock Repurchase Program

On May 4, 2023, the Board of Directors authorized the repurchase of up to10.8million shares of the Company's common stock under the 2023 Stock Repurchase Program, which has no expiration date. On April 28, 2026, the Board of Directors authorized an additional10million shares for repurchase under the 2023 Stock Repurchase Program, increasing the number of shares available for future repurchases under the program.

During the nine months ended September 30, 2026, the Company repurchased5.2million shares of common stock under the 2023 Stock Repurchase Program. Of these5.2million shares,2.6million shares were repurchased during the first two quarters of the year as part of a $100million accelerated share repurchase agreement that was entered into on February 26, 2026. As of September 30, 2026,12.2million shares remained available for repurchase under the 2023 Stock Repurchase Program.

13. REVENUE FROM CONTRACTS WITH CUSTOMERS The Company principally generates revenue from the manufacture and sale of its high-performance, low-maintenance, eco-friendly wood-alternative composite decking and railing products and accessories. Substantially all of its revenues are from contracts with customers, which are purchase orders of short-term duration of less than one year. Its customers, in turn, sell primarily to the residential market, which includes replacement, remodeling and new construction related to outdoor living products. The Company satisfies its performance obligations at a point in time. The shipment of each product is a separate performance obligation as the customer is able to derive benefit from each product shipped and no performance obligation remains after shipment. Upon shipment of the product, the customer obtains control over the distinct product and Trex satisfies its performance obligation. Any performance obligation that remains unsatisfied at the end of a reporting period is part of a contract that has an original expected duration of one year or less. Any variable consideration related to the unsatisfied performance obligation is allocated wholly to the unsatisfied performance obligation, is recognized when the product ships and the performance obligation is satisfied and is included in “Accrued expenses and other liabilities, Sales and marketing” in Note 8 to the Condensed Consolidated Financial Statements. For the three months ended September 30, 2026 and September 30, 2025, the Company’s net sales (in thousands) were $ 359,504 and $ 285,348 , respectively. For the nine months ended September 30, 2026 and September 30, 2025 , the Company's net sales (in thousands) were $ 1,120,926 and $ 1,013,142 , respectively. During these periods, revenues were recognized at a point in time upon transfer of its outdoor living products under variable consideration contracts into the building products market.

14. STOCK-BASED COMPENSATION

At the annual meeting of stockholders of the Company held on May 4, 2023, the Company’s stockholders approved the Trex Company, Inc. 2023 Stock Incentive Plan (Plan). The Company’s board of directors unanimously approved the Plan on April 10, 2023, subject to stockholder approval. The Plan, which is administered by the compensation committee of the board of directors, provides for the grant of stock options, restricted stock, restricted stock units, stock appreciation rights and unrestricted stock, which are referred to collectively as “awards.” Awards may be granted under the Plan to officers, directors (including non-employee directors) and other employees of the Company or any subsidiary thereof, to any adviser, consultant, or other provider of services to the Company (and any employee thereof), and to any other individuals who are approved by the board of directors as eligible to participate in the Plan. Only employees of the Company or any subsidiary thereof are eligible to receive incentive stock options. Subject to certain adjustments as provided in the Plan, the total number of shares of common stock available for future grants under the Plan is3,376,906shares.

The following table summarizes the Company’s stock-based compensation grants for the nine months ended September 30, 2026:

|                                              |     | Stock Awards 
      Granted |     |   |   Weighted- 
     Average 
 Grant Price 
   Per Share |
|:---------------------------------------------|:----|-------------:|:----|:--|------------:|
| Time-based restricted stock units            |     |      162,822 |     | $ |       41.93 |
| Performance-based restricted stock units (a) |     |      104,560 |     | $ |       44.34 |

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(a) Includes 84,878 of target performance-based restricted stock unit awards granted during the nine months ended September 30, 2026, and an adjustment of 19,682 restricted stock units due to the actual performance level achieved for restricted stock and restricted stock units awarded in 2023.

The Company recognizes stock-based compensation expense ratably over the period from the grant date to the earlier of: (1) the vesting date of the award, or (2) the date the grantee is eligible to retire without forfeiting the award. For performance-based restricted stock and performance-based restricted stock units, expense is recognized ratably over the performance and vesting period of each tranche based on management’s judgment of the ultimate award that is likely to be paid out based on the achievement of the predetermined performance measures. For the employee stock purchase plan, compensation expense is recognized related to the discount on purchases. Stock-based compensation expense is included in “Selling, general and administrative expenses” in the Condensed Consolidated Statements of Comprehensive Income.The following table summarizes the Company’s stock-based compensation expense (in thousands):

|                                                               |     |   | Three Months Ended 
      September 30, 
               2026 |     |   |  2025 |   |     |   | Nine Months Ended 
     September 30, 
              2026 |     |   |  2025 |
|:--------------------------------------------------------------|:----|:--|-------------------:|:----|:--|------:|:--|:----|:--|------------------:|:----|:--|------:|
| Stock appreciation rights                                     |     | $ |                213 |     | $ |   264 |   |     | $ |               698 |     | $ |   888 |
| Time-based restricted stock and restricted stock units        |     |   |              1,674 |     |   | 1,068 |   |     |   |             4,628 |     |   | 3,472 |
| Performance-based restricted stock and restricted stock units |     |   |                686 |     |   |  (166 | ) |     |   |             2,460 |     |   | 1,940 |
| Employee stock purchase plan                                  |     |   |                 49 |     |   |    47 |   |     |   |               310 |     |   |   160 |
| Total stock-based compensation                                |     | $ |              2,622 |     | $ | 1,213 |   |     | $ |             8,096 |     | $ | 6,460 |

Total unrecognized compensation cost related to unvested awards as of September 30, 2026 was $13.2million. The cost of these unvested awards is being recognized over the requisite vesting period of each award.

15. OTHER EXPENSES Other expenses consist of asset impairment charges and losses recognized on the disposal or retirement of property, plant, and equipment. These charges relate to assets that are no longer in service, are expected to be disposed of before the end of their useful lives, or have experienced a decline in recoverable value. 16. INCOME TAXES The Company’s effective tax rate for the nine months ended September 30, 2026 and September 30, 2025, was 26.5 % and 26.1 %, which resulted in income tax expense of $ 63.3 million and $ 66.3 million, respectively. The Company analyzes its deferred tax assets each reporting period, considering all available positive and negative evidence in determining the expected realization of those deferred tax assets. As of September 30, 2026, the Company maintains a valuation allowance of $ 2.2 million against deferred tax assets primarily related to state tax credits it estimates will expire before they are realized. The Company operates in multiple tax jurisdictions, and, in the normal course of business, its tax returns are subject to examination by various taxing authorities. Such examinations may result in future assessments by these taxing authorities, and the Company accrues a liability when it believes that it is more likely than not that benefits of tax positions will not be realized. The Company believes that adequate provisions have been made for all tax returns subject to examination. As of September 30, 2026, for certain tax jurisdictions tax years 2020 through 2025 remain subject to examination. Sales made to foreign distributors are not taxable in any foreign jurisdiction as the Company does not have a taxable presence in any foreign jurisdiction. 17. SEGMENT INFORMATION The Company operates in one reportable segment, with resource allocation and assessment of financial performance based on a consolidated basis. Trex manufactures composite decking and railing and related outdoor living products marketed under the brand name Trex ® . The products are sold to its distributors and two national retailers who, in turn, sell primarily to the residential market, which includes replacement, remodeling and new construction.

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The Company’s reportable segments are determined in accordance with its internal management structure, which is based on operations. The Company has identified its President and Chief Executive Officer as the Chief Operating Decision Maker (CODM). The Company’s CODM has final authority over resource allocation decisions and performance assessments and makes key operating decisions. The primary objective of the CODM is to optimize positive Company-wide performance and financial results. The CODM evaluates segment performance primarily based on net income and net sales. The CODM uses net income to assess performance and allocate resources as this measure provides insight into all aspects of the segment’s operations and overall success of the segment for a given period. The CODM also uses net sales to assess performance and allocate resources as this measure represents the amount of business the segment engaged in during a given period of time, is an indicator of market growth and acceptance of segment products, and represents the segment’s customers’ spending habits along with the amount of product the segment sells relative to its competitors. In addition, the CODM reviews significant segment expenses with a primary focus on cost of sales and total selling, general, and administrative expenses. These measures are provided in the accompanying Condensed Consolidated Statements of Comprehensive Income. Segment assets are reported on the Condensed Consolidated Balance Sheets.

18. SEASONALITY The operating results for Trex have historically varied from quarter to quarter. Seasonal, erratic or prolonged adverse weather conditions in certain geographic regions reduce the level of home improvement and construction activity and can shift sales of its products to a later period or decrease overall sales in affected locations. As part of its normal business practice, and consistent with industry practice, Trex has historically offered incentive programs to its distributors and dealers to build inventory levels before the start of the prime deck-building season in order to ensure adequate availability of its product to meet anticipated seasonal consumer demand. The seasonal effects are often offset by the positive effect of the incentive programs.

19. COMMITMENTS AND CONTINGENCIES Product Warranty The Company warrants that for the applicable warranty period its products, when properly installed, used and maintained, will be free from material defects in workmanship and materials and its decking, cladding, fascia and railing products will not split, splinter, rot or suffer structural damage from termites or fungal decay. Products sold on or after January 1, 2023: The warranty period for residential use is 50 years for Transcend ® decking, 35 years for Select ® decking and Universal Fascia, and 25 years for Enhance ® decking and Transcend, Select, Enhance and Signature ® railing. The warranty period for commercial use is 10 years, excluding Signature railing and Transcend cladding, which each have a warranty period of 25 years. The Company further warrants that Trex Transcend, Trex Enhance and Trex Select decking and cladding and Universal Fascia products will not fade in color from light and weathering exposure more than a certain amount and will be resistant to permanent staining from food and beverage substances or mold and mildew, provided the stain is cleaned within seven days of appearance, for the warranty period referred to above. If there is a breach of such warranties, the Company has an obligation either to replace the defective product or refund the purchase price. Products sold prior to January 1, 2023: The warranty period is 25 years for residential use and 10 years for commercial use. With respect to Trex Signature railing, the warranty period is 25 years for both residential and commercial use. The Company further warrants that Trex Transcend, Trex Enhance, Trex Select and Universal Fascia products will not fade in color more than a certain amount and will be resistant to permanent staining from food substances or mold, provided the stain is cleaned within seven days of appearance, for the warranty period referred to above. If there is a breach of such warranties, the Company has an obligation either to replace the defective product or refund the purchase price. The Company maintains a warranty reserve for the settlement of its product warranty claims. The Company accrues for the estimated cost of product warranty claims at the time revenue is recognized based on such factors as historical claims experience and future claims experience. To estimate our future claims experience, the Company utilizes actuarial techniques to determine a reasonable possible range of amounts to be paid related to defects covered by our product warranty. The actuarial techniques consider claims received, claims closed, and the corresponding amounts paid. Estimates for these elements are quantified using a range of assumptions derived from claim history and consideration of additional factors influencing claim counts or costs incurred to settle claims in order determine the best estimate of future claims for which to record a related liability. Management reviews and adjusts these estimates, if necessary, based on the differences between actual experience and historical estimates. The Company monitors claims activity each quarter for indications that its estimates require revision. The Company uses the best and most complete underlying information available and a rational methodology to determine its warranty obligations. The Company considers all available evidence to assess the reasonableness of all key assumptions underlying its estimated warranty obligations.

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The Company’s analysis is based on currently known facts and a number of assumptions, as discussed above, and current expectations. Projecting future events such as the number of claims to be received, the number of claims that will require payment and the costs associated with settling claims could cause the actual warranty liability to be higher or lower than projected, which could materially affect the Company’s financial condition, results of operations or cash flows.

The Trex product warranty reserve activity consisted of the following, and is included in Accrued warranty and Non-current accrued warranty in the Consolidated Balance Sheets (in thousands):

|                                     |     |   | Nine Months Ended September 30, 2026 |   |
|:------------------------------------|:----|:--|-------------------------------------:|:--|
|                                     |     |   |                     Product Warranty |   |
| Beginning balance, January 1        |     | $ |                               29,740 |   |
| Provisions and changes in estimates |     |   |                                8,380 |   |
| Settlements made during the period  |     |   |                               (6,133 | ) |
| Ending balance, September 30        |     | $ |                               31,987 |   |

|                                     |     |   | Nine Months Ended September 30, 2025 |   |
|:------------------------------------|:----|:--|-------------------------------------:|:--|
|                                     |     |   |                     Product Warranty |   |
| Beginning balance, January 1        |     | $ |                               22,835 |   |
| Provisions and changes in estimates |     |   |                                8,660 |   |
| Settlements made during the period  |     |   |                               (5,808 | ) |
| Ending balance, September 30        |     | $ |                               25,687 |   |

Legal Matters

The Company has lawsuits, as well as other claims, pending against it which are ordinary routine litigation and claims incidental to the business. Management has evaluated the merits of these lawsuits and claims and believes that their ultimate resolution will not have a material effect on the Company’s consolidated financial condition, results of operations, liquidity or competitive position.

Industrial Revenue Bonds

In October 2021, the Company announced plans to add a third manufacturing facility located in Little Rock, Arkansas (Little Rock). Construction on the new facility began in the second quarter of 2022. In connection with the construction of the new facility, during 2024 the Company and Little Rock entered into an agreement in which Little Rock agreed to issue up to $450million of its industrial revenue bonds (IRBs) for the purpose of constructing a manufacturing facility. Under the agreement, the Company transferred ownership of the facility to Little Rock and simultaneously leased the related asset from Little Rock. The Company is also the purchaser of the IRBs and, therefore, is the bondholder as well as the borrower/lessee of the Little Rock facility purchased with the IRB proceeds. As a result of the agreement, the Company was able to reduce the cost of certain state and local tax expenditures for twenty years. The Company has a purchase option included in the lease agreement for below the fair value of the asset, which prevents the transfer of the asset to Little Rock from being recognized as a sale. Furthermore, the Company has not derecognized the transferred asset and continues to recognize it in property, plant and equipment in the Condensed Consolidated Balance Sheets. The Company has the right and intends to set-off any obligations to make payments under the finance liability, with proceeds due from the IRBs. The liability and IRB asset are equal and are reported net in the Condensed Consolidated Balance Sheets. As of September 30, 2026, the gross asset and liability associated with the IRBs was $450million.

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## Item 2.   Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe following management discussion and analysis of financial condition and results of operations (MD&A) should be read in conjunction with the Trex Company, Inc. (Trex, Company, we or our) Annual Report on Form 10-K for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission (SEC) and the condensed consolidated financial statements and notes thereto included in Part I, Item 1. “Financial Statements” of this quarterly report.NOTE ON FORWARD-LOOKING STATEMENTSThis MD&A contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements regarding our expected financial position and operating results, our business strategy, our financing plans, forecasted demographic and economic trends relating to our industry and similar matters are forward-looking statements. These statements can sometimes be identified by our use of forward-looking words such as “may,” “will,” “anticipate,” “estimate,” “expect,” “intend” or similar expressions. We cannot promise you that our expectations in such forward-looking statements will turn out to be correct. Our actual results could be materially different from our expectations because of various factors, including the factors discussed under “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC. These statements are also subject to risks and uncertainties that could cause the Company’s actual operating results to differ materially. Such risks and uncertainties include, but are not limited to: the extent of market acceptance of the Company’s current and newly developed products; the costs associated with the development and launch of new products and the market acceptance of such new products; the sensitivity of the Company’s business to general economic conditions; the impact of seasonal and weather-related demand fluctuations on inventory levels in the distribution channel and sales of the Company’s products; the availability and cost of third-party transportation services for the Company’s products and raw materials; the Company’s ability to obtain raw materials, including scrap polyethylene, wood fiber, and other materials used in making our products, at acceptable prices; increasing inflation and tariffs in the macro-economic environment; the Company’s ability to maintain product quality and product performance at an acceptable cost; the Company’s ability to increase throughput and capacity to adequately match supply with demand; the level of expenses associated with warranty claims, product replacement and consumer relations expenses related to product quality; the highly competitive markets in which the Company operates; cyber-attacks, security breaches or other security vulnerabilities; the impact of current and upcoming data privacy laws and the EU General Data Protection Regulation and the related actual or potential costs and consequences; material adverse impacts fromglobal public health pandemics, geopolitical conflicts; and material adverse impacts related to labor shortages or increases in labor costs.OVERVIEWThe following MD&A is intended to help the reader understand the operations and current business environment of the Company. The MD&A is provided as a supplement to, and should be read in conjunction with, our Condensed Consolidated Financial Statements and the accompanying notes thereto contained in "Item 1. Condensed Consolidated Financial Statements" of this report. MD&A includes the following sections:•Operations and Products— a general description of our business, a brief overview of our reportable segment’s products, and a discussion of our operational highlights.•Highlights and Financial Performance Quarter-to-Date and Year-to-Date –a summary of financial performance and highlights for the three months and nine months ended September 30, 2026, a general discussion of factors that may affect our operations, and a description of relevant financial statement line items.•Results of Operations— an analysis of our consolidated results of operations for the three months and nine months ended September 30, 2026 compared to the three months and nine months ended September 30, 2025.•Liquidity and Capital Resources— an analysis of cash flows; contractual obligations, and a discussion of our capital and other cash requirements.OPERATIONS AND PRODUCTSTrexis the world’s largest manufacturer of high-performance composite decking and railing products and a leader in outdoor living products, which are marketed under the brand name Trex®and manufactured in the United States. With more than 30 years of product experience, we offer a comprehensive set of aesthetically appealing and durable, low-maintenance product offerings in the decking, railing, fencing and outdoor lighting categories. A majority of the products are eco-friendly and leverage recycled and reclaimed materials to the extent possible. Trex decking is made in a proprietary process that combines reclaimed wood fibers and recycled polyethylene film, making Trex one of the largest recyclers of plastic film in North America. In addition to resisting fading and surface staining, Trex products require no sanding and sealing, resist moisture damage, provide a splinter-free surface and do not require chemical treatment against rot or insect infestation. Combined, these aspects yield significant aesthetic advantages and lower maintenance than wood decking and railing and ultimately render Trex products less costly than wood over the life of the deck. Special characteristics (including resistance to splitting, the ability to bend, and ease and consistency of machining and finishing)
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facilitate installation, reduce contractor call-backs and afford consumers a wide range of design options. Trex products are sold to distributors and home centers for final resale primarily to the residential market. Trex offers the following products:

| Decking and Accessories | Our principal decking products are Trex Signature®, Trex Transcend® Lineage, Trex Transcend®,  Trex Refuge, Trex Select®, and Trex Enhance®. Our high performance, low maintenance decking products feature a protective shell for enhanced protection against fading, staining, mold, and scratching. Our eco-friendly composite decking products are comprised of a blend of 95 percent reclaimed wood fibers and recycled polyethylene film, and our PVC decking product features ignition resistance. Trex Signature decking offers realistic woodgrain aesthetics that raise the bar for beauty, performance, and sustainability and is available in two luxurious hues inspired by stunning natural settings. Trex Transcend Lineage is the next generation of design and performance in composite decking and is available in seven luxurious, on-trend hues inspired by some of the most picturesque locales in the United States. Our Trex Transcend decking provides elevated aesthetics paired with the highest level of performance and is available in six multi-tonal monochromatic classical earth tones and premium tropical colors. Trex Refuge decking features a refined wire brushed grain pattern and is offered in two hues. Trex Select decking offers the perfect pairing of price and minimal maintenance and is available in two nature-inspired earth tone colors and three subtly streaked on trend hues. Our Trex Enhance boards pair the beauty of authentic wood-grain appearance with the durability of composite with minimal maintenance and the affordability of wood and is available in six natural and four basic colors.We also offer accessories to our decking products. The Trex Hideaway® Fastener Collection, offers solutions for every Trex deck fastening and finishing need, featuring color-matched screws and plugs, specially engineered bits, depth setters, and clips, designed to make installation easier and more efficient while delivering a clean, cohesive aesthetic. The Trex® Lighting collection offers a line of energy-efficient CRI LED lighting. It can be installed into the railing, stair risers, or the deck itself. The line includes a post cap light, deck rail light, and riser lights. |
| Railing                 | Our railing products are Trex Signature® X-Series Railing, Trex Signature® aluminum railing, Trex Transcend Railing, Trex Select® Railing, Trex Select® T-Rail, and Trex Enhance Railing. Our high-performance cable rail, frameless glass rail, composite, and aluminum-deck railing kits and systems are sustainably manufactured, easy to install, and durable. Trex railing systems are built with the same durability as Trex decking and will not rot, warp, peel, or splinter and resist fading and corrosion. Trex Signature X-Series, made from approximately 30 percent recycled materials, is available in Charcoal Black with stainless steel or glass infill. Trex Signature aluminum railing, made from a minimum of 40 percent recycled content, is available in three colors and designed for consumers who want a sleek, contemporary look. Trex Transcend Railing, made from approximately 40 percent recycled content, is available in four colors that complement our Trex decking products. Trex Select® Railing, made from approximately 40 percent recycled content, is offered in a white finish and is ideal for consumers who desire a simple clean finished look for their deck. Trex Select® T-Rail, made from a minimum of 40 percent recycled materials, is available in square composite balusters in Classic White for a cohesive, coordinated look, or round aluminum balusters in Charcoal Black for a more modern contrast. Trex Enhance railing is available in four composite colors, and an Enhance Steel line was recently introduced in Charcoal Black, to expand the Trex addressable market.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Fencing                 | Our Trex® Fencing products are Seclusions, Horizons, Solitudes, and Rail Fence. These products consist of structural posts, bottom rails, pickets, top rails, brackets and decorative post caps. Trex®  Fencing is offered in four natural rich tones that stay vibrant throughout their lifetime.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Cladding                | Our cladding products are Trex Signature® and Trex Transcend® Lineage, and Trex Transcend®. Our high-performance, low-maintenance, eco-friendly composite cladding products are comprised of a blend of 95 percent reclaimed wood fibers and recycled polyethylene film and feature a protective polymer shell for enhanced protection against fading, staining, mold, and scratching. Trex Signature cladding offers realistic woodgrain aesthetics that raise the bar for beauty and performance and is available in hues inspired by stunning natural settings. Trex Transcend Lineage cladding is available in six luxurious on trend hues. Trex Transcend cladding is available in six multi-tonal monochromatic classical earth tones and premium tropical colors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

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We are a licensor in a number of licensing agreements with third parties to manufacture and sell products under the Trex trademark. Our licensed products are:

| Trex® Outdoor Furniture                                                                                | A line of outdoor furniture products manufactured and sold by PolyWood, Inc.                                                                                                                                                                                                                                                                                                                                        |
| Trex® RainEscape®, Trex® Protect®, Trex® RainEscape® Soffit Light, and Trex® Seal Ledger Flashing Tape | An above joist deck drainage system manufactured and sold by IBP, LLC. Trex Protect Joist, Beam and Rim tape is a self-adhesive butyl tape that protects wooden deck framing/substructure elements. Trex RainEscape Soffit Light is a plug-and-play LED Soffit light that is installed in the under-deck ceiling of a two-story deck. Trex Seal Ledger Flashing tape is butyl flashing tape with an aluminum liner. |
| Trex® Pergola                                                                                           | Pergolas made from low maintenance cellular PVC and all-aluminum product, manufactured by Home & Leisure, Inc. dba Structureworks Fabrication.                                                                                                                                                                                                                                                                      |
| Trex® Lattice                                                                                           | Outdoor lattice boards manufactured and sold by Structureworks Fabrication.                                                                                                                                                                                                                                                                                                                                         |
| Trex® Cornhole                                                                                          | Cornhole boards manufactured and sold by Johnson Enterprises, LLC under a Trademark License Agreement with Trex Company, Inc.                                                                                                                                                                                                                                                                                       |
| Trex® Blade                                                                                             | A specialty saw blade for wood-alternative composite decking manufactured and sold by Freud America, Inc.                                                                                                                                                                                                                                                                                                           |
| Trex® Spiral Stairs                                                                                     | A staircase alternative for use with all deck substructures manufactured and sold by SS Industries dba Paragon Stairs.                                                                                                                                                                                                                                                                                              |
| Trex® Outdoor Kitchens                                                                                 | Outdoor kitchen cabinetry manufactured and sold by Danver Outdoor Kitchens.                                                                                                                                                                                                                                                                                                                                         |

HIGHLIGHTS AND FINANCIAL PERFORMANCE Highlights: • Trex Company Upgrades Distribution Network. Specialty Building Products (SBP) will be Trex's sole national distributor of decking and railing products across North America. In addition, Trex expanded its regional relationships with WS Building Materials (formerly Snavely, Weekes, and Logan), Coastal Forest Products, and BlueLinx. • Trex selects Fencing Supply Group (FSG) as Exclusive National Distributor for Trex ® Fencing. Trex fencing is available nationwide at FSG, a premier wholesale distributor of fencing and outdoor living products and supplies in the United States. • Trex Expands Outdoor Living Portfolio with Premium Lighting and Finishing Solutions. Trex is expanding its portfolio with an upgraded collection of Trex ® Lighting, along with new Trex Select ® Aluminum Gates and marine grade stainless steel fastening solutions. • Trex Celebrates 30 Years of Innovation with Vision to own the Backyard. Trex believes the next era of growth will come from helping consumers think beyond a deck to an entire outdoor experience. Financial performance. The following table presents highlights of our financial performance for the quarter and year-to-date:

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| ($ 000s omitted, except per share data) |     |   | Three Months Ended 
      September 30, 
               2026 |     |   |      2025 |     |   | $ Change |   |     | % Change |    |
|:----------------------------------------|:----|:--|-------------------:|:----|:--|----------:|:----|:--|---------:|:--|:----|---------:|:---|
| Net sales                               |     | $ |            359,504 |     | $ |   285,348 |     | $ |   74,156 |   |     |     26.0 | %  |
| Gross profit                            |     | $ |            129,473 |     | $ |   115,438 |     | $ |   14,035 |   |     |     12.2 | %  |
| Net income                              |     | $ |             52,493 |     | $ |    51,770 |     | $ |      723 |   |     |      1.4 | %  |
| EBITDA*                                 |     | $ |             94,688 |     | $ |    86,409 |     | $ |    8,279 |   |     |      9.6 | %  |
| Diluted earnings per share              |     | $ |               0.52 |     | $ |      0.48 |     | $ |     0.04 |   |     |      8.3 | %  |
|                                         |     |   |  Nine Months Ended 
      September 30, |     |   |           |     |   |          |   |     |          |    |
|                                         |     |   |               2026 |     |   |      2025 |     |   | $ Change |   |     | % Change |    |
| ($ 000s omitted, except per share data) |     |   |                    |     |   |           |     |   |          |   |     |          |    |
| Net sales                               |     | $ |          1,120,926 |     | $ | 1,013,142 |     | $ |  107,784 |   |     |     10.6 | %  |
| Gross profit                            |     | $ |            426,839 |     | $ |   411,300 |     | $ |   15,539 |   |     |      3.8 | %  |
| Net income                              |     | $ |            175,772 |     | $ |   188,113 |     | $ |  (12,341 | ) |     |     (6.6 | )% |
| EBITDA*                                 |     | $ |            302,121 |     | $ |   300,527 |     | $ |    1,594 |   |     |      0.5 | %  |
| Diluted earnings per share              |     | $ |               1.70 |     | $ |      1.75 |     | $ |    (0.05 | ) |     |     (2.9 | )% |

*A reconciliation of Net Income (GAAP) to EBITDA (non-GAAP) is presented on pages 20 and 22 of this Quarterly Report on Form 10-Q under “Net Income and Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA).” Capital expenditures . During the nine months ended September 30, 2026, our capital expenditures were $75.3 million primarily related to $33.8 million for the Arkansas manufacturing facility, $8.3 million in safety, environmental and general support, $6.0 million in purchased intangibles related to digital transformation, and $24.8 million in all other including cost reduction initiatives and capacity expansion in our existing facilities. RESULTS OF OPERATIONS General. Our results of operations are affected by a number of factors, including, but not limited to, the cost to manufacture and distribute products, cost of raw materials, inflation, interest rates, tariffs, consumer spending and preferences, the impact of any supply chain disruptions, economic conditions, and any adverse effects from global health pandemics and geopolitical conflicts. Net Sales . Net sales consist of sales, net of discounts. The level of net sales is principally affected by sales volume and the prices paid for Trex products. Trex operating results have historically varied from quarter to quarter. Seasonal, erratic or prolonged adverse weather conditions in certain geographic regions reduce the level of home and commercial improvement and residential and commercial construction and can shift sales of our products to a later period or decrease overall sales in affected locations. As part of our normal business practice and consistent with industry practice, we have historically provided our distributors and dealers of our Trex products incentives to build inventory levels before the start of the prime deck-building season to ensure adequate availability of our product to meet anticipated seasonal consumer demand and to enable production planning. These incentives include payment discounts, favorable payment terms, price discounts, or volume rebates on specified products and other incentives based on increases in purchases as part of specific promotional programs. The timing of our incentive programs can significantly impact sales, receivables and inventory levels during the offering period. Gross Profit. Gross profit represents the difference between net sales and cost of sales. Cost of sales consists of raw material costs, direct labor costs, manufacturing costs, subcontract costs and freight. Raw material costs generally include the costs to purchase and transport reclaimed wood fiber, reclaimed polyethylene, pigmentation for coloring our products, and commodities used in the production of railing and staging. Direct labor costs include wages and benefits of personnel engaged in the manufacturing process. Manufacturing costs consist of costs of depreciation, utilities, maintenance supplies and repairs, indirect labor, including wages and benefits, and warehouse and equipment rental activities. Less than 5% of our cost of sales is projected to be impacted by tariffs. The majority of tariffs are related to purchases of aluminum and steel used in our railing and fastening products. We have and will further mitigate some of the impact on our cost of sales through higher levels of existing pre-tariff inventory and supplier negotiations. Selling, General and Administrative Expenses. The largest component of selling, general and administrative expenses is personnel related costs, which includes salaries, commissions, incentive compensation, and benefits of personnel engaged in sales and marketing, accounting, information technology, corporate operations, research and development, and other business functions.

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Another component of selling, general and administrative expenses is branding and other sales and marketing costs, which are used to build brand awareness. These costs consist primarily of advertising, merchandising, and other promotional costs. Other general and administrative expenses include professional fees, office occupancy costs attributable to the business functions previously referenced, and consumer relations expenses. As a percentage of net sales, selling, general and administrative expenses may vary from quarter to quarter due, in part, to the seasonality of our business. Below is the discussion and analysis of our operating results and material changes in our operating results for the three months ended September 30, 2026 (2026 quarter) compared to the three months ended September 30, 2025 (2025 quarter), and for the nine months ended September 30, 2026 (2026 nine-month period) compared to the nine months ended September 30, 2025 (2025 nine-month period). Three Months Ended September 30, 2026 Compared To The Three Months Ended September 30, 2025 Net Sales

|           |     |   | Three Months Ended September 30, 
                             2026 
           (dollars in thousands) |     |   |    2025 |     |   | $ Change |     | % Change |   |
|:----------|:----|:--|---------------------------------:|:----|:--|--------:|:----|:--|---------:|:----|---------:|:--|
| Net sales |     | $ |                          359,504 |     | $ | 285,348 |     | $ |   74,156 |     |     26.0 | % |

Net sales increased by $74.2 million, or 26.0%, in the 2026 quarter compared to the 2025 quarter. The increase was substantially all due to an increase in volume, partially offset by the mix of products sold. Gross Profit

|                      |     |   | Three Months Ended September 30, 
                             2026 
           (dollars in thousands) |   |     |   |    2025 |   |     |   | $ Change |     | % Change |   |
|:---------------------|:----|:--|---------------------------------:|:--|:----|:--|--------:|:--|:----|:--|---------:|:----|---------:|:--|
| Cost of sales        |     | $ |                          230,031 |   |     | $ | 169,910 |   |     | $ |   60,121 |     |     35.4 | % |
| % of total net sales |     |   |                             64.0 | % |     |   |    59.5 | % |     |   |          |     |          |   |
| Gross profit         |     | $ |                          129,473 |   |     | $ | 115,438 |   |     | $ |   14,035 |     |     12.2 | % |
| Gross margin         |     |   |                             36.0 | % |     |   |    40.5 | % |     |   |          |     |          |   |

Gross profit as a percentage of net sales, gross margin, was 36.0% in the 2026 quarter compared to 40.5% in the 2025 quarter. The decrease was primarily the result of increased depreciation, higher transportation costs associated with increased diesel prices, and increased labor as production began at our Arkansas facility. Selling, General and Administrative Expenses

|                                              |     |   | Three Months Ended September 30, 
                             2026 
           (dollars in thousands) |   |     |   |   2025 |   |     |   | $ Change |     | % Change |   |
|:---------------------------------------------|:----|:--|---------------------------------:|:--|:----|:--|-------:|:--|:----|:--|---------:|:----|---------:|:--|
| Selling, general and administrative expenses |     | $ |                           56,455 |   |     | $ | 45,041 |   |     | $ |   11,414 |     |     25.3 | % |
| % of total net sales                         |     |   |                             15.7 | % |     |   |   15.8 | % |     |   |          |     |          |   |

Selling, general and administrative expenses increased $11.4 million to $56.5 million, or 15.7% of net sales, in the 2026 quarter. The increase primarily related to increases of $8.0 million in personnel related expenses and $3.4 million in branding. Other Expenses

|                      |     |   | Three Months Ended September 30, 
                             2026 
           (dollars in thousands) |   |     |   | 2025 |     |   | $ Change |     | % Change |   |
|:---------------------|:----|:--|---------------------------------:|:--|:----|:--|:-----|:----|:--|---------:|:----|---------:|:--|
| Other expenses       |     | $ |                              496 |   |     | $ | —    |     | $ |      496 |     |    100.0 | % |
| % of total net sales |     |   |                              0.1 | % |     |   | —    |     |   |          |     |          |   |

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Provision for Income Taxes

|                            |     |   | Three Months Ended September 30, 
                             2026 
           (dollars in thousands) |   |     |   |   2025 |   |     |   | $ Change |     | % Change |   |
|:---------------------------|:----|:--|---------------------------------:|:--|:----|:--|-------:|:--|:----|:--|---------:|:----|---------:|:--|
| Provision for income taxes |     | $ |                           19,186 |   |     | $ | 18,627 |   |     | $ |      559 |     |      3.0 | % |
| Effective tax rate         |     |   |                             26.8 | % |     |   |   26.5 | % |     |   |          |     |          |   |

The effective tax rate for the 2026 quarter was 26.8% compared to 26.5% for the 2025 quarter. Net Income and Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) 1 (dollars in thousands) Reconciliation of net income (GAAP) to EBITDA (non-GAAP):

|                               |     |   | Three Months Ended September 30, 2026 |     |   | Three Months Ended September 30, 2025 |
|:------------------------------|:----|:--|--------------------------------------:|:----|:--|--------------------------------------:|
| Net income                    |     | $ |                                52,493 |     | $ |                                51,770 |
| Interest expense, net         |     |   |                                   843 |     |   |                                     — |
| Income tax expense            |     |   |                                19,186 |     |   |                                18,627 |
| Depreciation and amortization |     |   |                                22,166 |     |   |                                16,012 |
| EBITDA                        |     | $ |                                94,688 |     | $ |                                86,409 |

|        |     |   | Three Months Ended September 30, 
                             2026 
           (dollars in thousands) |     |   |   2025 |     |   | $ Change |     | % Change |   |
|:-------|:----|:--|---------------------------------:|:----|:--|-------:|:----|:--|---------:|:----|---------:|:--|
| EBITDA |     | $ |                           94,688 |     | $ | 86,409 |     | $ |    8,279 |     |      9.6 | % |

EBITDA increased 9.6% to $94.7 million for the 2026 quarter compared to $86.4 million for the 2025 quarter. The increase in EBITDA was primarily due to the increase in net sales. Nine Months Ended September 30, 2026 Compared To The Nine Months Ended September 30, 2025 Net Sales

|           |     |   | Nine Months Ended September 30, 
                            2026 
          (dollars in thousands) |     |   |      2025 |     |   | $ Change |     | % Change |   |
|:----------|:----|:--|--------------------------------:|:----|:--|----------:|:----|:--|---------:|:----|---------:|:--|
| Net sales |     | $ |                       1,120,926 |     | $ | 1,013,142 |     | $ |  107,784 |     |     10.6 | % |

Total net sales increased by $107.8 million, or 10.6%, in the 2026 nine-month period compared to the 2025 nine-month period. The increase was primarily due to an increase in volume and net price. __________________________ 1 EBITDA represents net income before interest, income taxes, depreciation and amortization. EBITDA is not a measurement of financial performance under accounting principles generally accepted in the United States (GAAP). We have included data with respect to EBITDA because management believes it facilitates performance comparison between the Company and its competitors. Management considers EBITDA to be an important supplemental indicator of our core operating performance because it eliminates interest, income taxes, and depreciation and amortization charges to net income or loss. In relation to competitors, EBITDA eliminates differences among companies in capitalization and tax structures, capital investment cycles and ages of related assets. For these reasons, management believes that EBITDA provides important information regarding the operating performance of the Company. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the Company’s reported results prepared in accordance with GAAP and are not meant to be considered superior to or a substitute for our GAAP results.

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Gross Profit

|                      |     |   | Nine Months Ended September 30, 
                            2026 
          (dollars in thousands) |   |     |   |    2025 |   |     |   | $ Change |     | % Change |   |
|:---------------------|:----|:--|--------------------------------:|:--|:----|:--|--------:|:--|:----|:--|---------:|:----|---------:|:--|
| Cost of sales        |     | $ |                         694,087 |   |     | $ | 601,842 |   |     | $ |   92,245 |     |     15.3 | % |
| % of total net sales |     |   |                            61.9 | % |     |   |    59.4 | % |     |   |          |     |          |   |
| Gross profit         |     | $ |                         426,839 |   |     | $ | 411,300 |   |     | $ |   15,539 |     |      3.8 | % |
| Gross margin         |     |   |                            38.1 | % |     |   |    40.6 | % |     |   |          |     |          |   |

Gross profit as a percentage of net sales, gross margin, was 38.1% in the 2026 nine-month period compared to 40.6% in the 2025 nine-month period. The decrease in gross margin was primarily the result of increased depreciation, higher transportation costs associated with increased diesel prices, unfavorable mix, and increased labor as production began at our Arkansas facility. Other Expenses

|                      |     |   | Nine Months Ended September 30, 
                            2026 
          (dollars in thousands) |   |     |   | 2025 |     |   | $ Change |     | % Change |   |
|:---------------------|:----|:--|--------------------------------:|:--|:----|:--|:-----|:----|:--|---------:|:----|---------:|:--|
| Other expenses       |     | $ |                           5,169 |   |     | $ | —    |     | $ |    5,169 |     |    100.0 | % |
| % of total net sales |     |   |                             0.5 | % |     |   | —    |     |   |          |     |          |   |

Other expenses increased $5.2 million in the 2026 nine-month period. The increase was primarily due to the write down of assets at our Virginia manufacturing facilities to reduce the carrying value of the assets to their estimated fair value. Selling, General and Administrative Expenses

|                                              |     |   | Nine Months Ended September 30, 
                            2026 
          (dollars in thousands) |   |     |   |    2025 |   |     |   | $ Change |     | % Change |   |
|:---------------------------------------------|:----|:--|--------------------------------:|:--|:----|:--|--------:|:--|:----|:--|---------:|:----|---------:|:--|
| Selling, general and administrative expenses |     | $ |                         179,452 |   |     | $ | 156,841 |   |     | $ |   22,611 |     |     14.4 | % |
| % of total net sales                         |     |   |                            16.0 | % |     |   |    15.5 | % |     |   |          |     |          |   |

Selling, general and administrative expenses increased $22.6 million to $179.5 million, or 16.0% of net sales, in the 2026 nine-month period. The increase primarily related to increases of $9.1 million in personnel related expenses, $8.4 million in branding, $3.2 million in digital transformation, and $0.9 million in Arkansas start-up costs. Provision for Income Taxes

|                            |     |   | Nine Months Ended September 30, 
                            2026 
          (dollars in thousands) |   |     |   |   2025 |   |     |   | $ Change |   |     | % Change |    |
|:---------------------------|:----|:--|--------------------------------:|:--|:----|:--|-------:|:--|:----|:--|:---------|:--|:----|:---------|:---|
| Provision for income taxes |     | $ |                          63,276 |   |     | $ | 66,346 |   |     | $ | (3,070   | ) |     | (4.6     | )% |
| Effective tax rate         |     |   |                            26.5 | % |     |   |   26.1 | % |     |   |          |   |     |          |    |

The effective tax rate for the 2026 nine-month period was 26.5% compared to 26.1% for the 2025 nine month period.

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Net Income and Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) 2 (dollars in thousands) Reconciliation of net income (GAAP) to EBITDA and EBITDA margin (non-GAAP):

|                               |     |   |  Nine Months Ended 
 September 30, 2026 |     |   | Nine Months Ended September 30, 2025 |
|:------------------------------|:----|:--|-------------------:|:----|:--|-------------------------------------:|
| Net income                    |     | $ |            175,772 |     | $ |                              188,113 |
| Interest expense, net         |     |   |              3,170 |     |   |                                    — |
| Income tax expense            |     |   |             63,276 |     |   |                               66,346 |
| Depreciation and amortization |     |   |             59,903 |     |   |                               46,068 |
| EBITDA                        |     | $ |            302,121 |     | $ |                              300,527 |

|        |     |   | Nine Months Ended September 30, 
                            2026 
          (dollars in thousands) |     |   |    2025 |     |   | $ Change |     | % Change |   |
|:-------|:----|:--|--------------------------------:|:----|:--|--------:|:----|:--|---------:|:----|---------:|:--|
| EBITDA |     | $ |                         302,121 |     | $ | 300,527 |     | $ |    1,594 |     |      0.5 | % |

Total EBITDA increased 0.5% to $302.1 million for the 2026 nine-month period compared to $300.5 million for the 2025 nine-month period. LIQUIDITY AND CAPITAL RESOURCES We finance operations and growth primarily with cash flows from operations, borrowings under our revolving credit facilities, and normal trade credit terms from operating activities. At September 30, 2026, we had $3.3 million of cash and cash equivalents. S ources and Uses of Cash. The following table summarizes our cash flows from operating, investing and financing activities (in thousands):

|                                                      |     |   | Nine Months Ended September 30, 
                            2026 |   |     |   |     2025 |   |
|:-----------------------------------------------------|:----|:--|--------------------------------:|:--|:----|:--|---------:|:--|
| Net cash provided by operating activities            |     | $ |                         248,363 |   |     | $ |  292,627 |   |
| Net cash used in investing activities                |     |   |                         (75,233 | ) |     |   | (188,136 | ) |
| Net cash used in financing activities                |     |   |                        (173,666 | ) |     |   |  (94,426 | ) |
| Net (decrease) increase in cash and cash equivalents |     | $ |                            (536 | ) |     | $ |   10,065 |   |

Operating Activities Cash provided by operations was $248.4 million during the 2026 nine-month period compared to cash provided by operations of $292.6 million during the 2025 nine-month period. The $44.3 million decrease in cash provided by operating activities was primarily related to increased account receivable due to higher net sales, partially offset by increases in accounts payable, accrued expenses, and deferred taxes. ____________________ 2 EBITDA represents net income before interest, income taxes, depreciation and amortization. EBITDA is not a measurement of financial performance under accounting principles generally accepted in the United States (GAAP). We have included data with respect to EBITDA because management believes it facilitates performance comparison between the Company and its competitors. Management considers EBITDA to be an important supplemental indicator of our core operating performance because it eliminates interest, income taxes, and depreciation and amortization charges to net income or loss. In relation to competitors, EBITDA eliminates differences among companies in capitalization and tax structures, capital investment cycles and ages of related assets. For these reasons, management believes that EBITDA provides important information regarding the operating performance of the Company. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the Company’s reported results prepared in accordance with GAAP and are not meant to be considered superior to or a substitute for our GAAP results.

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Investing Activities

Capital expenditures. During the nine months ended September 30, 2026, our capital expenditures were $75.3 million primarily related to $33.8 million for the Arkansas manufacturing facility, $8.3 million in safety, environmental and general support, $6.0 million in purchased intangibles related to digital transformation, and $24.8 million in all other including cost reduction initiatives and capacity expansion in our existing facilities.

Financing Activities

Net cash used in financing activities in the 2026 nine-month period consisted primarily of repurchases of common stock, partially offset by net borrowings on our line of credit.

Stock Repurchase Program.On May 4, 2023, the Board of Directors authorized the repurchase of up to 10.8 million shares of the Company's common stock under the 2023 Stock Repurchase Program, which has no expiration date. On April 28, 2026, the Board of Directors authorized an additional 10 million shares for repurchase under the 2023 Stock Repurchase Program, increasing the number of shares available for future repurchases under the program.

During the nine months ended September 30, 2026, the Company repurchased 5.2 million shares of common stock under the 2023 Stock Repurchase Program. As of September 30, 2026, 12.2 million shares remained available for repurchase under the 2023 Stock Repurchase Program.

Revolving Credit Facility

Indebtedness prior to March 26, 2026.On October 10, 2024, Trex entered into a Second Amendment to the Credit Agreement (Second Amendment) with certain lending parties thereto (Lenders) to amend that Credit Agreement dated as of May 18, 2022, as amended by that certain First Amendment dated as of December 22, 2022.

The Second Amendment provides us with Revolving A Loans in the maximum principal amount of $400,000,000 (Revolving A Loans), Revolving B Loans in the maximum principal amount of $150,000,000 (Revolving B Loans), and Letters of Credit and Swing Line Loans (as defined in the Credit Agreement). The Second Amendment extends the maturity date of the Revolving B Loans from December 22, 2024 to December 22, 2026.

Base Rate Loans (as defined in the Credit Agreement) under the Revolving A Loan and the Swing Line Loans accrue interest at the Base Rate plus the Applicable Rate (as defined in the Credit Agreement) and Term SOFR Loans for the Revolving Loans accrue interest at the rate per annum equal to the sum of Term SOFR for such interest period plus the Applicable Rate (as defined in the Credit Agreement). The Base Rate for any day is a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate plus 0.50%, (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America (BOA) as its prime rate, and (c) the Term SOFR plus 1.0% subject to certain interest rate floors. Repayment of all then outstanding principal, interest, fees and costs is due at the end of the Term (as defined in the Credit Agreement).

With respect to Revolving B Loans (as defined in the Credit Agreement), for any day, the rate per annum is a tiered pricing based upon the Consolidated Debt to Consolidated EBITDA Ratio. The applicable rate for Revolving B Loans that are Base Rate Loans range between 0.20% and 1.15%. and the applicable rate for Revolving B Loans that are Term SOFR/Term SOFR Daily Floating Rate range between 1.20% and 2.15%.

Indebtedness on and after March 26, 2026.On March 26, 2026 Trex entered into a Credit Agreement with certain lending parties thereto (Lenders) to amend and restate the Credit Agreement dated as of May 18, 2022, as amended (the Prior Credit Agreement).

The Credit Agreement provides us with one or more Revolving Loans in a collective maximum principal amount of $700,000,000 (Loan Limit) throughout the term, which ends March 26, 2031. Included within the Loan Limit are sublimits for, Letters of Credit (as defined in the Credit Agreement) in an amount not to exceed $60,000,000 and Swing Line Loans (as defined in the Credit Agreement) in an amount not to exceed $40,000,000.

Base Rate Loans (as defined in the Credit Agreement) under the Revolving Loans and the Swing Line Loans accrue interest at the Base Rate plus the Applicable Rate (as defined in the Credit Agreement) and Term SOFR Loans or Term SOFR Daily Floating Rate Loans for the Revolving Loans accrue interest at the rate per annum equal to the sum of Term SOFR Loans/Term SOFR Daily Floating Rate for such interest period plus the Applicable Rate (as defined in the Credit Agreement). The Base Rate for any day is a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate plus 0.50%, (b) the rate of interest in effect for such day as publicly announced from time to time by BOA as its prime rate, and (c) the Term SOFR plus 1.0% subject to certain interest rate

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floors. Repayment of all then outstanding principal, interest, fees and costs is due on the last day of the Term (as defined in the Credit Agreement).

Compliance with Debt Covenants and Restrictions.Pursuant to the terms of the Credit Agreement, the Company is subject to certain loan compliance covenants. The Credit Agreement requires the Company to maintain (a) a Consolidated Interest Coverage Ratio of not less than 2.50 to 1.0 and (b) a Consolidated Debt to Consolidated EBITDA Ratio of not more than 3.75 to 1.0, each measured as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ended June 30, 2026. The maximum Consolidated Debt to Consolidated EBITDA Ratio is automatically increased to 4.25 to 1.0 for the Fiscal Quarter in which a qualifying Acquisition with cash consideration (including assumed or acquired Debt) of $75,000,000 or more occurs and each of the following four Fiscal Quarters (an "Adjustment Period"), subject to a limit of two Adjustment Periods during the term of the Credit Agreement.

The Credit Agreement also contains an equity cure mechanism, under which the Company may make cash equity contributions (funded with proceeds of common equity) to be included in the calculation of Consolidated EBITDA solely for purposes of determining compliance with the financial covenants, subject to certain conditions and limitations, including that in each consecutive four Fiscal Quarter period there must be at least two Fiscal Quarters in which no such contribution is made.

At September 30, 2026, we had $170.0 million in outstanding borrowings under the revolving credit facility. The total availability under the revolving credit facility was $526.9 million as of September 30, 2026, which reflects a reduction for outstanding letters of credit totaling $3.1 million.

We believe that cash on hand, cash from operations and borrowings expected to be available under our revolving credit facilities will provide sufficient funds to fund planned capital expenditures, make scheduled principal and interest payments, fund warranty payments, and meet other cash requirements. We currently expect to fund future capital expenditures from operations and financing activities. The actual amount and timing of future capital requirements may differ materially from our estimate depending on the demand for Trex products and new market developments and opportunities.

Capital Requirements.Our capital expenditure guidance for 2026 is approximately $100 million. Our capital allocation priorities for 2026 include expenditures for internal growth opportunities, manufacturing cost reductions, upgrading equipment and support systems, and acquisitions which fit our long-term growth strategy as we continue to evaluate opportunities that would be a good strategic fit for Trex, and return of capital to shareholders.

Inventory in Distribution Channels.We sell our decking and railing products through a tiered distribution system. We have over 100 distributor locations worldwide and two national retail merchandisers to which we sell our products. The distributors in turn sell the products to dealers and retail locations who in turn sell the products to end users. Significant increases in inventory levels in the distribution channel without a corresponding change in end-use demand could have an adverse effect on future sales.

Product Warranty.We warrant that for the applicable warranty period our products, when properly installed, used and maintained, will be free from material defects in workmanship and materials and our decking, cladding, fascia and railing products will not split, splinter, rot or suffer structural damage from termites or fungal decay.

Products sold on or after January 1, 2023: The warranty period for residential use is 50 years for Transcend®decking, 35 years for Select®decking and Universal Fascia, and 25 years for Enhance®decking and Transcend, Select, Enhance and Signature®railing. The warranty period for commercial use is 10 years, excluding Signature railing and Transcend cladding, which each have a warranty period of 25 years. We further warrant that Trex Transcend, Trex Enhance and Trex Select decking and cladding and Universal Fascia products will not fade in color from light and weathering exposure more than a certain amount and will be resistant to permanent staining from food and beverage substances or mold and mildew, provided the stain is cleaned within seven days of appearance, for the warranty period referred to above. If there is a breach of such warranties, we have an obligation either to replace the defective product or refund the purchase price.

Products sold prior to January 1, 2023: The warranty period is 25 years for residential use and 10 years for commercial use. With respect to Trex Signature railing, the warranty period is 25 years for both residential and commercial use. We further warrant that Trex Transcend, Trex Enhance, Trex Select and Universal Fascia products will not fade in color more than a certain amount and will be resistant to permanent staining from food substances or mold, provided the stain is cleaned within seven days of appearance, for the warranty period referred to above. If there is a breach of such warranties, we have an obligation either to replace the defective product or refund the purchase price.

We maintain a warranty reserve for the settlement of our product warranty claims. We accrue for the estimated cost of product warranty claims at the time revenue is recognized based on such factors as historical claims experience and future claims experience. To estimate our future claims experience, we utilize actuarial techniques to determine a reasonable possible range of amounts to be paid related to defects covered by our product warranty. The actuarial techniques consider claims received, claims closed, and the

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corresponding amounts paid. Estimates for these elements are quantified using a range of assumptions derived from claim history and consideration of additional factors influencing claim counts or costs incurred to settle claims in order to determine the best estimate of future claims for which to record a related liability. We review and adjust these estimates, if necessary, based on the differences between actual experience and historical estimates.

We monitor claims activity each quarter for indications that our estimates require revision. We use the best and most complete underlying information available and a rational methodology to determine our warranty obligations. We consider all available evidence to assess the reasonableness of all key assumptions underlying our estimated warranty obligations.

Our analysis is based on currently known facts and a number of assumptions, as discussed above, and current expectations. Projecting future events such as the number of claims to be received, the number of claims that will require payment and the costs associated with settling claims could cause the actual warranty liability to be higher or lower than projected, which could materially affect our financial condition, results of operations or cash flows.

Seasonality.The operating results for Trex have historically varied from quarter to quarter. Seasonal, erratic or prolonged adverse weather conditions in certain geographic regions may reduce the level of home improvement and construction activity and can shift demand for its products to a later period. As part of its normal business practice and consistent with industry practice, Trex has historically offered incentive programs to its distributors and dealers to build inventory levels before the start of the prime deck-building season in order to ensure adequate availability of its product to meet anticipated seasonal consumer demand. The seasonal effects are often offset by the positive effect of the incentive programs.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

For information regarding our exposure to certain market risks, see “Quantitative and Qualitative Disclosures about Market Risk,” in Part II, Item 7A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. There were no material changes to the Company’s market risk exposure during the nine months ended September 30, 2026.

Item 4. Controls and Procedures

The Company’s management, with the participation of its President and Chief Executive Officer, who is the Company’s principal executive officer, and its Senior Vice President and Chief Financial Officer, who is the Company's principal financial officer, have evaluated the effectiveness of the Company’s disclosure controls and procedures as of September 30, 2026. Based on this evaluation, the President and Chief Executive Officer and Senior Vice President and Chief Financial Officer have concluded that the Company’s disclosure controls and procedures are effective. There have been no changes in the Company’s internal control over financial reporting during the three-month period ended September 30, 2026, that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

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PAR T II OTHER INFORMATION Item 1. L egal Proceedings The Company has lawsuits, as well as other claims, pending against it which are ordinary routine litigation and claims incidental to the business. Management has evaluated the merits of these lawsuits and claims and believes that their ultimate resolution will not have a material effect on the Company’s consolidated financial condition, results of operations, liquidity or competitive position. Item 2. Unregistered Sales of Equity Securities and Use of Proceeds (c) The following table provides information relating to the purchases of our common stock during the three months ended September 30, 2026 in accordance with Item 703 of Regulation S-K:

| Period                                    |     |          -a) 
 Total Number 
    of Shares 
   (or Units) 
 Purchased (1 |     |            -b) 
  Average Price 
 Paid per Share 
   (or Unit) ($ |     |          -c) 
 Total Number 
    of Shares 
   (or Units) 
 Purchased as 
      Part of 
     Publicly 
    Announced 
     Plans or 
  Programs (2 |     |            (d) 
        Maximum 
         Number 
      of Shares 
     (or Units) 
   that May Yet 
   Be Purchased 
 Under the Plan 
     or Program |
| July 1, 2026 –July 31, 2026               |     |            — |     |              — |     |            — |     |     13,470,185 |
| August 1, 2026 –August 31, 2026           |     |            — |     |              — |     |            — |     |     13,470,185 |
| September 1, 2026 – September 30, 2026    |     |    1,242,659 |     |          44.35 |     |    1,242,659 |     |     12,227,526 |
| Quarterly period ended September 30, 2026 |     |    1,242,659 |     |                |     |    1,242,659 |     |                |

(1) During the three months ended September 30, 2026, no shares were withheld by, or delivered to, the Company pursuant to provisions in agreements with recipients of restricted stock granted under the Company’s 2014 and 2023 Stock Incentive Plan allowing the Company to withhold, or the recipient to deliver to the Company, the number of shares having the fair value equal to tax withholding due. (2) On May 4, 2023, the Board of Directors authorized the repurchase of up to 10.8 million shares of the Company's common stock under the 2023 Stock Repurchase Program, which has no expiration date. On April 28, 2026, the Board of Directors authorized an additional 10 million shares for repurchase under the 2023 Stock Repurchase Program, increasing the number of shares available for future repurchases under the program. During the nine months ended September 30, 2026, the Company repurchased 5.2 million shares of common stock under the 2023 Stock Repurchase Program. As of September 30, 2026, 12.2 million shares remained available for repurchase under the 2023 Stock Repurchase Program. Item 5. Othe r Information Insider Trading Arrangements. During the quarter ended September 30, 2026, no ne of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act) adopted, modified or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act or any non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K). Item 6. Exhibits See Exhibit Index at the end of the Quarterly Report on Form 10-Q for the information required by this Item which is incorporated by reference.

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SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

| Date: November 4, 2026 |     | By: | TREX COMPANY, INC.                                       
 /s/ Prithvi S. Gandhi                                    |
|:-----------------------|:----|:----|:---------------------------------------------------------|
|                        |     |     | Prithvi S. Gandhi                                        |
|                        |     |     | Senior Vice President and Chief Financial Officer        |
|                        |     |     | -Duly Authorized Officer and Principal Financial Officer |

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EXHIBIT INDEX

|               |     |                                                                                                                                                                                        |     |      | Incorporated by reference |         |     |                   |     |           |
| ExhibitNumber |     | Description                                                                                                                                                                            |     | Form |                           | Exhibit |     | Filing Date       |     | File No.  |
| 3.1           |     | Restated Certificate of Incorporation of Trex Company, Inc. dated July 28, 2021.                                                                                                       |     | 10-Q |                           |     3.6 |     | August 2, 2021    |     | 001-14649 |
| 3.2           |     | First Certificate of Amendment to the Restated Certificate of Incorporation of Trex Company, Inc. dated May 5, 2022                                                                    |     | 10-Q |                           |     3.2 |     | May 9, 2022       |     | 001-14649 |
| 3.3           |     | Amended and Restated By-Laws of the Company dated February 21, 2024                                                                                                                    |     | 10-K |                           |     3.3 |     | February 26, 2024 |     | 001-14649 |
| 31.1*         |     | Certification of Chief Executive Officer of the Company pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.                                                          |     |      |                           |         |     |                   |     |           |
| 31.2*         |     | Certification of Chief Financial Officer of the Company pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.                                                          |     |      |                           |         |     |                   |     |           |
| 32***         |     | Certifications of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. § 1350).                                    |     |      |                           |         |     |                   |     |           |
| 101.INS*      |     | Inline XBRL Instance Document—the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.                   |     |      |                           |         |     |                   |     |           |
| 101.SCH*      |     | Inline XBRL Taxonomy Extension Schema With Embedded Linkbase Documents.                                                                                                                |     |      |                           |         |     |                   |     |           |
| 104.1         |     | Cover Page Interactive Data File—The cover page interactive data file does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document. |     |      |                           |         |     |                   |     |           |

* Filed herewith. *** Furnished herewith.

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