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Side-by-side financial comparison of AerSale Corp (ASLE) and TREX CO INC (TREX). Click either name above to swap in a different company.

TREX CO INC is the larger business by last-quarter revenue ($161.1M vs $90.9M, roughly 1.8× AerSale Corp). AerSale Corp runs the higher net margin — 5.9% vs 1.4%, a 4.5% gap on every dollar of revenue. On growth, TREX CO INC posted the faster year-over-year revenue change (-3.9% vs -4.0%). TREX CO INC produced more free cash flow last quarter ($22.1M vs $9.8M). Over the past eight quarters, AerSale Corp's revenue compounded faster (0.2% CAGR vs -34.3%).

AerSale, Inc. is a Doral, Florida-based global supplier of aftermarket commercial jet aircraft, engines, used materials, and aeronautical engineering services to passenger and cargo airlines, government, multinational original equipment manufacturers, and independent MROs. AerSale is a member of the Aircraft Fleet Recycling Association.

Trex Company, Inc. is a manufacturer of wood-alternative composite decking, residential railing, and other outdoor items made from recycled materials. Its headquarters is in Winchester, Virginia.

ASLE vs TREX — Head-to-Head

Bigger by revenue
TREX
TREX
1.8× larger
TREX
$161.1M
$90.9M
ASLE
Growing faster (revenue YoY)
TREX
TREX
+0.1% gap
TREX
-3.9%
-4.0%
ASLE
Higher net margin
ASLE
ASLE
4.5% more per $
ASLE
5.9%
1.4%
TREX
More free cash flow
TREX
TREX
$12.3M more FCF
TREX
$22.1M
$9.8M
ASLE
Faster 2-yr revenue CAGR
ASLE
ASLE
Annualised
ASLE
0.2%
-34.3%
TREX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASLE
ASLE
TREX
TREX
Revenue
$90.9M
$161.1M
Net Profit
$5.4M
$2.3M
Gross Margin
34.1%
30.2%
Operating Margin
7.8%
2.2%
Net Margin
5.9%
1.4%
Revenue YoY
-4.0%
-3.9%
Net Profit YoY
99.7%
-76.4%
EPS (diluted)
$0.10
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASLE
ASLE
TREX
TREX
Q4 25
$90.9M
$161.1M
Q3 25
$71.2M
$285.3M
Q2 25
$107.4M
$387.8M
Q1 25
$65.8M
$340.0M
Q4 24
$94.7M
$167.6M
Q3 24
$82.7M
$233.7M
Q2 24
$77.1M
$376.5M
Q1 24
$90.5M
$373.6M
Net Profit
ASLE
ASLE
TREX
TREX
Q4 25
$5.4M
$2.3M
Q3 25
$-120.0K
$51.8M
Q2 25
$8.6M
$75.9M
Q1 25
$-5.3M
$60.4M
Q4 24
$2.7M
$9.8M
Q3 24
$509.0K
$40.6M
Q2 24
$-3.6M
$87.0M
Q1 24
$6.3M
$89.1M
Gross Margin
ASLE
ASLE
TREX
TREX
Q4 25
34.1%
30.2%
Q3 25
30.2%
40.5%
Q2 25
32.9%
40.8%
Q1 25
27.3%
40.5%
Q4 24
31.4%
32.7%
Q3 24
28.6%
39.9%
Q2 24
28.2%
44.7%
Q1 24
31.8%
45.4%
Operating Margin
ASLE
ASLE
TREX
TREX
Q4 25
7.8%
2.2%
Q3 25
4.0%
24.7%
Q2 25
11.7%
26.4%
Q1 25
-10.1%
24.0%
Q4 24
5.2%
9.2%
Q3 24
2.4%
23.2%
Q2 24
-2.4%
31.1%
Q1 24
5.2%
31.9%
Net Margin
ASLE
ASLE
TREX
TREX
Q4 25
5.9%
1.4%
Q3 25
-0.2%
18.1%
Q2 25
8.0%
19.6%
Q1 25
-8.0%
17.8%
Q4 24
2.9%
5.8%
Q3 24
0.6%
17.4%
Q2 24
-4.7%
23.1%
Q1 24
6.9%
23.8%
EPS (diluted)
ASLE
ASLE
TREX
TREX
Q4 25
$0.10
$0.03
Q3 25
$0.00
$0.48
Q2 25
$0.18
$0.71
Q1 25
$-0.10
$0.56
Q4 24
$0.05
$0.10
Q3 24
$0.01
$0.37
Q2 24
$-0.07
$0.80
Q1 24
$0.12
$0.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASLE
ASLE
TREX
TREX
Cash + ST InvestmentsLiquidity on hand
$4.4M
$3.8M
Total DebtLower is stronger
$1.3M
Stockholders' EquityBook value
$424.4M
$1.0B
Total Assets
$640.5M
$1.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASLE
ASLE
TREX
TREX
Q4 25
$4.4M
$3.8M
Q3 25
$5.3M
$11.4M
Q2 25
$5.7M
$5.5M
Q1 25
$4.7M
$5.0M
Q4 24
$4.7M
$1.3M
Q3 24
$9.8M
$12.8M
Q2 24
$4.3M
$1.2M
Q1 24
$2.6M
$3.1M
Total Debt
ASLE
ASLE
TREX
TREX
Q4 25
$1.3M
Q3 25
$1.5M
Q2 25
$907.0K
Q1 25
$1.1M
Q4 24
$1.2M
Q3 24
$376.0K
Q2 24
$522.0K
Q1 24
$3.5M
Stockholders' Equity
ASLE
ASLE
TREX
TREX
Q4 25
$424.4M
$1.0B
Q3 25
$417.1M
$1.0B
Q2 25
$415.9M
$989.3M
Q1 25
$406.5M
$910.1M
Q4 24
$455.6M
$850.1M
Q3 24
$451.5M
$887.9M
Q2 24
$449.8M
$894.9M
Q1 24
$452.0M
$804.1M
Total Assets
ASLE
ASLE
TREX
TREX
Q4 25
$640.5M
$1.5B
Q3 25
$646.3M
$1.5B
Q2 25
$646.7M
$1.5B
Q1 25
$646.1M
$1.6B
Q4 24
$604.7M
$1.3B
Q3 24
$601.5M
$1.3B
Q2 24
$598.7M
$1.3B
Q1 24
$571.7M
$1.3B
Debt / Equity
ASLE
ASLE
TREX
TREX
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASLE
ASLE
TREX
TREX
Operating Cash FlowLast quarter
$11.4M
$65.5M
Free Cash FlowOCF − Capex
$9.8M
$22.1M
FCF MarginFCF / Revenue
10.8%
13.7%
Capex IntensityCapex / Revenue
1.7%
26.9%
Cash ConversionOCF / Net Profit
2.11×
28.45×
TTM Free Cash FlowTrailing 4 quarters
$-29.1M
$134.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASLE
ASLE
TREX
TREX
Q4 25
$11.4M
$65.5M
Q3 25
$-8.9M
$196.9M
Q2 25
$19.8M
$249.8M
Q1 25
$-45.2M
$-154.0M
Q4 24
$37.5M
$-8.5M
Q3 24
$10.4M
$132.8M
Q2 24
$-15.3M
$193.7M
Q1 24
$-21.5M
$-174.0M
Free Cash Flow
ASLE
ASLE
TREX
TREX
Q4 25
$9.8M
$22.1M
Q3 25
$-9.8M
$142.9M
Q2 25
$18.6M
$203.0M
Q1 25
$-47.6M
$-233.5M
Q4 24
$32.3M
$-89.3M
Q3 24
$8.9M
$54.5M
Q2 24
$-18.9M
$158.2M
Q1 24
$-25.0M
$-211.8M
FCF Margin
ASLE
ASLE
TREX
TREX
Q4 25
10.8%
13.7%
Q3 25
-13.8%
50.1%
Q2 25
17.3%
52.3%
Q1 25
-72.4%
-68.7%
Q4 24
34.0%
-53.3%
Q3 24
10.7%
23.3%
Q2 24
-24.6%
42.0%
Q1 24
-27.7%
-56.7%
Capex Intensity
ASLE
ASLE
TREX
TREX
Q4 25
1.7%
26.9%
Q3 25
1.3%
18.9%
Q2 25
1.1%
12.1%
Q1 25
3.7%
23.4%
Q4 24
5.6%
48.2%
Q3 24
1.9%
33.5%
Q2 24
4.7%
9.4%
Q1 24
3.9%
10.1%
Cash Conversion
ASLE
ASLE
TREX
TREX
Q4 25
2.11×
28.45×
Q3 25
3.80×
Q2 25
2.31×
3.29×
Q1 25
-2.55×
Q4 24
13.89×
-0.87×
Q3 24
20.52×
3.27×
Q2 24
2.23×
Q1 24
-3.42×
-1.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASLE
ASLE

Products$57.8M64%
Maintenance$23.2M26%
Leasing Arrangements$9.9M11%

TREX
TREX

Segment breakdown not available.

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