vs

Side-by-side financial comparison of PARK NATIONAL CORP (PRK) and TREX CO INC (TREX). Click either name above to swap in a different company.

PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $161.1M, roughly 1.0× TREX CO INC). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 1.4%, a 23.9% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -3.9%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $22.1M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs -34.3%).

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

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.

PRK vs TREX — Head-to-Head

Bigger by revenue
PRK
PRK
1.0× larger
PRK
$168.3M
$161.1M
TREX
Growing faster (revenue YoY)
PRK
PRK
+6.1% gap
PRK
2.2%
-3.9%
TREX
Higher net margin
PRK
PRK
23.9% more per $
PRK
25.3%
1.4%
TREX
More free cash flow
PRK
PRK
$169.8M more FCF
PRK
$191.9M
$22.1M
TREX
Faster 2-yr revenue CAGR
PRK
PRK
Annualised
PRK
4.9%
-34.3%
TREX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRK
PRK
TREX
TREX
Revenue
$168.3M
$161.1M
Net Profit
$42.6M
$2.3M
Gross Margin
30.2%
Operating Margin
2.2%
Net Margin
25.3%
1.4%
Revenue YoY
2.2%
-3.9%
Net Profit YoY
10.4%
-76.4%
EPS (diluted)
$2.62
$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
PRK
PRK
TREX
TREX
Q4 25
$168.3M
$161.1M
Q3 25
$169.5M
$285.3M
Q2 25
$168.7M
$387.8M
Q1 25
$157.9M
$340.0M
Q4 24
$164.7M
$167.6M
Q3 24
$170.3M
$233.7M
Q2 24
$157.7M
$376.5M
Q1 24
$152.8M
$373.6M
Net Profit
PRK
PRK
TREX
TREX
Q4 25
$42.6M
$2.3M
Q3 25
$47.2M
$51.8M
Q2 25
$48.1M
$75.9M
Q1 25
$42.2M
$60.4M
Q4 24
$38.6M
$9.8M
Q3 24
$38.2M
$40.6M
Q2 24
$39.4M
$87.0M
Q1 24
$35.2M
$89.1M
Gross Margin
PRK
PRK
TREX
TREX
Q4 25
30.2%
Q3 25
40.5%
Q2 25
40.8%
Q1 25
40.5%
Q4 24
32.7%
Q3 24
39.9%
Q2 24
44.7%
Q1 24
45.4%
Operating Margin
PRK
PRK
TREX
TREX
Q4 25
2.2%
Q3 25
34.3%
24.7%
Q2 25
35.2%
26.4%
Q1 25
32.4%
24.0%
Q4 24
9.2%
Q3 24
27.4%
23.2%
Q2 24
30.6%
31.1%
Q1 24
27.8%
31.9%
Net Margin
PRK
PRK
TREX
TREX
Q4 25
25.3%
1.4%
Q3 25
27.8%
18.1%
Q2 25
28.5%
19.6%
Q1 25
26.7%
17.8%
Q4 24
23.5%
5.8%
Q3 24
22.4%
17.4%
Q2 24
25.0%
23.1%
Q1 24
23.0%
23.8%
EPS (diluted)
PRK
PRK
TREX
TREX
Q4 25
$2.62
$0.03
Q3 25
$2.92
$0.48
Q2 25
$2.97
$0.71
Q1 25
$2.60
$0.56
Q4 24
$2.38
$0.10
Q3 24
$2.35
$0.37
Q2 24
$2.42
$0.80
Q1 24
$2.17
$0.82

Balance Sheet & Financial Strength

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

Metric
PRK
PRK
TREX
TREX
Cash + ST InvestmentsLiquidity on hand
$233.5M
$3.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$1.0B
Total Assets
$9.8B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRK
PRK
TREX
TREX
Q4 25
$233.5M
$3.8M
Q3 25
$218.9M
$11.4M
Q2 25
$193.1M
$5.5M
Q1 25
$237.6M
$5.0M
Q4 24
$160.6M
$1.3M
Q3 24
$201.7M
$12.8M
Q2 24
$261.5M
$1.2M
Q1 24
$306.1M
$3.1M
Stockholders' Equity
PRK
PRK
TREX
TREX
Q4 25
$1.4B
$1.0B
Q3 25
$1.3B
$1.0B
Q2 25
$1.3B
$989.3M
Q1 25
$1.3B
$910.1M
Q4 24
$1.2B
$850.1M
Q3 24
$1.2B
$887.9M
Q2 24
$1.2B
$894.9M
Q1 24
$1.2B
$804.1M
Total Assets
PRK
PRK
TREX
TREX
Q4 25
$9.8B
$1.5B
Q3 25
$9.9B
$1.5B
Q2 25
$9.9B
$1.5B
Q1 25
$9.9B
$1.6B
Q4 24
$9.8B
$1.3B
Q3 24
$9.9B
$1.3B
Q2 24
$9.9B
$1.3B
Q1 24
$9.9B
$1.3B

Cash Flow & Capital Efficiency

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

Metric
PRK
PRK
TREX
TREX
Operating Cash FlowLast quarter
$198.3M
$65.5M
Free Cash FlowOCF − Capex
$191.9M
$22.1M
FCF MarginFCF / Revenue
114.1%
13.7%
Capex IntensityCapex / Revenue
3.8%
26.9%
Cash ConversionOCF / Net Profit
4.65×
28.45×
TTM Free Cash FlowTrailing 4 quarters
$328.2M
$134.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRK
PRK
TREX
TREX
Q4 25
$198.3M
$65.5M
Q3 25
$52.6M
$196.9M
Q2 25
$49.7M
$249.8M
Q1 25
$37.9M
$-154.0M
Q4 24
$178.8M
$-8.5M
Q3 24
$43.8M
$132.8M
Q2 24
$50.9M
$193.7M
Q1 24
$35.0M
$-174.0M
Free Cash Flow
PRK
PRK
TREX
TREX
Q4 25
$191.9M
$22.1M
Q3 25
$51.1M
$142.9M
Q2 25
$48.4M
$203.0M
Q1 25
$36.8M
$-233.5M
Q4 24
$169.7M
$-89.3M
Q3 24
$41.7M
$54.5M
Q2 24
$49.0M
$158.2M
Q1 24
$31.9M
$-211.8M
FCF Margin
PRK
PRK
TREX
TREX
Q4 25
114.1%
13.7%
Q3 25
30.1%
50.1%
Q2 25
28.7%
52.3%
Q1 25
23.3%
-68.7%
Q4 24
103.0%
-53.3%
Q3 24
24.5%
23.3%
Q2 24
31.1%
42.0%
Q1 24
20.8%
-56.7%
Capex Intensity
PRK
PRK
TREX
TREX
Q4 25
3.8%
26.9%
Q3 25
0.9%
18.9%
Q2 25
0.8%
12.1%
Q1 25
0.7%
23.4%
Q4 24
5.6%
48.2%
Q3 24
1.2%
33.5%
Q2 24
1.2%
9.4%
Q1 24
2.1%
10.1%
Cash Conversion
PRK
PRK
TREX
TREX
Q4 25
4.65×
28.45×
Q3 25
1.11×
3.80×
Q2 25
1.03×
3.29×
Q1 25
0.90×
-2.55×
Q4 24
4.63×
-0.87×
Q3 24
1.14×
3.27×
Q2 24
1.29×
2.23×
Q1 24
0.99×
-1.95×

Financial Flow Comparison

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

Related Comparisons