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Side-by-side financial comparison of TREX CO INC (TREX) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.

TREX CO INC is the larger business by last-quarter revenue ($343.4M vs $334.0M, roughly 1.0× WYNDHAM HOTELS & RESORTS, INC.). TREX CO INC runs the higher net margin — 17.9% vs -18.0%, a 35.8% gap on every dollar of revenue. On growth, TREX CO INC posted the faster year-over-year revenue change (1.0% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $-143.4M). Over the past eight quarters, TREX CO INC's revenue compounded faster (-4.5% CAGR vs -4.6%).

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.

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.

TREX vs WH — Head-to-Head

Bigger by revenue
TREX
TREX
1.0× larger
TREX
$343.4M
$334.0M
WH
Growing faster (revenue YoY)
TREX
TREX
+77.3% gap
TREX
1.0%
-76.3%
WH
Higher net margin
TREX
TREX
35.8% more per $
TREX
17.9%
-18.0%
WH
More free cash flow
WH
WH
$311.4M more FCF
WH
$168.0M
$-143.4M
TREX
Faster 2-yr revenue CAGR
TREX
TREX
Annualised
TREX
-4.5%
-4.6%
WH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
TREX
TREX
WH
WH
Revenue
$343.4M
$334.0M
Net Profit
$61.4M
$-60.0M
Gross Margin
40.5%
Operating Margin
24.3%
Net Margin
17.9%
-18.0%
Revenue YoY
1.0%
-76.3%
Net Profit YoY
1.6%
-170.6%
EPS (diluted)
$0.58
$-0.80

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
TREX
TREX
WH
WH
Q1 26
$343.4M
$334.0M
Q4 25
$161.1M
$334.0M
Q3 25
$285.3M
$382.0M
Q2 25
$387.8M
$397.0M
Q1 25
$340.0M
$316.0M
Q4 24
$167.6M
$336.0M
Q3 24
$233.7M
$396.0M
Q2 24
$376.5M
$367.0M
Net Profit
TREX
TREX
WH
WH
Q1 26
$61.4M
$-60.0M
Q4 25
$2.3M
$-60.0M
Q3 25
$51.8M
$105.0M
Q2 25
$75.9M
$87.0M
Q1 25
$60.4M
$61.0M
Q4 24
$9.8M
$85.0M
Q3 24
$40.6M
$102.0M
Q2 24
$87.0M
$86.0M
Gross Margin
TREX
TREX
WH
WH
Q1 26
40.5%
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%
Operating Margin
TREX
TREX
WH
WH
Q1 26
24.3%
Q4 25
2.2%
-11.4%
Q3 25
24.7%
46.6%
Q2 25
26.4%
37.8%
Q1 25
24.0%
35.4%
Q4 24
9.2%
38.4%
Q3 24
23.2%
43.2%
Q2 24
31.1%
39.5%
Net Margin
TREX
TREX
WH
WH
Q1 26
17.9%
-18.0%
Q4 25
1.4%
-18.0%
Q3 25
18.1%
27.5%
Q2 25
19.6%
21.9%
Q1 25
17.8%
19.3%
Q4 24
5.8%
25.3%
Q3 24
17.4%
25.8%
Q2 24
23.1%
23.4%
EPS (diluted)
TREX
TREX
WH
WH
Q1 26
$0.58
$-0.80
Q4 25
$0.03
$-0.77
Q3 25
$0.48
$1.36
Q2 25
$0.71
$1.13
Q1 25
$0.56
$0.78
Q4 24
$0.10
$1.06
Q3 24
$0.37
$1.29
Q2 24
$0.80
$1.07

Balance Sheet & Financial Strength

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

Metric
TREX
TREX
WH
WH
Cash + ST InvestmentsLiquidity on hand
$4.5M
$64.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$995.8M
$468.0M
Total Assets
$1.7B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TREX
TREX
WH
WH
Q1 26
$4.5M
$64.0M
Q4 25
$3.8M
$64.0M
Q3 25
$11.4M
$70.0M
Q2 25
$5.5M
$50.0M
Q1 25
$5.0M
$48.0M
Q4 24
$1.3M
$103.0M
Q3 24
$12.8M
$72.0M
Q2 24
$1.2M
$70.0M
Total Debt
TREX
TREX
WH
WH
Q1 26
Q4 25
$2.5B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Stockholders' Equity
TREX
TREX
WH
WH
Q1 26
$995.8M
$468.0M
Q4 25
$1.0B
$468.0M
Q3 25
$1.0B
$583.0M
Q2 25
$989.3M
$570.0M
Q1 25
$910.1M
$579.0M
Q4 24
$850.1M
$650.0M
Q3 24
$887.9M
$583.0M
Q2 24
$894.9M
$623.0M
Total Assets
TREX
TREX
WH
WH
Q1 26
$1.7B
$4.2B
Q4 25
$1.5B
$4.2B
Q3 25
$1.5B
$4.3B
Q2 25
$1.5B
$4.3B
Q1 25
$1.6B
$4.2B
Q4 24
$1.3B
$4.2B
Q3 24
$1.3B
$4.2B
Q2 24
$1.3B
$4.2B
Debt / Equity
TREX
TREX
WH
WH
Q1 26
Q4 25
5.37×
Q3 25
4.43×
Q2 25
4.44×
Q1 25
4.29×
Q4 24
3.72×
Q3 24
4.19×
Q2 24
3.83×

Cash Flow & Capital Efficiency

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

Metric
TREX
TREX
WH
WH
Operating Cash FlowLast quarter
$-118.4M
$367.0M
Free Cash FlowOCF − Capex
$-143.4M
$168.0M
FCF MarginFCF / Revenue
-41.8%
50.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-1.93×
TTM Free Cash FlowTrailing 4 quarters
$224.6M
$437.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TREX
TREX
WH
WH
Q1 26
$-118.4M
$367.0M
Q4 25
$65.5M
$152.0M
Q3 25
$196.9M
$86.0M
Q2 25
$249.8M
$70.0M
Q1 25
$-154.0M
$59.0M
Q4 24
$-8.5M
$134.0M
Q3 24
$132.8M
$79.0M
Q2 24
$193.7M
$1.0M
Free Cash Flow
TREX
TREX
WH
WH
Q1 26
$-143.4M
$168.0M
Q4 25
$22.1M
$136.0M
Q3 25
$142.9M
$75.0M
Q2 25
$203.0M
$58.0M
Q1 25
$-233.5M
$52.0M
Q4 24
$-89.3M
$109.0M
Q3 24
$54.5M
$71.0M
Q2 24
$158.2M
$-6.0M
FCF Margin
TREX
TREX
WH
WH
Q1 26
-41.8%
50.3%
Q4 25
13.7%
40.7%
Q3 25
50.1%
19.6%
Q2 25
52.3%
14.6%
Q1 25
-68.7%
16.5%
Q4 24
-53.3%
32.4%
Q3 24
23.3%
17.9%
Q2 24
42.0%
-1.6%
Capex Intensity
TREX
TREX
WH
WH
Q1 26
Q4 25
26.9%
4.8%
Q3 25
18.9%
2.9%
Q2 25
12.1%
3.0%
Q1 25
23.4%
2.2%
Q4 24
48.2%
7.4%
Q3 24
33.5%
2.0%
Q2 24
9.4%
1.9%
Cash Conversion
TREX
TREX
WH
WH
Q1 26
-1.93×
Q4 25
28.45×
Q3 25
3.80×
0.82×
Q2 25
3.29×
0.80×
Q1 25
-2.55×
0.97×
Q4 24
-0.87×
1.58×
Q3 24
3.27×
0.77×
Q2 24
2.23×
0.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TREX
TREX

Segment breakdown not available.

WH
WH

Fee-related and other revenues$334.0M100%
Management and other fees$2.0M1%

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