• Trex average ebitda margin for 2023 was 27.12%, a 8.78% increase from 2022.
• Trex average ebitda margin for 2022 was 29.73%, a 1.57% decline from 2021.
• Trex average ebitda margin for 2021 was 29.27%, a 0.79% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.