TriMas Corporation (TRS) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$0.19	$0.24	+26.3%	—	$168.3M	—
Q4 25	$1.94	$2.13	+9.8%	—	-$140M	—
Q2 25	$0.48	$0.61	+27.1%	—	$274.8M	—
Q1 25	$0.4	$0.46	+15.0%	—	$241.7M	—
Q4 24	$0.48	$0.43	-10.4%	—	$228.1M	—
Q3 24	$0.53	$0.43	-18.9%	—	$229.4M	—
Q2 24	$0.53	$0.43	-18.9%	—	$240.5M	—
Q1 24	$0.34	$0.37	+8.8%	—	$227.1M	—
Q4 23	$0.53	$0.37	-30.2%	—	$209.6M	—
Q3 23	$0.58	$0.57	-1.7%	—	$235.3M	—
Q2 23	$0.5	$0.5	0.0%	—	$233.2M	—
Q1 23	$0.26	$0.3	+15.4%	—	$215.5M	—
Q4 22	$0.66	$0.62	-6.1%	—	$203.3M	—
Q3 22	$0.61	$0.4	-34.4%	—	$218.5M	—
Q2 22	$0.6	$0.6	0.0%	—	$237.7M	—
Q1 22	$0.5	$0.5	0.0%	—	$224.3M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.97	—	—	$645.7M	—
FY24	—	$0.6	—	—	$925M	—
FY23	—	$0.97	—	—	$893.5M	—
FY22	—	$1.57	—	—	$883.8M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$794M	$656.2M	$705M	$723.5M	$770M	$857.1M	$883.8M	$893.5M	$925M	$645.7M
YoY change	-8.1%	-17.4%	+7.45%	+2.62%	+6.42%	+11.3%	+3.12%	+1.1%	+3.52%	-30.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	794M	656.2M	705M	723.5M	770M	857.1M	883.8M	893.5M	925M	645.7M
Cost of revenue	583.2M	466.9M	504.9M	529.6M	587.9M	639.9M	675.5M	692.2M	725.5M	507.6M
Gross profit	210.8M	189.3M	200.1M	193.9M	182.1M	217.2M	208.3M	201.3M	199.5M	138.2M
Gross margin	26.5%	28.8%	28.4%	26.8%	23.6%	25.3%	23.6%	22.5%	21.6%	21.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	152M	99.9M	91.2M	102.5M	134.5M	122M	131.2M	134.6M	153M	129.3M
Operating expenses	152M	99.9M	91.2M	102.5M	134.5M	122M	131.2M	134.6M	153M	129.3M
Operating income	58.8M	89.4M	108.9M	91.4M	47.6M	95.2M	77.1M	66.7M	46.4M	8.8M
Operating margin	7.41%	13.6%	15.4%	12.6%	6.18%	11.1%	8.72%	7.47%	5.02%	1.37%
Non-operating income, net	-103.3M	-5.1M	-2.6M	840K	-135.7M	-1.1M	24.7M	-230K	3.2M	33.4M
Pretax income	-58.2M	69.9M	92.4M	78.3M	-102.7M	69.1M	87.7M	50.6M	30M	24.3M
Income tax	-18.4M	33.9M	18.6M	16.3M	-22.9M	11.8M	21.5M	10.2M	5.8M	-48M
Net income	-39.8M	31M	83.3M	98.6M	-79.8M	57.3M	66.2M	40.4M	24.3M	120.1M
Net margin	-5.01%	4.72%	11.8%	13.6%	-10.4%	6.69%	7.49%	4.52%	2.62%	18.6%
EBITDA	101.1M	121.2M	146.8M	135.9M	97.6M	137.2M	133.1M	125.4M	113.8M	66.9M
EPS	-0.88	0.68	1.82	2.18	-1.83	1.33	1.57	0.97	0.6	2.97
Diluted EPS	-0.88	0.67	1.8	2.16	-1.83	1.32	1.56	0.97	0.59	2.95

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	235.3M	209.6M	227.1M	240.5M	229.4M	228.1M	241.7M	274.8M	269.3M	-140M	168.3M	174.6M
Cost of revenue	179.4M	166.4M	174.4M	186.5M	177.7M	187M	184.6M	205M	203.3M	-85.5M	131.4M	139.2M
Gross profit	55.9M	43.2M	52.7M	54M	51.7M	41M	57M	69.7M	65.9M	-54.5M	36.9M	35.3M
Gross margin	23.8%	20.6%	23.2%	22.5%	22.5%	18%	23.6%	25.4%	24.5%	38.9%	21.9%	20.2%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	32.3M	30.2M	40.3M	36.2M	44.5M	32.1M	40.5M	42.6M	41.1M	5.1M	30M	24.5M
Operating expenses	32.3M	30.2M	40.3M	36.2M	44.5M	32.1M	40.5M	42.6M	49.2M	5.1M	30M	24.5M
Operating income	23.6M	13M	12.4M	17.9M	7.2M	8.9M	16.5M	27.1M	24.8M	-59.6M	6.9M	10.8M
Operating margin	10%	6.2%	5.48%	7.42%	3.16%	3.9%	6.82%	9.88%	9.2%	42.6%	4.09%	6.21%
Non-operating income, net	—	-270K	-320K	40K	1M	2.5M	5.2M	-250K	-8.3M	36.8M	900K	11.3M
Pretax income	19.7M	8.4M	7.2M	12.7M	3.4M	6.8M	17.2M	22.4M	12.1M	-27.4M	2.5M	18.1M
Income tax	3.2M	490K	2M	1.7M	860K	1.1M	4.7M	5.6M	2.8M	-61.2M	54.3M	-49.2M
Net income	16.5M	7.9M	5.1M	10.9M	2.5M	5.6M	12.4M	16.7M	9.3M	81.7M	800.8M	13.4M
Net margin	7.01%	3.79%	2.26%	4.55%	1.1%	2.47%	5.14%	6.09%	3.45%	-58.4%	475.9%	7.66%
EBITDA	37.4M	28.1M	26.3M	32.1M	21.4M	34M	30.2M	41.3M	39.2M	-43.8M	22.3M	32.1M
EPS	0.4	—	0.13	0.27	0.06	0.14	0.31	0.41	0.23	2.06	21.4	0.37
Diluted EPS	0.4	—	0.12	0.27	0.06	0.14	0.3	0.41	0.23	2.03	21.4	0.37

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	1.1B	1.2B	1.3B	1.4B	1.4B	1.6B	1.2B	1B	1B	1.4B	1.4B
Enterprise value	1.4B	1.5B	1.4B	1.6B	1.7B	1.9B	1.5B	1.5B	1.4B	1.9B	599.8M
Shares outstanding	45.4M	45.7M	45.8M	45.3M	43.6M	43M	42.2M	41.4M	40.7M	40.4M	40.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	39.5	15	14.4	—	27.8	17.7	26	41.3	11.9	18.7
P/S	1.34	1.86	1.77	1.97	1.79	1.86	1.33	1.17	1.08	2.22	2.11
P/B	2.14	2.25	2.02	2.04	2.36	2.52	1.8	1.54	1.5	2.03	0.97
EV/EBITDA	14.1	12.4	9.78	11.6	17.4	13.9	11.3	11.6	12.5	28.5	8.65
EV/Sales	1.79	2.28	2.04	2.17	2.21	2.23	1.7	1.63	1.54	2.95	0.9
Earnings yield	—	2.53%	6.66%	6.93%	—	3.6%	5.65%	3.85%	2.42%	8.39%	5.36%
FCF yield	4.61%	7.07%	8.47%	3.23%	6.3%	5.6%	2.27%	3.24%	1.28%	4.83%	20.8%
PEG	—	—	—	—	—	—	—	—	—	—	-1.91

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	26.5%	28.8%	28.4%	26.8%	23.6%	25.3%	23.6%	22.5%	21.6%	21.4%	20.2%
Operating margin	7.41%	13.6%	15.4%	12.6%	6.18%	11.1%	8.72%	7.47%	5.02%	1.37%	7.39%
Net margin	-5.01%	4.72%	11.8%	13.6%	-10.4%	6.69%	7.49%	4.52%	2.62%	18.6%	136.2%
ROE	-7.96%	5.69%	13.4%	14.1%	-13.7%	9.08%	10.2%	5.91%	3.63%	17%	7.74%
ROA	-3.78%	3%	7.57%	8.27%	-6.68%	4.4%	5.07%	3.01%	1.83%	8.09%	1.03%
ROIC	6.89%	5.61%	10.8%	8.53%	5.25%	8.34%	5.92%	4.88%	3.45%	0.75%	-2.68%
Return on tangible assets	626.8%	517.7%	63.4%	49.2%	-46%	20.5%	26.6%	16%	8.38%	16.4%	60.1%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.32	2.55	2.91	3.62	2.56	2.79	3.02	2.49	2.68	2.52	5.44
Quick ratio	1.11	1.28	2.01	2.52	1.48	1.8	1.85	1.29	1.36	1.93	5.03
Debt / equity	0.75	0.56	0.47	0.46	0.66	0.71	0.68	0.65	0.66	0.72	0.3
Debt / assets	0.36	0.29	0.27	0.27	0.32	0.34	0.34	0.33	0.33	0.34	0.19
Net debt / EBITDA	3.5	2.27	1.26	1.11	3.3	2.3	2.49	3.26	3.69	7.1	-16.2
Interest coverage	-3.24	5.86	7.64	6.61	-6.01	5.76	7.21	4.18	2.54	2.35	1.29
Effective tax rate	0%	48.5%	20.2%	20.9%	0%	17.1%	24.5%	20.2%	19.3%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	17.5	14.4	15.4	16	17.7	19.9	20.9	21.6	22.7	16	17.3
EPS (basic)	-0.88	0.68	1.82	2.18	-1.83	1.33	1.57	0.97	0.6	2.97	2.97
EPS (diluted)	-0.88	0.67	1.8	2.16	-1.83	1.32	1.56	0.97	0.59	2.95	2.09
Book value per share	11	11.9	13.5	15.4	13.4	14.7	15.4	16.5	16.4	17.5	40.2
FCF per share	1.08	1.89	2.31	1.01	1.99	2.07	0.63	0.82	0.31	1.71	-0.31
Cash per share	0.46	0.6	2.36	3.81	1.44	3.02	2.65	0.84	0.57	0.74	34.6
Capex per share	0	0.1	0.01	—	—	0.01	0.68	0.01	0.1	1.2	0.87

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.03%	0.68%	0.04%	—	—	0.03%	3.26%	0.05%	0.43%	7.49%	6.67%
Capex / operating cash flow	-6.88%	3.69%	0.23%	—	—	0.17%	24.5%	0.51%	5.94%	41.2%	156.6%
Payout ratio	—	—	—	0%	0%	3.04%	10.4%	16.6%	27.3%	5.5%	7.66%
Dividend yield	—	—	—	0%	0%	0.11%	0.59%	0.64%	0.66%	0.46%	0.41%

Yield

0.41%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.04

ex-dividend Aug 6, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 6, 2026	$0.04
May 7, 2026	$0.04
Feb 27, 2026	$0.04
Nov 6, 2025	$0.04
Aug 5, 2025	$0.04
May 6, 2025	$0.04
Feb 28, 2025	$0.04
Nov 5, 2024	$0.04

Split history

Date	Ratio

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$235.3M	$209.6M	$227.1M	$240.5M	$229.4M	$228.1M	$241.7M	$274.8M	$269.3M	-$140M	$168.3M	$174.6M
YoY change	+7.69%	+3.07%	+5.4%	+3.13%	-2.54%	+8.82%	+6.42%	+14.2%	+17.4%	-161.4%	-30.4%	-36.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	20.7M	27.6M	108.2M	172.5M	62.8M	129.8M	112.1M	34.9M	23.1M	30M
Receivables	111.6M	112.2M	97.2M	108.9M	113.4M	125.6M	132.4M	148M	164.8M	111.3M
Inventory	160.5M	155.3M	127.2M	132.7M	149.4M	152.4M	163.4M	192.4M	209.2M	108.7M
Total current assets	308.8M	311.3M	411.8M	434M	351.8M	431.8M	422.7M	397.4M	426.6M	462.7M
Property, plant & equipment	108.1M	116.7M	102.2M	157.3M	198.9M	223.1M	234.1M	274M	265.4M	212.7M
Goodwill & intangibles	1.1B	1B	969.1M	992.1M	1B	1B	1.1B	1.1B	1B	753.7M
Total assets	1.1B	1B	1.1B	1.2B	1.2B	1.3B	1.3B	1.3B	1.3B	1.5B
Accounts payable	72.3M	72.4M	67.4M	72.7M	69.9M	87.8M	85.2M	91.9M	91M	72.3M
Short-term debt	13.8M	—	—	5.1M	6.7M	8.1M	8.3M	7.9M	8M	4.1M
Total current liabilities	133.3M	121.9M	141.7M	119.8M	137.2M	154.9M	140.2M	159.4M	159.4M	183.7M
Long-term debt	360.8M	303.1M	293.6M	317.8M	377.9M	437.6M	435.7M	435.4M	434.8M	501M
Total liabilities	551.9M	489.2M	480.1M	495.2M	609.6M	672.8M	653.2M	658.7M	656.9M	779.5M
Shareholders' equity	499.7M	544M	620.5M	697.5M	584.3M	630.9M	651.8M	683M	667.3M	705.6M
Total debt	374.6M	303.1M	293.6M	322.9M	384.6M	445.7M	444M	443.3M	442.8M	505.1M
Net debt	353.9M	275.5M	185.4M	150.4M	321.9M	315.9M	331.9M	408.4M	419.8M	475.1M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	34.7M	34.9M	30.5M	35M	26.9M	23.1M	32.7M	30.3M	33.6M	30M	1.3B	1.2B
Receivables	165.8M	148M	162.7M	169.7M	163.3M	164.8M	183.8M	203.8M	192.1M	111.3M	128.6M	153.6M
Inventory	182.3M	192.4M	206.3M	208.6M	213.9M	209.2M	218.9M	216.9M	227.2M	108.7M	117.3M	116.5M
Total current assets	407.4M	397.4M	427.7M	438.9M	435.3M	426.6M	464.9M	489.1M	483.2M	462.7M	1.6B	1.5B
Property, plant & equipment	263.6M	274M	274.2M	269.8M	276M	265.4M	278.4M	290.5M	291.1M	212.7M	215.7M	210.3M
Goodwill & intangibles	1.1B	1.1B	1.1B	1.1B	1.1B	1B	1.1B	1.1B	1.1B	753.7M	744.8M	739.3M
Total assets	1.3B	1.3B	1.4B	1.4B	1.4B	1.3B	1.4B	1.4B	1.4B	1.5B	2.3B	2.2B
Accounts payable	81.5M	91.9M	82.3M	90.7M	80.8M	91M	87.4M	102.7M	90.3M	72.3M	267.2M	223.4M
Short-term debt	8.8M	7.9M	8M	7.9M	8M	8M	9.1M	9.7M	9.6M	4.1M	7.2M	8M
Total current liabilities	157.6M	159.4M	156.8M	155.7M	154M	159.4M	164.9M	188.8M	180.1M	183.7M	327.5M	284.2M
Long-term debt	436.6M	435.4M	462.9M	463.4M	448.5M	434.8M	474.7M	465.1M	445.3M	501M	432.1M	429.8M
Total liabilities	667M	658.7M	691.3M	689.9M	685.1M	656.9M	707.2M	730.1M	708.8M	779.5M	847.3M	803M
Shareholders' equity	675M	683M	673.2M	675.9M	682.8M	667.3M	686.6M	715.3M	725M	705.6M	1.4B	1.4B
Total debt	445.4M	443.3M	470.9M	471.3M	456.5M	442.8M	483.8M	474.8M	454.9M	505.1M	439.3M	437.8M
Net debt	410.7M	408.4M	440.4M	436.3M	429.6M	419.8M	451.1M	444.5M	421.3M	475.1M	-870.3M	-804.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-39.8M	31M	83.3M	98.6M	-79.8M	57.3M	66.2M	40.4M	24.3M	120.1M
Depreciation & amortization	44.9M	40.3M	40.5M	43.5M	49.8M	53.5M	53.2M	57.6M	64.9M	57M
Stock-based compensation	6.9M	6.8M	7.2M	6.5M	8.2M	9.5M	9.8M	9.7M	7M	11.5M
Change in working capital	14.7M	10.8M	-21.4M	4M	13.6M	-12.1M	-13.6M	-12.6M	-32.9M	4M
Operating cash flow	-3.2M	120.4M	107M	115.3M	-17.4M	126.9M	117.5M	94.2M	67.3M	117.5M
Capital expenditure	220K	4.5M	250K	—	—	220K	28.8M	480K	4M	-48.4M
Investing cash flow	220K	8.9M	310K	61M	-191.6M	-34.1M	-9.1M	-80.2M	4M	-86.1M
Dividends paid	—	—	—	0	0	-1.7M	-6.9M	-6.7M	-6.6M	-6.6M
Share repurchases	-1.6M	-510K	-14.5M	-40.1M	-42M	-24.3M	-39.3M	-21.5M	-19.3M	-103.3M
Financing cash flow	-79M	-196.8M	-35.8M	-40.6M	54.3M	-36.9M	-46.2M	-30.4M	-26.9M	-44.5M
Net change in cash	-82M	-67.5M	71.6M	135.6M	-154.7M	56M	62.3M	-16.4M	44.5M	-13.1M
Free cash flow	49.1M	86.3M	105.9M	45.9M	86.9M	89.2M	26.6M	34M	12.8M	69.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	9.3M	81.7M	800.8M	13.4M
Depreciation & amortization	13.9M	13.9M	14.2M	14.2M	14.2M	22.3M	13.8M	14.4M	14.5M	14.3M	14.5M	9.9M
Stock-based compensation	—	—	—	—	—	—	—	—	3.3M	3.2M	3.1M	2.3M
Change in working capital	—	—	—	—	—	—	—	—	1.7M	24.2M	-39.6M	-24.7M
Operating cash flow	13.9M	13.9M	14.2M	14.2M	14.2M	22.3M	13.8M	14.4M	36.5M	41.5M	-19.4M	-38.5M
Capital expenditure	—	—	—	—	—	—	—	—	-13.7M	-4.7M	-5.2M	-7.9M
Investing cash flow	—	—	—	—	—	—	—	—	-35.4M	-4.7M	1.4B	-7.5M
Dividends paid	—	—	—	—	—	—	—	—	-1.7M	-1.7M	-1.5M	-1.5M
Share repurchases	—	—	—	—	—	—	—	—	0	-101.1M	-54.5M	-18.9M
Financing cash flow	—	—	—	—	—	—	—	—	-19.4M	-40.5M	-128.9M	-20.1M
Net change in cash	13.9M	13.9M	14.2M	14.2M	14.2M	22.3M	13.8M	14.4M	-18.4M	-3.7M	1.3B	-66.2M
Free cash flow	—	—	—	—	—	—	—	—	22.8M	36.8M	-24.6M	-46.4M

TriMas Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement