CoverageForm 410-K10-Q8-K13D13G13F

TRS · Trimas Corp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · TRS

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$645.72M$925.01M$893.55M$883.83M$857.11M$769.97M
Cost of Revenue$507.56M$725.55M$692.23M$675.53M$639.92M$587.89M
Gross Profit$138.16M$199.46M$201.32M$208.30M$217.19M$182.08M
R&D------
SG&A$129.31M$153.04M$134.58M$131.19M$121.97M$134.48M
Total Operating Expenses------
D&A$39.71M$64.92M$57.59M$53.22M$53.45M$49.77M
Operating Income$41.30M$47.19M$65.44M$99.06M$95.09M($88.29M)
Interest Expense$18.03M$19.56M$15.92M$14.11M$14.51M$14.66M
Income Tax($48.05M)$5.79M$10.23M$21.50M$11.80M($22.95M)
Net Income$120.14M$24.25M$40.36M$66.17M$57.31M($79.76M)
EPS - Basic$2.97$0.60$0.97$1.57$1.33($1.83)
EPS - Diluted$2.95$0.59$0.97$1.56$1.32($1.83)

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$30.02M$23.07M$34.89M$112.09M$140.74M$73.95M
Accounts Receivable$111.27M$164.82M$148.03M$132.37M$125.63M$113.41M
Inventory$108.72M$209.19M$192.45M$163.36M$152.45M$149.38M
Accounts Payable$72.28M$91.05M$91.91M$85.21M$87.80M$69.91M
Current Assets$462.67M$426.64M$397.38M$422.66M$431.77M$351.83M
Total Assets$1.49B$1.32B$1.34B$1.30B$1.30B$1.19B
Current Liabilities$183.67M$159.43M$159.45M$140.15M$154.90M$137.19M
Long-term Debt$472.79M$401.50M$400.00M$400.00M$400.00M$350.45M
Total Liabilities$779.49M$656.88M$658.71M$653.17M$672.79M$609.63M
Stockholders' Equity$705.59M$667.30M$682.95M$651.83M$630.85M$584.25M
Retained Earnings$127.41M$21.67M$4.23M($36.13M)($102.30M)($159.61M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$117.45M$63.78M$88.16M$72.57M$134.22M$127.41M
Investing Cash Flow($64.05M)($46.96M)($134.42M)($55.04M)($79.18M)($232.07M)
Financing Cash Flow($46.45M)($28.64M)($30.94M)($46.18M)$11.75M$6.14M
CapEx$48.35M$50.96M$54.19M$45.96M$45.06M$40.48M
Free Cash Flow$69.10M$12.82M$33.97M$26.61M$89.16M$86.93M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin21.4%21.6%22.5%23.6%25.3%23.6%
Operating margin6.4%5.1%7.3%11.2%11.1%-11.5%
EBITDA margin12.5%12.1%13.8%17.2%17.3%-5.0%
Net margin18.6%2.6%4.5%7.5%6.7%-10.4%
Free cash flow margin10.7%1.4%3.8%3.0%10.4%11.3%
FCF / Net income0.580.530.840.401.56-1.09
R&D / Revenue------
SG&A / Revenue20.0%16.5%15.1%14.8%14.2%17.5%
Effective tax rate-66.7%19.3%20.2%24.5%17.1%-
Return on assets8.1%1.8%3.0%5.1%4.4%-6.7%
Return on equity17.0%3.6%5.9%10.2%9.1%-13.7%
Return on invested capital3.5%3.6%4.8%7.1%7.6%-7.5%
Liquidity
Current ratio2.522.682.493.022.792.56
Quick ratio1.931.361.291.851.801.48
Cash ratio0.160.140.220.800.910.54
Leverage
Debt / Equity0.670.600.590.610.630.60
Debt / Assets0.320.300.300.310.310.29
Debt / EBITDA5.843.583.252.632.69-
Interest coverage2.3x2.4x4.1x7.0x6.6x-6.0x
Equity multiplier2.101.981.962.002.072.04
Liabilities / Assets0.520.500.490.500.520.51
Efficiency
Asset turnover0.430.700.670.680.660.64
Inventory turnover4.673.473.604.144.203.94
Days sales outstanding63d65d60d55d53d54d
Days inventory outstanding78d105d101d88d87d93d
Days payable outstanding52d46d48d46d50d43d
Cash conversion cycle89d124d113d97d90d103d
Valuation
P / E12.0x41.7x26.1x17.8x28.0x-
P / B2.0x1.5x1.5x1.8x2.5x2.4x
P / S2.2x1.1x1.2x1.3x1.9x1.8x
EV / EBITDA23.3x12.4x11.6x9.6x12.5x-
Growth
Revenue growth (YoY)-30.2%3.5%1.1%3.1%11.3%6.4%
Revenue CAGR (3y)-9.9%2.6%5.1%6.9%-0.8%-2.0%
Revenue CAGR (5y)-3.5%5.0%0.4%1.6%1.5%-2.3%
Gross profit growth (YoY)-30.7%-0.9%-3.4%-4.1%19.3%-6.1%
Operating income growth (YoY)-12.5%-27.9%-33.9%4.2%--
Net income growth (YoY)395.4%-39.9%-39.0%15.5%--
EPS growth (YoY)400.0%-39.2%-37.8%18.2%--
EPS CAGR (3y)23.7%-23.5%--10.3%-9.8%-
EPS CAGR (5y)--22.9%-11.6%18.4%--
FCF growth (YoY)439.0%-62.3%27.7%-70.2%2.6%89.3%
FCF CAGR (5y)-4.5%-22.5%-20.1%-20.4%12.7%20.7%
Book value growth (YoY)5.7%-2.3%4.8%3.3%8.0%-16.2%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$645.72M total
Packaging Reportable Segment$535.54M · 82.9%
Specialty Products Reportable Segment$110.18M · 17.1%

Geographic

$883.45M total
US$407.99M · 46.2%
Non Us$237.73M · 26.9%
Europe$150.46M · 17.0%
Other Americas$52.51M · 5.9%
Asia Pacific$34.76M · 3.9%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.11
Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

4/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Metal Forgings & Stampings

CompanyRevenue (last FY)Net marginROE
MTRN$1.79B4.2%7.9%
PKOH$1.60B1.5%6.2%
MEC$546.49M-1.5%-3.4%

Comparing TRIMAS CORP against the 3 most active filers in the same SIC group.

Dividends

$0.16/share trailing 12 months · 0.0% YoY

Ex-datePer share
May 7, 2026$0.0400
Feb 27, 2026$0.0400
Nov 6, 2025$0.0400
Aug 5, 2025$0.0400
May 6, 2025$0.0400
Feb 28, 2025$0.0400
Nov 5, 2024$0.0400
Aug 6, 2024$0.0400
May 6, 2024$0.0400
Feb 29, 2024$0.0400
Nov 1, 2023$0.0400
Aug 2, 2023$0.0400
May 3, 2023$0.0400
Mar 1, 2023$0.0400
Nov 2, 2022$0.0400
Aug 3, 2022$0.0400
May 4, 2022$0.0400
Mar 3, 2022$0.0400
Nov 2, 2021$0.0400