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.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 21.4% | 21.6% | 22.5% | 23.6% | 25.3% | 23.6% |
| Operating margin | 6.4% | 5.1% | 7.3% | 11.2% | 11.1% | -11.5% |
| EBITDA margin | 12.5% | 12.1% | 13.8% | 17.2% | 17.3% | -5.0% |
| Net margin | 18.6% | 2.6% | 4.5% | 7.5% | 6.7% | -10.4% |
| Free cash flow margin | 10.7% | 1.4% | 3.8% | 3.0% | 10.4% | 11.3% |
| FCF / Net income | 0.58 | 0.53 | 0.84 | 0.40 | 1.56 | -1.09 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 20.0% | 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 assets | 8.1% | 1.8% | 3.0% | 5.1% | 4.4% | -6.7% |
| Return on equity | 17.0% | 3.6% | 5.9% | 10.2% | 9.1% | -13.7% |
| Return on invested capital | 3.5% | 3.6% | 4.8% | 7.1% | 7.6% | -7.5% |
| Liquidity | ||||||
| Current ratio | 2.52 | 2.68 | 2.49 | 3.02 | 2.79 | 2.56 |
| Quick ratio | 1.93 | 1.36 | 1.29 | 1.85 | 1.80 | 1.48 |
| Cash ratio | 0.16 | 0.14 | 0.22 | 0.80 | 0.91 | 0.54 |
| Leverage | ||||||
| Debt / Equity | 0.67 | 0.60 | 0.59 | 0.61 | 0.63 | 0.60 |
| Debt / Assets | 0.32 | 0.30 | 0.30 | 0.31 | 0.31 | 0.29 |
| Debt / EBITDA | 5.84 | 3.58 | 3.25 | 2.63 | 2.69 | - |
| Interest coverage | 2.3x | 2.4x | 4.1x | 7.0x | 6.6x | -6.0x |
| Equity multiplier | 2.10 | 1.98 | 1.96 | 2.00 | 2.07 | 2.04 |
| Liabilities / Assets | 0.52 | 0.50 | 0.49 | 0.50 | 0.52 | 0.51 |
| Efficiency | ||||||
| Asset turnover | 0.43 | 0.70 | 0.67 | 0.68 | 0.66 | 0.64 |
| Inventory turnover | 4.67 | 3.47 | 3.60 | 4.14 | 4.20 | 3.94 |
| Days sales outstanding | 63d | 65d | 60d | 55d | 53d | 54d |
| Days inventory outstanding | 78d | 105d | 101d | 88d | 87d | 93d |
| Days payable outstanding | 52d | 46d | 48d | 46d | 50d | 43d |
| Cash conversion cycle | 89d | 124d | 113d | 97d | 90d | 103d |
| Valuation | ||||||
| P / E | 12.0x | 41.7x | 26.1x | 17.8x | 28.0x | - |
| P / B | 2.0x | 1.5x | 1.5x | 1.8x | 2.5x | 2.4x |
| P / S | 2.2x | 1.1x | 1.2x | 1.3x | 1.9x | 1.8x |
| EV / EBITDA | 23.3x | 12.4x | 11.6x | 9.6x | 12.5x | - |
| 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 totalPackaging Reportable Segment$535.54M · 82.9%
Specialty Products Reportable Segment$110.18M · 17.1%
Geographic
$883.45M totalUS$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
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-date | Per 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 |