TSE · Trinseo PLC - 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 | $2.97B | $3.51B | $3.68B | $4.97B | $4.83B | $3.04B |
| Cost of Revenue | $2.81B | $3.25B | $3.53B | $4.69B | $4.13B | $2.72B |
| Gross Profit | $165.90M | $265.60M | $142.30M | $272.30M | $698.90M | $315.60M |
| R&D | - | - | - | - | - | - |
| SG&A | $417.00M | $327.00M | $310.30M | $398.80M | $323.40M | $252.40M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $291.60M | $210.20M | $221.20M | $236.90M | $167.50M | $134.30M |
| Operating Income | ($254.20M) | ($46.00M) | ($455.40M) | ($363.90M) | $461.40M | $91.10M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $42.60M | $30.50M | $68.40M | ($41.60M) | $70.90M | $37.80M |
| Net Income | ($545.60M) | ($348.50M) | ($701.30M) | ($430.90M) | $440.00M | $7.90M |
| EPS - Basic | ($15.24) | ($9.86) | ($19.88) | ($11.99) | $11.37 | $0.20 |
| EPS - Diluted | ($15.24) | ($9.86) | ($19.88) | ($11.99) | $11.12 | $0.20 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $146.70M | $209.80M | $259.10M | $211.70M | $573.00M | $588.70M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $316.00M | $347.20M | $404.70M | $553.60M | $621.00M | $384.10M |
| Accounts Payable | $283.90M | $263.10M | $449.70M | $438.10M | $590.30M | $355.40M |
| Current Assets | $864.70M | $988.20M | $1.19B | $1.39B | $1.98B | $1.52B |
| Total Assets | $2.28B | $2.64B | $3.03B | $3.76B | $4.71B | $2.85B |
| Current Liabilities | $714.70M | $720.90M | $672.60M | $689.40M | $914.40M | $533.30M |
| Long-term Debt | $2.33B | $2.20B | $2.28B | $2.30B | $2.31B | $1.16B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | ($1.10B) | ($619.90M) | ($268.00M) | $420.30M | $1.01B | $590.30M |
| Retained Earnings | ($1.34B) | ($792.80M) | ($443.00M) | $264.50M | $741.80M | $739.20M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($102.40M) | ($14.20M) | $148.70M | $43.50M | $452.70M | $255.40M |
| Investing Cash Flow | ($41.00M) | ($55.10M) | ($31.70M) | ($164.00M) | ($1.54B) | ($24.20M) |
| Financing Cash Flow | $73.50M | $26.40M | ($66.00M) | ($233.70M) | $1.08B | ($104.30M) |
| CapEx | $51.00M | $63.30M | $69.70M | $148.20M | $117.70M | $82.30M |
| Free Cash Flow | ($153.40M) | ($77.50M) | $79.00M | ($104.70M) | $335.00M | $173.10M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 5.6% | 7.6% | 3.9% | 5.5% | 14.5% | 10.4% |
| Operating margin | -8.5% | -1.3% | -12.4% | -7.3% | 9.6% | 3.0% |
| EBITDA margin | 1.3% | 4.7% | -6.4% | -2.6% | 13.0% | 7.4% |
| Net margin | -18.3% | -9.9% | -19.1% | -8.7% | 9.1% | 0.3% |
| Free cash flow margin | -5.2% | -2.2% | 2.1% | -2.1% | 6.9% | 5.7% |
| FCF / Net income | 0.28 | 0.22 | -0.11 | 0.24 | 0.76 | 21.91 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 14.0% | 9.3% | 8.4% | 8.0% | 6.7% | 8.3% |
| Effective tax rate | - | - | - | - | 13.9% | 82.7% |
| Return on assets | -23.9% | -13.2% | -23.2% | -11.5% | 9.3% | 0.3% |
| Return on equity | 49.7% | 56.2% | 261.7% | -102.5% | 43.4% | 1.3% |
| Return on invested capital | -16.3% | -2.3% | -17.9% | -10.6% | 12.0% | 2.6% |
| Liquidity | ||||||
| Current ratio | 1.21 | 1.37 | 1.78 | 2.02 | 2.16 | 2.84 |
| Quick ratio | 0.77 | 0.89 | 1.17 | 1.21 | 1.48 | 2.12 |
| Cash ratio | 0.21 | 0.29 | 0.39 | 0.31 | 0.63 | 1.10 |
| Leverage | ||||||
| Debt / Equity | -2.12 | -3.55 | -8.50 | 5.48 | 2.28 | 1.96 |
| Debt / Assets | 1.02 | 0.83 | 0.75 | 0.61 | 0.49 | 0.41 |
| Debt / EBITDA | 62.37 | 13.40 | - | - | 3.67 | 5.14 |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | -2.08 | -4.27 | -11.30 | 8.95 | 4.65 | 4.82 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 1.30 | 1.33 | 1.21 | 1.32 | 1.02 | 1.07 |
| Inventory turnover | 8.89 | 9.35 | 8.73 | 8.48 | 6.65 | 7.08 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 41d | 39d | 42d | 43d | 55d | 52d |
| Days payable outstanding | 37d | 30d | 46d | 34d | 52d | 48d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -15.3% | -4.4% | -26.0% | 2.9% | 59.0% | -19.6% |
| Revenue CAGR (3y) | -15.7% | -10.1% | 6.6% | 9.6% | 9.1% | -12.0% |
| Revenue CAGR (5y) | -0.4% | -1.4% | -0.2% | 2.2% | 5.4% | -5.2% |
| Gross profit growth (YoY) | -37.5% | 86.6% | -47.7% | -61.0% | 121.5% | -4.0% |
| Operating income growth (YoY) | -452.6% | 89.9% | -25.1% | - | 406.5% | -38.4% |
| Net income growth (YoY) | -56.6% | 50.3% | -62.8% | - | 5469.6% | -91.4% |
| EPS growth (YoY) | -54.6% | 50.4% | -65.8% | - | 5460.0% | -91.2% |
| EPS CAGR (3y) | - | - | - | - | 18.4% | -69.9% |
| EPS CAGR (5y) | - | - | - | - | 10.7% | - |
| FCF growth (YoY) | -97.9% | - | - | - | 93.5% | -18.5% |
| FCF CAGR (5y) | - | - | -20.3% | - | 3.7% | -6.6% |
| Book value growth (YoY) | -77.1% | -131.3% | - | -58.5% | 71.6% | -11.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.97B totalPolymer Solutions$1.10B · 37.1%
Engineered Materials$1.08B · 36.4%
Latex$787.90M · 26.5%
Geographic
$1.08B totalUS$482.50M · 44.5%
Europe$371.80M · 34.3%
Asia Pacific$148.00M · 13.7%
Rest Of World$81.80M · 7.5%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
1/9
Weak
- ✗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: Plastic Materials, Synth Resins & Nonvulcan Elastomers
Comparing Trinseo PLC against the 5 most active filers in the same SIC group.