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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $724.70M | - | $743.20M | $784.30M | $784.80M | - | $867.70M | $920.00M | $904.00M | - |
| Cost of Revenue | $663.00M | - | $705.80M | $747.70M | $721.00M | - | $787.10M | $851.60M | $843.40M | - |
| Gross Profit | $61.70M | - | $37.40M | $36.60M | $63.80M | - | $80.60M | $68.40M | $60.60M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $87.40M | - | $63.20M | $78.10M | $91.00M | - | $97.00M | $70.10M | $70.10M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $49.80M | - | $56.40M | $59.80M | $36.00M | - | $48.30M | $46.60M | $45.00M | - |
| Operating Income | ($23.60M) | - | ($28.20M) | ($33.30M) | ($29.00M) | - | ($12.40M) | $13.90M | ($3.30M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $9.40M | - | $8.30M | $2.50M | $6.60M | - | $3.40M | $20.30M | $5.40M | - |
| Net Income | ($115.90M) | - | ($109.70M) | ($105.50M) | ($79.00M) | - | ($87.30M) | ($67.80M) | ($75.50M) | - |
| EPS - Basic | ($3.20) | - | ($3.05) | ($2.95) | ($2.22) | - | ($2.47) | ($1.92) | ($2.14) | - |
| EPS - Diluted | ($3.20) | - | ($3.05) | ($2.95) | ($2.22) | - | ($2.47) | ($1.92) | ($2.14) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $110.60M | $146.70M | $112.10M | $137.00M | $126.10M | $209.80M | $165.30M | $105.60M | $166.40M | $259.10M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $323.40M | $316.00M | $351.40M | $378.00M | $383.70M | $347.20M | $434.80M | $410.40M | $431.20M | $404.70M |
| Accounts Payable | $219.80M | $283.90M | $285.80M | $331.80M | $318.50M | $263.10M | $392.10M | $425.80M | $478.90M | $449.70M |
| Current Assets | $943.70M | $864.70M | $922.40M | $1.01B | $1.04B | $988.20M | $1.12B | $1.09B | $1.20B | $1.19B |
| Total Assets | $2.31B | $2.28B | $2.49B | $2.63B | $2.65B | $2.64B | $2.88B | $2.85B | $2.99B | $3.03B |
| Current Liabilities | $3.20B | $714.70M | $674.20M | $707.70M | $689.30M | $720.90M | $814.20M | $662.10M | $732.00M | $672.60M |
| Long-term Debt | $2.20M | $2.33B | $2.33B | $2.32B | $2.31B | $2.20B | $2.19B | $2.28B | $2.28B | $2.28B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | ($1.22B) | ($1.10B) | ($861.60M) | ($750.30M) | ($679.20M) | ($619.90M) | ($480.00M) | ($413.80M) | ($348.00M) | ($268.00M) |
| Retained Earnings | ($1.46B) | ($1.34B) | ($1.09B) | ($978.10M) | ($872.20M) | ($792.80M) | ($674.60M) | ($586.90M) | ($518.80M) | ($443.00M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($232.90M) | - | - | - | ($110.20M) | - | - | - | ($66.20M) | - |
| Investing Cash Flow | ($7.70M) | - | - | - | ($8.70M) | - | - | - | ($11.00M) | - |
| Financing Cash Flow | $207.80M | - | - | - | $32.80M | - | - | - | ($9.20M) | - |
| CapEx | $11.30M | - | - | - | $8.70M | - | - | - | $15.70M | - |
| Free Cash Flow | ($244.20M) | - | - | - | ($118.90M) | - | - | - | ($81.90M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 8.5% | - | 5.0% | 4.7% | 8.1% | - | 9.3% | 7.4% | 6.7% | - |
| Operating margin | -3.3% | - | -3.8% | -4.2% | -3.7% | - | -1.4% | 1.5% | -0.4% | - |
| EBITDA margin | 3.6% | - | 3.8% | 3.4% | 0.9% | - | 4.1% | 6.6% | 4.6% | - |
| Net margin | -16.0% | - | -14.8% | -13.5% | -10.1% | - | -10.1% | -7.4% | -8.4% | - |
| Free cash flow margin | -33.7% | - | - | - | -15.2% | - | - | - | -9.1% | - |
| FCF / Net income | 2.11 | - | - | - | 1.51 | - | - | - | 1.08 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 12.1% | - | 8.5% | 10.0% | 11.6% | - | 11.2% | 7.6% | 7.8% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -5.0% | - | -4.4% | -4.0% | -3.0% | - | -3.0% | -2.4% | -2.5% | - |
| Return on equity | 9.5% | - | 12.7% | 14.1% | 11.6% | - | 18.2% | 16.4% | 21.7% | - |
| Return on invested capital | - | - | -1.5% | -1.7% | -1.4% | - | -0.6% | 0.6% | -0.1% | - |
| Liquidity | ||||||||||
| Current ratio | 0.29 | 1.21 | 1.37 | 1.42 | 1.50 | 1.37 | 1.38 | 1.65 | 1.63 | 1.78 |
| Quick ratio | 0.19 | 0.77 | 0.85 | 0.89 | 0.95 | 0.89 | 0.84 | 1.03 | 1.05 | 1.17 |
| Cash ratio | 0.03 | 0.21 | 0.17 | 0.19 | 0.18 | 0.29 | 0.20 | 0.16 | 0.23 | 0.39 |
| Leverage | ||||||||||
| Debt / Equity | -0.00 | -2.12 | -2.71 | -3.09 | -3.39 | -3.55 | -4.56 | -5.50 | -6.54 | -8.50 |
| Debt / Assets | 0.00 | 1.02 | 0.94 | 0.88 | 0.87 | 0.83 | 0.76 | 0.80 | 0.76 | 0.75 |
| Debt / EBITDA | 0.08 | - | 82.73 | 87.59 | 329.30 | - | 60.93 | 37.62 | 54.60 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -1.89 | -2.08 | -2.89 | -3.51 | -3.91 | -4.27 | -6.01 | -6.88 | -8.59 | -11.30 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.31 | - | 0.30 | 0.30 | 0.30 | - | 0.30 | 0.32 | 0.30 | - |
| Inventory turnover | 2.05 | - | 2.01 | 1.98 | 1.88 | - | 1.81 | 2.08 | 1.96 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 178d | - | 182d | 185d | 194d | - | 202d | 176d | 187d | - |
| Days payable outstanding | 121d | - | 148d | 162d | 161d | - | 182d | 183d | 207d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -7.7% | - | -14.3% | -14.8% | -13.2% | - | -1.3% | -4.4% | -9.3% | - |
| Revenue CAGR (3y) | -10.1% | - | -14.2% | -18.1% | -17.3% | - | -11.9% | -10.3% | -6.1% | - |
| Revenue CAGR (5y) | -7.9% | - | -0.2% | 6.6% | -1.7% | - | -1.2% | -0.7% | -2.3% | - |
| Gross profit growth (YoY) | -3.3% | - | -53.6% | -46.5% | 5.3% | - | 157.5% | 27.6% | 62.9% | - |
| Operating income growth (YoY) | 18.6% | - | -127.4% | - | -778.8% | - | 24.4% | - | 89.1% | - |
| Net income growth (YoY) | -46.7% | - | -25.7% | -55.6% | -4.6% | - | -127.3% | 80.6% | -54.4% | - |
| EPS growth (YoY) | -44.1% | - | -23.5% | -53.6% | -3.7% | - | -126.6% | 80.7% | -52.9% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -105.4% | - | - | - | -45.2% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -80.1% | -77.1% | -79.5% | -81.3% | -95.2% | -131.3% | -2143.0% | - | - | - |
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%
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.