Trimas Corp Financials

TRS

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Key Financial Metrics

Revenue

$925.0M

YoY+3.5%

5Y CAGR+5.0%

10Y CAGR+0.4%

Trimas Corp generated $925.0M in revenue in fiscal year 2024. This represents an increase of 3.5% from the prior year.

EBITDA

$112.1M

YoY-8.9%

5Y CAGR-3.6%

10Y CAGR-1.0%

Trimas Corp's EBITDA was $112.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.9% from the prior year.

Free Cash Flow

$12.8M

YoY-62.3%

5Y CAGR-22.5%

10Y CAGR-18.6%

Trimas Corp generated $12.8M in free cash flow in fiscal year 2024, representing cash available after capital expenditures. This represents a decrease of 62.3% from the prior year.

Net Income

$24.3M

YoY-39.9%

5Y CAGR-24.5%

10Y CAGR-9.9%

Trimas Corp reported $24.3M in net income in fiscal year 2024. This represents a decrease of 39.9% from the prior year.

EPS (Diluted)

$0.59

YoY-39.2%

5Y CAGR-22.9%

10Y CAGR-9.0%

Trimas Corp earned $0.59 per diluted share in fiscal year 2024. This represents a decrease of 39.2% from the prior year.

Cash & Debt

$23.1M

YoY-33.9%

5Y CAGR-33.1%

10Y CAGR-0.6%

Trimas Corp held $23.1M in cash against $398.1M in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.04

YoY+0.0%

Trimas Corp paid $0.04 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

41M

YoY-1.5%

5Y CAGR-1.9%

10Y CAGR-1.1%

Trimas Corp had 41M shares outstanding in fiscal year 2024. This represents a decrease of 1.5% from the prior year.

Gross Margin

21.6%

YoY-1.0pp

5Y CAGR-5.2pp

10Y CAGR-5.1pp

Trimas Corp's gross margin was 21.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.0 percentage points from the prior year.

Operating Margin

5.1%

YoY-2.2pp

5Y CAGR-7.5pp

10Y CAGR-4.7pp

Trimas Corp's operating margin was 5.1% in fiscal year 2024, reflecting core business profitability. This is down 2.2 percentage points from the prior year.

Net Margin

2.6%

YoY-1.9pp

5Y CAGR-11.0pp

10Y CAGR-5.1pp

Trimas Corp's net profit margin was 2.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.9 percentage points from the prior year.

Return on Equity

3.6%

YoY-2.3pp

5Y CAGR-10.5pp

10Y CAGR-8.0pp

Trimas Corp's return on equity was 3.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 2.3 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$19.3M

YoY+2.6%

5Y CAGR-12.1%

Trimas Corp spent $19.3M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 2.6% from the prior year.

Capital Expenditures

$51.0M

YoY-6.0%

5Y CAGR+11.4%

10Y CAGR+8.3%

Trimas Corp invested $51.0M in capital expenditures in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 6.0% from the prior year.

TRS Income Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Revenue	$925.0M+3.5%	$893.5M+1.1%	$883.8M+3.1%	$857.1M+11.3%	$770.0M+6.4%	$723.5M
Cost of Revenue	$725.5M+4.8%	$692.2M+2.5%	$675.5M+5.6%	$639.9M+8.9%	$587.9M+11.0%	$529.6M
Gross Profit	$199.5M-0.9%	$201.3M-3.4%	$208.3M-4.1%	$217.2M+19.3%	$182.1M-6.1%	$193.9M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$153.0M+13.7%	$134.6M+2.6%	$131.2M+7.6%	$122.0M-9.3%	$134.5M+31.2%	$102.5M
Operating Income	$47.2M-27.9%	$65.4M-33.9%	$99.1M+4.2%	$95.1M+207.7%	-$88.3M-196.8%	$91.2M
Interest Expense	$19.6M+22.9%	$15.9M+12.8%	$14.1M-2.8%	$14.5M-1.0%	$14.7M+5.1%	$13.9M
Income Tax	$5.8M-43.4%	$10.2M-52.4%	$21.5M+82.2%	$11.8M+151.4%	-$22.9M-240.6%	$16.3M
Net Income	$24.3M-39.9%	$40.4M-39.0%	$66.2M+15.5%	$57.3M+171.9%	-$79.8M-180.9%	$98.6M
EPS (Diluted)	$0.59-39.2%	$0.97-37.8%	$1.56+18.2%	$1.32+172.1%	$-1.83-184.7%	$2.16

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$269.3M-2.0%	$274.8M+13.7%	$241.7M	N/A	$229.4M-4.6%	$240.5M+5.9%	$227.1M	N/A
Cost of Revenue	$203.3M-0.8%	$205.0M+11.0%	$184.6M	N/A	$177.7M-4.7%	$186.5M+6.9%	$174.4M	N/A
Gross Profit	$65.9M-5.5%	$69.7M+22.3%	$57.0M	N/A	$51.7M-4.3%	$54.0M+2.5%	$52.7M	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$41.1M-3.4%	$42.6M+5.0%	$40.5M	N/A	$39.0M+7.9%	$36.1M-10.5%	$40.3M	N/A
Operating Income	$16.6M-38.8%	$27.1M+24.6%	$21.8M	N/A	$8.3M-53.6%	$17.9M+43.5%	$12.4M	N/A
Interest Expense	$4.4M-4.0%	$4.5M+0.7%	$4.5M	N/A	$4.9M-6.9%	$5.2M+5.9%	$4.9M	N/A
Income Tax	$2.8M-49.9%	$5.6M+18.8%	$4.7M	N/A	$860K-50.3%	$1.7M-15.6%	$2.0M	N/A
Net Income	$9.3M-44.4%	$16.7M+34.6%	$12.4M	N/A	$2.5M-76.9%	$10.9M+112.8%	$5.1M	N/A
EPS (Diluted)	$0.23-43.9%	$0.41+36.7%	$0.30	N/A	$0.06-77.8%	$0.27+125.0%	$0.12	N/A

TRS Balance Sheet

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Total Assets	$1.3B-1.3%	$1.3B+2.8%	$1.3B+0.1%	$1.3B+9.2%	$1.2B+0.1%	$1.2B
Current Assets	$426.6M+7.4%	$397.4M-6.0%	$422.7M-2.1%	$431.8M+22.7%	$351.8M-18.9%	$434.0M
Cash & Equivalents	$23.1M-33.9%	$34.9M-68.9%	$112.1M-20.4%	$140.7M+90.3%	$74.0M-57.1%	$172.5M
Inventory	$209.2M+8.7%	$192.4M+17.8%	$163.4M+7.2%	$152.4M+2.1%	$149.4M+12.6%	$132.7M
Accounts Receivable	$164.8M+11.3%	$148.0M+11.8%	$132.4M+5.4%	$125.6M+10.8%	$113.4M+4.2%	$108.9M
Goodwill	$356.4M-2.0%	$363.8M+7.1%	$339.8M+7.7%	$315.5M+3.8%	$304.0M-9.2%	$334.6M
Total Liabilities	$656.9M-0.3%	$658.7M+0.8%	$653.2M-2.9%	$672.8M+10.4%	$609.6M+23.1%	$495.2M
Current Liabilities	$159.4M0.0%	$159.4M+13.8%	$140.2M-9.5%	$154.9M+12.9%	$137.2M+14.5%	$119.8M
Long-Term Debt	$398.1M+0.6%	$395.7M+0.2%	$394.7M+0.2%	$393.8M+13.7%	$346.3M+17.5%	$294.7M
Total Equity	$667.3M-2.3%	$683.0M+4.8%	$651.8M+3.3%	$630.9M+8.0%	$584.3M-16.2%	$697.5M
Retained Earnings	$21.7M+412.3%	$4.2M+111.7%	-$36.1M+64.7%	-$102.3M+35.9%	-$159.6M-99.9%	-$79.8M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$1.4B-0.8%	$1.4B+3.7%	$1.4B+5.3%	$1.3B-3.2%	$1.4B+0.1%	$1.4B+0.1%	$1.4B+1.7%	$1.3B
Current Assets	$483.2M-1.2%	$489.1M+5.2%	$464.9M+9.0%	$426.6M-2.0%	$435.3M-0.8%	$438.9M+2.6%	$427.7M+7.6%	$397.4M
Cash & Equivalents	$33.6M+11.1%	$30.3M-7.4%	$32.7M+41.8%	$23.1M-14.3%	$26.9M-23.1%	$35.0M+14.9%	$30.5M-12.7%	$34.9M
Inventory	$227.2M+4.8%	$216.9M-0.9%	$218.9M+4.6%	$209.2M-2.2%	$213.9M+2.5%	$208.6M+1.1%	$206.3M+7.2%	$192.4M
Accounts Receivable	$192.1M-5.7%	$203.8M+10.8%	$183.8M+11.5%	$164.8M+1.0%	$163.3M-3.8%	$169.7M+4.3%	$162.7M+9.9%	$148.0M
Goodwill	$387.0M-0.4%	$388.5M+3.1%	$377.0M+5.8%	$356.4M-2.4%	$365.1M+1.3%	$360.4M-0.2%	$361.3M-0.7%	$363.8M
Total Liabilities	$708.8M-2.9%	$730.1M+3.2%	$707.2M+7.7%	$656.9M-4.1%	$685.1M-0.7%	$689.9M-0.2%	$691.3M+4.9%	$658.7M
Current Liabilities	$180.1M-4.6%	$188.8M+14.4%	$164.9M+3.4%	$159.4M+3.5%	$154.0M-1.1%	$155.7M-0.7%	$156.8M-1.7%	$159.4M
Long-Term Debt	$407.1M-4.1%	$424.5M-2.2%	$434.2M+9.1%	$398.1M-2.9%	$409.9M-4.1%	$427.4M+0.6%	$424.9M+7.4%	$395.7M
Total Equity	$725.0M+1.4%	$715.3M+4.2%	$686.6M+2.9%	$667.3M-2.3%	$682.8M+1.0%	$675.9M+0.4%	$673.2M-1.4%	$683.0M
Retained Earnings	$55.1M+16.1%	$47.4M+46.1%	$32.5M+49.8%	$21.7M+22.6%	$17.7M+4.8%	$16.9M+121.1%	$7.6M+80.4%	$4.2M

TRS Cash Flow Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Operating Cash Flow	$63.8M-27.7%	$88.2M+21.5%	$72.6M-45.9%	$134.2M+5.3%	$127.4M+68.5%	$75.6M
Capital Expenditures	$51.0M-6.0%	$54.2M+17.9%	$46.0M+2.0%	$45.1M+11.3%	$40.5M+36.4%	$29.7M
Free Cash Flow	$12.8M-62.3%	$34.0M+27.7%	$26.6M-70.2%	$89.2M+2.6%	$86.9M+89.3%	$45.9M
Investing Cash Flow	-$47.0M+65.1%	-$134.4M-144.2%	-$55.0M+30.5%	-$79.2M+65.9%	-$232.1M-898.0%	$29.1M
Financing Cash Flow	-$28.6M+7.4%	-$30.9M+33.0%	-$46.2M-493.0%	$11.8M+91.4%	$6.1M+115.2%	-$40.4M
Dividends Paid	$6.6M-1.0%	$6.7M-2.6%	$6.9M+295.4%	$1.7M	$0	$0
Share Buybacks	$19.3M+2.6%	$18.8M-49.1%	$36.9M+93.4%	$19.1M-51.6%	$39.4M+7.3%	$36.7M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	$9.2M	N/A	N/A	N/A	-$3.7M	N/A
Capital Expenditures	$13.7M-19.8%	$17.0M+31.7%	$12.9M	N/A	$11.9M+9.3%	$10.9M-18.0%	$13.3M	N/A
Free Cash Flow	N/A	N/A	-$3.8M	N/A	N/A	N/A	-$16.9M	N/A
Investing Cash Flow	N/A	N/A	-$29.6M	N/A	N/A	N/A	-$13.1M	N/A
Financing Cash Flow	N/A	N/A	$30.1M	N/A	N/A	N/A	$12.4M	N/A
Dividends Paid	N/A	N/A	$1.6M	N/A	N/A	N/A	$1.7M	N/A
Share Buybacks	N/A	N/A	$460K	N/A	N/A	N/A	$13.3M	N/A

TRS Financial Ratios

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Gross Margin	21.6%-1.0pp	22.5%-1.0pp	23.6%-1.8pp	25.3%+1.7pp	23.6%-3.2pp	26.8%
Operating Margin	5.1%-2.2pp	7.3%-3.9pp	11.2%+0.1pp	11.1%+22.6pp	-11.5%-24.1pp	12.6%
Net Margin	2.6%-1.9pp	4.5%-3.0pp	7.5%+0.8pp	6.7%+17.0pp	-10.4%-24.0pp	13.6%
Return on Equity	3.6%-2.3pp	5.9%-4.2pp	10.2%+1.1pp	9.1%	N/A	14.1%
Return on Assets	1.8%-1.2pp	3.0%-2.1pp	5.1%+0.7pp	4.4%+11.1pp	-6.7%-14.9pp	8.3%
Current Ratio	2.68+0.2	2.49-0.5	3.02+0.2	2.79+0.2	2.56-1.1	3.62
Debt-to-Equity	0.60+0.0	0.58-0.0	0.61-0.0	0.62+0.0	0.59+0.2	0.42
FCF Margin	1.4%-2.4pp	3.8%+0.8pp	3.0%-7.4pp	10.4%-0.9pp	11.3%+4.9pp	6.3%

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	24.5%-0.9pp	25.4%+1.8pp	23.6%	N/A	22.5%+0.1pp	22.5%-0.8pp	23.2%	N/A
Operating Margin	6.2%-3.7pp	9.9%+0.9pp	9.0%	N/A	3.6%-3.8pp	7.4%+1.9pp	5.5%	N/A
Net Margin	3.5%-2.6pp	6.1%+1.0pp	5.1%	N/A	1.1%-3.5pp	4.5%+2.3pp	2.3%	N/A
Return on Equity	1.3%-1.1pp	2.3%+0.5pp	1.8%	N/A	0.4%-1.3pp	1.6%+0.9pp	0.8%	N/A
Return on Assets	0.7%-0.5pp	1.2%+0.3pp	0.9%	N/A	0.2%-0.6pp	0.8%+0.4pp	0.4%	N/A
Current Ratio	2.68+0.1	2.59-0.2	2.82+0.1	2.68-0.2	2.830.0	2.82+0.1	2.73+0.2	2.49
Debt-to-Equity	0.56-0.0	0.59-0.0	0.63+0.0	0.600.0	0.60-0.0	0.630.0	0.63+0.1	0.58
FCF Margin	N/A	N/A	-1.6%	N/A	N/A	N/A	-7.5%	N/A

Frequently Asked Questions

What is Trimas Corp's annual revenue?

Trimas Corp (TRS) reported $925.0M in revenue for fiscal year 2024.

How fast is Trimas Corp's revenue growing?

Trimas Corp (TRS) revenue grew by 3.5% year-over-year, from $893.5M to $925.0M in fiscal year 2024.

Is Trimas Corp profitable?

Yes, Trimas Corp (TRS) reported a net income of $24.3M in fiscal year 2024, with a net profit margin of 2.6%.

What is Trimas Corp's earnings per share (EPS)?

Trimas Corp (TRS) reported diluted earnings per share of $0.59 for fiscal year 2024.

What is Trimas Corp's EBITDA?

Trimas Corp (TRS) had EBITDA of $112.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Trimas Corp have?

As of fiscal year 2024, Trimas Corp (TRS) had $23.1M in cash and equivalents against $398.1M in long-term debt.

What is Trimas Corp's gross margin?

Trimas Corp (TRS) had a gross margin of 21.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Trimas Corp's operating margin?

Trimas Corp (TRS) had an operating margin of 5.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Trimas Corp's net profit margin?

Trimas Corp (TRS) had a net profit margin of 2.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Trimas Corp pay dividends?

Yes, Trimas Corp (TRS) paid $0.04 per share in dividends during fiscal year 2024.

What is Trimas Corp's return on equity (ROE)?

Trimas Corp (TRS) has a return on equity of 3.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Trimas Corp's free cash flow?

Trimas Corp (TRS) generated $12.8M in free cash flow during fiscal year 2024, representing cash available after capital expenditures.

What is Trimas Corp's operating cash flow?

Trimas Corp (TRS) generated $63.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Trimas Corp's total assets?

Trimas Corp (TRS) had $1.3B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Trimas Corp's capital expenditures?

Trimas Corp (TRS) invested $51.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Trimas Corp buy back shares?

Yes, Trimas Corp (TRS) spent $19.3M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Trimas Corp have outstanding?

Trimas Corp (TRS) had 41M shares outstanding as of fiscal year 2024.

What is Trimas Corp's current ratio?

Trimas Corp (TRS) had a current ratio of 2.68 as of fiscal year 2024, which is generally considered healthy.

What is Trimas Corp's debt-to-equity ratio?

Trimas Corp (TRS) had a debt-to-equity ratio of 0.60 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Trimas Corp's return on assets (ROA)?

Trimas Corp (TRS) had a return on assets of 1.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.