Trinseo PLC (TSEOF) Financials
Newest figures come from the 10-Q for Q1 FY2026, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TSEOF SEC filings page.
Trinseo PLC (TSEOF) reported $2.9B in revenue over the twelve months to Mar 31, 2026, down 14.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
Shrinking sales are exposing a cost structure that no longer scales, while debt remains largely undiminished and equity has turned deeply negative.
From FY2024 to FY2025, revenue fell15.3% while SG&A rose27.5% , pushing operating margin down 7.2 percentage points; this reflects cost pressure layered onto weaker demand. FY2025 operating cash flow was-$102M and free cash flow was-$153M ; even after investment spending, cash generation remained negative.
Liabilities were
The current ratio fell from 2.2x in FY2021 to 1.2x in FY2025, indicating materially less short-term cushion. The reported liquidity comparison equals 17.2 months of annual operating outflow, while FY2025 financing cash flow of
Financial Health Signals
We do not publish a peer-relative financial health score for Trinseo PLC, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Trinseo PLC passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Trinseo PLC reported a net loss of $545.6M while operations used $102.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Trinseo PLC generated $724.7M in revenue in Q1 2026. This represents a decrease of 7.7% from the same quarter a year earlier. Against the prior quarter it is up 9.4%.
Trinseo PLC's EBITDA was $26.2M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 274.3% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Trinseo PLC reported a net loss of $115.9M in Q1 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Trinseo PLC earned -$3.20 per diluted share (EPS) in Q1 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
Trinseo PLC recorded an outflow of $244.2M in free cash flow in Q1 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 3800.0%.
Trinseo PLC held $110.6M in cash against $2.2M in long-term debt as of Q1 2026, with $3.2B of liabilities due within a year.
Not reported for Q1 2026.
Margins & Returns
Trinseo PLC's gross margin was 8.5% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.3 percentage points.
Trinseo PLC's operating margin was -3.3% in Q1 2026, reflecting core business profitability. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 21.4 percentage points.
Trinseo PLC's net profit margin was -16.0% in Q1 2026, showing the share of revenue converted to profit. This is down 5.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 22.0 percentage points.
Not reported for Q1 2026.
Capital Allocation
Trinseo PLC invested $11.3M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 29.9% from the same quarter a year earlier. Against the prior quarter it is down 29.4%.
Not reported for Q1 2026.
Not reported for Q1 2026.
TSEOF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'25Filing | Q2'25Filing | Q1'2510-Q | Q4'2410-K | Q3'24Filing | Q2'24Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | $724.7M-7.7% | $662.6M-19.3% | $743.2M-14.3% | $784.3M-14.8% | $784.8M-13.2% | $821.5M-1.9% | $867.7M-1.3% | $920.0M-4.4% |
| Cost of Revenue | $663.0M-8.0% | $634.5M-17.1% | $705.8M-10.3% | $747.7M-12.2% | $721.0M-14.5% | $765.5M-6.3% | $787.1M-7.1% | $851.6M-6.3% |
| Gross Profit | $61.7M-3.3% | $28.1M-49.8% | $37.4M-53.6% | $36.6M-46.5% | $63.8M+5.3% | $56.0M+177.2% | $80.6M+157.5% | $68.4M+27.6% |
| SG&A Expenses | $87.4M-4.0% | $184.7M+105.7% | $63.2M-34.8% | $78.1M+11.4% | $91.0M+29.8% | $89.8M-14.6% | $97.0M+45.6% | $70.1M+30.3% |
| Operating Income | -$23.6Mn/m | -$163.7Mn/m | -$28.2Mn/m | -$33.3M-339.6% | -$29.0Mn/m | -$44.2Mn/m | -$12.4Mn/m | $13.9Mn/m |
| EBITDA | $26.2M+274.3% | -$24.3M-193.1% | $28.2M-21.4% | $26.5M-56.2% | $7.0M-83.2% | $26.1M+944.0% | $35.9M+64.7% | $60.5Mn/m |
| Income Tax | $9.4M+42.4% | $25.2M+1700.0% | $8.3M+144.1% | $2.5M-87.7% | $6.6M+22.2% | $1.4M-98.9% | $3.4Mn/m | $20.3Mn/m |
| Net Income | -$115.9Mn/m | -$251.4Mn/m | -$109.7Mn/m | -$105.5Mn/m | -$79.0Mn/m | -$117.9Mn/m | -$87.3Mn/m | -$67.8Mn/m |
| EPS (Basic) | -$3.20n/m | N/A | -$3.05n/m | -$2.95n/m | -$2.22n/m | N/A | -$2.47n/m | -$1.92n/m |
| EPS (Diluted) | -$3.20n/m | N/A | -$3.05n/m | -$2.95n/m | -$2.22n/m | N/A | -$2.47n/m | -$1.92n/m |
| Diluted Shares (Avg) | 36M+2.0% | N/A | 36M+1.7% | 36M+1.1% | 36M+0.6% | N/A | 35M+0.6% | 35M+0.3% |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
TSEOF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'25Filing | Q2'25Filing | Q1'2510-Q | Q4'2410-K | Q3'24Filing | Q2'24Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.3B-13.0% | $2.3B-13.8% | $2.5B-13.6% | $2.6B-7.6% | $2.7B-11.2% | $2.6B-12.7% | $2.9B-11.9% | $2.8B-15.1% |
| Current Assets | $943.7M-8.9% | $864.7M-12.5% | $922.4M-17.6% | $1.0B-8.0% | $1.0B-13.4% | $988.2M-17.2% | $1.1B-14.3% | $1.1B-17.4% |
| Cash & Equivalents | $110.6M-12.3% | $146.7M-30.1% | $112.1M-32.2% | $137.0M+29.7% | $126.1M-24.2% | $209.8M-19.0% | $165.3M-40.7% | $105.6M-60.8% |
| Inventory | $323.4M-15.7% | $316.0M-9.0% | $351.4M-19.2% | $378.0M-7.9% | $383.7M-11.0% | $347.2M-14.2% | $434.8M-2.5% | $410.4M-4.8% |
| Goodwill | $66.2M+6.1% | $67.7M+13.0% | $67.7M+4.8% | $67.6M+9.6% | $62.4M+0.2% | $59.9M-6.1% | $64.6M+5.6% | $61.7M-1.3% |
| Total Liabilities | $3.5B+5.9% | $3.4B+3.5% | $3.4B-0.3% | $3.4B+3.7% | $3.3B-0.1% | $3.3B-1.0% | $3.4B+2.1% | $3.3B-2.2% |
| Current Liabilities | $3.2B+364.3% | $714.7M-0.9% | $674.2M-17.2% | $707.7M+6.9% | $689.3M-5.8% | $720.9M+7.2% | $814.2M+17.7% | $662.1M-4.8% |
| Non-Current Liabilities | $331.7M-87.5% | $2.7B+4.7% | $2.7B+5.1% | $2.7B+2.9% | $2.6B+1.5% | $2.5B-3.1% | $2.5B-2.0% | $2.6B-1.5% |
| Long-Term Debt | $2.2M-99.9% | $2.3B+6.0% | $2.3B+6.7% | $2.3B+2.0% | $2.3B+1.2% | $2.2B-3.4% | $2.2B-3.8% | $2.3B-1.0% |
| Total Equity | -$1.2Bn/m | -$1.1Bn/m | -$861.6Mn/m | -$750.3Mn/m | -$679.2Mn/m | -$619.9Mn/m | -$480.0Mn/m | -$413.8M-2051.9% |
| Retained Earnings | -$1.5Bn/m | -$1.3Bn/m | -$1.1Bn/m | -$978.1Mn/m | -$872.2Mn/m | -$792.8Mn/m | -$674.6Mn/m | -$586.9Mn/m |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.
TSEOF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'25Filing | Q2'25Filing | Q1'2510-Q | Q4'2410-K | Q3'24Filing | Q2'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$232.9Mn/m | $22.6M-73.4% | -$21.6M-345.5% | $6.8Mn/m | -$110.2Mn/m | $85.1M+386.3% | $8.8M-70.0% | -$41.9M-174.2% |
| Depreciation & Amortization | $49.8M+38.3% | $139.4M+98.3% | $56.4M+16.8% | $59.8M+28.3% | $36.0M-20.0% | $70.3M-5.6% | $48.3M+26.4% | $46.6M-11.2% |
| Stock-Based Compensation | -$100K-101.8% | N/A | $1.5M-55.9% | $2.0M-23.1% | $5.7M-3.4% | N/A | $3.4M-17.1% | $2.6M-31.6% |
| Capital Expenditures | $11.3M+29.9% | $16.0M-24.5% | $16.5M+35.2% | $9.8M-31.0% | $8.7M-44.6% | $21.2M+2.9% | $12.2M-9.6% | $14.2M+2.9% |
| Free Cash Flow | -$244.2Mn/m | $6.6M-89.7% | -$38.1Mn/m | -$3.0Mn/m | -$118.9Mn/m | $63.9Mn/m | -$3.4M-121.5% | -$56.1M-231.4% |
| Investing Cash Flow | -$7.7Mn/m | -$6.0Mn/m | -$16.5Mn/m | -$9.8Mn/m | -$8.7Mn/m | -$21.2Mn/m | -$12.2M-654.5% | -$10.7M-225.9% |
| Financing Cash Flow | $207.8M+533.5% | $17.5Mn/m | $13.8M-77.2% | $9.4Mn/m | $32.8Mn/m | -$14.3Mn/m | $60.5Mn/m | -$10.6Mn/m |
| Dividends Paid | $500K0.0% | $0-100.0% | $300K-25.0% | $400K+33.3% | $500K-16.7% | $400K+33.3% | $400K-20.0% | $300K-94.3% |
Not reported in any period shown, so not listed: Share Buybacks.
TSEOF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'25Filing | Q2'25Filing | Q1'2510-Q | Q4'2410-K | Q3'24Filing | Q2'24Filing |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 8.5%+0.4pp | 4.2%-2.6pp | 5.0%-4.3pp | 4.7%-2.8pp | 8.1%+1.4pp | 6.8%+4.4pp | 9.3%+5.7pp | 7.4%+1.9pp |
| Operating Margin | -3.3%+0.4pp | -24.7%-19.3pp | -3.8%-2.4pp | -4.3%-5.8pp | -3.7%-3.3pp | -5.4%+3.2pp | -1.4%+0.4pp | 1.5%+36.5pp |
| Net Margin | -16.0%-5.9pp | -37.9%-23.6pp | -14.8%-4.7pp | -13.5%-6.1pp | -10.1%-1.7pp | -14.3%+17.3pp | -10.1%-5.7pp | -7.4%+28.9pp |
| Return on Assets | -5.0%-2.0pp | -11.0%-6.6pp | -4.4%-1.4pp | -4.0%-1.6pp | -3.0%-0.5pp | -4.5%+4.3pp | -3.0%-1.9pp | -2.4%+8.0pp |
| Current Ratio | 0.29-1.2x | 1.21-0.2x | 1.370.0x | 1.42-0.2x | 1.50-0.1x | 1.37-0.4x | 1.38-0.5x | 1.65-0.3x |
| Asset Turnover | 0.310.0x | 0.290.0x | 0.300.0x | 0.300.0x | 0.300.0x | 0.310.0x | 0.300.0x | 0.320.0x |
| FCF Margin | -33.7%-18.6pp | 1.0%-6.8pp | -5.1%-4.7pp | -0.4%+5.7pp | -15.2%-6.1pp | 7.8%+8.1pp | -0.4%-2.2pp | -6.1%-10.5pp |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity, Liabilities-to-Equity.
Note: Shareholder equity is negative (-$1.1B), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Where Trinseo PLC Ranks
Frequently Asked Questions
Trinseo PLC (TSEOF) reported $3.0B in total revenue for fiscal year 2025. This represents a -15.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Trinseo PLC (TSEOF) revenue declined by 15.3% year-over-year, from $3.5B to $3.0B in fiscal year 2025.
No, Trinseo PLC (TSEOF) reported a net loss of $582.5M over the trailing 12 months to March 31, 2026. In fiscal year 2025 it reported a net loss of $545.6M, with a net profit margin of -18.3%.
Trinseo PLC (TSEOF) had EBITDA of $37.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Trinseo PLC (TSEOF) had $146.7M in cash and equivalents against $2.3B in long-term debt.
Trinseo PLC (TSEOF) had a gross margin of 5.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Trinseo PLC (TSEOF) had an operating margin of -8.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Trinseo PLC (TSEOF) had a net profit margin of -18.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Trinseo PLC (TSEOF) paid $0.02 per share in dividends during fiscal year 2025.
Trinseo PLC (TSEOF) recorded an outflow of $153.4M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Trinseo PLC (TSEOF) recorded an outflow of $102.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Trinseo PLC (TSEOF) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.
Trinseo PLC (TSEOF) invested $51.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Trinseo PLC (TSEOF) had a current ratio of 1.21 as of fiscal year 2025, which is considered adequate.
Trinseo PLC (TSEOF) had a return on assets of -23.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
At the end of fiscal year 2025, Trinseo PLC (TSEOF) held $146.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $102.4M over that year. Dividing the one by the other, the reported balance equals about 17 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Trinseo PLC (TSEOF) has negative shareholder equity of -$1.1B as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Trinseo PLC (TSEOF) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Trinseo PLC (TSEOF) reported a net loss of $545.6M while operations used $102.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.