Welcome to our dedicated page for Trimas news (Ticker: TRS), a resource for investors and traders seeking the latest updates and insights on Trimas stock.
TriMas Corporation (NASDAQ: TRS) is a manufacturing company that designs and manufactures products for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. This news page aggregates company announcements, earnings updates and other disclosures that help investors and observers follow developments affecting TRS stock.
TriMas regularly issues earnings releases that detail segment performance, non‑GAAP financial measures, cash flow and capital allocation activity. These releases often highlight trends in its Packaging, Aerospace and Specialty Products groups, including sales growth, operating profit and margin changes, and updates on acquisitions or divestitures. The company also announces the timing of its quarterly earnings conference calls, providing dial‑in and webcast information for participants.
Investors can also find corporate actions and capital return news here. TriMas has announced quarterly cash dividends on TriMas Corporation stock and changes to its share repurchase authorization, including an increase in the total authorization approved by its Board of Directors. These updates explain how the company is approaching capital allocation between growth investments and shareholder returns, subject to market conditions and Board approval.
Another key category of news involves strategic portfolio decisions. In November 2025, TriMas announced that it had entered into a definitive agreement to sell its aerospace segment to an affiliate of Tinicum L.P., with funds managed by Blackstone as a minority investor. The company has indicated that, upon completion of this divestiture, it expects to be centered around a more focused packaging platform and has formed a Strategic Investment Committee to evaluate acquisitions and other options.
Leadership and governance updates, such as the appointment of a new President and Chief Executive Officer or Chief Financial Officer, are also communicated through company news. For those tracking TRS, this page provides a centralized view of TriMas’ public announcements, from operational performance to portfolio strategy and capital allocation decisions.
TriMas reported an 8.5% increase in net sales to $237.7 million for Q2 2022, driven by a 20.5% growth in its Specialty Products group. Operating profit rose 16.8% to $29.9 million, with diluted EPS at $0.47 and adjusted diluted EPS at $0.60. The company repurchased 927,987 shares, reducing outstanding shares by 1.8%. TriMas reaffirmed its 2022 outlook with adjusted EPS projected between $2.25 and $2.35, expecting sales growth of 8% to 11%. The financial position remains strong with $348.1 million in cash and a leverage ratio of 2.0x.
TriMas declared a quarterly cash dividend of $0.04 per share, payable on August 11, 2022, to shareholders of record as of August 4, 2022. This marks the initiation of a dividend as part of the company's capital allocation strategy, announced in October 2021. TriMas operates in the consumer products, aerospace, and industrial markets with approximately 3,500 employees across 13 countries.
TriMas (NASDAQ: TRS) will hold its second quarter 2022 earnings conference call on July 28, 2022, at 10 a.m. Eastern Time, following the earnings results release at 8 a.m. The call can be accessed by dialing (888) 220-8451, with a conference code of 7250176. A webcast will also be available on the company’s website. For those unable to attend live, a replay will be accessible from July 28 to August 4 via dial-in or the website. TriMas operates in consumer products, aerospace, and industrial markets.
TriMas (NASDAQ: TRS) has announced multi-year contracts awarded to its Aerospace group by Boeing for the T-7A Red Hawk training jet program. The contracts cover components for fluid conveyance applications, marking an expansion of TriMas' defense business. CEO Thomas Amato expressed enthusiasm for the collaboration, emphasizing Boeing's role as a crucial customer for aerospace growth. Production is set to ramp up towards the end of the year, leveraging innovations from RSA Engineered Products. This development aligns with TriMas’ strategy to enhance its aerospace offerings and gain market share.
Summary not available.
TriMas (NASDAQ: TRS) announces participation in two key investor conferences: the KeyBanc Capital Markets Industrials & Basic Materials Conference on June 2 in Boston, and the William Blair 42nd Annual Growth Stock Conference on June 9 in Chicago. TriMas CEO Thomas Amato and other executives will present at both events. The June 9 conference includes a presentation at 2:00 p.m. CT, which will be available via live webcast on TriMas' website, offering investors insight into the company’s performance and strategy.
TriMas (NASDAQ: TRS) reported its first-quarter 2022 financial results, achieving net sales of $224.3 million, an 8.5% increase from the previous year. The company noted improved operating profit of $21.9 million, but adjusted operating profit declined slightly to $26.2 million due to higher energy costs and inflation. Diluted EPS rose to $0.33, with adjusted diluted EPS reaching $0.50. The company reaffirms its 2022 outlook, targeting adjusted diluted EPS between $2.25 and $2.35, while aiming for Free Cash Flow to exceed 100% of net income. TriMas ended Q1 with a leverage ratio of 2.0x.
TriMas (NASDAQ: TRS) has declared a quarterly cash dividend of $0.04 per share, payable on May 12, 2022, to shareholders of record as of May 5, 2022. The dividend announcement is part of the company's capital allocation strategy initiated in October 2021. TriMas operates in diverse markets, including consumer products, aerospace, and industrial sectors, and employs around 3,500 staff across 13 countries.
TriMas (NASDAQ: TRS) will host its first quarter 2022 earnings conference call on April 28, 2022, at 10 a.m. Eastern Time. The earnings results will be released earlier that day at 8 a.m. Participants can join by dialing (888) 254-3590 with confirmation code 2219626, or via webcast on the company’s site. A replay will be available from 3 p.m. April 28 through 3 p.m. May 5. TriMas specializes in manufacturing products for the consumer, aerospace, and industrial sectors with a strong global presence.
TriMas reported strong financial results for 2021, achieving a sales increase of 11.3% to $857.1 million, driven by organic growth and acquisitions. Operating profit soared to $95.1 million from a loss in 2020, with adjusted diluted EPS rising 16.7% to $2.24. The company ended the year with a net leverage ratio of 1.6x, despite significant acquisitions. Cash flow from operating activities was $134.2 million. For 2022, TriMas expects sales to grow by 8% to 11% and adjusted EPS between $2.25 and $2.35.