TriMas Corporation logo TRS - TriMas Corporation

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| PRICE TARGET: $38.00 DETAILS
HIGH: $38.00
LOW: $38.00
MEDIAN: $38.00
CONSENSUS: $38.00
DOWNSIDE: 5.28%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1996 1995 1994 1993
Revenue
Revenue 645.7 630.8 893.5 883.8 857.1 770.0 723.5 705.0 817.7 794.0 864.0 1,499.1 1,394.9 1,272.9 1,084.0 942.6 803.6 1,021.3 1,068.3 1,020.5 1,000.9 1,045.2 905.4 733.6 732.4 0.7 600.2 553.5 535.5 443.2
Cost of Revenue 514.5 507.6 698.7 689.5 654.7 587.7 544.6 519.6 614.9 600.5 645.1 1,135.2 1,038.7 946.8 779.9 674.8 607.3 772.4 790.7 759.4 765.7 803.6 673.4 552.4 543.3 0.5 403.4 371.5 361.5 301.1
Gross Profit 131.2 123.2 194.9 194.3 202.4 182.3 178.9 185.4 202.8 193.5 218.9 363.8 356.2 326.2 304.1 267.9 196.3 248.9 277.6 261.1 235.2 241.6 232.0 181.2 189.1 0.2 196.8 182.0 174.0 142.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0.6 0.6 0.8 0.7 1.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 117.2 102.4 117.8 112.4 97.5 114.8 87.5 76.5 112.6 135.2 126.7 217.3 221.0 197.4 172.5 151.5 136.8 150.9 172.9 157.8 147.2 163.3 175.5 114.1 121.5 0.1 92.6 83.3 82.6 72.1
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.9) 0 0 0 0 0 183.1 0 0 0 0 0 0 0
Operating Expenses 117.2 102.4 117.8 112.4 97.5 114.8 87.5 76.5 112.6 135.8 127.2 219.1 223.0 197.4 172.5 152.2 140.6 152.2 174.6 157.8 147.2 163.3 183.1 114.1 121.5 0.1 92.6 83.3 82.6 72.1
Operating Income
Operating Income 14.1 20.8 77.0 81.9 104.9 67.5 91.4 108.9 90.2 57.8 91.7 144.8 133.2 128.8 131.6 115.6 55.7 96.7 103.0 103.3 88.0 78.3 48.9 67.1 67.7 0.1 104.3 98.7 91.4 70.0
Interest Expense 18.0 19.6 15.9 14.1 14.5 14.7 13.9 13.9 14.4 13.7 14.1 15.0 18.3 0 44.5 51.8 45.1 55.7 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 1.1 0.6 35.8 (4.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 71.1 85.7 134.6 135.1 158.4 117.3 134.9 149.4 137.1 102.6 35.1 170.1 167.7 122.6 164.3 146.8 107.6 (30.9) (61.7) 12.4 119.0 101.2 124.3 110.0 121.5 4.6 127.2 120.2 112.0 88.5
EBIT 14.1 20.8 77.0 81.9 104.9 67.5 91.4 108.9 90.2 57.8 (8.5) 113.7 117.1 77.7 123.8 109.0 63.7 (74.9) (103.1) (26.4) 78.2 61.2 800.9 647.7 67.7 0.1 104.3 98.7 91.4 70.0
Income Before Tax 24.3 (4.2) 50.6 87.7 69.1 (102.7) 78.3 92.4 66.2 (58.2) (22.1) 99.6 97.8 42.3 79.7 61.1 21.1 (130.7) (171.4) (105.4) 3.0 (6.5) (36.5) 3.1 (9.4) 0 100.6 91.8 83.5 63.9
Income Tax Expense (48.0) (2.2) 10.2 21.5 11.8 (22.9) 16.3 18.6 35.2 (18.4) 6.5 32.9 18.4 6.0 28.9 19.2 8.3 (2.1) (12.1) 2.7 2.0 (4.3) (5.6) 2.2 1.9 0.1 39.2 35.8 33.4 25.9
Net Income 120.1 24.2 40.4 66.2 57.3 (79.8) 98.6 83.3 31.0 (39.8) (33.4) 68.5 75.5 33.9 60.4 45.3 (0.2) (136.2) (158.4) (128.9) (45.5) (2.2) (30.9) (35.8) (11.3) 0.0 61.4 56.0 50.1 38
Per Share Data
EPS (Basic) 2.97 0.60 0.97 1.57 1.33 -1.83 1.37 1.82 0.68 -0.88 -0.75 1.53 1.85 0.90 1.76 1.34 -0.01 -4.07 -5.56 -6.37 -2.27 -0.11 -1.54 -1.72 -0.55 0.00 1.66 1.51 1.35 1.05
EPS (Diluted) 2.95 0.60 0.97 1.56 1.32 -1.83 2.16 1.80 0.67 -0.88 -0.74 1.51 1.83 0.89 1.73 1.31 -0.01 -4.07 -5.56 -6.37 -2.27 -0.11 -1.54 -0.96 -0.31 0.00 1.55 1.42 1.35 1.01
Shares Outstanding 40.4 40.7 41.4 42.2 43.0 43.6 45.3 45.8 45.7 45.4 44.8 44.9 40.9 37.5 34.2 33.8 33.5 33.4 28.5 20.2 20.0 20.0 20.0 20.8 20.8 20.8 37.0 37.1 37.1 31.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 30.0 23.1 34.9 112.1 140.7 74.0 172.5 108.2 27.6 20.7 0 0 3.1 6.8 100.4 3.8 0 105.9 92.4 107.7 69.8
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 111.3 164.8 148.0 132.4 125.6 113.4 108.9 97.2 112.2 111.6 93.4 104.8 93.4 119.0 95.6 34.2 0 80.4 71.2 64.2 58.7
Inventory 108.7 209.2 192.4 163.4 152.4 149.4 132.7 173.1 155.3 160.5 141.8 188.9 180.0 124.1 91.4 96.8 0 92.2 85.5 79.6 76.7
Other Current Assets 212.7 29.6 22.0 14.8 12.9 15.1 20.1 79.3 16.1 16.1 35.1 50.6 26.0 10.9 18.3 10.9 0 4.1 2.5 11.8 0
Total Current Assets 462.7 426.6 397.4 422.7 431.8 351.8 434.0 411.8 311.3 308.8 279.8 348.2 302.5 269.2 315.5 151.9 0 282.6 251.6 263.2 215.0
Non-Current Assets
Property, Plant & Equipment 279.3 359.1 373.2 325.0 316.3 290.9 242.2 187.8 190.2 179.2 162.2 181.6 198.6 187.4 235.0 254.4 0 194.5 173.7 168.4 162.2
Goodwill 300.3 356.4 363.8 339.8 315.5 304.0 334.6 316.6 319.4 315.1 196.3 202.3 658.0 658.9 0 0 0 0 0 0 0
Intangible Assets 76.5 161.1 181.0 188.1 196.7 206.2 161.4 174.5 194.2 213.9 164.1 178.9 304.9 322.8 286.3 299.5 0.7 0 0 0 0
Long-Term Investments 0 0 0 0 7.6 0 4.5 0.1 0 (5.9) (24.3) 96.2 133.0 183.2 (18.3) 0 0 0 0 0 0
Other Non-Current Assets 312.6 10.2 16.1 20.0 26.0 21.4 15.5 8.5 9.0 34.7 23.4 (93.2) (92.0) (132) 574.0 560 (0.7) 219.5 191.1 182.7 186.9
Total Non-Current Assets 1,022.4 897.5 944.3 882.3 871.9 842.0 758.7 688.7 721.9 742.9 546.0 582 1,219.7 1,230.8 1,095.2 1,113.9 0 414.1 364.8 351.1 349.2
Total Assets 1,485.1 1,324.2 1,341.7 1,305 1,303.6 1,193.9 1,192.7 1,100.5 1,033.2 1,051.7 825.8 930.2 1,522.2 1,500.0 1,410.8 1,265.7 1.2 696.7 616.4 614.3 564.1
Current Liabilities
Account Payables 72.3 91.0 91.9 85.2 87.8 69.9 72.7 67.4 72.4 72.3 92.8 111.8 135.2 94.1 54.5 47 0 33.8 24.4 21.6 20.3
Short-Term Debt 4.1 8.0 7.9 8.3 8.1 6.7 5.1 0 0 13.8 20.4 10.4 3.0 10.9 3.0 28.9 0 0 0 0.3 0.3
Deferred Revenue 10.6 7.4 0 0 0 0 0 0 0 0 0 0 0 75.1 63.1 0 0 0 0 (0.3) (0.3)
Other Current Liabilities 72.5 24.6 37.4 23.1 29.0 32.4 19.9 50.3 24.2 24.9 52.1 52.9 39.4 4.4 10.0 0 0 45.4 29.7 0 0
Total Current Liabilities 183.7 159.4 159.4 140.2 154.9 137.2 119.8 141.7 121.9 133.3 180.1 189.8 209.1 184.6 130.6 132.1 0 79.2 54.1 55.6 51.2
Non-Current Liabilities
Long-Term Debt 469.2 398.1 395.7 394.7 393.8 346.3 294.7 293.6 303.1 360.8 494.2 599.6 735.0 725.1 693.2 411.9 0 187.1 187.2 238.6 238.9
Deferred Tax Liabilities 17.7 20.1 23.3 20.9 21.3 24.9 16.8 5.6 5.7 5.9 42.6 51.6 133.5 149.0 155.9 169.8 0 0 0 0 0
Other Non-Current Liabilities 77.1 42.5 40.6 56.3 59.0 69.7 40.8 41.5 58.6 51.9 47 34.2 (5.4) 44.7 43.0 31.0 0 39.9 36.4 29.5 29.2
Total Non-Current Liabilities 595.8 497.4 499.3 513.0 517.9 472.4 375.4 338.3 367.3 418.7 583.8 685.5 908.0 918.8 892.1 612.6 0 227.0 223.6 268.1 268.1
Total Liabilities 779.5 656.9 658.7 653.2 672.8 609.6 495.2 480.1 489.2 551.9 763.8 875.3 1,117.0 1,103.4 1,022.7 744.7 0.5 306.2 277.7 323.7 319.3
Stockholders' Equity
Common Stock 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.3 0.3 0.2 0.2 0.2 0 0 0.4 0.4 0.4 0.4
Retained Earnings 127.4 21.7 4.2 (36.1) (102.3) (159.6) (79.8) (179.7) (263.0) (293.9) (510.4) (510.2) (40.4) (38.2) (6.9) 0 0 238.3 185.4 136.3 91.7
Accumulated Other Comprehensive Income (0.0) (18.6) 0.7 (8.6) 0.2 (5.6) (6) (16.9) (17.3) (24.4) 43.7 37.7 0 34.8 7.3 (1.3) 0 (3.9) (2.5) (1.3) (1.4)
Total Stockholders' Equity 705.6 667.3 683.0 651.8 630.9 584.2 697.5 620.5 544.0 499.7 62.0 54.9 405.2 396.7 388.1 521 0.7 390.4 338.7 290.6 244.8
Total Liabilities & Equity 1,485.1 1,324.2 1,341.7 1,305 1,303.6 1,193.9 1,192.7 1,100.5 1,033.2 1,051.7 825.8 930.2 1,522.2 1,500.0 1,410.8 1,265.7 1.2 696.7 616.4 614.3 564.1
Debt Metrics
Total Debt 505.1 442.8 443.2 444.0 445.7 384.6 322.9 293.6 303.1 374.6 514.5 609.9 738.0 736.0 696.2 440.8 0 187.1 187.2 238.9 239.2
Net Debt 475.1 419.8 408.4 331.9 305.0 310.7 150.4 185.4 275.5 353.9 514.5 609.9 734.9 729.2 595.7 437.0 0 81.2 94.8 131.2 169.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1996 1995 1994 1993
Operating Activities
Net Income 120.1 24.2 40.4 66.2 57.3 (79.8) 98.6 83.3 31.0 (39.8) 1.0 (2.2) (10.8) (35.8) (11.3) (4.2) 61.4 56.0 50.1 38
Depreciation & Amortization 57.0 64.9 57.6 53.2 53.5 49.8 43.5 40.5 40.3 44.9 40.8 40.0 54.9 38.9 53.8 4.5 22.9 21.5 20.6 18.5
Stock-Based Compensation 11.5 7.0 9.7 9.8 9.5 8.2 6.5 7.2 6.8 6.9 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 5.7 (34.6) (22.4) (31.0) (5.0) 22.4 (15.7) (17.8) 12.6 (2.4) 4.2 (44.2) 4.0 2.9 26.4 4.5 3.4 (13.1) (5.0) (8.6)
Other Non-Cash Items (39.6) 5.5 4.6 (24.2) 17.3 160.5 (59.4) 10.3 13.6 103.0 21.5 68.0 8.5 (23.9) (1.7) 11.1 1.3 (3.7) (1.2) 1.7
Operating Cash Flow 117.5 63.8 88.2 72.6 134.2 127.4 75.6 129.3 120.1 80.5 29.9 42.6 41.4 (25.1) 76.0 18.7 91.1 66.2 67.7 50.1
Investing Activities
Capital Expenditure (48.4) (51.0) (54.2) (46.0) (45.1) (40.5) (29.7) (25.1) (36.8) (31.3) (21.7) (43.0) (31.7) (32.1) (18.7) (3.3) (26.7) (23.5) (24.3) (26.3)
Acquisitions (37.7) 0 (77.3) (64.1) (34.3) (191.6) 61.0 0.1 4.4 0 5.0 (3.9) (205.8) (1.9) 0 0 (27.5) 0 0 (60.3)
Purchases of Investments 0 (3.8) (3.4) 0 0 0 0 0 0 0 0 0 0 (74.5) 0 0 0 0 0 0
Sales/Maturities of Investments 0 3.8 0 26.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 22.0 4 0.5 28.8 0.2 0 (2.2) (1.4) (3.1) 0.2 0 0 44.5 (35.3) (12.6) (1.3) (26.7) 0 0 (26.3)
Investing Cash Flow (64.0) (47.0) (134.4) (55.0) (79.2) (232.1) 29.1 (24.8) (32.4) (31.1) (16.6) (46.8) (161.3) (37.2) (12.6) (1.3) (54.2) (23.5) (24.3) (86.6)
Financing Activities
Net Debt Issuance 66.5 1.4 0.6 0 51.4 48.2 (0.3) (9.4) (74.0) (44.8) (10.5) 1.9 29.9 663.1 (32.2) 11.6 (15.4) (51.5) (0.3) 56.9
Stock Repurchased (103.3) (19.3) (18.8) (36.9) (19.1) (42.0) (40.1) (14.5) (0.5) (1.6) 0 0 (20) 0 0 0 0 0 0 0
Dividends Paid (6.6) (6.6) (6.7) (6.9) (1.7) 0 0 0 0 0 0 0 0 (338.1) 0 0 (8.1) (6.6) (5.1) (3.2)
Other Financing Activities (1.0) (2.3) (3.3) 0 (13.6) 0 0 0 (6.4) (1.7) (2.1) (1.4) (18.9) (763.9) (34.5) (28.4) 0 0 0 (12.2)
Financing Cash Flow (46.5) (28.6) (30.9) (46.2) 11.8 6.1 (40.4) (23.9) (80.8) (48.1) (12.6) 0.5 26.3 159.0 (66.6) (16.8) (23.4) (58.1) (5.5) 41.5
Cash Position
Net Change in Cash 7.0 (11.8) (77.2) (28.6) 66.8 (98.5) 64.3 80.6 6.9 1.3 3.7 0 (93.7) 96.7 (3.3) 0.6 13.5 (15.3) 37.9 5
Cash at Beginning 23.1 34.9 112.1 140.7 74.0 172.5 108.2 27.6 20.7 19.4 3.1 6.8 100.4 3.8 7.1 6.4 92.4 107.7 69.8 64.8
Cash at End 30.0 23.1 34.9 112.1 140.7 74.0 172.5 108.2 27.6 20.7 3.7 3.1 6.8 100.4 3.8 7.1 105.9 92.4 107.7 69.8
Free Cash Flow 69.1 12.8 34.0 26.6 89.2 86.9 45.9 104.3 83.3 49.1 8.2 (0.4) 9.7 (57.2) 57.3 15.4 64.4 42.8 43.4 23.8
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1996 1995 1994 1993
Income Statement
Revenue 645.7 630.8 893.5 883.8 857.1 770.0 723.5 705.0 817.7 794.0 864.0 1,499.1 1,394.9 1,272.9 1,084.0 942.6 803.6 1,021.3 1,068.3 1,020.5 1,000.9 1,045.2 905.4 733.6 732.4 0.7 600.2 553.5 535.5 443.2
Gross Profit 131.2 123.2 194.9 194.3 202.4 182.3 178.9 185.4 202.8 193.5 218.9 363.8 356.2 326.2 304.1 267.9 196.3 248.9 277.6 261.1 235.2 241.6 232.0 181.2 189.1 0.2 196.8 182.0 174.0 142.1
Operating Income 14.1 20.8 77.0 81.9 104.9 67.5 91.4 108.9 90.2 57.8 91.7 144.8 133.2 128.8 131.6 115.6 55.7 96.7 103.0 103.3 88.0 78.3 48.9 67.1 67.7 0.1 104.3 98.7 91.4 70.0
Net Income 120.1 24.2 40.4 66.2 57.3 (79.8) 98.6 83.3 31.0 (39.8) (33.4) 68.5 75.5 33.9 60.4 45.3 (0.2) (136.2) (158.4) (128.9) (45.5) (2.2) (30.9) (35.8) (11.3) 0.0 61.4 56.0 50.1 38
EPS (Diluted) 2.95 0.60 0.97 1.56 1.32 -1.83 2.16 1.80 0.67 -0.88 -0.74 1.51 1.83 0.89 1.73 1.31 -0.01 -4.07 -5.56 -6.37 -2.27 -0.11 -1.54 -0.96 -0.31 0.00 1.55 1.42 1.35 1.01
Balance Sheet
Cash & Equivalents 30.0 23.1 34.9 112.1 140.7 74.0 172.5 108.2 27.6 20.7 0 0 3.1 6.8 100.4 3.8 0 105.9 92.4 107.7 69.8
Total Assets 1,485.1 1,324.2 1,341.7 1,305 1,303.6 1,193.9 1,192.7 1,100.5 1,033.2 1,051.7 825.8 930.2 1,522.2 1,500.0 1,410.8 1,265.7 1.2 696.7 616.4 614.3 564.1
Total Debt 505.1 442.8 443.2 444.0 445.7 384.6 322.9 293.6 303.1 374.6 514.5 609.9 738.0 736.0 696.2 440.8 0 187.1 187.2 238.9 239.2
Stockholders' Equity 705.6 667.3 683.0 651.8 630.9 584.2 697.5 620.5 544.0 499.7 62.0 54.9 405.2 396.7 388.1 521 0.7 390.4 338.7 290.6 244.8
Cash Flow
Operating Cash Flow 117.5 63.8 88.2 72.6 134.2 127.4 75.6 129.3 120.1 80.5 29.9 42.6 41.4 (25.1) 76.0 18.7 91.1 66.2 67.7 50.1
Capital Expenditure (48.4) (51.0) (54.2) (46.0) (45.1) (40.5) (29.7) (25.1) (36.8) (31.3) (21.7) (43.0) (31.7) (32.1) (18.7) (3.3) (26.7) (23.5) (24.3) (26.3)
Free Cash Flow 69.1 12.8 34.0 26.6 89.2 86.9 45.9 104.3 83.3 49.1 8.2 (0.4) 9.7 (57.2) 57.3 15.4 64.4 42.8 43.4 23.8