TRSNasdaqMetal Forgings & StampingsFiscal year ends December 31
TRIMAS CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$39.43+0.68 (+1.75%)
Close on Oct 19, 2026
- Market cap
- $1.43B
- P/E (TTM)
- 1.6
- Dividend yield
- 0.10%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
21.4%−2.3 pts over 5 years
Operating margin
6.4%+17.9 pts over 5 years
Net margin
18.6%+29.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.4% | -9.9% | -3.5% | -2.9% | |
| Gross profit | +6.7% | -12.8% | -5.4% | -5.2% | |
| Operating income | +172.2% | -25.3% | – | – | |
| Net income | +395.4% | +22.0% | – | – | |
| EPS, diluted | +391.7% | +23.7% | – | – | |
| Free cash flow | +439.0% | +37.4% | -4.5% | +7.4% | |
| Dividend per share | 0.0% | 0.0% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -7.6% | -12.4% | 17.5% | |
| Return on assets | -3.6% | -6.7% | 8.6% | |
| Current ratio | 2.32 | 2.56 | 2.52 | |
| Debt to equity | 0.75 | 0.59 | 0.66 | |
| Net debt to EBITDA | 120.80× | -7.07× | – | |
| Interest coverage | -3.1× | -6.0× | 2.3× | |
| Inventory turnover | 3.6× | 4.2× | 4.6× | |
| Capex to revenue | 3.9% | 5.3% | 7.5% | |
| Diluted shares | 45M | 44M | 41M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Trimas generated $476.18M from operations and spent $470.46M on capital expenditure, dividends and share buybacks. 52% of that went back into the business.
Generated
$476.18M
Used
$470.46M
Capital expenditure$244.52M52%Dividends$28.56M6%Share buybacks$197.38M42%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin18.6%
×Asset turnover0.46×
×Equity multiplier2.05×
=Return on equity, FY202517.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 18.6% | 0.46× | 2.05× | 17.5% |
| FY2024 | 3.8% | 0.47× | 1.97× | 3.6% |
| FY2023 | 6.2% | 0.49× | 1.98× | 6.0% |
| FY2022 | 7.5% | 0.68× | 2.03× | 10.3% |
| FY2021 | 6.7% | 0.69× | 2.06× | 9.4% |
| FY2020 | -10.4% | 0.65× | 1.86× | -12.4% |
| FY2019 | 13.6% | 0.63× | 1.74× | 15.0% |
| FY2018 | 11.8% | 0.66× | 1.83× | 14.3% |
| FY2017 | 4.7% | 0.63× | 2.00× | 5.9% |
| FY2016 | -5.0% | 0.71× | 2.12× | -7.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$120.14M
- Cash generatingOperating cash flow above zero$117.45M
- Return on assets improvedROA up on the prior year1.8% → 9.1%
- Earnings backed by cashOperating cash flow above net income$117.45M vs $120.14M
- Less leverageLong-term debt to assets fell30.1% → 31.6%
- Better liquidityCurrent ratio rose2.68 → 2.52
- No dilutionShare count did not rise41M → 41M
- Gross margin improvedGross margin up on the prior year20.54% → 21.40%
- More efficientAsset turnover rose0.47 → 0.49