TRS Financials Trimas Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 30 h ago Overview →

Growth & profitability

Revenue has declined 3.5% per year over the past 5 years.
Operating margin has expanded, at 6.4% in the latest year.
Free cash flow has declined 4.5% per year over the past 5 years.

Financial health

Total debt ($473M) exceeds cash ($30M); net debt is $443M.
Total debt has grown faster than revenue (6.2% vs -3.5% per year).
Operating income covered interest expense 2.3× in the latest year.
Total debt is 11× EBITDA.

Shareholder returns

Dividends have been paid for 5 consecutive years, consuming 5.5% of earnings and 9.6% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$646M	$120M	21.4%	6.4%	$69M	$473M	$30M
2024	$631M	$24M	20.5%	2.4%	$13M	$402M	$23M
2023	$652M	$40M	23.5%	7.8%	$34M	$400M	$35M
2022	$884M	$66M	23.6%	11.2%	$27M	$400M	$112M
2021	$857M	$57M	25.3%	11.1%	$89M	$400M	$141M
2020	$770M	-$80M	23.6%	-11.5%	$87M	$350M	$74M
2019	$724M	$99M	26.8%	12.6%	$46M	$300M	$172M
2018	$705M	$83M	28.4%	15.4%	$106M	$300M	$108M
2017	$656M	$31M	28.8%	14.1%	$86M	$311M	$28M
2016	$794M	-$40M	26.5%	-5.3%	$49M	$379M	$21M
2015	—	-$33M	—	—	$34M	$426M	$19M
2014	—	$68M	—	—	$100M	$639M	$24M
2013	—	$76M	—	—	$63M	$306M	$27M
2012	—	$34M	—	—	$27M	$422M	$21M
2011	—	$60M	—	—	$63M	$470M	$89M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$168M	$801M	21.9%	4.1%	-$25M	—	$1.3B
Dec '25	-$140M	$82M	-23.5%	17.3%	$37M	$473M	$30M
Sep '25	$269M	$9M	12.8%	6.2%	$23M	—	$34M
Jun '25	$275M	$17M	13.8%	9.9%	$13M	—	$30M
Mar '25	$152M	$12M	21.5%	4.7%	-$4M	—	$33M
Dec '24	-$66M	$6M	-33.9%	35.4%	$12M	$402M	$23M
Sep '24	$229M	$3M	15.4%	3.6%	$10M	—	$27M
Jun '24	$241M	$11M	14.4%	7.4%	$8M	—	$35M
Mar '24	$227M	$5M	23.2%	5.5%	-$17M	—	$30M
Dec '23	$210M	$8M	20.6%	5.5%	$11M	$400M	$35M
Sep '23	$235M	$16M	23.8%	10.1%	$21M	—	$35M
Jun '23	$233M	$11M	23.4%	8.6%	$6M	—	$42M
Mar '23	$215M	$5M	22.1%	4.6%	-$5M	—	$52M
Dec '22	$203M	$19M	22.4%	12.9%	$12M	$400M	$112M
Sep '22	$219M	$13M	22.1%	9.6%	$9M	—	$80M
Jun '22	$238M	$20M	25.5%	12.6%	$12M	—	$49M
Mar '22	$224M	$14M	23.9%	9.8%	-$6M	—	$59M
Dec '21	$209M	$13M	23.6%	8.4%	$41M	$400M	$141M
Sep '21	$222M	$20M	26.3%	13.9%	$24M	—	$137M
Jun '21	$219M	$12M	26.5%	11.7%	$18M	—	$117M

Valuation over time

How the market has priced TRS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 15.1× (Mar '23) to 13.1× (Jun '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 2.4× (Jun '26).
The dividend yield has fallen from 0.7% (Mar '23) to 0.4% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is TRS growing its revenue and profit?

Over the past 5 years, Trimas Corp's revenue has declined 3.5% per year. These are computed facts, not advice.

How much debt does TRS have?

As of FY2025, Trimas Corp reported $473M of total debt against $30M of cash; operating income covered interest expense 2.3×.

What is TRS's profit margin?

In FY2025, gross margin was 21.4%, operating margin 6.4%, and net margin 18.6%.

What is TRS's P/E ratio?

As of Jun '26, Trimas Corp traded at a price-to-earnings ratio of about 13.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.