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 Aug 4, 2026, 19:40 UTC 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$646M	$120M	21.4%	6.4%	17.0%	8.1%	$69M	$473M	$30M
2024	$631M	$24M	20.5%	2.4%	3.6%	1.8%	$13M	$402M	$23M
2023	$652M	$40M	23.5%	7.8%	5.9%	3.0%	$34M	$400M	$35M
2022	$884M	$66M	23.6%	11.2%	10.2%	5.1%	$27M	$400M	$112M
2021	$857M	$57M	25.3%	11.1%	9.1%	4.4%	$89M	$400M	$141M
2020	$770M	-$80M	23.6%	-11.5%	-13.7%	-6.7%	$87M	$350M	$74M
2019	$724M	$99M	26.8%	12.6%	14.1%	8.3%	$46M	$300M	$172M
2018	$705M	$83M	28.4%	15.4%	13.4%	7.6%	$106M	$300M	$108M
2017	$656M	$31M	28.8%	14.1%	5.7%	3.0%	$86M	$311M	$28M
2016	$794M	-$40M	26.5%	-5.3%	-8.0%	-3.8%	$49M	$379M	$21M
2015	—	-$33M	—	—	-6.1%	-2.9%	$34M	$426M	$19M
2014	—	$68M	—	—	11.6%	4.2%	$100M	$639M	$24M
2013	—	$76M	—	—	13.8%	6.0%	$63M	$306M	$27M
2012	—	$34M	—	—	11.2%	3.0%	$27M	$422M	$21M
2011	—	$60M	—	—	34.7%	6.1%	$63M	$470M	$89M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$175M	$13M	20.2%	6.2%	0.9%	0.6%	-$45M	—	$1.2B
Mar '26	$168M	$801M	21.9%	4.1%	55.2%	34.9%	-$25M	—	$1.3B
Dec '25	-$140M	$82M	-23.5%	17.3%	11.6%	5.5%	$37M	$473M	$30M
Sep '25	$269M	$9M	12.8%	6.2%	1.3%	0.6%	$23M	—	$34M
Jun '25	$172M	$17M	22.1%	4.3%	2.3%	1.2%	$18M	—	$30M
Mar '25	$152M	$12M	21.5%	4.7%	1.8%	0.9%	-$4M	—	$33M
Dec '24	-$66M	$6M	-33.9%	35.4%	0.8%	0.4%	$12M	$402M	$23M
Sep '24	$229M	$3M	15.4%	3.6%	0.4%	0.2%	$10M	—	$27M
Jun '24	$241M	$11M	14.4%	7.4%	1.6%	0.8%	$8M	—	$35M
Mar '24	$227M	$5M	23.2%	5.5%	0.8%	0.4%	-$17M	—	$30M
Dec '23	$210M	$8M	20.6%	5.5%	1.2%	0.6%	$11M	$400M	$35M
Sep '23	$235M	$16M	23.8%	10.1%	2.4%	1.2%	$21M	—	$35M
Jun '23	$233M	$11M	23.4%	8.6%	1.7%	0.8%	$6M	—	$42M
Mar '23	$215M	$5M	22.1%	4.6%	0.8%	0.4%	-$5M	—	$52M
Dec '22	$203M	$19M	22.4%	12.9%	2.9%	1.4%	$12M	$400M	$112M
Sep '22	$219M	$13M	22.1%	9.6%	2.1%	1.0%	$9M	—	$80M
Jun '22	$238M	$20M	25.5%	12.6%	3.1%	1.5%	$12M	—	$49M
Mar '22	$224M	$14M	23.9%	9.8%	2.2%	1.1%	-$6M	—	$59M
Dec '21	$209M	$13M	23.6%	8.4%	2.0%	1.0%	$41M	$400M	$141M
Sep '21	$222M	$20M	26.3%	13.9%	3.2%	1.6%	$24M	—	$137M

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 11.7× (Nov '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 2.2× (Nov '26).
The dividend yield has fallen from 0.7% (Mar '23) to 0.5% (Nov '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?

Trimas Corp's P/E (TTM) is 1.55 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the TRS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 11.7× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.