TRS
TriMas Corporation34.18
-0.09-0.26%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.39BP/E (TTM)
31.65Basic EPS (TTM)
1.08Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
Q3 FY2025 results
TriMas Corporation posted solid Q3 FY2025 results, with net sales climbing 17.4% year-over-year to $269.3 million, fueled by 45.8% growth in Aerospace from higher aircraft build rates and the February GMT acquisition, while Packaging edged up 4.2% on steady consumer demand. Gross margins expanded to 24.5% from 22.5%, thanks to better fixed cost absorption and favorable mix, though offset by a $1.5 million inventory write-off in Packaging; operating profit rose to $16.6 million (6.2% margin) from $8.3 million, despite an $8.0 million asbestos charge. YTD, sales gained 12.7% to $785.7 million, net income hit $38.4 million ($0.94 diluted EPS on 41.0 million shares), and operating cash flow surged to $75.9 million, yielding $32.3 million free cash flow after $43.7 million capex. The GMT deal added $15.5 million goodwill and $4.6 million intangibles amortized over 5-12 years, while Arrow Engine's January sale brought $21.0 million proceeds; liquidity stays robust with $33.6 million cash and $233.1 million revolver availability against $410.9 million debt (4.125% notes due 2029). Cash generation impresses. Yet tariffs on raw materials like steel and polymers could squeeze margins further.
8-K
TriMas boosts Q3 earnings outlook
TriMas Corporation reported third-quarter 2025 net sales of $269.3 million, up 17.4% from $229.4 million last year, fueled by 45.8% growth in Aerospace from higher build rates and the TriMas Aerospace Germany acquisition. Adjusted diluted EPS climbed 41.9% to $0.61, with free cash flow surging to $26.4 million. Aerospace margins expanded 860 basis points through operational tweaks. The company raised its full-year adjusted EPS outlook to $2.02-$2.12, yet global conflicts could disrupt demand.
10-Q
Q2 FY2025 results
TriMas posted solid Q2 results, with net sales climbing 14.2% year-over-year to $274.8M, fueled by 23.8% organic growth in Aerospace and 7.9% in Packaging, though Specialty Products dipped 6.8% after divesting Arrow Engine. Gross margins expanded to 25.4% from 22.5%, thanks to better absorption and mix in key segments, lifting operating profit 52% to $27.1M. Diluted EPS rose to $0.41 from $0.27, reconciling neatly with 40.9M shares. Cash from operations hit $39.4M YTD, funding a $37.2M GMT Aerospace buy that added $15.4M goodwill and $4.6M intangibles (amortized over undisclosed lives), while $20.5M Arrow proceeds bolstered liquidity; total debt stood at $424.5M with $215.1M revolver availability. Non-GAAP metrics not disclosed in the 10-Q. Supply chain pressures linger as a risk.
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