Trimas (TRS) AI Stock Analysis

• Market Cap: $1.28B
• Dividend Yield: 0.51%
• Average Volume (3M): 372.75K
• Price to Earnings (P/E): 41.0
• Beta (1Y): 0.80
• Revenue Growth: 3.80%
• EPS Growth: -20.92%
• Country: US
• Employees: 3,900
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Packaging & Containers
• EPS (TTM): 0.46
• Shares Outstanding: 40,651,688
• 10 Day Avg. Volume: 328,920
• 30 Day Avg. Volume: 372,745
• PEG Ratio: 0.58
• Price to Book (P/B): 1.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 46.19
• Enterprise Value/Market Cap: 1.28
• Enterprise Value/Revenue: 0.45
• Enterprise Value/Gross Profit: 8.21
• Enterprise Value/Ebitda: 3.42
• 1Y Price Target: $40.00
• Price Target Upside: 26.86% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 70 Outperform
• Price Target: $33.00 ▲(4.66%Upside)

Trimas Corporation's overall score reflects a robust earnings performance, driven by strong growth in the Aerospace segment and improved margins. The financial health of the company is solid, with low leverage and effective cash generation. However, the stock appears overvalued with a high P/E ratio and low dividend yield. Technical indicators suggest strong momentum, but overbought signals caution potential investors.

Positive Factors

Aerospace Segment

TriMas Corp. benefited from an increase in orders within its aerospace segment.

Earnings

TriMas Corp. reported sales of $228.1 million compared to the forecast of $225.9 million, showing better-than-expected performance.

Negative Factors

Cost Structure

The decline in EPS is related to TriMas Corp. having a higher cost structure this year.

Guidance

The full year guidance remained unchanged due to tariffs being an unknown factor.

Trimas Business Overview & Revenue Model

Company Description

TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide. It operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, flexible spouts, and agricultural closures; polymeric jar products; integrated dispensers; bag-in-box products; aseptic closures; industrial closures and flex spouts; custom injection molded components and devices; various injection molded products; and single-bodied and assembled caps and closures under the Rieke, Taplast, Affaba & Ferrari, Stolz, Omega, and Rapak brands. The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting, and connectors for air management systems, and machined parts and components to original equipment manufacturers, supply chain distributors, MRO/aftermarket providers, and tier one suppliers; and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products, and Martinic Engineering brands. The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines. The company sells its products through a direct sales force, third-party agents, and distributors. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.

How the Company Makes Money

TriMas generates revenue primarily through the sale of its engineered products across its three business segments. In the Packaging segment, the company earns money by providing a wide range of closure and dispensing systems to consumer goods companies, which are used in products such as lotions, cleaners, and food containers. The Aerospace segment contributes to revenue through the manufacturing and sale of complex components and fasteners used in commercial and military aircraft. The Specialty Products segment includes various industrial products such as gaskets, cylinders, and other engineered components, which are sold to industries like oil and gas, construction, and transportation. TriMas also benefits from strategic partnerships and long-term contracts with major companies in these sectors, which help ensure a steady income stream.

Trimas Financial Statement Overview

Summary

Trimas demonstrates solid financial health with consistent revenue growth and improved profitability margins. The balance sheet reflects low leverage, supporting financial stability. Cash flow analysis shows robust operational cash generation, though capital expenditures affect free cash flow. The company is well-positioned for continued growth and stability.

Income Statement

Trimas shows a positive revenue growth trend with a 5.1% increase in TTM (Trailing-Twelve-Months) compared to the prior year. The company's gross profit margin is stable at 21.3% for TTM, albeit slightly lower than previous years. Net profit margin improved to 3.4% in TTM, indicating enhanced profitability. EBIT margin rose to 6.0%, suggesting better operational efficiency, while EBITDA margin improved significantly to 11.7%, reflecting strong cash earnings potential.

Balance Sheet

Trimas maintains a healthy equity ratio of 49.3% in TTM, indicating solid equity backing. The debt-to-equity ratio stands at 0.07, demonstrating low leverage and financial stability. Return on equity is modest at 4.6% in TTM, showing potential for higher profitability. The balance sheet reflects a stable financial position with manageable debt levels.

Cash Flow

The cash flow analysis shows a strong operating cash flow to net income ratio of 2.43 in TTM, indicating effective cash generation from operations. Free cash flow to net income ratio is 0.83, demonstrating decent cash flow conversion. Free cash flow growth of 102.9% in TTM highlights significant improvement, though capital expenditures slightly constrain free cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	925.01M	893.55M	883.83M	857.11M	769.97M
Gross Profit	199.46M	201.32M	208.30M	217.19M	182.08M
EBITDA	47.19M	124.10M	140.86M	158.19M	-38.28M
Net Income	24.25M	40.36M	66.17M	57.31M	-79.76M
Balance Sheet
Total Assets	1.32B	1.34B	1.30B	1.30B	1.19B
Cash, Cash Equivalents and Short-Term Investments	23.07M	34.89M	112.09M	140.74M	73.95M
Total Debt	442.84M	443.25M	444.02M	445.72M	384.64M
Total Liabilities	656.88M	658.71M	653.17M	672.79M	609.63M
Stockholders Equity	667.30M	682.95M	651.83M	630.85M	584.25M
Cash Flow
Free Cash Flow	12.82M	33.97M	26.61M	89.16M	86.93M
Operating Cash Flow	63.78M	88.16M	72.57M	134.22M	127.41M
Investing Cash Flow	-46.96M	-134.42M	-55.04M	-79.18M	-232.07M
Financing Cash Flow	-28.64M	-30.94M	-46.18M	11.75M	6.14M

Trimas Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 31.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRS, the sentiment is Positive. The current price of 31.53 is above the 20-day moving average (MA) of 29.85, above the 50-day MA of 27.74, and above the 200-day MA of 25.22, indicating a bullish trend. The MACD of 1.00 indicates Negative momentum. The RSI at 75.45 is Negative, neither overbought nor oversold. The STOCH value of 91.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TRS.

Trimas Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRS	70 Outperform	$1.28B	41.00	4.64%	0.51%	3.80%	-20.92%
SON	70 Outperform	$4.80B	30.97	3.97%	4.30%	0.92%	―
MYE	66 Neutral	$558.49M	54.95	3.69%	3.61%	3.92%	-73.64%
SEE	66 Neutral	$4.63B	15.21	43.40%	2.58%	-2.45%	-16.55%
OI	65 Neutral	$2.27B	―	-13.85%	―	-5.29%	18.22%
Sector *	63 Neutral	$17.10B	10.79	-8.01%	2.94%	1.62%	-25.73%
AMBP	52 Neutral	$2.32B	―	-69.06%	10.31%	8.39%	72.18%

Trimas Corporate Events

TriMas Appoints Thomas Snyder as New CEO

On June 3, 2025, TriMas Corporation’s Board of Directors appointed Thomas Snyder as the new President and CEO, effective June 23, 2025, succeeding Thomas Amato. Snyder brings nearly 35 years of experience from Silgan Holdings Inc., and his appointment includes a comprehensive compensation package. The transition is expected to impact the company’s leadership dynamics and operational strategies, with Amato transitioning to a Special Advisor role until June 30, 2025.

The most recent analyst rating on (TRS) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Trimas stock, see the TRS Stock Forecast page.

TriMas Holds Annual Shareholders Meeting, Elects Directors

On May 14, 2025, TriMas Corporation held its Annual Meeting of Shareholders, where 37,408,528 shares were represented, constituting a quorum. During the meeting, shareholders elected directors Jeffrey A. Fielkow and Adrianne W. Shapira for a three-year term, ratified Deloitte & Touche LLP as the independent public accounting firm for 2025, and approved the compensation for the Company’s Named Executive Officers.

The most recent analyst rating on (TRS) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Trimas stock, see the TRS Stock Forecast page.