Trimas (TRS) AI Stock Analysis

• Market Cap: $1.01B
• Dividend Yield: 0.64%
• Average Volume (3M): 451.64K
• Price to Earnings (P/E): 32.4
• Beta (1Y): 0.82
• Revenue Growth: 3.80%
• EPS Growth: -20.92%
• Country: US
• Employees: 3,900
• Sector: Consumer Cyclical
• Sector Strength: 75
• Industry: Packaging & Containers
• EPS (TTM): 0.46
• Shares Outstanding: 40,651,688
• 10 Day Avg. Volume: 336,951
• 30 Day Avg. Volume: 451,640
• PEG Ratio: 0.48
• Price to Book (P/B): 1.46
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 38.51
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $40.00
• Price Target Upside: 54.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Trimas Corporation's overall score of 69 reflects strong financial performance and positive earnings call highlights, particularly in the Aerospace segment. However, mixed technical signals and a high valuation limit the score. Despite these concerns, the company's strategic initiatives and robust cash flow generation position it well for future growth.

Positive Factors

Aerospace Orders

TRS benefited from an increase in orders within its aerospace segment.

Earnings

TriMas Corp. (TRS) reported sales and earnings above estimates.

Negative Factors

Cost Structure

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

Packaging Segment Demand

Demand is unlikely to remain at the same level to give TRS the ability to scale the packaging segment to the degree expected.

Trimas Business Overview & Revenue Model

Company Description

TriMas Corporation (NASDAQ: TRS) is a diversified industrial manufacturer that designs, engineers, and manufactures a wide array of products for commercial, industrial, and consumer end markets. The company operates through three main segments: Packaging, Aerospace, and Specialty Products. Its product offerings include dispensing systems, closures, and containers in the Packaging segment; fasteners, machined components, and complex hardware in the Aerospace segment; and engines, compressors, and other industrial products in the Specialty Products segment.

How the Company Makes Money

TriMas Corporation generates revenue through the sale of its diverse product offerings across its three business segments. In the Packaging segment, the company earns income by providing innovative dispensing systems and closures to sectors such as health, beauty, and food & beverage. The Aerospace segment contributes to revenue through the sale of fasteners, machined components, and complex hardware to commercial and military aerospace customers. The Specialty Products segment drives income by selling industrial engines, compressors, and other products to end markets like energy and industrial applications. The company's revenue model is supported by long-term relationships with key customers, technological innovation, and a focus on operational efficiency across its manufacturing processes.

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, with opportunities for enhancing profitability metrics.

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
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
939.58M	925.01M	893.55M	883.83M	857.11M	769.97M
	Gross Profit
200.15M	199.46M	201.32M	208.30M	217.19M	182.08M
	EBIT
56.53M	47.19M	65.44M	99.06M	95.09M	47.84M
	EBITDA
123.72M	47.19M	124.10M	140.86M	158.19M	-38.28M
	Net Income Common Stockholders
31.53M	24.25M	40.36M	66.17M	57.31M	-79.76M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
32.71M	23.07M	34.89M	112.09M	140.74M	73.95M
	Total Assets
1.39B	1.32B	1.34B	1.30B	1.30B	1.19B
	Total Debt
483.83M	442.84M	443.25M	444.02M	445.72M	384.64M
	Net Debt
451.12M	419.77M	408.36M	331.93M	304.98M	310.69M
	Total Liabilities
707.18M	656.88M	658.71M	653.17M	672.79M	609.63M
	Stockholders Equity
686.57M	667.30M	682.95M	651.83M	630.85M	584.25M
Cash Flow		Free Cash Flow
26.01M	12.82M	33.97M	26.61M	89.16M	86.93M
	Operating Cash Flow
76.66M	63.78M	88.16M	72.57M	134.22M	127.41M
	Investing Cash Flow
-63.43M	-46.96M	-134.42M	-55.04M	-79.18M	-232.07M
	Financing Cash Flow
-10.99M	-28.64M	-30.94M	-46.18M	11.75M	6.14M

Trimas Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.82
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 25.82 is above the 20-day moving average (MA) of 23.62, above the 50-day MA of 23.10, and above the 200-day MA of 24.41, indicating a bullish trend. The MACD of 0.76 indicates Negative momentum. The RSI at 69.99 is Neutral, neither overbought nor oversold. The STOCH value of 75.31 is Neutral, 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
SEE	71 Outperform	$4.75B	15.60	43.40%	2.48%	-2.45%	-16.55%
SON	71 Outperform	$4.56B	30.14	5.54%	4.48%	-4.58%	-61.14%
AMBP	71 Outperform	$2.32B	―	-69.06%	10.31%	4.42%	70.21%
TRS	69 Neutral	$1.01B	32.40	4.64%	0.64%	3.80%	-20.92%
MYE	67 Neutral	$468.77M	44.80	3.69%	4.31%	3.92%	-73.64%
OI	65 Neutral	$2.09B	―	-13.85%	―	-5.29%	18.22%
Sector *	61 Neutral	$6.97B	11.38	2.88%	3.90%	2.64%	-22.07%

Trimas Corporate Events

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.

Spark’s Take on TRS Stock

According to Spark, TipRanks’ AI Analyst, TRS is a Neutral.

Trimas Corporation’s overall score of 69 reflects strong financial performance and positive earnings call highlights, particularly in the Aerospace segment. However, mixed technical signals and a high valuation limit the score. Despite these concerns, the company’s strategic initiatives and robust cash flow generation position it well for future growth.

To see Spark’s full report on TRS stock, click here.

TriMas Announces CFO Resignation and Interim Appointment

On March 14, 2025, TriMas Corporation announced the resignation of its Chief Financial Officer, Scott A. Mell, effective March 20, 2025. His departure is not due to any disagreements with the company. Teresa M. Finley, a current board member with extensive financial expertise, has been appointed as the interim CFO to ensure continuity in strategic momentum and financial operations. Her appointment aims to enhance shareholder value and maintain the company’s trajectory. Additionally, board member Jeffrey M. Greene will not seek re-election at the upcoming annual meeting in May 2025.