TRSTriMas Corporation

$40.14

Is the business good?

How good a business is TRS?

TriMas Corporation earns 3.9% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

3.9%

Return on invested capital · cost of capital 9.0% · 5.1 points below what the capital costs: growth destroys value

Operating margin
4.0%

Operating margin · Packaging & Containers median 4.6% · 12 months to Q1 2026

Cash conversion
0.05×

Cash conversion · 0.82× a year ago · some of the reported profit has not turned into cash yet

Share count, year on year
−8.6%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY2020−11%
FY202111%
FY202211%
FY20237.8%
FY20242.4%
FY20256.4%
Details
Gross margin12 months to Q1 2026
22%
Operating margin12 months to Q1 2026
4.0%
Net margin12 months to Q1 2026
137%
Free cash flow margin
7.3%
Revenue, trailing twelve months
$662M
Free cash flow, trailing twelve months
$48M
Net income, trailing twelve months
$909M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
3.9%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.