Trimas's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Trimas (TRS) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Trimas vs Its Competitors
- TTM: Trailing 12-month revenue of 664M vs 203,186M combined for tracked competitors (0.3% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+5.1% annualized vs trailing 12 months), vs accelerating (+8.0%) for its tracked peer group.
- Growth: Trimas generated 1.7% revenue growth year over year in Q2 2026, vs 18.4% for its tracked competitors combined.
- Profitability: Its 7.7% net margin compares with 14.5% for the peer group.
- Scale: Trimas ranks #28 of 71 companies by market capitalization in the IT Infrastructure industry, holding 0.2% of industry market cap.
- Peer revenue share: Trimas accounted for 0.3% of combined revenue among its tracked peer group, down from 0.4% a year earlier.
- Peer differentiation: Revenue per employee of $0.20M compares with $0.61M for the peer group (0.3x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
TRS Sales vs. its Competitors, Q2 2026
Trimas reported revenue growth of 1.65 % year on year in Q2 2026, below its competitors' combined revenue growth of 18.37 %.
With a net margin of 7.66 %, Trimas reported lower profitability than its competitors (14.48 %).
Trimas generated 0.32 % of the combined sales of its peer group, down from 0.37 % a year earlier.
Trimas vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Trimas reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Trimas and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Trimas Corporation | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (4) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (10) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Trimas's competitor groups requires a Commercial License.
For context: the IT Infrastructure industry grew revenue 21.0% year over year, combined, vs 1.7% for Trimas. Trimas's share of combined industry revenue moved from 0.31% to 0.26%, a loss of 0.05 percentage points.
Trimas's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Trimas Corporation | - | Yes | No | No |
| Competitors combined (18) | ||||
| High-Confidence Competitors (8) | ||||
| Similar-Size Competitors (10) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
TRS Stock Performance relative to its Competitors
TRS Stock Performance relative to High-Confidence Competitors
TRS Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Greif Inc | 282.9% | Outperformed |
| 2 | Borgwarner Inc | 282.9% | Outperformed |
| 3 | Caterpillar Inc | 282.9% | Outperformed |
| 4 | Allison Transmission Holdings Inc | 282.9% | Outperformed |
| 5 | Woodward Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Trimas's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Trimas's Comment on Competition and Industry Peers
Publicly Traded Peers of Trimas Corporation
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Trimas Corporation | 1,403.18 | 664.37 |
| Caterpillar Inc | 337,976.50 | 74,729.00 |
| General Electric Company | 328,580.01 | 50,638.00 |
| Honda Motor Co Ltd | 160,135.03 | 142,393.78 |
| Howmet Aerospace Inc | 89,046.88 | 8,623.00 |
| Cummins Inc | 73,589.21 | 34,708.00 |
| SUBTOTAL | 1,147,739.31 | 387,644.96 |
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Sources: Trimas Corporation's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Trimas Corporation versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Trimas's Competitors Named by the Company
Competitive relationships identified from Trimas reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Aptar | Company report | 85% |
| Greif | Company report | 85% |
| Phoenix Closures | Company report | 85% |
| Zhejiang Jindun Pressure Vessel Co. | Company report | 85% |
| Bericap | Company report | 85% |
| Everest Kanto Cylinder | Company report | 85% |
| MAT S/A Gas Cylinders | Company report | 85% |
| Technocraft | Company report | 85% |
| Amcor | Company report | 85% |
| Faber | Company report | 85% |
| Mold-Rite | Company report | 85% |
| Beijing Tianhai Industry Co. | Company report | 85% |
| ENK Co. | Company report | 85% |
| Silgan | Company report | 85% |
| Comar | Company report | 85% |
| Berry Global | Company report | 85% |
| Cherry Aerospace - Precision Castparts Corp. | Company report | 85% |
| Ateliers de la Haute Garonne | Company report | 85% |
| Howmet Aerospace | Company report | 85% |
| Senior Aerospace | Company report | 85% |
| LISI Aerospace | Company report | 85% |
| Albea | Company report | 85% |
| CLC Packaging | Company report | 85% |
| TKPC | Company report | 85% |
Company report basis, confidence, active dates and source counts for Trimas's named competitors require a Commercial License.
Methodology: relationships are extracted from Trimas reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Trimas's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Trimas Corporation | Packaging Reportable 81.87 % |
| Caterpillar Inc | Construction Industries 41.12 % |
| General Electric Company | Commercial Engines and Services, Reportable 72.90 % |
| Howmet Aerospace Inc | Engine Products 54.26 % |
| Cummins Inc | Distribution 35.17 % |
| Borgwarner Inc | Turbos & Thermal Technologies 40.56 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Trimas's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Trimas Corporation | 1,403 | 195,403 | 266,235 |
| Caterpillar Inc | 337,977 | 633,297 | 91,873 |
| General Electric Company | 328,580 | 888,386 | 157,579 |
| Honda Motor Co Ltd | 160,135 | 730,251 | 30,405 |
| Howmet Aerospace Inc | 89,047 | 339,088 | 68,541 |
| Cummins Inc | 73,589 | 514,955 | 41,944 |
| PEERS TOTAL | 1,146,336 | 609,646 | 64,750 |
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Trimas's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Caterpillar Inc | Latin America -0.11 % |
| Cummins Inc | United States 56.10 % |
| Borgwarner Inc | Europe 37.96 % |
| Berry Global Group Inc | United States and Canada 56.51 % |
| Aptargroup inc | Europe 50.76 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Trimas's Position in Industry Market Structure
Market-capitalization share and concentration across all 66 companies in Trimas's industry classification, broader than the peer set above. Market cap in millions of $.Trimas ranks #28 of 66 companies by market capitalization in its industry, holding 0.19 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,049, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Danaher Corporation | 162,062 | 22.09 % |
| 2 | Amphenol Corporation | 102,298 | 13.94 % |
| 3 | Vertiv Holdings Co | 81,071 | 11.05 % |
| 4 | Keysight Technologies inc | 57,299 | 7.81 % |
| 5 | Ametek Inc | 1,234 | 5.2% |
| 6 | Teradyne Inc | 1,234 | 5.2% |
| 7 | Roper Technologies Inc | 1,234 | 5.2% |
| 8 | Veralto Corporation | 1,234 | 5.2% |
| 9 | Hubbell Inc | 1,234 | 5.2% |
| 10 | Fortive Corporation | 1,234 | 5.2% |
| 28 | Trimas Corporation | 1,403 | 0.19 % |
Market cap and industry share for the rest of Trimas's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-10-16.
Trimas's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 23 | Universal Display Corporation | 3,639 | -43.98 % |
| 24 | Cohu Inc | 2,405 | 135.83 % |
| 25 | Neogenomics Inc | 2,178 | 69.56 % |
| 26 | Aehr Test Systems | 1,859 | 132.10 % |
| 27 | Allient Inc | 1,234 | 12.3% |
| 28 | Trimas Corporation | 1,403 | 7.20 % |
| 29 | Lg Display Co Ltd | 1,234 | 12.3% |
| 30 | Vishay Precision Group Inc | 1,234 | 12.3% |
| 31 | Varex Imaging Corporation | 1,234 | 12.3% |
| 32 | Transcat Inc | 1,234 | 12.3% |
| 33 | Mesa Laboratories Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Trimas's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-10-16. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Trimas's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the IT Infrastructure industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (97 companies). See the full IT Infrastructure industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 12.59 % | 38.04 % (avg) | -25.5 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | 16.43 % | 5.48 % (avg) | +10.9 pp |
| Capital Intensity (Capex / Revenue) | 4.74 % | 3.86 % (avg) | +0.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Trimas's Valuation vs Competitive Position
Valuation multiples vs the IT Infrastructure industry average (97 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full IT Infrastructure industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 1.7x | 38.5x | -36.9x |
| EV / EBITDA | 11.0x | 21.3x | -10.3x |
| P/B | 1.3x | 4.3x | -3.0x |
| Return on Equity | 83.76 % | industry aggregate | 70.11 % |
| Return on Invested Capital | - | -0.12 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Trimas's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 7.26 % | -17.51 % | 6.42 % | 11.32 % | 3.12 % | 1.10 % | -29.41 % | 2.37 % |
| Operating Margin | 13.92 % | 12.61 % | -11.47 % | 11.09 % | 11.21 % | 7.32 % | 7.48 % | 11.48 % |
| Return on Invested Capital | 7.95 % | 5.35 % | -5.14 % | 5.39 % | 5.40 % | 3.53 % | 2.50 % | 3.77 % |
| P/E | 15.5x | 14.3x | - | 26.7x | 17.6x | 25.4x | 43.7x | 11.9x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Trimas's BCG Growth-Share Matrix
Relative market share (vs Trimas's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Trimas falls in the Dog quadrant: relative market share of 0.01x vs its largest competitor, in an industry growing revenue 7.9% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Trimas's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 1,049 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 4.74 % vs industry average 3.86 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Trimas's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Trimas's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Trimas's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Trimas falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Trimas's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 70.1 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+5.1% annualized vs trailing 12 months).
Weaknesses
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.01x).
Opportunities
No rule matched.
Threats
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Trimas's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Trimas Corporation | 2.68 | 4.19 | 0.39 |
| Caterpillar Inc | 0.19 | 1.39 | 0.99 |
| General Electric Company | - | 0.86 | 1.09 |
| Honda Motor Co Ltd | 0.53 | 1.36 | 0.76 |
| Howmet Aerospace Inc | 0.60 | 2.32 | 0.67 |
| Cummins Inc | 0.19 | 1.76 | 0.64 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Trimas's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Trimas Corporation | Q2 2026 | +1.6 % | -20.0 % |
| Caterpillar Inc | Q2 2026 | +24.0 % | +64.9 % |
| General Electric Company | Q2 2026 | +21.1 % | +16.6 % |
| Honda Motor Co Ltd | Q1 2025 | +0.6 % | -27.6 % |
| Howmet Aerospace Inc | Q1 2026 | +19.1 % | +69.1 % |
| Cummins Inc | Q2 2026 | +9.4 % | +4.3 % |
| PEERS TOTAL | +7.1 % | +31.1 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Trimas's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Trimas Corporation | Q2 2026 | +4.1 % | -53.6 % |
| Caterpillar Inc | Q2 2026 | +18.3 % | +16.3 % |
| General Electric Company | Q2 2026 | +540.9 % | +2.4 % |
| Honda Motor Co Ltd | Q1 2025 | +1.6 % | +38.8 % |
| Howmet Aerospace Inc | Q1 2026 | +13.1 % | -21.0 % |
| Cummins Inc | Q2 2026 | +9.9 % | +7.8 % |
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Trimas's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Trimas Corporation | 48.52% | 55.82% | 83.76% |
| Caterpillar Inc | 11.11% | 17.90% | 54.18% |
| General Electric Company | 6.98% | 11.25% | 48.50% |
| Honda Motor Co Ltd | 2.89% | 4.01% | 7.04% |
| Howmet Aerospace Inc | 15.00% | 17.80% | 33.11% |
| Cummins Inc | 8.21% | 10.31% | 21.02% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Trimas's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Trimas Corporation | 1.61 | 2.11 |
| Caterpillar Inc | 31.48 | 4.52 |
| General Electric Company | 37.05 | 6.49 |
| Honda Motor Co Ltd | 29.05 | 1.12 |
| Howmet Aerospace Inc | 51.26 | 10.33 |
| Cummins Inc | 27.14 | 2.12 |
| PEERS AVERAGE | 27.32 | 2.96 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.