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Trimas Corporation  (NASDAQ: TRS)
    Sector  Technology    Industry IT Infrastructure
   Industry IT Infrastructure
   Sector  Technology
 
Price: $39.4800 $0.63 1.622%
Day's High: $39.5099983215332 Week Perf: 1.81 %
Day's Low: $ 38.71 30 Day Perf: -2.47 %
Volume (M): 222,896 52 Wk High: $ 45.43
Volume (M$): $ 0 52 Wk Avg: $37.59
Open: $38.71 52 Wk Low: $30.43



 Market Capitalization (Millions $) 1,430
 Shares Outstanding (Millions) 36
 Employees 3,400
 Revenues (TTM) (Millions $) 768
 Net Income (TTM) (Millions $) 905
 Cash Flow (TTM) (Millions $) 1,279
 Capital Exp. (TTM) (Millions $) 32

Business Description


With its TriMas Packaging, TriMas Aerospace, and Specialty Products departments, TriMas designs, develops, and manufactures a varied range of products primarily for the consumer, aerospace, and industrial industries. We think our companies have key and differentiating traits, such as well-known brand names in the industries we service; innovative product technologies and features; customer-approved procedures and qualified goods; high cash flow conversion and long-term growth potential. TriMas is headquartered in Bloomfield Hills, Michigan.
TriMas Packaging segment consists of TriMas Packaging, which includes the Rieke, Affaba & Ferrari, Taplast, Rapak and Omega Plastics brands. We believe TriMas Packaging is a leading designer, developer and manufacturer of specialty, highly-engineered polymeric and steel closure and dispensing systems for a range of end markets, including consumer packaging and industrial markets. We manufacture high-performance, value-added products that are designed to enhance our customers' ability to store, transport, process and dispense various products.
TriMas Packaging designs and manufactures dispensing products (including foaming pumps, lotion and hand soap pumps, sanitizer pumps, beverage dispensers, perfume sprayers, nasal sprayers and trigger sprayers), polymeric and steel caps and closures (including food lids, flip-top closures, child resistance caps, drum and pail closures and flexible spouts), polymeric jar products, and fully integrated dispensers for fill-ready, flexible bag-in-box applications, for a variety of consumer product markets including, but not limited to, beauty and personal care, home care, food and beverage, medical, pharmaceutical and nutraceutical, as well as industrial markets.
Our Aerospace segment is comprised of TriMas Aerospace, which includes the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, RSA Engineered Products, Martinic Engineering and TFI Aerospace brands. We believe TriMas Aerospace is a leading designer and manufacturer of a diverse range of products, including, but not limited to, highly-engineered fasteners, collars, blind bolts, rivets, ducting and connectors for air management systems, and other highly-engineered machined parts and components, for use in focused markets within the aerospace industry. In general, these products are customer-specific and are manufactured utilizing customer-qualified and proprietary processes. The products also satisfy rigorous customer approvals or meet unique aerospace industry standards, and as such, we believe there are a limited set of competitors.
We provide products for commercial, business jet, and military and defense aerospace applications and platforms with sales to original equipment manufacturers ("OEMs"), supply chain distributors, MRO/aftermarket providers and tier one suppliers. Our customer-specified and/or qualified products are used in production of significant long-term aircraft programs, including several Boeing and Airbus commercial jetliner programs.
We believe our brands are well established and recognized in their markets. Each of our brands are long-term, certified suppliers of aerospace OEMs or Tier 1 suppliers, and have been serving the aerospace industry for decades. Our TriMas Aerospace go-to-market fastener brands include Monogram Aerospace Fasteners ('Monogram'), Allfast Fastening Systems ('Allfast'), Mac Fasteners and TFI Aerospace ('TFI'), and our engineered product brands include RSA Engineered Products ("RSA") and Martinic Engineering ("Martinic").

Our Specialty Products segment is comprised of our Norris Cylinder and Arrow Engine Company businesses. We believe these businesses are well established and recognized in the end markets they serve.
TriMas Norris Cylinder business is a leading designer, manufacturer and distributor of highly-engineered steel cylinders for use in industrial, heating, ventilation and air conditioning ("HVAC"), construction, health care and defense end markets. We believe that Norris Cylinder is a leading provider of a complete line of large, intermediate and small size, high and low-pressure steel cylinders for the transportation, storage and dispensing of compressed gases. Norris Cylinder's large high-pressure seamless gas cylinders are used principally for shipping, storing and dispensing oxygen, nitrogen, argon, helium and other compressed gases. In addition, Norris Cylinder offers a complete line of steel cylinders used to contain and dispense acetylene gas for the welding and cutting industries. Norris Cylinders products meet the rigorous standards required by the Department of Transportation ("DOT") or International Standards Organization ("ISO"), which certifies a cylinders adequacy to perform in specific applications.


   Company Address: 38505 Woodward Avenue Bloomfield Hills 48304 MI
   Company Phone Number: 631-5450   Stock Exchange / Ticker: NASDAQ TRS


Customers Net Income grew by TRS's Customers Net Profit Margin grew to

68.96 %

16.21 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ATR   -4.2%    
CMI   -0.73%    
GE   -1.59%    
GNRC        1.93% 
NPO   -0.67%    
THRM        2.91% 
• View Complete Report
   



Business Update

TriMas Expands Leadership and Sustainability Footprint Amid Strategic Acquisitions and Key Inducements

Published Sat, Jun 28 2025 4:56 PM UTC

In a series of noteworthy developments, TriMas Corporation (NASDAQ: TRS), a diversified global manufacturer, is positioning itself for future growth and sustainability through strategic leadership decisions, acquisitions, and a strong commitment to environmental and social governance (ESG). These initiatives not only reinforce TriMas’s market position but also demonstrate ...

Business Update

TriMas Corporation, a Bloomfield Hills-based manufacturer known for its aerospace fasteners, has secured a ...

Published Mon, Feb 24 2025 6:00 PM UTC

TriMas Aerospace Expands Contracts with Airbus Amid Mixed Financial Performance TriMas Corporation, a Bloomfield Hills-based manufacturer known for its aerospace fasteners, has secured a multi-year global contract with Airbus. This significant achievement involves its Monogram Aerospace Fasteners, Allfast Fastening Systems, and Mac Fasteners brands, and builds upon the exist...

Business Update

TriMas Completes Acquisition of GMT Aerospace

Published Mon, Feb 17 2025 5:48 PM UTC

TriMas Strengthens Aerospace Portfolio Amidst Competitive ChallengesIn a strategic move aimed at bolstering its aerospace capabilities, TriMas Corporation (NASDAQ: TRS) has successfully finalized the acquisition of GMT Gummi-Metall-Technik GmbH s aerospace division, GMT Aerospace. Based in Germany, this division specializes in the design and manufacture of a diverse range o...

Business Update

TriMas Unveils Ambitious Expansion in China Amidst Stock Market Challenges,

Published Mon, Nov 25 2024 8:47 PM UTC

TriMas Packaging, a division of TriMas Corporation, has announced the opening of a cutting-edge facility in Haining, China, marking a significant milestone in the company’s growth strategy. This new investment demonstrates the company’s commitment to enhancing its global manufacturing capabilities and catering to the increasing demand for sustainable packaging solutions ...

Dividend

TriMas Declares Quarterly Dividend, Providing Stability Amidst Market Volatility

Published Wed, Jul 24 2024 12:06 AM UTC


In light of recent events surrounding TriMas Corporation, shareholders can find solace in the announcement of a quarterly cash dividend of $0.04 per share. This declaration, scheduled to be paid out on August 13, 2024, to shareholders of record on August 6, 2024, demonstrates TriMas commitment to providing long-term stability amidst market fluctuations.
TriMas, kno...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 1.64
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 1.86
Price to Sales (Expected) -
Price to Book 0.99
PEG (TTM) 0

Financial Strength Current
Quick Ratio 4.37
Working Capital Ratio 5.44
Leverage Ratio (MRQ) 0.56
Total Debt to Equity 0.28
Interest Coverage (TTM) -
Debt Coverage (TTM) 0.21

Per Share Current
Earnings (TTM) 24 $
Revenues (TTM) 21.2 $
Cash Flow (TTM) 35.33 $
Cash 34.31 $
Book Value 39.84 $
Dividend (TTM) 0.16 $

Efficiency Current
Revenue per Employee (TTM) 225,768
Net Income per Employee (TTM) 266,235
Receivable Turnover Ratio (TTM) 5.24
Inventory Turnover Ratio (TTM) 2.73
Asset Turnover Ratio (TTM) 0.4

Profitability Ratios Current
Gross Margin (MRQ) 20.24 %
Operating Margin (MRQ) 6.22 %
Net Margin (MRQ) 7.66 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) 24.2 %

Management Effectiveness Current
Return On Assets (TTM) 47.51 %
Return On Investment (TTM) 55.82 %
Return On Equity (TTM) 83.76 %
Dividend Yield 0.41 %
Pay out Ratio (TTM) 0.67 %



Trimas's Segments
Packaging Reportable    161.58 % of total Revenue
Specialty Products Reportable    34.81 % of total Revenue





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