TRS Q1 2023 Earnings — TriMas Corporation Revenue & Financial Results | Market Cap Arena

TRSTriMas Corporation

$2B

Q1 2023 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$215M-3.9% YoY

Gross Profit

$44M20.3% margin

Operating Income

$10M4.6% margin

Net Income

$5M2.3% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$671M

Stockholders' Equity

$649M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$215M	$224M	-3.9%
Gross Profit	$44M	$50M	-12.4%
Operating Income	$10M	$24M	-58.8%
Net Income	$5M	$14M	-65.3%

Revenue Segments

Packaging Reportable Segment

$116M54%

Aerospace Reportable Segment

$50M23%

Specialty Products Reportable Segment

$49M23%