TRS Q2 2023 Earnings — TriMas Corporation Revenue & Financial Results | Market Cap Arena

TRSTriMas Corporation

$2B

Q2 2023 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$233M-1.9% YoY

Gross Profit

$54M23.0% margin

Operating Income

$24M10.2% margin

Net Income

$11M4.7% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+8.2%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$694M

Stockholders' Equity

$662M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$233M	$238M	-1.9%
Gross Profit	$54M	$58M	-7.1%
Operating Income	$24M	$31M	-24.3%
Net Income	$11M	$20M	-44.5%

Revenue Segments

Packaging Reportable Segment

$117M50%

Aerospace Reportable Segment

$60M26%

Specialty Products Reportable Segment

$56M24%