TRS Q3 2023 Earnings — TriMas Corporation Revenue & Financial Results | Market Cap Arena

TRSTriMas Corporation

$2B

Q3 2023 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$235M+7.7% YoY

Gross Profit

$54M23.1% margin

Operating Income

$26M11.2% margin

Net Income

$16M7.0% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$667M

Stockholders' Equity

$675M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$235M	$219M	+7.7%
Gross Profit	$54M	$45M	+21.3%
Operating Income	$26M	$17M	+56.6%
Net Income	$16M	$13M	+24.0%

Revenue Segments

Packaging Reportable Segment

$117M50%

Aerospace Reportable Segment

$68M29%

Specialty Products Reportable Segment

$51M22%