TSE

MKT CAP:$7M

Trinseo PLC

Market Cap

$7M

Basic Materials·Chemicals - Specialty·🇺🇸 United States·NYSE

Materials·Chemicals·🇺🇸·NYSE

Stock Price

$0.11-$0.54 (-83.54%)

Apr 13, 2026

Company Details

Trinseo PLC, a materials solutions provider, manufactures and sells plastics and latex binders in the United States, Europe, the Asia-Pacific, and internationally. The company operates through six segments: Engineered Materials, Latex Binde...

CEO

Frank A. Bozich

IPO Date

Jun 12, 2014

Website

www.trinseo.com

Key Metrics TTM

Revenue

$3.1B

-11.2% YoY

Net Income

-$412M

EPS (Diluted)

-$11.56

Free Cash Flow

-$96M

Revenue / Share

$87.05

Gross Margin

6.2%

Operating Margin

-4.3%

Net Margin

-13.2%

FCF Margin

-3.1%

P/S

0.0x

P/E

—

Earnings Reports

FY 2025

Mar 13, 2026

$3.0B-15.3%EPS -$15.24

Q3 2025

Nov 7, 2025

$743M-14.3%EPS -$3.05

Q2 2025

Aug 7, 2025

$784M-14.8%EPS -$2.96

Q1 2025

May 8, 2025

$785M-13.2%EPS -$2.22

FY 2024

Feb 27, 2025

$3.5B-4.4%EPS -$9.87

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$1.3B	$122M	$47M
Q1 22	$1.4B	$176M	$65M
Q2 22	$1.4B	$139M	$92M
Q3 22	$1.2B	-$40M	-$99M
Q4 22	$975M	-$3M	-$421M
Q1 23	$996M	$37M	-$30M
Q2 23	$963M	$54M	-$337M
Q3 23	$879M	$31M	-$16M
Q4 23	$838M	$20M	-$72M
Q1 24	$904M	$61M	-$3M
Q2 24	$920M	$68M	$14M
Q3 24	$868M	$81M	-$12M
Q4 24	$822M	$56M	-$44M
Q1 25	$785M	$64M	-$29M
Q2 25	$784M	$37M	-$33M
Q3 25	$743M	$37M	-$28M

Valuation

Quarter	P/S	P/E
Q4 21	0.0x	0.0x
Q1 22	0.0x	0.0x
Q2 22	0.0x	0.0x
Q3 22	0.0x	0.1x
Q4 22	0.0x	—
Q1 23	0.0x	—
Q2 23	0.0x	—
Q3 23	0.0x	—
Q4 23	0.0x	—
Q1 24	0.0x	—
Q2 24	0.0x	—
Q3 24	0.0x	—
Q4 24	0.0x	—
Q1 25	0.0x	—
Q2 25	0.0x	—
Q3 25	0.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$215M	$162M
Q1 22	-$5M	-$29M
Q2 22	-$83M	-$115M
Q3 22	$98M	$59M
Q4 22	$34M	-$20M
Q1 23	$45M	$24M
Q2 23	$57M	$43M
Q3 23	$29M	$16M
Q4 23	$18M	-$3M
Q1 24	-$66M	-$82M
Q2 24	-$42M	-$56M
Q3 24	$9M	-$3M
Q4 24	$85M	$64M
Q1 25	-$110M	-$119M
Q2 25	$7M	-$3M
Q3 25	-$22M	-$38M

Capital Expenditures

Quarter	CapEx
Q4 21	$53M
Q1 22	$24M
Q2 22	$32M
Q3 22	$39M
Q4 22	$54M
Q1 23	$22M
Q2 23	$14M
Q3 23	$14M
Q4 23	$21M
Q1 24	$16M
Q2 24	$14M
Q3 24	$12M
Q4 24	$21M
Q1 25	$9M
Q2 25	$10M
Q3 25	$17M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+91.2%	+108.2%
Q1 22	+40.6%	+59.2%
Q2 22	+11.9%	+18.8%
Q3 22	-7.2%	+10.0%
Q4 22	-24.9%	+11.6%
Q1 23	-28.2%	-22.4%
Q2 23	-32.5%	-2.6%
Q3 23	-25.4%	-29.9%
Q4 23	-14.1%	-34.9%
Q1 24	-9.3%	-11.6%
Q2 24	-4.4%	-30.3%
Q3 24	-1.3%	-1.7%
Q4 24	-1.9%	-4.8%
Q1 25	-13.2%	-10.3%
Q2 25	-14.8%	-9.8%
Q3 25	-14.3%	-12.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$4M	0.3%
Q1 22	$8M	0.6%
Q2 22	$4M	0.3%
Q3 22	$3M	0.3%
Q4 22	$3M	0.3%
Q1 23	$8M	0.8%
Q2 23	$4M	0.4%
Q3 23	$4M	0.5%
Q4 23	$3M	0.4%
Q1 24	$6M	0.7%
Q2 24	$0	0.0%
Q3 24	$3M	0.4%
Q4 24	$3M	0.3%
Q1 25	$6M	0.7%
Q2 25	$2M	0.3%
Q3 25	$2M	0.2%

OpEx Breakdown

Quarter	SG&A
Q4 21	$93M
Q1 22	$97M
Q2 22	$86M
Q3 22	$81M
Q4 22	$136M
Q1 23	$85M
Q2 23	$54M
Q3 23	$67M
Q4 23	$105M
Q1 24	$70M
Q2 24	$70M
Q3 24	$97M
Q4 24	$90M
Q1 25	$91M
Q2 25	$78M
Q3 25	$60M

Revenue Segments

Quarter	Base Plastics	Engineered Materials	Feedstocks	Latex Binders	Polystyrene	Polymer Solutions
Q4 21	$379M	$278M	$73M	$306M	$264M	—
Q1 22	$397M	$307M	$70M	$295M	$318M	—
Q2 22	$362M	$354M	$97M	$301M	$312M	—
Q3 22	$293M	$243M	$53M	$341M	$248M	—
Q4 22	$271M	$205M	$28M	$255M	$215M	—
Q1 23	$290M	$206M	$43M	$248M	$209M	—
Q1 25	—	$277M	—	$209M	—	$298M
Q2 25	—	$293M	—	$204M	—	$287M
Q3 25	—	$274M	—	$198M	—	$271M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$449M	$0	$449M
Q2 22	$264M	$0	$264M
Q3 22	$243M	$0	$243M
Q4 22	$212M	$0	$212M
Q1 23	$217M	$0	$217M
Q2 23	$270M	$0	$270M
Q3 23	$279M	$0	$279M
Q4 23	$259M	$0	$259M
Q1 24	$166M	$0	$166M
Q2 24	$106M	$0	$106M
Q3 24	$165M	$0	$165M
Q4 24	$210M	$0	$210M
Q1 25	$126M	$0	$126M
Q2 25	$137M	$0	$137M
Q3 25	$112M	$0	$112M
Q4 25	$147M	$0	$147M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	40M	0.0%	+2.9%
Q1 22	38M	-3.5%	-3.5%
Q2 22	37M	-2.9%	-6.6%
Q3 22	35M	-4.9%	-10.9%
Q4 22	35M	-0.6%	-11.4%
Q1 23	35M	0.0%	-8.1%
Q2 23	35M	+0.6%	-4.9%
Q3 23	35M	0.0%	0.0%
Q4 23	35M	0.0%	+0.6%
Q1 24	35M	+0.3%	+0.9%
Q2 24	35M	0.0%	+0.3%
Q3 24	35M	+0.3%	+0.6%
Q4 24	35M	0.0%	+0.6%
Q1 25	36M	+0.3%	+0.6%
Q2 25	36M	+0.3%	+0.8%
Q3 25	36M	+1.1%	+1.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$418.9K	3K
Q1 22	$447.3K	3K
Q2 22	$459.8K	3K
Q3 22	$380.0K	3K
Q4 22	$286.8K	3K
Q1 23	$293.0K	3K
Q2 23	$283.1K	3K
Q3 23	$258.5K	3K
Q4 23	$270.2K	3K
Q1 24	$291.6K	3K
Q2 24	$296.8K	3K
Q3 24	$279.9K	3K
Q4 24	$278.5K	3K
Q1 25	$266.0K	3K
Q2 25	$265.9K	3K
Q3 25	$251.9K	3K

Revenue / Employee