TSE Q1 2023 Earnings — Trinseo PLC Revenue & Financial Results | Market Cap Arena

TSETrinseo PLC

$4M

Q1 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$996M-28.2% YoY

Gross Profit

$37M3.7% margin

Operating Income

-$30M-3.0% margin

Net Income

-$49M-4.9% margin

EPS (Diluted)

$-1.40

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$24M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$3.4B

Stockholders' Equity

$376M

Cash & Equivalents

$217M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$996M	$1.4B	-28.2%
Gross Profit	$37M	$176M	-78.9%
Operating Income	-$30M	$65M	-146.7%
Net Income	-$49M	$17M	-392.8%

Revenue Segments

Base Plastics

$290M29%

Latex Binders

$248M25%

Polystyrene

$209M21%

Engineered Materials

$206M21%

Feedstocks

$43M4%