TSE Q3 2023 Earnings — Trinseo PLC Revenue & Financial Results | Market Cap Arena

TSETrinseo PLC

$4M

Q3 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$879M-25.4% YoY

Gross Profit

$31M3.6% margin

Operating Income

-$16M-1.9% margin

Net Income

-$38M-4.4% margin

EPS (Diluted)

$-1.09

QoQ Revenue Growth

-8.7%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$16M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$3.3B

Stockholders' Equity

-$21M

Cash & Equivalents

$279M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$879M	$1.2B	-25.4%
Gross Profit	$31M	-$40M	+179.2%
Operating Income	-$16M	-$99M	+83.5%
Net Income	-$38M	-$120M	+67.9%

Revenue Segments

Latex Binders

$222M35%

Engineered Materials

$186M29%

Polystyrene

$175M28%

Feedstocks

$50M8%