TRIMAS CORP (TRS) FY2025 10-K Annual Report

Filed: Mar 2, 2026
Industrials
Metal Forgings & StampingsSEC EDGAR

TRIMAS CORP (TRS) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Mar 2, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

TRIMAS CORP FY2025 10-K Analysis

Business Overview

  • Core business: Designs and manufactures specialty engineered products for consumer packaging, aerospace/defense (to be divested), and industrial markets
  • Divestiture of TriMas Aerospace announced Nov 2025 for $1.45B cash, expected Q1 2026 closing; Aerospace results presented as discontinued operations
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Management Discussion & Analysis

  • Revenue $630.8M in 2024, down $21.4M (3.3%) YoY; Packaging up 10.3% organically, Specialty segment down 37.2% organically
  • Gross profit margin 20.5% vs 23.5% YoY; Operating profit margin 2.4% vs 7.8%, operating profit down $35.5M to $15.2M due to cost absorption and charges
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Risk Factors

  • Regulatory/legal risk: U.S. 2025 baseline and reciprocal tariffs on imports from countries with trade deficits, including China, increasing costs on China-based imports
  • Geopolitical/macroeconomic threat: Cost inflation in 2025 for raw materials, wages, and freight amid tariff uncertainty impacts operations globally
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TRIMAS CORP FY2025 Key Financial Metrics
XBRL

Revenue

$646M

-30.2% YoY

Net Income

$120M

+395.4% YoY

Gross Margin

21.4%

-17bp YoY

Operating Margin

6.4%

+129bp YoY

Net Margin

18.6%

+1598bp YoY

ROE

17.0%

+1339bp YoY

Total Assets

$1.5B

+12.2% YoY

EPS (Diluted)

$2.95

+400.0% YoY

Operating Cash Flow

$117M

+84.1% YoY

Source: XBRL data from TRIMAS CORP FY2025 10-K filing on SEC EDGAR. All figures in USD.

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