TRIMAS CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $645.7M | $630.8M | $652.2M | $883.8M | $857.1M | $770.0M | $723.5M | $705.0M |
| Cost of Revenue | $507.6M | $501.3M | $498.9M | $675.5M | $639.9M | $587.9M | $529.6M | $504.9M |
| Gross Profit | $138.2M | $129.5M | $153.3M | $208.3M | $217.2M | $182.1M | $193.9M | $200.1M |
| Gross Margin | 21.4% | 20.5% | 23.5% | 23.6% | 25.3% | 23.6% | 26.8% | 28.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $129.3M | $109.7M | $102.5M | $131.2M | $122.0M | $134.5M | $102.5M | $91.2M |
| Operating Income | $41.3M | $15.2M | $50.7M | $99.1M | $95.1M | $-88.3M | $91.2M | $108.8M |
| Operating Margin | 6.4% | 2.4% | 7.8% | 11.2% | 11.1% | -11.5% | 12.6% | 15.4% |
| Interest Expense | — | — | $15.9M | $14.1M | $14.5M | $14.7M | $14.0M | $13.9M |
| Pretax Income | $24.3M | $-4.2M | $35.9M | $87.7M | $69.1M | $-102.7M | $78.3M | $92.4M |
| Income Tax Expense | $-48.1M | $-2.2M | $6.3M | $21.5M | $11.8M | $-23.0M | $16.3M | $18.7M |
| Net Income | $120.1M | $24.3M | $40.4M | $66.2M | $57.3M | $-79.8M | $98.6M | $83.3M |
| Net Margin | 18.6% | 3.8% | 6.2% | 7.5% | 6.7% | -10.4% | 13.6% | 11.8% |
| EPS (Basic) | $2.97 | $0.60 | $0.97 | $1.57 | $1.33 | $-1.83 | $2.18 | $1.82 |
| EPS (Diluted) | $2.95 | $0.60 | $0.97 | $1.56 | $1.32 | $-1.83 | $2.16 | $1.80 |
| Shares Outstanding (Basic) | 40.4M | 40.7M | 41.4M | 42.2M | 43.0M | 43.6M | 45.3M | 45.8M |
| Shares Outstanding (Diluted) | 40.8M | 40.7M | 41.7M | 42.5M | 43.3M | 43.6M | 45.6M | 46.2M |
| Dividends Per Share | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | — | — | — |