Trinseo PLC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.97B | $3.51B | $3.68B | $4.97B | $4.83B | $2.74B | $3.37B | $4.62B |
| Cost of Revenue | $2.81B | $3.25B | $3.53B | $4.69B | $4.13B | $2.42B | $3.07B | $4.09B |
| Gross Profit | $165.9M | $265.6M | $142.3M | $272.3M | $698.9M | $321.1M | $300.4M | $528.8M |
| Gross Margin | 5.6% | 7.6% | 3.9% | 5.5% | 14.5% | 11.7% | 8.9% | 11.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $417.0M | $327.0M | $310.3M | $398.8M | $323.4M | $227.5M | $276.9M | $257.0M |
| Operating Income | $-254.2M | $-46.0M | $-455.4M | $-363.9M | $461.4M | $149.6M | $142.5M | $414.4M |
| Operating Margin | -8.5% | -1.3% | -12.4% | -7.3% | 9.6% | 5.5% | 4.2% | 9.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-503.0M | $-318.0M | $-632.9M | $-469.6M | $350.5M | $105.4M | $99.8M | $364.3M |
| Income Tax Expense | $42.6M | $30.5M | $68.4M | $-41.6M | $70.9M | $42.7M | $12.7M | $71.8M |
| Net Income | $-545.6M | $-348.5M | $-701.3M | $-430.9M | $440.0M | $7.9M | $92.0M | $292.5M |
| Net Margin | -18.3% | -9.9% | -19.1% | -8.7% | 9.1% | 0.3% | 2.7% | 6.3% |
| EPS (Basic) | $-15.24 | $-9.86 | $-19.88 | $-11.99 | $11.37 | $0.20 | $2.28 | $6.83 |
| EPS (Diluted) | $-15.24 | $-9.86 | $-19.88 | $-11.99 | $11.12 | $0.20 | $2.26 | $6.70 |
| Shares Outstanding (Basic) | 35.8M | 35.3M | 35.3M | 35.9M | 38.7M | 38.3M | 40.3M | 42.8M |
| Shares Outstanding (Diluted) | 35.8M | 35.3M | 35.3M | 35.9M | 39.6M | 38.6M | 40.7M | 43.7M |
| Dividends Per Share | $0.02 | $0.04 | $0.17 | $1.28 | $0.80 | $1.28 | $1.60 | $1.56 |