TRSTRIMAS CORP
Metal Forgings & Stampings
- Revenue
- $646M
- 2.4% YoY
- Operating margin
- 6.4%
- 166% YoY
- EBITDA
- $81M
- 1.1% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -10.4×
- −$846M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear98% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear94% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear13% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $857M | $884M | $652M | $631M | $646M | 2.4% |
| Operating income | $95M | $99M | $51M | $15M | $41M | 172% |
| Net income | $57M | $66M | $40M | $24M | $120M | 395% |
| Operating cash flow | $134M | $73M | $88M | $64M | $117M | 84% |
| Capex | $45M | $46M | $54M | $51M | $48M | 5.1% |
| Stock-based comp | $10M | $10M | $10M | $7M | $12M | 66% |
| Buybacks | $19M | $37M | $19M | $19M | $103M | 436% |
| Dividends | $2M | $7M | $7M | $7M | $7M | 0.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.