TriMas Return On Equity from 2010 to 2024

TRS Stock  USD 24.59  0.05  0.20%   
TriMas Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of TriMas in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.05909657
Current Value
0.0621
Quarterly Volatility
0.11333967
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TriMas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriMas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.9 M, Interest Expense of 22.5 M or Total Revenue of 948.7 M, as well as many indicators such as Price To Sales Ratio of 1.12, Dividend Yield of 0.0061 or PTB Ratio of 1.46. TriMas financial statements analysis is a perfect complement when working with TriMas Valuation or Volatility modules.
  
Check out the analysis of TriMas Correlation against competitors.
For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.

Latest TriMas' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of TriMas over the last few years. Return on Equity is the amount of TriMas net income returned as a percentage of TriMas equity. Return on equity measures TriMas profitability by revealing how much profit TriMas generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. TriMas' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TriMas' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.039110 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

TriMas Return On Equity Regression Statistics

Arithmetic Mean0.08
Coefficient Of Variation143.60
Mean Deviation0.08
Median0.09
Standard Deviation0.11
Sample Variance0.01
Range0.4838
R-Value(0.40)
Mean Square Error0.01
R-Squared0.16
Significance0.14
Slope(0.01)
Total Sum of Squares0.18

TriMas Return On Equity History

2024 0.0621
2023 0.0591
2022 0.1
2021 0.0908
2020 -0.14
2019 0.0888
2018 0.13

About TriMas Financial Statements

TriMas shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although TriMas investors may analyze each financial statement separately, they are all interrelated. The changes in TriMas' assets and liabilities, for example, are also reflected in the revenues and expenses on on TriMas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.06  0.06 

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Additional Tools for TriMas Stock Analysis

When running TriMas' price analysis, check to measure TriMas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.