TriMas Historical Income Statement

TRS Stock  USD 24.59  0.05  0.20%   
Historical analysis of TriMas income statement accounts such as Other Operating Expenses of 867.5 M, Operating Income of 68.4 M, EBIT of 62.3 M or Ebitda of 131.6 M can show how well TriMas performed in making a profits. Evaluating TriMas income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TriMas's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining TriMas latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TriMas is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriMas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.

About TriMas Income Statement Analysis

TriMas Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to TriMas shareholders. The income statement also shows TriMas investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

TriMas Income Statement Chart

At this time, TriMas' Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 42.4 M in 2024, whereas EBIT is likely to drop slightly above 62.3 M in 2024.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of TriMas. It is also known as TriMas overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from TriMas operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of TriMas is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on TriMas income statement and represents the costs associated with goods and services TriMas provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in TriMas financial statement analysis. It represents the amount of money remaining after all of TriMas operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from TriMas' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TriMas current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriMas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.At this time, TriMas' Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 42.4 M in 2024, whereas EBIT is likely to drop slightly above 62.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit217.2M208.3M201.3M252.4M
Total Revenue857.1M883.8M893.6M948.7M

TriMas income statement Correlations

0.180.540.350.570.120.00.180.60.430.03-0.050.08-0.130.63-0.860.040.1-0.290.40.430.070.37-0.250.43
0.180.530.610.510.390.240.280.50.530.10.140.150.050.56-0.390.07-0.460.29-0.11-0.3-0.03-0.110.12-0.02
0.540.530.971.00.490.370.461.00.960.330.220.350.220.95-0.480.31-0.40.39-0.24-0.430.01-0.240.17-0.06
0.350.610.970.950.520.460.520.940.950.370.220.380.30.9-0.370.33-0.480.46-0.39-0.580.02-0.380.21-0.22
0.570.511.00.950.440.320.421.00.970.280.180.30.170.96-0.490.26-0.370.38-0.22-0.42-0.04-0.220.18-0.02
0.120.390.490.520.440.480.490.480.30.780.880.790.680.25-0.020.77-0.360.380.06-0.040.520.08-0.07-0.1
0.00.240.370.460.320.480.980.330.250.840.170.830.760.23-0.030.82-0.150.23-0.31-0.250.63-0.29-0.07-0.21
0.180.280.460.520.420.490.980.430.330.830.160.830.720.34-0.190.81-0.110.15-0.19-0.170.64-0.18-0.12-0.09
0.60.51.00.941.00.480.330.430.950.310.210.330.190.95-0.510.3-0.370.37-0.19-0.370.0-0.190.16-0.01
0.430.530.960.950.970.30.250.330.950.140.050.150.080.96-0.420.11-0.370.43-0.35-0.58-0.17-0.350.26-0.09
0.030.10.330.370.280.780.840.830.310.140.630.990.880.090.080.98-0.080.27-0.01-0.030.780.0-0.1-0.07
-0.050.140.220.220.180.880.170.160.210.050.630.620.57-0.030.220.63-0.190.40.190.10.460.2-0.050.01
0.080.150.350.380.30.790.830.830.330.150.990.620.810.120.040.99-0.080.280.070.010.710.08-0.09-0.03
-0.130.050.220.30.170.680.760.720.190.080.880.570.810.010.210.81-0.050.2-0.24-0.140.81-0.23-0.12-0.18
0.630.560.950.90.960.250.230.340.950.960.09-0.030.120.01-0.660.06-0.270.27-0.22-0.37-0.13-0.230.18-0.03
-0.86-0.39-0.48-0.37-0.49-0.02-0.03-0.19-0.51-0.420.080.220.040.21-0.660.11-0.090.3-0.24-0.34-0.05-0.230.16-0.15
0.040.070.310.330.260.770.820.810.30.110.980.630.990.810.060.11-0.090.310.040.010.720.06-0.08-0.04
0.1-0.46-0.4-0.48-0.37-0.36-0.15-0.11-0.37-0.37-0.08-0.19-0.08-0.05-0.27-0.09-0.09-0.340.390.43-0.010.380.040.24
-0.290.290.390.460.380.380.230.150.370.430.270.40.280.20.270.30.31-0.34-0.43-0.6-0.09-0.410.27-0.28
0.4-0.11-0.24-0.39-0.220.06-0.31-0.19-0.19-0.35-0.010.190.07-0.24-0.22-0.240.040.39-0.430.690.050.99-0.240.69
0.43-0.3-0.43-0.58-0.42-0.04-0.25-0.17-0.37-0.58-0.030.10.01-0.14-0.37-0.340.010.43-0.60.690.30.66-0.440.42
0.07-0.030.010.02-0.040.520.630.640.0-0.170.780.460.710.81-0.13-0.050.72-0.01-0.090.050.30.06-0.330.03
0.37-0.11-0.24-0.38-0.220.08-0.29-0.18-0.19-0.350.00.20.08-0.23-0.23-0.230.060.38-0.410.990.660.06-0.20.66
-0.250.120.170.210.18-0.07-0.07-0.120.160.26-0.1-0.05-0.09-0.120.180.16-0.080.040.27-0.24-0.44-0.33-0.2-0.36
0.43-0.02-0.06-0.22-0.02-0.1-0.21-0.09-0.01-0.09-0.070.01-0.03-0.18-0.03-0.15-0.040.24-0.280.690.420.030.66-0.36
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TriMas Account Relationship Matchups

TriMas income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization44.6M49.8M53.5M53.2M57.6M45.9M
Interest Expense14.0M14.7M14.5M14.1M15.9M22.5M
Total Revenue723.5M770.0M857.1M883.8M893.6M948.7M
Gross Profit193.9M182.1M217.2M208.3M201.3M252.4M
Other Operating Expenses632.2M722.4M761.9M806.7M828.1M867.5M
Operating Income91.2M47.8M95.1M99.1M65.4M68.4M
Ebit91.2M(88.1M)104.7M87.6M66.5M62.3M
Ebitda135.9M(38.3M)158.2M140.9M124.1M131.6M
Cost Of Revenue529.6M587.9M639.9M675.5M692.2M696.3M
Total Operating Expenses102.5M134.5M122.0M131.2M134.6M171.2M
Income Before Tax78.3M(102.7M)69.1M87.7M50.6M53.1M
Total Other Income Expense Net(13.0M)(14.4M)(26.0M)(11.4M)(14.9M)(15.6M)
Net Income61.9M(79.8M)57.3M66.2M40.4M42.4M
Income Tax Expense16.3M(23.0M)11.8M21.5M10.2M9.0M
Selling General Administrative102.5M134.5M122.0M131.2M141.1M161.9M
Net Income Applicable To Common Shares98.6M(79.8M)57.3M66.2M76.1M79.9M
Net Income From Continuing Ops61.9M(79.8M)57.3M66.2M51.3M26.8M
Non Operating Income Net Other990K240K(11.5M)2.7M3.1M3.3M
Tax Provision16.3M(23.0M)11.8M21.5M15.5M10.8M
Net Interest Income(14.0M)(14.7M)(25.0M)(14.1M)(15.2M)(16.0M)
Reconciled Depreciation43.5M49.8M53.5M53.2M56.9M54.6M

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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.