Earnings summaries and quarterly performance for TRIMAS.
Executive leadership at TRIMAS.
Board of directors at TRIMAS.
Research analysts who have asked questions during TRIMAS earnings calls.
Recent press releases and 8-K filings for TRS.
TriMas Aerospace to be Acquired by Tinicum Subsidiary and Merge with PennAero
TRS
M&A
New Projects/Investments
- Tinicum, L.P., through a subsidiary, has signed an agreement to acquire the aerospace assets of TriMas Corporation (TriMas Aerospace).
- TriMas Aerospace will merge with PennAero, a portfolio company of Tinicum.
- Funds managed by Blackstone will participate as a minority investor in the operation.
- This acquisition aims to significantly advance PennAero's mission to become a leading independent provider of high-tech aerospace components.
Nov 6, 2025, 5:18 PM
TriMas Agrees to Sell Aerospace Segment
TRS
M&A
New Projects/Investments
- TriMas (NASDAQ: TRS) has entered into a definitive agreement to sell its Aerospace segment for an all-cash purchase price of approximately $1.45 billion.
- The buyer is an affiliate of Tinicum L.P., with Blackstone as a minority investor.
- The purchase price represents an enterprise value multiple of approximately 18x last twelve months (LTM) third quarter 2025 adjusted EBITDA.
- The transaction is expected to close by the end of the first quarter of 2026, subject to customary regulatory approvals and closing conditions.
- Following the divestiture, TriMas plans to focus on its high-margin packaging platform, aiming to drive profitable growth through reinvestment and targeted acquisitions, and will also evaluate options for returning capital to shareholders and strengthening its balance sheet.
Nov 4, 2025, 11:38 PM
Tinicum Affiliate to Acquire TriMas Aerospace
TRS
M&A
New Projects/Investments
- An affiliate of Tinicum, L.P. has signed an agreement to acquire TriMas Aerospace, which will be merged with PennAero, a Tinicum portfolio company.
- Funds managed by Blackstone will participate as a minority investor in the transaction.
- This acquisition is intended to advance PennAero's mission to become a leading independent supplier of highly engineered aerospace components, integrating TriMas Aerospace's specialized fasteners and precision-machined components for the global commercial aerospace and defense industries.
Nov 4, 2025, 7:17 PM
TriMas Reports Strong Q3 2025 Results, Raises Full-Year Guidance
TRS
Earnings
Guidance Update
New Projects/Investments
- TriMas reported strong Q3 2025 financial results, with consolidated net sales reaching $269 million, up 17% year over year, and adjusted EPS increasing 42% to $0.61.
- The company's Aerospace segment led the growth, posting record quarterly sales with over 37% organic growth and operating profit more than doubling with margins expanding by 860 basis points.
- TriMas raised its full-year 2025 outlook, now expecting sales growth of approximately 10% and adjusted earnings per share in the range of $2.02-$2.12.
- Strategic initiatives include launching a global operational excellence program, a comprehensive strategic planning process, and evaluating manufacturing capacity and footprint. The board-level strategic portfolio review is also well underway.
Oct 28, 2025, 2:00 PM
TriMas Reports Strong Q3 2025 Results and Raises Full-Year Outlook
TRS
Earnings
Guidance Update
Revenue Acceleration/Inflection
- TriMas reported strong Q3 2025 financial results, with consolidated net sales reaching $269 million, an increase of 17% year over year, and adjusted EPS growing 42% to $0.61.
- The company raised its full-year 2025 outlook, now expecting sales growth of approximately 10% compared to 2024 and adjusted earnings per share in the range of $2.02 to $2.12.
- TriMas Aerospace led the growth, posting record quarterly sales with over 37% organic growth and a year-over-year sales increase of more than 45%, surpassing $100 million in revenue.
- Strategic initiatives include launching a comprehensive global operational excellence program, a strategic planning process, and the "One TriMas" branding initiative for packaging.
- Net leverage improved to 2.2 times as of September 30, 2025, down from 2.6 times at the end of 2024, and free cash flow for the third quarter was $26.4 million.
Oct 28, 2025, 2:00 PM
TriMas (TRS) Reports Strong Q3 2025 Results and Raises Full-Year Outlook
TRS
Earnings
Guidance Update
Revenue Acceleration/Inflection
- TriMas (TRS) reported Q3 2025 net sales of $269.3 million, marking a 17.4% increase year-over-year, and adjusted earnings per share of $0.61, up 41.9% compared to Q3 2024.
- The company has raised its full-year 2025 outlook, now projecting sales growth of approximately 10% and adjusted earnings per share between $2.02 and $2.12.
- All businesses contributed to year-over-year Q3 sales growth, with the Aerospace segment experiencing a significant 45.8% increase in net sales to $103.2 million for Q3 2025.
- As of September 30, 2025, net debt stood at $373.4 million, with Q3 2025 free cash flow increasing to $26.4 million, representing an approximate 71% rise year-over-year.
Oct 28, 2025, 2:00 PM
TriMas Reports Strong Q3 2025 Results and Raises Full-Year Earnings Outlook
TRS
Earnings
Guidance Update
Revenue Acceleration/Inflection
- TriMas reported third quarter 2025 diluted EPS of $0.23 and adjusted diluted EPS of $0.61, representing a 41.9% increase compared to $0.43 in the prior year period.
- Consolidated net sales for Q3 2025 were $269.3 million, a 17.4% increase from $229.4 million in Q3 2024, with 16.1% organic growth and strong performance led by Aerospace, which saw sales up 45.8%.
- Operating profit for Q3 2025 was $16.6 million, while adjusted operating profit increased 33.9% to $30.3 million from $22.7 million in Q3 2024.
- The company has raised its full-year 2025 adjusted diluted EPS outlook to a range of $2.02 to $2.12 and expects consolidated sales growth to reach the higher end of its 8% to 10% projection.
Oct 28, 2025, 1:19 PM
TriMas Reports Strong Q3 2025 Results, Raises Full-Year Earnings Outlook
TRS
Earnings
Guidance Update
Revenue Acceleration/Inflection
- TriMas reported strong third-quarter 2025 results, with sales reaching $269.3 million, a 17.4% increase year-over-year, and adjusted earnings per share rising 42% to $0.61.
- The aerospace segment was the main growth driver, with sales up 45.8%, supported by increased industrial demand, contract wins, and acquisitions.
- The company raised its full-year 2025 EPS forecast to a range of $2.02 to $2.12 and is confident in hitting the upper end of its 8–10% sales growth target.
- TriMas's Q3 free cash flow increased approximately 71% year-over-year to $26.4 million.
Oct 28, 2025, 12:39 PM
TriMas Reports Strong Third Quarter 2025 Results
TRS
Earnings
Guidance Update
Share Buyback
- TriMas reported third quarter 2025 diluted EPS of $0.23 and adjusted diluted EPS of $0.61, representing a 41.9% increase compared to the prior year period.
- Net sales for the third quarter of 2025 reached $269.3 million, a 17.4% increase over third quarter 2024, with growth across all three business segments, led by a 45.8% increase in Aerospace sales.
- Operating profit for the third quarter of 2025 was $16.6 million, with adjusted operating profit increasing 33.9% to $30.3 million.
- The company raised its full-year 2025 earnings outlook and reported net cash provided by operating activities of $36.5 million and Free Cash Flow of $26.4 million for the third quarter of 2025.
Oct 28, 2025, 12:00 PM
TriMas Grants Inducement Awards to New CEO Thomas Snyder
TRS
CEO Change
Executive Compensation
Management Change
- TriMas granted an inducement award to Thomas Snyder, the newly-appointed President and Chief Executive Officer.
- The grant, made on June 24, 2025, consists of a non-qualified stock option award to purchase 900,000 shares and a restricted stock unit award of 152,439 restricted stock units.
- The stock options have premium exercise prices ranging from $30 to $50 per share and generally vest ratably over a five-year period.
- The restricted stock units generally vest ratably over a three-year period.
- These awards were granted outside of the TriMas Corporation 2023 Equity and Incentive Compensation Plan as an inducement for Mr. Snyder's employment.
Jun 27, 2025, 8:30 PM
Quarterly earnings call transcripts for TRIMAS.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more
Let Fintool AI Agent track TRIMAS's earnings for you
Get instant analysis when filings drop