TriMas Historical Income Statement
TRS Stock | USD 26.59 0.21 0.80% |
Historical analysis of TriMas income statement accounts such as Other Operating Expenses of 867.5 M, Operating Income of 68.4 M, EBIT of 62.6 M or Ebitda of 132.1 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.
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.
TriMas |
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
Add Fundamental
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.Total Revenue
Total revenue comprises all receipts TriMas generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of TriMas minus its cost of goods sold. It is profit before TriMas operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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.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.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' Selling General Administrative is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 79.9 M in 2024, whereas EBIT is likely to drop slightly above 62.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 217.2M | 208.3M | 194.9M | 252.1M | Total Revenue | 857.1M | 883.8M | 893.6M | 948.7M |
TriMas income statement Correlations
Click cells to compare fundamentals
TriMas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TriMas income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 44.6M | 49.8M | 53.5M | 53.2M | 57.6M | 45.9M | |
Interest Expense | 14.0M | 14.7M | 14.5M | 14.1M | 15.9M | 22.5M | |
Total Revenue | 723.5M | 770.0M | 857.1M | 883.8M | 893.6M | 948.7M | |
Gross Profit | 193.9M | 182.1M | 217.2M | 208.3M | 194.9M | 252.1M | |
Other Operating Expenses | 632.2M | 722.4M | 761.9M | 806.7M | 828.1M | 867.5M | |
Operating Income | 91.2M | 47.8M | 95.1M | 99.1M | 65.4M | 68.4M | |
Ebit | 91.2M | (88.1M) | 104.7M | 87.6M | 77.8M | 62.6M | |
Ebitda | 135.9M | (38.3M) | 158.2M | 140.9M | 135.4M | 132.1M | |
Cost Of Revenue | 529.6M | 587.9M | 639.9M | 675.5M | 698.7M | 696.6M | |
Total Operating Expenses | 102.5M | 134.5M | 122.0M | 131.2M | 117.8M | 170.5M | |
Income Before Tax | 78.3M | (102.7M) | 69.1M | 87.7M | 50.6M | 53.1M | |
Total Other Income Expense Net | (13.0M) | (14.4M) | (26.0M) | (11.4M) | (14.9M) | (15.6M) | |
Net Income | 61.9M | (79.8M) | 57.3M | 66.2M | 40.4M | 42.4M | |
Income Tax Expense | 16.3M | (23.0M) | 11.8M | 21.5M | 10.2M | 9.0M | |
Selling General Administrative | 102.5M | 134.5M | 122.0M | 131.2M | 141.1M | 161.9M | |
Net Income Applicable To Common Shares | 98.6M | (79.8M) | 57.3M | 66.2M | 76.1M | 79.9M | |
Net Income From Continuing Ops | 61.9M | (79.8M) | 57.3M | 66.2M | 51.3M | 26.8M | |
Non Operating Income Net Other | 990K | 240K | (11.5M) | 2.7M | 3.1M | 3.3M | |
Tax Provision | 16.3M | (23.0M) | 11.8M | 21.5M | 15.5M | 10.8M | |
Net Interest Income | (14.0M) | (14.7M) | (25.0M) | (14.1M) | (15.2M) | (16.0M) | |
Reconciled Depreciation | 43.5M | 49.8M | 53.5M | 53.2M | 56.9M | 54.6M |
Thematic Opportunities
Explore Investment Opportunities
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.