What is Trimas's work in process?

Trimas (TRS) reported work in process of $26.33M in Q1 2026.

How has Trimas's work in process changed year-over-year?

Trimas's work in process decreased by 59.0% year-over-year, from $64.17M to $26.33M.

What is the long-term trend for Trimas's work in process?

Over 5 years (2020 to 2025), Trimas's work in process has grown at a -4.1% compound annual growth rate (CAGR), from $29.68M to $24.13M.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

Trimas TRS Work in process

Work in process at other companies

Howmet AerospaceHWM

$924M-2.5%

Silgan HoldingsSLGN

$259.73M+21.2%

Sonoco ProductsSON

$184.63M—

AptarGroupATR

——

Crown HoldingsCCK

——

West Pharmaceutical ServicesWST

——

Other financials

Income statement

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Revenue$168.3M+10.4%

Gross profit$36.9M+12.3%

Operating income$6.9M-3.6%

Net income$800.8M+6,348%

EPS (diluted)$21.40+7,033%

Balance sheet

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Cash & equivalents$1.3B+3,904%

Total debt$439.9M-9.2%

Total equity$1.4B+111%

Total assets$2.3B+64.8%

Cash flow

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Operating cash flow-$19.4M-311%

CapEx$5.2M-59.7%

Free cash flow-$24.6M-556%

Valuation

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Market cap$1.56B+41.9%

Enterprise value$692.33M-65.6%

P/E1.7×-33.2×

P/S2.4×+0.6×

Profitability

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Gross margin-0.1%-2.1pp

Operating margin8%-1.0pp

Net margin137.3%+132pp

FCF margin7.3%+3.1pp

Returns & leverage

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Return on equity85.1%+80.4pp

Debt / equity0.3×-0.4×

Current ratio4.9×+2.0×

Where this comes from

Reported directly by Trimas in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Trimas’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trimas's work in process?: Trimas (TRS) reported work in process of $26.33M in Q1 2026.
How has Trimas's work in process changed year-over-year?: Trimas's work in process decreased by 59.0% year-over-year, from $64.17M to $26.33M.
What is the long-term trend for Trimas's work in process?: Over 5 years (2020 to 2025), Trimas's work in process has grown at a -4.1% compound annual growth rate (CAGR), from $29.68M to $24.13M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.