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Trimas TRS Lease liabilities

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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$1.54B+41.9%
Enterprise value$674.41M-65.6%
P/E1.7×-32.8×
P/S2.3×+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 trs:LeaseLiabilitiesNoncurrent.

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 lease liabilities?
Trimas (TRS) reported lease liabilities of $35.47M in Q1 2026.
How has Trimas's lease liabilities changed year-over-year?
Trimas's lease liabilities decreased by 12.5% year-over-year, from $40.52M to $35.47M.
What is the long-term trend for Trimas's lease liabilities?
Over 3 years (2022 to 2025), Trimas's lease liabilities has grown at a -8.1% compound annual growth rate (CAGR), from $41.01M to $31.81M.
What does lease liabilities mean?
This represents the long-term portion of lease obligations that are due beyond the next twelve months. It captures the total future financial commitment for leased assets that extend past the current operating cycle. This metric is essential for understanding the company's long-term leverage and fixed-cost structure.