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Trimas TRS Lease right of use assets

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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$1.44B+2.0%
Enterprise value$573.8M-69.2%
P/E1.6×-36.4×
P/S2.2×-0.1×

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:LeaseRightOfUseAssets.

The source filing: Trimas’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 1:53 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000842633-26-000029
Line itemBalance Sheet LocationMarch 31, 2026December 31, 2025
Assets
Operating leasesOperating lease right-of-use assets$38,580$31,800
Finance leasesProperty and equipment, net (a)2,0502,150
Total lease assets$40,630$33,950
Liabilities
Current:
Operating leasesLease liabilities, current portion$6,620$3,480
Finance leasesLease liabilities, current portion570620

Item 1. Consolidated Financial Statements

FAQ

What is Trimas's lease right of use assets?
Trimas (TRS) reported lease right of use assets of $40.63M in Q1 2026.
How has Trimas's lease right of use assets changed year-over-year?
Trimas's lease right of use assets decreased by 14.4% year-over-year, from $47.44M to $40.63M.
What is the long-term trend for Trimas's lease right of use assets?
Over 3 years (2022 to 2025), Trimas's lease right of use assets has grown at a -10.5% compound annual growth rate (CAGR), from $47.28M to $33.95M.
What does lease right of use assets mean?
This represents the capitalized value of the right to use an underlying asset over the lease term, recognized on the balance sheet under accounting standards for leases. It reflects the company's commitment to long-term operational assets such as real estate or equipment leased for business activities.

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