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TriMas (TriMas) Operating Margin % : 6.20% (As of Dec. 2023)


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What is TriMas Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. TriMas's Operating Income for the three months ended in Dec. 2023 was $13.0 Mil. TriMas's Revenue for the three months ended in Dec. 2023 was $209.6 Mil. Therefore, TriMas's Operating Margin % for the quarter that ended in Dec. 2023 was 6.20%.

Warning Sign:

TriMas Corp operating margin has been in a 5-year decline. The average rate of decline per year is -11.2%.

The historical rank and industry rank for TriMas's Operating Margin % or its related term are showing as below:

TRS' s Operating Margin % Range Over the Past 10 Years
Min: 6.18   Med: 9.46   Max: 15.45
Current: 7.46


TRS's Operating Margin % is ranked better than
58.64% of 382 companies
in the Packaging & Containers industry
Industry Median: 5.995 vs TRS: 7.46

TriMas's 5-Year Average Operating Margin % Growth Rate was -11.20% per year.

TriMas's Operating Income for the three months ended in Dec. 2023 was $13.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $66.7 Mil.


TriMas Operating Margin % Historical Data

The historical data trend for TriMas's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TriMas Operating Margin % Chart

TriMas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.63 6.18 11.11 8.72 7.47

TriMas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.36 4.64 8.60 10.05 6.20

Competitive Comparison of TriMas's Operating Margin %

For the Packaging & Containers subindustry, TriMas's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TriMas's Operating Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TriMas's Operating Margin % distribution charts can be found below:

* The bar in red indicates where TriMas's Operating Margin % falls into.



TriMas Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

TriMas's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=66.74 / 893.55
=7.47 %

TriMas's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=13 / 209.56
=6.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TriMas  (NAS:TRS) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


TriMas Operating Margin % Related Terms

Thank you for viewing the detailed overview of TriMas's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


TriMas (TriMas) Business Description

Traded in Other Exchanges
Address
38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304
TriMas Corp is a United States-based company that designs, manufactures, and distributes engineered and applied products. The company operates through three segments. The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.
Executives
Teresa M. Finley director 927 STOVALL BOULEVARD NE, ATLANTA GA 30319
Daniel P Tredwell director 177 BROAD STREET, 10TH FLOOR, STAMFORD CT 06901
Scott A Mell officer: Chief Financial Officer 4884 CIDER HILL DRIVE, ROCHESTER MI 48306
Jodi F. Robin officer: General Counsel and Secretary 38505 WOODWARD AVENUE, BLOOMFIELD HILLS MI 48304
Paul Swart other: Chief Accounting Officer 38505 WOODWARD AVENUE, STE. 200, BLOOMFIELD HILLS MI 48304
Jeffrey A Fielkow director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Samuel Iii Valenti director, officer: Chairman 39400 WOODWARD AVENUE, SUITE 100, BLOOMFIELD HILLS MI 48304
Thomas A Amato director, officer: President and CEO 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Salik Fabio Leandro Matheus officer: President, TriMas Packaging 3012 FOREST CREEK CT., NAPERVILLE IL 60565
John Philip Schaefer officer: President, TriMas Aerospace 27411 VALDERAS, MISSION VIEJO CA 92691
Jeffrey M Greene director 4990 OLDE TOWNE WAY, MARIETTA GA 30068
Robert J Zalupski officer: Vice President & Treasurer 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Joshua A Sherbin officer: Vice President & Secretary 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Holly M Boehne director 6955 BLACK DUCK DRIVE, LINO LAKES MN 55014

TriMas (TriMas) Headlines

From GuruFocus

TriMas Reports Second Quarter 2023 Results

By Business Wire 07-27-2023

TriMas Declares Quarterly Dividend

By Business Wire Business Wire 04-20-2023

TriMas Declares Quarterly Dividend

By Business Wire Business Wire 02-16-2023

TriMas Declares Quarterly Dividend

By Business Wire 10-19-2023

TriMas Streamlines Manufacturing Footprint

By Business Wire 07-07-2023