TriMas Corporation (TRS) - Net Assets
Based on the latest financial reports, TriMas Corporation (TRS) has net assets worth $1.45 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.30 Billion) and total liabilities ($847.32 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore TriMas Corporation asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.45 Billion |
| % of Total Assets | 63.11% |
| Annual Growth Rate | 3.36% |
| 5-Year Change | 11.85% |
| 10-Year Change | 41.2% |
| Growth Volatility | 13589.0 |
TriMas Corporation - Net Assets Trend (1993–2025)
This chart illustrates how TriMas Corporation's net assets have evolved over time, based on quarterly financial data. Check TriMas Corporation (TRS) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for TriMas Corporation (1993–2025)
The table below shows the annual net assets of TriMas Corporation from 1993 to 2025. For live valuation and market cap data, see TriMas Corporation (TRS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $705.59 Million | +5.74% |
| 2024-12-31 | $667.30 Million | -2.29% |
| 2023-12-31 | $682.95 Million | +4.77% |
| 2022-12-31 | $651.83 Million | +3.33% |
| 2021-12-31 | $630.85 Million | +7.98% |
| 2020-12-31 | $584.25 Million | -16.23% |
| 2019-12-31 | $697.48 Million | +12.42% |
| 2018-12-31 | $620.45 Million | +14.05% |
| 2017-12-31 | $544.02 Million | +8.86% |
| 2016-12-31 | $499.72 Million | -8.68% |
| 2015-12-31 | $547.19 Million | -7.35% |
| 2014-12-31 | $590.63 Million | +7.50% |
| 2013-12-31 | $549.41 Million | +80.98% |
| 2012-12-31 | $303.58 Million | +74.68% |
| 2011-12-31 | $173.79 Million | +54.73% |
| 2010-12-31 | $112.32 Million | +81.22% |
| 2009-12-31 | $61.98 Million | +12.90% |
| 2008-12-31 | $54.90 Million | -73.67% |
| 2007-12-31 | $208.49 Million | -10.43% |
| 2006-12-31 | $232.78 Million | -33.36% |
| 2005-12-31 | $349.30 Million | -13.79% |
| 2004-12-31 | $405.16 Million | +2.14% |
| 2003-12-31 | $396.66 Million | +2.22% |
| 2002-12-31 | $388.05 Million | -25.52% |
| 2001-12-31 | $521.00 Million | +74478.79% |
| 2000-12-31 | $698.59K | -99.82% |
| 1996-12-31 | $390.45 Million | +15.29% |
| 1995-12-31 | $338.67 Million | +16.54% |
| 1994-12-31 | $290.60 Million | +18.68% |
| 1993-12-31 | $244.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TriMas Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 38.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $127.41 Million | 18.06% |
| Common Stock | $380.00K | 0.05% |
| Other Comprehensive Income | $-10.00K | 0.00% |
| Other Components | $577.81 Million | 81.89% |
| Total Equity | $705.59 Million | 100.00% |
TriMas Corporation Competitors by Market Cap
The table below lists competitors of TriMas Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UroGen Pharma Ltd
NASDAQ:URGN
|
$1.43 Billion |
|
Redfin Corp
NASDAQ:RDFN
|
$1.43 Billion |
|
Blackrock Municipal Target Term Closed Fund
NYSE:BTT
|
$1.43 Billion |
|
Inox Wind Limited
NSE:INOXWIND
|
$1.43 Billion |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
$1.43 Billion |
|
Resilient Property Income Fund Ltd
JSE:RES
|
$1.43 Billion |
|
Fangda Special Steel Technology Co Ltd
SHG:600507
|
$1.43 Billion |
|
Global Brands Manufacture Ltd
TW:6191
|
$1.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TriMas Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 667,300,000 to 705,590,000, a change of 38,290,000 (5.7%).
- Net income of 120,140,000 contributed positively to equity growth.
- Dividend payments of 6,610,000 reduced retained earnings.
- Share repurchases of 103,320,000 reduced equity.
- Other comprehensive income increased equity by 18,540,000.
- Other factors increased equity by 9,540,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $120.14 Million | +17.03% |
| Dividends Paid | $6.61 Million | -0.94% |
| Share Repurchases | $103.32 Million | -14.64% |
| Other Comprehensive Income | $18.54 Million | +2.63% |
| Other Changes | $9.54 Million | +1.35% |
| Total Change | $- | 5.74% |
Book Value vs Market Value Analysis
This analysis compares TriMas Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.29x to 2.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $7.55 | $39.98 | x |
| 1994-12-31 | $7.83 | $39.98 | x |
| 1995-12-31 | $8.58 | $39.98 | x |
| 1996-12-31 | $9.86 | $39.98 | x |
| 2000-12-31 | $0.02 | $39.98 | x |
| 2001-12-31 | $14.04 | $39.98 | x |
| 2002-12-31 | $10.46 | $39.98 | x |
| 2003-12-31 | $19.79 | $39.98 | x |
| 2004-12-31 | $20.25 | $39.98 | x |
| 2005-12-31 | $16.83 | $39.98 | x |
| 2006-12-31 | $7.33 | $39.98 | x |
| 2007-12-31 | $7.32 | $39.98 | x |
| 2008-12-31 | $1.64 | $39.98 | x |
| 2009-12-31 | $1.83 | $39.98 | x |
| 2010-12-31 | $3.26 | $39.98 | x |
| 2011-12-31 | $5.00 | $39.98 | x |
| 2012-12-31 | $8.00 | $39.98 | x |
| 2013-12-31 | $13.27 | $39.98 | x |
| 2014-12-31 | $13.05 | $39.98 | x |
| 2015-12-31 | $12.13 | $39.98 | x |
| 2016-12-31 | $11.01 | $39.98 | x |
| 2017-12-31 | $11.83 | $39.98 | x |
| 2018-12-31 | $13.44 | $39.98 | x |
| 2019-12-31 | $15.30 | $39.98 | x |
| 2020-12-31 | $13.41 | $39.98 | x |
| 2021-12-31 | $14.58 | $39.98 | x |
| 2022-12-31 | $15.35 | $39.98 | x |
| 2023-12-31 | $16.38 | $39.98 | x |
| 2024-12-31 | $16.39 | $39.98 | x |
| 2025-12-31 | $17.30 | $39.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TriMas Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.61%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.10x
- Recent ROE (17.03%) is above the historical average (-5.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 15.52% | 8.57% | 0.79x | 2.30x | $13.52 Million |
| 1994 | 17.24% | 9.36% | 0.87x | 2.11x | $21.04 Million |
| 1995 | 16.54% | 10.12% | 0.90x | 1.82x | $22.15 Million |
| 1996 | 15.72% | 10.22% | 0.86x | 1.78x | $22.32 Million |
| 2000 | 5.96% | 5.89% | 0.57x | 1.77x | $-28.21K |
| 2001 | -2.17% | -1.55% | 0.58x | 2.43x | $-63.42 Million |
| 2002 | -9.22% | -4.87% | 0.52x | 3.64x | $-74.56 Million |
| 2003 | -7.80% | -3.42% | 0.60x | 3.78x | $-70.60 Million |
| 2004 | -0.54% | -0.21% | 0.69x | 3.76x | $-42.71 Million |
| 2005 | -13.01% | -4.54% | 0.70x | 4.09x | $-80.39 Million |
| 2006 | -55.38% | -12.63% | 0.79x | 5.52x | $-152.19 Million |
| 2007 | -75.99% | -14.83% | 0.95x | 5.41x | $-179.28 Million |
| 2008 | -248.07% | -13.33% | 1.10x | 16.94x | $-141.68 Million |
| 2009 | -0.35% | -0.03% | 0.97x | 13.32x | $-6.42 Million |
| 2010 | 40.30% | 4.80% | 1.02x | 8.23x | $34.04 Million |
| 2011 | 34.73% | 5.57% | 1.10x | 5.68x | $42.98 Million |
| 2012 | 11.16% | 2.66% | 1.13x | 3.73x | $3.52 Million |
| 2013 | 13.75% | 5.42% | 1.07x | 2.37x | $20.61 Million |
| 2014 | 11.59% | 4.57% | 0.90x | 2.81x | $9.41 Million |
| 2015 | -6.10% | -3.87% | 0.74x | 2.14x | $-88.12 Million |
| 2016 | -7.96% | -5.01% | 0.76x | 2.10x | $-89.77 Million |
| 2017 | 5.69% | 3.79% | 0.79x | 1.90x | $-23.44 Million |
| 2018 | 13.43% | 11.82% | 0.64x | 1.77x | $21.25 Million |
| 2019 | 14.14% | 13.63% | 0.61x | 1.71x | $28.87 Million |
| 2020 | -13.65% | -10.36% | 0.64x | 2.04x | $-138.19 Million |
| 2021 | 9.08% | 6.69% | 0.66x | 2.07x | $-5.78 Million |
| 2022 | 10.15% | 7.49% | 0.68x | 2.00x | $987.00K |
| 2023 | 5.91% | 4.52% | 0.67x | 1.96x | $-27.93 Million |
| 2024 | 3.63% | 3.84% | 0.48x | 1.98x | $-42.48 Million |
| 2025 | 17.03% | 18.61% | 0.43x | 2.10x | $49.58 Million |
Industry Comparison
This section compares TriMas Corporation's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,446,069,174
- Average return on equity (ROE) among peers: 29.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TriMas Corporation (TRS) | $1.45 Billion | 15.52% | 0.58x | $1.43 Billion |
| Ardagh Metal Packaging SA (AMBP) | $48.00 Million | 231.25% | 87.63x | $2.82 Billion |
| Amcor PLC (AMCR) | $2.88 Billion | 8.59% | 1.69x | $19.64 Billion |
| Avery Dennison Corp (AVY) | $828.10 Million | 34.23% | 2.26x | $12.19 Billion |
| Ball Corporation (BALL) | $4.07 Billion | 9.19% | 3.22x | $15.37 Billion |
| Berry Global Group Inc (BERY) | $3.61 Billion | 14.30% | 3.60x | $7.83 Billion |
| Crown Holdings Inc (CCK) | $648.00 Million | 14.41% | 0.66x | $11.20 Billion |
| DSS Inc (DSS) | $11.19 Million | -43.19% | 0.29x | $4.59 Million |
| Greif Bros Corporation (GEF) | $1.22 Billion | 8.91% | 3.51x | $1.90 Billion |
| Greif Inc (GEF-B) | $848.89 Million | 16.74% | 1.58x | $1.99 Billion |
| Graphic Packaging Holding Company (GPK) | $294.70 Million | 0.44% | 1.18x | $3.15 Billion |
About TriMas Corporation
TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace and defense, and industrial markets worldwide. The company operates through Packaging and Specialty Products segments. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and … Read more