Fourth quarter net sales increased 12.5% year-over-year to 256460000, while net income rose to 81700000 from 5640000 in the prior year, reflecting improved operating profit and a significant income tax benefit.
TriMas delivered a strong third quarter in 2025, with consolidated net sales increasing by 17.4% to $269.3 million and adjusted diluted EPS rising by 41.9% to $0.61. The growth was broad-based across all segments, with Aerospace leading the way with a 45.8% sales increase. The company also reported a substantial increase in net income and adjusted operating profit, and improved free cash flow, leading to a raised full-year earnings outlook.
TriMas delivered strong first quarter 2025 performance with net income of $12.4 million and diluted EPS of $0.30, alongside adjusted diluted EPS of $0.46, marking a 24.3% increase. Consolidated sales grew by 6.4% to $241.7 million, primarily fueled by strong growth in the Aerospace segment.
TriMas reported an 8.8% increase in net sales for Q4 2024, driven by growth in its Packaging and Aerospace segments. The company's adjusted diluted earnings per share increased by 13.2%.
TriMas reported a net sales decrease of 2.5% to $229.4 million in Q3 2024, with operating profit at $8.3 million and net income at $2.5 million, or $0.06 per diluted share. Adjusted diluted earnings per share was $0.43. The company reaffirms its full year 2024 adjusted diluted earnings per share guidance in the range of $1.70 to $1.90.
TriMas reported a 3.1% increase in net sales to $240.5 million, driven by strong organic growth in the Packaging and Aerospace segments, which offset lower demand in the Specialty Products segment. Operating profit decreased by 11.0% to $17.9 million. The company is revising its full year 2024 outlook due to lower than expected sales within Specialty Products.
TriMas reported a 5.4% increase in net sales to $227.1 million for Q1 2024. The company saw growth in its Packaging and Aerospace segments, while Specialty Products experienced a decline. Adjusted diluted EPS increased by 5.7% to $0.37. The company reaffirms full year 2024 guidance.
TriMas reported a 3.1% increase in net sales for Q4 2023, driven by growth in the Packaging and Aerospace segments, but faced softened demand in Specialty Products. The company is initiating a sale process for Arrow Engine to exit the oil and gas market.
TriMas reported a 7.7% increase in net sales, driven by growth in Aerospace and Specialty Products, along with acquisition-related sales, which offset lower demand in Packaging. Diluted EPS increased by 25.0%, and adjusted diluted EPS grew by 42.5%.
TriMas reported a slight decrease in net sales for Q2 2023, offset by growth in the TriMas Specialty Products and Aerospace segments. The company is adjusting its full-year outlook due to a slower-than-anticipated recovery in the packaging market.
TriMas reported a decrease in net sales by 3.9% to $215.5 million, with operating profit decreasing to $10.0 million. The company reaffirmed its 2023 outlook, expecting adjusted diluted earnings per share between $2.00 to $2.20.
TriMas reported a decrease in net sales for the fourth quarter of 2022, but an increase in operating profit and adjusted diluted earnings per share. The company's Aerospace and Specialty Products groups saw organic growth, while TriMas Packaging experienced lower demand. TriMas provided a 2023 outlook, expecting consolidated sales to increase by 10% to 15%.
TriMas reported a decrease in net sales by 1.7% to $218.5 million, with a decline in operating profit to $21.0 million. Net income also decreased to $13.3 million, or $0.32 per diluted share. The company is revising its full-year outlook due to these challenges.
TriMas reported an 8.5% increase in net sales, driven by the Specialty Products group, and a 16.8% increase in operating profit. Diluted EPS was $0.47, and adjusted diluted EPS was $0.60. The company reaffirmed its full-year outlook.
TriMas reported a net sales increase of 8.5% to $224.3 million in Q1 2022. The company's operating profit increased slightly to $21.9 million. Diluted EPS was reported at $0.33, with adjusted diluted EPS increasing to $0.50.
TriMas reported an 11.1% increase in fourth quarter net sales, driven by organic growth and acquisition-related sales. Adjusted diluted EPS increased by 19.1% compared to the prior year.
TriMas reported an 11.5% increase in third-quarter net sales, driven by organic growth, acquisition-related sales, and favorable currency exchange. The company's operating profit increased significantly due to the absence of prior-year impairment charges. Adjusted diluted EPS increased by 9.6% to $0.57. A quarterly dividend program was initiated, and the full-year Free Cash Flow outlook was raised.
TriMas reported a 9.7% increase in second-quarter net sales, driven by growth in all segments. The Packaging segment achieved record quarterly sales and operating profit. Diluted EPS was $0.27, while adjusted diluted EPS increased by 19.2% to $0.62.
TriMas reported a strong start to 2021 with first quarter results exceeding expectations, achieving a sales growth rate of 13.1% and adjusted diluted EPS of $0.40. The company's performance was driven by positive momentum in the Packaging segment and better-than-expected performance in the Specialty Products segment.
TriMas reported a 10.1% increase in fourth-quarter sales, driven by robust organic sales growth in Packaging and the impact of recent acquisitions, partially offset by weak demand in aerospace and industrial businesses due to COVID-19. Diluted EPS from continuing operations increased 80.0% to $0.54, while adjusted diluted EPS from continuing operations increased 22.6% to $0.38 compared to Q4 2019.
TriMas reported a 5.9% increase in net sales for Q3 2020, driven by a strong performance in its Packaging segment. Despite a net loss due to impairment charges in the Aerospace segment, the company's adjusted EPS increased by 19.4%. TriMas also generated strong free cash flow and resumed its share repurchase program.
TriMas reported a 4.6% increase in net sales for Q2 2020, driven by record sales in its Packaging group. The company's adjusted diluted EPS from continuing operations was $0.43. TriMas ended the quarter with a strong balance sheet, including $349.4 million in cash and aggregate availability.
TriMas reported a 5.4% increase in net sales for the first quarter of 2020, driven by acquisitions and organic growth in the Packaging group. Diluted EPS from continuing operations was $0.30, with adjusted diluted EPS at $0.34. The company completed acquisitions of RSA Engineered Products and Rapak during the quarter. Due to the COVID-19 pandemic, TriMas withdrew its full-year 2020 guidance.
TriMas reported Q4 net sales of $170.9 million, a 0.5% increase compared to Q4 2018. The company's diluted EPS was $0.30, while adjusted diluted EPS was $0.31. The company achieved the high end of its full year EPS guidance range. TriMas successfully sold its Lamons business and signed agreements to acquire RSA Engineered Products and Rapak.