TRIMAS CORP (TRS)

TriMas Corp. engages in the manufacture of industrial products for customers in the consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets. It operates through the following segments: Packaging, Aerospace, and Specialty Products. The Packaging segment designs and manufactures dispensing products, including foaming pumps, lotion and hand soap pumps, sanitizer pumps, beverage dispensers, perfume sprayers, nasal sprayers and trigger sprayers, polymeric and steel caps and closures, including food lids, flip-top closures, child resistant caps, drum and pail closures, and flexible spouts, polymeric jar products, and fully integrated dispensers for fill-ready bag-in-box applications, all for a variety of consumer product markets including, but not limited to, beauty and personal care, home care, food and beverage, and pharmaceutical and nutraceutical, as well as the industrial market. The Aerospace segment is involved in the design and manufacture of precision fasteners, tubular products and assemblies for fluid conveyance, and machined products and assemblies to serve the aerospace and defense market under the brand name Monogram Aerospace Fasteners, RSA Engineered Products and Martinic Engineering, Allfast Fastening Systems, and Mac Fasteners. The Specialty Products segment designs, manufactures, and distributes highly-engineered steel cylinders, wellhead engines, and compression systems for use within industrial markets and includes the Norris Cylinder and Arrow Engine brands. The company was founded by Brian P. Campbell in 1986 and is headquartered in Bloomfield Hills, MI.

Address

38505 WOODWARD AVENUE
BLOOMFIELD HILLS, MI 48304

Founded

1986

Number of Employees

3,400

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - - $12,150 $36,739 $39,408 $19,090 $36,920 $18,770 $16,852 $25,704
Average Price - - - - $27.45 $29.87 $24.91 $32.03 $29.21 $27.58 $25.08 $27.82
# Shares Purchased - - - - 442,632 1,230,050 1,582,049 596,084 1,264,088 680,594 671,937 923,919
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - -8.9% -16.3% 0.4% -21.9% -14.4% -9.3% -0.3% -10.1%
S&P 500 Return to Date - - - - 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 54.4%
Excess Total Return - - - - -113.8% -109.4% -74.5% -53.6% -51.7% -40.7% -7.7% -64.5%
Quartile Rank
Percentile Rank - - - - 32% 26% 29% 29% 32% 28% 40% 35%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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