TriMas (TriMas) Retained Earnings : $4.2 Mil (As of Dec. 2023)

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What is TriMas Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TriMas's retained earnings for the quarter that ended in Dec. 2023 was $4.2 Mil.

TriMas's quarterly retained earnings increased from Jun. 2023 ($-20.2 Mil) to Sep. 2023 ($-3.7 Mil) and increased from Sep. 2023 ($-3.7 Mil) to Dec. 2023 ($4.2 Mil).

TriMas's annual retained earnings increased from Dec. 2021 ($-102.3 Mil) to Dec. 2022 ($-36.1 Mil) and increased from Dec. 2022 ($-36.1 Mil) to Dec. 2023 ($4.2 Mil).

TriMas Retained Earnings Historical Data

The historical data trend for TriMas's Retained Earnings 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.

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TriMas Retained Earnings Chart

TriMas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-79.85

-159.61

-102.30

-36.13

4.23

TriMas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-36.13	-31.22	-20.20	-3.71	4.23

TriMas Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

TriMas (NAS:TRS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

TriMas (TriMas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » TriMas Corp (NAS:TRS) » Definitions » Retained Earnings

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Traded in Other Exchanges

MQ1:Germany

Address

38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304

Website

https://www.trimascorp.com

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