{"schema_version":"secwatch.filing_event.v1","accession":"0000842633-24-000003","form_type":"8-K","ticker":"TRS","cik":"0000842633","company_name":"TRIMAS CORP","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.040947+00:00","generated_at":"2026-06-05T07:39:32.699003+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TriMas Q4 net sales up 3.1% to $209.6M; adj. EPS $0.37; guides FY24 adj. EPS $1.95-$2.15","bullets":["Q4 net income $7.9M ($0.19 diluted) vs $18.8M ($0.45) prior year; adjusted diluted EPS $0.37 vs $0.62.","Full year net sales $893.6M (+1.1%); adjusted diluted EPS $1.74 vs $2.12 (prior year benefited $0.39 from property gains).","Packaging segment Q4 sales +7.5%, Aerospace +26.1%; Specialty Products -31.8% on customer inventory rebalancing.","Initiated sale process for Arrow Engine to exit oil and gas end market.","2024 guidance: sales up 5-8% YoY, adjusted diluted EPS $1.95-$2.15; definition expanded to add back non-cash compensation."],"urls":{"canonical":"https://secwatch.observer/filing/0000842633-24-000003","json":"https://secwatch.observer/filing/0000842633-24-000003.json","markdown":"https://secwatch.observer/filing/0000842633-24-000003.md","text":"https://secwatch.observer/filing/0000842633-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/842633/000084263324000003/0000842633-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/842633/000084263324000003/trs-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:39:32.699003+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5ba5c6475035e6555580fa41c0e26add27574d65","claim":"TRIMAS CORP reported Fourth quarter ended December 31, 2023 results: revenue $209.6 million, net income $7.9 million, EPS $0.19 per diluted share.","evidence_excerpt":"TriMas reported fourth quarter 2023 net sales of $209.6 million, an increase of 3.1% compared to $203.3 million in fourth quarter 2022, as organic growth in aerospace and defense, and certain packaging product lines, as well as acquisition-related sales, more than offset lower market demand for products used in certain industrial, and oil and gas applications. The Company reported operating profit of $11.6 million in fourth quarter 2023 compared to $26.3 million in fourth quarter 2022. Adjusting for Special Items (1) , fourth quarter 2023 adjusted operating profit was $18.8 million compared to $36.3 million in the prior year period, as the favorable impacts of higher sales, operational efficiencies and costs savings gains in fourth quarter 2023 were more than offset by the $17.6 million pre-tax gain related to the non-core property divestiture in fourth quarter 2022 that did not repeat. Further adjusting for the fourth quarter 2022 property sale gain, fourth quarter 2023 adjusted opera","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/842633/000084263324000003/0000842633-24-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$209.6 million"},{"label":"Net income","value":"$7.9 million"},{"label":"EPS","value":"$0.19 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6a13538c1e62eb94fb5923fa99f43d0802836982","claim":"TRIMAS CORP reported Year ended December 31, 2023 results: revenue $893.6 million, net income $40.4 million, EPS $0.97 per diluted share.","evidence_excerpt":"For full year 2023, TriMas reported net sales of $893.6 million, an increase of 1.1% compared to $883.8 million in 2022, as organic sales growth in TriMas' Aerospace and Specialty Products groups, and acquisition-related sales, more than offset the lower market demand for certain TriMas Packaging products, primarily used in personal care, 1 food and industrial applications. The Company reported operating profit of $65.4 million in 2023, as compared to $99.1 million in 2022. Adjusting for Special Items (1) , 2023 adjusted operating profit was $89.5 million compared to $116.2 million in the prior year, primarily as a result of a less favorable sales mix, supply and labor constraints, and the 2022 impact of more than $22.4 million of pre-tax property divestiture gains that did not repeat in 2023. Further adjusting for the 2022 property sale gains, 2023 adjusted operating profit would have decreased by 4.6% on a comparable basis. The Company reported full year 2023 net income of $40.4 mill","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/842633/000084263324000003/0000842633-24-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Year ended December 31, 2023"},{"label":"Revenue","value":"$893.6 million"},{"label":"Net income","value":"$40.4 million"},{"label":"EPS","value":"$0.97 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}