---
schema_version: "secwatch.filing_event.v1"
accession: "0000842633-24-000052"
form_type: "8-K"
ticker: "TRS"
cik: "0000842633"
company_name: "TRIMAS CORP"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:08:40.923856+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TriMas Q1 net sales up 5.4% to $227.1M; adjusted EPS up 5.7% to $0.37; reaffirms FY2024 guidance

## Summary
- Net sales $227.1M (+5.4% YoY); Packaging +9.3%, Aerospace +34.7%, Specialty Products -33.5%.
- Diluted EPS $0.12 (flat); adjusted diluted EPS $0.37 (+5.7%); operating profit $12.4M (+24.5%).
- Repurchased 540,037 shares for $13.3M; quarterly dividend $0.04 payable May 14, 2024.
- Reaffirms FY2024 adjusted EPS guidance $1.95-$2.15; net leverage 2.6x.
- Free cash flow use $14.2M vs $3.1M use prior year; net debt $394.5M.

## SEC filing metadata
- accession: 0000842633-24-000052
- form_type: 8-K
- ticker: TRS
- cik: 0000842633
- company_name: TRIMAS CORP
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842633/000084263324000052/0000842633-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842633/000084263324000052/trs-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000842633-24-000052
- JSON: https://secwatch.observer/filing/0000842633-24-000052.json
- Plain text: https://secwatch.observer/filing/0000842633-24-000052.txt

## Key facts
- Earnings Releases
  TRIMAS CORP reported first quarter ended March 31, 2024 results: revenue $227.1 million, net income $5.1 million, EPS $0.12 per diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $227.1 million
  - Net income: $5.1 million
  - EPS: $0.12 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: (NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2024. TriMas First Quarter Highlights • Achieved quarterly net sales growth of 5.4% to $227.1 million • Increased net sales within TriMas Packaging, its largest segment, by 9.3%, and TriMas Aerospace by 34.7% • Diluted EPS was in line with the prior year quarter, and adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/842633/000084263324000052/0000842633-24-000052-index.htm
- Earnings Releases
  TRIMAS CORP updated its guidance (reaffirmed).
  - Guidance: reaffirmed
  - Result: guidance update
  source text: TRIMAS REPORTS FIRST QUARTER 2024 RESULTS Reaffirms Full Year 2024 Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/842633/000084263324000052/0000842633-24-000052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.