What is the current TriMas market capitalization?
The current market capitalization of TriMas is 1.02 B USD.
TriMas Market capitalization 2024
TriMas Market capitalization
1.02 B USD
Ticker
TRS
ISIN
US8962152091
WKN
A0MSDG
In 2024, TriMas's market cap stood at 1.02 B USD, a -0.57% increase from the 1.03 B USD market cap in the previous year.
The TriMas Market capitalization history
| YEAR | Market Capitalization (undefined USD) |
|---|---|
| 2023 | 1.11 |
| 2022 | 1.24 |
| 2021 | 1.4 |
| 2020 | 1.11 |
| 2019 | 1.38 |
| 2018 | 1.31 |
| 2017 | 1.08 |
| 2016 | 0.83 |
| 2015 | 0.97 |
| 2014 | 1.19 |
| 2013 | 1.14 |
| 2012 | 0.68 |
| 2011 | 0.56 |
| 2010 | 0.33 |
| 2009 | 0.09 |
| 2008 | 0.16 |
| 2007 | 0.29 |
| 2006 | - |
| 2005 | - |
| 2004 | - |
TriMas Aktienanalyse
What does TriMas do?
The TriMas Corporation is a globally operating company specialized in manufacturing high-quality products and solutions for various industries. It was founded in 1986 as a subsidiary of Masco Corporation and became its independent entity in 2006. TriMas focuses on delivering innovative products and solutions that meet the requirements and expectations of its customers, while prioritizing quality, performance, and reliability. The company also emphasizes sustainability and adopts an environmentally conscious approach in its production processes. TriMas operates in four divisions: Aerospace, Packaging, Specialty Products, and Energy. The Aerospace division manufactures advanced components and systems for the aviation sector, serving renowned aircraft and engine manufacturers worldwide. The Packaging division produces packaging solutions for various industries such as food, pharmaceuticals, and industrial applications. The Specialty Products division offers a wide range of technical solutions for different applications, including fastening systems, conduits, and valves. The Energy division produces components and systems for the oil and gas industry, such as pumps, valves, piping systems, and pressure vessels. TriMas offers a diverse range of products that are utilized by users in various industries. These include valves, seals, screws, sleeves, brake systems, and more. The exceptional quality and reliability of its products have enabled TriMas to continually strengthen its position in the global market, with its products being utilized in over 80 countries worldwide. In summary, TriMas Corporation is a globally leading company in the production of high-quality products and solutions for various industrial applications. From aviation to oil and gas, TriMas provides the perfect solutions for the demanding requirements and applications of today. With a wide range of products, deep technological expertise, and a sustainable approach, TriMas consistently delivers the best to its customers, ensuring its continued success in the market. TriMas ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring TriMas's Market Capitalization
TriMas's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.
Year-to-Year Comparison
A yearly comparison of TriMas's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.
Impact on Investments
TriMas's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.
Interpreting Market Capitalization Fluctuations
Variations in TriMas’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.
Frequently Asked Questions about TriMas stock
What is market capitalization?
The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like TriMas.
How has the market capitalization of TriMas developed in recent years?
The market capitalization of TriMas has increased/decreased by -0.57% compared to the previous year.
What does market capitalization mean for investors?
The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.
Why is market capitalization an important indicator for investors?
The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.
Why does the market capitalization fluctuate?
The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.
What role does market capitalization play in the valuation of TriMas?
In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.
Does the market capitalization influence the performance of TriMas?
There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).
Does the market capitalization of TriMas have an influence on indices?
Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).
How much dividend does TriMas pay?
Over the past 12 months, TriMas paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 0.65 %. For the coming 12 months, TriMas is expected to pay a dividend of 0.17 USD.
What is the dividend yield of TriMas?
The current dividend yield of TriMas is 0.65 %.
When does TriMas pay dividends?
TriMas pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of TriMas?
TriMas paid dividends every year for the past 5 years.
What is the dividend of TriMas?
For the upcoming 12 months, dividends amounting to 0.17 USD are expected. This corresponds to a dividend yield of 0.72 %.
In which sector is TriMas located?
TriMas is assigned to the 'Industry' sector.
Wann musste ich die Aktien von TriMas kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TriMas from 8/13/2024 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 8/6/2024.
When did TriMas pay the last dividend?
The last dividend was paid out on 8/13/2024.
What was the dividend of TriMas in the year 2023?
In the year 2023, TriMas distributed 0.16 USD as dividends.
In which currency does TriMas pay out the dividend?
The dividends of TriMas are distributed in USD.
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Andere Kennzahlen von TriMas
Our stock analysis for TriMas Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TriMas Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
