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Side-by-side financial comparison of Forafric Global PLC (AFRI) and TRIMAS CORP (TRS). Click either name above to swap in a different company.

TRIMAS CORP is the larger business by last-quarter revenue ($256.5M vs $159.7M, roughly 1.6× Forafric Global PLC). TRIMAS CORP runs the higher net margin — 31.9% vs -7.5%, a 39.4% gap on every dollar of revenue. TRIMAS CORP produced more free cash flow last quarter ($36.8M vs $146.0K).

Forafric Global PLC is an Africa-focused agribusiness operating across the full agricultural value chain, covering staple food production, processing, and distribution. Its core markets are North and West Africa, supplying grain, vegetable oil and essential food commodities to consumer, retail and industrial clients.

Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.

AFRI vs TRS — Head-to-Head

Bigger by revenue
TRS
TRS
1.6× larger
TRS
$256.5M
$159.7M
AFRI
Higher net margin
TRS
TRS
39.4% more per $
TRS
31.9%
-7.5%
AFRI
More free cash flow
TRS
TRS
$36.7M more FCF
TRS
$36.8M
$146.0K
AFRI

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
AFRI
AFRI
TRS
TRS
Revenue
$159.7M
$256.5M
Net Profit
$-12.0M
$81.7M
Gross Margin
10.7%
12.8%
Operating Margin
-2.5%
5.7%
Net Margin
-7.5%
31.9%
Revenue YoY
3.8%
Net Profit YoY
236.9%
EPS (diluted)
$2.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFRI
AFRI
TRS
TRS
Q1 26
$256.5M
Q4 25
$-140.0M
Q3 25
$269.3M
Q2 25
$159.7M
$274.8M
Q1 25
$241.7M
Q4 24
$-66.2M
Q3 24
$229.4M
Q2 24
$145.6M
$240.5M
Net Profit
AFRI
AFRI
TRS
TRS
Q1 26
$81.7M
Q4 25
$81.7M
Q3 25
$9.3M
Q2 25
$-12.0M
$16.7M
Q1 25
$12.4M
Q4 24
$5.6M
Q3 24
$2.5M
Q2 24
$-8.6M
$10.9M
Gross Margin
AFRI
AFRI
TRS
TRS
Q1 26
12.8%
Q4 25
Q3 25
12.8%
Q2 25
10.7%
13.8%
Q1 25
13.6%
Q4 24
Q3 24
15.4%
Q2 24
9.4%
14.4%
Operating Margin
AFRI
AFRI
TRS
TRS
Q1 26
5.7%
Q4 25
Q3 25
6.2%
Q2 25
-2.5%
9.9%
Q1 25
9.0%
Q4 24
Q3 24
3.6%
Q2 24
-0.9%
7.4%
Net Margin
AFRI
AFRI
TRS
TRS
Q1 26
31.9%
Q4 25
-58.4%
Q3 25
3.5%
Q2 25
-7.5%
6.1%
Q1 25
5.1%
Q4 24
-8.5%
Q3 24
1.1%
Q2 24
-5.9%
4.5%
EPS (diluted)
AFRI
AFRI
TRS
TRS
Q1 26
$2.03
Q4 25
$2.01
Q3 25
$0.23
Q2 25
$0.41
Q1 25
$0.30
Q4 24
$0.14
Q3 24
$0.06
Q2 24
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFRI
AFRI
TRS
TRS
Cash + ST InvestmentsLiquidity on hand
$12.2M
$30.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.3M
$705.6M
Total Assets
$246.1M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
TRS
TRS
Q1 26
$30.0M
Q4 25
$30.0M
Q3 25
$33.6M
Q2 25
$12.2M
$30.3M
Q1 25
$32.7M
Q4 24
$23.1M
Q3 24
$26.9M
Q2 24
$16.4M
$35.0M
Total Debt
AFRI
AFRI
TRS
TRS
Q1 26
Q4 25
$469.2M
Q3 25
$407.1M
Q2 25
$424.5M
Q1 25
$434.2M
Q4 24
$398.1M
Q3 24
$409.9M
Q2 24
$18.4M
$427.4M
Stockholders' Equity
AFRI
AFRI
TRS
TRS
Q1 26
$705.6M
Q4 25
$705.6M
Q3 25
$725.0M
Q2 25
$5.3M
$715.3M
Q1 25
$686.6M
Q4 24
$667.3M
Q3 24
$682.8M
Q2 24
$16.3M
$675.9M
Total Assets
AFRI
AFRI
TRS
TRS
Q1 26
$1.5B
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$246.1M
$1.4B
Q1 25
$1.4B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$287.1M
$1.4B
Debt / Equity
AFRI
AFRI
TRS
TRS
Q1 26
Q4 25
0.66×
Q3 25
0.56×
Q2 25
0.59×
Q1 25
0.63×
Q4 24
0.60×
Q3 24
0.60×
Q2 24
1.13×
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFRI
AFRI
TRS
TRS
Operating Cash FlowLast quarter
$706.0K
$117.5M
Free Cash FlowOCF − Capex
$146.0K
$36.8M
FCF MarginFCF / Revenue
0.1%
14.4%
Capex IntensityCapex / Revenue
0.4%
18.9%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$109.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
TRS
TRS
Q1 26
$117.5M
Q4 25
$41.5M
Q3 25
$36.5M
Q2 25
$706.0K
$30.3M
Q1 25
$9.2M
Q4 24
$27.1M
Q3 24
$22.0M
Q2 24
$10.5M
$18.4M
Free Cash Flow
AFRI
AFRI
TRS
TRS
Q1 26
$36.8M
Q4 25
$36.8M
Q3 25
$22.8M
Q2 25
$146.0K
$13.2M
Q1 25
$-3.8M
Q4 24
$12.1M
Q3 24
$10.2M
Q2 24
$6.4M
$7.5M
FCF Margin
AFRI
AFRI
TRS
TRS
Q1 26
14.4%
Q4 25
-26.3%
Q3 25
8.5%
Q2 25
0.1%
4.8%
Q1 25
-1.6%
Q4 24
-18.3%
Q3 24
4.4%
Q2 24
4.4%
3.1%
Capex Intensity
AFRI
AFRI
TRS
TRS
Q1 26
18.9%
Q4 25
-3.4%
Q3 25
5.1%
Q2 25
0.4%
6.2%
Q1 25
5.4%
Q4 24
-22.6%
Q3 24
5.2%
Q2 24
2.8%
4.5%
Cash Conversion
AFRI
AFRI
TRS
TRS
Q1 26
1.44×
Q4 25
0.51×
Q3 25
3.92×
Q2 25
1.81×
Q1 25
0.74×
Q4 24
4.80×
Q3 24
8.71×
Q2 24
1.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AFRI
AFRI

Sales to external customers, Total$159.7M100%
Couscous & Pasta$934.0K1%
Soft Wheat$393.0K0%

TRS
TRS

Segment breakdown not available.

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