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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) 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 $233.0M, roughly 1.1× CSW INDUSTRIALS, INC.). TRIMAS CORP runs the higher net margin — 31.9% vs 4.4%, a 27.5% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 3.8%). TRIMAS CORP produced more free cash flow last quarter ($36.8M vs $22.7M). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs 3.3%).

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.

CSW vs TRS — Head-to-Head

Bigger by revenue
TRS
TRS
1.1× larger
TRS
$256.5M
$233.0M
CSW
Growing faster (revenue YoY)
CSW
CSW
+16.5% gap
CSW
20.3%
3.8%
TRS
Higher net margin
TRS
TRS
27.5% more per $
TRS
31.9%
4.4%
CSW
More free cash flow
TRS
TRS
$14.1M more FCF
TRS
$36.8M
$22.7M
CSW
Faster 2-yr revenue CAGR
CSW
CSW
Annualised
CSW
5.1%
3.3%
TRS

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CSW
CSW
TRS
TRS
Revenue
$233.0M
$256.5M
Net Profit
$10.3M
$81.7M
Gross Margin
39.7%
12.8%
Operating Margin
7.4%
5.7%
Net Margin
4.4%
31.9%
Revenue YoY
20.3%
3.8%
Net Profit YoY
-61.9%
236.9%
EPS (diluted)
$0.62
$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
CSW
CSW
TRS
TRS
Q1 26
$256.5M
Q4 25
$233.0M
$-140.0M
Q3 25
$277.0M
$269.3M
Q2 25
$263.6M
$274.8M
Q1 25
$230.5M
$241.7M
Q4 24
$193.6M
$-66.2M
Q3 24
$227.9M
$229.4M
Q2 24
$226.2M
$240.5M
Net Profit
CSW
CSW
TRS
TRS
Q1 26
$81.7M
Q4 25
$10.3M
$81.7M
Q3 25
$40.7M
$9.3M
Q2 25
$40.9M
$16.7M
Q1 25
$35.1M
$12.4M
Q4 24
$26.9M
$5.6M
Q3 24
$36.1M
$2.5M
Q2 24
$38.6M
$10.9M
Gross Margin
CSW
CSW
TRS
TRS
Q1 26
12.8%
Q4 25
39.7%
Q3 25
43.0%
12.8%
Q2 25
43.8%
13.8%
Q1 25
44.2%
13.6%
Q4 24
41.4%
Q3 24
45.6%
15.4%
Q2 24
47.5%
14.4%
Operating Margin
CSW
CSW
TRS
TRS
Q1 26
5.7%
Q4 25
7.4%
Q3 25
20.5%
6.2%
Q2 25
20.8%
9.9%
Q1 25
19.5%
9.0%
Q4 24
15.3%
Q3 24
22.6%
3.6%
Q2 24
24.3%
7.4%
Net Margin
CSW
CSW
TRS
TRS
Q1 26
31.9%
Q4 25
4.4%
-58.4%
Q3 25
14.7%
3.5%
Q2 25
15.5%
6.1%
Q1 25
15.2%
5.1%
Q4 24
13.9%
-8.5%
Q3 24
15.8%
1.1%
Q2 24
17.1%
4.5%
EPS (diluted)
CSW
CSW
TRS
TRS
Q1 26
$2.03
Q4 25
$0.62
$2.01
Q3 25
$2.41
$0.23
Q2 25
$2.43
$0.41
Q1 25
$2.05
$0.30
Q4 24
$1.60
$0.14
Q3 24
$2.26
$0.06
Q2 24
$2.47
$0.27

Balance Sheet & Financial Strength

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

Metric
CSW
CSW
TRS
TRS
Cash + ST InvestmentsLiquidity on hand
$40.2M
$30.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$705.6M
Total Assets
$2.3B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
TRS
TRS
Q1 26
$30.0M
Q4 25
$40.2M
$30.0M
Q3 25
$31.5M
$33.6M
Q2 25
$38.0M
$30.3M
Q1 25
$225.8M
$32.7M
Q4 24
$213.8M
$23.1M
Q3 24
$273.2M
$26.9M
Q2 24
$18.9M
$35.0M
Total Debt
CSW
CSW
TRS
TRS
Q1 26
Q4 25
$469.2M
Q3 25
$407.1M
Q2 25
$424.5M
Q1 25
$800.1M
$434.2M
Q4 24
$398.1M
Q3 24
$409.9M
Q2 24
$427.4M
Stockholders' Equity
CSW
CSW
TRS
TRS
Q1 26
$705.6M
Q4 25
$1.1B
$705.6M
Q3 25
$1.1B
$725.0M
Q2 25
$1.1B
$715.3M
Q1 25
$1.1B
$686.6M
Q4 24
$1.0B
$667.3M
Q3 24
$1.0B
$682.8M
Q2 24
$650.2M
$675.9M
Total Assets
CSW
CSW
TRS
TRS
Q1 26
$1.5B
Q4 25
$2.3B
$1.5B
Q3 25
$1.5B
$1.4B
Q2 25
$1.5B
$1.4B
Q1 25
$1.4B
$1.4B
Q4 24
$1.4B
$1.3B
Q3 24
$1.4B
$1.4B
Q2 24
$1.1B
$1.4B
Debt / Equity
CSW
CSW
TRS
TRS
Q1 26
Q4 25
0.66×
Q3 25
0.56×
Q2 25
0.59×
Q1 25
0.75×
0.63×
Q4 24
0.60×
Q3 24
0.60×
Q2 24
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
CSW
CSW
TRS
TRS
Operating Cash FlowLast quarter
$28.9M
$117.5M
Free Cash FlowOCF − Capex
$22.7M
$36.8M
FCF MarginFCF / Revenue
9.8%
14.4%
Capex IntensityCapex / Revenue
2.6%
18.9%
Cash ConversionOCF / Net Profit
2.81×
1.44×
TTM Free Cash FlowTrailing 4 quarters
$162.0M
$109.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
TRS
TRS
Q1 26
$117.5M
Q4 25
$28.9M
$41.5M
Q3 25
$61.8M
$36.5M
Q2 25
$60.6M
$30.3M
Q1 25
$27.3M
$9.2M
Q4 24
$11.6M
$27.1M
Q3 24
$66.8M
$22.0M
Q2 24
$62.7M
$18.4M
Free Cash Flow
CSW
CSW
TRS
TRS
Q1 26
$36.8M
Q4 25
$22.7M
$36.8M
Q3 25
$58.7M
$22.8M
Q2 25
$57.7M
$13.2M
Q1 25
$22.8M
$-3.8M
Q4 24
$8.5M
$12.1M
Q3 24
$61.3M
$10.2M
Q2 24
$59.6M
$7.5M
FCF Margin
CSW
CSW
TRS
TRS
Q1 26
14.4%
Q4 25
9.8%
-26.3%
Q3 25
21.2%
8.5%
Q2 25
21.9%
4.8%
Q1 25
9.9%
-1.6%
Q4 24
4.4%
-18.3%
Q3 24
26.9%
4.4%
Q2 24
26.3%
3.1%
Capex Intensity
CSW
CSW
TRS
TRS
Q1 26
18.9%
Q4 25
2.6%
-3.4%
Q3 25
1.1%
5.1%
Q2 25
1.1%
6.2%
Q1 25
2.0%
5.4%
Q4 24
1.6%
-22.6%
Q3 24
2.4%
5.2%
Q2 24
1.4%
4.5%
Cash Conversion
CSW
CSW
TRS
TRS
Q1 26
1.44×
Q4 25
2.81×
0.51×
Q3 25
1.52×
3.92×
Q2 25
1.48×
1.81×
Q1 25
0.78×
0.74×
Q4 24
0.43×
4.80×
Q3 24
1.85×
8.71×
Q2 24
1.62×
1.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

TRS
TRS

Segment breakdown not available.

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