Company / Interest Expense
TRIMAS CORP Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$15.9M
FY2023
5-year range
$14.1M / $15.9M
FY2019-FY2023
Trend
+12.8%
vs FY2022
Sector context
#69 of 113
Industrials
What the data says
At $16M, TRIMAS CORP's interest expense ranks #45 of 113 in the Industrials sector. Interest Expense returned to growth in FY2023 after 2 years of decline, reaching $16M.
Based on SEC 10-K filings.
$16M in FY2023 with a 5-year CAGR of +2.7%.
Increased from $15M to $16M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +2.8%
- 5-Year CAGR
- +2.7%
- 10-Year CAGR
- -
Sector benchmark
#45 of 113 in IndustrialsTop 39% of 113This company $15.9M Sector average $104.6M
▼
-84.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +2.7%, indicating consistent growth.
- In FY2023, interest expense increased 12.8% year-over-year.
- Ranks #69 out of 113 companies in the Industrials sector.
- Lowest interest expense in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 1.11 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $15.9M | +12.8% |
| FY2022 | $14.1M | -2.8% |
| FY2021 | $14.5M | -1.0% |
| FY2020 | $14.7M | +5.1% |
| FY2019 | $13.9M | +0.3% |
| FY2018 | $13.9M | -3.3% |
| FY2017 | $14.4M | +4.9% |
| FY2016 | $13.7M | -2.4% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026