Latest Ratios: P/E Ratio -0.0x · EV/EBITDA 13.8x · ROE N/A. (2009–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5M | $180M | $295M | $815M | $2.1B | $2.0B | $1.5B | $2.0B | $3.3B | $2.8B | $1.4B |
| Enterprise Value | $2.3B | $2.4B | $2.4B | $3.0B | $3.9B | $2.6B | $2.3B | $2.7B | $4.0B | $3.5B | $2.2B |
| P/E Ratio → | -0.01 | — | — | — | 4.72 | 256.05 | 16.46 | 6.84 | 9.95 | 8.85 | 10.33 |
| P/S Ratio | 0.00 | 0.05 | 0.08 | 0.16 | 0.43 | 0.72 | 0.45 | 0.43 | 0.73 | 0.76 | 0.35 |
| P/B Ratio | — | — | — | 1.94 | 2.05 | 3.35 | 2.26 | 2.60 | 4.84 | 6.33 | 3.55 |
| P/FCF | — | — | 5.31 | — | 6.20 | 10.47 | 7.13 | 8.16 | 13.39 | 10.06 | 5.66 |
| P/OCF | — | — | 2.36 | 18.74 | 4.59 | 7.74 | 4.70 | 5.46 | 8.35 | 6.97 | 3.91 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.70 | 0.65 | 0.60 | 0.81 | 0.96 | 0.68 | 0.59 | 0.90 | 0.95 | 0.54 |
| EV / EBITDA | 13.84 | 14.91 | — | — | 6.23 | 10.90 | 9.85 | 4.97 | 6.17 | 5.91 | 4.33 |
| EV / EBIT | — | — | — | — | 9.11 | 17.71 | 16.56 | 6.60 | 8.33 | 7.22 | 7.26 |
| EV / FCF | — | — | 43.22 | — | 11.69 | 13.98 | 10.85 | 11.05 | 16.43 | 12.57 | 8.84 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 7.6% | 7.6% | 3.9% | 5.5% | 14.5% | 11.7% | 8.9% | 11.4% | 14.7% | 15.8% | 11.8% |
| Operating Margin | -1.3% | -1.3% | -12.4% | -7.3% | 9.6% | 5.5% | 4.2% | 9.0% | 12.1% | 13.4% | 10.1% |
| Net Profit Margin | -9.9% | -9.9% | -19.1% | -8.7% | 9.1% | 0.3% | 2.7% | 6.3% | 7.4% | 8.6% | 3.4% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | -920.9% | -60.1% | 54.9% | 1.3% | 12.8% | 40.5% | 58.6% | 76.3% | 37.7% |
| ROA | -12.3% | -12.3% | -20.7% | -10.2% | 11.6% | 0.3% | 3.4% | 10.6% | 12.6% | 13.6% | 5.8% |
| ROIC | -2.0% | -2.0% | -15.4% | -10.0% | 16.9% | 8.3% | 7.3% | 21.5% | 31.6% | 32.7% | 24.6% |
| ROCE | -2.1% | -2.1% | -16.8% | -10.6% | 15.1% | 6.6% | 6.4% | 19.1% | 26.8% | 27.0% | 22.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 5.70 | 2.38 | 2.12 | 1.86 | 1.51 | 1.74 | 2.62 | 3.04 |
| Debt / EBITDA | 15.09 | 15.09 | — | — | 3.83 | 5.17 | 5.32 | 2.13 | 1.81 | 1.96 | 2.37 |
| Net Debt / Equity | — | — | — | 5.19 | 1.81 | 1.12 | 1.18 | 0.92 | 1.10 | 1.57 | 2.00 |
| Net Debt / EBITDA | 13.81 | 13.81 | — | — | 2.92 | 2.74 | 3.37 | 1.30 | 1.14 | 1.18 | 1.56 |
| Debt / FCF | — | — | 37.90 | — | 5.49 | 3.51 | 3.72 | 2.89 | 3.03 | 2.50 | 3.18 |
| Interest Coverage | -0.17 | -0.17 | -2.42 | -3.22 | 5.81 | 3.43 | 3.63 | 8.93 | 7.68 | 6.65 | 4.31 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.37 | 1.37 | 1.78 | 2.02 | 2.16 | 2.84 | 2.83 | 3.04 | 2.63 | 2.64 | 2.87 |
| Quick Ratio | 0.89 | 0.89 | 1.17 | 1.21 | 1.48 | 2.24 | 2.00 | 2.09 | 1.81 | 1.93 | 2.08 |
| Cash Ratio | 0.29 | 0.29 | 0.39 | 0.31 | 0.63 | 1.10 | 0.86 | 0.84 | 0.69 | 0.86 | 0.96 |
| Asset Turnover | — | 1.33 | 1.21 | 1.32 | 1.02 | 0.96 | 1.22 | 1.70 | 1.60 | 1.53 | 1.76 |
| Inventory Turnover | 9.35 | 9.35 | 8.73 | 8.48 | 6.65 | 7.48 | 7.01 | 8.02 | 7.43 | 8.12 | 9.92 |
| Days Sales Outstanding | — | 39.47 | 48.74 | 43.08 | 55.97 | 70.38 | 61.75 | 51.17 | 56.25 | 55.43 | 45.45 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 38.5% | 0.9% | 6.1% | 5.8% | 1.1% | 3.1% | 4.3% | 3.3% | 1.8% | 1.0% | 100.0% |
| Payout Ratio | — | — | — | — | 5.0% | 782.3% | 71.4% | 22.6% | 17.7% | 8.6% | 11359.8% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 21.2% | 0.4% | 6.1% | 14.6% | 10.1% | 11.3% | 9.7% |
| FCF Yield | — | — | 18.8% | — | 16.1% | 9.6% | 14.0% | 12.3% | 7.5% | 9.9% | 17.7% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 18.6% | 2.3% | 1.3% | 7.9% | 7.1% | 2.7% | 7.6% | 0.0% |
| Total Shareholder Yield | 38.5% | 0.9% | 6.1% | 24.5% | 3.4% | 4.4% | 12.2% | 10.4% | 4.5% | 8.6% | 100.0% |
| Shares Outstanding | — | $35M | $35M | $36M | $40M | $39M | $41M | $44M | $45M | $47M | $49M |
Insolvency and liquidity pressure
According to recent market data, TSE trades at an EV/EBITDA of 13.84, a multiple that appears disconnected from its negative net margins and contracting revenue, suggesting that the market may be pricing in a recovery scenario that remains unsupported by the company's current fundamental trajectory.
The negative P/E ratio and lack of forward earnings visibility highlight the difficulty in applying traditional valuation metrics to a business currently struggling with structural profitability. Investors should monitor whether this premium relative to peers reflects a mispricing of the company's specialty transformation or merely a lack of liquidity in the equity.
Based on reported figures, TSE's ROIC has remained in negative territory for the majority of the last ten quarters, reaching -1.3% in 2025Q3, which indicates that the company is currently destroying shareholder value rather than compounding it through its core industrial operations.
The inability to generate positive returns on invested capital suggests that the firm's asset base is currently underperforming its cost of capital. This trend warrants further investigation into whether the company's heavy investment in specialty materials can ever overcome the drag created by its commodity-exposed segments.
As reported in financial statements, the cash conversion cycle has remained elevated at 232 days in 2025Q3, reflecting significant inefficiencies in inventory management and receivables collection that exacerbate the company's ongoing struggle to maintain a stable liquidity position during this period of industrial contraction.
The high days sales outstanding and days inventory outstanding suggest that the company lacks leverage over its customer base and is burdened by slow-moving stock. This inefficiency ties up critical cash that is desperately needed to service debt and fund operations in a high-interest rate environment.
According to recent SEC filings, the company's debt-to-EBITDA ratio has reached alarming levels, with the 2025Q3 figure of 91.61 indicating that the firm's ability to service its debt obligations is severely compromised by the current lack of positive operating cash flow generation.
The negative interest coverage ratio confirms that the company is currently unable to cover its interest expenses from core operations, necessitating reliance on cash reserves or external financing. This situation leaves the company highly vulnerable to any further deterioration in market conditions or tightening of credit availability.
As indicated by historical data, the EV/EBITDA ratio is the most commonly misapplied metric for TSE, as it obscures the massive non-cash impairments and restructuring charges that frequently distort the company's true operational cash-generating capacity during cyclical downturns in the styrenics market.
Investors should instead focus on free cash flow and net debt-to-cash flow metrics to better understand the company's actual ability to survive its current financial stress. Relying on EBITDA in this context risks ignoring the reality of the company's heavy capital intensity and its ongoing struggle to achieve sustainable profitability.
Includes 30+ ratios · 16 years · Updated daily
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Quick answers to the most common questions about buying TSE stock.
Trinseo PLC's current P/E ratio is -0.0x. The historical average is 9.5x.
Trinseo PLC's current EV/EBITDA is 13.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.9x.
Based on historical data, Trinseo PLC is trading at a P/E of -0.0x. Compare with industry peers and growth rates for a complete picture.
Trinseo PLC's current dividend yield is 38.53%.
Trinseo PLC has 7.6% gross margin and -1.3% operating margin.
Trinseo PLC's Debt/EBITDA ratio is 15.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.