Trinseo PLC (TSE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 743.2M | 784.3M | 784.8M | 821.5M | 867.7M | 920M | 904M | 837.5M | 879M | 962.6M | 996.3M | 975.2M | 1.18B | 1.43B | 1.39B | 1.3B | 1.27B | 1.27B | 986M | 860.2M |
| Revenue Growth % | -14.35% | -14.75% | -13.19% | -1.91% | -1.29% | -4.43% | -9.26% | -14.12% | -25.39% | -32.47% | -28.15% | -24.9% | -7.19% | 11.92% | 40.64% | 50.95% | 86.88% | 138.39% | 15.52% | -3.22% |
| Cost of Goods Sold | 705.8M | 747.7M | 721M | 765.5M | 787.1M | 851.6M | 843.4M | 817.2M | 847.7M | 909M | 959.1M | 978.4M | 1.22B | 1.29B | 1.21B | 1.18B | 1.1B | 1.05B | 797.1M | 710.6M |
| COGS % of Revenue | 94.97% | 95.33% | 91.87% | 93.18% | 90.71% | 92.57% | 93.3% | 97.58% | 96.44% | 94.43% | 96.27% | 100.33% | 103.35% | 90.24% | 87.31% | 90.64% | 86.74% | 82.73% | 80.84% | 82.61% |
| Gross Profit | 37.4M | 36.6M | 63.8M | 56M | 80.6M | 68.4M | 60.6M | 20.3M | 31.3M | 53.6M | 37.2M | -3.2M | -39.5M | 139.1M | 176M | 121.6M | 168.3M | 220M | 188.9M | 149.6M |
| Gross Margin % | 5.03% | 4.67% | 8.13% | 6.82% | 9.29% | 7.43% | 6.7% | 2.42% | 3.56% | 5.57% | 3.73% | -0.33% | -3.35% | 9.76% | 12.69% | 9.36% | 13.26% | 17.27% | 19.16% | 17.39% |
| Gross Profit Growth % | -53.6% | -46.49% | 5.28% | 175.86% | 157.51% | 27.61% | 62.9% | 734.38% | 179.24% | -61.47% | -78.86% | -102.63% | -123.47% | -36.77% | -6.83% | -18.72% | 58.33% | 840.17% | 171.02% | 149.33% |
| Operating Expenses | 65.6M | 69.9M | 92.8M | 100.2M | 93M | 54.5M | 63.9M | 92.3M | 47.7M | 390.4M | 67.4M | 417.7M | 59.6M | 47.5M | 111.4M | 74.3M | 60.5M | 69M | 33.6M | 39.1M |
| OpEx % of Revenue | 8.83% | 8.91% | 11.82% | 12.2% | 10.72% | 5.92% | 7.07% | 11.02% | 5.43% | 40.56% | 6.77% | 42.83% | 5.06% | 3.33% | 8.03% | 5.72% | 4.77% | 5.42% | 3.41% | 4.55% |
| Selling, General & Admin | 60.3M | 78.1M | 91M | 89.8M | 97M | 70.1M | 70.1M | 105.2M | 66.6M | 53.8M | 84.7M | 136M | 80.5M | 85.6M | 96.7M | 93M | 76.4M | 97.3M | 56.5M | 62.8M |
| SG&A % of Revenue | 8.11% | 9.96% | 11.6% | 10.93% | 11.18% | 7.62% | 7.75% | 12.56% | 7.58% | 5.59% | 8.5% | 13.95% | 6.83% | 6% | 6.97% | 7.16% | 6.02% | 7.64% | 5.73% | 7.3% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | -28.2M | -33.3M | -29M | -44.2M | -12.4M | 13.9M | -3.3M | -72M | -16.4M | -336.8M | -30.2M | -420.9M | -99.1M | 91.6M | 64.6M | 47.3M | 107.8M | 151M | 155.3M | 110.5M |
| Operating Margin % | -3.79% | -4.25% | -3.7% | -5.38% | -1.43% | 1.51% | -0.36% | -8.6% | -1.87% | -34.99% | -3.03% | -43.16% | -8.41% | 6.43% | 4.66% | 3.64% | 8.49% | 11.86% | 15.75% | 12.85% |
| Operating Income Growth % | -127.42% | -339.57% | -778.79% | 38.61% | 24.39% | 104.13% | 89.07% | 82.89% | 83.45% | -467.69% | -146.75% | -989.85% | -191.93% | -39.34% | -58.4% | -57.19% | 37.68% | 1100% | 527.82% | 1086.61% |
| EBITDA | 28.2M | 26.5M | 7M | 26.1M | 35.9M | 60.5M | 41.7M | 2.5M | 21.8M | -284.3M | 25.8M | -331.1M | -53.1M | 139.7M | 117.6M | 103.8M | 157.6M | 189.1M | 178.4M | 143M |
| EBITDA Margin % | 3.79% | 3.38% | 0.89% | 3.18% | 4.14% | 6.58% | 4.61% | 0.3% | 2.48% | -29.53% | 2.59% | -33.95% | -4.51% | 9.8% | 8.48% | 7.99% | 12.42% | 14.85% | 18.09% | 16.62% |
| EBITDA Growth % | -21.45% | -56.2% | -83.21% | 944% | 64.68% | 121.28% | 61.63% | 100.76% | 141.05% | -303.51% | -78.06% | -418.98% | -133.69% | -26.12% | -34.08% | -27.41% | 58.39% | 6620.69% | 178300% | 519.05% |
| D&A (Non-Cash Add-back) | 56.4M | 59.8M | 36M | 70.3M | 48.3M | 46.6M | 45M | 74.5M | 38.2M | 52.5M | 56M | 89.8M | 46M | 48.1M | 53M | 56.5M | 49.8M | 38.1M | 23.1M | 32.5M |
| EBIT | -30.8M | -33.5M | -5.8M | -49M | -11.6M | 17.2M | -7.1M | -73.8M | -9.5M | -333.9M | -27.3M | -412.1M | -99.6M | 93.3M | 61.6M | 46.2M | 107.9M | 177.9M | 97.9M | 112.8M |
| Net Interest Income | -70.6M | -69.5M | -66.6M | -67.5M | -72.3M | -64.7M | -63M | -63.3M | -46.6M | -40.2M | -38.3M | -35.2M | -30.4M | -25.4M | -21.9M | -22.8M | -23M | -21.6M | -12M | -11.6M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 70.6M | 69.5M | 66.6M | 67.5M | 72.3M | 64.7M | 63M | 63.3M | 46.6M | 40.2M | 38.3M | 35.3M | 30.4M | 25.4M | 21.9M | 22.8M | 23M | 21.6M | 12M | 11.6M |
| Other Income/Expense | -73.2M | -69.7M | -43.4M | -72.3M | -71.5M | -61.4M | -66.8M | -65.1M | -39.7M | -37.3M | -35.4M | -26.4M | -30.9M | -23.7M | -24.9M | -23.9M | -22.9M | 5.3M | -69.4M | -9.3M |
| Pretax Income | -101.4M | -103M | -72.4M | -116.5M | -83.9M | -47.5M | -70.1M | -137.1M | -56.1M | -374.1M | -65.6M | -447.3M | -130M | 67.9M | 39.7M | 23.4M | 84.9M | 156.3M | 85.9M | 101.2M |
| Pretax Margin % | -13.64% | -13.13% | -9.23% | -14.18% | -9.67% | -5.16% | -7.75% | -16.37% | -6.38% | -38.86% | -6.58% | -45.87% | -11.03% | 4.76% | 2.86% | 1.8% | 6.69% | 12.27% | 8.71% | 11.76% |
| Income Tax | 8.3M | 2.5M | 6.6M | 1.4M | 3.4M | 20.3M | 5.4M | 127.9M | -17.7M | -25.1M | -16.7M | -83M | -12.1M | 30.8M | 22.6M | 22M | 5.5M | 23.3M | 20.1M | 34.5M |
| Effective Tax Rate % | -8.19% | -2.43% | -9.12% | -1.2% | -4.05% | -42.74% | -7.7% | -93.29% | 31.55% | 6.71% | 25.46% | 18.56% | 9.31% | 45.36% | 56.93% | 94.02% | 6.48% | 14.91% | 23.4% | 34.09% |
| Net Income | -109.7M | -105.5M | -79M | -117.9M | -87.3M | -67.8M | -75.5M | -265M | -38.4M | -349M | -48.9M | -365.3M | -119.8M | 37.4M | 16.7M | 123.8M | 93.1M | 151.6M | 71.5M | 66.7M |
| Net Margin % | -14.76% | -13.45% | -10.07% | -14.35% | -10.06% | -7.37% | -8.35% | -31.64% | -4.37% | -36.26% | -4.91% | -37.46% | -10.17% | 2.62% | 1.2% | 9.53% | 7.33% | 11.9% | 7.25% | 7.75% |
| Net Income Growth % | -25.66% | -55.6% | -4.64% | 55.51% | -127.34% | 80.57% | -54.4% | 27.46% | 67.95% | -1033.16% | -392.81% | -395.07% | -228.68% | -75.33% | -76.64% | 85.61% | -12% | 218.07% | 296.97% | 1070.18% |
| Net Income (Continuing) | -109.7M | -105.5M | -79M | -117.9M | -87.3M | -67.8M | -75.5M | -265M | -38.4M | -349M | -48.9M | -364.3M | -117.9M | 37.1M | 17.1M | 1.4M | 79.4M | 133M | 65.8M | 66.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 300K | -400K | 1000K | 1000K | 1000K | 1000K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -3.05 | -2.96 | -2.22 | -3.33 | -2.47 | -1.92 | -2.14 | -7.53 | -1.09 | -9.91 | -1.40 | -10.41 | -3.35 | 1.01 | 0.44 | 3.14 | 2.36 | 3.82 | 1.81 | 1.71 |
| EPS Growth % | -23.48% | -54.17% | -3.74% | 55.78% | -126.61% | 80.63% | -52.86% | 27.67% | 67.46% | -1081.19% | -418.18% | -431.53% | -241.95% | -73.56% | -75.69% | 83.63% | -14.18% | 214.03% | 292.55% | 1121.43% |
| EPS (Basic) | -3.05 | -2.96 | -2.22 | -3.33 | -2.47 | -1.92 | -2.14 | -7.53 | -1.09 | -9.91 | -1.40 | -10.41 | -3.35 | 1.03 | 0.45 | 3.20 | 2.39 | 3.91 | 1.86 | 1.74 |
| Diluted Shares Outstanding | 36M | 35.6M | 35.5M | 35.4M | 35.4M | 35.3M | 35.3M | 35.2M | 35.2M | 35.2M | 35M | 35M | 35.2M | 37M | 38.1M | 39.5M | 39.5M | 39.6M | 39.5M | 39M |
| Basic Shares Outstanding | 36M | 35.6M | 35.5M | 35.4M | 35.4M | 35.3M | 35.3M | 35.2M | 35.2M | 35.2M | 35M | 35M | 35.19M | 36.3M | 37.3M | 38.7M | 38.8M | 38.8M | 38.5M | 38.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | 32.62% | 74.25% | 9.56% | 3.33% | 2.04% | 4.62% | 24.29% |