Filing Flows › Trinseo (TSEOQ) › Q4 2024
Trinseo (TSEOQ) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 27, 2025
Trinseo (TSEOQ) reported revenue of $822M for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and -5% from the quarter before. Operating margin was -5.4%, net loss $118M (14.4% of revenue).
Trinseo, Q4 2024: revenue $822M (-2% year over year), operating margin -5.4%, net loss $118M, operating cash flow $85.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $822M | -5% | -2% |
| Operating profit | −$44.2M | — | — |
| Net earnings | −$118M | — | — |
| Operating cash flow | $85.1M | +867% | +386% |
| Free cash flow | $63.9M | — | — |
What changed
Revenue was $821.5M in Q4 2024, down 2% year over year and down 5% from the previous quarter.
Gross margin was 6.8%, up 4.4 points from a year earlier. Operating costs exceeded revenue by $44.2M, an operating margin of -5.4%. Operating expenses grew 9% against a revenue fall of 2%. The quarter ended with a net loss of $117.9M, wider than the previous quarter's $87.3M loss. Net interest and other expense of $72.3M was the main reason.
Operating cash flow was $85.1M (up 386% year over year). Non-cash charges added back $70.3M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $130.1M. After capital expenditures ($21.2M), free cash flow as the company reports it was $63.9M.
Questions
What was Trinseo's revenue in the fourth quarter 2024?
Trinseo (TSEOQ) reported revenue of $822M for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and -5% from the quarter before.
Was Trinseo profitable in the fourth quarter 2024?
Operating loss was $44.2M (-5.4% of revenue) and net loss $118M.
Source: Trinseo 10-K on SEC EDGAR.