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MARKETS / BALCAO / TSEOQ
BALCAO · PLASTIC MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS · MID CAP

Trinseo PLC TSEOQ

14 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.0B
▼ 15.3% YoY
$-545.6M
$-153.4M
In brief

What this company does

It has manufacturing and production operations around the world, which allow it to serve its global customer base. Its products are incorporated into a wide range of its customers' products throughout the world, including products for building and construction, automotive applications, paper and board, appliances, packaging, textile, and consumer electronics. As of December 31, 2025, it operated 11 research and development facilities globally, including technology and innovation development centers. As of December 31, 2025, it had approximately 2,800 employees worldwide, with the majority located in the EMEA region, approximately 30% in the Americas, and the remainder in Asia Pacific. It has approximately 180 professionals working in sales and marketing around the world, along with approximately 90 customer service professionals, and sells its products to customers in approximately 80 countries. The Company operates under four reportable segments: Engineered Materials, Latex Binders, Polymer Solutions, and Americas Styrenics. Its predecessor business was sold by Dow in 2010 to investment funds advised or managed by affiliates of Bain Capital Partners, LP, which fully divested its ownership in the Company in 2016.

Written from the business description in Trinseo PLC's annual report to the U.S. Securities and Exchange Commission, filed 13 March 2026. Every sentence was checked against that document before publication.

Growth
USD 3.0B
Revenue, FY2025 · full 14-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.0 · Net income -0.5
2.00B4.00B-0.25B-0.50B20122014201620182020202220242025
Compound annual growth
−15.7%
+1.6%
−2.8%
−81.7%
−57.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +1.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−18 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -8.5% · Net -18.3%
5%10%-5%-10%-15%20122014201620182020202220242025
ROE
FY2023 · ROE -920.9%
-500%20122014201620182020202220242025

Cash & shareholders
USD 1.2M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -153.4
200M-80M20122014201620182020202220242025
Net buybacks $M Dividends $M
FY2025 · Dividends 1.2 · Net buybacks —
100M200MDividendsNet buybacks2016201720182019202020212022202320242025

USD 1.2M in dividends went back to shareholders in a year without profit.

Total assetsUSD 2.3B
EquityUSD -1.1B
CashUSD 146.7M
Gross debtUSD 2.5B
Net debtUSD 2.4B
Current ratio1.21×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 14-year record
14 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012
Revenue $B3.03.53.75.04.82.73.44.64.43.74.05.15.35.5
Operating income $B−0.3−0.0−0.5−0.40.50.10.10.40.50.50.40.10.20.2
EBITDA $B0.00.2−0.2−0.10.60.20.20.50.60.60.50.20.30.3
Income tax $B0.00.00.1−0.00.10.00.00.10.10.10.10.00.00.0
Net income $B−0.5−0.3−0.7−0.40.40.00.10.30.30.30.1−0.1−0.00.0
Free cash flow $B−0.2−0.10.1−0.10.30.20.20.20.20.30.30.00.10.1
EPS, diluted $−15.24−9.86−19.88−11.9911.120.202.266.707.306.702.73−1.55−0.601.88
Dividend / sh $0.020.040.171.280.801.281.601.561.380.90····
Payout %−0−0−3−1157827123189····
ROE %··−920.9−60.154.91.312.840.558.575.837.4−20.2−7.010.4
Shares out B0.040.000.000.000.000.000.040.040.040.040.050.050.04·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 68 reconciliationsAUDITED

Reconciled in 14 of 19 fiscal years. 27 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPlastic Materials, Synth Resins & Nonvulcan Elastomers
Listed onOTC market
Incorporated inoutside the United States — SEC code L2
Fiscal year endsDecember 31
Data on record since2012

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