Trinseo (TSE)

Company Profile

our company who we are trinseo is a world leader in the production of plastics, latex and rubber. a new kind of global materials company at the intersection of people, technology and customers. we are a new company built on seven decades of technology leadership. a company positioned to push the envelope for our customers and push great ideas as far as possible.

Company profile

Ticker

TSE

Exchange

NYSE

Website

trinseo.com

CEO

Frank A. Bozich

Incorporated

Ireland

Location

Pennsylvania

Fiscal year end

Dec 31

Sector

Manufacturing > Plastics Material and Resin Manufacturing

Industry (SIC)

Plastic Materials, Synth Resins & Nonvulcan Elastomers

DuPont de Nemours • Eastman Chemical • Dow • Albemarle • Hexion • Avient • Hexcel • Kraton • AdvanSix • Rogers ...

Former names

Trinseo S.A.

SEC CIK

0001519061

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Trinseo Belgium B.V. • Trinseo Operating Belgium B.V. • Trinseo Canada ULC • Styron Synthetic Materials (Shanghai) Company Limited • Trinseo Polymers (Zhangjiagang) Company Limited • Altuglas International Denmark A/S • Altuglas International SAS • Styron Operating France SAS • Trinseo France S.A.S. • Trinseo Deutschland Anlagengesellschaft mbH ...

TSE stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

Departure of Directors or Certain Officers

22 Sep 23

8-K

Trinseo Announces Completion of Transaction to Refinance $660 million 2024 Term Loan and $385 million of 2025 Senior Notes

8 Sep 23

8-K

Cost Associated with Exit or Disposal Activities

23 Aug 23

8-K

Regulation FD Disclosure

16 Aug 23

8-K

Regulation FD Disclosure

10 Aug 23

S-8

Registration of securities for employees

4 Aug 23

Trinseo Reports Second Quarter 2023 Financial Results, Announces Additional Restructuring Initiatives and Updates 2023 Outlook

3 Aug 23

8-K

Departure of Directors or Certain Officers

26 Jul 23

8-K

Trinseo Announces Executive Leadership Team Changes

20 Jul 23

Transcripts

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TSE

Earnings call transcript

2023 Q2

4 Aug 23

TSE

Earnings call transcript

2023 Q1

5 May 23

TSE

Earnings call transcript

2022 Q3

6 Nov 22

TSE

Earnings call transcript

2022 Q2

9 Aug 22

TSE

Earnings call transcript

2022 Q1

5 May 22

TSE

Earnings call transcript

2021 Q4

9 Feb 22

TSE

Earnings call transcript

2021 Q3

8 Nov 21

TSE

Earnings call transcript

2021 Q2

7 Aug 21

TSE

Earnings call transcript

2021 Q1

7 May 21

TSE

Earnings call transcript

2020 Q4

4 Feb 21

Latest ownership filings

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Financial summary

Financial statements Chart TSE financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	269.50 mm	269.50 mm	269.50 mm	269.50 mm	269.50 mm	269.50 mm
Cash burn (monthly)	(no burn)	(no burn)	124.70 mm	84.75 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	351.35 mm	238.79 mm	n/a	n/a
Cash remaining	n/a	n/a	-81.85 mm	30.71 mm	n/a	n/a
Runway (months of cash)	n/a	n/a	-0.7	0.4	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Trinseo earnings reports.

Institutional ownership, Q2 2023

TSE institutional ownership history Ownership history

92.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	143	163	-12.3%
Opened positions	15	22	-31.8%
Closed positions	35	40	-12.5%
Increased positions	44	51	-13.7%
Reduced positions	59	55	+7.3%

13F shares	Current	Prev Q	Change
Total value	394.71 bn	645.58 bn	-38.9%
Total shares	32.59 mm	32.64 mm	-0.1%
Total puts	337.30 k	231.30 k	+45.8%
Total calls	177.20 k	72.60 k	+144.1%
Total put/call ratio	1.9	3.2	-40.3%

Largest owners	Shares	Value	Change
M&G Investment Management	7.63 mm	$99.13 bn	0.0%
BLK Blackrock	5.79 mm	$73.34 bn	-0.4%
Vanguard	1.61 mm	$20.45 bn	+3.0%
Fuller & Thaler Asset Management	1.59 mm	$20.18 bn	-0.2%
STT State Street	1.38 mm	$17.45 bn	-2.5%
Fisher Asset Management	1.37 mm	$17.41 mm	+33.3%
Towle & Co	1.19 mm	$15.02 bn	+3.9%
Dimensional Fund Advisors	1.18 mm	$14.97 bn	-5.4%
Charles Schwab Investment Management	992.71 k	$12.58 bn	+21.3%
Hotchkis & Wiley Capital Management	739.32 k	$9.37 bn	+70.9%

Largest transactions	Shares	Bought/sold	Change
FMR	6.13 k	-454.28 k	-98.7%
Deprince Race & Zollo	687.03 k	+448.51 k	+188.0%
LSV Asset Management	165.18 k	-396.66 k	-70.6%
Fisher Asset Management	1.37 mm	+343.00 k	+33.3%
Hotchkis & Wiley Capital Management	739.32 k	+306.69 k	+70.9%
MS Morgan Stanley	246.95 k	-236.46 k	-48.9%
Algert Global	244.94 k	+232.25 k	+1830.2%
Charles Schwab Investment Management	992.71 k	+174.15 k	+21.3%
Citadel Advisors	663.28 k	+157.59 k	+31.2%
Jacobs Levy Equity Management	612.06 k	-149.99 k	-19.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TSE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Sep 23	Stasse David Phillip	Ordinary Shares	Buy	Acquire P	No	No	8.89	15,000	133.35 k	105,552
13 Sep 23	Jeanmarie F. Desmond	Ordinary Shares	Buy	Acquire P	No	No	7.94	2,500	19.85 k	19,128
12 Sep 23	Bozich Frank A	Ordinary Shares	Buy	Acquire P	No	No	8.07	8,000	64.56 k	192,653
12 Sep 23	Timothy J Thomas	Ordinary Shares	Buy	Acquire P	No	No	7.94	3,000	23.82 k	17,945
12 Sep 23	Angelo N. Chaclas	Ordinary Shares	Buy	Acquire P	No	No	8.07	20,000	161.40 k	88,508