Trustmark Corporation Financial Ratios — TRMK Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	9.04	9.37	8.86	8.91	8.02	7.24	6.83	9.46	9.25	9.41	8.46	4.45	10.49	12.31	10.98
Return on Assets (%)	1.11	1.2	1.08	1.03	0.93	0.83	0.78	1.1	1.12	1.07	0.86	0.4	0.9	1.21	1.21
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	5.67	6.45	7.35	6.93	7.34	7.32	7.26	7.27	7.37	6.8	8.43	7.44	6.06	8.36	5.83
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	33.35	35.11	30.45	31.13	30.01	27.87	29.12	32.09	32.47	31.22	32.27	11.02	30.66	7.48	40.01
Profit Margin (%)	23.98	25.84	23.15	23.73	23	21.66	19.93	27.93	28.11	26.33	27.11	13.41	28.03	48.96	32.65
Net Income to Common Margin (%)	23.98	25.84	23.15	23.73	23	21.66	19.93	27.93	28.11	26.33	27.11	13.41	28.03	48.96	32.65
Effective Tax Rate (%)	28.11	26.41	23.99	23.77	23.38	22.27	31.56	12.96	13.43	15.68	15.99	2.52	15.33	- -	18.4
Dvd Payout Ratio (%)	55.68	51.13	53.2	50.56	53.95	57.8	59.45	41.73	39.75	36.72	39.42	93.04	36.96	125.61	26.08
Sustainable Growth Rate (%)	4.01	4.58	4.15	4.4	3.69	3.06	2.77	5.51	5.58	5.95	5.13	0.31	6.62	-3.15	8.11

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	199	199	187	538	1,026	1,083	1,034	159	123	244	228	1,204	629	428	499
ST Debt	88	87	66	425	413	770	971	79	- -	- -	- -	- -	- -	- -	- -
LT Debt	112	112	120	113	613	313	63	80	123	244	228	1,204	629	428	499
Total Debt/EBITDA	7.89	6.79	5.02	14.92	27.68	29.57	26.87	4.09	3.11	5.91	4.98	30.19	17.59	11.25	12.46
Net Debt/EBITDA	-0.13	-1.12	-4.28	6.16	20.18	20.62	18.15	-4.89	-7.06	-42.31	-45.44	10.67	-10.91	-4.77	-5.23
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	12.49	13.1	11.49	11.59	11.62	11.39	11.39	11.98	12.3	10.52	9.9	8.28	8.88	10.81	11.21
Long-Term Debt/Equity (%)	9.19	8.68	8.87	7.96	41.61	20.58	4	5.04	7.38	14.02	13.09	80.69	37.84	21.82	23.5
Long-Term Debt/Capital (%)	7.9	7.52	7.8	5.77	24.53	12.02	2.41	4.58	6.87	12.3	11.57	44.66	27.45	17.91	19.03
Long-Term Debt/Total Assets (%)	1.15	1.14	1.02	0.92	4.83	2.34	0.46	0.6	0.91	1.48	1.3	6.68	3.36	2.36	2.63
Total Debt/Equity (%)	16.4	15.43	13.77	37.9	69.62	71.22	65.78	10	7.38	14.02	13.09	80.69	37.84	21.82	23.5
Total Debt/Capital (%)	14.09	13.37	12.1	27.48	41.05	41.6	39.68	9.09	6.87	12.3	11.57	44.66	27.45	17.91	19.03
Total Debt/Total Assets (%)	2.05	2.02	1.58	4.39	8.09	8.11	7.49	1.2	0.91	1.48	1.3	6.68	3.36	2.36	2.63
Net Debt to Equity	-0.27	-2.55	-11.75	15.64	50.77	49.66	44.42	-11.96	-16.75	-100.42	-119.56	28.51	-23.46	-9.26	-9.86
Net Debt/Capital (%)	-0.27	-2.62	-13.31	13.53	33.67	33.18	30.76	-13.59	-19.54	-5,335.16	699.56	21.69	-29.65	-9.97	-10.72
EBITDA	25	29	37	36	37	37	38	39	39	41	46	40	36	38	40
EBITDA-CapEx	13	12	21	24	16	18	20	11	9	10	15	6	-13	9	20
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	12.49	13.1	11.49	11.59	11.62	11.39	11.39	11.98	12.3	10.52	9.9	8.28	8.88	10.81	11.21
Long-Term Debt/Equity (%)	9.19	8.68	8.87	7.96	41.61	20.58	4	5.04	7.38	14.02	13.09	80.69	37.84	21.82	23.5
Long-Term Debt/Capital (%)	7.9	7.52	7.8	5.77	24.53	12.02	2.41	4.58	6.87	12.3	11.57	44.66	27.45	17.91	19.03
Long-Term Debt/Total Assets (%)	1.15	1.14	1.02	0.92	4.83	2.34	0.46	0.6	0.91	1.48	1.3	6.68	3.36	2.36	2.63
Total Debt/Equity (%)	16.4	15.43	13.77	37.9	69.62	71.22	65.78	10	7.38	14.02	13.09	80.69	37.84	21.82	23.5
Total Debt/Capital (%)	14.09	13.37	12.1	27.48	41.05	41.6	39.68	9.09	6.87	12.3	11.57	44.66	27.45	17.91	19.03
Total Debt/Total Assets (%)	2.05	2.02	1.58	4.39	8.09	8.11	7.49	1.2	0.91	1.48	1.3	6.68	3.36	2.36	2.63
CFO/Total Liabilities	2.04	1.31	2.89	1.95	1.54	1.25	1.69	2.05	0.98	0.44	2.2	1.79	1.15	0.72	1.45
CFO/CapEx	14.25	6.54	18.84	17.05	8.03	8.14	11.04	8.59	3.79	2.12	11.18	8.72	4.05	4.09	12.07
Altman's Z-Score	0.3	0.3	0.28	0.27	0.26	0.29	0.27	0.28	0.31	0.24	0.24	0.24	0.22	0.25	0.27

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover

- -

Days Sales Outstanding

- -

Inventory Turnover

- -

Days Inventory Outstanding

- -

Accounts Payable Turnover

- -

Accounts Payable Turnover Days

- -

Cash Conversion Cycle

- -

Inventory to Cash Days

- -

Inventories

- -

Raw Materials

- -

Work In Process

- -

Finished Goods

- -

Other Inventory

- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	1,558	1,456	1,808	1,656	1,557	2,411	2,158	1,872	2,216	1,732	2,001	2,129	1,703	2,158	2,299
- Cash & Cash Equivalents	203	231	346	316	278	328	336	350	359	1,953	2,267	735	975	567	668
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	199	199	187	538	1,026	1,083	1,034	159	123	244	228	1,204	629	428	499
Enterprise Value	-914	-1,235	-545	-496	-41	809	618	-131	377	-1,968	-3,277	574	-407	326	497
Total Capital	1,414	1,486	1,542	1,958	2,499	2,603	2,606	1,751	1,783	1,985	1,969	2,696	2,291	2,390	2,620
Total Debt/Capital (%)	14.09	13.37	12.1	27.48	41.05	41.6	39.68	9.09	6.87	12.3	11.57	44.66	27.45	17.91	19.03
Total Debt / EV	-0.22	-0.16	-0.34	-1.08	-25.01	1.34	1.67	-1.22	0.33	-0.12	-0.07	2.1	-1.55	1.31	1
EV/Sales	- -	- -	- -	- -	- -	1.62	1.17	- -	0.7	- -	- -	1.07	- -	0.72	0.72
EV/EBITDA	- -	- -	- -	- -	- -	22.1	16.06	- -	9.56	- -	- -	14.39	- -	8.57	12.42
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	5.46	2.99	- -	3.24	- -	- -	1.94	- -	2.79	2.04
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	4.86	2.74	- -	2.56	- -	- -	1.74	- -	2.24	1.88
Diluted Market Cap	1,561	1,457	1,800	1,659	1,560	2,417	2,163	1,924	2,235	1,738	2,044	2,145	1,707	2,171	2,358
Diluted Enterprise Value	1,558	1,424	1,641	1,881	2,307	3,171	2,861	1,733	1,999	30	5	2,614	1,361	2,032	2,189
EV per Share	- -	- -	- -	- -	- -	11.97	9.12	- -	5.87	- -	- -	9.41	- -	5.35	8.42
TTM Sales	446	454	506	521	505	500	530	535	535	608	544	536	590	455	687
TTM EBITDA	25	29	37	36	37	37	38	39	39	41	46	40	36	38	40
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	174	112	301	211	173	148	207	239	116	65	349	297	197	117	244
TTM Free Cash Flow to Firm	186	129	317	224	194	167	225	267	147	96	380	331	246	146	264

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	8.4	11.25	5.68	7.42	8.04	14.51	9.6	7.2	15.19	18.07	5.38	6.49	6.95	14.92	8.93
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-914	-1,235	-545	-496	-41	809	618	-131	377	-1,968	-3,277	574	-407	326	497
Low Price	17.06	20.76	22.45	22.35	21.05	19.75	28.16	26.84	27.52	20.08	26.6	26.67	18.96	25.24	29.77
EV/Sales	- -	- -	- -	- -	- -	1.62	1.17	- -	0.7	- -	- -	1.07	- -	0.72	0.72
EV/EBITDA	- -	- -	- -	- -	- -	22.1	16.06	- -	9.56	- -	- -	14.39	- -	8.57	12.42
Price/Earnings	14.57	12.38	15.34	13.39	13.41	22.24	20.43	12.83	14.82	10.84	13.83	29.74	10.29	9.7	10.48
Price/Earnings Average	13.48	13.3	14.52	13.12	13.9	16.29	20.73	14.69	14.47	10.1	13.6	27.26	9.08	8.51	9.96
Price/Earnings High	15.67	14.53	16.5	14.73	15.16	22.95	23.45	16.39	15.74	13.83	15.47	32.77	13.13	11.17	11.15
Price/Earnings Low	10.23	11.45	12.83	12.2	12.25	12.32	18.06	12.11	11.82	7.97	11.33	22.72	6.99	6.92	8.01
Price/Book Value	1.28	1.13	1.33	1.17	1.06	1.59	1.37	1.18	1.33	0.99	1.15	1.43	1.02	1.1	1.08
Price/Book Value Average	1.19	1.21	1.26	1.14	1.1	1.16	1.39	1.35	1.3	0.93	1.13	1.31	0.9	0.97	1.03
Price/Book Value High	1.38	1.33	1.44	1.28	1.19	1.64	1.58	1.5	1.42	1.27	1.29	1.57	1.31	1.27	1.15
Price/Book Value Low	0.9	1.05	1.12	1.06	0.97	0.88	1.21	1.11	1.06	0.73	0.94	1.09	0.7	0.78	0.83
Price/Tangible Book Value	1.8	1.56	2.07	1.73	1.55	2.29	1.98	1.69	1.86	1.35	1.58	2.18	1.42	1.45	1.39
Price/Tangible Book Value Average	1.66	1.68	1.96	1.7	1.6	1.68	2.01	1.94	1.81	1.26	1.56	2	1.26	1.27	1.32
Price/Tangible Book Value High	1.93	1.83	2.23	1.9	1.75	2.36	2.27	2.16	1.97	1.72	1.77	2.41	1.82	1.67	1.48
Price/Tangible Book Value Low	1.26	1.44	1.73	1.58	1.41	1.27	1.75	1.6	1.48	0.99	1.3	1.67	0.97	1.03	1.06
Price/Sales	3.49	3.2	3.55	3.18	3.08	4.82	4.07	3.58	4.17	2.85	3.75	3.99	2.88	4.75	3.42
Price/Sales Average	3.23	3.44	3.36	3.11	3.2	3.53	4.13	4.1	4.07	2.66	3.69	3.65	2.55	4.17	3.25
Price/Sales High	3.76	3.75	3.82	3.5	3.49	4.97	4.67	4.58	4.42	3.64	4.19	4.39	3.68	5.47	3.64
Price/Sales Low	2.45	2.96	2.97	2.89	2.82	2.67	3.6	3.38	3.32	2.1	3.07	3.05	1.96	3.39	2.62
Price/Cash Flow	8.96	12.93	5.96	7.83	9.02	16.25	10.44	8.02	19.15	26.54	5.84	7.21	8.65	18.5	9.63
Price/Cash Flow Average	8.3	13.89	5.65	7.68	9.35	11.91	10.6	9.19	18.7	24.73	5.75	6.61	7.63	16.24	9.15
Price/Cash Flow High	9.65	15.17	6.41	8.61	10.19	16.77	11.99	10.25	20.34	33.86	6.54	7.95	11.03	21.3	10.24
Price/Cash Flow Low	6.3	11.96	4.99	7.13	8.24	9	9.23	7.57	15.27	19.51	4.79	5.51	5.88	13.2	7.36
Price/Free Cash Flow Average	7.78	12.09	5.37	7.27	8.33	10.63	9.74	8.25	14.83	16.84	5.29	5.95	6.14	13.1	8.48
Price/Free Cash Flow High	9.04	13.2	6.11	8.16	9.08	14.97	11.02	9.2	16.12	23.06	6.02	7.15	8.87	17.18	9.5
Price/Free Cash Flow Low	5.9	10.4	4.75	6.75	7.34	8.04	8.48	6.8	12.11	13.29	4.41	4.96	4.73	10.65	6.82
EV/Sales Average	3.23	3.37	3.07	3.54	4.68	5.04	5.45	3.65	3.6	- -	- -	4.51	1.96	3.85	2.93
EV/Sales High	3.76	3.69	3.53	3.92	4.97	6.48	5.99	4.11	3.95	0.82	0.37	5.25	3.09	5.15	3.31
EV/Sales Low	2.45	2.89	2.68	3.32	4.3	4.18	4.92	2.94	2.86	- -	- -	3.91	1.37	3.08	2.31
EV/EBITDA Average	56.94	52.3	41.81	51.15	63.72	68.86	75.08	50.16	48.87	-2.29	-1.55	60.69	32.36	46.1	50.35
EV/EBITDA High	66.21	57.22	48.09	56.65	67.66	88.58	82.56	56.52	53.68	12.13	4.36	70.59	51.08	61.62	56.89
EV/EBITDA Low	43.17	44.84	36.43	47.97	58.56	57.1	67.73	40.49	38.82	-10.52	-8.71	52.55	22.69	36.8	39.69
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	24.29	22.46	26.84	24.54	23.04	35.65	31.86	28.43	34.51	27.31	32.46	34.91	27.88	35.37	38.95
High Price	26.14	26.35	28.88	26.99	26.04	36.79	36.58	36.32	36.64	34.84	36.31	38.47	35.58	40.73	41.43
Enterprise Value Average	1,439	1,531	1,553	1,845	2,361	2,521	2,888	1,953	1,926	-95	-71	2,420	1,157	1,755	2,014
Enterprise Value High	1,673	1,675	1,787	2,043	2,507	3,243	3,176	2,201	2,116	501	200	2,815	1,826	2,346	2,275
Enterprise Value Low	1,091	1,313	1,353	1,730	2,170	2,091	2,606	1,577	1,530	-435	-399	2,096	811	1,401	1,587

Shares Outstanding	64	65	67	67	68	68	68	66	64	63	62	61	61	61	59
Diluted Weighted Avg Shares	64	65	67	68	68	68	68	68	65	64	63	61	61	61	61
Basic Weighted Avg Shares	64	65	67	67	68	68	68	68	65	64	63	61	61	61	60
Revenue per Share	6.96	7.02	7.56	7.72	7.47	7.4	7.83	7.93	8.28	9.57	8.66	8.76	9.67	7.45	11.38
EBITDA per Share	0.39	0.45	0.56	0.53	0.55	0.54	0.57	0.58	0.61	0.65	0.73	0.65	0.59	0.62	0.66
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	1.67	1.81	1.75	1.83	1.72	1.6	1.56	2.22	2.33	2.52	2.35	1.17	2.71	3.65	3.72
Basic EPS from Cont Ops	1.67	1.81	1.75	1.83	1.72	1.6	1.56	2.22	2.33	2.52	2.35	0.99	2.51	0.74	3.72
Diluted EPS, GAAP	1.66	1.81	1.75	1.83	1.71	1.6	1.56	2.21	2.32	2.51	2.34	1.17	2.7	3.63	3.7
Diluted EPS from Cont Ops	1.66	1.81	1.75	1.83	1.71	1.6	1.56	2.21	2.32	2.51	2.34	0.99	2.5	0.74	3.7
Dividend per Share	0.93	0.93	0.93	0.93	0.93	0.93	0.93	0.92	0.93	0.93	0.93	0.93	0.93	0.93	0.97
Cash Flow per Share	2.71	1.74	4.5	3.13	2.55	2.19	3.05	3.54	1.8	1.03	5.55	4.84	3.22	1.91	4.04
Free Cash Flow per Basic Share	2.52	1.47	4.26	2.95	2.24	1.92	2.77	3.13	1.33	0.54	5.06	4.29	2.43	1.44	3.71
Cash & Equivalents per Share	41.65	44.57	37.7	39.87	38.83	39.69	38	32.83	30.55	62.19	89.31	45.24	44.84	37.04	38.98
Book Value per Share	18.94	19.86	20.11	21.04	21.8	22.48	23.2	24.17	25.87	27.45	28.25	24.47	27.21	32.17	35.95
Tangible Book Value per Share	13.51	14.37	12.95	14.18	14.88	15.57	16.11	16.79	18.6	20.21	20.51	15.98	19.57	24.4	28.06

Trustmark Corporation