Trustmark Corporation (TRMK) Key Metrics
TRMK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.61B
- Enterprise value
- $2.72B
- P/E (TTM)
- 11.4 10-yr median 13.4
- Forward P/E
- 11.9
- PEG ratio
- 2.29
- Price / sales
- 3.2 10-yr median 3.4
- Price / book
- 1.2 10-yr median 1.2
- EV / EBITDA
- — 10-yr median 4.5
- Dividend yield
- 2.23% $1.00 a year
- Beta
- 0.66
TRMK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTRMK valuation Price multiples at each fiscal year-end price.
TRMK returns How much profit the business earns on the capital it uses.
TRMK per-share figures Results divided by the shares outstanding at year-end.
TRMK financial health Debt, liquidity and how easily interest is covered.
TRMK efficiency & capital use Working capital cycle and where the cash goes.
TRMK valuation history
TRMK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TRMK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TRMK cash returned to shareholders
TRMK price vs earnings per share
TRMK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.36B | $2.17B | $1.71B | $2.14B | $2.04B | $1.74B | $2.24B | $1.92B | $2.16B | $2.42B |
| Enterprise value | $929.4M | $761.2M | $82.1M | $1.11B | −$2.91B | −$1.66B | $709.6M | $33.4M | $1.09B | $1.35B |
| P/E ratio | 10.5 | 9.7 | 10.3 | 29.8 | 13.9 | 10.9 | 14.9 | 12.9 | 20.5 | 22.3 |
| Price / sales | 2.1 | 2.6 | 2.2 | 3.7 | 3.6 | 2.7 | 3.6 | 3.2 | 3.8 | 4.6 |
| Price / book | 1.1 | 1.1 | 1.0 | 1.4 | 1.2 | 1.0 | 1.3 | 1.2 | 1.4 | 1.6 |
| Price / free cash flow | 10.5 | 24.6 | 11.5 | 8.2 | 6.4 | 50.4 | 26.1 | 9.1 | 11.5 | 18.6 |
| Price / operating cash flow | 9.7 | 18.6 | 8.7 | 7.2 | 5.9 | 26.6 | 19.2 | 8.0 | 10.5 | 16.3 |
| EV / sales | 0.8 | 0.9 | 0.1 | 1.9 | -5.1 | -2.5 | 1.1 | 0.1 | 1.9 | 2.6 |
| EV / EBITDA | 2.9 | 10.6 | 0.4 | 11.2 | — | — | 3.3 | 0.2 | 5.7 | 7.7 |
| EV / free cash flow | 4.2 | 8.6 | 0.6 | 4.2 | — | — | 8.3 | 0.2 | 5.8 | 10.4 |
| Earnings yield | 9.5% | 10.3% | 9.7% | 3.4% | 7.2% | 9.2% | 6.7% | 7.8% | 4.9% | 4.5% |
| Free cash flow yield | 9.5% | 4.1% | 8.7% | 12.2% | 15.5% | 2.0% | 3.8% | 11.0% | 8.7% | 5.4% |
| Dividend yield | 2.5% | 2.6% | 3.3% | 2.6% | 2.8% | 3.4% | 2.7% | 3.2% | 2.9% | 2.6% |
| Shareholder yield (dividends + buybacks) | 5.9% | 3.0% | 3.4% | 3.9% | 5.9% | 5.0% | 5.3% | 6.6% | 3.0% | 2.7% |
| Share price at fiscal year-end | $38.95 | $35.37 | $27.88 | $34.91 | $32.46 | $27.31 | $34.51 | $28.43 | $31.86 | $35.65 |
| Per share | ||||||||||
| Revenue per share | $18.50 | $13.54 | $12.41 | $9.50 | $9.02 | $10.21 | $9.56 | $8.89 | $8.43 | $7.75 |
| Earnings per share | $3.70 | $3.63 | $2.70 | $1.17 | $2.34 | $2.51 | $2.32 | $2.21 | $1.56 | $1.60 |
| Operating cash flow per share | $4.03 | $1.90 | $3.22 | $4.83 | $5.54 | $1.03 | $1.80 | $3.54 | $3.04 | $2.19 |
| Free cash flow per share | $3.69 | $1.44 | $2.42 | $4.27 | $5.04 | $0.54 | $1.32 | $3.12 | $2.77 | $1.92 |
| Cash per share | $42.03 | $36.81 | $44.72 | $44.97 | $87.43 | $61.97 | $30.28 | $31.95 | $37.92 | $39.60 |
| Book value per share | $35.04 | $31.97 | $27.14 | $24.29 | $27.65 | $27.36 | $25.64 | $23.52 | $23.15 | $22.43 |
| Tangible book value per share | $27.35 | $24.25 | $19.52 | $15.87 | $20.08 | $20.14 | $18.44 | $16.33 | $16.08 | $15.54 |
| Dividends per share | $0.97 | $0.93 | $0.93 | $0.92 | $0.92 | $0.92 | $0.92 | $0.92 | $0.92 | $0.92 |
| Capex per share | $0.33 | $0.47 | $0.79 | $0.55 | $0.50 | $0.48 | $0.47 | $0.41 | $0.28 | $0.27 |
| Debt per share | $18.43 | $13.84 | $18.18 | $28.07 | $8.75 | $8.64 | $6.73 | $4.01 | $22.15 | $23.94 |
| Shares outstanding | 60.5M | 61.4M | 61.2M | 61.4M | 63.0M | 63.6M | 64.8M | 67.7M | 67.9M | 67.8M |
| Change in shares outstanding | −1.4% | +0.2% | −0.3% | −2.4% | −1.1% | −1.7% | −4.3% | −0.3% | +0.2% | +0.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 11.0% | 12.3% | 10.5% | 4.4% | 8.5% | 9.4% | 9.3% | 9.5% | 6.8% | 7.2% |
| Return on invested capital (ROIC) | 36.0% | 11.6% | 67.5% | — | — | — | — | — | 22.0% | 28.0% |
| Return on assets (ROA) | 1.2% | 1.2% | 0.9% | 0.4% | 0.9% | 1.1% | 1.1% | 1.1% | 0.8% | 0.8% |
| Return on tangible assets | 1.2% | 1.3% | 0.9% | 0.4% | 0.9% | 1.0% | 1.2% | 1.2% | 0.8% | 0.8% |
| Free cash flow margin | 20.0% | 10.6% | 19.5% | 45.0% | 55.9% | 5.3% | 13.8% | 35.1% | 32.8% | 24.8% |
| Income quality (OCF / net income) | 1.09 | 0.52 | 1.19 | 4.12 | 2.37 | 0.41 | 0.77 | 1.60 | 1.96 | 1.37 |
| Financial health | ||||||||||
| Total debt | $1.12B | $849.8M | $1.11B | $1.72B | $551.0M | $549.8M | $435.6M | $271.2M | $1.50B | $1.62B |
| Cash & short-term investments | $2.54B | $2.26B | $2.74B | $2.76B | $5.51B | $3.94B | $1.96B | $2.16B | $2.57B | $2.68B |
| Net debt | −$1.43B | −$1.41B | −$1.63B | −$1.04B | −$4.95B | −$3.39B | −$1.53B | −$1.89B | −$1.07B | −$1.06B |
| Debt / equity | 0.53 | 0.43 | 0.67 | 1.16 | 0.32 | 0.32 | 0.26 | 0.17 | 0.96 | 1.07 |
| Debt / assets | 0.06 | 0.05 | 0.06 | 0.10 | 0.03 | 0.03 | 0.03 | 0.02 | 0.11 | 0.12 |
| Net debt / EBITDA | −4.39 | −19.55 | −7.71 | −10.49 | −22.40 | −14.69 | −7.16 | −8.97 | −5.55 | −6.03 |
| Current ratio | 0.73 | 0.15 | 0.17 | 0.18 | 0.36 | 0.27 | 0.17 | 0.19 | 0.21 | 0.24 |
| Quick ratio | 0.73 | 0.15 | 0.17 | 0.18 | 0.36 | 0.27 | 0.17 | 0.18 | 0.21 | 0.23 |
| Interest coverage | 0.9 | 0.1 | 3.5 | 1.3 | 7.3 | 4.5 | 2.1 | 2.6 | 3.7 | 5.7 |
| Working capital | −$936.7M | −$13.27B | −$13.32B | −$12.20B | −$9.90B | −$10.41B | −$9.60B | −$9.39B | −$9.44B | −$8.68B |
| Invested capital | $692.9M | $552.3M | $36.8M | $453.7M | −$3.21B | −$1.65B | $135.0M | −$298.7M | $501.0M | $458.3M |
| Tangible asset value | $1.66B | $1.49B | $1.20B | $974.7M | $1.26B | $1.28B | $1.19B | $1.11B | $1.09B | $1.05B |
| Net current asset value | −$14.26B | −$13.93B | −$14.32B | −$13.76B | −$10.35B | −$10.87B | −$9.88B | −$9.53B | −$9.65B | −$9.15B |
| Graham number | $54.03 | $51.12 | $40.63 | $25.29 | $38.16 | $39.34 | $36.61 | $34.21 | $28.47 | $28.41 |
| Graham net-net per share | −$235.52 | −$226.94 | −$233.90 | −$74.87 | −$42.39 | −$55.47 | −$151.33 | −$139.59 | −$140.93 | −$133.57 |
| Capital allocation | ||||||||||
| Dividends paid | $58.5M | $56.8M | $56.7M | $56.7M | $58.1M | $58.8M | $59.8M | $62.4M | $62.8M | $62.7M |
| Share buybacks (net) | $80.0M | $7.5M | $1.1M | $26.3M | $63.2M | $28.6M | $58.3M | $63.8M | $1.7M | $1.8M |
| Dividend payout ratio | 26.1% | 25.5% | 34.2% | 78.8% | 39.4% | 36.7% | 39.7% | 41.7% | 59.4% | 57.8% |
| Dividends + buybacks / free cash flow | 61.9% | 72.8% | 39.0% | 31.6% | 38.2% | 253.2% | 137.8% | 59.7% | 34.3% | 49.5% |
| Capex / revenue | 1.8% | 3.4% | 6.4% | 5.8% | 5.5% | 4.7% | 5.0% | 4.6% | 3.3% | 3.5% |
| Capex / operating cash flow | 8.3% | 24.4% | 24.7% | 11.5% | 8.9% | 47.2% | 26.4% | 11.6% | 9.1% | 12.3% |
| Capex / depreciation | 0.51 | 0.75 | 1.36 | 0.85 | 0.68 | 0.75 | 0.78 | 0.71 | 0.49 | 0.50 |
| Stock-based compensation / revenue | 0.6% | — | 0.8% | 0.8% | 1.0% | 0.8% | 0.8% | 0.6% | 0.8% | −0.0% |
| SG&A / revenue | 30.3% | 34.3% | 40.9% | 44.9% | 51.0% | 42.8% | 41.1% | 41.7% | 46.1% | 47.8% |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | — | 7,023.6 | 6,431.2 | 2,768.0 | 51.6 | 54.6 | 53.6 | 61.0 |
| Days of inventory on hand | — | — | — | 17.1 | -10,270.7 | 85.9 | 123.1 | 170.9 | 384.7 | 654.9 |
| Days payables outstanding | — | — | — | 76,956.7 | -18,462,868.5 | 53,154.6 | 43,553.2 | 48,141.4 | 75,396.8 | 91,313.9 |
| Cash conversion cycle (days) | — | — | — | -69,916.0 | 18,459,029.0 | -50,300.7 | -43,378.5 | -47,915.9 | -74,958.5 | -90,598.0 |
| Receivables turnover | — | — | — | 0.05 | 0.06 | 0.13 | 7.08 | 6.69 | 6.81 | 5.98 |
| Payables turnover | — | — | — | 0.00 | −0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Inventory turnover | — | — | — | 21.40 | −0.04 | 4.25 | 2.96 | 2.14 | 0.95 | 0.56 |
| Asset turnover | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 |
| Average receivables | — | — | — | $11.22B | $10.00B | $4.93B | $87.5M | $89.9M | $84.1M | $87.8M |
| Average payables | — | — | — | $14.76B | $14.57B | $12.65B | $11.30B | $10.97B | $10.32B | $9.82B |
| Average inventory | — | — | — | $3.3M | $8.1M | $20.4M | $32.0M | $38.9M | $52.6M | $70.4M |
| Intangibles / total assets | 2.5% | 2.6% | 2.5% | 2.9% | 2.7% | 2.8% | 3.5% | 3.7% | 3.5% | 3.5% |
Computed from TRMK's annual financial statements (latest annual report filed February 23, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TRMK valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Trustmark traded at 10.5 times earnings, against a 10-year median of 13.4. Based on the latest twelve months, the trailing P/E is 11.4 and the forward P/E is 11.9. Trustmark earned a return on equity of 11.0% and a return on invested capital of 36.0% in fiscal 2025. It ended the year with $1.1 billion of debt and $2.5 billion in cash and short-term investments, a net cash position of $1.4 billion. It returned $138.5 million to shareholders: $58.5 million in dividends and $80.0 million in share buybacks, 62% of free cash flow. The share count fell 10.7% from 67.8M to 60.5M over 9 years.
See the TRMK income statement, the TRMK chart for price history, or the TRMK stock overview for the latest quote and news.
TRMK key metrics FAQ
What is Trustmark's P/E ratio?
Trustmark's trailing P/E ratio is 11.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.9. At the end of fiscal 2025 it was 10.5, compared with a 10-year median of 13.4.
What is Trustmark's EV/EBITDA?
Trustmark's enterprise value was 2.9 times EBITDA at the end of fiscal 2025 (enterprise value $929.4 million, EBITDA $325.7 million).
What is Trustmark's return on equity?
Trustmark's return on equity (ROE) was 11.0% in fiscal 2025: net income of $224.1 million on average shareholders' equity of $2.0 billion.
What is Trustmark's ROIC?
Trustmark's return on invested capital was 36.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Trustmark have?
Trustmark had total debt of $1.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.53 and more cash than debt.
What is Trustmark's dividend yield?
Trustmark's forward dividend yield is 2.23%. Trustmark paid $58.5 million in dividends in fiscal 2025 ($0.97 per share), a payout ratio of 26.1%.
Does Trustmark buy back its shares?
Yes. Trustmark spent $80.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.4% over the year, to 60.5M..
What is Trustmark's free cash flow yield?
Trustmark generated $223.7 million of free cash flow in fiscal 2025, a free cash flow yield of 9.5% on its market value at year-end ($2.4 billion).
What is Trustmark's current ratio?
Trustmark's current ratio was 0.73 at the end of fiscal 2025: current assets were 0.73 times current liabilities.