Trinity Industries, Inc. TRN R2K

Industrials · Railroads · United States

https://www.trin.net

Trinity Industries, Inc. provides railcar products and services under the TrinityRail trade name in North America. The company operates in two segments, Railcar Leasing and Services Group, and Rail Products Group. The Railcar Leasing and Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet leasing, management, and administrative services, as well as railcar maintenance and modification services, and other railcar logistics products and services. As of December 31, 2025, it had a fleet of 101,485 railcars. This segment serves industrial shipper and railroad companies operating in refined products and chemicals, energy, agriculture, construction and metals, and consumer products. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and manufactures and sells railcars and related parts and components. This segment serves railroads, leasing companies, and industrial shippers of products in the refined products and chemicals, energy, agriculture, construction and metals, and consumer products markets. It sells or leases products and services through its own sales personnel and independent sales representatives. The company was incorporated in 1933 and is headquartered in Dallas, Texas.

Market & Price

Market Cap

$2.58B

Current Price

$32.44

High / Low (52W)

$36.64 / $22.59

Beta

1.38

Valuation

Stock P/E

10.23

Industry PE

28.38

Forward P/E

13.66

PEG Ratio

0.69

Book Value

$13.50

Price to Book

2.40

P/S

1.25

EV/EBITDA

12.20

Dividend Yield

3.82%

Profitability & Returns

ROCE

8.27%

ROE

23.07%

ROA

2.53%

Profit Margin

12.37%

Op Margin

15.89%

EPS (Latest Qtr)

$0.30

EPS (TTM)

$3.17

Balance Sheet & Liquidity

Debt/Equity

4.71

Quick Ratio

0.97

Current Ratio

2.16

Debt

$5.39B

Total Assets

$8.42B

Current Assets

$1.21B

Working Capital

$638.50M

Ownership

Promoter Holding

1.26%

Chg in Prom Hold

FII / Inst Holding

92.46%

Chg in FII Hold

-0.00%

Financial Snapshot

Enterprise Value

$7.89B

Total Revenue (TTM)

$2.06B

EBITDA

$647.10M

Free Cash Flow

$-457.02M

Operating Cash Flow

$381.00M

Shares Outstanding

79.51M

Gross Margin

27.11%

Payout Ratio

38.17%

Growth (CAGR)

Revenue 5Y

2.94%

Profit 5Y

61.49%

Revenue (YoY)

-16.00%

Earnings (YoY)

11.50%

PROS

Strong return on equity of 23.1%.
Profit CAGR of 61.5% over 5 years.
Attractive dividend yield of 3.82%.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	TRN Trinity Industries, Inc. R2K	32.44	10.23	$2.58B	3.82%	8.27%	23.07%	2.94%	61.49%
2	CAT Caterpillar Inc. SPX	875.87	43.66	$403.42B	0.69%	19.42%	51.33%	4.38%	9.83%
3	GE GE Aerospace SPX	323.76	40.17	$338.27B	0.58%	11.89%	45.43%	16.32%	195.89%
4	GEV GE Vernova Inc. SPXAI	968.32	28.33	$260.21B	0.21%	6.30%	75.71%	8.68%	92.84%
5	RTX RTX Corporation SPX	179.66	33.64	$241.95B	1.54%	9.41%	11.57%	9.72%	9.01%
6	UNP Union Pacific Corporation SPX	262.64	21.60	$155.93B	2.10%	16.19%	40.69%	-0.49%	0.66%
7	ETN Eaton Corporation plc SPXAI	400.60	39.20	$155.55B	1.10%	16.23%	20.84%	9.77%	18.41%
8	HON Honeywell International Inc. NDXSPX	237.86	38.00	$150.72B	2.00%	13.57%	24.26%	1.82%	-1.62%
9	DE Deere & Company SPX	542.18	30.67	$146.45B	1.20%	12.82%	18.35%	-4.50%	-11.00%

Quarterly Results

Figures in USD.

Metric	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	530.60M	595.70M	655.70M	615.40M	533.20M	634.00M	606.90M	735.00M	604.80M	736.00M	813.60M	850.70M	553.30M	439.90M	396.80M	359.70M	330.70M	293.30M	419.80M	472.20M	472.70M	416.80M	496.60M	591.20M	641.70M	722.40M	821.30M	797.90M	809.60M	841.40M	-	-	585.40M	506.20M	454.10M	611.20M	492.00M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	443.20M	372.80M	312.70M	455.50M	363.10M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	142.20M	133.40M	141.40M	155.70M	128.90M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50.00M	49.40M	45.20M	69.70M	50.70M
Operating Income	191.60M	183.60M	163.60M	64.60M	83.10M	105.10M	115.50M	62.10M	88.00M	75.20M	89.80M	91.80M	107.00M	120.30M	97.20M	67.30M	-316.30M	64.00M	30.40M	51.50M	57.80M	78.30M	69.20M	54.80M	73.00M	92.70M	113.50M	69.00M	99.10M	100.20M	148.70M	115.20M	141.90M	-	-	92.20M	84.00M	96.20M	86.00M	78.20M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	176.80M	168.90M	194.90M	414.10M	173.10M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66.10M	67.70M	69.80M	70.60M	65.40M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36.40M	26.00M	48.20M	264.80M	35.10M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7.40M	4.10M	11.10M	68.30M	8.50M
Net Income	94.60M	84.20M	67.60M	46.00M	51.10M	66.90M	538.50M	40.20M	64.10M	27.70M	27.30M	30.60M	36.40M	49.00M	21.60M	161.70M	-206.90M	25.10M	-127.20M	3.30M	12.70M	32.00M	134.00M	-700.00K	3.70M	25.80M	31.30M	4.40M	17.00M	21.80M	62.80M	23.70M	54.40M	-	-	22.10M	14.10M	30.30M	186.60M	24.20M
Diluted EPS	0.62	0.55	0.44	0.30	0.33	0.43	3.42	0.26	0.43	0.19	0.19	0.23	0.28	0.39	0.17	1.33	-1.76	0.21	-1.13	0.03	0.12	0.33	1.37	-0.01	0.04	0.31	0.38	0.05	0.20	0.26	0.75	0.28	0.65	-	-	0.26	0.17	0.37	2.28	0.30

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	-	3.09B	2.40B	2.51B	2.75B	1.75B	-	1.98B	2.98B	3.08B	2.16B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.61B	2.46B	2.41B	1.58B
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	367.70M	527.10M	668.20M	572.70M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	185.40M	201.90M	235.70M	214.30M
Operating Income	559.50M	-30.90M	294.20M	426.80M	574.80M	772.90M	1.25B	1.44B	478.90M	368.30M	315.10M	396.80M	-154.60M	-	182.30M	325.20M	432.50M	358.40M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	612.00M	707.70M	789.10M	954.70M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209.10M	265.50M	273.50M	274.20M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	126.50M	149.00M	221.80M	375.40M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27.60M	9.00M	50.40M	90.90M
Net Income	280.90M	-137.70M	67.40M	142.20M	255.20M	375.50M	678.20M	796.50M	343.60M	702.50M	159.30M	137.60M	-147.30M	-	60.10M	106.00M	138.40M	253.10M
Diluted EPS	3.45	-1.81	0.85	1.77	1.59	2.38	4.19	5.08	2.25	4.52	1.07	1.07	-1.27	-	0.71	1.27	1.64	3.05

Compounded Sales Growth

5 Years:	2.94%
1 Year:	-16.00%

Compounded Profit Growth

5 Years:	61.49%
1 Year:	11.50%

Stock Price Performance

1 Year:	+31.42%
6 Months:	+25.49%
3 Months:	-4.23%
1 Month:	+5.46%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Sep 2015	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	4.66B	5.76B	6.12B	6.67B	7.27B	8.70B	-	8.89B	9.13B	9.54B	7.99B	8.70B	8.70B	-	8.72B	8.91B	8.83B	8.42B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.25B	1.29B	1.23B	1.21B
Cash & Equivalents	289.60M	161.80M	611.80M	354.00M	351.10M	573.00M	428.50M	887.90M	786.00M	981.80M	741.60M	778.60M	179.20M	166.20M	132.00M	-	79.60M	105.70M	228.20M	201.30M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	629.40M	684.30M	476.20M	469.10M
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	323.50M	363.50M	379.10M	389.10M
Total Liabilities	-	-	2.85B	3.91B	4.17B	4.53B	4.56B	5.30B	-	4.84B	4.81B	4.69B	5.43B	6.32B	6.69B	-	7.45B	7.63B	7.53B	7.28B
Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	548.50M	607.60M	604.70M	570.80M
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.61B	5.75B	5.69B	5.44B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.61B	5.75B	5.69B	5.44B
Total Equity	-	-	-	1.76B	1.86B	2.05B	2.40B	3.00B	-	3.65B	3.92B	4.50B	2.21B	2.03B	1.74B	-	1.01B	1.04B	1.06B	1.08B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81.10M	81.80M	81.80M	79.80M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	439.60M	707.30M	170.50M	110.90M	527.40M	662.20M	819.20M	939.70M	1.09B	761.60M	379.10M	393.60M	651.70M	-	-12.80M	295.60M	573.80M	359.70M
Investing Cash Flow	-1.00B	-187.40M	-308.20M	-85.00M	-311.40M	-818.00M	-814.70M	-511.30M	-1.02B	-472.70M	-490.50M	-993.30M	-532.90M	-	-260.70M	-363.00M	-214.60M	-385.60M
Financing Cash Flow	432.80M	-69.90M	-120.10M	-28.80M	5.90M	11.30M	454.90M	-530.30M	-307.70M	-56.70M	-511.60M	526.50M	-168.00M	-	265.40M	8.20M	-219.90M	-24.90M
Capital Expenditure	-	-	-27.00M	-47.60M	-116.60M	-149.90M	-219.30M	-196.00M	-49.50M	-22.00M	-37.30M	-88.00M	-95.90M	-	-966.80M	-710.10M	-595.70M	-794.90M
Free Cash Flow	-	-	143.50M	63.30M	410.80M	512.30M	599.90M	743.70M	1.04B	739.60M	341.80M	305.60M	555.80M	-	-979.60M	-414.50M	-21.90M	-435.20M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8.10M	-59.20M	139.30M	-50.80M
Share Buybacks	58.30M	6.30M	0	0	45.20M	103.20M	36.50M	115.00M	34.70M	79.40M	506.10M	224.70M	191.30M	833.40M	51.80M	0	20.70M	71.30M

Ratios (Annual)

Figures in %.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18.6%	17.7%	21.7%	26.6%
Operating Margin %	-	-	-	-	-	-	-	-	15.5%	15.4%	12.6%	14.4%	-8.8%	-	9.2%	10.9%	14.0%	16.6%
Net Margin %	-	-	-	-	-	-	-	-	11.1%	29.3%	6.3%	5.0%	-8.4%	-	3.0%	3.6%	4.5%	11.7%
ROE %	-	-	3.8%	7.6%	12.4%	15.6%	22.6%	21.8%	8.8%	15.6%	7.2%	6.8%	-8.5%	-	5.9%	10.2%	13.1%	23.5%
ROCE %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.2%	3.9%	5.3%	4.6%

Shareholding Pattern

Insiders

1.26%

Institutions

92.46%

Public Float

93.64%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	16.33%	12.99M	$421.28M
2	Capital International Investors	6.94%	5.52M	$178.99M
3	Vanguard Portfolio Management LLC	6.67%	5.30M	$172.09M
4	Dimensional Fund Advisors LP	6.04%	4.80M	$155.75M
5	State Street Corporation	4.88%	3.88M	$125.81M
6	American Century Companies Inc	4.54%	3.61M	$116.98M
7	Vanguard Capital Management LLC	4.51%	3.58M	$116.23M
8	Jennison Associates LLC	3.07%	2.44M	$79.26M
9	Geode Capital Management, LLC	2.45%	1.94M	$63.07M
10	Morgan Stanley	2.14%	1.70M	$55.13M

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