NYSE/TRN · Trinity Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.16B | $3.08B | $2.98B | $1.98B | $1.52B | $2.00B |
| Cost of Revenue | $1.58B | $2.41B | $2.46B | $1.61B | $1.16B | $1.51B |
| Gross Profit | $572.70M | $668.20M | $527.10M | $367.70M | $354.50M | $491.00M |
| R&D | - | - | - | - | - | - |
| SG&A | $214.30M | $235.70M | $201.90M | $185.40M | $179.60M | $228.40M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $305.10M | $293.80M | $293.20M | $276.40M | $265.70M | $266.00M |
| Operating Income | $649.20M | $491.50M | $417.00M | $334.00M | $256.80M | ($124.50M) |
| Interest Expense | - | - | - | - | - | $219.20M |
| Income Tax | $90.90M | $50.40M | $9.00M | $27.60M | $15.90M | ($268.40M) |
| Net Income | $253.10M | $138.40M | $106.00M | $60.10M | $182.00M | ($147.30M) |
| EPS - Basic | $3.13 | $1.69 | $1.31 | $0.73 | $1.79 | ($1.27) |
| EPS - Diluted | $3.05 | $1.64 | $1.27 | $0.71 | $1.75 | ($1.27) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $201.30M | $228.20M | $105.70M | $79.60M | $167.30M | $132.00M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $469.10M | $476.20M | $684.30M | $629.40M | $432.90M | $321.20M |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $8.42B | $8.83B | $8.91B | $8.72B | $8.24B | $8.70B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $7.28B | $7.53B | $7.63B | $7.45B | $6.94B | $6.69B |
| Stockholders' Equity | $1.08B | $1.06B | $1.04B | $1.01B | $1.03B | $1.74B |
| Retained Earnings | $1.08B | $1.05B | $1.01B | $992.60M | $1.05B | $1.77B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $359.70M | $573.80M | $295.60M | ($12.80M) | $611.80M | $651.70M |
| Investing Cash Flow | ($385.60M) | ($214.60M) | ($363.00M) | ($260.70M) | $276.30M | ($532.90M) |
| Financing Cash Flow | ($24.90M) | ($219.90M) | $8.20M | $265.40M | ($814.10M) | ($168.00M) |
| CapEx | $45.60M | $53.80M | $41.30M | $38.00M | $23.60M | $102.30M |
| Free Cash Flow | $314.10M | $520.00M | $254.30M | ($50.80M) | $588.20M | $549.40M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 26.6% | 21.7% | 17.7% | 18.6% | 23.4% | 24.6% |
| Operating margin | 30.1% | 16.0% | 14.0% | 16.9% | 16.9% | -6.2% |
| EBITDA margin | 44.2% | 25.5% | 23.8% | 30.9% | 34.5% | 7.1% |
| Net margin | 11.7% | 4.5% | 3.6% | 3.0% | 12.0% | -7.4% |
| Free cash flow margin | 14.6% | 16.9% | 8.5% | -2.6% | 38.8% | 27.5% |
| FCF / Net income | 1.24 | 3.76 | 2.40 | -0.85 | 3.23 | -3.73 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 9.9% | 7.7% | 6.8% | 9.4% | 11.8% | 11.4% |
| Effective tax rate | 26.4% | 26.7% | 7.8% | 31.5% | 8.0% | - |
| Return on assets | 3.0% | 1.6% | 1.2% | 0.7% | 2.2% | -1.7% |
| Return on equity | 23.5% | 13.1% | 10.2% | 5.9% | 17.7% | -8.5% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | -0.6x |
| Equity multiplier | 7.82 | 8.34 | 8.59 | 8.62 | 8.00 | 5.00 |
| Liabilities / Assets | 0.86 | 0.85 | 0.86 | 0.85 | 0.84 | 0.77 |
| Efficiency | ||||||
| Asset turnover | 0.26 | 0.35 | 0.33 | 0.23 | 0.18 | 0.23 |
| Inventory turnover | 3.38 | 5.06 | 3.59 | 2.56 | 2.68 | 4.70 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 108d | 72d | 102d | 143d | 136d | 78d |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -30.0% | 3.2% | 50.9% | 30.4% | -24.2% | -33.5% |
| Revenue CAGR (3y) | 2.9% | 26.6% | 14.3% | -13.0% | -21.1% | -18.3% |
| Revenue CAGR (5y) | 1.5% | 0.5% | -0.7% | -11.6% | -19.9% | -20.7% |
| Gross profit growth (YoY) | -14.3% | 26.8% | 43.4% | 3.7% | -27.8% | -23.2% |
| Operating income growth (YoY) | 32.1% | 17.9% | 24.9% | 30.1% | - | - |
| Net income growth (YoY) | 82.9% | 30.6% | 76.4% | -67.0% | - | - |
| EPS growth (YoY) | 86.0% | 29.1% | 78.9% | -59.4% | - | - |
| EPS CAGR (3y) | 62.6% | -2.1% | - | -12.8% | 17.8% | - |
| EPS CAGR (5y) | - | 8.9% | 3.5% | -30.9% | -4.9% | - |
| FCF growth (YoY) | -39.6% | 104.5% | - | - | 7.1% | 85.2% |
| FCF CAGR (5y) | -10.6% | 11.9% | -5.7% | - | -9.3% | -5.9% |
| Book value growth (YoY) | 1.7% | 2.1% | 2.4% | -1.7% | -40.8% | -14.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.63B totalRail Products Group$1.42B · 54.1%
Railcar Leasing And Services Group$1.21B · 45.9%
Product / service
$4.78B totalRail Products$1.30B · 27.2%
Railcar Leasing And Services Group$1.20B · 25.2%
Manufacturing$952.10M · 19.9%
Leasing And Management$919.10M · 19.2%
Maintenance Services Domain$247.40M · 5.2%
Parts And Components$117.00M · 2.4%
Digital Logistics Services$40.10M · 0.8%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Railroad Equipment
Comparing TRINITY INDUSTRIES INC against the 4 most active filers in the same SIC group.