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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $492.00M | - | $454.10M | $506.20M | $585.40M | - | $798.80M | $841.40M | $809.60M | - |
| Cost of Revenue | $363.10M | - | $312.70M | $372.80M | $443.20M | - | $629.30M | $662.40M | $644.90M | - |
| Gross Profit | $128.90M | - | $141.40M | $133.40M | $142.20M | - | $169.50M | $179.00M | $164.70M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $50.70M | - | $45.20M | $49.40M | $50.00M | - | $60.50M | $61.30M | $52.30M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $72.60M | - | $76.90M | $73.80M | $74.30M | - | - | - | $73.40M | - |
| Operating Income | $101.10M | - | $118.60M | $95.40M | $99.80M | - | $122.40M | $141.90M | $115.20M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $8.50M | - | $11.10M | $4.10M | $7.40M | - | $15.60M | $17.10M | $11.00M | - |
| Net Income | $24.20M | - | $30.30M | $14.10M | $22.10M | - | $31.40M | $54.40M | $23.70M | - |
| EPS - Basic | $0.30 | - | $0.38 | $0.17 | $0.27 | - | $0.38 | $0.66 | $0.29 | - |
| EPS - Diluted | $0.30 | - | $0.37 | $0.17 | $0.26 | - | $0.37 | $0.65 | $0.28 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $132.60M | $201.30M | $66.30M | $147.70M | $94.90M | $228.20M | $222.40M | $257.10M | $118.80M | $105.70M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $483.20M | $469.10M | $554.60M | $459.70M | $449.70M | $476.20M | $549.10M | $616.90M | $643.10M | $684.30M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $8.33B | $8.42B | $8.93B | $8.81B | $8.66B | $8.83B | $8.84B | $8.96B | $9.08B | $8.91B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $7.18B | $7.28B | $7.68B | $7.55B | $7.37B | $7.53B | $7.54B | $7.65B | $7.79B | $7.63B |
| Stockholders' Equity | $1.08B | $1.08B | $1.00B | $1.01B | $1.05B | $1.06B | $1.06B | $1.07B | $1.05B | $1.04B |
| Retained Earnings | $1.08B | $1.08B | $1.02B | $1.01B | $1.05B | $1.05B | $1.05B | $1.04B | $1.01B | $1.01B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $97.80M | - | - | - | $76.50M | - | - | - | $52.20M | - |
| Investing Cash Flow | ($70.20M) | - | - | - | ($91.60M) | - | - | - | ($124.00M) | - |
| Financing Cash Flow | ($98.60M) | - | - | - | ($124.20M) | - | - | - | $71.80M | - |
| CapEx | $6.30M | - | - | - | $9.20M | - | - | - | $4.60M | - |
| Free Cash Flow | $91.50M | - | - | - | $67.30M | - | - | - | $47.60M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 26.2% | - | 31.1% | 26.4% | 24.3% | - | 21.2% | 21.3% | 20.3% | - |
| Operating margin | 20.5% | - | 26.1% | 18.8% | 17.0% | - | 15.3% | 16.9% | 14.2% | - |
| EBITDA margin | 35.3% | - | 43.1% | 33.4% | 29.7% | - | - | - | 23.3% | - |
| Net margin | 4.9% | - | 6.7% | 2.8% | 3.8% | - | 3.9% | 6.5% | 2.9% | - |
| Free cash flow margin | 18.6% | - | - | - | 11.5% | - | - | - | 5.9% | - |
| FCF / Net income | 3.78 | - | - | - | 3.05 | - | - | - | 2.01 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 10.3% | - | 10.0% | 9.8% | 8.5% | - | 7.6% | 7.3% | 6.5% | - |
| Effective tax rate | 26.0% | - | 26.8% | 22.5% | 25.1% | - | 33.2% | 23.9% | 31.7% | - |
| Return on assets | 0.3% | - | 0.3% | 0.2% | 0.3% | - | 0.4% | 0.6% | 0.3% | - |
| Return on equity | 2.2% | - | 3.0% | 1.4% | 2.1% | - | 3.0% | 5.1% | 2.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 7.72 | 7.82 | 8.92 | 8.73 | 8.23 | 8.34 | 8.36 | 8.41 | 8.65 | 8.59 |
| Liabilities / Assets | 0.86 | 0.86 | 0.86 | 0.86 | 0.85 | 0.85 | 0.85 | 0.85 | 0.86 | 0.86 |
| Efficiency | ||||||||||
| Asset turnover | 0.06 | - | 0.05 | 0.06 | 0.07 | - | 0.09 | 0.09 | 0.09 | - |
| Inventory turnover | 0.75 | - | 0.56 | 0.81 | 0.99 | - | 1.15 | 1.07 | 1.00 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 486d | - | 647d | 450d | 370d | - | 318d | 340d | 364d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -16.0% | - | -43.2% | -39.8% | -27.7% | - | -2.7% | 16.5% | 26.2% | - |
| Revenue CAGR (3y) | -8.5% | - | -2.9% | 6.7% | 7.4% | - | 16.6% | 31.3% | 26.6% | - |
| Revenue CAGR (5y) | 4.3% | - | -0.2% | -0.1% | -1.0% | - | -0.4% | 2.7% | 6.0% | - |
| Gross profit growth (YoY) | -9.4% | - | -16.6% | -25.5% | -13.7% | - | 19.5% | 47.7% | 59.6% | - |
| Operating income growth (YoY) | 1.3% | - | -3.1% | -32.8% | -13.4% | - | 22.2% | 43.2% | 67.0% | - |
| Net income growth (YoY) | 9.5% | - | -3.5% | -74.1% | -6.8% | - | 44.0% | 220.0% | 438.6% | - |
| EPS growth (YoY) | 15.4% | - | 0.0% | -73.8% | -7.1% | - | 42.3% | 225.0% | 460.0% | - |
| EPS CAGR (3y) | 81.7% | - | 6.1% | 62.0% | - | - | 3.9% | 75.6% | 110.5% | - |
| EPS CAGR (5y) | 58.5% | - | 12.0% | - | -27.9% | - | -1.0% | 18.3% | 4.0% | - |
| FCF growth (YoY) | 36.0% | - | - | - | 41.4% | - | - | - | -48.4% | - |
| FCF CAGR (5y) | 8.4% | - | - | - | -15.9% | - | - | - | - | - |
| Book value growth (YoY) | 2.4% | 1.7% | -5.3% | -5.3% | 0.4% | 2.1% | 5.7% | 7.1% | 5.5% | 2.4% |
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%
Peer comparison
Same SIC group: Railroad Equipment
Comparing TRINITY INDUSTRIES INC against the 4 most active filers in the same SIC group.