Symbols / TRN Stock $31.48 -0.36% Trinity Industries, Inc.

Industrials • Railroads • United States • NYQ
TRN (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: SMA 50: SMA 200:
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Railroads
CEO Ms. E. Jean Savage
Exch · Country NYQ · United States
Market Cap 2.51B
Enterprise Value 7.94B
Income 260.30M
Sales 2.16B
FCF (ttm) -455.41M
Book/sh 13.50
Cash/sh 2.61
Employees 6,110
Insider 10d
IPO May 03, 1973
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 38.22%
P/E 10.02
Forward P/E 14.31
PEG 0.69
P/S 1.17
P/B 2.33
P/C
EV/EBITDA 11.99
EV/Sales 3.68
Quick Ratio 1.07
Current Ratio 2.09
Debt/Eq 485.74
LT Debt/Eq
EPS (ttm) 3.14
EPS next Y 2.20
EPS Growth 5.74%
Revenue Growth -2.90%
EPS Gr Q/Q 5.46%
Rev Gr Q/Q
Earnings (next) 2026-04-30
Earnings (prior) 2026-02-12
ROA 2.59%
ROE 23.20%
ROIC
Gross Margin 26.55%
Oper. Margin 13.96%
Profit Margin 11.73%
Shs Outstand 79.65M
Shs Float 79.01M
Insider Own 1.01%
Instit Own 91.65%
Short Float 6.44%
Short Ratio 4.67
Short Interest 3.06M
52W High 35.62
vs 52W High -11.64%
52W Low 22.38
vs 52W Low 40.64%
Beta 1.45
Impl. Vol. 61.55%
Rel Volume 0.08
Avg Volume 718.76K
Volume 55.75K
Target (mean) $33.50
Tgt Median $33.50
Tgt Low $33.00
Tgt High $34.00
# Analysts 2
Recom Hold
Prev Close $31.59
Price $31.48
Change -0.36%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$31.48
Low
$33.00
High
$34.00
Mean
$33.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-13 main Goldman Sachs Neutral → Neutral $33
2026-02-13 main Susquehanna Neutral → Neutral $34
2026-01-26 main Susquehanna Neutral → Neutral $28
2025-07-29 main Susquehanna Neutral → Neutral $24
2025-04-22 main Susquehanna Neutral → Neutral $24
2025-04-17 main Goldman Sachs Neutral → Neutral $31
2025-03-03 main Susquehanna Neutral → Neutral $35
2024-11-18 init Goldman Sachs — → Neutral $39
2024-10-21 down Susquehanna Positive → Neutral $35
2024-05-02 main TD Cowen Buy → Buy $33
2024-05-02 main Susquehanna Positive → Positive $34
2024-02-23 main Susquehanna Positive → Positive $30
2023-11-03 main Stephens & Co. Equal-Weight → Equal-Weight $26
2023-10-16 up Susquehanna Neutral → Positive $32
2023-10-04 main Stephens & Co. Equal-Weight → Equal-Weight $27
2023-08-02 main Susquehanna Neutral → Neutral $29
2023-08-02 main Wells Fargo Overweight → Overweight $31
2023-05-03 main Susquehanna — → Neutral $22
2023-05-03 main Stephens & Co. — → Equal-Weight $24
2023-05-03 main Wells Fargo — → Overweight $27
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-02 SAVAGE JEAN Chief Executive Officer 130,000 $0.00 $0
2025-06-12 SAVAGE JEAN Chief Executive Officer 165,222 $0.00 $0
2025-05-15 MACLIN SAMUEL TODD Director 5,121 $0.00 $0
2025-05-15 DIEZ JOHN J Director 5,121 $0.00 $0
2025-05-15 SAVAGE JEAN Chief Executive Officer 208,214 $0.00 $0
2025-05-15 SAVAGE JEAN Chief Executive Officer 208,214 $0.00 $0
2025-05-15 MARCHETTO ERIC R Chief Financial Officer 56,070 $0.00 $0
2025-05-15 AINSWORTH WILLIAM P. Director 5,121 $0.00 $0
2025-05-15 ECHOLS LELDON E Director 7,904 $0.00 $0
2025-05-15 MITCHELL GREGORY B Officer 26,687 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
2,156.90
-29.95%
3,079.20
+3.21%
2,983.30
+50.88%
1,977.30
Operating Revenue
2,156.90
-29.95%
3,079.20
+3.21%
2,983.30
+50.88%
1,977.30
Cost Of Revenue
1,584.20
-34.29%
2,411.00
-1.84%
2,456.20
+52.60%
1,609.60
Reconciled Cost Of Revenue
1,584.20
-34.29%
2,411.00
-1.84%
2,456.20
+52.60%
1,609.60
Gross Profit
572.70
-14.29%
668.20
+26.77%
527.10
+43.35%
367.70
Operating Expense
214.30
-9.08%
235.70
+16.74%
201.90
+8.90%
185.40
Selling General And Administration
214.30
-9.08%
235.70
+16.74%
201.90
+8.90%
185.40
General And Administrative Expense
214.30
-9.08%
235.70
+16.74%
201.90
+8.90%
185.40
Salaries And Wages
0.00
0.00
Other Gand A
214.30
-9.08%
235.70
+16.74%
201.90
+8.90%
185.40
Total Expenses
1,798.50
-32.05%
2,646.70
-0.43%
2,658.10
+48.08%
1,795.00
Operating Income
358.40
-17.13%
432.50
+33.00%
325.20
+78.39%
182.30
Total Operating Income As Reported
649.20
+32.09%
491.50
+17.87%
417.00
+24.85%
334.00
EBITDA
954.70
+20.99%
789.10
+11.50%
707.70
+15.64%
612.00
Normalized EBITDA
663.90
-9.07%
730.10
+18.54%
615.90
+33.80%
460.30
Reconciled Depreciation
305.10
+3.85%
293.80
+0.20%
293.20
+6.08%
276.40
EBIT
649.60
+31.15%
495.30
+19.49%
414.50
+23.51%
335.60
Total Unusual Items
290.80
+392.88%
59.00
-35.73%
91.80
-39.49%
151.70
Total Unusual Items Excluding Goodwill
290.80
+392.88%
59.00
-35.73%
91.80
-39.49%
151.70
Special Income Charges
290.80
+392.88%
59.00
-35.73%
91.80
-39.49%
151.70
Other Special Charges
1.50
Impairment Of Capital Assets
0.00
Restructuring And Mergern Acquisition
0.00
-100.00%
4.30
+295.45%
-2.20
-320.00%
1.00
Net Income
253.10
+82.88%
138.40
+30.57%
106.00
+76.37%
60.10
Pretax Income
375.40
+69.25%
221.80
+48.86%
149.00
+17.79%
126.50
Net Non Operating Interest Income Expense
-274.20
-0.26%
-273.50
-3.01%
-265.50
-26.97%
-209.10
Interest Expense Non Operating
274.20
+0.26%
273.50
+3.01%
265.50
+26.97%
209.10
Net Interest Income
-274.20
-0.26%
-273.50
-3.01%
-265.50
-26.97%
-209.10
Interest Expense
274.20
+0.26%
273.50
+3.01%
265.50
+26.97%
209.10
Other Income Expense
291.20
+363.69%
62.80
-29.68%
89.30
-41.75%
153.30
Other Non Operating Income Expenses
0.40
-89.47%
3.80
+252.00%
-2.50
-256.25%
1.60
Gain On Sale Of Business
194.20
0.00
0.00
Tax Provision
90.90
+80.36%
50.40
+460.00%
9.00
-67.39%
27.60
Tax Rate For Calcs
0.00
+6.50%
0.00
+276.19%
0.00
-72.29%
0.00
Tax Effect Of Unusual Items
70.37
+424.91%
13.41
+141.78%
5.54
-83.23%
33.07
Net Income Including Noncontrolling Interests
277.30
+76.51%
157.10
+24.09%
126.60
+73.66%
72.90
Net Income From Continuing Operation Net Minority Interest
260.30
+70.46%
152.70
+27.89%
119.40
+38.68%
86.10
Net Income From Continuing And Discontinued Operation
253.10
+82.88%
138.40
+30.57%
106.00
+76.37%
60.10
Net Income Continuous Operations
284.50
+65.99%
171.40
+22.43%
140.00
+41.56%
98.90
Net Income Discontinuous Operations
-7.20
+49.65%
-14.30
-6.72%
-13.40
+48.46%
-26.00
Minority Interests
-24.20
-29.41%
-18.70
+9.22%
-20.60
-60.94%
-12.80
Normalized Income
39.87
-62.77%
107.11
+223.15%
33.14
+201.89%
-32.53
Net Income Common Stockholders
253.10
+82.88%
138.40
+30.57%
106.00
+76.37%
60.10
Diluted EPS
3.05
+85.98%
1.64
+29.13%
1.27
+78.87%
0.71
Basic EPS
3.13
+85.21%
1.69
+29.01%
1.31
+79.45%
0.73
Basic Average Shares
80.80
-1.34%
81.90
+0.86%
81.20
-0.85%
81.90
Diluted Average Shares
82.90
-1.54%
84.20
+0.96%
83.40
-0.95%
84.20
Diluted NI Availto Com Stockholders
253.10
+82.88%
138.40
+30.57%
106.00
+76.37%
60.10
Gain On Sale Of PPE
96.60
+52.61%
63.30
-29.35%
89.60
-41.32%
152.70
Line Item Trend 2021-12-31
Total Assets
Current Assets
Cash Cash Equivalents And Short Term Investments
Cash And Cash Equivalents
Receivables
Accounts Receivable
Gross Accounts Receivable
Allowance For Doubtful Accounts Receivable
Taxes Receivable
Inventory
Raw Materials
Work In Process
Finished Goods
Restricted Cash
Assets Held For Sale Current
0.00
Total Non Current Assets
Net PPE
Gross PPE
Accumulated Depreciation
Properties
Land And Improvements
Buildings And Improvements
Machinery Furniture Equipment
Construction In Progress
Other Properties
8,525.10
Goodwill And Other Intangible Assets
Goodwill
Other Non Current Assets
Total Liabilities Net Minority Interest
Current Liabilities
Payables And Accrued Expenses
Payables
Accounts Payable
Current Accrued Expenses
Total Non Current Liabilities Net Minority Interest
Liabilities Heldfor Sale Non Current
0.00
Long Term Debt And Capital Lease Obligation
Long Term Debt
Non Current Deferred Liabilities
Non Current Deferred Taxes Liabilities
Other Non Current Liabilities
Stockholders Equity
Common Stock Equity
Capital Stock
Common Stock
Preferred Stock
Share Issued
Ordinary Shares Number
Treasury Shares Number
11.68
Additional Paid In Capital
Retained Earnings
Gains Losses Not Affecting Retained Earnings
Treasury Stock
Minority Interest
Other Equity Adjustments
Total Equity Gross Minority Interest
Total Capitalization
Working Capital
Invested Capital
Total Debt
Net Debt
Net Tangible Assets
Tangible Book Value
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
359.70
-37.31%
573.80
+94.11%
295.60
+2409.38%
-12.80
Cash Flow From Continuing Operating Activities
366.90
-37.61%
588.10
+90.32%
309.00
+3258.70%
9.20
Cash From Discontinued Operating Activities
-7.20
+49.65%
-14.30
-6.72%
-13.40
+39.09%
-22.00
Net Income From Continuing Operations
284.50
+65.99%
171.40
+22.43%
140.00
+50.21%
93.20
Depreciation Amortization Depletion
305.10
+3.85%
293.80
+0.20%
293.20
+6.08%
276.40
Depreciation And Amortization
305.10
+3.85%
293.80
+0.20%
293.20
+6.08%
276.40
Other Non Cash Items
-181.70
-1565.32%
12.40
+926.67%
-1.50
-124.59%
6.10
Pension And Employee Benefit Expense
0.00
Stock Based Compensation
22.90
-2.97%
23.60
+3.96%
22.70
+0.89%
22.50
Asset Impairment Charge
0.00
Deferred Tax
77.50
+450.68%
-22.10
+46.75%
-41.50
-382.31%
14.70
Deferred Income Tax
77.50
+450.68%
-22.10
+46.75%
-41.50
-382.31%
14.70
Operating Gains Losses
-95.20
-61.08%
-59.10
+29.05%
-83.30
+41.63%
-142.70
Gain Loss On Sale Of PPE
-96.60
-59.41%
-60.60
+27.25%
-83.30
+42.23%
-144.20
Change In Working Capital
-46.20
-127.48%
168.10
+916.02%
-20.60
+92.11%
-261.00
Change In Receivables
-40.60
-183.92%
-14.30
+35.00%
-22.00
+76.69%
-94.40
Changes In Account Receivables
-22.00
+76.09%
-92.00
Change In Inventory
7.10
-96.59%
208.10
+479.05%
-54.90
+71.61%
-193.40
Change In Payables And Accrued Expense
-6.80
+78.34%
-31.40
-156.68%
55.40
+34.47%
41.20
Change In Accrued Expense
-32.40
-245.95%
22.20
-58.27%
53.20
+243.01%
-37.20
Change In Payable
25.60
+147.76%
-53.60
-2536.36%
2.20
-97.19%
78.40
Change In Account Payable
25.60
+147.76%
-53.60
-2536.36%
2.20
-97.19%
78.40
Change In Other Current Assets
-1.10
-222.22%
0.90
+250.00%
-0.60
+94.78%
-11.50
Change In Other Current Liabilities
-4.80
-200.00%
4.80
+220.00%
1.50
+151.72%
-2.90
Investing Cash Flow
-385.60
-79.68%
-214.60
+40.88%
-363.00
-39.24%
-260.70
Cash Flow From Continuing Investing Activities
-385.60
-79.68%
-214.60
+40.88%
-363.00
-40.70%
-258.00
Cash From Discontinued Investing Activities
0.00
0.00
+100.00%
-2.70
Net PPE Purchase And Sale
414.70
+8.76%
381.30
-5.08%
401.70
-49.45%
794.70
Sale Of PPE
414.70
+8.76%
381.30
-5.08%
401.70
-49.45%
794.70
Capital Expenditure
-794.90
-33.44%
-595.70
+16.11%
-710.10
+26.55%
-966.80
Capital Expenditure Reported
-794.90
-33.44%
-595.70
+16.11%
-710.10
+26.55%
-966.80
Net Business Purchase And Sale
11.40
+392.31%
-3.90
+93.47%
-59.70
+37.75%
-95.90
Purchase Of Business
0.00
0.00
+100.00%
-62.20
+22.64%
-80.40
Net Other Investing Changes
-16.80
-554.05%
3.70
-27.45%
5.10
-49.00%
10.00
Financing Cash Flow
-24.90
+88.68%
-219.90
-2781.71%
8.20
-96.91%
265.40
Cash Flow From Continuing Financing Activities
-24.90
+88.68%
-219.90
-2781.71%
8.20
-96.91%
265.40
Net Issuance Payments Of Debt
180.00
+324.72%
-80.10
-159.87%
133.80
-68.30%
422.10
Issuance Of Debt
1,943.70
-1.36%
1,970.40
+19.22%
1,652.70
-17.39%
2,000.60
Repayment Of Debt
-1,763.70
+13.99%
-2,050.50
-35.00%
-1,518.90
+3.78%
-1,578.50
Long Term Debt Issuance
1,943.70
-1.36%
1,970.40
+19.22%
1,652.70
-17.39%
2,000.60
Long Term Debt Payments
-1,763.70
+13.99%
-2,050.50
-35.00%
-1,518.90
+3.78%
-1,578.50
Net Long Term Debt Issuance
180.00
+324.72%
-80.10
-159.87%
133.80
-68.30%
422.10
Net Common Stock Issuance
-80.00
-169.36%
-29.70
-312.50%
-7.20
+87.48%
-57.50
Common Stock Payments
-80.00
-169.36%
-29.70
-312.50%
-7.20
+87.48%
-57.50
Common Stock Dividend Paid
-98.70
-5.90%
-93.20
-8.37%
-86.00
-11.83%
-76.90
Cash Dividends Paid
-98.70
-5.90%
-93.20
-8.37%
-86.00
-11.83%
-76.90
Repurchase Of Capital Stock
-80.00
-169.36%
-29.70
-312.50%
-7.20
+87.48%
-57.50
Net Other Financing Charges
-26.20
-55.03%
-16.90
+47.84%
-32.40
-45.29%
-22.30
Changes In Cash
-50.80
-136.47%
139.30
+335.30%
-59.20
-630.86%
-8.10
Beginning Cash Position
374.40
+59.25%
235.10
-20.12%
294.30
-2.68%
302.40
End Cash Position
323.60
-13.57%
374.40
+59.25%
235.10
-20.12%
294.30
Free Cash Flow
-435.20
-1887.21%
-21.90
+94.72%
-414.50
+57.69%
-979.60
Interest Paid Supplemental Data
272.80
+0.52%
271.40
+10.24%
246.20
+29.24%
190.50
Income Tax Paid Supplemental Data
54.60
+28.77%
42.40
+119.69%
19.30
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category