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Trinity Industries (TRN) Financials

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$25.97 +0.61 (+2.41%)
Closing price 05/27/2025 03:59 PM Eastern
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$25.99 +0.02 (+0.08%)
As of 05/27/2025 04:31 PM Eastern
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Annual Income Statements for Trinity Industries

Annual Income Statements for Trinity Industries

This table shows Trinity Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
138 106 60 182 -147 138 790 1,439 344 797
Consolidated Net Income / (Loss)
157 127 73 182 -226 136 163 714 365 826
Net Income / (Loss) Continuing Operations
171 140 99 39 -251 122 109 610 203 826
Total Pre-Tax Income
222 149 127 55 -525 181 152 195 310 1,252
Total Operating Income
492 417 334 257 -155 397 630 737 479 1,439
Total Gross Profit
668 527 368 355 422 574 1,132 1,328 778 1,737
Total Revenue
3,079 2,983 1,977 1,516 1,750 2,752 5,009 4,878 3,090 6,393
Operating Revenue
3,079 2,983 1,977 1,516 1,750 2,752 5,009 4,878 3,090 6,393
Total Cost of Revenue
2,411 2,456 1,610 1,162 1,327 2,178 3,878 3,550 2,312 4,656
Operating Cost of Revenue
2,411 2,456 1,610 1,162 1,327 2,178 3,878 3,550 2,312 4,656
Total Operating Expenses
177 110 34 98 577 177 501 591 299 298
Selling, General & Admin Expense
236 202 185 180 190 217 593 679 314 476
Other Operating Expenses / (Income)
-57 -83 -128 -54 -17 -51 -50 - - -
Restructuring Charge
4.30 -2.20 1.00 -3.70 11 15 0.00 0.00 - -
Other Special Charges / (Income)
-6.00 -6.80 -25 -24 -2.70 -3.90 -41 -87 -15 -179
Total Other Income / (Expense), net
-270 -268 -208 -202 -370 -216 152 195 -169 -187
Interest Expense
274 266 209 203 216 215 179 184 182 195
Other Income / (Expense), net
3.80 -2.50 1.60 1.50 -154 -1.10 -311 -368 7.70 5.60
Income Tax Expense
50 9.00 28 16 -274 59 43 -415 107 426
Net Income / (Loss) Discontinued Operations
-14 -13 -26 143 24 14 54 103 162 -
Net Income / (Loss) Attributable to Noncontrolling Interest
19 21 13 -0.20 -79 -1.50 3.80 11 21 30
Basic Earnings per Share
$1.69 $1.31 $0.73 $1.79 ($1.27) $1.09 $1.09 $4.62 $2.25 $5.14
Weighted Average Basic Shares Outstanding
81.90M 81.20M 81.90M 101.50M 115.90M 125.60M 144M 148.60M 148.40M 150.20M
Diluted Earnings per Share
$1.64 $1.27 $0.71 $1.75 ($1.27) $1.07 $1.07 $4.52 $2.25 $5.08
Weighted Average Diluted Shares Outstanding
84.20M 83.40M 84.20M 103.80M 115.90M 127.30M 146.40M 152M 148.60M 152.20M
Weighted Average Basic & Diluted Shares Outstanding
81.79M 163.72M 162.25M 166.68M 110.97M 125.60M 146.10M 152.10M 152.70M 155M
Cash Dividends to Common per Share
$1.14 $1.06 $0.95 $0.86 $0.78 $0.70 $0.52 $0.50 $0.44 $0.43

Quarterly Income Statements for Trinity Industries

This table shows Trinity Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
22 29 31 54 24 63 22 17 4.40 31 26
Consolidated Net Income / (Loss)
27 38 36 56 27 68 24 21 14 36 26
Net Income / (Loss) Continuing Operations
29 41 41 58 32 73 26 24 17 43 30
Total Pre-Tax Income
36 48 56 75 43 81 32 31 5.30 53 38
Total Operating Income
100 112 122 142 115 149 100 99 69 114 93
Total Gross Profit
142 155 170 179 165 161 142 121 103 101 101
Total Revenue
585 629 799 841 810 798 821 722 642 591 497
Operating Revenue
585 629 799 841 810 798 821 722 642 591 497
Total Cost of Revenue
443 474 629 662 645 637 680 601 539 490 395
Operating Cost of Revenue
443 474 629 662 645 637 680 601 539 490 395
Total Operating Expenses
42 43 47 37 50 12 42 22 34 -0.70 8.60
Selling, General & Admin Expense
50 62 61 61 52 49 49 54 50 48 48
Other Operating Expenses / (Income)
-5.90 -21 -11 -23 -2.10 -36 -3.10 -30 -14 -49 -39
Other Special Charges / (Income)
-1.70 -1.80 -2.00 -1.50 -0.70 - -4.40 -0.60 -1.80 - -
Total Other Income / (Expense), net
-63 -65 -66 -67 -73 -68 -68 -68 -64 -61 -54
Interest Expense
66 67 67 70 69 68 69 67 62 59 55
Other Income / (Expense), net
2.70 2.40 1.40 3.40 -3.40 -0.50 0.90 -1.30 -1.60 -1.10 0.60
Income Tax Expense
7.40 6.70 16 17 11 7.10 6.00 7.40 -12 10 8.60
Net Income / (Loss) Discontinued Operations
-1.90 -3.00 -5.30 -1.70 -4.30 -5.30 -2.70 -2.30 -3.10 -6.60 -3.40
Net Income / (Loss) Attributable to Noncontrolling Interest
5.00 8.90 4.10 2.00 3.70 5.30 1.80 4.20 9.30 4.90 0.50
Basic Earnings per Share
$0.27 $0.36 $0.38 $0.66 $0.29 $0.78 $0.27 $0.21 $0.05 $0.38 $0.32
Weighted Average Basic Shares Outstanding
81.60M 81.90M 82.20M 82.40M 81.60M 81.20M 81.60M 81.20M 80.80M 81.90M 81.70M
Diluted Earnings per Share
$0.26 $0.34 $0.37 $0.65 $0.28 $0.76 $0.26 $0.20 $0.05 $0.37 $0.31
Weighted Average Diluted Shares Outstanding
83.80M 84.20M 84.10M 84.10M 83.50M 83.40M 83.50M 83.40M 83.20M 84.20M 83.30M
Weighted Average Basic & Diluted Shares Outstanding
81.61M 81.79M 82.16M 82.45M 81.84M 163.72M 81.87M 81.85M 81.15M 162.25M 81.40M

Annual Cash Flow Statements for Trinity Industries

This table details how cash moves in and out of Trinity Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
139 -59 -8.10 74 -49 -73 -623 232 -240 -102
Net Cash From Operating Activities
574 296 -13 612 652 394 379 762 1,090 940
Net Cash From Continuing Operating Activities
588 309 9.20 616 622 365 274 610 838 940
Net Income / (Loss) Continuing Operations
171 140 93 171 -251 122 109 610 203 826
Consolidated Net Income / (Loss)
157 127 73 182 -226 136 163 714 365 826
Net Income / (Loss) Discontinued Operations
-14 -13 -20 11 24 14 54 103 162 -
Depreciation Expense
294 293 276 266 259 277 252 230 217 266
Amortization Expense
13 13 13 14 14 17 18 32 29 30
Non-Cash Adjustments To Reconcile Net Income
-37 -75 -127 -184 561 -20 -20 -65 11 -134
Changes in Operating Assets and Liabilities, net
146 -62 -246 350 39 -30 -85 -197 377 -49
Net Cash From Discontinued Operating Activities
-14 -13 -22 -3.80 30 28 105 152 253 -
Net Cash From Investing Activities
-215 -363 -261 276 -533 -993 -491 -473 -1,023 -511
Net Cash From Continuing Investing Activities
-215 -363 -258 -83 -527 -985 -412 -346 -943 -511
Purchase of Property, Plant & Equipment
-596 -710 -967 -571 -698 -1,210 -986 -630 -849 -1,030
Acquisitions
-3.90 -63 -96 -17 0.00 0.00 - - - -46
Sale of Property, Plant & Equipment
381 402 795 495 171 20 248 369 49 523
Other Investing Activities, net
3.70 8.70 10 374 0.00 206 6.20 0.30 6.80 0.50
Net Cash From Discontinued Investing Activities
0.00 0.00 -2.70 -5.40 -6.20 -8.80 -78 -126 -80 -
Net Cash From Financing Activities
-220 8.20 265 -814 -168 527 -512 -57 -308 -530
Net Cash From Continuing Financing Activities
-220 8.20 265 -814 -168 527 -291 -57 -308 -530
Repayment of Debt
-2,051 -1,519 -1,579 -2,316 -1,443 -1,724 -891 -375 -165 -588
Repurchase of Common Equity
-21 0.00 -52 -833 -191 -225 -506 -79 -35 -115
Payment of Dividends
-102 -118 -99 -100 -86 -84 -88 -121 -93 -104
Issuance of Debt
1,970 1,653 2,001 2,444 1,561 2,568 1,207 534 0.00 291
Other Financing Activities, net
-17 -7.20 -5.70 -9.30 -9.50 -8.20 -12 -14 -15 -14
Cash Interest Paid
271 246 191 178 206 208 159 151 151 -
Cash Income Taxes Paid
55 42 19 -436 -63 -17 4.10 -80 -66 -

Quarterly Cash Flow Statements for Trinity Industries

This table details how cash moves in and out of Trinity Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-139 42 -32 129 0.00 -32 -30 34 -31 56 -68
Net Cash From Operating Activities
77 202 79 242 52 88 73 36 99 55 5.30
Net Cash From Continuing Operating Activities
78 205 84 243 57 93 76 38 103 62 8.70
Net Income / (Loss) Continuing Operations
29 41 41 58 32 73 26 24 17 43 30
Consolidated Net Income / (Loss)
27 38 36 56 27 68 24 21 14 36 26
Net Income / (Loss) Discontinued Operations
-1.90 -3.00 -5.30 -1.70 -4.30 -5.30 -2.70 -2.30 -3.10 -6.60 -3.40
Depreciation Expense
74 74 73 74 73 73 73 73 74 70 70
Amortization Expense
3.40 3.60 3.10 3.30 3.40 3.60 3.40 3.10 2.60 3.00 3.00
Non-Cash Adjustments To Reconcile Net Income
-2.70 -11 -11 -17 2.40 -35 -2.10 -27 -11 -55 -35
Changes in Operating Assets and Liabilities, net
-26 98 -22 125 -54 -23 -25 -35 21 0.80 -59
Net Cash From Discontinued Operating Activities
-1.90 -3.00 -5.30 -1.70 -4.30 -5.30 -2.70 -2.30 -3.10 -6.60 -3.40
Net Cash From Investing Activities
-92 -109 -49 68 -124 -47 -24 -89 -203 -72 12
Net Cash From Continuing Investing Activities
-92 -109 -49 68 -124 -47 -24 -89 -203 -72 12
Purchase of Property, Plant & Equipment
-129 -223 -124 -97 -152 -197 -92 -222 -199 -250 -284
Sale of Property, Plant & Equipment
4.10 366 7.50 4.10 3.90 389 4.60 3.50 4.90 762 9.40
Other Investing Activities, net
34 -252 69 163 24 -242 64 129 58 -512 302
Net Cash From Financing Activities
-124 -50 -61 -181 72 -73 -79 87 72 72 -86
Net Cash From Continuing Financing Activities
-124 -50 -61 -181 72 -73 -79 87 72 72 -86
Repayment of Debt
-77 -220 -71 -956 -804 -240 -244 -886 -150 -227 -518
Repurchase of Common Equity
-8.20 -14 -6.00 - - - - - - -15 -14
Payment of Dividends
-30 -25 -25 -27 -26 -41 -25 -28 -24 -22 -23
Issuance of Debt
0.00 208 40 812 910 208 190 1,008 246 336 470
Other Financing Activities, net
-8.30 -0.30 0.40 -8.80 -8.30 -0.30 -0.10 -6.50 -0.30 -0.10 -0.10

Annual Balance Sheets for Trinity Industries

This table presents Trinity Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
8,832 8,907 8,724 7,001 8,702 8,701 7,989 9,543 9,125 8,886
Total Current Assets
1,230 1,283 1,247 0.00 678 971 1,152 3,259 1,786 2,295
Cash & Equivalents
228 106 80 - 132 166 179 779 563 786
Restricted Cash
146 129 215 - 96 111 172 195 178 196
Accounts Receivable
379 364 324 - 164 260 277 204 379 370
Inventories, net
476 684 629 - 285 433 525 403 666 943
Plant, Property, & Equipment, net
6,988 7,005 6,887 6,847 6,969 7,111 6,334 5,558 5,967 5,348
Plant, Property & Equipment, gross
9,751 9,540 9,273 - 9,087 9,273 8,253 7,331 7,981 7,145
Accumulated Depreciation
2,763 2,535 2,386 - 2,118 2,162 1,919 1,773 2,014 1,797
Total Noncurrent Assets
614 619 590 154 1,055 620 503 726 1,372 1,243
Goodwill
222 222 196 154 147 209 209 209 754 754
Noncurrent Deferred & Refundable Income Taxes
2.40 5.20 7.80 - 446 15 40 - 102 95
Other Noncurrent Operating Assets
391 392 387 - 284 396 254 517 516 394
Total Liabilities & Shareholders' Equity
8,832 8,907 8,724 8,236 8,702 8,701 7,989 9,543 9,125 8,886
Total Liabilities
7,525 7,631 7,455 6,939 6,686 6,323 5,427 4,685 4,814 4,837
Total Current Liabilities
605 608 549 0.00 456 546 580 441 582 746
Accounts Payable
252 305 288 - 146 204 212 120 156 217
Accrued Expenses
353 302 261 - 310 342 368 322 426 530
Total Noncurrent Liabilities
6,920 7,023 6,906 0.00 6,230 5,777 4,847 4,244 4,232 4,091
Long-Term Debt
5,691 5,754 5,608 - 5,017 4,882 4,029 3,242 3,057 3,195
Noncurrent Deferred & Payable Income Tax Liabilities
1,076 1,104 1,135 - 1,048 798 743 728 1,073 752
Other Noncurrent Operating Liabilities
154 166 164 - 147 96 57 253 79 116
Total Equity & Noncontrolling Interests
1,307 1,276 1,270 1,297 2,016 2,379 2,562 4,858 4,311 4,049
Total Preferred & Common Equity
1,059 1,037 1,012 1,030 1,739 2,030 2,211 4,501 3,919 3,654
Preferred Stock
0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,059 1,037 1,012 1,030 1,739 2,030 2,211 4,501 3,919 3,654
Common Stock
9.60 16 0.80 0.80 1.10 1.20 2.50 484 536 550
Retained Earnings
1,054 1,011 993 1,047 1,769 2,183 2,326 4,123 3,497 3,220
Treasury Stock
-0.60 -0.60 -0.70 - -0.80 -0.90 -1.00 -1.60 -1.50 -1.00
Accumulated Other Comprehensive Income / (Loss)
-4.20 11 20 -17 -31 -153 -117 -105 -114 -115
Noncontrolling Interest
248 238 257 267 277 349 351 357 393 395

Quarterly Balance Sheets for Trinity Industries

This table presents Trinity Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
8,665 8,843 8,958 9,080 8,973 9,022 8,839 8,599
Total Current Assets
1,054 1,295 1,379 1,362 1,339 1,334 1,229 1,205
Cash & Equivalents
95 222 257 119 114 92 82 59
Restricted Cash
140 110 107 116 153 205 181 180
Accounts Receivable
369 414 398 484 393 416 333 280
Inventories, net
450 549 617 643 679 622 633 687
Plant, Property, & Equipment, net
7,015 6,929 6,942 7,060 6,991 7,029 6,977 6,894
Plant, Property & Equipment, gross
9,848 9,643 9,593 9,658 9,482 9,462 9,416 9,245
Accumulated Depreciation
2,832 2,714 2,651 2,599 2,491 2,432 2,439 2,351
Total Noncurrent Assets
596 619 637 658 643 658 634 500
Goodwill
222 222 222 222 223 222 222 160
Noncurrent Deferred & Refundable Income Taxes
2.50 5.00 4.60 4.90 7.90 15 10 11
Other Noncurrent Operating Assets
372 393 411 432 413 421 401 329
Total Liabilities & Shareholders' Equity
8,665 8,843 8,958 9,080 8,973 9,022 8,839 8,599
Total Liabilities
7,365 7,544 7,654 7,791 7,720 7,773 7,589 7,338
Total Current Liabilities
537 596 669 664 654 641 588 576
Accounts Payable
255 270 315 336 326 331 315 287
Accrued Expenses
282 326 354 328 328 311 274 289
Total Noncurrent Liabilities
6,828 6,948 6,985 7,127 7,066 7,132 7,001 6,763
Long-Term Debt
5,616 5,700 5,727 5,867 5,782 5,833 5,708 5,494
Noncurrent Deferred & Payable Income Tax Liabilities
1,070 1,097 1,104 1,104 1,122 1,139 1,133 1,129
Other Noncurrent Operating Liabilities
142 152 153 156 162 160 160 140
Total Equity & Noncontrolling Interests
1,300 1,299 1,304 1,289 1,253 1,249 1,250 1,261
Total Preferred & Common Equity
1,053 1,057 1,066 1,049 1,001 995 994 1,006
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,055 1,059 1,067 1,051 1,002 996 996 1,007
Common Stock
15 24 17 21 13 6.70 7.40 6.90
Retained Earnings
1,052 1,050 1,042 1,011 971 971 976 998
Treasury Stock
-9.10 -7.40 -0.60 -1.00 -1.00 -0.70 -1.50 -15
Accumulated Other Comprehensive Income / (Loss)
-4.20 -9.60 7.40 18 18 18 13 16
Other Equity Adjustments
1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50
Noncontrolling Interest
247 241 239 239 253 254 256 255

Annual Metrics And Ratios for Trinity Industries

This table displays calculated financial ratios and metrics derived from Trinity Industries' official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
3.21% 50.88% 30.43% -13.36% -36.43% -45.05% 2.68% 57.88% -51.67% 3.61%
EBITDA Growth
11.40% 15.23% 16.27% 1,577.20% -105.28% 16.96% -6.58% -13.91% -57.93% 13.72%
EBIT Growth
19.49% 23.51% 29.93% 183.70% -177.99% 24.04% -13.55% -24.17% -66.31% 15.04%
NOPAT Growth
-3.06% 50.05% 42.82% 268.94% -140.38% -40.85% -80.30% 632.78% -66.93% 13.84%
Net Income Growth
24.09% 73.66% -59.90% 180.37% -266.20% -16.55% -77.14% 95.67% -55.85% 16.45%
EPS Growth
29.13% 78.87% -59.43% 237.80% -218.69% 0.00% -76.33% 95.67% -55.85% 21.24%
Operating Cash Flow Growth
94.11% 2,409.38% -102.09% -6.12% 65.57% 3.82% -50.22% -30.14% 16.02% 14.71%
Free Cash Flow Firm Growth
205.76% -73.49% 491.16% -175.38% 150.40% -46.22% -109.04% 7,569.36% -109.53% 1,051.84%
Invested Capital Growth
-2.52% 3.22% -5.97% 5.37% -4.85% 11.59% 13.94% -17.40% 5.73% 7.96%
Revenue Q/Q Growth
-5.19% 7.44% 29.44% 0.00% 0.00% 0.00% 0.00% 106.56% -38.59% -1.76%
EBITDA Q/Q Growth
-4.01% 5.77% -1.17% 107.61% -112.94% 136.25% 172.69% 11.91% -41.45% 4.54%
EBIT Q/Q Growth
-6.39% 9.45% -3.48% 1,833.56% 0.00% 0.00% 0.00% 21.10% -48.42% 5.97%
NOPAT Q/Q Growth
-10.19% 13.97% 12.09% 34.36% 0.00% 0.00% 0.00% 1,044.59% -48.12% 5.98%
Net Income Q/Q Growth
-16.17% 33.69% -58.70% 314.89% 0.00% 0.00% 0.00% 187.97% -26.25% 7.51%
EPS Q/Q Growth
-20.39% 44.32% 0.00% 0.00% 0.00% 0.00% 0.00% 187.97% -26.25% 3.67%
Operating Cash Flow Q/Q Growth
24.71% 12.44% -110.98% -1.69% -5.03% 76.34% -36.10% -3.14% -1.03% -15.87%
Free Cash Flow Firm Q/Q Growth
4.66% 98.41% 369.61% -133.72% 87.91% -204.30% 59.45% 1,293.19% -119.00% -24.99%
Invested Capital Q/Q Growth
-0.63% 0.38% 1.03% 8.92% -2.38% 0.78% -15.06% -16.74% 0.08% 0.11%
Profitability Metrics
- - - - - - - - - -
Gross Margin
21.70% 17.67% 18.60% 23.38% 24.14% 20.85% 22.59% 27.22% 25.17% 27.16%
EBITDA Margin
26.06% 24.15% 31.62% 35.47% -2.08% 25.03% 11.76% 12.92% 23.70% 27.23%
Operating Margin
15.96% 13.98% 16.89% 16.94% -8.84% 14.42% 12.58% 15.10% 15.50% 22.51%
EBIT Margin
16.09% 13.89% 16.97% 17.04% -17.64% 14.38% 6.37% 7.56% 15.75% 22.60%
Profit (Net Income) Margin
5.10% 4.24% 3.69% 11.99% -12.93% 4.94% 3.26% 14.63% 11.80% 12.92%
Tax Burden Percent
70.83% 84.97% 57.63% 329.35% 43.12% 75.11% 107.59% 365.20% 117.65% 65.97%
Interest Burden Percent
44.78% 35.95% 37.69% 21.37% 169.99% 45.79% 47.52% 52.95% 63.71% 86.67%
Effective Tax Rate
22.72% 6.04% 21.82% 28.80% 0.00% 32.45% 28.10% -212.28% 34.45% 34.03%
Return on Invested Capital (ROIC)
5.66% 5.86% 3.84% 2.68% -1.59% 4.05% 7.71% 37.89% 4.85% 15.67%
ROIC Less NNEP Spread (ROIC-NNEP)
1.55% 0.96% 0.43% 2.66% -4.14% 0.87% -5.68% -68.85% 7.07% 10.39%
Return on Net Nonoperating Assets (RNNOA)
6.50% 4.09% 1.84% 8.30% -8.71% 1.46% -3.32% -22.32% 3.87% 6.51%
Return on Equity (ROE)
12.17% 9.95% 5.68% 10.98% -10.29% 5.51% 4.40% 15.57% 8.73% 22.19%
Cash Return on Invested Capital (CROIC)
8.21% 2.69% 10.00% -2.55% 3.38% -6.90% -5.32% 56.95% -0.72% 8.02%
Operating Return on Assets (OROA)
5.58% 4.70% 4.27% 3.29% -3.55% 4.74% 3.64% 3.95% 5.40% 16.43%
Return on Assets (ROA)
1.77% 1.44% 0.93% 2.32% -2.60% 1.63% 1.86% 7.65% 4.05% 9.40%
Return on Common Equity (ROCE)
9.87% 8.01% 4.52% 9.17% -8.83% 4.73% 3.98% 14.29% 7.90% 19.81%
Return on Equity Simple (ROE_SIMPLE)
14.84% 12.21% 7.20% 17.65% -13.01% 6.70% 7.38% 15.85% 9.31% 22.61%
Net Operating Profit after Tax (NOPAT)
380 392 261 183 -108 268 453 2,300 314 949
NOPAT Margin
12.33% 13.13% 13.21% 12.06% -6.19% 9.74% 9.05% 47.15% 10.16% 14.85%
Net Nonoperating Expense Percent (NNEP)
4.11% 4.90% 3.42% 0.02% 2.56% 3.18% 13.39% 106.74% -2.22% 5.28%
Return On Investment Capital (ROIC_SIMPLE)
5.43% 5.57% 3.80% - - - - - - -
Cost of Revenue to Revenue
78.30% 82.33% 81.40% 76.62% 75.86% 79.15% 77.41% 72.78% 74.83% 72.84%
SG&A Expenses to Revenue
7.65% 6.77% 9.38% 11.85% 10.84% 7.88% 11.84% 13.91% 10.16% 7.45%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
5.74% 3.69% 1.70% 6.44% 32.97% 6.44% 10.01% 12.12% 9.67% 4.66%
Earnings before Interest and Taxes (EBIT)
495 415 336 258 -309 396 319 369 487 1,445
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
803 720 625 538 -36 689 589 631 732 1,741
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.70 2.00 2.18 2.56 1.51 1.12 1.49 1.01 0.85 0.77
Price to Tangible Book Value (P/TBV)
3.42 2.55 2.70 3.01 1.65 1.25 1.65 1.06 1.05 0.97
Price to Revenue (P/Rev)
0.93 0.70 1.11 1.74 1.50 0.83 0.66 0.93 1.08 0.44
Price to Earnings (P/E)
20.67 19.60 36.67 14.50 0.00 16.55 4.18 3.16 9.67 3.55
Dividend Yield
3.22% 4.10% 3.40% 3.10% 3.31% 3.45% 0.00% 1.60% 2.02% 2.27%
Earnings Yield
4.84% 5.10% 2.73% 6.90% 0.00% 6.04% 23.93% 31.67% 10.34% 28.18%
Enterprise Value to Invested Capital (EV/IC)
1.27 1.15 1.18 0.42 1.16 1.04 1.17 1.31 0.91 0.86
Enterprise Value to Revenue (EV/Rev)
2.74 2.63 3.93 1.92 4.39 2.63 1.46 1.47 1.95 0.85
Enterprise Value to EBITDA (EV/EBITDA)
10.50 10.88 12.43 5.40 0.00 10.49 12.44 11.37 8.23 3.12
Enterprise Value to EBIT (EV/EBIT)
17.01 18.90 23.16 11.25 0.00 18.27 22.97 19.43 12.39 3.76
Enterprise Value to NOPAT (EV/NOPAT)
22.18 20.00 29.77 15.89 0.00 26.97 16.17 3.12 19.21 5.73
Enterprise Value to Operating Cash Flow (EV/OCF)
14.68 26.51 0.00 4.75 11.80 18.37 19.33 9.41 5.53 5.78
Enterprise Value to Free Cash Flow (EV/FCFF)
15.30 43.50 11.44 0.00 33.38 0.00 0.00 2.07 0.00 11.19
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
4.35 4.51 4.42 0.00 2.49 2.05 1.57 0.67 0.71 0.79
Long-Term Debt to Equity
4.35 4.51 4.42 0.00 2.49 2.05 1.57 0.67 0.71 0.79
Financial Leverage
4.20 4.26 4.29 3.12 2.10 1.68 0.58 0.32 0.55 0.63
Leverage Ratio
6.87 6.93 6.13 4.74 3.96 3.38 2.36 2.04 2.15 2.36
Compound Leverage Factor
3.08 2.49 2.31 1.01 6.73 1.55 1.12 1.08 1.37 2.05
Debt to Total Capital
81.32% 81.86% 81.54% 0.00% 71.34% 67.24% 61.13% 40.02% 41.49% 44.11%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
81.32% 81.86% 81.54% 0.00% 71.34% 67.24% 61.13% 40.02% 41.49% 44.11%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
3.55% 3.39% 3.74% 20.59% 3.94% 4.80% 5.33% 4.41% 5.33% 5.45%
Common Equity to Total Capital
15.13% 14.75% 14.72% 79.46% 24.72% 27.96% 33.54% 55.57% 53.18% 50.44%
Debt to EBITDA
7.09 7.99 8.97 0.00 -137.83 7.09 6.84 5.14 4.17 1.84
Net Debt to EBITDA
6.62 7.66 8.50 0.00 -131.55 6.68 6.25 3.60 3.16 1.27
Long-Term Debt to EBITDA
7.09 7.99 8.97 0.00 -137.83 7.09 6.84 5.14 4.17 1.84
Debt to NOPAT
14.98 14.69 21.47 0.00 -46.36 18.21 8.89 1.41 9.74 3.37
Net Debt to NOPAT
14.00 14.09 20.35 0.00 -44.25 17.18 8.12 0.99 7.37 2.33
Long-Term Debt to NOPAT
14.98 14.69 21.47 0.00 -46.36 18.21 8.89 1.41 9.74 3.37
Altman Z-Score
1.01 0.90 0.79 0.78 0.63 1.09 1.62 2.18 1.62 2.32
Noncontrolling Interest Sharing Ratio
18.84% 19.47% 20.40% 16.41% 14.24% 14.17% 9.54% 8.17% 9.42% 10.69%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.03 2.11 2.27 0.00 1.49 1.78 1.99 7.38 3.07 3.07
Quick Ratio
1.00 0.77 0.73 0.00 0.65 0.78 0.79 2.23 1.62 1.55
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
551 180 679 -174 230 -457 -313 3,457 -46 486
Operating Cash Flow to CapEx
267.63% 95.85% -7.44% 805.00% 123.73% 33.07% 51.37% 290.91% 136.29% 185.35%
Free Cash Flow to Firm to Interest Expense
2.01 0.68 3.25 -0.86 1.07 -2.13 -1.74 18.79 -0.25 2.49
Operating Cash Flow to Interest Expense
2.10 1.11 -0.06 3.01 3.02 1.84 2.11 4.14 5.99 4.83
Operating Cash Flow Less CapEx to Interest Expense
1.31 -0.05 -0.88 2.64 0.58 -3.71 -2.00 2.72 1.60 2.22
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.35 0.34 0.25 0.19 0.20 0.33 0.57 0.52 0.34 0.73
Accounts Receivable Turnover
8.29 8.69 0.00 0.00 8.24 10.26 20.83 16.73 8.25 16.49
Inventory Turnover
4.16 3.74 0.00 0.00 3.69 4.55 8.36 6.65 2.87 4.63
Fixed Asset Turnover
0.44 0.43 0.29 0.22 0.25 0.41 0.84 0.85 0.55 1.25
Accounts Payable Turnover
8.66 8.29 0.00 0.00 7.59 10.47 23.39 25.76 12.40 18.18
Days Sales Outstanding (DSO)
44.01 42.03 0.00 0.00 44.28 35.59 17.52 21.81 44.22 22.13
Days Inventory Outstanding (DIO)
87.84 97.61 0.00 0.00 98.80 80.27 43.65 54.93 127.00 78.84
Days Payable Outstanding (DPO)
42.16 44.05 0.00 0.00 48.12 34.85 15.61 14.17 29.44 20.08
Cash Conversion Cycle (CCC)
89.69 95.59 0.00 0.00 94.95 81.00 45.57 62.58 141.78 80.90
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
6,624 6,795 6,583 7,001 6,645 6,983 6,258 5,492 6,650 6,289
Invested Capital Turnover
0.46 0.45 0.29 0.22 0.26 0.42 0.85 0.80 0.48 1.06
Increase / (Decrease) in Invested Capital
-171 212 -418 357 -339 725 766 -1,157 360 464
Enterprise Value (EV)
8,426 7,836 7,774 2,906 7,689 7,230 7,329 7,169 6,031 5,435
Market Capitalization
2,861 2,078 2,204 2,639 2,623 2,277 3,299 4,544 3,323 2,827
Book Value per Share
$12.89 $12.67 $12.44 $10.58 $15.23 $16.55 $15.11 $29.65 $25.74 $23.90
Tangible Book Value per Share
$10.19 $9.96 $10.03 $9.00 $13.94 $14.85 $13.68 $28.28 $20.78 $18.97
Total Capital
6,998 7,030 6,877 1,297 7,033 7,261 6,591 8,100 7,368 7,244
Total Debt
5,691 5,754 5,608 0.00 5,017 4,882 4,029 3,242 3,057 3,195
Total Long-Term Debt
5,691 5,754 5,608 0.00 5,017 4,882 4,029 3,242 3,057 3,195
Net Debt
5,317 5,519 5,313 0.00 4,789 4,604 3,678 2,268 2,315 2,214
Capital Expenditures (CapEx)
214 308 172 76 527 1,190 738 262 800 507
Debt-free, Cash-free Net Working Capital (DFCFNWC)
251 440 404 0.00 -6.50 148 221 1,844 462 567
Debt-free Net Working Capital (DFNWC)
625 675 699 0.00 222 425 572 2,818 1,204 1,548
Net Working Capital (NWC)
625 675 699 0.00 222 425 572 2,818 1,204 1,548
Net Nonoperating Expense (NNE)
223 265 188 1.03 118 132 290 1,587 -51 123
Net Nonoperating Obligations (NNO)
5,317 5,519 5,313 5,704 4,629 4,604 3,696 634 2,339 2,241
Total Depreciation and Amortization (D&A)
307 306 290 279 272 293 270 262 246 297
Debt-free, Cash-free Net Working Capital to Revenue
8.14% 14.76% 20.45% 0.00% -0.37% 5.36% 4.41% 37.80% 14.96% 8.86%
Debt-free Net Working Capital to Revenue
20.30% 22.64% 35.34% 0.00% 12.68% 15.44% 11.41% 57.76% 38.96% 24.22%
Net Working Capital to Revenue
20.30% 22.64% 35.34% 0.00% 12.68% 15.44% 11.41% 57.76% 38.96% 24.22%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.69 $1.31 $0.00 $1.79 ($1.27) $0.00 $1.09 $3.42 $1.67 $3.81
Adjusted Weighted Average Basic Shares Outstanding
81.90M 81.20M 0.00 101.50M 115.90M 125.60M 144M 200.59M 200.32M 202.75M
Adjusted Diluted Earnings per Share
$1.64 $1.27 $0.00 $1.75 ($1.27) $0.00 $1.07 $3.35 $1.67 $3.76
Adjusted Weighted Average Diluted Shares Outstanding
84.20M 83.40M 0.00 103.80M 115.90M 125.60M 146.40M 205.18M 200.59M 205.45M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
81.79M 163.72M 0.00 166.68M 110.97M 125.60M 133.34M 203.59M 205.44M 206.34M
Normalized Net Operating Profit after Tax (NOPAT)
379 383 242 163 175 275 423 455 304 831
Normalized NOPAT Margin
12.29% 12.85% 12.25% 10.75% 10.00% 10.00% 8.45% 9.32% 9.84% 13.00%
Pre Tax Income Margin
7.20% 4.99% 6.40% 3.64% -29.98% 6.58% 3.03% 4.01% 10.03% 19.58%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
1.81 1.56 1.61 1.27 -1.43 1.84 1.78 2.01 2.68 7.42
NOPAT to Interest Expense
1.39 1.48 1.25 0.90 -0.50 1.25 2.53 12.50 1.73 4.88
EBIT Less CapEx to Interest Expense
1.03 0.40 0.78 0.90 -3.87 -3.70 -2.34 0.58 -1.72 4.82
NOPAT Less CapEx to Interest Expense
0.60 0.31 0.43 0.53 -2.94 -4.30 -1.59 11.08 -2.67 2.27
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
64.99% 93.52% 136.08% 54.84% -37.84% 61.94% 54.14% 17.00% 25.53% 12.60%
Augmented Payout Ratio
78.17% 93.52% 207.13% 513.26% -122.41% 227.04% 364.44% 28.13% 35.04% 26.53%

Quarterly Metrics And Ratios for Trinity Industries

This table displays calculated financial ratios and metrics derived from Trinity Industries' official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-27.69% -21.12% -2.74% 16.47% 26.16% 34.96% 65.38% 73.32% 35.75% 317.81% 18.29%
EBITDA Growth
-4.45% -14.88% 12.56% 28.04% 30.97% 21.15% 6.92% 18.40% 13.74% -3.83% 9.78%
EBIT Growth
-8.32% -22.81% 22.45% 48.57% 65.88% 31.85% 8.36% 33.06% 19.50% -9.72% 18.10%
NOPAT Growth
-7.03% -29.05% 8.53% 45.46% -60.90% 47.93% 13.50% 39.53% 420.06% 45.39% 21.69%
Net Income Growth
-1.09% -44.49% 50.42% 166.04% 100.00% 88.12% -10.27% 149.41% 621.05% -74.11% -26.74%
EPS Growth
-7.14% -55.26% 42.31% 225.00% 460.00% 105.41% -16.13% 400.00% 600.00% 0.00% -6.06%
Operating Cash Flow Growth
46.55% 129.35% 7.83% 580.28% -47.48% 59.24% 1,273.58% 137.85% 384.88% -70.10% -94.27%
Free Cash Flow Firm Growth
328.14% 450.92% 211.92% 202.99% 54.08% -114.93% -944.24% -186.39% -142.43% 273.74% -103.75%
Invested Capital Growth
-3.46% -2.52% -1.53% -1.74% 3.37% 3.22% 3.88% 4.56% 8.48% -5.97% 1.37%
Revenue Q/Q Growth
-6.99% -21.21% -5.06% 3.93% 1.47% -2.85% 13.69% 12.58% 8.54% 19.05% 19.15%
EBITDA Q/Q Growth
-5.95% -4.15% -10.12% 17.92% -16.22% 26.75% 2.25% 20.63% -22.50% 11.86% 13.22%
EBIT Q/Q Growth
-10.40% -7.59% -14.80% 29.96% -24.56% 46.59% 3.37% 45.10% -40.04% 20.47% 26.94%
NOPAT Q/Q Growth
-17.35% 8.65% -19.24% 28.19% -36.92% 66.18% 8.25% -65.54% 138.63% 27.50% 33.09%
Net Income Q/Q Growth
-28.31% 6.48% -37.06% 105.84% -59.77% 188.56% 11.32% 54.74% -62.15% 37.64% 209.41%
EPS Q/Q Growth
-23.53% -8.11% -43.08% 132.14% -63.16% 192.31% 30.00% 300.00% -86.49% 19.35% 675.00%
Operating Cash Flow Q/Q Growth
-62.05% 156.82% -67.49% 362.64% -40.61% 20.74% 105.07% -64.29% 80.07% 941.51% 105.65%
Free Cash Flow Firm Q/Q Growth
19.47% 39.23% -15.65% 262.60% -83.77% 55.60% 22.38% 27.50% -159.74% 3,206.01% -106.42%
Invested Capital Q/Q Growth
0.86% -0.63% -0.02% -3.66% 1.85% 0.38% -0.23% 1.34% 1.70% 1.03% 0.42%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
24.29% 24.63% 21.22% 21.27% 20.34% 20.17% 17.27% 16.78% 16.08% 17.08% 20.40%
EBITDA Margin
30.78% 30.44% 25.03% 26.43% 23.30% 28.21% 21.62% 24.04% 22.44% 31.43% 33.45%
Operating Margin
17.05% 17.79% 15.32% 16.86% 14.23% 18.64% 12.20% 13.72% 10.75% 19.20% 18.67%
EBIT Margin
17.51% 18.18% 15.50% 17.27% 13.81% 18.57% 12.31% 13.54% 10.50% 19.01% 18.79%
Profit (Net Income) Margin
4.63% 6.01% 4.44% 6.70% 3.38% 8.53% 2.87% 2.93% 2.14% 6.12% 5.30%
Tax Burden Percent
74.45% 79.58% 62.94% 75.00% 64.17% 84.60% 73.07% 68.61% 258.49% 68.30% 68.67%
Interest Burden Percent
35.51% 41.52% 45.56% 51.76% 38.19% 54.32% 31.95% 31.60% 7.86% 47.15% 41.05%
Effective Tax Rate
20.33% 14.11% 27.66% 22.74% 25.76% 8.82% 18.58% 23.95% -216.98% 19.25% 22.45%
Return on Invested Capital (ROIC)
5.70% 7.02% 5.36% 6.34% 4.89% 7.58% 4.15% 3.85% 11.37% 4.51% 3.42%
ROIC Less NNEP Spread (ROIC-NNEP)
4.75% 5.94% 4.38% 5.36% 3.84% 6.33% 3.08% 2.85% 7.40% 3.51% 2.51%
Return on Net Nonoperating Assets (RNNOA)
20.21% 24.91% 18.70% 22.88% 16.75% 26.95% 13.17% 12.24% 29.99% 15.05% 8.87%
Return on Equity (ROE)
25.91% 31.92% 24.06% 29.21% 21.64% 34.53% 17.33% 16.10% 41.36% 19.57% 12.29%
Cash Return on Invested Capital (CROIC)
9.00% 8.21% 7.83% 7.93% 2.34% 2.69% 1.37% 0.53% -3.32% 10.00% 2.24%
Operating Return on Assets (OROA)
5.63% 6.31% 5.65% 6.28% 4.86% 6.29% 3.89% 3.76% 2.63% 4.78% 3.36%
Return on Assets (ROA)
1.49% 2.09% 1.62% 2.44% 1.19% 2.89% 0.91% 0.82% 0.54% 1.54% 0.95%
Return on Common Equity (ROCE)
21.08% 25.91% 19.43% 23.61% 17.45% 27.81% 13.85% 12.82% 32.94% 15.58% 10.06%
Return on Equity Simple (ROE_SIMPLE)
14.89% 0.00% 17.72% 16.47% 13.37% 0.00% 9.46% 9.79% 8.52% 0.00% 17.55%
Net Operating Profit after Tax (NOPAT)
80 96 89 110 86 136 82 75 219 92 72
NOPAT Margin
13.58% 15.28% 11.08% 13.03% 10.56% 16.99% 9.93% 10.43% 34.08% 15.50% 14.48%
Net Nonoperating Expense Percent (NNEP)
0.95% 1.08% 0.97% 0.98% 1.05% 1.25% 1.08% 1.01% 3.97% 1.01% 0.90%
Return On Investment Capital (ROIC_SIMPLE)
1.15% 1.37% - - - 1.93% - - - 1.33% -
Cost of Revenue to Revenue
75.71% 75.37% 78.78% 78.73% 79.66% 79.83% 82.73% 83.22% 83.92% 82.92% 79.60%
SG&A Expenses to Revenue
8.54% 9.79% 7.57% 7.29% 6.46% 6.09% 5.98% 7.52% 7.78% 8.07% 9.67%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
7.24% 6.83% 5.90% 4.41% 6.11% 1.53% 5.07% 3.06% 5.33% -0.12% 1.73%
Earnings before Interest and Taxes (EBIT)
103 114 124 145 112 148 101 98 67 112 93
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
180 192 200 222 189 225 178 174 144 186 166
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.15 2.70 2.69 2.27 2.13 2.00 1.89 1.99 1.86 2.18 1.60
Price to Tangible Book Value (P/TBV)
2.72 3.42 3.40 2.87 2.70 2.55 2.43 2.56 2.40 2.70 1.90
Price to Revenue (P/Rev)
0.79 0.93 0.88 0.74 0.71 0.70 0.68 0.81 0.86 1.11 1.06
Price to Earnings (P/E)
16.58 20.67 16.54 14.91 17.84 19.60 25.45 25.22 28.45 36.67 9.90
Dividend Yield
4.11% 3.22% 3.18% 3.64% 3.88% 4.10% 4.36% 4.02% 4.15% 3.40% 4.58%
Earnings Yield
6.03% 4.84% 6.04% 6.71% 5.60% 5.10% 3.93% 3.97% 3.51% 2.73% 10.10%
Enterprise Value to Invested Capital (EV/IC)
1.18 1.27 1.27 1.20 1.17 1.15 1.13 1.15 1.13 1.18 1.09
Enterprise Value to Revenue (EV/Rev)
2.77 2.74 2.60 2.45 2.57 2.63 2.76 3.17 3.52 3.93 4.66
Enterprise Value to EBITDA (EV/EBITDA)
9.94 10.50 10.12 9.86 10.60 10.88 11.25 11.60 11.76 12.43 11.26
Enterprise Value to EBIT (EV/EBIT)
16.25 17.01 15.99 15.85 17.67 18.90 20.24 20.95 21.80 23.16 20.48
Enterprise Value to NOPAT (EV/NOPAT)
21.18 22.18 20.00 19.31 21.06 20.00 22.29 23.46 24.39 29.77 30.57
Enterprise Value to Operating Cash Flow (EV/OCF)
13.20 14.68 18.38 17.67 32.64 26.51 29.15 39.76 114.31 0.00 61.08
Enterprise Value to Free Cash Flow (EV/FCFF)
12.90 15.30 16.08 15.05 50.82 43.50 84.43 222.35 0.00 11.44 49.23
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
4.32 4.35 4.39 4.39 4.55 4.51 4.61 4.67 4.56 4.42 4.36
Long-Term Debt to Equity
4.32 4.35 4.39 4.39 4.55 4.51 4.61 4.67 4.56 4.42 4.36
Financial Leverage
4.26 4.20 4.26 4.27 4.36 4.26 4.28 4.30 4.05 4.29 3.53
Leverage Ratio
6.86 6.87 6.98 7.04 7.06 6.93 6.99 7.04 6.73 6.13 5.98
Compound Leverage Factor
2.43 2.85 3.18 3.64 2.70 3.76 2.23 2.23 0.53 2.89 2.46
Debt to Total Capital
81.21% 81.32% 81.45% 81.45% 81.99% 81.86% 82.19% 82.36% 82.03% 81.54% 81.33%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
81.21% 81.32% 81.45% 81.45% 81.99% 81.86% 82.19% 82.36% 82.03% 81.54% 81.33%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
3.56% 3.55% 3.45% 3.39% 3.34% 3.39% 3.59% 3.59% 3.68% 3.74% 3.78%
Common Equity to Total Capital
15.25% 15.13% 15.13% 15.17% 14.69% 14.75% 14.25% 14.07% 14.31% 14.72% 14.91%
Debt to EBITDA
7.07 7.09 6.82 7.04 7.67 7.99 8.49 8.71 8.88 8.97 8.68
Net Debt to EBITDA
6.78 6.62 6.42 6.59 7.36 7.66 8.10 8.27 8.47 8.50 8.31
Long-Term Debt to EBITDA
7.07 7.09 6.82 7.04 7.67 7.99 8.49 8.71 8.88 8.97 8.68
Debt to NOPAT
15.07 14.98 13.48 13.78 15.24 14.69 16.82 17.61 18.42 21.47 23.58
Net Debt to NOPAT
14.44 14.00 12.69 12.90 14.63 14.09 16.04 16.72 17.57 20.35 22.56
Long-Term Debt to NOPAT
15.07 14.98 13.48 13.78 15.24 14.69 16.82 17.61 18.42 21.47 23.58
Altman Z-Score
0.79 0.87 0.90 0.87 0.81 0.80 0.74 0.70 0.66 0.70 0.60
Noncontrolling Interest Sharing Ratio
18.65% 18.84% 19.23% 19.19% 19.39% 19.47% 20.08% 20.36% 20.36% 20.40% 18.11%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.96 2.03 2.17 2.06 2.05 2.11 2.05 2.08 2.09 2.27 2.09
Quick Ratio
0.86 1.00 1.07 0.98 0.91 0.77 0.78 0.79 0.71 0.73 0.59
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
319 267 192 227 -140 -76 -171 -221 -305 510 -16
Operating Cash Flow to CapEx
61.05% 0.00% 67.44% 261.36% 35.22% 0.00% 83.11% 16.25% 51.32% 0.00% 1.93%
Free Cash Flow to Firm to Interest Expense
4.83 3.99 2.85 3.24 -2.02 -1.12 -2.49 -3.30 -4.90 8.58 -0.30
Operating Cash Flow to Interest Expense
1.16 3.01 1.16 3.45 0.76 1.30 1.06 0.53 1.60 0.93 0.10
Operating Cash Flow Less CapEx to Interest Expense
-0.74 5.15 -0.56 2.13 -1.39 4.12 -0.22 -2.73 -1.52 9.54 -4.89
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.32 0.35 0.36 0.36 0.35 0.34 0.32 0.28 0.25 0.25 0.18
Accounts Receivable Turnover
6.69 8.29 8.05 8.04 7.71 8.69 8.25 7.15 8.20 0.00 5.80
Inventory Turnover
4.04 4.16 4.19 4.24 4.02 3.74 3.38 3.23 3.07 0.00 2.29
Fixed Asset Turnover
0.41 0.44 0.47 0.47 0.45 0.43 0.40 0.35 0.31 0.29 0.22
Accounts Payable Turnover
7.47 8.66 8.64 8.12 7.88 8.29 7.54 6.57 6.34 0.00 5.04
Days Sales Outstanding (DSO)
54.52 44.01 45.33 45.38 47.33 42.03 44.23 51.05 44.50 0.00 62.90
Days Inventory Outstanding (DIO)
90.27 87.84 87.12 86.19 90.86 97.61 107.94 112.90 119.03 0.00 159.29
Days Payable Outstanding (DPO)
48.84 42.16 42.26 44.95 46.32 44.05 48.39 55.53 57.58 0.00 72.37
Cash Conversion Cycle (CCC)
95.95 89.69 90.18 86.62 91.87 95.59 103.78 108.42 105.95 0.00 149.82
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
6,681 6,624 6,666 6,667 6,920 6,795 6,769 6,785 6,695 6,583 6,516
Invested Capital Turnover
0.42 0.46 0.48 0.49 0.46 0.45 0.42 0.37 0.33 0.29 0.24
Increase / (Decrease) in Invested Capital
-240 -171 -103 -118 225 212 253 296 523 -418 88
Enterprise Value (EV)
7,896 8,426 8,459 8,027 8,107 7,836 7,664 7,770 7,556 7,774 7,122
Market Capitalization
2,268 2,861 2,850 2,425 2,236 2,078 1,896 1,980 1,855 2,204 1,612
Book Value per Share
$12.90 $12.89 $12.84 $13.04 $12.88 $12.67 $12.25 $12.28 $12.27 $12.44 $12.28
Tangible Book Value per Share
$10.19 $10.19 $10.16 $10.33 $10.16 $9.96 $9.52 $9.54 $9.53 $10.03 $10.34
Total Capital
6,916 6,998 6,998 7,031 7,156 7,030 7,036 7,082 6,958 6,877 6,755
Total Debt
5,616 5,691 5,700 5,727 5,867 5,754 5,782 5,833 5,708 5,608 5,494
Total Long-Term Debt
5,616 5,691 5,700 5,727 5,867 5,754 5,782 5,833 5,708 5,608 5,494
Net Debt
5,381 5,317 5,367 5,363 5,632 5,519 5,516 5,536 5,445 5,313 5,255
Capital Expenditures (CapEx)
125 -143 116 92 148 -191 88 218 194 -512 275
Debt-free, Cash-free Net Working Capital (DFCFNWC)
281 251 367 345 463 440 418 396 378 404 391
Debt-free Net Working Capital (DFNWC)
516 625 699 709 698 675 685 693 641 699 630
Net Working Capital (NWC)
516 625 699 709 698 675 685 693 641 699 630
Net Nonoperating Expense (NNE)
52 58 53 53 58 67 58 54 205 55 46
Net Nonoperating Obligations (NNO)
5,381 5,317 5,367 5,363 5,632 5,519 5,516 5,536 5,445 5,313 5,255
Total Depreciation and Amortization (D&A)
78 77 76 77 77 77 77 76 77 73 73
Debt-free, Cash-free Net Working Capital to Revenue
9.85% 8.14% 11.30% 10.55% 14.69% 14.76% 15.07% 16.17% 17.60% 20.45% 25.61%
Debt-free Net Working Capital to Revenue
18.09% 20.30% 21.53% 21.69% 22.15% 22.64% 24.67% 28.26% 29.85% 35.34% 41.23%
Net Working Capital to Revenue
18.09% 20.30% 21.53% 21.69% 22.15% 22.64% 24.67% 28.26% 29.85% 35.34% 41.23%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.27 $0.36 $0.38 $0.66 $0.29 $0.78 $0.27 $0.21 $0.05 $0.38 $0.32
Adjusted Weighted Average Basic Shares Outstanding
81.60M 81.90M 82.20M 82.40M 81.60M 81.20M 81.60M 81.20M 80.80M 81.90M 81.70M
Adjusted Diluted Earnings per Share
$0.26 $0.34 $0.37 $0.65 $0.28 $0.76 $0.26 $0.20 $0.05 $0.37 $0.31
Adjusted Weighted Average Diluted Shares Outstanding
83.80M 84.20M 84.10M 84.10M 83.50M 83.40M 83.50M 83.40M 83.20M 84.20M 83.30M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
81.61M 81.79M 82.16M 82.45M 81.84M 163.72M 81.87M 81.85M 81.15M 162.25M 81.40M
Normalized Net Operating Profit after Tax (NOPAT)
78 98 87 108 85 136 78 74 47 92 72
Normalized NOPAT Margin
13.35% 15.63% 10.90% 12.89% 10.50% 16.99% 9.50% 10.18% 7.29% 15.50% 14.48%
Pre Tax Income Margin
6.22% 7.55% 7.06% 8.94% 5.27% 10.09% 3.93% 4.28% 0.83% 8.96% 7.71%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
1.55 1.71 1.84 2.07 1.62 2.19 1.47 1.46 1.09 1.89 1.70
NOPAT to Interest Expense
1.20 1.44 1.31 1.56 1.24 2.00 1.19 1.13 3.52 1.54 1.31
EBIT Less CapEx to Interest Expense
-0.34 3.84 0.11 0.75 -0.53 5.01 0.20 -1.80 -2.03 10.50 -3.29
NOPAT Less CapEx to Interest Expense
-0.69 3.57 -0.41 0.25 -0.91 4.83 -0.09 -2.14 0.40 10.15 -3.68
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
67.92% 64.99% 63.23% 67.86% 85.82% 93.52% 104.65% 99.79% 115.58% 136.08% 57.73%
Augmented Payout Ratio
86.35% 78.17% 66.92% 68.38% 85.82% 93.52% 120.49% 129.98% 115.58% 207.13% 320.45%

Frequently Asked Questions About Trinity Industries' Financials

When does Trinity Industries's financial year end?

According to the most recent income statement we have on file, Trinity Industries' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Trinity Industries' net income changed over the last 9 years?

Trinity Industries' net income appears to be on a downward trend, with a most recent value of $157.10 million in 2024, falling from $826 million in 2015. The previous period was $126.60 million in 2023. See where experts think Trinity Industries is headed by visiting Trinity Industries' forecast page.

What is Trinity Industries's operating income?
Trinity Industries's total operating income in 2024 was $491.50 million, based on the following breakdown:
  • Total Gross Profit: $668.20 million
  • Total Operating Expenses: $176.70 million
How has Trinity Industries revenue changed over the last 9 years?

Over the last 9 years, Trinity Industries' total revenue changed from $6.39 billion in 2015 to $3.08 billion in 2024, a change of -51.8%.

How much debt does Trinity Industries have?

Trinity Industries' total liabilities were at $7.53 billion at the end of 2024, a 1.4% decrease from 2023, and a 55.6% increase since 2015.

How much cash does Trinity Industries have?

In the past 9 years, Trinity Industries' cash and equivalents has ranged from $0.00 in 2021 to $786 million in 2015, and is currently $228.20 million as of their latest financial filing in 2024.

How has Trinity Industries' book value per share changed over the last 9 years?

Over the last 9 years, Trinity Industries' book value per share changed from 23.90 in 2015 to 12.89 in 2024, a change of -46.1%.



This page (NYSE:TRN) was last updated on 5/28/2025 by MarketBeat.com Staff
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