Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026
Basics
Sector
Industrials
Industry
Railroads
Country
United States
Market cap
2.4B USD
Enterprise value
7.1B USD
Full-time employees
6,110
Overall health
Strength:its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 1.34 vs a peer median of 0.64) and more debt relative to equity (4.57× vs a peer median of 0.40×)higher risk: bigger price swings (beta 1.34 vs peers 0.64) and more debt vs equity (4.57× vs peers 0.40×)
Ranks #676 of 2,308 industrials companies (top 30%)
Stock pay is large next to buybacks. Stock-based pay expense $69M vs $92M spent repurchasing shares over the 3 fiscal years to 2025.
Over three fiscal years Trinity Industries recorded $69M of stock-based pay expense and spent $92M repurchasing shares (repurchases can include shares withheld to cover employees' taxes).Over three fiscal years Trinity Industries recorded $69M of stock-based pay expense and spent $92M repurchasing shares.
Much more borrowing than peers.Debt is 4.6× equity vs a peer median of 0.4×.Debt is 4.6× equity vs peers 0.4×.
Debt is 4.6× shareholders' equity, against a peer median of 0.4×, among the highest 10% of its peer group.Debt is 4.6× shareholders' equity, vs peers 0.4×, among the highest 10% of its peer group.
Operating margin at a 6-year high.30% in 2025, the best of the last 6 years.
Trinity Industries kept 30% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.
Profits growing faster than sales. Since 2022: revenue +9.1%, operating profit +94%.
Since 2022, Trinity Industries's revenue grew 9.1% while operating profit grew 94%: each extra dollar of sales is adding more profit.
StockQuotient Score
61/ 100▼ 1 since Oct 27 closeOct 5 62 → Nov 4 61 (-1)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 94 → 91
Share price +17.1%-3
Company's reported figures updated+1
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Why it changed since the Oct 27, 2026 close: Score 66 → 65
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Trinity Industries
Is Trinity Industries getting weaker?
Its latest SEC filing (Jul 30, 2026) got stronger: operating margin rose 5.4 points to 37.0%. Its overall score is 61/100, down 1 since Oct 28, 2026.
How is Trinity Industries valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 91/100 against 2,459 industrials peers.Earnings yield 15.3% vs a peer median of 3.8% (stronger than 95% of peers).Earnings yield 15.3% vs peers 3.8% (stronger than 95% of peers).
Is Trinity Industries growing?
Yes, faster than most of its peers. Growth scores 65/100 against 2,459 industrials peers.Earnings per share growth 220.3% vs a peer median of 7.1% (stronger than 95% of peers).Earnings per share growth 220.3% vs peers 7.1% (stronger than 95% of peers).Revenue growth -18.9% vs a peer median of 4.4% (weaker than 93% of peers).Revenue growth -18.9% vs peers 4.4% (weaker than 93% of peers).
How profitable is Trinity Industries?
More profitable than most of its peers. Profitability scores 84/100 against 2,459 industrials peers.Operating margin 37.0% vs a peer median of 7.7% (stronger than 95% of peers).Operating margin 37.0% vs peers 7.7% (stronger than 95% of peers).
How risky is Trinity Industries?
Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings.Current ratio 2.17× vs a peer median of 1.62× (stronger than 70% of peers).Current ratio 2.17× vs peers 1.62× (stronger than 70% of peers).Debt / equity 4.57× vs a peer median of 0.40× (weaker than 100% of peers).Debt / equity 4.57× vs peers 0.40× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 30, 2026 · compared with the quarter ended Mar 31, 2026
Got stronger
Operating margin rose 5.4 points to 37.0%
Previous quarter
Latest quarter
Change
Revenue (12 months)
2.1B USD
2.0B USD
−1.0%
Net income (12 months)
279.4M USD
363.6M USD
+30.1%
Operating margin
31.5%
37.0%
+5.4 pts
Free cash flow (12 months)
338.3M USD
342.6M USD
+1.3%
Debt
5.4B USD
5.2B USD
−2.9%
Cash
132.6M USD
155.7M USD
+17.4%
Shares outstanding
79.5M
79.7M
+0.2%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Industrials · 318 companies
Valuations in Industrials are near the top of their range since 2016.
85% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +20% and earnings +14% (medians): prices and earnings moved broadly together.
Median price-to-sales is −24% vs the whole market, against a usual −31%.
2016Shaded: most expensive fifth of its range2026
Trinity Industries looks cheaper than most of its peers on our valuation measures, while the Industrials sector as a whole is valued high by its own standards since 2016. Both can be true at once.
Shown for Industrials: too few Railroads companies have a long enough history of their own.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
23.4%
18.6%
17.7%
21.7%
26.6%
▲ 4.9 pts
Operating margin
16.9%
16.9%
14.0%
16.0%
30.1%
▲ 14 pts
Net margin
12.0%
3.0%
3.6%
4.5%
11.7%
▲ 7.2 pts
Return on assets (ROA)
2.2%
0.7%
1.2%
1.6%
3.0%
▲ 1.4 pts
Return on equity (ROE)
17.7%
5.9%
10.2%
13.1%
23.5%
▲ 10 pts
Free cash flow margin
38.8%
-2.6%
8.5%
16.9%
14.6%
▼ 2.3 pts
Debt to equity
0.39×
5.54×
5.55×
5.37×
5.05×
▼ 6.0%
Interest coverage
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TRN price history
Price history is added with the daily price update and will appear after the next one.