Trinity Industries Inc (TRN) financials
Trinity Industries revenue and earnings by year
Trinity Industries's revenue was $2.16 billion in the fiscal year to December 31, 2025, down 30.0% from the year before. Net income was $253 million, 11.7% of revenue. Since the fiscal year to December 31, 2016, revenue has shrunk 3.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.16 | 3.08 | 2.98 | 1.98 | 1.52 | 1.75 | 2.75 | 2.51 | 2.40 | 3.09 |
| Revenue growth | -30.0% | 3.2% | 50.9% | 30.4% | -13.4% | -36.4% | 9.7% | 4.7% | -22.4% | — |
| Gross profit | 0.57 | 0.67 | 0.53 | 0.37 | 0.35 | 0.42 | 0.57 | 0.57 | 0.62 | 0.78 |
| Gross margin | 26.6% | 21.7% | 17.7% | 18.6% | 23.4% | 24.1% | 20.9% | 22.7% | 26.0% | 25.2% |
| Operating income | 0.64 | 0.49 | 0.41 | 0.18 | 0.17 | 0.23 | 0.36 | 0.27 | 0.28 | 0.46 |
| Operating margin | 29.9% | 15.8% | 13.7% | 9.2% | 11.5% | 13.3% | 13.0% | 10.9% | 11.8% | 15.0% |
| Net income | 0.25 | 0.14 | 0.11 | 0.06 | 0.18 | -0.15 | 0.14 | 0.16 | 0.70 | 0.34 |
| Net margin | 11.7% | 4.5% | 3.6% | 3.0% | 12.0% | -8.4% | 5.0% | 6.3% | 29.3% | 11.1% |
| Diluted EPS | $3.08 | $1.64 | $1.26 | $0.72 | $1.85 | -$1.35 | $1.07 | — | $3.23 | $1.62 |
| Free cash flow | -0.42 | -0.00 | -0.39 | -0.94 | 0.08 | -0.01 | -0.80 | -0.36 | 0.50 | 0.29 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TRN in Markets.
How Trinity Industries makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Railcar Leasing & Services Group | $286M | 53.4% |
| Manufacturing | $249M | 46.6% |
See also: TRN valuation and P/E history · TRN returns
No forecast, no recommendation. This page describes Trinity Industries Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.