# Trinity Industries Inc. (TRN)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $2.84B  
**Price:** $34.23 (+1.45%)

> Trinity Industries Inc. operates as a leading provider of rail transportation products and services throughout North America under the TrinityRail brand. The company functions through two primary business segments: the Railcar Leasing and Management Services Group, which owns and operates an extensive fleet of railcars while providing third-party fleet leasing, management, and administrative services; and the Rail Products Group, which manufactures, sells, and maintains freight and tank railcars along with their components. Trinity Industries serves a diverse customer base including railroads, leasing companies, and shipping companies operating across agriculture, construction, consumer products, energy, and chemical sectors. Additionally, the company produces highway infrastructure products such as guardrail and barrier systems. Founded in 1933 and headquartered in Dallas, Texas, Trinity Industries delivers comprehensive rail transportation solutions designed to optimize customers' equipment ownership and usage while enhancing value across the rail modal supply chain.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.16B | $573M | $649M | $253M | $3.05 |
| 2024 | $3.08B | $668M | $492M | $138M | $1.64 |
| 2023 | $2.98B | $527M | $417M | $106M | $1.27 |
| 2022 | $1.98B | $368M | $334M | $60M | $0.71 |
| 2021 | $1.52B | $355M | $257M | $182M | $1.75 |
| 2020 | $1.75B | $422M | -$155M | -$147M | $-1.27 |
| 2019 | $2.75B | $574M | $397M | $138M | $1.07 |
| 2018 | $2.51B | $570M | $315M | $159M | $1.07 |
| 2017 | $2.40B | $622M | $368M | $703M | $4.52 |
| 2016 | $3.09B | $778M | $479M | $344M | $2.25 |
| 2015 | $6.39B | $1.74B | $1.44B | $797M | $5.08 |
| 2014 | $6.17B | $1.55B | $1.25B | $678M | $4.19 |
| 2013 | $4.37B | $1.04B | $773M | $376M | $2.38 |
| 2012 | $3.81B | $760M | $575M | $255M | $1.59 |
| 2011 | $2.94B | $581M | $427M | $142M | $1.77 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8.42B | $7.28B | $1.08B | $201M | — |
| 2024 | $8.83B | $7.53B | $1.06B | $228M | — |
| 2023 | $8.91B | $7.63B | $1.04B | $106M | — |
| 2022 | $8.72B | $7.45B | $1.01B | $80M | — |
| 2021 | $8.24B | $6.94B | $1.03B | $167M | — |
| 2020 | $8.70B | $6.69B | $1.74B | $132M | — |
| 2019 | $8.70B | $6.32B | $2.03B | $166M | — |
| 2018 | $7.99B | $5.43B | $2.21B | $179M | — |
| 2017 | $9.54B | $4.69B | $4.50B | $779M | — |
| 2016 | $9.13B | $4.81B | $3.92B | $742M | — |
| 2015 | $8.89B | $4.84B | $3.65B | $982M | — |
| 2014 | $8.70B | $5.30B | $3.00B | $888M | — |
| 2013 | $7.27B | $4.56B | $2.40B | $429M | — |
| 2012 | $6.67B | $4.53B | $2.05B | $573M | — |
| 2011 | $6.12B | $4.17B | $1.86B | $351M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $360M | $46M | $314M |
| 2024 | $574M | $54M | $520M |
| 2023 | $296M | $41M | $254M |
| 2022 | -$13M | $38M | -$51M |
| 2021 | $612M | $24M | $588M |
| 2020 | $652M | $96M | $556M |
| 2019 | $394M | $88M | $306M |
| 2018 | $379M | $37M | $342M |
| 2017 | $762M | $22M | $740M |
| 2016 | $1.09B | $50M | $1.04B |
| 2015 | $940M | $196M | $744M |
| 2014 | $819M | $219M | $600M |
| 2013 | $662M | $150M | $512M |
| 2012 | $527M | $117M | $411M |
| 2011 | $111M | $48M | $63M |

Source: [CompaniesByCap](https://companiesbycap.com/company/TRN)