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TRNTrinity Industries, Inc.
$27.82$2.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
TRN logo

Trinity Industries, Inc.

TRN
NYSE · Railroads
$27.82
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$2.21B
P/E9.1x
52W High$38.31
Volume617.68K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Revenue Slide Persists Despite Margin Resilience and Leverage

Trinity Industries faces a prolonged revenue contraction, with sales down 42% from the 2024Q2 peak of $841.4M to $485.1M in 2026Q2, yet gross margin has improved to 22.7% from 21.3%, suggesting cost discipline. However, operating income has fallen 59% to $58.8...

GrowthDecelerating
ProfitabilityStable
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

TRN price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-66% Peers

P/E is 66% below peer median

03

Market leadership

RS 27 · Lag

Laggard (Underperforming 73% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 30

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TRN+6.68%
S&P 500 (^GSPC)+13.20%
1-Year Return
TRN+2.80%
S&P 500 (^GSPC)+15.98%
3-Year Return
TRN+23.88%
S&P 500 (^GSPC)+79.70%
5-Year Return
TRN+23.02%
S&P 500 (^GSPC)+73.84%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
9.2x
Forward P/E
12.6x
EV/EBITDA60th %ile
11.3x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
9.2x
21.4x
20th· Low
EV/EBITDA
11.3x
11.2x
60th· Fair
Price/FCF
N/A
76.5x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$0.00N/A
Base (Fair)$33.63+20.1%
Bull$27.53-1.0%
$0.00 Bear$33.63 Base$27.53 Bull
Current Market Price: $27.82
Trades at a 17.3% discount to Base DCF ($33.63)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2.16B-30.0% YoY
Net income
$253M+82.9% YoY
Free cash flow
-$435M-1887.2% YoY
Operating margin
16.6%+0.7 pts YoY
ROIC (TTM)4.1%
Avg ROIC 5Y-
ROE (TTM)20.6%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$1.25-6.7%
vs $1.34
$485M+2.2%
vs $475M
Q2 2026
Apr 30, 2026
$0.32+16.4%
vs $0.28
$492M-8.7%
vs $539M
Q1 2026
Feb 12, 2026
$2.31+0.4%
vs $2.30
$611M+7.1%
vs $570M
Q4 2025
Oct 30, 2025
$0.38-74.8%
vs $1.51
$454M-15.7%
vs $539M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·Sep 10, 2026
Trinity Industries, Inc. Declares Quarterly Dividend

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) has declared a quarterly dividend of 31 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity's 250th consecutively paid dividend, is payable October 30, 2026 to stockholders of record on October 15, 2026. About Trinity Industries Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North Ame.

Defense World·Sep 10, 2026
Contrasting Trinity Industries (NYSE:TRN) and Titan International (NYSE:TWI)

Titan International (NYSE: TWI - Get Free Report) and Trinity Industries (NYSE: TRN - Get Free Report) are both industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, dividends, earnings, profitability, risk and institutional ownership. Insider and Institutional Ownership 80.4% of Titan International

Benzinga·Sep 9, 2026
Jim Cramer: Reliance Is ‘Terrific,' but He Prefers This Steel Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer said he is not going to put his money on AstraZeneca PLC (NYSE:AZN) because it has been missing some of its trials.

Defense World·Aug 25, 2026
BlackRock Inc. Boosts Holdings in Trinity Industries, Inc. $TRN

BlackRock Inc. grew its stake in shares of Trinity Industries, Inc. (NYSE: TRN) by 2.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,356,707 shares of the transportation company's stock after purchasing an additional 370,390 shares during the period. BlackRock Inc.

Filtered for Trinity Industries, Inc.More Headlines
04

Compare before deciding

Benchmark TRN against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Trinity Industries, Inc. (TRN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TRN logoTRNTrinity Industries, Inc.Current
$27.82$2.21B9.12-29.95%11.73%20.64%4.28%
GNSS logoGNSSGenasys Inc.
$1.57$71.5M-3.9369.76%-10.86%-435.06%—
GBX logoGBXThe Greenbrier Companies, Inc.
$43.04$1.33B6.78-8.66%3.89%5.93%—
RAIL logoRAILFreightCar America, Inc.
$7.41$242.98M6.80-10.45%-2.69%——
GATX logoGATXGATX Corporation
$183.01$6.5B20.079.77%17.94%10.83%—
WAB logoWABWestinghouse Air Brake Technologies Corporation
$289.71$48.94B42.427.51%10.59%11.32%—

Compare TRN vs Peers

Trinity Industries, Inc. (TRN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GNSS

Most directly comparable listed peer for TRN.

Scale Benchmark

vs CAT

Larger-name benchmark to compare TRN against a more recognizable public peer.

Peer Set

Compare Top 5

vs GNSS, GBX, RAIL, GATX

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TRN SEC Filings & Documents

Trinity Industries, Inc. (TRN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

Jun 16, 2026·SEC

Material company update

May 21, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 19, 2026·SEC

FY 2025

Feb 20, 2025·SEC

FY 2024

Feb 22, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 30, 2026·SEC

FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 30, 2025·SEC

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TRN Frequently Asked Questions

Trinity Industries, Inc. (TRN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Trinity Industries, Inc.'s revenue?

Trinity Industries, Inc. (TRN) reported $2.04B in revenue for fiscal year 2025. This represents a 18% decrease from $2.50B in 1996.

How fast is Trinity Industries, Inc. growing?

Trinity Industries, Inc. (TRN) saw revenue decline by 30.0% over the past year.

Is TRN profitable?

Yes, Trinity Industries, Inc. (TRN) is profitable, generating $343.3M in net income for fiscal year 2025 (11.7% net margin).

Dividend & Returns
Does TRN pay dividends?

Yes, Trinity Industries, Inc. (TRN) pays a dividend with a yield of 4.28%. This makes it attractive for income-focused investors.

What is TRN's return on equity?

Trinity Industries, Inc. (TRN) has a return on equity (ROE) of 20.6%. This is excellent, indicating efficient use of shareholder capital.

What is Trinity Industries, Inc.'s free cash flow?

Trinity Industries, Inc. (TRN) had negative free cash flow of $87.3M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in TRN back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →