Trinity Industries, Inc. (TRN) quarterly cash flow statement — complete operating, investing & financing history
Trinity Industries, Inc. (TRN) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 74.6M | 97.8M | 177.4M | 44.2M | 61.6M | 76.5M | 201.6M | 78.5M | 241.5M | 52.2M | 87.9M | 72.8M | 35.5M | 99.4M | 55.2M | 5.3M | -93.8M | 20.5M | 184.6M | 92.5M |
| Operating CF Margin % | 15.38% | 19.88% | 29.02% | 9.73% | 12.17% | 13.07% | 32.03% | 9.83% | 28.7% | 6.45% | 11.02% | 8.86% | 4.91% | 15.49% | 9.34% | 1.07% | -22.5% | 4.34% | 76.22% | 22.03% |
| Operating CF Growth % | 21.1% | 27.84% | -12% | -43.69% | -74.49% | 46.55% | 129.35% | 7.83% | 580.28% | -47.48% | 59.24% | 1273.58% | 137.85% | 384.88% | -70.1% | -94.27% | -135.4% | -70.59% | -5.38% | -28.29% |
| Net Income | -26.6M | 26.6M | 188.9M | 32.2M | 47.1M | 22.1M | 52.1M | 35.2M | 54.4M | 28M | 81.5M | 23.6M | 21.2M | 13.7M | 56.5M | 26.3M | 8.5M | 1.9M | 128.7M | 35.9M |
| Depreciation & Amortization | 0 | 0 | 78.7M | 76.9M | 149.5M | 74.3M | 73.6M | 73M | 73.8M | 73.4M | 73.3M | 73.1M | 72.8M | 74M | 70.4M | 69.8M | 69.3M | 66.9M | 59.4M | 70.6M |
| Stock-Based Compensation | 0 | 0 | 0 | 5.9M | 5.4M | 5.3M | 6.3M | 6.7M | 5.9M | 4.7M | 3.9M | 6.1M | 6.5M | 6.2M | 5.8M | 5.9M | 5.7M | 5.1M | 4.4M | 6.1M |
| Deferred Taxes | 0 | 0 | 63.5M | 19M | -5M | -6.1M | -20.6M | -2.7M | 3.3M | -2.1M | -17.2M | -16.2M | 4.3M | -12.4M | -1.5M | 11.2M | 3.8M | 1.2M | 2.5M | 10.8M |
| Other Non-Cash Items | 111M | 61.4M | -233.1M | -16.1M | -103M | 400K | -28M | -14.1M | -17.7M | 500K | -48.2M | -4.8M | -30.2M | 9.6M | -78.3M | -38M | -20.8M | -21.5M | -157M | -38M |
| Working Capital Changes | -9.8M | 9.8M | 79.4M | -73.7M | -32.4M | -19.5M | 118.2M | -19.6M | 121.8M | -52.3M | -5.4M | -9M | -39.1M | 8.3M | 2.3M | -69.9M | -160.3M | -33.1M | 146.6M | 6.7M |
| Change in Receivables | -63M | 63M | -108M | 3.3M | 45.1M | 10.1M | 36.2M | 32.8M | 85.3M | -118.1M | 32.4M | 30M | -87.2M | 2.8M | -40.1M | -9.9M | -83.3M | 38.2M | -13.3M | -31.1M |
| Change in Inventory | 14.1M | -14.1M | 85.5M | -94.9M | -10M | 26.5M | 72.9M | 67.8M | 26.2M | 41.2M | -4.9M | -57.2M | 10.5M | -3.3M | 60.2M | -55.8M | -122.3M | -75.5M | -61.7M | -38.5M |
| Change in Payables | -3.3M | 3.3M | 24.4M | 33.6M | -35.9M | 3.5M | -18.5M | -45.2M | -20.5M | 30.6M | -20.4M | -5M | 16M | 11.6M | -500K | 1M | 51.3M | 26.6M | 8M | 19.5M |
| Cash from Investing | -111.6M | -70.2M | 27.4M | -156.3M | -150.5M | -91.6M | -110.9M | -49.3M | 65.3M | -127M | -46.7M | -24.2M | -89M | -203.1M | -71.9M | 12.4M | -201M | -200K | 232.7M | 216.6M |
| Capital Expenditures | 157.3M | -157.3M | -237.8M | -243.5M | -184.2M | -129.4M | -223.2M | -123.9M | -96.5M | -152.1M | -197.4M | -92.2M | -221.9M | -198.6M | -250M | -283.9M | -346M | -86.9M | -185.4M | -116.3M |
| CapEx % of Revenue | 32.43% | 31.97% | 38.91% | 53.62% | 36.39% | 22.1% | 35.46% | 15.51% | 11.47% | 18.79% | 24.74% | 11.23% | 30.72% | 30.95% | 42.29% | 57.17% | 83.01% | 18.38% | 76.55% | 27.7% |
| Acquisitions | 0 | 0 | 0 | 4.7M | 0 | 0 | -300K | -1.6M | 163.8M | 25.1M | 4M | -400K | 400K | -66.2M | -71M | -15.5M | -9.4M | 0 | -100K | 100K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -268.9M | 87.1M | 265.2M | 82.5M | 33.7M | 37.8M | 112.6M | 76.2M | -2M | 0 | 146.7M | 68.4M | 132.5M | 61.7M | 249.1M | 311.8M | 154.4M | 86.7M | 418.2M | 332.8M |
| Cash from Financing | 67.2M | -98.6M | -119.9M | 35.5M | 169.1M | -124.2M | -48.7M | -61M | -177.7M | 74.8M | -72.8M | -78.5M | 87.1M | 72.4M | 72.3M | -85.5M | 249.9M | 28.7M | -460M | -219.7M |
| Debt Issued (Net) | 0 | -62.2M | -1.1B | 84.8M | 237.4M | -77.3M | -11.5M | -30.9M | -143.8M | 106.1M | -31.5M | -53.3M | 121.9M | 96.7M | 109.1M | -47.8M | 306.6M | 54.2M | -8.6M | -114.6M |
| Equity Issued (Net) | 7.2M | -7.2M | -12.4M | -20.1M | -30.8M | -8.5M | -13.8M | -6M | -900K | -300K | -300K | -100K | -6.5M | -300K | -15.1M | -14.5M | -27.7M | -200K | -427M | -77.2M |
| Dividends Paid | -25.7M | -24.8M | -24.1M | -24.2M | -25.8M | -24.6M | -23.1M | -22.9M | -24.2M | -23M | -21.3M | -21.4M | -22.2M | -21.1M | -18.6M | -19M | -20.2M | -19.1M | -20M | -21.1M |
| Share Repurchases | 7.2M | -7.2M | -12.4M | -20.1M | -30.8M | -8.5M | -13.8M | -6M | -900K | -300K | -300K | -100K | -6.5M | -300K | -15.1M | -14.5M | -27.7M | -200K | -427M | -77.2M |
| Other Financing | 85.7M | -4.4M | 1.02B | -5M | -11.7M | -13.8M | -300K | -1.2M | -8.8M | -8M | -19.7M | -3.7M | -6.1M | -2.9M | -3.1M | -4.2M | -8.8M | -6.2M | -4.4M | -6.8M |
| Net Change in Cash | 30.2M | -71M | 84.9M | -76.6M | 80.2M | -139.3M | 42M | -31.8M | 129.1M | 0 | -31.6M | -29.9M | 33.6M | -31.3M | 55.6M | -67.8M | -44.9M | 49M | -42.7M | 89.4M |
| Free Cash Flow | 231.9M | -59.5M | -60.4M | -199.3M | -122.6M | -52.9M | -21.6M | -45.4M | 145M | -99.9M | -109.5M | -19.4M | -186.4M | -99.2M | -194.8M | -278.6M | -439.8M | -66.4M | -800K | -23.8M |
| FCF Margin % | 47.8% | -12.09% | -9.88% | -43.89% | -24.22% | -9.04% | -3.43% | -5.68% | 17.23% | -12.34% | -13.72% | -2.36% | -25.8% | -15.46% | -32.95% | -56.1% | -105.52% | -14.05% | -0.33% | -5.67% |
| FCF Growth % | 289.15% | -12.48% | -179.63% | -338.99% | -184.55% | 47.05% | 80.27% | -134.02% | 177.79% | -0.71% | 43.79% | 93.04% | 57.62% | -49.4% | -24250% | -1070.59% | -484.78% | -42.18% | -107.92% | 73.41% |
| FCF per Share | 2.84 | -0.73 | -0.74 | -2.43 | -1.48 | -0.63 | -0.26 | -0.54 | 1.72 | -1.20 | -1.31 | -0.23 | -2.24 | -1.19 | -2.34 | -3.34 | -5.21 | -0.78 | -0.01 | -0.24 |
| FCF Conversion (FCF/Net Income) | 0.73x | 4.04x | 0.95x | 1.46x | 4.37x | 3.46x | 6.98x | 2.50x | 4.44x | 2.20x | 1.40x | 3.34x | 2.09x | 22.59x | 1.76x | 0.21x | -25.35x | -29.29x | 1.38x | 2.89x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |