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Price updated todayFinancials updated Oct 29, 2026
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TRN · Price history
Price at last available close
$25.56
−$1.15 (-4.31%) 1M
2026-10-28
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Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Trinity Industries, Inc. operates in North America, providing railway transportation solutions under its TrinityRail brand. The company is organized into two main divisions: Railcar Leasing and Management Services, and Rail Products. The Railcar Leasing and Management Services group focuses on leasing freight and tank railcars, overseeing railcar leases on behalf of third-party investors, and offering comprehensive fleet maintenance and management.
How they make money
Trinity Industries operates a business model centered on the railcar lifecycle, generating revenue through the manufacturing, leasing, and maintenance of railcars. The company provides full-service operating leases for freight and tank railcars, while also offering fleet management, logistics, and maintenance services to railroads and industrial shippers.
Products & services
Railcar leasing, manufacturing, and comprehensive rail transportation services including fleet management, maintenance, and logistics support.
Brands & revenue mix
TrinityRail
Trade name under which the company markets its railcar products and services.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
The company does not disclose specific customer concentration percentages in its 2025 annual report.
Suppliers, materials & equipment
Steel and railcar component suppliers — The company relies on various suppliers for raw materials such as steel and specialized railcar components; specific supplier names are not disclosed.Source
Strengths
Leading provider of railcar products and services in North AmericaSource
Overall investment score · Quality, value, risk and opportunity
48
Weak
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
42
Weak
Financial Strength
43
Business Quality / Moat
39
Management
57
Growth Quality
13
Risk / Durability
56
Cheap for a Reason · Review the Risks
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
66
Fully Valued
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
61/100
Building Historical Record
Model Score 61/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.
The model outlook is currently moderate.
What we like
•Valuation scores attractively
•Recent buyback activity is present
What to watch
•High debt risk
•Revenue fundamentals are weak
•Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for TRN
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving TRN's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•How long can TRN fund negative free cash flow using its current cash position before it may need more debt or new shares?
•Is TRN's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•Is TRN's valuation discount tied to a temporary concern or to a longer-term business risk?
•What does the current high debt stress warning mean for the reliability or interpretation of TRN's score?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TRN
Detected from reported data — verify before acting.
Dividend history reported
The provider reports a dividend yield. Confirm the latest declaration before treating it as a current payment.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
High debt risk
Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on TRN.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Leading provider of railcar products and services in North America.
−Debt risk (high): Total debt is at least one year of revenue.
−Interest coverage is below 2x.
−Free cash flow is negative.
−Cash covers less than 20% of total debt.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Weak48/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Poor
35
Debt Cost5.0%
Debt Reduction YoY6.2%
Debt / Equity5.05x
Tap for breakdown →
Revenue
Poor
32
Revenue YoY-5.3%
Revenue CAGR-15.0%
Net Margin16.8%
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Asset
Fair
55
Asset Growth YoY-4.6%
Liquidation/Share$13.82
Net Assets/MCap1.48x
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Capital
Strong
81
Earnings Yield16.9%
Buyback Yield2.1%
Debt Cost5.0%
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Management
Fair
57
ROIC4.4%
ROE30.0%
ROA4.2%
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Moat
Poor
39
EPS Growth35.1%
FCF/Share Growth—
Rev/Share Growth-2.5%
Tap for breakdown →
Valuation
Elite
100
Intrinsic Value$61.84
Value Reference$37.10
MOS58.7%
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Buffett
Weak
48
Revenue32
Moat39
Valuation100
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MOS
Elite
100
MOS %58.7%
Value Reference$37.10
Deep Discount Reference$24.73
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Financial
Poor
4
Interest Coverage1.3x
ROIC4.4%
FCF Yield-21.4%
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Master
Weak
42
Financial4
Valuation100
Debt35
Tap for breakdown →
Resilience
Poor
26
Survival Years0.5 yrs
Current Ratio2.12x
FCF Margin-20.2%
Tap for breakdown →
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Score Changes
3 historical score records available
Previous Score
48
Oct 1, 2026
Change
Unchanged
Current Score
48
Oct 29, 2026
Category Changes
Revenue+0.1
Debt0
Assets+0.2
Capital0
Management0
Moat0
Valuation0
Buffett+0.1
TRN score was unchanged.
Projected Score
Projected Score
50
Projected Change
+2.4 points
Preliminary comparable-period financial changes suggest improvement of approximately 2.4 points. This is a projected estimate, not the official WallStreetScore.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$2.04B
$2.16B
$3.08B
$2.98B
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Cost of Revenue
$1.51B
$1.58B
$2.41B
$2.46B
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Gross Profit
$531.9M
$572.7M
$668.2M
$527.1M
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Research & Development
$0.00
$0.00
$0.00
$0.00
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SG&A Expenses
$216.7M
$214.3M
$235.7M
$201.9M
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Operating Expenses
$216.7M
$214.3M
$176.7M
$110.1M
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EBITDA
$1.04B
$954.7M
$789.1M
$707.7M
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Operating Income
$315.2M
$358.4M
$491.5M
$417.0M
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Interest Expense
$261.9M
$274.2M
$273.5M
$265.5M
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Income Before Tax
$482.1M
$375.4M
$221.8M
$149.0M
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Income Tax Expense
$119.7M
$90.9M
$50.4M
$9.0M
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Net Income
$343.3M
$253.1M
$138.4M
$106.0M
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Basic EPS
$4.30
$3.13
$1.69
$1.31
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Basic Shares
79.60M
80.80M
81.90M
81.20M
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Diluted Shares
81.60M
82.90M
84.20M
83.40M
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Upgrade to Premium for up to 10 annual periods, where available.
Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026
Revenue
$485.1M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$1.25
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-10.8%
Cash Change
-50.6%
Margin Change
+18.3 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Debt reduced
What Weakened
Cash position declined
Potential Score Impact
Positive indicators included EPS growth, debt levels, net income margin. Pressure indicators included revenue growth, cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 4.2%. EPS increased 635.3%. Cash declined 50.6%. Total debt declined 10.8%. Net income margin improved by 18.3 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Upgrade to Premium to unlock all earnings history.View plans
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
A dividend is reported, but detailed payment history is temporarily unavailable or awaiting refresh.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.