Stocks Industrials TRN
NYSE · IndustrialsTrinity Industries Inc (TRN)
Trinity Industries Inc brought in $2.1B of revenue over the twelve months to September 30, 2026, down 2.4% from a year earlier. Net income was $326.7M, a net margin of 15.4%. Operating cash flow minus capital spending left $314.1M of free cash flow in fiscal 2025. At September 30, 2026 it held $158.3M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.
Key facts about Trinity Industries Inc
- Net worth
- Trinity Industries Inc has a market value (market cap) of $2.4B at the latest share price, and shareholders' equity of $1.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.2B (-30.0% year on year), with net income of $253.1M. Over the 12 months to September 30, 2026: revenue $2.1B, net income $326.7M.
- Cash flow
- In fiscal 2025 operations brought in $359.7M of cash; after $45.6M of capital spending, free cash flow was $314.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Trinity Industries Inc's next report is expected around February 11, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Trinity Industries Inc declared dividends of $1.21 per share in fiscal 2025, a yield of 3.99% at the current price.
What Trinity Industries Inc does
Trinity Industries Inc is registered with the SEC under industry code SIC 3743 (Railroad Equipment). Its shares trade on NYSE under the ticker TRN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.2B | $253.1M | $3.05 | $314.1M |
| 2024 | $3.1B | $138.4M | $1.64 | $520M |
| 2023 | $3B | $106M | $1.27 | $254.3M |
| 2022 | $2B | $60.1M | $0.71 | -$50.8M |
| 2021 | $1.5B | $182M | $1.75 | $588.2M |
| 2020 | $1.7B | -$147.3M | -$1.27 | $555.8M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where TRN ranks in Industrials
Dividends
Trinity Industries Inc declared $1.21 per share in fiscal 2025. At the current price that is a yield of 3.99%. It paid out $98.7M in cash dividends, 39% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.21 | $98.7M | 39% |
| 2024 | $1.14 | $93.2M | 67% |
| 2023 | $1.06 | $86M | 81% |
| 2022 | $0.95 | $76.9M | 128% |
| 2021 | $0.86 | $88.5M | 49% |
| 2020 | $0.78 | $91.7M | n/a |
Latest SEC filings
What Trinity Industries Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 18% to $535.1M versus the same quarter last year; diluted EPS $0.22 versus $0.37.
- October 29, 2026
- October 22, 2026
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 7, 2026Passive stake (5% or more) SCHEDULE 13G
- July 30, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 4.2% to $485.1M versus the same quarter last year; diluted EPS $1.20 versus $0.17.
- July 30, 2026
- June 16, 2026
- May 21, 2026
- May 15, 2026
What is TRN worth? A DCF from its reported cash flow
Insider trades
What the people running Trinity Industries Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $502.4K worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 25, 2026 | Poet KevinEVP Operations & Support Svcs | Soldpre-planned (10b5-1) | 17,000 | $502.4K |
| May 21, 2026 | Maclin ToddDirector | Received as pay | 4,024 | - |
| May 21, 2026 | Poet KevinEVP Operations & Support Svcs | Received as pay | 35,579 | - |
| May 21, 2026 | Poet KevinEVP Operations & Support Svcs | Shares withheld for tax | 10,465 | $358.9K |
| May 21, 2026 | Gooding Aaron J.EVP Leasing and Services | Received as pay | 13,240 | - |
| May 21, 2026 | Gooding Aaron J.EVP Leasing and Services | Shares withheld for tax | 1,705 | $58.5K |
| May 21, 2026 | Maldonado Christina NVice President and CAO | Received as pay | 2,100 | - |
| May 21, 2026 | Ainsworth William PDirector | Received as pay | 4,024 | - |
Who owns TRN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Capital International Investors13G, passive | 6.9% | May 14, 2026 |
| Vanguard Portfolio Management13G, passive | 6.7% | April 29, 2026 |
| Dimensional Fund Advisors LP13G, passive | 6.1% | April 15, 2025 |
| American Century Investment Management, Inc.13G, passive with 3 related filers | 5.4% | August 14, 2026 |
| Vanguard Capital Management13G, passive | 5.23% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 343 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 13,356,707 | +370,390 |
| Capital International Investors | 5,752,329 | +234,843 |
| Vanguard Portfolio Management LLC | 5,677,209 | +372,223 |
| Dimensional Fund Advisors LP | 4,853,865 | +52,629 |
| American Century Companies Inc | 4,321,153 | +715,130 |
| State Street Corp | 4,123,807 | +245,434 |
| Vanguard Capital Management LLC | 3,577,611 | -5,380 |
| Goldman Sachs Group Inc | 2,545,151 | +920,968 |
| Jennison Associates LLC | 2,333,043 | -110,278 |
| Geode Capital Management, LLC | 2,043,343 | +99,002 |
| Morgan Stanley | 1,610,059 | -89,279 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1,506,164 | +117,035 |
| River Road Asset Management, LLC | 1,388,599 | new |
| Charles Schwab Investment Management Inc | 1,229,646 | -93,960 |
| Bank of America Corp | 1,000,110 | -89,378 |
| Gamco Investors, Inc. ET AL | 970,940 | -12,400 |
| Invesco Ltd. | 952,271 | +167,675 |
| Northern Trust Corp | 946,588 | -98,525 |
| First Eagle Investment Management, LLC | 926,638 | +511,019 |
| D. E. Shaw & Co., Inc. | 906,553 | -73,916 |
Insiders
10 insiders reported holding 1,012,593 shares in total, about $30.7M at the last price.
| Holder | Shares |
|---|---|
| Savage JeanPresident & CEO, Director | 341,798 |
| Marchetto Eric REVP & CFO | 299,082 |
| Echols Leldon EDirector | 80,260 |
| Ewing Scott MEVP & Chief Legal Officer | 72,223 |
| Poet KevinEVP Operations & Support Svcs | 69,225 |
| Maclin ToddDirector | 36,693 |
| Ainsworth William PDirector | 31,985 |
| Diez John J.Director | 29,755 |
| Maldonado Christina NVice President and CAO | 26,587 |
| Gooding Aaron J.EVP Leasing and Services | 24,985 |
Questions about TRN
What does Trinity Industries Inc do?
Trinity Industries Inc is a company in the Industrials sector, listed on NYSE as TRN. Its shares trade on NYSE under the ticker TRN.
What is Trinity Industries Inc's net worth?
Trinity Industries Inc has a market value (market cap) of $2.4B at the latest share price, and shareholders' equity of $1.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Trinity Industries Inc profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $326.7M on revenue of $2.1B, a net margin of 15.4%.
How much revenue does Trinity Industries Inc make?
Over the twelve months to September 30, 2026 Trinity Industries Inc reported revenue of $2.1B. That is 2.4% less than a year earlier.
When did Trinity Industries Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026.
When is Trinity Industries Inc's next earnings report?
Trinity Industries Inc's next report is expected around February 11, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Trinity Industries Inc pay a dividend?
Yes. Trinity Industries Inc declared dividends of $1.21 per share in fiscal 2025, a yield of 3.99% at the current price.
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Where the numbers come from
Financial figures are the values Trinity Industries Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.