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Kelso Technologies vs Trinity Industries: revenue, profit, margins and growth compared

Kelso Technologies brought in $10.8M of revenue in fiscal 2025, Trinity Industries $2.2B in fiscal 2025. Revenue changed by +1.0% at Kelso Technologies and -30.0% at Trinity Industries on the year before, so Kelso Technologies grew faster. Kelso Technologies kept 4.1% of its revenue as net profit, Trinity Industries 11.7%. Free cash flow was $109.3K at Kelso Technologies and $314.1M at Trinity Industries.

Side by side, latest fiscal year

KIQSFTRN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$10.8M$2.2B
Revenue growth+1.0%-30.0%
Net income$447.4K$253.1M
Net margin4.1%11.7%
Free cash flow$109.3K$314.1M
Free cash flow margin1.0%14.6%
Earnings per share (diluted)$0.01$3.05
Cash$399.4K$201.3M
Debtn/an/a
Price to earningsn/a9.1
Market valuen/a$2.2B
Dividend yieldn/a4.38%
Rank by revenue in sector#504 of 587 · Industrials#224 of 587 · Industrials

Over the years

Revenue
KIQSF FY2018: $12.7MKIQSF FY2019: $20.6MKIQSF FY2020: $11.1MKIQSF FY2021: $7.4MKIQSF FY2022: $10.9MKIQSF FY2023: $10.8MKIQSF FY2024: $10.7MKIQSF FY2025: $10.8MTRN FY2018: $2.5BTRN FY2019: $2.8BTRN FY2020: $1.7BTRN FY2021: $1.5BTRN FY2022: $2BTRN FY2023: $3BTRN FY2024: $3.1BTRN FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
KIQSF $10.8MTRN $2.2B
Net income
KIQSF FY2018: $194.5KKIQSF FY2019: $3.3MKIQSF FY2020: -$1.3MKIQSF FY2021: -$2.8MKIQSF FY2022: -$1.4MKIQSF FY2023: -$2.1MKIQSF FY2024: -$4.6MKIQSF FY2025: $447.4KTRN FY2018: $159.3MTRN FY2019: $137.6MTRN FY2020: -$147.3MTRN FY2021: $182MTRN FY2022: $60.1MTRN FY2023: $106MTRN FY2024: $138.4MTRN FY2025: $253.1MFY18FY19FY20FY21FY22FY23FY24FY25
KIQSF $447.4KTRN $253.1M
Net margin
KIQSF FY2018: 1.5%KIQSF FY2019: 16.2%KIQSF FY2020: -11.7%KIQSF FY2021: -37.1%KIQSF FY2022: -12.4%KIQSF FY2023: -19.4%KIQSF FY2024: -43.3%KIQSF FY2025: 4.1%TRN FY2018: 6.3%TRN FY2019: 5.0%TRN FY2020: -8.4%TRN FY2021: 12.0%TRN FY2022: 3.0%TRN FY2023: 3.6%TRN FY2024: 4.5%TRN FY2025: 11.7%FY18FY19FY20FY21FY22FY23FY24FY25
KIQSF 4.1%TRN 11.7%
Revenue growth
KIQSF FY2019: +61.6%KIQSF FY2020: -45.7%KIQSF FY2021: -33.4%KIQSF FY2022: +47.2%KIQSF FY2023: -1.0%KIQSF FY2024: -1.3%KIQSF FY2025: +1.0%TRN FY2019: +9.7%TRN FY2020: -36.4%TRN FY2021: -13.4%TRN FY2022: +30.4%TRN FY2023: +50.9%TRN FY2024: +3.2%TRN FY2025: -30.0%FY19FY20FY21FY22FY23FY24FY25
KIQSF +1.0%TRN -30.0%
Free cash flow
KIQSF FY2018: $836.1KKIQSF FY2019: $3.2MKIQSF FY2020: -$3.3MKIQSF FY2021: -$2MKIQSF FY2022: $314.4KKIQSF FY2023: -$275.3KKIQSF FY2024: -$405.2KKIQSF FY2025: $109.3KTRN FY2018: $341.8MTRN FY2019: $305.6MTRN FY2020: $555.8MTRN FY2021: $588.2MTRN FY2022: -$50.8MTRN FY2023: $254.3MTRN FY2024: $520MTRN FY2025: $314.1MFY18FY19FY20FY21FY22FY23FY24FY25
KIQSF $109.3KTRN $314.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Kelso Technologies and Trinity Industries

Which is bigger by revenue, Kelso Technologies or Trinity Industries?

Trinity Industries is bigger by revenue: $2.2B in fiscal 2025, against $10.8M for Kelso Technologies in fiscal 2025.

Which keeps more of its revenue as profit, Kelso Technologies or Trinity Industries?

Kelso Technologies had a net margin of 4.1% in fiscal 2025; Trinity Industries had 11.7% in fiscal 2025.

Which grew revenue faster, Kelso Technologies or Trinity Industries?

In their latest fiscal years revenue changed by +1.0% at Kelso Technologies and -30.0% at Trinity Industries.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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