(TRN) Trinity Industries - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8965221091

Railcars, Leasing, Components, Services

Construction Machinery & Heavy Transportation Equipment
Market Cap in USD: 2,289m

IPO / Inception: 1987-12-30
12m vs SPY: -33.4%

EPS (Earnings per Share)

EPS CAGR: -16.51%
EPS Trend: 11.3%

Last SUE: -3.44
Qual. Beats: 0

Revenue

Rev. CAGR: 18.25%
Rev. Trend: 42.8%

Last SUE: -1.16
Qual. Beats: 0

Dividends

Dividend Yield	4.17%
Yield on Cost 5y	6.55%
Yield CAGR 5y	9.33%
Payout Consistency	96.6%
Payout Ratio	96.8%

Risk via 5d forecast
Volatility	34.3%
Value at Risk 5%th	51.1%
Relative Tail Risk	-9.48%

Reward TTM
Sharpe Ratio	-0.61
Alpha	-37.09
CAGR/Max DD	0.11

Character TTM
Hurst Exponent	0.473
Beta	0.972
Beta Downside	0.919

Drawdowns 3y
Max DD	39.58%
Mean DD	15.42%
Median DD	12.00%

Description: TRN Trinity Industries January 14, 2026

Trinity Industries Inc. (NYSE: TRN) operates under the TrinityRail brand, offering railcar products and services in North America through two distinct segments: the Railcar Leasing and Services Group and the Rail Products Group.

The Railcar Leasing and Services Group owns and leases a fleet of 109,635 freight and tank railcars (as of 12/31/2023), originates leases for third-party investors, and provides maintenance, modification, and logistics services to industrial shippers and railroads across agriculture, construction, metals, consumer products, energy, and refined chemicals markets.

The Rail Products Group designs and manufactures new freight and tank railcars, as well as related parts and components, selling or leasing them to railroads, leasing companies, and industrial shippers in the same commodity sectors.

According to Trinity’s 2023 Form 10-K, the company generated roughly $1.2 billion in revenue with an adjusted EBITDA margin near 12 %, and its railcar utilization rate hovered around 95 %-both metrics that are highly sensitive to U.S. freight rail volume trends and macro-level interest-rate environments that affect leasing demand.

For a deeper quantitative view of Trinity’s valuation drivers, you may find it worthwhile to explore the company’s profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (95.4m TTM) > 0 and > 6% of Revenue (6% = 130.5m TTM)

FCFTA -0.04 (>2.0%) and ΔFCFTA -3.20pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 28.63% (prev 21.69%; Δ 6.95pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.04 (>3.0%) and CFO 383.9m > Net Income 95.4m (YES >=105%, WARN >=100%)

Net Debt (5.71b) to EBITDA (651.6m) ratio: 8.76 <= 3.0 (WARN <= 3.5)

Current Ratio 2.22 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (81.9m) change vs 12m ago -2.62% (target <= -2.0% for YES)

Gross Margin 26.30% (prev 20.61%; Δ 5.68pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 24.47% (prev 36.73%; Δ -12.25pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.58 (EBITDA TTM 651.6m / Interest Expense TTM 270.5m) >= 6 (WARN >= 3)

Altman Z'' 1.29

(A) 0.07 = (Total Current Assets 1.13b - Total Current Liabilities 511.5m) / Total Assets 8.93b

(B) 0.11 = Retained Earnings (Balance) 1.02b / Total Assets 8.93b

(D) 0.13 = Book Value of Equity 1.02b / Total Liabilities 7.68b

Total Rating: 1.29 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 41.22

1. Piotroski 4.0pt

2. FCF Yield -4.85%

3. FCF Margin -18.22%

4. Debt/Equity 5.94

5. Debt/Ebitda 8.76

6. ROIC - WACC (= 1.55)%

7. RoE 9.26%

8. Rev. Trend 42.77%

9. EPS Trend 11.27%

What is the price of TRN shares?

As of January 14, 2026, the stock is trading at USD 27.95 with a total of 331,757 shares traded.
Over the past week, the price has changed by -4.22%, over one month by -1.31%, over three months by +2.40% and over the past year by -19.54%.

Is TRN a buy, sell or hold?

Trinity Industries has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold TRN.

Strong Buy: 0
Buy: 0
Hold: 2
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the TRN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	26	-7%
Analysts Target Price	26	-7%
ValueRay Target Price	29.9	6.9%

TRN Fundamental Data Overview January 13, 2026

P/E Trailing = 23.0244
P/E Forward = 20.0803
P/S = 1.0525
P/B = 2.2684
P/EG = 2.78
Beta = 1.451
Revenue TTM = 2.18b USD
EBIT TTM = 428.6m USD
EBITDA TTM = 651.6m USD
Long Term Debt = 5.94b USD (from longTermDebt, last quarter)
Short Term Debt = 840.1m USD (from shortTermDebt, last fiscal year)
Debt = 5.94b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.71b USD (from netDebt column, last quarter)
Enterprise Value = 8.17b USD (2.29b + Debt 5.94b - CCE 66.3m)
Interest Coverage Ratio = 1.58 (Ebit TTM 428.6m / Interest Expense TTM 270.5m)
EV/FCF = -20.60x (Enterprise Value 8.17b / FCF TTM -396.4m)
FCF Yield = -4.85% (FCF TTM -396.4m / Enterprise Value 8.17b)
FCF Margin = -18.22% (FCF TTM -396.4m / Revenue TTM 2.18b)
Net Margin = 4.39% (Net Income TTM 95.4m / Revenue TTM 2.18b)
Gross Margin = 26.30% ((Revenue TTM 2.18b - Cost of Revenue TTM 1.60b) / Revenue TTM)
Gross Margin QoQ = 31.14% (prev 26.35%)
Tobins Q-Ratio = 0.91 (Enterprise Value 8.17b / Total Assets 8.93b)
Interest Expense / Debt = 1.17% (Interest Expense 69.8m / Debt 5.94b)
Taxrate = 23.03% (11.1m / 48.2m)
NOPAT = 329.9m (EBIT 428.6m * (1 - 23.03%))
Current Ratio = 2.22 (Total Current Assets 1.13b / Total Current Liabilities 511.5m)
Debt / Equity = 5.94 (Debt 5.94b / totalStockholderEquity, last quarter 1.00b)
Debt / EBITDA = 8.76 (Net Debt 5.71b / EBITDA 651.6m)
Debt / FCF = -14.39 (negative FCF - burning cash) (Net Debt 5.71b / FCF TTM -396.4m)
Total Stockholder Equity = 1.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.07% (Net Income 95.4m / Total Assets 8.93b)
RoE = 9.26% (Net Income TTM 95.4m / Total Stockholder Equity 1.03b)
RoCE = 6.15% (EBIT 428.6m / Capital Employed (Equity 1.03b + L.T.Debt 5.94b))
RoIC = 4.85% (NOPAT 329.9m / Invested Capital 6.81b)
WACC = 3.29% (E(2.29b)/V(8.23b) * Re(9.50%) + D(5.94b)/V(8.23b) * Rd(1.17%) * (1-Tc(0.23)))
Discount Rate = 9.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.96%
Fair Price DCF = unknown (Cash Flow -396.4m)
EPS Correlation: 11.27 | EPS CAGR: -16.51% | SUE: -3.44 | # QB: 0
Revenue Correlation: 42.77 | Revenue CAGR: 18.25% | SUE: -1.16 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.31 | Chg30d=+0.010 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=1.60 | Chg30d=+0.050 | Revisions Net=+1 | Growth EPS=-31.9% | Growth Revenue=+3.7%

Additional Sources for TRN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle