TRN Stock Analysis: Trinity Industries | NYSE
Railroads | NYSE, USA | Market Cap: 2.021m USD | 12M Return: -4.5% | US8965221091 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 20.7M
EPS Trend: 62.6%
Qual. Beats: -1
Rev. Trend: -83.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Trinity Industries, Inc. (NYSE: TRN) is a North American provider of railcar products and services, operating under the TrinityRail trade name through two main segments: Railcar Leasing and Services Group, and Rail Products Group. The leasing segment offers freight and tank railcar leases, fleet management, maintenance, and logistics services to industrial shippers and railroad companies across multiple end markets, including refined products and chemicals, energy, agriculture, construction and metals, and consumer products. The manufacturing segment produces freight and tank railcars, as well as related parts and components, for railroads, leasing companies, and industrial shippers in the same end markets. As of December 31, 2025, the companys leasing fleet consisted of 101,485 railcars. Trinity Industries sells and leases its offerings through internal sales staff and independent sales representatives, and it has been in operation since its incorporation in 1933, with its headquarters in Dallas, Texas.
As a mid-cap industrials company, Trinity Industries operates in the Construction Machinery & Heavy Transportation Equipment sub-industry, a sector that supports the broader freight and logistics ecosystem. Railcar leasing and manufacturing is a capital-intensive, cyclical business closely tied to North American shipping volumes, rail freight demand, and commodity flows in industries such as energy and agriculture. The combination of a fleet leasing platform alongside a railcar manufacturing operation gives Trinity a vertically integrated business model, allowing it to both produce and finance rail equipment across multiple end markets.
- Railcar leasing revenue grows on fleet utilization and lease rates
- Rail Products Group orders tied to freight demand and industrial production
- Steel tariff costs pressure railcar manufacturing margins
| Net Income: 343.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.04 > 0.02 and ΔFCF/TA -1.51 > 1.0 |
| NWC/Revenue: 29.41% < 20% (prev 25.11%; Δ 4.30% < -1%) |
| CFO/TA 0.05 > 3% & CFO 388.3m > Net Income 343.3m |
| Net Debt (5.18b) to EBITDA (1.04b): 4.97 < 3 |
| Current Ratio: 2.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (81.6m) vs 12m ago -1.57% < -2% |
| Gross Margin: 26.04% > 18% (prev 24.08%; Δ 1.97% > 0.5%) |
| Asset Turnover: 23.97% > 50% (prev 28.60%; Δ -4.63% > 0%) |
| Interest Coverage Ratio: 2.84 > 6 (EBIT TTM 744.0m / Interest Expense TTM 261.9m) |
| A: 0.07 (Total Current Assets 1.15b - Total Current Liabilities 548.7m) / Total Assets 8.23b |
| B: 0.14 (Retained Earnings 1.14b / Total Assets 8.23b) |
| C: 0.09 (EBIT TTM 744.0m / Avg Total Assets 8.52b) |
| D: 0.16 (Book Value of Equity 1.14b / Total Liabilities 7.09b) |
| Altman-Z'' = 1.68 = BB |
| DSRI: 1.24 (Receivables 345.9m/344.3m, Revenue 2.04b/2.52b) |
| GMI: 0.92 (GM 24.08% / 26.04%) |
| AQI: 1.33 (AQ_t 0.09 / AQ_t-1 0.07) |
| SGI: 0.81 (Revenue 2.04b / 2.52b) |
| TATA: -0.01 (NI 343.3m - CFO 388.3m) / TA 8.23b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of October 10, 2026, the stock is trading at USD 25.52 with a total of 476,638 shares traded. Over the past week, the price has changed by -2.33%, over one month by -9.34%, over three months by -26.10% and over the past year by -4.53%.
Current recommended Stop Loss: 24.40 (which is 4.4% or 1.4 ATR below the current price).
Trinity Industries has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold TRN.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33 | 29.3% |
P/E Trailing = 6.1578
P/E Forward = 20.0803
P/S = 0.9896
P/B = 1.9389
P/EG = 0.692
Revenue TTM = 2.04b USD
EBIT TTM = 744.0m USD
EBITDA TTM = 1.04b USD
Long Term Debt = 5.23b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 5.34b USD (from shortLongTermDebtTotal, last quarter) + Leases 111.5m
Net Debt = 5.18b USD (calculated: Debt 5.34b - CCE 155.7m)
Enterprise Value = 7.20b USD (2.02b + Debt 5.34b - CCE 155.7m)
Interest Coverage Ratio = 2.84 (Ebit TTM 744.0m / Interest Expense TTM 261.9m)
EV/FCF = -20.51x (Enterprise Value 7.20b / FCF TTM -351.3m)
FCF Yield = -4.88% (FCF TTM -351.3m / Enterprise Value 7.20b)
FCF Margin = -17.20% (FCF TTM -351.3m / Revenue TTM 2.04b)
Net Margin = 16.81% (Net Income TTM 343.3m / Revenue TTM 2.04b)
Gross Margin = 26.04% ((Revenue TTM 2.04b - Cost of Revenue TTM 1.51b) / Revenue TTM)
Gross Margin QoQ = 22.66% (prev 26.20%)
Tobins Q-Ratio = 0.88 (Enterprise Value 7.20b / Total Assets 8.23b)
Interest Expense / Debt = 4.91% (Interest Expense 261.9m / Debt 5.34b)
Taxrate = 24.83% (119.7m / 482.1m)
NOPAT = 559.3m (EBIT 744.0m * (1 - 24.83%))
Current Ratio = 2.09 (Total Current Assets 1.15b / Total Current Liabilities 548.7m)
Debt / Equity = 4.67 (Debt 5.34b / totalStockholderEquity, last quarter 1.14b)
Debt / EBITDA = 4.97 (Net Debt 5.18b / EBITDA 1.04b)
Debt / FCF = -14.75 (negative FCF - burning cash) (Net Debt 5.18b / FCF TTM -351.3m)
Total Stockholder Equity = 1.08b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.03% (Net Income 343.3m / Total Assets 8.23b)
RoE = 31.93% (Net Income TTM 343.3m / Total Stockholder Equity 1.08b)
RoCE = 11.81% (EBIT 744.0m / Capital Employed (Equity 1.08b + L.T.Debt 5.23b))
RoIC = 7.38% (NOPAT 559.3m / Invested Capital 7.58b)
WACC = 5.06% (E(2.02b)/V(7.36b) * Re(8.69%) + D(5.34b)/V(7.36b) * Rd(4.91%) * (1-Tc(0.25)))
Discount Rate = 8.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -87.68 | Cagr: -1.02%
[DCF] Fair Price = unknown (Cash Flow -351.3m)
EPS Correlation: 62.56 | EPS CAGR: 29.83% | SUE: -4.0 | # QB: -1
Revenue Correlation: -83.56 | Revenue CAGR: -15.72% | SUE: 0.15 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.27 | Chg30d=+0.00% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=2.23 | Chg30d=+0.00% | Revisions=-40% | GrowthEPS=-29.1% | GrowthRev=-4.9%
EPS next Year (2027-12-31): EPS=2.23 | Chg30d=+0.00% | Revisions=-40% | GrowthEPS=+0.0% | GrowthRev=+11.2%
[Analyst] Revisions Ratio: -44% (up=1, down=5)