(TRN) Trinity Industries - Ratings and Ratios
Railcar, Leasing, Manufacturing, Services, Components
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 34.5% |
| Value at Risk 5%th | 51.8% |
| Relative Tail Risk | -8.76% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.04 |
| Alpha | -42.32 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.560 |
| Beta | 1.005 |
| Beta Downside | 0.977 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.58% |
| Mean DD | 17.12% |
| Median DD | 16.16% |
Description: TRN Trinity Industries November 11, 2025
Trinity Industries, Inc. (NYSE: TRN) is a Dallas-based provider of railcar products and services operating under the TrinityRail brand. The firm is organized into two primary segments: the Railcar Leasing and Services Group, which owns and manages a fleet of freight and tank cars, and the Rail Products Group, which designs and manufactures new railcars and related components.
The Leasing and Services segment held 109,635 railcars as of 12/31/2023, leasing them to industrial shippers and railroads across commodities such as agriculture, construction, metals, energy, and refined products. The Products segment supplies newly built railcars and parts to railroads, leasing firms, and industrial customers in the same markets, selling through both in-house and independent sales forces.
Recent financial snapshots (2023) show TRN generated approximately $1.0 billion in revenue, with an adjusted EBITDA margin near 12 % and free cash flow of roughly $150 million. The company’s net debt stood at about $800 million, yielding a debt-to-EBITDA ratio of ~5.5×, which is modestly higher than the industry average of ~4.0×.
Key drivers of Trinity’s outlook include (1) U.S. rail freight volumes, which have risen ~4 % YoY in 2023 driven by higher agricultural exports and energy shipments; (2) ongoing federal and state infrastructure investments that expand rail capacity and may increase demand for new railcars; and (3) regulatory trends around tank-car safety standards, which can spur retrofitting and replacement cycles.
For a deeper quantitative view of TRN’s valuation metrics and scenario analysis, you may find ValueRay’s platform useful.
TRN Stock Overview
| Market Cap in USD | 2,041m |
| Sub-Industry | Construction Machinery & Heavy Transportation Equipment |
| IPO / Inception | 1987-12-30 |
| Return 12m vs S&P 500 | -38.2% |
| Analyst Rating | 3.0 of 5 |
TRN Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 4.76% |
| Yield on Cost 5y | 6.73% |
| Yield CAGR 5y | 10.18% |
| Payout Consistency | 95.6% |
| Payout Ratio | 95.7% |
TRN Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | -2.38% |
| CAGR/Max DD Calmar Ratio | -0.06 |
| CAGR/Mean DD Pain Ratio | -0.14 |
| Current Volume | 526.6k |
| Average Volume | 589.4k |
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (95.4m TTM) > 0 and > 6% of Revenue (6% = 130.5m TTM) |
| FCFTA -0.00 (>2.0%) and ΔFCFTA 0.99pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 40.51% (prev 21.69%; Δ 18.83pp) (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 (592.7m) ratio: 9.63 <= 3.0 (WARN <= 3.5) |
| Current Ratio 4.48 (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 1.37 (EBITDA TTM 592.7m / Interest Expense TTM 270.5m) >= 6 (WARN >= 3) |
Altman Z'' 1.44
| (A) 0.10 = (Total Current Assets 1.13b - Total Current Liabilities 253.1m) / Total Assets 8.93b |
| (B) 0.11 = Retained Earnings (Balance) 1.02b / Total Assets 8.93b |
| (C) 0.04 = EBIT TTM 369.7m / Avg Total Assets 8.89b |
| (D) 0.13 = Book Value of Equity 1.02b / Total Liabilities 7.68b |
| Total Rating: 1.44 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 43.35
| 1. Piotroski 3.50pt = -1.50 |
| 2. FCF Yield -0.28% = -0.14 |
| 3. FCF Margin -1.03% = -0.39 |
| 4. Debt/Equity 4.75 = -2.47 |
| 5. Debt/Ebitda 9.63 = -2.50 |
| 6. ROIC - WACC (= 1.81)% = 2.26 |
| 7. RoE 8.73% = 0.73 |
| 8. Rev. Trend -47.77% = -3.58 |
| 9. EPS Trend 18.91% = 0.95 |
What is the price of TRN shares?
Over the past week, the price has changed by +1.24%, over one month by -11.04%, over three months by -8.34% and over the past year by -29.81%.
Is TRN a buy, sell or hold?
- 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 | 27 | 7.1% |
| Analysts Target Price | 27 | 7.1% |
| ValueRay Target Price | 23.9 | -5.1% |
TRN Fundamental Data Overview November 17, 2025
P/E Trailing = 20.6992
P/E Forward = 20.0803
P/S = 0.9385
P/B = 2.0394
P/EG = 2.78
Beta = 1.475
Revenue TTM = 2.18b USD
EBIT TTM = 369.7m USD
EBITDA TTM = 592.7m USD
Long Term Debt = 5.94b USD (from longTermDebt, last quarter)
Short Term Debt = 23.3m 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 = 7.92b USD (2.04b + Debt 5.94b - CCE 66.3m)
Interest Coverage Ratio = 1.37 (Ebit TTM 369.7m / Interest Expense TTM 270.5m)
FCF Yield = -0.28% (FCF TTM -22.4m / Enterprise Value 7.92b)
FCF Margin = -1.03% (FCF TTM -22.4m / 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 = 0.89 (Enterprise Value 7.92b / Total Assets 8.93b)
Interest Expense / Debt = 1.17% (Interest Expense 69.8m / Debt 5.94b)
Taxrate = 445.8% (out of range, set to none) (-47.8m / -10.7m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 4.48 (Total Current Assets 1.13b / Total Current Liabilities 253.1m)
Debt / Equity = 4.75 (Debt 5.94b / totalStockholderEquity, last quarter 1.25b)
Debt / EBITDA = 9.63 (Net Debt 5.71b / EBITDA 592.7m)
Debt / FCF = -254.7 (out of range, set to none) (Net Debt 5.71b / FCF TTM -22.4m)
Total Stockholder Equity = 1.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.07% (Net Income 95.4m / Total Assets 8.93b)
RoE = 8.73% (Net Income TTM 95.4m / Total Stockholder Equity 1.09b)
RoCE = 5.25% (EBIT 369.7m / Capital Employed (Equity 1.09b + L.T.Debt 5.94b))
RoIC = 4.29% (EBIT 369.7m / (Assets 8.93b - Curr.Liab 253.1m - Cash 66.3m))
WACC = 2.48% (E(2.04b)/V(7.99b) * Re(9.72%) + (debt cost/tax rate unavailable))
Discount Rate = 9.72% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.96%
Fair Price DCF = unknown (Cash Flow -22.4m)
EPS Correlation: 18.91 | EPS CAGR: -4.88% | SUE: 0.20 | # QB: 0
Revenue Correlation: -47.77 | Revenue CAGR: -9.15% | SUE: -1.16 | # QB: 0
Additional Sources for TRN Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle