Trinity Industries Financial Statements
NYSE: TRNIndustrialsRailroadsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Trinity Industries revenue and earnings
In fiscal 2025, Trinity Industries generated $2.16 billion in revenue, down 30.0% from fiscal 2024, its first annual decline since 2021. Net income was $253.1 million (+82.9% year over year), for a net margin of 11.7% versus a median of 3.6% in the prior 5 years. Gross margin was 26.6% (up from 21.7%) and operating margin 30.1%.
Diluted earnings per share came in at $3.05, up from $1.64. Over the last 5 fiscal years, TRN's revenue has grown at a 4.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Trinity Industries income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.16B | 3.08B | 2.98B | 1.98B | 1.52B | 1.75B | 2.75B | 2.51B | 2.40B | 3.09B |
| Revenue growth (YoY) | -29.95% | +3.21% | +50.88% | +30.43% | -13.36% | -36.43% | +9.70% | +4.66% | -22.41% | -51.67% |
| Cost of Revenue | 1.58B | 2.41B | 2.46B | 1.61B | 1.16B | 1.33B | 2.18B | 1.94B | 1.78B | 2.31B |
| Gross Profit | 572.70M | 668.20M | 527.10M | 367.70M | 354.50M | 422.30M | 574.00M | 570.30M | 622.20M | 777.80M |
| Operating Expenses | -76.50M | 176.70M | 110.10M | 33.70M | 97.70M | 576.90M | 177.20M | 255.20M | 253.90M | 298.90M |
| Selling, General & Admin | 214.30M | 235.70M | 201.90M | 185.40M | 179.60M | 189.60M | 217.00M | 296.60M | 339.30M | 313.90M |
| Operating Income | 649.20M | 491.50M | 417.00M | 334.00M | 256.80M | -154.60M | 396.80M | 315.10M | 368.30M | 478.90M |
| Interest Expense | — | — | — | — | — | 219.20M | 221.80M | 179.30M | 184.00M | 181.90M |
| Other Income (Expense) | -273.80M | -269.70M | -268.00M | -207.50M | -201.60M | -370.00M | -215.60M | -163.50M | -172.90M | -168.90M |
| Pretax Income | 375.40M | 221.80M | 149.00M | 126.50M | 55.20M | -524.60M | 181.20M | 151.60M | 195.40M | 310.00M |
| Income Tax | 90.90M | 50.40M | 9.00M | 27.60M | 15.90M | -274.10M | 58.80M | 42.60M | -414.80M | 106.80M |
| Net Income | 253.10M | 138.40M | 106.00M | 60.10M | 182.00M | -147.30M | 137.60M | 159.30M | 702.50M | 343.60M |
| Net Income growth (YoY) | +82.88% | +30.57% | +76.37% | -66.98% | — | -207.05% | -13.62% | -77.32% | +104.45% | -56.86% |
| EPS (Basic) | 3.13 | 1.69 | 1.31 | 0.73 | 1.79 | -1.27 | 1.09 | 1.09 | 4.62 | 2.25 |
| EPS (Diluted) | 3.05 | 1.64 | 1.27 | 0.71 | 1.75 | -1.27 | 1.07 | 1.07 | 4.52 | 2.25 |
| Shares Outstanding (Basic) | 80.80M | 81.90M | 81.20M | 81.90M | 101.50M | 115.90M | 125.60M | 144.00M | 148.60M | 148.40M |
| Shares Outstanding (Diluted) | 82.90M | 84.20M | 83.40M | 84.20M | 103.80M | 115.90M | 127.30M | 146.40M | 152.00M | 148.60M |
| EBITDA | 954.30M | 785.30M | 710.20M | 610.40M | 522.50M | 103.90M | 673.30M | 567.00M | 598.00M | 696.20M |
| Gross Margin | 26.55% | 21.70% | 17.67% | 18.60% | 23.38% | 24.14% | 20.85% | 22.73% | 25.95% | 25.17% |
| Operating Margin | 30.10% | 15.96% | 13.98% | 16.89% | 16.94% | -8.84% | 14.42% | 12.56% | 15.36% | 15.50% |
| Net Margin | 11.73% | 4.49% | 3.55% | 3.04% | 12.01% | -8.42% | 5.00% | 6.35% | 29.30% | 11.12% |
This table shows 10 annual periods of Trinity Industries's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TRN's reporting calendar. What is a income statement?