TRNTrinity Industries, Inc.
$29.43+11% 1Y
$29.43
$24.4052 weeks$38.07
The business
How TRN's business earns
Trinity Industries, Inc. keeps 34% of every revenue dollar as operating profit, against 34% for the median Railroads name.
34%
Operating margin · Railroads median 34% · 12 months to Sep 30, 2026
- Cash conversion
- 0.75×
Cash conversion · 1.11× a year ago · operating cash flow divided by operating profit after tax
- Share count, year on year
- −1.1%
Share count, year on year · fewer shares than a year ago
- Gross margin
- 25%
Gross margin
Operating margin by fiscal year
| Year | Operating margin |
|---|---|
| FY2020 | −8.8% |
| FY2021 | 17% |
| FY2022 | 17% |
| FY2023 | 14% |
| FY2024 | 16% |
| FY2025 | 30% |
Details›
- Gross margin12 months to Sep 30, 2026
- 25%
- Operating margin12 months to Sep 30, 2026
- 34%
- Net margin12 months to Sep 30, 2026
- 15%
- Free cash flow margin
- 17%
- Revenue, trailing twelve months
- $2.12B
- Free cash flow, trailing twelve months
- $357M
- Net income, trailing twelve months
- $327M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from TRN and who it buys from, as the companies report it.
19%of revenue comes from major customer
no supplier on file
TRN
Major customer19%
Customerswho buys
- Major customer19%
Share of revenue · FY2025 10-K
Supplierswho it buys from
None disclosed.
Industrials
The closest names by size in the same sector