Is Trinity Industries (TRN) overvalued or fairly valued?

MarketChacha shows Trinity Industries's valuation in context — a trailing P/E of about 6.8, a forward P/E of about 12.7, a price-to-book of about 2.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Trinity Industries's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.47×) from reported figures — education, not a rating.

What is Trinity Industries's revenue?

Trinity Industries reported revenue of $2.2B for FY2025, with net profit of $253.1M, per official filings.

What is the share price of Trinity Industries (TRN)?

Trinity Industries last traded at $28.32 (+1.1% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Trinity Industries

TRN · NYSE · Industrials · United States

Snapshot

TickerTRN

ExchangeNYSE

SectorIndustrials

IndustryRailroads

CountryUnited States

Employees6,110

HeadquartersDallas, United States

Websitewww.trin.net

Filings tracked18

About Trinity Industries

Trinity Industries, Inc. provides railcar products and services under the TrinityRail trade name in North America. The company operates in two segments, Railcar Leasing and Services Group, and Rail Products Group. The Railcar Leasing and Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet leasing, management, and administrative services, as well as railcar maintenance and modification services, and other railcar logistics products and services. As of December 31, 2025, it had a fleet of 101,485 railcars. This segment serves industrial shipper and railroad companies operating in refined products and chemicals, energy, agriculture, construction and metals, and consumer products. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and manufactures and sells railcars and related parts and components. This segment serves railroads, leasing companies, and industrial shippers of products in the refined products and chemicals, energy, agriculture, construction and metals, and consumer products markets. It sells or leases products and services through its own sales personnel and independent sales representatives. The company was incorporated in 1933 and is headquartered in Dallas, Texas.

Who owns it

Insiders1.2%
Institutions98.3%
Public & other0.5%

455 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.16.77%
Capital International Investors7.22%
Vanguard Portfolio Management LLC7.13%
Dimensional Fund Advisors LP6.09%
American Century Companies Inc5.42%
State Street Corporation5.18%
Vanguard Capital Management LLC4.49%
Goldman Sachs Group Inc3.19%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.47×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend3.6% → 11.7%

Margin has expanded by about 8.2 points — the business is getting more profitable.

Return on equity23.5%

Latest ROE of 23.5% — capital is generating a healthy return.

Growth qualityrev -15% · PAT 55%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $579.5M · EPS 0.39

Est. earnings growth -83.3%

Next fiscal year

Rev $2.3B · EPS 2.23

Est. earnings growth 0.0%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$2.2B

Net margin

11.7%

ROE

23.5%

Revenue CAGR (2y)

-15.0%

Profit CAGR (2y)

+54.5%

EPS (FY2025)

3.05

Net profit (FY2025)

$253.1M

Ask MarketChacha about TRN

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$2.2B	$253.1M	3.05	11.7%	23.5%
FY2024	$3.1B	$138.4M	1.64	4.5%	13.1%
FY2023	$3.0B	$106.0M	1.27	3.6%	10.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$485.1M	$98.3M	1.20	20.3%
2026Q1	$492.0M	$24.2M	0.30	4.9%
2025Q4	$611.2M	$186.6M	2.28	30.5%
2025Q3	$454.1M	$30.3M	0.37	6.7%
2025Q2	$506.2M	$14.1M	0.17	2.8%
2025Q1	$585.4M	$22.1M	0.26	3.8%
2024Q4	$629.4M	$28.9M	0.34	4.6%
2024Q3	$798.8M	$31.4M	0.37	3.9%
2024Q2	$841.4M	$54.4M	0.65	6.5%
2024Q1	$809.6M	$23.7M	0.28	2.9%
2023Q4	$797.9M	$62.8M	0.75	7.9%
2023Q3	$821.3M	$21.8M	0.26	2.7%
2023Q2	$722.4M	$17.0M	0.20	2.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/30/2026material
10-Q filing
SEC7/30/2026
8-K — Material agreement, Termination of agreement, Material financial obligation, Exhibits
SEC6/16/2026material
8-K — Shareholder vote results, Exhibits
SEC5/21/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/30/2026material
10-Q filing
SEC4/30/2026
8-K — Material financial obligation, Exhibits
SEC4/21/2026material
8-K — Material agreement, Exhibits
SEC4/15/2026material
8-K — Material agreement, Exhibits
SEC4/6/2026material
10-K filing
SEC2/19/2026
8-K — Executive/director change, Exhibits
SEC2/17/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/12/2026material
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC1/6/2026material

2025

8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/30/2025material
10-Q filing
SEC10/30/2025
8-K — Material agreement, Exhibits
SEC10/20/2025material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/31/2025material
10-Q filing
SEC7/31/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.