Trinity Industries, Inc. (TRN) Income Statement Analysis

See more : Pendragon PLC (PDGNF) Income Statement Analysis – Financial Results

Complete financial analysis of Trinity Industries, Inc. (TRN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Trinity Industries, Inc., a leading company in the Railroads industry within the Industrials sector.

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Trinity Industries, Inc. (TRN)

Industry: Railroads

Sector: Industrials

Website: https://www.trin.net

About Trinity Industries, Inc.

Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2021, it had a fleet of 106,970 owned or leased railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Revenue	2.98B	1.98B	1.52B	2.00B	3.01B	2.51B	3.66B	4.59B	6.39B	6.17B	4.37B	3.81B	3.08B	2.19B	2.58B	3.88B	3.83B	3.22B	2.90B	2.20B	1.43B	1.49B	1.90B	2.74B	2.93B	2.47B	2.23B	2.50B	2.31B	1.78B	1.54B	1.19B	1.26B	1.31B	1.00B	632.90M	491.10M	434.30M
Cost of Revenue	2.46B	1.61B	1.16B	1.51B	2.37B	1.94B	2.75B	3.46B	4.66B	4.62B	3.32B	3.05B	2.48B	1.71B	2.10B	3.09B	3.09B	2.63B	2.54B	2.02B	1.26B	1.31B	1.67B	2.20B	2.40B	1.98B	1.79B	2.07B	1.96B	1.48B	1.27B	1.00B	1.06B	1.11B	828.40M	553.90M	434.40M	416.80M
Gross Profit	527.10M	367.70M	354.50M	491.00M	639.40M	570.30M	917.30M	1.13B	1.74B	1.55B	1.04B	760.40M	592.20M	480.40M	480.20M	792.00M	741.70M	590.70M	366.00M	182.30M	172.40M	173.30M	236.70M	542.70M	526.10M	497.10M	444.50M	428.30M	353.80M	300.50M	265.60M	190.30M	199.90M	201.70M	172.90M	79.00M	56.70M	17.50M
Gross Profit Ratio	17.67%	18.60%	23.38%	24.56%	21.28%	22.73%	25.04%	24.68%	27.16%	25.12%	23.89%	19.95%	19.26%	21.95%	18.65%	20.40%	19.35%	18.35%	12.61%	8.29%	12.03%	11.65%	12.43%	19.80%	17.97%	20.10%	19.89%	17.16%	15.28%	16.84%	17.25%	15.96%	15.83%	15.40%	17.27%	12.48%	11.55%	4.03%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	201.90M	185.40M	179.00M	379.90M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	201.90M	185.40M	179.00M	379.90M	262.80M	296.60M	454.80M	407.40M	476.40M	403.60M	291.30M	224.10M	209.10M	186.10M	185.90M	243.00M	228.90M	208.10M	195.60M	168.20M	159.00M	162.60M	213.70M	183.40M	169.20M	163.10M	142.50M	133.70M	116.60M	103.40M	103.60M	77.30M	65.70M	66.70M	57.40M	46.40M	35.10M	32.00M
Other Expenses	0.00	1.60M	900.00K	-2.50M	-1.10M	3.90M	-3.70M	1.10M	5.60M	4.60M	2.80M	1.60M	-42.20M	-9.70M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	89.10M	80.30M	72.00M	78.10M	87.80M	75.90M	58.60M	56.80M	59.30M	47.40M	45.20M	34.00M	30.90M	15.30M	12.90M	13.90M
Operating Expenses	110.10M	185.40M	179.00M	379.90M	262.80M	296.60M	454.80M	407.40M	476.40M	403.60M	291.30M	224.10M	166.90M	176.40M	185.90M	3.33B	228.90M	208.10M	195.60M	168.20M	159.00M	162.60M	302.80M	263.70M	241.20M	241.20M	230.30M	209.60M	175.20M	160.20M	162.90M	124.70M	110.90M	100.70M	88.30M	61.70M	48.00M	45.90M
Cost & Expenses	2.57B	1.80B	1.34B	1.89B	2.63B	2.24B	3.20B	3.86B	5.13B	5.02B	3.61B	3.28B	2.65B	1.89B	2.28B	3.33B	3.32B	2.84B	2.73B	2.18B	1.42B	1.48B	1.97B	2.46B	2.64B	2.22B	2.02B	2.28B	2.14B	1.64B	1.44B	1.13B	1.17B	1.21B	916.70M	615.60M	482.40M	462.70M
Interest Income	0.00	207.60M	191.40M	3.20M	7.30M	11.90M	10.60M	5.40M	2.20M	1.90M	2.10M	1.50M	1.50M	1.40M	1.70M	5.10M	12.20M	14.80M	3.10M	7.00M	0.00	1.20M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	265.50M	207.60M	191.40M	216.00M	221.80M	179.30M	184.00M	181.90M	194.70M	193.40M	187.30M	194.70M	185.30M	188.90M	123.20M	100.40M	34.80M	4.30M	14.70M	25.70M	0.00	36.30M	78.40M	13.80M	0.00	159.10M	20.60M	30.70M	28.90M	15.00M	28.60M	25.70M	46.60M	37.70M	36.80M	0.00	0.00	0.00
Depreciation & Amortization	293.20M	276.40M	265.70M	258.50M	283.60M	251.90M	229.70M	283.00M	266.40M	244.60M	211.50M	193.70M	192.90M	189.60M	160.80M	140.30M	118.90M	87.60M	88.90M	87.20M	85.60M	90.70M	89.10M	80.30M	72.00M	78.10M	87.80M	75.90M	58.60M	56.80M	59.30M	47.40M	45.20M	34.00M	30.90M	15.30M	12.90M	13.90M
EBITDA	707.70M	458.00M	439.90M	-68.30M	711.30M	584.70M	613.30M	1.03B	1.53B	1.40B	963.20M	765.30M	574.50M	488.20M	133.20M	703.50M	658.30M	470.20M	280.30M	113.70M	13.40M	101.40M	51.20M	23.00M	359.30M	356.90M	334.00M	302.00M	264.10M	237.20M	197.10M	162.00M	113.00M	134.20M	135.00M	115.50M	32.60M	21.60M
EBITDA Ratio	23.72%	9.30%	11.64%	5.43%	20.65%	19.30%	18.33%	21.59%	21.08%	20.86%	22.18%	19.24%	20.15%	22.61%	17.74%	14.37%	16.08%	14.14%	8.52%	4.45%	6.46%	6.90%	2.69%	13.03%	11.10%	16.30%	14.03%	11.73%	10.15%	10.86%	10.39%	9.18%	11.10%	10.08%	11.43%	1.80%	1.49%	-13.42%
Operating Income	417.00M	-92.50M	-89.30M	-157.40M	416.30M	315.10M	549.10M	742.20M	1.44B	1.25B	772.90M	574.80M	425.30M	304.00M	-30.70M	549.00M	512.80M	382.60M	170.40M	14.10M	13.40M	10.70M	-66.10M	279.00M	284.90M	255.90M	214.20M	218.70M	178.60M	140.30M	102.70M	65.60M	89.00M	101.00M	84.60M	17.30M	8.70M	-28.40M
Operating Income Ratio	13.98%	-4.68%	-5.89%	-7.87%	13.85%	12.56%	14.99%	16.18%	22.51%	20.28%	17.71%	15.08%	13.83%	13.89%	-1.19%	14.14%	13.38%	11.89%	5.87%	0.64%	0.94%	0.72%	-3.47%	10.18%	9.73%	10.35%	9.59%	8.76%	7.72%	7.86%	6.67%	5.50%	7.05%	7.71%	8.45%	2.73%	1.77%	-6.54%
Total Other Income/Expenses	-268.00M	-207.50M	-201.60M	-370.00M	-215.60M	-163.50M	-172.90M	-175.40M	-186.90M	-186.90M	-182.40M	-188.90M	-187.80M	-187.50M	-116.20M	-86.20M	-49.60M	-34.10M	-26.80M	-29.20M	-27.70M	-35.10M	-50.20M	-50.20M	11.50M	40.50M	-90.00M	-32.90M	-12.80M	7.20M	11.50M	6.50M	-17.30M	-28.70M	-24.30M	29.40M	11.80M	38.50M
Income Before Tax	149.00M	126.50M	55.20M	-494.50M	200.70M	151.60M	372.00M	566.80M	1.25B	1.06B	590.50M	385.90M	237.50M	116.50M	-146.90M	462.80M	463.20M	348.50M	143.60M	-15.10M	-14.30M	-24.40M	-116.30M	262.90M	296.40M	165.90M	181.30M	186.30M	147.50M	114.20M	72.10M	36.30M	48.30M	60.30M	46.70M	20.50M	10.10M	1.10M
Income Before Tax Ratio	4.99%	6.40%	3.64%	-24.73%	6.68%	6.04%	10.16%	12.35%	19.58%	17.25%	13.53%	10.12%	7.72%	5.32%	-5.70%	11.92%	12.09%	10.83%	4.95%	-0.69%	-1.00%	-1.64%	-6.11%	9.59%	10.13%	6.71%	8.11%	7.46%	6.37%	6.40%	4.68%	3.04%	3.83%	4.60%	4.66%	3.24%	2.06%	0.25%
Income Tax Expense	9.00M	27.60M	15.90M	-268.40M	61.50M	42.60M	-341.60M	202.10M	426.00M	354.80M	204.40M	134.00M	91.80M	40.90M	-9.40M	175.50M	169.40M	133.00M	57.30M	-5.80M	-4.30M	-4.80M	-41.90M	97.40M	111.10M	62.20M	67.60M	72.50M	58.40M	45.90M	27.10M	14.20M	18.20M	22.10M	16.40M	7.50M	4.40M	200.00K
Net Income	106.00M	98.90M	39.30M	-226.10M	137.60M	159.30M	702.50M	343.60M	796.50M	678.20M	375.50M	255.20M	142.20M	67.40M	-137.70M	285.80M	293.10M	230.10M	86.30M	-9.30M	-10.00M	-19.60M	-74.40M	165.50M	185.30M	103.70M	137.50M	113.80M	89.10M	76.20M	45.00M	22.10M	30.10M	38.20M	30.30M	13.00M	5.70M	900.00K
Net Income Ratio	3.55%	5.00%	2.59%	-11.31%	4.58%	6.35%	19.18%	7.49%	12.46%	10.99%	8.60%	6.69%	4.62%	3.08%	-5.35%	7.36%	7.65%	7.15%	2.97%	-0.42%	-0.70%	-1.32%	-3.91%	6.04%	6.33%	4.19%	6.15%	4.56%	3.85%	4.27%	2.92%	1.85%	2.38%	2.92%	3.03%	2.05%	1.16%	0.21%
EPS	1.31	1.21	0.39	-1.95	1.08	1.11	4.62	2.25	5.14	4.35	2.38	1.60	0.89	0.43	-0.90	1.83	1.86	1.50	0.59	-0.07	-0.07	-0.14	-0.66	1.39	1.44	0.80	1.07	0.91	0.73	0.63	0.42	0.23	0.32	0.46	0.37	0.16	0.08	0.01
EPS Diluted	1.27	1.17	0.38	-1.95	1.07	1.09	4.52	2.25	5.08	4.19	2.38	1.59	0.89	0.43	-0.90	1.80	1.83	1.45	0.56	-0.07	-0.07	-0.14	-0.66	1.38	1.42	0.79	1.07	0.91	0.73	0.63	0.42	0.23	0.32	0.45	0.36	0.16	0.08	0.01
Weighted Avg Shares Out	81.20M	81.90M	101.50M	115.90M	125.60M	144.00M	148.60M	148.40M	150.20M	151.00M	152.80M	154.70M	155.00M	153.60M	152.80M	156.80M	157.40M	153.80M	142.00M	139.60M	136.80M	136.00M	112.44M	119.10M	129.00M	129.30M	128.40M	125.45M	121.50M	120.90M	106.25M	96.04M	95.01M	83.61M	81.85M	79.55M	74.31M	89.96M
Weighted Avg Shares Out (Dil)	83.40M	84.20M	103.80M	115.90M	127.30M	146.40M	152.00M	148.60M	152.20M	156.70M	152.90M	155.10M	155.60M	154.00M	152.80M	159.40M	160.80M	158.60M	153.40M	139.60M	136.80M	136.00M	112.44M	119.70M	130.80M	131.70M	128.40M	125.45M	121.50M	120.90M	106.25M	96.04M	95.01M	85.48M	84.91M	79.55M	74.31M	89.96M

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