Trinity Industries, Inc. (TRN)

Trinity Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,175	3,079	2,983	1,977	1,516	1,750
Revenue Growth (YoY)	-33.03%	3.21%	50.88%	30.43%	-13.36%	-36.43%
Cost of Revenue	1,603	2,411	2,456	1,610	1,162	1,327
Gross Profit	572	668.2	527.1	367.7	354.5	422.3
Selling, General & Admin	206.9	236.4	202.6	186.1	180.3	190.7
Operating Expenses	206.9	236.4	202.6	186.1	180.3	190.7
Operating Income	365.1	431.8	324.5	181.6	174.2	231.6
Interest Expense	-271.2	-273.5	-265.5	-209.1	-191.4	-211
Other Non Operating Income (Expenses)	3.5	4.5	-1.8	2.3	1.6	-1.4
EBT Excluding Unusual Items	97.4	162.8	57.2	-25.2	-15.6	19.2
Merger & Restructuring Charges	-4.3	-4.3	2.2	-1	3.7	-26.1
Gain (Loss) on Sale of Investments	-	-	-	-	-	-11.8
Gain (Loss) on Sale of Assets	64.3	63.3	89.6	152.7	78.2	20
Asset Writedown	-	-	-	-	-	-369.4
Other Unusual Items	0.7	-	-	-	-11.1	-156.5
Pretax Income	158.1	221.8	149	126.5	55.2	-524.6
Income Tax Expense	29.3	50.4	9	27.6	15.9	-274.1
Earnings From Continuing Operations	128.8	171.4	140	98.9	39.3	-250.5
Earnings From Discontinued Operations	-7.9	-14.3	-13.4	-26	142.5	24.3
Net Income to Company	120.9	157.1	126.6	72.9	181.8	-226.2
Minority Interest in Earnings	-25.5	-18.7	-20.6	-12.8	0.2	78.9
Net Income	95.4	138.4	106	60.1	182	-147.3
Net Income to Common	95.4	138.4	106	60.1	182	-147.3
Net Income Growth	-44.63%	30.57%	76.37%	-66.98%	-	-
Shares Outstanding (Basic)	81	82	81	82	102	116
Shares Outstanding (Diluted)	84	84	83	84	104	116
Shares Change (YoY)	-0.12%	0.96%	-0.95%	-18.88%	-10.44%	-8.96%
EPS (Basic)	1.17	1.69	1.31	0.73	1.79	-1.27
EPS (Diluted)	1.14	1.64	1.27	0.71	1.75	-1.27
EPS Growth	-44.52%	29.22%	78.47%	-59.42%	-	-
Free Cash Flow	-396.4	-21.9	-414.5	-979.6	41	-46.4
Free Cash Flow Per Share	-4.74	-0.26	-4.97	-11.63	0.40	-0.40
Dividend Per Share	1.200	1.140	1.060	0.950	0.860	0.780
Dividend Growth	7.14%	7.55%	11.58%	10.46%	10.26%	11.43%
Gross Margin	26.30%	21.70%	17.67%	18.60%	23.38%	24.14%
Operating Margin	16.79%	14.02%	10.88%	9.18%	11.49%	13.24%
Profit Margin	4.39%	4.50%	3.55%	3.04%	12.01%	-8.42%
Free Cash Flow Margin	-18.22%	-0.71%	-13.89%	-49.54%	2.70%	-2.65%
EBITDA	665.1	725.6	617.7	458	439.9	490.1
EBITDA Margin	30.58%	23.57%	20.71%	23.16%	29.02%	28.01%
D&A For EBITDA	300	293.8	293.2	276.4	265.7	258.5
EBIT	365.1	431.8	324.5	181.6	174.2	231.6
EBIT Margin	16.79%	14.02%	10.88%	9.18%	11.49%	13.24%
Effective Tax Rate	18.53%	22.72%	6.04%	21.82%	28.80%	-
Revenue as Reported	2,175	3,079	2,983	1,977	1,516	1,750

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q