Trinity Industries, Inc. (TRN)
NYSE: TRN · Real-Time Price · USD
30.15
-0.03 (-0.10%)
Nov 11, 2026, 4:00 PM EST - Market closed
Trinity Industries Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 326.7 | 253.1 | 138.4 | 106 | 60.1 | 182 |
Depreciation & Amortization | 293.3 | 305.1 | 293.8 | 293.2 | 276.4 | 265.7 |
Loss (Gain) From Sale of Assets | -437.2 | -290.8 | -60.6 | -83.3 | -144.2 | -74.1 |
Asset Writedown & Restructuring Costs | - | - | 4.3 | -2.2 | - | - |
Stock-Based Compensation | 23 | 22.9 | 23.6 | 22.7 | 22.5 | 20.7 |
Other Operating Activities | 146 | 122.8 | 20.5 | -6.8 | 55.4 | -115.1 |
Change in Accounts Receivable | -56.3 | -15.5 | -17.1 | -24.6 | -94.4 | -64.3 |
Change in Inventory | 22.8 | 7.1 | 208.1 | -54.9 | -193.4 | -147.7 |
Change in Accounts Payable | 54.7 | 25.6 | -53.6 | 2.2 | 78.4 | 59.2 |
Change in Income Taxes | 15.6 | -25.1 | 2.8 | 2.6 | - | 440.4 |
Change in Other Net Operating Assets | 33.8 | -38.3 | 27.9 | 54.1 | -51.6 | 48.8 |
Operating Cash Flow | 410.4 | 359.7 | 573.8 | 295.6 | -12.8 | 611.8 |
Operating Cash Flow Growth | 6.90% | -37.31% | 94.11% | - | - | -6.12% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -682 | -794.9 | -595.7 | -710.1 | -966.8 | -570.8 |
Sale of Property, Plant & Equipment | 459.3 | 414.7 | 381.3 | 401.7 | 794.7 | 494.8 |
Cash Acquisitions | - | - | - | -62.2 | -80.4 | -16.6 |
Investment in Securities | -30.9 | 11.4 | -3.9 | 2.5 | -15.5 | 0.1 |
Other Investing Activities | -23.7 | -16.8 | 3.7 | 5.1 | 7.3 | 368.8 |
Investing Cash Flow | -277.3 | -385.6 | -214.6 | -363 | -260.7 | 276.3 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 1,944 | 1,970 | 1,653 | 2,001 | 2,444 |
Long-Term Debt Repaid | - | -1,764 | -2,051 | -1,519 | -1,579 | -2,316 |
Net Debt Issued (Repaid) | 77.5 | 180 | -80.1 | 133.8 | 422.1 | 128.3 |
Repurchase of Common Stock | -64 | -80 | -29.7 | -7.2 | -57.5 | -842.7 |
Common Dividends Paid | -99.5 | -98.7 | -93.2 | -86 | -76.9 | -88.5 |
Other Financing Activities | -7.8 | -26.2 | -16.9 | -32.4 | -22.3 | -11.2 |
Financing Cash Flow | -93.8 | -24.9 | -219.9 | 8.2 | 265.4 | -814.1 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 39.3 | -50.8 | 139.3 | -59.2 | -8.1 | 74 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -271.6 | -435.2 | -21.9 | -414.5 | -979.6 | 41 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -12.79% | -20.18% | -0.71% | -13.89% | -49.54% | 2.70% |
Free Cash Flow Per Share | -3.32 | -5.25 | -0.26 | -4.97 | -11.63 | 0.40 |
Levered Free Cash Flow | -237.76 | -455.41 | -11.56 | -316.53 | -1,005 | 137.65 |
Unlevered Free Cash Flow | -71.45 | -284.04 | 159.38 | -150.59 | -874.3 | 257.28 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 272.8 | 272.8 | 271.4 | 246.2 | 190.5 | 178.4 |
Cash Income Tax Paid | 51.4 | 51.4 | 54.6 | 42.4 | 19.3 | -435.7 |
Change in Working Capital | 70.6 | -46.2 | 168.1 | -20.6 | -261 | 336.4 |