Stocks · Financial Services · Asset Management
Trinity Capital Inc. TRIN
$17.59 +0.23% Close, Oct 2, 2026 · NYSE · Market cap $1.58B
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 82.2% from 51.4% a year earlier.
- The diluted share count rose 37.3% in a year.
- Net debt is 6.3× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 42%
- EPS growth (TTM, YoY)Bottom 22%
- Revenue growth, 3-year CAGRTop 3%
- Revenue growth accelerationBottom 31%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 19%
- Gross marginTop 8%
- Operating marginTop 1%
- Cash conversion (OCF / net income)Bottom 6%
- Accruals (lower is better)Bottom 3%
- Net debt / EBITDA (lower is better)Bottom 20%
- Interest coverTop 27%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 12%
- Free-cash-flow yieldBottom 8%
- EBITDA / enterprise valueTop 42%
- Sales / enterprise valueBottom 9%
- P/E vs own 5-year history (lower is better)Bottom 21%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 34%
- 6-month returnTop 23%
- 1-year return vs S&P 500Top 37%
- Distance from 52-week highTop 35%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 31%
- Consecutive EPS beatsBottom 17%
- Share of analysts rating BuyTop 20%
- Upside to consensus price targetBottom 5%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 48%
- Maximum drawdown, 3 yearsTop 25%
- Beta vs S&P 500 (lower is better)Top 45%
- Net debt / EBITDA (lower is better)Bottom 20%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 7.1% | 4.1% | ↓ |
| EPS growth (YoY) | -5.9% | -13.9% | ↓ |
| Gross margin | 74.0% | 86.6% | ↑ |
| Operating margin | 51.4% | 82.2% | ↑ |
| FCF margin | -145.8% | -75.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 4.1% | 7.1% | ↓ | Bottom 42% |
| EPS growth (TTM, YoY) | -13.9% | -5.9% | ↓ | Bottom 22% |
| Gross margin | 86.6% | 74.0% | ↑ | Top 8% |
| Operating margin | 82.2% | 51.4% | ↑ | Top 1% |
| Net margin | 58.6% | 50.4% | ↑ | — |
| Free-cash-flow margin | -75.6% | -145.8% | ↑ | — |
| Return on invested capital | 8.5% | — | Top 19% | |
| Revenue growth, 3-year CAGR | 74.7% | — | Top 3% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- -1.29×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 13.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 3.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +4.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.27×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 12.79%
- Net buyback yield (TTM)
- -21.99%
- Shareholder yield
- -9.21%
- Share count change, 1 year
- +37.3%
- Share count change, 3-year CAGR
- +31.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +0.5%
- Average 2-day reaction, last 8
- -0.1%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $16.30
- Target vs current price
- -7.3%
- Analysts with a rating
- 7
- Share rating Buy or Strong Buy
- 71%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | -1.7% | -5.1% | +0.2% | +1.0% | — |
| May 6, 2026 | +1.9% | +1.8% | -0.3% | -0.5% | +3.4% |
| Feb 25, 2026 | +2.0% | +2.5% | -0.8% | -3.7% | +12.3% |
| Nov 5, 2025 | +0.0% | -5.1% | -1.6% | -2.7% | +7.7% |
| Aug 6, 2025 | +1.9% | +1.4% | +5.0% | +7.0% | -0.4% |
| May 7, 2025 | -1.9% | -1.9% | +5.0% | +2.8% | +5.7% |
| Feb 26, 2025 | +5.7% | +5.1% | +2.7% | +2.7% | -7.9% |
| Oct 30, 2024 | +3.8% | +0.2% | -1.6% | +5.9% | +10.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $0.51 | $0.52 | -1.7% | $87.2M |
| May 6, 2026 | $0.53 | $0.52 | +1.9% | $90.1M |
| Feb 25, 2026 | $0.52 | $0.51 | +2.0% | $83.2M |
| Nov 5, 2025 | $0.52 | $0.52 | +0.0% | $66.2M |
| Aug 6, 2025 | $0.53 | $0.52 | +1.9% | $61.7M |
| May 7, 2025 | $0.52 | $0.53 | -1.9% | $62.7M |
| Feb 26, 2025 | $0.56 | $0.53 | +5.7% | $70.8M |
| Oct 30, 2024 | $0.54 | $0.52 | +3.8% | $59.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 9.2× | 7.6× | 85th | Top 12% |
| P/E (forward) | 8.5× | — | — | — |
| EV / EBITDA | 13.0× | — | — | Top 42% |
| EV / Sales | 10.68× | — | — | Bottom 9% |
| Free-cash-flow yield | -13.69% | — | — | Bottom 8% |
| Earnings yield | 10.92% | — | — | Top 12% |
P/E over the past five years
Range 3.8× – 20.1× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +15.7%
- Earnings per share growth (TTM)
- -13.9%
- Change in P/E multiple
- +30.7%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 120
- 50-day average slope (20 days)
- +0.3%
- 200-day average slope (20 days)
- +1.8%
- Distance from 50-day average
- -2.1%
- Distance from 200-day average
- +6.2%
- RSI (14)
- 44.7
- Relative volume
- 0.91×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 20.9%
- Volatility vs own 5-year history
- 37th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.66
- Correlation with S&P 500
- 0.49
- Current drawdown from 1-year high
- -6.1%
- Maximum drawdown, 3 years
- -18.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 29, 2022 | Dec 7, 2022 | -49.1% | 175 days | Not yet recovered |
| Mar 1, 2021 | Mar 19, 2021 | -12.1% | 14 days | 112 days (Aug 27, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.58B
- P/E (TTM)
- 9.2
- EPS, diluted (TTM)
- $1.92
- Revenue (TTM)
- $286.4M
- Dividend yield
- 14.50%
- 52-week range
- $14.13 – $18.90
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $175.5M | $43.5M | $174.8M | $237.4M | $232.3M |
| Gross profit | $155.1M | $9.4M | $141.7M | $175.5M | $232.3M |
| Operating income | $132.6M | -$28.0M | $129.7M | $118.3M | $216.2M |
| Net income | $132.3M | -$30.4M | $76.9M | $115.6M | $135.6M |
| EPS (diluted) | $4.86 | -$0.96 | $1.89 | $2.10 | $1.96 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $56.8M | $82.1M | $60.1M | $76.1M | $66.2M | $50.4M | $83.3M | $86.4M |
| Net income | $24.4M | $45.9M | $27.1M | $41.4M | $27.6M | $39.5M | $45.5M | $55.2M |
| EPS (diluted) | $0.43 | $0.74 | $0.43 | $0.63 | $0.39 | $0.51 | $0.53 | $0.49 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$241.7M | $54.9M | -$96.3M | -$316.9M | -$535.5M |
| Capital expenditure | -$1.2M | -$194,000 | -$2.7M | -$420,000 | -$785,000 |
| Free cash flow | -$242.9M | $54.7M | -$99.0M | -$317.3M | -$535.5M |
| Dividends paid | -$24.9M | -$61.2M | -$78.8M | -$102.5M | -$136.4M |
| Net share buybacks | $104.6M | $111.1M | $146.5M | $196.5M | $290.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $22.2M
- Total assets
- $2.81B
- Total liabilities
- $1.54B
- Total debt
- $1.50B
- Net debt
- $1.48B
- Shareholders’ equity
- $1.27B
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Dec 11, 2026 | $0.17 | Dec 31, 2026 |
| Nov 13, 2026 | $0.17 | Nov 30, 2026 |
| Oct 15, 2026 | $0.17 | Oct 30, 2026 |
| Sep 10, 2026 | $0.17 | Sep 30, 2026 |
| Aug 14, 2026 | $0.17 | Aug 31, 2026 |
| Jul 15, 2026 | $0.17 | Jul 31, 2026 |
| Jun 11, 2026 | $0.17 | Jun 30, 2026 |
| May 15, 2026 | $0.17 | May 29, 2026 |
Short interest
- Shares sold short
- 6,002,717
- Days to cover
- 6.29
- Change vs previous report
- +15.2%
FINRA short interest, settlement date Sep 15, 2026.