Stocks · Industrials · Railroads
Trinity Industries, Inc. TRN
$26.13 +1.28% Close, Oct 2, 2026 · NYSE · Market cap $2.08B
Next earnings report: Oct 29, 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
- Diluted EPS over the last four quarters was $4.20, up 268.4% year over year.
- At 6.2× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Net debt is 4.9× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth66Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 3%
- EPS growth (TTM, YoY)Top 4%
- Revenue growth, 3-year CAGRBottom 41%
- Revenue growth accelerationTop 11%
Quality25Very weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 37%
- Gross marginBottom 44%
- Operating marginTop 21%
- Cash conversion (OCF / net income)Bottom 26%
- Accruals (lower is better)Bottom 18%
- Net debt / EBITDA (lower is better)Bottom 17%
- Interest coverBottom 33%
Value75Positive
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 1%
- Free-cash-flow yieldBottom 10%
- EBITDA / enterprise valueTop 6%
- Sales / enterprise valueBottom 32%
- P/E vs own 5-year history (lower is better)Top 6%
Momentum26Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 41%
- 6-month returnBottom 19%
- 1-year return vs S&P 500Bottom 37%
- Distance from 52-week highBottom 37%
- Trend checklist (0–4)Bottom 15%
Revisions11Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 21%
- Consecutive EPS beatsBottom 16%
- Share of analysts rating BuyBottom 19%
- Upside to consensus price targetTop 40%
Stability53Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 35%
- Maximum drawdown, 3 yearsTop 34%
- Beta vs S&P 500 (lower is better)Top 37%
- Net debt / EBITDA (lower is better)Bottom 17%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -27.7% | -18.9% | ↑ |
| EPS growth (YoY) | 92.6% | 268.4% | ↑ |
| Gross margin | 24.1% | 26.0% | ↑ |
| Operating margin | 16.6% | 15.4% | ↓ |
| FCF margin | -9.6% | -17.2% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -18.9% | -27.7% | ↑ | Bottom 3% |
| EPS growth (TTM, YoY) | 268.4% | 92.6% | ↑ | Top 4% |
| Gross margin | 26.0% | 24.1% | ↑ | Bottom 44% |
| Operating margin | 15.4% | 16.6% | ↓ | Top 21% |
| Net margin | 16.8% | 3.8% | ↑ | — |
| Free-cash-flow margin | -17.2% | -9.6% | ↓ | — |
| Return on invested capital | 3.1% | — | Bottom 37% | |
| Revenue growth, 3-year CAGR | 2.9% | — | Bottom 41% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.13×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.1%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +19.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.86×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 4.75%
- Net buyback yield (TTM)
- 3.00%
- Shareholder yield
- 7.74%
- Share count change, 1 year
- -1.6%
- Share count change, 3-year CAGR
- -0.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -16.2%
- Average 2-day reaction, last 8
- -2.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $36.00
- Target vs current price
- +37.8%
- Analysts with a rating
- 25
- Share rating Buy or Strong Buy
- 36%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | -6.7% | -6.5% | -11.6% | -19.6% | — |
| Apr 30, 2026 | +16.4% | +6.0% | +17.8% | +4.5% | +20.6% |
| Feb 12, 2026 | +0.4% | +9.2% | +7.8% | -6.9% | +15.6% |
| Oct 30, 2025 | -74.8% | -2.8% | -5.6% | -4.9% | +0.8% |
| Jul 31, 2025 | -50.6% | -6.7% | +8.0% | +15.3% | +12.4% |
| May 1, 2025 | -12.1% | -2.9% | -3.9% | +2.5% | +4.8% |
| Feb 20, 2025 | +2.6% | -8.3% | -8.9% | -13.8% | -21.2% |
| Oct 31, 2024 | -2.6% | -4.1% | +3.6% | +4.8% | +5.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $1.25 | $1.34 | -6.7% | $485.1M |
| Apr 30, 2026 | $0.32 | $0.28 | +16.4% | $492.0M |
| Feb 12, 2026 | $2.31 | $2.30 | +0.4% | $611.2M |
| Oct 30, 2025 | $0.38 | $1.51 | -74.8% | $454.1M |
| Jul 31, 2025 | $0.19 | $0.39 | -50.6% | $506.2M |
| May 1, 2025 | $0.29 | $0.33 | -12.1% | $585.4M |
| Feb 20, 2025 | $0.39 | $0.38 | +2.6% | $629.4M |
| Oct 31, 2024 | $0.37 | $0.38 | -2.6% | $798.8M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 6.2× | 18.0× | 0th | Top 1% |
| P/E (forward) | 11.7× | — | — | — |
| EV / EBITDA | 6.8× | — | — | Top 6% |
| EV / Sales | 3.50× | — | — | Bottom 32% |
| Free-cash-flow yield | -16.88% | — | — | Bottom 10% |
| Earnings yield | 16.07% | — | — | Top 1% |
P/E over the past five years
Range 8.2× – 30.3× since Dec 31, 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
- -6.0%
- Earnings per share growth (TTM)
- +268.4%
- Change in P/E multiple
- -60.0%
Most of the move came from earnings growth.
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
- 0
- 50-day average slope (20 days)
- -9.7%
- 200-day average slope (20 days)
- +0.3%
- Distance from 50-day average
- -11.7%
- Distance from 200-day average
- -17.3%
- RSI (14)
- 29.5
- Relative volume
- 1.22×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 35.6%
- Volatility vs own 5-year history
- 51th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.93
- Correlation with S&P 500
- 0.37
- Current drawdown from 1-year high
- -31.4%
- Maximum drawdown, 3 years
- -40.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 25, 2022 | Oct 25, 2023 | -43.0% | 398 days | 192 days (Aug 1, 2024) |
| Jan 24, 2025 | Jul 31, 2025 | -40.9% | 129 days | Not yet recovered |
| Feb 16, 2021 | Jul 19, 2021 | -24.0% | 106 days | 168 days (Mar 17, 2022) |
| Aug 1, 2024 | Sep 11, 2024 | -16.4% | 28 days | 23 days (Oct 14, 2024) |
| Oct 16, 2020 | Oct 28, 2020 | -13.3% | 8 days | 8 days (Nov 9, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.08B
- P/E (TTM)
- 6.2
- EPS, diluted (TTM)
- $4.20
- Revenue (TTM)
- $2.04B
- Dividend yield
- 5.89%
- 52-week range
- $24.76 – $38.31
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.52B | $1.98B | $2.98B | $3.08B | $2.16B |
| Gross profit | $354.5M | $367.7M | $527.1M | $668.2M | $572.7M |
| Operating income | $256.8M | $334.0M | $417.0M | $491.5M | $358.4M |
| Net income | $182.0M | $60.1M | $106.0M | $138.4M | $253.1M |
| EPS (diluted) | $0.38 | $0.78 | $1.27 | $1.64 | $3.05 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $798.8M | $629.4M | $585.4M | $506.2M | $454.1M | $611.2M | $492.0M | $485.1M |
| Net income | $31.4M | $28.9M | $22.1M | $14.1M | $30.3M | $186.6M | $24.2M | $102.2M |
| EPS (diluted) | $0.37 | $0.34 | $0.26 | $0.17 | $0.37 | $2.28 | $0.30 | $1.25 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $611.8M | -$12.8M | $295.6M | $573.8M | $359.7M |
| Capital expenditure | -$570.8M | -$966.8M | -$710.1M | -$595.7M | -$794.9M |
| Free cash flow | $41.0M | -$979.6M | -$414.5M | -$21.9M | -$435.2M |
| Dividends paid | -$88.5M | -$76.9M | -$86.0M | -$93.2M | -$98.7M |
| Net share buybacks | -$842.7M | -$57.5M | -$7.2M | -$29.7M | -$80.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $155.7M
- Total assets
- $8.23B
- Total liabilities
- $7.09B
- Total debt
- $5.23B
- Net debt
- $5.07B
- Shareholders’ equity
- $1.14B
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 15, 2026 | $0.31 | Oct 30, 2026 |
| Jul 15, 2026 | $0.31 | Jul 31, 2026 |
| Apr 15, 2026 | $0.31 | Apr 30, 2026 |
| Jan 15, 2026 | $0.31 | Jan 30, 2026 |
| Oct 15, 2025 | $0.30 | Oct 31, 2025 |
| Jul 15, 2025 | $0.30 | Jul 31, 2025 |
| Apr 15, 2025 | $0.30 | Apr 30, 2025 |
| Jan 15, 2025 | $0.30 | Jan 31, 2025 |
Short interest
- Shares sold short
- 4,350,980
- Days to cover
- 8.20
- Change vs previous report
- +4.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 1, 2018
- 1,389-for-1,000
- Jun 20, 2014
- 2-for-1
- Jun 12, 2006
- 3-for-2
- Apr 1, 1997
- 10,000-for-8,181
- Sep 1, 1993
- 3-for-2