| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | 1 | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡ |
|
| 2027 | ‡‡‡‡ |
|
| 2026 | 1.25 |
—
—
—
|
| 2025 | 1.20 |
—
—
—
—
|
| 2024 | 1.12 |
—
—
—
—
|
| 2023 | 1.04 |
—
—
—
—
|
| 2022 | 0.92 |
—
—
—
—
|
| 2021 | 0.84 |
—
—
—
—
|
| 2020 | 0.76 |
—
—
—
—
|
| 2019 | 0.64 |
—
—
—
—
|
| 2018 | 0.37 |
—
—
—
—
|
| 2017 | 0.35 |
—
—
—
—
|
| 2016 | 0.32 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 105.70 | 228.20 | 201.30 | 155.70 |
| Receivables | 368.70 | 381.50 | 416.60 | 345.90 |
| Inventory | 684.30 | 476.20 | 469.10 | 533.60 |
| Other | — | — | — | — |
| 1,158.70 | 1,085.90 | 1,087.00 | 1,035.20 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 305.30 | 251.70 | 269.60 | 276.50 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 607.60 | 604.70 | 570.80 | 548.70 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 492.00 | 485.10 | — | — |
—
|
| ’25 | 585.40 | 506.20 | 454.10 | 611.20 |
2,156.90
|
| ’24 | 809.60 | 841.40 | 798.80 | 629.40 |
3,079.20
|
| ’23 | 641.70 | 722.40 | 821.30 | 797.90 |
2,983.30
|
| ’22 | 472.70 | 416.80 | 496.60 | 591.20 |
1,977.30
|
| ’21 | 330.70 | 293.30 | 419.80 | 472.20 |
1,516.00
|
| ’20 | 615.20 | 509.20 | 459.40 | 165.90 |
1,749.70
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 97.80 | 68.90 | — | — |
—
|
| ’25 | 76.50 | 61.60 | 44.20 | 177.40 |
359.70
|
| ’24 | 52.20 | 241.50 | 78.50 | 201.60 |
573.80
|
| ’23 | 99.40 | 35.50 | 72.80 | 87.90 |
295.60
|
| ’22 | 20.50 | (93.80) | 5.30 | 55.20 |
(12.80)
|
| ’21 | 69.70 | 265.00 | 92.50 | 184.60 |
611.80
|
| ’20 | 173.60 | 154.00 | 129.00 | 195.10 |
651.70
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (55.70) | (29.20) | — | — |
—
|
| ’25 | (48.80) | (118.20) | (196.70) | (56.10) |
(419.80)
|
| ’24 | (96.00) | 149.10 | (37.90) | (16.50) |
(1.30)
|
| ’23 | (94.30) | (182.90) | (14.80) | (102.60) |
(394.60)
|
| ’22 | (50.80) | (431.60) | (269.20) | (184.00) |
(935.60)
|
| ’21 | (25.80) | 118.50 | (12.00) | 0.80 |
81.50
|
| ’20 | 40.20 | 0.60 | (83.90) | 29.40 |
(13.70)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.30 | 1.20 | — | — |
—
|
| ’25 | 0.26 | 0.17 | 0.37 | 2.28 |
3.05
|
| ’24 | 0.28 | 0.65 | 0.37 | 0.34 |
1.64
|
| ’23 | 0.05 | 0.20 | 0.26 | 0.75 |
1.27
|
| ’22 | (0.01) | 0.04 | 0.31 | 0.38 |
0.71
|
| ’21 | 0.03 | 0.12 | 0.33 | 1.37 |
1.75
|
| ’20 | 1.33 | (1.76) | 0.21 | (1.13) |
(1.27)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 20.94 | 20.04 | 23.40 | 22.38 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 35.35 | 30.34 | 39.00 | 39.83 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9,215 | 9,480 | 2,890 | 2,650 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.21 | 0.31 | 1.07 | 0.81 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,977.30 | 2,983.30 | 3,079.20 | 2,156.90 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 18.60% | 17.67% | 21.70% | 26.55% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 126.50 | 149.00 | 221.80 | 375.40 | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.40% | 4.99% | 7.20% | 17.40% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 72.90 | 126.60 | 157.10 | 277.30 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 276.40 | 293.20 | 293.80 | 305.10 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24.14 | 36.74 | 37.60 | 26.69 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 0.73 | 1.31 | 1.69 | 3.13 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.16) | 3.64 | 7.01 | 4.45 | ‡‡‡‡ | ‡‡‡‡ | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (11.27) | (8.50) | (7.02) | (9.65) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (11.42) | (4.86) | (0.02) | (5.20) | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.50 | 15.71 | 15.96 | 14.17 | ‡‡‡‡ | ‡‡‡‡ | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 81.90 | 81.20 | 81.90 | 80.80 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 40.23 | 20.45 | 20.89 | 8.37 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.23 | 0.72 | 0.93 | 0.99 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.92 | 1.69 | 2.20 | 1.87 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.15 | 2.70 | 2.79 | 3.53 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.77) | (20.40) | (6,599.53) | (18.15) | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (12.80) | 295.60 | 573.80 | 359.70 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (922.80) | (690.20) | (575.10) | (779.50) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (935.60) | (394.60) | (1.30) | (419.80) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 491.80 | 551.10 | 481.20 | 516.20 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5,849.60 | 5,754.20 | 5,690.90 | 5,442.50 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5,770.00 | 5,648.50 | 5,462.70 | 5,241.20 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,269.60 | 1,275.50 | 1,307.20 | 1,145.30 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.71% | 1.20% | 1.56% | 2.93% | ‡‡‡‡‡ | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.97% | 3.76% | 4.54% | 6.35% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.68% | 8.33% | 10.72% | 20.64% | ‡‡‡‡ | — | — |
ROE
|
Trinity Industries (TRN) has clawed back from a brutal decade of railcar cycles, COVID carnage, and strategic overhauls, with revenue rebounding to $3.08 billion in 2024 after plunging to $1.5 billion lows. Aggressive moves—like slashing employees 70% to 2,890 and inferring a leasing unit sale—have turbocharged revenue per employee to $1.06 million and per-share metrics via 45% share reduction, while gross margins snapped back to 21.7%. Yet, this leaner machine still grapples with steel inflation scars and normalizing backlogs, as analysts forecast a 30% revenue drop in 2025.
Profitability flickers with promise—EBT margins hitting 7.2% in 2024, ROE at 10.7% eyeing 36.8% next year—but cash flows scream caution: persistent capex drag keeps FCF near breakeven, burdened by $5.7 billion debt despite 45% deleveraging. Valuation multiples have bloated (PE 20.9x, PB 2.20x), insiders show zero buys amid one EVP sell, and consensus targets imply 3-6% downside from recent closes.
TRN’s pivot to manufacturing purity offers 10-15% ROE upside if infrastructure tailwinds hold, mirroring post-2008 doublings, but weak FCF, cyclical traps, and absent conviction signal hidden pitfalls. Opportunists might snag 15-20% gains near targets, yet volatility demands steel nerves—dive deeper to gauge if this rebound is fortress or facade.
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