Trinity Industries Inc (TRN) stock
TRNNYSERailroad EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 19/3063% below fair value
$30.54+0.36 (+1.19%)
Close on Nov 13, 2026Market cap $2.39BP/E 7.6Yield 3.96%
Trinity Industries gross margin
Gross margin is gross profit as a percentage of revenue.
Trinity Industries's gross margin for the twelve months ending Sep 30, 2026 was 24.6%. For fiscal 2025 it was 26.6%, against 21.7% the year before. The highest annual figure on record is 27.2% in fiscal 2015.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 26.6% | +4.9 |
| FY2024 | Dec 31, 2024 | 21.7% | +4.0 |
| FY2023 | Dec 31, 2023 | 17.7% | −0.9 |
| FY2022 | Dec 31, 2022 | 18.6% | −4.8 |
| FY2021 | Dec 31, 2021 | 23.4% | −0.8 |
| FY2020 | Dec 31, 2020 | 24.1% | +3.3 |
| FY2019 | Dec 31, 2019 | 20.9% | −1.9 |
| FY2018 | Dec 31, 2018 | 22.7% | −3.2 |
| FY2017 | Dec 31, 2017 | 26.0% | +0.8 |
| FY2016 | Dec 31, 2016 | 25.2% | −2.0 |
| FY2015 | Dec 31, 2015 | 27.2% | +2.0 |
| FY2014 | Dec 31, 2014 | 25.1% | +1.2 |
| FY2013 | Dec 31, 2013 | 23.9% | +3.9 |
| FY2012 | Dec 31, 2012 | 19.9% | +0.2 |
| FY2011 | Dec 31, 2011 | 19.8% | −3.0 |
| FY2010 | Dec 31, 2010 | 22.8% | +3.9 |
| FY2009 | Dec 31, 2009 | 18.8% | −1.8 |
| FY2008 | Dec 31, 2008 | 20.7% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 23.7% | −7.4 |
| Q2 FY2026 | Jun 30, 2026 | 22.7% | −3.7 |
| Q1 FY2026 | Mar 31, 2026 | 26.2% | +1.9 |
| Q4 FY2025 | Dec 31, 2025 | 25.5% | +0.8 |
| Q3 FY2025 | Sep 30, 2025 | 31.1% | +9.9 |
| Q2 FY2025 | Jun 30, 2025 | 26.4% | +5.1 |
| Q1 FY2025 | Mar 31, 2025 | 24.3% | +3.9 |
| Q4 FY2024 | Dec 31, 2024 | 24.6% | +4.5 |
| Q3 FY2024 | Sep 30, 2024 | 21.2% | +4.0 |
| Q2 FY2024 | Jun 30, 2024 | 21.3% | +4.5 |
| Q1 FY2024 | Mar 31, 2024 | 20.3% | +4.3 |
| Q4 FY2023 | Dec 31, 2023 | 20.2% | +3.1 |
| Q3 FY2023 | Sep 30, 2023 | 17.3% | −3.1 |
| Q2 FY2023 | Jun 30, 2023 | 16.8% | −5.1 |
| Q1 FY2023 | Mar 31, 2023 | 16.1% | +0.4 |
| Q4 FY2022 | Dec 31, 2022 | 17.1% | −3.4 |
| Q3 FY2022 | Sep 30, 2022 | 20.4% | +0.8 |
| Q2 FY2022 | Jun 30, 2022 | 21.9% | −9.2 |
| Q1 FY2022 | Mar 31, 2022 | 15.7% | −9.8 |
| Q4 FY2021 | Dec 31, 2021 | 20.4% | −8.8 |
| Q3 FY2021 | Sep 30, 2021 | 19.6% | −7.6 |
| Q2 FY2021 | Jun 30, 2021 | 31.1% | +9.4 |
| Q1 FY2021 | Mar 31, 2021 | 25.5% | +5.0 |
| Q4 FY2020 | Dec 31, 2020 | 29.3% | +8.6 |
| Q3 FY2020 | Sep 30, 2020 | 27.2% | +7.0 |
| Q2 FY2020 | Jun 30, 2020 | 21.7% | +0.3 |
| Q1 FY2020 | Mar 31, 2020 | 20.5% | −2.8 |
| Q4 FY2019 | Dec 31, 2019 | 20.7% | +1.0 |
| Q3 FY2019 | Sep 30, 2019 | 20.2% | −2.9 |
| Q2 FY2019 | Jun 30, 2019 | 21.4% | −2.6 |
| Q1 FY2019 | Mar 31, 2019 | 23.4% | −1.6 |
| Q4 FY2018 | Dec 31, 2018 | 19.7% | −6.3 |
| Q3 FY2018 | Sep 30, 2018 | 23.1% | −3.5 |
| Q2 FY2018 | Jun 30, 2018 | 24.0% | −0.3 |
| Q1 FY2018 | Mar 31, 2018 | 25.0% | −1.9 |
| Q4 FY2017 | Dec 31, 2017 | 25.9% | +2.1 |
| Q3 FY2017 | Sep 30, 2017 | 26.7% | – |
| Q2 FY2017 | Jun 30, 2017 | 24.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 26.9% | – |
| Q4 FY2016 | Dec 31, 2016 | 23.8% | – |
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