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 operating margin
Operating margin is operating income as a percentage of revenue.
Trinity Industries's operating margin for the twelve months ending Sep 30, 2026 was 34.5%. For fiscal 2025 it was 30.1%, against 16.0% the year before. The highest annual figure on record is 30.1% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 30.1% | +14.1 |
| FY2024 | Dec 31, 2024 | 16.0% | +2.0 |
| FY2023 | Dec 31, 2023 | 14.0% | −2.9 |
| FY2022 | Dec 31, 2022 | 16.9% | −0.0 |
| FY2021 | Dec 31, 2021 | 16.9% | +25.8 |
| FY2020 | Dec 31, 2020 | -8.8% | −23.3 |
| FY2019 | Dec 31, 2019 | 14.4% | +1.9 |
| FY2018 | Dec 31, 2018 | 12.6% | −2.8 |
| FY2017 | Dec 31, 2017 | 15.4% | −0.1 |
| FY2016 | Dec 31, 2016 | 15.5% | −7.0 |
| FY2015 | Dec 31, 2015 | 22.5% | +2.2 |
| FY2014 | Dec 31, 2014 | 20.3% | +2.6 |
| FY2013 | Dec 31, 2013 | 17.7% | +2.6 |
| FY2012 | Dec 31, 2012 | 15.1% | +0.6 |
| FY2011 | Dec 31, 2011 | 14.5% | −0.7 |
| FY2010 | Dec 31, 2010 | 15.2% | +16.5 |
| FY2009 | Dec 31, 2009 | -1.3% | −15.7 |
| FY2008 | Dec 31, 2008 | 14.4% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 17.9% | −8.3 |
| Q2 FY2026 | Jun 30, 2026 | 41.2% | +22.3 |
| Q1 FY2026 | Mar 31, 2026 | 20.5% | +3.5 |
| Q4 FY2025 | Dec 31, 2025 | 54.9% | +37.1 |
| Q3 FY2025 | Sep 30, 2025 | 26.1% | +10.8 |
| Q2 FY2025 | Jun 30, 2025 | 18.8% | +2.0 |
| Q1 FY2025 | Mar 31, 2025 | 17.0% | +2.8 |
| Q4 FY2024 | Dec 31, 2024 | 17.8% | −0.8 |
| Q3 FY2024 | Sep 30, 2024 | 15.3% | +3.1 |
| Q2 FY2024 | Jun 30, 2024 | 16.9% | +3.1 |
| Q1 FY2024 | Mar 31, 2024 | 14.2% | +3.5 |
| Q4 FY2023 | Dec 31, 2023 | 18.6% | −0.6 |
| Q3 FY2023 | Sep 30, 2023 | 12.2% | −6.5 |
| Q2 FY2023 | Jun 30, 2023 | 13.7% | −3.8 |
| Q1 FY2023 | Mar 31, 2023 | 10.8% | −0.8 |
| Q4 FY2022 | Dec 31, 2022 | 19.2% | +4.5 |
| Q3 FY2022 | Sep 30, 2022 | 18.7% | +0.0 |
| Q2 FY2022 | Jun 30, 2022 | 17.5% | −2.2 |
| Q1 FY2022 | Mar 31, 2022 | 11.6% | −4.0 |
| Q4 FY2021 | Dec 31, 2021 | 14.7% | +6.2 |
| Q3 FY2021 | Sep 30, 2021 | 18.7% | +2.5 |
| Q2 FY2021 | Jun 30, 2021 | 19.7% | +91.6 |
| Q1 FY2021 | Mar 31, 2021 | 15.6% | +3.4 |
| Q4 FY2020 | Dec 31, 2020 | 8.5% | −3.0 |
| Q3 FY2020 | Sep 30, 2020 | 16.1% | +1.3 |
| Q2 FY2020 | Jun 30, 2020 | -71.9% | −86.4 |
| Q1 FY2020 | Mar 31, 2020 | 12.2% | −3.0 |
| Q4 FY2019 | Dec 31, 2019 | 11.4% | −0.8 |
| Q3 FY2019 | Sep 30, 2019 | 14.8% | +2.4 |
| Q2 FY2019 | Jun 30, 2019 | 14.5% | +0.7 |
| Q1 FY2019 | Mar 31, 2019 | 15.2% | +3.5 |
| Q4 FY2018 | Dec 31, 2018 | 12.2% | −6.6 |
| Q3 FY2018 | Sep 30, 2018 | 12.4% | −3.6 |
| Q2 FY2018 | Jun 30, 2018 | 13.9% | −0.1 |
| Q1 FY2018 | Mar 31, 2018 | 11.6% | −0.5 |
| Q4 FY2017 | Dec 31, 2017 | 18.8% | +3.9 |
| Q3 FY2017 | Sep 30, 2017 | 16.0% | – |
| Q2 FY2017 | Jun 30, 2017 | 13.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 12.2% | – |
| Q4 FY2016 | Dec 31, 2016 | 14.8% | – |
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