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Companies / Industrials / TRINITY INDUSTRIES INC
TRN

TRINITY INDUSTRIES INC

IndustrialsTransportation Equipment
Ticker TRNDALLAS, TXFiscal year ends DecemberBook value per share $13.97Diluted shares 81.8M

Trinity Industries, Inc. (NYSE: TRIN) operates as a leading provider of railcar products and services in North America through two primary reportable segments: the Railcar Leasing and Services Group and the Rail Products Group. The company markets its integrated platform under the TrinityRail brand, which also… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.16B
−30.0% year over year
Last 12 mo $2.04B
30.10%
+14.1 percentage points
Last 12 mo 36.96%
$277.30M
+76.5% year over year
Last 12 mo $353.30M
23.50%
+10.1 percentage points
Last 12 mo 29.69%
Cash & financing
$359.70M
−37.3% year over year
Last 12 mo $388.30M
$-435.20M
−1887.2% year over year
Last 12 mo $-351.30M
5.05
Was 5.37× a year earlier
Last 12 mo 4.57
82.9M
−1.5% year over year
Last 12 mo 81.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TRINITY INDUSTRIES INC does

In the company’s own words

Trinity Industries, Inc. (NYSE: TRIN) operates as a leading provider of railcar products and services in North America through two primary reportable segments: the Railcar Leasing and Services Group and the Rail Products Group. The company markets its integrated platform under the TrinityRail brand, which also encompasses RSI Logistics, a software and logistics solutions provider, and Holden America, a supplier of railcar parts and components. Trinity was incorporated in 1933 and maintains its principal executive offices in Dallas, Texas. The company's website is www.trin.net.

The Railcar Leasing and Services Group operates a substantial lease fleet of 101,485 railcars with 97.1% utilization as of December 31, 2025, serving industrial shippers and railroads across refined products and chemicals, energy, agriculture, construction and metals, and consumer products markets. Through wholly-owned subsidiaries including Trinity Industries Leasing Company and partially-owned entities, the group provides full-service operating leases, fleet maintenance and management services, and digital supply chain solutions. The Rail Products Group manufactures freight and tank railcars through facilities in the United States and Mexico, competing as a leading North American railcar manufacturer. This segment also offers sustainable railcar conversion programs and manufactures complementary parts and components.

Trinity employs approximately 6,110 people as of December 31, 2025, with roughly 2,650 employees in the United States and 3,460 in Mexico. The company's manufacturing operations depend significantly on steel and specialty components, with input costs representing more than 70% of typical railcar manufacturing costs. All railcar manufacturing and maintenance facilities in both countries, along with corporate headquarters, maintain ISO 45001 occupational health and safety and ISO 14001 environmental management certifications. Trinity competes primarily against five major railcar lessors and four major railcar manufacturers in North America. The company has established a Green Financing Framework supporting over $4 billion in outstanding railcar-related debt qualifying for green financing designation, reflecting its commitment to sustainable transportation solutions and environmental stewardship.

Company details
Sector
Industrials
Industry
Transportation Equipment
Headquarters
DALLAS, TX
Fiscal year end
December
CIK
99780
SIC
3743

Financial performance, year by year

Fiscal 2013–2025 · USD
$-888.09M$1.10B$3.08B$5.07B$7.05B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TRINITY INDUSTRIES INC — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

287
funds hold it
0 of 35
superinvestors hold it
$1.51B
held by funds, at market
56.2%
of shares held by funds

Largest fund holders · TRINITY INDUSTRIES INC’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.15%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.42%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.09%of fund net assets
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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