TRINITY INDUSTRIES INC (TRN) Fundamental Analysis & Valuation
NYSE:TRN • US8965221091
29.49 USD
-1.31 (-4.25%)
At close: Mar 12, 2026
27.73 USD
-1.76 (-5.97%)
After Hours: 3/12/2026, 8:13:50 PM
This TRN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, TRN scores 5 out of 10 in our fundamental rating. TRN was compared to 131 industry peers in the Machinery industry. While TRN is still in line with the averages on profitability rating, there are concerns on its financial health. TRN is not valued too expensively and it also shows a decent growth rate.
1. TRN Profitability Analysis
1.1 Basic Checks
- In the past year TRN was profitable.
- TRN had a positive operating cash flow in the past year.
- Each year in the past 5 years TRN has been profitable.
- TRN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- The Return On Assets of TRN (3.00%) is comparable to the rest of the industry.
- TRN has a better Return On Equity (23.50%) than 91.60% of its industry peers.
- The Return On Invested Capital of TRN (3.49%) is worse than 63.36% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for TRN is significantly below the industry average of 10.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 23.5% | ||
| ROIC | 3.49% |
ROA(3y)1.92%
ROA(5y)1.73%
ROE(3y)15.6%
ROE(5y)14.08%
ROIC(3y)3.55%
ROIC(5y)2.83%
1.3 Margins
- TRN's Profit Margin of 11.73% is fine compared to the rest of the industry. TRN outperforms 78.63% of its industry peers.
- TRN's Profit Margin has improved in the last couple of years.
- TRN has a better Operating Margin (16.62%) than 79.39% of its industry peers.
- TRN's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 26.55%, TRN perfoms like the industry average, outperforming 40.46% of the companies in the same industry.
- TRN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.62% | ||
| PM (TTM) | 11.73% | ||
| GM | 26.55% |
OM growth 3Y21.7%
OM growth 5Y4.82%
PM growth 3Y56.87%
PM growth 5YN/A
GM growth 3Y12.61%
GM growth 5Y1.57%
2. TRN Health Analysis
2.1 Basic Checks
- TRN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, TRN has less shares outstanding
- The number of shares outstanding for TRN has been reduced compared to 5 years ago.
- The debt/assets ratio for TRN is higher compared to a year ago.
2.2 Solvency
- TRN has an Altman-Z score of 0.85. This is a bad value and indicates that TRN is not financially healthy and even has some risk of bankruptcy.
- TRN's Altman-Z score of 0.85 is on the low side compared to the rest of the industry. TRN is outperformed by 76.34% of its industry peers.
- TRN has a Debt/Equity ratio of 5.05. This is a high value indicating a heavy dependency on external financing.
- TRN has a worse Debt to Equity ratio (5.05) than 88.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.05 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.85 |
ROIC/WACC0.48
WACC7.33%
2.3 Liquidity
- A Current Ratio of 1.90 indicates that TRN should not have too much problems paying its short term obligations.
- TRN has a Current ratio (1.90) which is in line with its industry peers.
- A Quick Ratio of 1.08 indicates that TRN should not have too much problems paying its short term obligations.
- TRN's Quick ratio of 1.08 is on the low side compared to the rest of the industry. TRN is outperformed by 64.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.08 |
3. TRN Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 77.71% over the past year.
- The Earnings Per Share has been growing by 55.69% on average over the past years. This is a very strong growth
- TRN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -29.95%.
- Measured over the past years, TRN shows a small growth in Revenue. The Revenue has been growing by 1.53% on average per year.
EPS 1Y (TTM)77.71%
EPS 3Y48.48%
EPS 5Y55.69%
EPS Q2Q%484.62%
Revenue 1Y (TTM)-29.95%
Revenue growth 3Y2.94%
Revenue growth 5Y1.53%
Sales Q2Q%-2.89%
3.2 Future
- Based on estimates for the next years, TRN will show a very negative growth in Earnings Per Share. The EPS will decrease by -15.47% on average per year.
- TRN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.04% yearly.
EPS Next Y-37.48%
EPS Next 2Y-15.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.85%
Revenue Next 2Y9.04%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. TRN Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 9.48, the valuation of TRN can be described as very reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of TRN indicates a rather cheap valuation: TRN is cheaper than 95.42% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.71. TRN is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 15.17, TRN is valued correctly.
- Based on the Price/Forward Earnings ratio, TRN is valued cheaper than 81.68% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 23.82. TRN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.48 | ||
| Fwd PE | 15.17 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TRN is valued a bit cheaper than the industry average as 74.81% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.61 |
4.3 Compensation for Growth
- The decent profitability rating of TRN may justify a higher PE ratio.
- TRN's earnings are expected to decrease with -15.47% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y-15.47%
EPS Next 3YN/A
5. TRN Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 3.74%, TRN has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.13, TRN pays a better dividend. On top of this TRN pays more dividend than 95.42% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, TRN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
5.2 History
- The dividend of TRN is nicely growing with an annual growth rate of 8.97%!
- TRN has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of TRN decreased in the last 3 years.
Dividend Growth(5Y)8.97%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 39.00% of the earnings are spent on dividend by TRN. This is a low number and sustainable payout ratio.
DP39%
EPS Next 2Y-15.47%
EPS Next 3YN/A
TRN Fundamentals: All Metrics, Ratios and Statistics
29.49
-1.31 (-4.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-12 2026-02-12/bmo
Earnings (Next)04-29 2026-04-29
Inst Owners90.74%
Inst Owner Change1.36%
Ins Owners1.25%
Ins Owner Change0%
Market Cap2.35B
Revenue(TTM)2.16B
Net Income(TTM)253.10M
Analysts46.67
Price Target34.17 (15.87%)
Short Float %3.85%
Short Ratio3.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
Yearly Dividend1.22
Dividend Growth(5Y)8.97%
DP39%
Div Incr Years2
Div Non Decr Years2
Ex-Date01-15 2026-01-15 (0.31)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.35%
Min EPS beat(2)-4.85%
Max EPS beat(2)-1.85%
EPS beat(4)0
Avg EPS beat(4)-14.89%
Min EPS beat(4)-39.89%
Max EPS beat(4)-1.85%
EPS beat(8)3
Avg EPS beat(8)10.81%
EPS beat(12)4
Avg EPS beat(12)0.91%
EPS beat(16)5
Avg EPS beat(16)-5.23%
Revenue beat(2)1
Avg Revenue beat(2)-4.76%
Min Revenue beat(2)-15.59%
Max Revenue beat(2)6.08%
Revenue beat(4)1
Avg Revenue beat(4)-8.14%
Min Revenue beat(4)-16.54%
Max Revenue beat(4)6.08%
Revenue beat(8)4
Avg Revenue beat(8)-0.78%
Revenue beat(12)8
Avg Revenue beat(12)2.52%
Revenue beat(16)8
Avg Revenue beat(16)-3.4%
PT rev (1m)17.54%
PT rev (3m)31.37%
EPS NQ rev (1m)-14.52%
EPS NQ rev (3m)-11.67%
EPS NY rev (1m)13.24%
EPS NY rev (3m)24.19%
Revenue NQ rev (1m)-13.57%
Revenue NQ rev (3m)-16.5%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.48 | ||
| Fwd PE | 15.17 | ||
| P/S | 1.09 | ||
| P/FCF | N/A | ||
| P/OCF | 6.55 | ||
| P/B | 2.19 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | 11.61 |
EPS(TTM)3.11
EY10.55%
EPS(NY)1.94
Fwd EY6.59%
FCF(TTM)-5.45
FCFYN/A
OCF(TTM)4.51
OCFY15.28%
SpS27.02
BVpS13.49
TBVpS10.72
PEG (NY)N/A
PEG (5Y)0.17
Graham Number30.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 23.5% | ||
| ROCE | 4.56% | ||
| ROIC | 3.49% | ||
| ROICexc | 3.58% | ||
| ROICexgc | 3.89% | ||
| OM | 16.62% | ||
| PM (TTM) | 11.73% | ||
| GM | 26.55% | ||
| FCFM | N/A |
ROA(3y)1.92%
ROA(5y)1.73%
ROE(3y)15.6%
ROE(5y)14.08%
ROIC(3y)3.55%
ROIC(5y)2.83%
ROICexc(3y)3.64%
ROICexc(5y)2.89%
ROICexgc(3y)3.89%
ROICexgc(5y)3.08%
ROCE(3y)4.64%
ROCE(5y)3.7%
ROICexgc growth 3Y27.88%
ROICexgc growth 5Y7.98%
ROICexc growth 3Y27.64%
ROICexc growth 5Y7.67%
OM growth 3Y21.7%
OM growth 5Y4.82%
PM growth 3Y56.87%
PM growth 5YN/A
GM growth 3Y12.61%
GM growth 5Y1.57%
F-Score7
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.05 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.2 | ||
| Cap/Depr | 260.54% | ||
| Cap/Sales | 36.85% | ||
| Interest Coverage | 1.31 | ||
| Cash Conversion | 54.21% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 0.85 |
F-Score7
WACC7.33%
ROIC/WACC0.48
Cap/Depr(3y)235.16%
Cap/Depr(5y)254.02%
Cap/Sales(3y)26.67%
Cap/Sales(5y)33.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)77.71%
EPS 3Y48.48%
EPS 5Y55.69%
EPS Q2Q%484.62%
EPS Next Y-37.48%
EPS Next 2Y-15.47%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-29.95%
Revenue growth 3Y2.94%
Revenue growth 5Y1.53%
Sales Q2Q%-2.89%
Revenue Next Year2.85%
Revenue Next 2Y9.04%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-17.13%
EBIT growth 3Y25.27%
EBIT growth 5Y6.42%
EBIT Next Year23.25%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1887.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-37.31%
OCF growth 3YN/A
OCF growth 5Y-11.21%
TRINITY INDUSTRIES INC / TRN FAQ
What is the ChartMill fundamental rating of TRINITY INDUSTRIES INC (TRN) stock?
ChartMill assigns a fundamental rating of 5 / 10 to TRN.
Can you provide the valuation status for TRINITY INDUSTRIES INC?
ChartMill assigns a valuation rating of 5 / 10 to TRINITY INDUSTRIES INC (TRN). This can be considered as Fairly Valued.
Can you provide the profitability details for TRINITY INDUSTRIES INC?
TRINITY INDUSTRIES INC (TRN) has a profitability rating of 6 / 10.
Can you provide the financial health for TRN stock?
The financial health rating of TRINITY INDUSTRIES INC (TRN) is 2 / 10.
How sustainable is the dividend of TRINITY INDUSTRIES INC (TRN) stock?
The dividend rating of TRINITY INDUSTRIES INC (TRN) is 6 / 10 and the dividend payout ratio is 39%.