# Trinity Industries Inc: financial statements, quarterly

TRN · NYSE · CIK 99780 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/trn.md) · [Financials](/companies/trn/financials.md) · [Filings](/companies/trn/filings.md) · [Insiders](/companies/trn/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/trn/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [821](/filings/0000099780-25-000015.md) | [798](/filings/0000099780-25-000015.md) | [810](/filings/0000099780-26-000014.md) | [841](/filings/0000099780-26-000014.md) | [799](/filings/0000099780-26-000014.md) | [629](/filings/0000099780-26-000014.md) | [585](/filings/0000099780-26-000037.md) | [506](/filings/0000099780-26-000119.md) | [454](/filings/0000099780-26-000014.md) | [611](/filings/0000099780-26-000014.md) | [492](/filings/0000099780-26-000037.md) | [485](/filings/0000099780-26-000119.md) |
| Cost of revenue | $m | [680](/filings/0000099780-25-000015.md) | [637](/filings/0000099780-25-000015.md) | [645](/filings/0000099780-26-000014.md) | [662](/filings/0000099780-26-000014.md) | [629](/filings/0000099780-26-000014.md) | [474](/filings/0000099780-26-000014.md) | [443](/filings/0000099780-26-000037.md) | [373](/filings/0000099780-26-000119.md) | [313](/filings/0000099780-26-000014.md) | [456](/filings/0000099780-26-000014.md) | [363](/filings/0000099780-26-000037.md) | [375](/filings/0000099780-26-000119.md) |
| Selling, general and administrative | $m | [49.1](/filings/0000099780-25-000015.md) | [48.6](/filings/0000099780-25-000015.md) | [52.3](/filings/0000099780-26-000014.md) | [61.3](/filings/0000099780-26-000014.md) | [60.5](/filings/0000099780-26-000014.md) | [61.6](/filings/0000099780-26-000014.md) | [50.0](/filings/0000099780-26-000037.md) | [49.4](/filings/0000099780-26-000119.md) | [45.2](/filings/0000099780-26-000014.md) | [69.7](/filings/0000099780-26-000014.md) | [50.7](/filings/0000099780-26-000037.md) | [51.1](/filings/0000099780-26-000119.md) |
| Operating income | $m | [100](/filings/0000099780-25-000015.md) | [149](/filings/0000099780-25-000015.md) | [115](/filings/0000099780-26-000014.md) | [142](/filings/0000099780-26-000014.md) | [122](/filings/0000099780-26-000014.md) | [112](/filings/0000099780-26-000014.md) | [99.8](/filings/0000099780-26-000037.md) | [95.4](/filings/0000099780-26-000119.md) | [119](/filings/0000099780-26-000014.md) | [335](/filings/0000099780-26-000014.md) | [101](/filings/0000099780-26-000037.md) | [200](/filings/0000099780-26-000119.md) |
| Interest expense | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Income tax | $m | [6.0](/filings/0000099780-25-000015.md) | [7.1](/filings/0000099780-25-000015.md) | [11.0](/filings/0000099780-26-000014.md) | [17.1](/filings/0000099780-26-000014.md) | [15.6](/filings/0000099780-26-000014.md) | [6.7](/filings/0000099780-26-000014.md) | [7.4](/filings/0000099780-26-000037.md) | [4.1](/filings/0000099780-26-000119.md) | [11.1](/filings/0000099780-26-000014.md) | [68.3](/filings/0000099780-26-000014.md) | [8.5](/filings/0000099780-26-000037.md) | [31.8](/filings/0000099780-26-000119.md) |
| Net income | $m | [21.8](/filings/0000099780-25-000015.md) | [62.8](/filings/0000099780-25-000015.md) | [23.7](/filings/0000099780-26-000014.md) | [54.4](/filings/0000099780-26-000014.md) | [31.4](/filings/0000099780-26-000014.md) | [28.9](/filings/0000099780-26-000014.md) | [22.1](/filings/0000099780-26-000037.md) | [14.1](/filings/0000099780-26-000119.md) | [30.3](/filings/0000099780-26-000014.md) | [187](/filings/0000099780-26-000014.md) | [24.2](/filings/0000099780-26-000037.md) | [98.3](/filings/0000099780-26-000119.md) |
| Diluted EPS | $ per share | [0.26](/filings/0000099780-25-000015.md) | [0.75](/filings/0000099780-25-000015.md) | [0.28](/filings/0000099780-26-000014.md) | [0.65](/filings/0000099780-26-000014.md) | [0.37](/filings/0000099780-26-000014.md) | [0.34](/filings/0000099780-26-000014.md) | [0.26](/filings/0000099780-26-000037.md) | [0.17](/filings/0000099780-26-000119.md) | [0.37](/filings/0000099780-26-000014.md) | [2.28](/filings/0000099780-26-000014.md) | [0.30](/filings/0000099780-26-000037.md) | [1.20](/filings/0000099780-26-000119.md) |
| Basic EPS | $ per share | [0.27](/filings/0000099780-25-000015.md) | [0.77](/filings/0000099780-25-000015.md) | [0.29](/filings/0000099780-26-000014.md) | [0.66](/filings/0000099780-26-000014.md) | [0.38](/filings/0000099780-26-000014.md) | [0.35](/filings/0000099780-26-000014.md) | [0.27](/filings/0000099780-26-000037.md) | [0.17](/filings/0000099780-26-000119.md) | [0.38](/filings/0000099780-26-000014.md) | [2.34](/filings/0000099780-26-000014.md) | [0.30](/filings/0000099780-26-000037.md) | [1.23](/filings/0000099780-26-000119.md) |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: not reported
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [114](/filings/0000099780-23-000143.md) | [106](/filings/0000099780-25-000015.md) | [119](/filings/0000099780-24-000055.md) | [257](/filings/0000099780-24-000130.md) | [222](/filings/0000099780-24-000146.md) | [228](/filings/0000099780-26-000014.md) | [94.9](/filings/0000099780-25-000040.md) | [148](/filings/0000099780-25-000098.md) | [66.3](/filings/0000099780-25-000119.md) | [201](/filings/0000099780-26-000119.md) | [133](/filings/0000099780-26-000037.md) | [156](/filings/0000099780-26-000119.md) |
| Total assets | $m | [8,973](/filings/0000099780-23-000143.md) | [8,907](/filings/0000099780-25-000015.md) | [9,080](/filings/0000099780-24-000055.md) | [8,958](/filings/0000099780-24-000130.md) | [8,843](/filings/0000099780-24-000146.md) | [8,832](/filings/0000099780-26-000014.md) | [8,665](/filings/0000099780-25-000040.md) | [8,810](/filings/0000099780-25-000098.md) | [8,931](/filings/0000099780-25-000119.md) | [8,424](/filings/0000099780-26-000119.md) | [8,331](/filings/0000099780-26-000037.md) | [8,232](/filings/0000099780-26-000119.md) |
| Total liabilities | $m | [7,720](/filings/0000099780-23-000143.md) | [7,631](/filings/0000099780-25-000015.md) | [7,791](/filings/0000099780-24-000055.md) | [7,654](/filings/0000099780-24-000130.md) | [7,544](/filings/0000099780-24-000146.md) | [7,525](/filings/0000099780-26-000014.md) | [7,365](/filings/0000099780-25-000040.md) | [7,552](/filings/0000099780-25-000098.md) | [7,681](/filings/0000099780-25-000119.md) | [7,279](/filings/0000099780-26-000119.md) | [7,185](/filings/0000099780-26-000037.md) | [7,086](/filings/0000099780-26-000119.md) |
| Shareholders' equity | $m | [1,001](/filings/0000099780-23-000143.md) | [1,037](/filings/0000099780-25-000015.md) | [1,049](/filings/0000099780-24-000055.md) | [1,066](/filings/0000099780-24-000130.md) | [1,057](/filings/0000099780-24-000146.md) | [1,059](/filings/0000099780-26-000014.md) | [1,053](/filings/0000099780-25-000040.md) | [1,009](/filings/0000099780-25-000098.md) | [1,001](/filings/0000099780-25-000119.md) | [1,077](/filings/0000099780-26-000119.md) | [1,079](/filings/0000099780-26-000037.md) | [1,143](/filings/0000099780-26-000119.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Total assets: us-gaap:Assets
- Total liabilities: us-gaap:Liabilities
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [72.8 d](/filings/0000099780-24-000146.md) | [87.9 d](/filings/0000099780-26-000014.md) | [52.2](/filings/0000099780-25-000040.md) | [242 d](/filings/0000099780-25-000098.md) | [78.5 d](/filings/0000099780-25-000119.md) | [202 d](/filings/0000099780-26-000014.md) | [76.5](/filings/0000099780-26-000037.md) | [61.6 d](/filings/0000099780-26-000119.md) | [44.2 d](/filings/0000099780-25-000119.md) | [177 d](/filings/0000099780-26-000014.md) | [97.8](/filings/0000099780-26-000037.md) | [68.9 d](/filings/0000099780-26-000119.md) |
| Capital expenditure | $m | [8.6 d](/filings/0000099780-24-000146.md) | [11.9 d](/filings/0000099780-26-000014.md) | [4.6](/filings/0000099780-25-000040.md) | [11.3 d](/filings/0000099780-25-000098.md) | [16.4 d](/filings/0000099780-25-000119.md) | [21.5 d](/filings/0000099780-26-000014.md) | [9.2](/filings/0000099780-26-000037.md) | [8.7 d](/filings/0000099780-26-000119.md) | [8.9 d](/filings/0000099780-25-000119.md) | [18.8 d](/filings/0000099780-26-000014.md) | [6.3](/filings/0000099780-26-000037.md) | [11.7 d](/filings/0000099780-26-000119.md) |
| Dividends paid | $m | [21.4 d](/filings/0000099780-24-000146.md) | [21.3 d](/filings/0000099780-26-000014.md) | [23.0](/filings/0000099780-25-000040.md) | [24.2 d](/filings/0000099780-25-000098.md) | [22.9 d](/filings/0000099780-25-000119.md) | [23.1 d](/filings/0000099780-26-000014.md) | [24.6](/filings/0000099780-26-000037.md) | [25.8 d](/filings/0000099780-26-000119.md) | [24.2 d](/filings/0000099780-25-000119.md) | [24.1 d](/filings/0000099780-26-000014.md) | [24.8](/filings/0000099780-26-000037.md) | [25.7 d](/filings/0000099780-26-000119.md) |
| Share repurchases | $m | [0.0 d](/filings/0000099780-24-000146.md) | [0.0 d](/filings/0000099780-26-000014.md) | [0.0](/filings/0000099780-25-000040.md) | [0.9 d](/filings/0000099780-25-000098.md) | [6.0 d](/filings/0000099780-25-000119.md) | [13.8 d](/filings/0000099780-26-000014.md) | [8.2](/filings/0000099780-26-000037.md) | [30.8 d](/filings/0000099780-26-000119.md) | [19.9 d](/filings/0000099780-25-000119.md) | [12.4 d](/filings/0000099780-26-000014.md) | [7.2](/filings/0000099780-26-000037.md) | [13.1 d](/filings/0000099780-26-000119.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [83.3](/filings/0000099780-23-000143.md) | [83.2](/filings/0000099780-24-000055.md) | [83.4](/filings/0000099780-24-000130.md) | [83.5](/filings/0000099780-24-000146.md) | [83.5](/filings/0000099780-25-000040.md) | [84.1](/filings/0000099780-25-000098.md) | [84.1](/filings/0000099780-25-000119.md) | [83.8](/filings/0000099780-26-000037.md) | [82.9](/filings/0000099780-26-000119.md) | [81.9](/filings/0000099780-25-000119.md) | [81.9](/filings/0000099780-26-000037.md) | [81.6](/filings/0000099780-26-000119.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 79,669,486 at 2026-07-23, from the cover of the [10-Q filed 2026-07-30](/filings/0000099780-26-000119.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:21 ET. No prices; not investment advice.