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Trinity Industries TRN Operating Income

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Segments

By segment

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Corporate Segment and Other Operating Segment-$111.6M+11.2%
Corporate Segment-$27.1M-2.3%
Rail Products Group$3.4M-61.8%

Other financials

Income statement

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Revenue$485.1M-4.2%
Gross profit$109.9M-17.6%
Net income$98.3M+597%
EPS (diluted)$1.20+606%

Balance sheet

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Cash & equivalents$155.7M+5.4%
Total debt$5.2B-10.8%
Total equity$1.1B+13.3%
Total assets$8.2B-6.6%

Cash flow

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Operating cash flow$68.9M+11.9%
CapEx$11.7M+34.5%
Free cash flow$57.2M+8.1%

Valuation

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Market cap$2.47B+13.1%
Enterprise value$7.54B-4.5%
P/E7.3×-15.3×
P/S1.2×+0.3×

Profitability

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Gross margin26.2%+2.4pp
Operating margin37%+19.9pp
Net margin16.6%+12.8pp
FCF margin16.8%+2.4pp

Returns & leverage

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Return on equity31.5%+22.2pp
Debt / equity4.6×-1.2×

Where this comes from

Reported directly by Trinity Industries in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Trinity Industries’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 12:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000099780-26-000119
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Gain on divestiture of partially-owned leasing subsidiary131.6131.6
Other1.23.62.15.3
141.011.4163.919.0
Total operating profit199.895.4300.9195.2
Other (income) expense:
Interest expense, net64.367.7129.7133.8
Other, net1.51.72.1(1.0)
65.869.4131.8132.8

Item 1. Financial Statements

FAQ

What is Trinity Industries's operating income?
Trinity Industries (TRN) reported operating income of $199.8M in Q2 2026.
How has Trinity Industries's operating income changed year-over-year?
Trinity Industries's operating income increased by 109.4% year-over-year, from $95.4M to $199.8M.
What is the long-term trend for Trinity Industries's operating income?
Over 4 years (2021 to 2025), Trinity Industries's operating income has grown at a 26.1% compound annual growth rate (CAGR), from $256.8M to $649.2M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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