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Trinity Industries TRN Leasing & Services — D&A

Other segment segments

Rail Products Group
$6.9M-1.4%
Corporate Segment
$800K0.0%

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Other financials

Income statement

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Revenue$492.0M-16.0%
Gross profit$128.9M-9.4%
Operating income$101.1M+1.3%
Net income$24.2M+9.5%
EPS (diluted)$0.30+15.4%

Balance sheet

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Cash & equivalents$132.6M+39.7%
Total debt$5.4B-4.2%
Total equity$1.1B+2.4%
Total assets$8.3B-3.9%

Cash flow

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Operating cash flow$97.8M+27.8%
CapEx$6.3M-31.5%
Free cash flow$91.5M+36.0%

Valuation

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Market cap$2.79B+11.9%
Enterprise value$8.04B0.0%
P/E10.9×-7.3×
P/S1.4×+0.5×

Profitability

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Gross margin27.1%+4.5pp
Operating margin31.5%+14.8pp
Net margin12.4%+7.6pp
FCF margin16.4%-2.5pp

Returns & leverage

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Return on equity23.9%+10.9pp
Debt / equity-0.3×

Where this comes from

Reported directly by Trinity Industries in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Trinity Industries’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Trinity Industries's leasing & services — D&A?
Trinity Industries (TRN) reported leasing & services — D&A of $64.9M in Q1 2026.
How has Trinity Industries's leasing & services — D&A changed year-over-year?
Trinity Industries's leasing & services — D&A decreased by 2.4% year-over-year, from $66.5M to $64.9M.
What is the long-term trend for Trinity Industries's leasing & services — D&A?
Over 3 years (2022 to 2025), Trinity Industries's leasing & services — D&A has grown at a 3.2% compound annual growth rate (CAGR), from $249.3M to $273.8M.
What does leasing & services — D&A mean?
This represents the non-cash expense recognized during the period to allocate the cost of tangible and intangible assets over their useful lives within the leasing segment. It is a significant component of operating expenses for capital-intensive businesses like railcar leasing. Analyzing this metric helps investors understand the underlying cash flow generation capacity by adjusting for non-cash accounting charges.