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Trinity Industries TRN Leasing & Services — Maintenance and compliance expense (5)

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Other financials

Income statement

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Revenue$485.1M-4.2%
Gross profit$109.9M-17.6%
Operating income$199.8M+109%
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:CostMaintenance.

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, 2026 / Railcar Leasing and Services GroupThree Months Ended June 30, 2026 / Rail Products GroupThree Months Ended June 30, 2026 / TotalThree Months Ended June 30, 2025 / Railcar Leasing and Services GroupThree Months Ended June 30, 2025 / Rail Products GroupThree Months Ended June 30, 2025 / Total
Less (1):
Rail Products Group cost of revenues (2)*247.4*277.9
Depreciation and amortization for Company-owned railcars (3)57.0*61.8*
Maintenance and compliance for Company-owned railcars (3)(4)42.2*43.1*
Selling, engineering, and administrative expenses16.37.613.96.7
Gains on lease portfolio sales(8.2)*(7.8)*
Gain on divestiture of partially-owned leasing subsidiary(131.6)**
Other segment items (5)81.10.172.8

Item 1. Financial Statements

FAQ

What is Trinity Industries's leasing & services — maintenance and compliance expense (5)?
Trinity Industries (TRN) reported leasing & services — maintenance and compliance expense (5) of $42.2M in Q2 2026.
How has Trinity Industries's leasing & services — maintenance and compliance expense (5) changed year-over-year?
Trinity Industries's leasing & services — maintenance and compliance expense (5) decreased by 2.1% year-over-year, from $43.1M to $42.2M.
What is the long-term trend for Trinity Industries's leasing & services — maintenance and compliance expense (5)?
Over 3 years (2022 to 2025), Trinity Industries's leasing & services — maintenance and compliance expense (5) has grown at a 12.9% compound annual growth rate (CAGR), from $112.1M to $161.3M.
What does leasing & services — maintenance and compliance expense (5) mean?
This metric captures the costs associated with maintaining the railcar fleet in good working order and ensuring compliance with safety and regulatory standards. These expenses are essential for preserving the value of the leased assets and meeting contractual service obligations. Rising costs relative to fleet size may indicate aging assets or increased regulatory requirements.

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