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Trinity Industries TRN Leasing & Services — Selling, engineering, and administrative expenses

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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:SellingGeneralAndAdministrativeExpense.

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 — selling, engineering, and administrative expenses?
Trinity Industries (TRN) reported leasing & services — selling, engineering, and administrative expenses of $17.5M in Q1 2026.
How has Trinity Industries's leasing & services — selling, engineering, and administrative expenses changed year-over-year?
Trinity Industries's leasing & services — selling, engineering, and administrative expenses decreased by 6.4% year-over-year, from $18.7M to $17.5M.
What is the long-term trend for Trinity Industries's leasing & services — selling, engineering, and administrative expenses?
Over 3 years (2022 to 2025), Trinity Industries's leasing & services — selling, engineering, and administrative expenses has grown at a 2.6% compound annual growth rate (CAGR), from $59.1M to $63.9M.
What does leasing & services — selling, engineering, and administrative expenses mean?
This represents the overhead costs incurred to support the sales, engineering, and general administrative functions of the leasing and services segment. It includes personnel costs, office expenses, and other indirect costs necessary to manage the fleet and customer relationships. Monitoring this metric is critical for evaluating the operating leverage and cost management discipline of the segment.