Trinity Industries, Inc. provides rail transportation products and services in North America.
Average dividend payer and fair value.
Share Price & News
How has Trinity Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TRN exceeded the US Machinery industry which returned -0.6% over the past year.
Return vs Market: TRN underperformed the US Market which returned 9.9% over the past year.
Price Volatility Vs. Market
How volatile is Trinity Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StDoes Trinity Industries (NYSE:TRN) Have A Healthy Balance Sheet?
2 months ago | Simply Wall StTrade Alert: The President Of Trinity Industries, Inc. (NYSE:TRN), E. Savage, Has Just Spent US$74k Buying Shares
2 months ago | Simply Wall StAt US$21.00, Is Trinity Industries, Inc. (NYSE:TRN) Worth Looking At Closely?
Is Trinity Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TRN ($19.97) is trading above our estimate of fair value ($10.05)
Significantly Below Fair Value: TRN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TRN is good value based on its PE Ratio (9.1x) compared to the Machinery industry average (20x).
PE vs Market: TRN is good value based on its PE Ratio (9.1x) compared to the US market (15.7x).
Price to Earnings Growth Ratio
PEG Ratio: TRN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TRN is good value based on its PB Ratio (1.1x) compared to the US Machinery industry average (2x).
How is Trinity Industries forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRN's earnings are forecast to decline over the next 3 years (-60.6% per year).
Earnings vs Market: TRN's earnings are forecast to decline over the next 3 years (-60.6% per year).
High Growth Earnings: TRN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TRN's revenue is expected to decline over the next 3 years (-9.5% per year).
High Growth Revenue: TRN's revenue is forecast to decline over the next 3 years (-9.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TRN's Return on Equity is forecast to be high in 3 years time
How has Trinity Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRN has a large one-off gain of $33.8M impacting its March 31 2020 financial results.
Growing Profit Margin: TRN's current net profit margins (8.9%) are higher than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: TRN's earnings have declined by -26.9% per year over the past 5 years.
Accelerating Growth: TRN's earnings growth over the past year (122.1%) exceeds its 5-year average (-26.9% per year).
Earnings vs Industry: TRN earnings growth over the past year (122.1%) exceeded the Machinery industry -5.7%.
Return on Equity
High ROE: TRN's Return on Equity (11%) is considered low.
How is Trinity Industries's financial position?
Financial Position Analysis
Short Term Liabilities: TRN's short term assets ($1.4B) exceed its short term liabilities ($567.8M).
Long Term Liabilities: TRN's short term assets ($1.4B) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: TRN's debt to equity ratio (199.6%) is considered high.
Reducing Debt: TRN's debt to equity ratio has increased from 98.1% to 199.6% over the past 5 years.
Debt Coverage: TRN's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: TRN's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Trinity Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TRN's dividend (3.81%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: TRN's dividend (3.81%) is low compared to the top 25% of dividend payers in the US market (4.54%).
Stability and Growth of Payments
Stable Dividend: TRN's dividends per share have been stable in the past 10 years.
Growing Dividend: TRN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.9%), TRN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
E. Savage (54yo)
Ms. E. Jean Savage serves as President, Chief Executive Officer and Director at Trinity Industries, Inc. since February 17, 2020. She served as an Independent Director of Trinity Industries, Inc. since Nov ...
|Senior VP & CFO||0.17yr||US$2.11m||0.17% $4.0m|
|Senior VP & Chief Administrative Officer||0.17yr||US$1.83m||0.13% $3.1m|
|Senior VP & Chief Legal Officer||1.58yrs||US$1.94m||0.042% $995.4k|
|Executive VP of TrinityRail & President of TrinityRail Products||2.42yrs||US$2.09m||0.20% $4.8m|
|VP & Chief Accounting Officer||1.58yrs||no data||0.041% $956.3k|
|VP & Chief Information Officer||0.17yr||no data||no data|
|Vice President of Investor Relations & Communications||1.58yrs||no data||no data|
|VP & Chief Human Resources Officer||1.58yrs||no data||no data|
|President of TrinityRail Leasing & Management Services||no data||no data||0.037% $882.4k|
Experienced Management: TRN's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|Independent Director||6.25yrs||US$281.02k||no data|
|Independent Director||13.42yrs||US$310.61k||0.077% $1.8m|
|Independent Director||10.25yrs||US$261.02k||no data|
|Independent Non-Executive Chairman||1.25yrs||US$478.60k||0.030% $697.7k|
|Independent Director||1.58yrs||US$116.00k||0.0025% $57.9k|
|Independent Director||1.58yrs||US$250.02k||no data|
Experienced Board: TRN's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TRN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Trinity Industries, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Trinity Industries, Inc.
- Ticker: TRN
- Exchange: NYSE
- Founded: 1933
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$2.353b
- Shares outstanding: 117.83m
- Website: https://www.trin.net
Number of Employees
- Trinity Industries, Inc.
- 2525 North Stemmons Freeway
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRN||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Apr 1972|
|TTA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 1972|
|TRN *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Apr 1972|
Trinity Industries, Inc. provides rail transportation products and services in North America. It operates through three segments: Railcar Leasing and Management Services Group, Rail Products Group, and All Other. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investor-owned fund; and provides fleet maintenance and management services to industrial shippers. As of December 31, 2019, it had a fleet of 103,705 owned or leased railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The All Other segment manufactures guardrail, crash cushions, and other highway barriers; and engages in the logistics and other peripheral businesses. The company sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 03:21|
|End of Day Share Price||2020/05/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.