# Trinity Industries Inc. (TRN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Road & Rail. Price $28.32, market value $2.3 billion.

## Valuation
- **P/E (trailing): 6.7×** (5-yr avg 19.5×, 3-yr avg 15.7×). Trinity Industries Inc. trades at 6.7× trailing earnings, well below its own five-year average of 19.5×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 12.7×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.15**. A PEG of 0.15 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.1×**. Each dollar of revenue is priced at 1.1×.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.1×**. Enterprise value is 7.1× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 15.2%** (5-yr avg 13.3%). Free cash flow equals 15.2% of the market value, in line with its five-year average of 13.3%. Above 5% is generally attractive.
- **Earnings yield: 14.9%**. The inverse of the P/E: 14.9% of the price is earned each year.

## Profitability
- **Operating margin: 37.0%**. 37.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 11.7%**. 11.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 23.5%**. 23.5% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 9.4%**. Return on all capital, debt included, is 9.4%.
- **Return on assets: 4.0%**. Each dollar of assets produces 4.0% of profit.

## Growth
- **Revenue growth (1 yr): -30.0%** (3-yr 2.9%/yr, 5-yr 4.3%/yr). Revenue fell 30.0% over the last year, against 4.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 86.0%** (3-yr 62.6%/yr). Earnings per share rose 86.0%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 5.05**. Debt is 5.05 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 5.0×**. It would take 5.0 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 0.88**. A Z-score of 0.88 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.38%** ($1.23 per share, trailing). Trinity Industries Inc. yields 4.38%, an income-level yield.
- **Payout ratio: 39%** (29% of free cash flow). 39% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 22**. 22 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 9.6%/yr** (1-yr 7.1%). The dividend has grown 9.6% a year over five years.

## Price and momentum
- **Total return (1 yr): 3.1%** (YTD 10.2%, 3-mo -12.8%). The shares are up 3.1% over twelve months including dividends.
- **From 52-week high: -26.1%** (14.4% above the low). Trading 26% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 32**. An RSI of 32 is neutral.
- **Beta (1 yr): 0.65** (volatility 35%). Beta of 0.65 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TRN · Page: https://foliofundamentals.com/stocks/trn

Not investment advice.