Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North America. Its rail-related businesses market their railcar products and services under the trade name TrinityRail®. The TrinityRail platform provides railcar leasing and management services, as well as railcar manufacturing, maintenance and modifications. Trinity also owns businesses engaged in the manufacture of products used on the nation's roadways and in traffic control. Trinity reports its financial results in three principal business segments: the Railcar Leasing and Management Services Group, the Rail Products Group, and the All Other Group.
Company profile
Ticker
TRN
Exchange
Website
CEO
E. Jean Savage
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
CJB Prime Property, LLC • Heritage Aviation Services LLC • International Industrial Indemnity Company • RailPulse LLC • Reunion General Agency, Inc. • Trinity Argentina S.R.L. • TRN Services, LLC • HLA Engineers, Inc. • Vigilant Systems, Inc. • Trinity Industries Leasing Company ...
IRS number
750225040
TRN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
9 Mar 23
8-K
Regulation FD Disclosure
1 Mar 23
10-K
2022 FY
Annual report
21 Feb 23
8-K
Trinity Industries, Inc. Announces Fourth Quarter and Full Year 2022 Results
21 Feb 23
UPLOAD
Letter from SEC
11 Jan 23
CORRESP
Correspondence with SEC
20 Dec 22
UPLOAD
Letter from SEC
9 Dec 22
8-K
Regulation FD Disclosure
3 Nov 22
10-Q
2022 Q3
Quarterly report
25 Oct 22
8-K
Trinity Industries, Inc. Announces Third Quarter 2022 Results
25 Oct 22
Transcripts
TRN
Earnings call transcript
2022 Q4
21 Feb 23
TRN
Earnings call transcript
2022 Q3
25 Oct 22
TRN
Earnings call transcript
2022 Q2
27 Jul 22
TRN
Earnings call transcript
2022 Q1
28 Apr 22
TRN
Earnings call transcript
2021 Q4
17 Feb 22
TRN
Earnings call transcript
2021 Q3
21 Oct 21
TRN
Earnings call transcript
2021 Q2
22 Jul 21
TRN
Earnings call transcript
2021 Q1
22 Apr 21
TRN
Earnings call transcript
2020 Q4
24 Feb 21
TRN
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
4
Jean Savage
22 Mar 23
4
TODD MACLIN
21 Mar 23
4
Jean Savage
17 Mar 23
4
Jean Savage
21 Feb 23
SC 13G/A
Capital International Investors
13 Feb 23
SC 13G
PRUDENTIAL FINANCIAL INC
13 Feb 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G
JENNISON ASSOCIATES LLC
7 Feb 23
4
Eric R Marchetto
1 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 294.30 mm | 294.30 mm | 294.30 mm | 294.30 mm | 294.30 mm | 294.30 mm |
| Cash burn (monthly) | (no burn) | 675.00 k | (no burn) | (no burn) | (no burn) | 1.07 mm |
| Cash used (since last report) | n/a | 1.86 mm | n/a | n/a | n/a | 2.94 mm |
| Cash remaining | n/a | 292.44 mm | n/a | n/a | n/a | 291.36 mm |
| Runway (months of cash) | n/a | 433.2 | n/a | n/a | n/a | 273.2 |
Institutional ownership, Q4 2022
90.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 258 |
| Opened positions | 50 |
| Closed positions | 37 |
| Increased positions | 67 |
| Reduced positions | 90 |
| 13F shares | Current |
|---|---|
| Total value | 2.02 tn |
| Total shares | 73.45 mm |
| Total puts | 96.80 k |
| Total calls | 287.00 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 13.50 mm | $399.33 bn |
| Capital International Investors | 10.81 mm | $319.82 bn |
| Vanguard | 9.69 mm | $286.42 bn |
| Dimensional Fund Advisors | 5.98 mm | $178.40 bn |
| Jennison Associates | 4.42 mm | $130.79 bn |
| VA Partners I | 3.87 mm | $116.90 mm |
| STT State Street | 2.90 mm | $85.83 bn |
| Geode Capital Management | 1.48 mm | $44.21 bn |
| BK Bank Of New York Mellon | 1.25 mm | $36.96 bn |
| Charles Schwab Investment Management | 1.04 mm | $30.73 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 Mar 23 | Savage Jean | Common Stock | Buy | Acquire P | No | No | 23.19 | 4,300 | 99.72 k | 194,176 |
| 17 Mar 23 | Todd Maclin | Common Stock | Buy | Acquire P | No | No | 21.19 | 4,500 | 95.36 k | 27,548 |
| 15 Mar 23 | Savage Jean | Common Stock | Buy | Acquire P | No | No | 22.29 | 4,485 | 99.97 k | 189,876 |
| 17 Feb 23 | Savage Jean | Common Stock | Payment of exercise | Dispose F | No | No | 28.38 | 6,156 | 174.71 k | 185,391 |
| 30 Jan 23 | Marchetto Eric R | Common Stock | Payment of exercise | Dispose F | No | No | 27.79 | 4,048 | 112.49 k | 235,751 |
News
Susquehanna Maintains Neutral on Trinity Industries, Lowers Price Target to $26
7 Mar 23
Trinity Industries Earnings Perspective: Return On Invested Capital
22 Feb 23
Wells Fargo Maintains Overweight on Trinity Industries, Lowers Price Target to $30
22 Feb 23
Stephens & Co. Maintains Equal-Weight on Trinity Industries, Lowers Price Target to $26
22 Feb 23
Why CVRx Shares Are Trading Lower By 43%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
21 Feb 23
Press releases
RSI Logistics, Inc. Acquired by Trinity Industries, Inc.
10 Mar 23
Trinity Industries, Inc. Announces the Acquisition of RSI Logistics
9 Mar 23
Trinity Industries, Inc. Declares Quarterly Dividend
7 Mar 23
Trinity Industries, Inc. Announces Fourth Quarter and Full Year 2022 Results
21 Feb 23
Trinity Industries, Inc. Announces Date for Earnings Release
12 Jan 23