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Trinity Industries TRN · USD

Industrials · US listing · 🇺🇸 United States

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29.85

+1.43%

Close of 9 Nov 2026, in USD

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About Trinity Industries

From its filings with the US Securities and Exchange Commission

SEC filings

Trinity Industries is based in Dallas, Texas and is incorporated in Delaware. Its shares trade on NYSE under the ticker TRN. The SEC classifies its business as railroad equipment. In the fiscal year to 31 December 2025, it reported revenue of $2.16bn and net income of $253.1m. At that date it held total assets of $8.42bn and shareholders' equity of $1.08bn.

In its own words

Trinity Industries, Inc. and its consolidated subsidiaries (“Trinity,” “Company,” “we,” “our,” or “us”) own businesses that are leading providers of railcar products and services in North America. We market our railcar products and services under the trade name TrinityRail®. Our platform also includes the brands of RSI Logistics, a provider of software and logistics solutions, and Holden America, a supplier of railcar parts and components. Our platform provides railcar leasing and management services; railcar manufacturing; railcar maintenance and modifications; and other railcar logistics products and services.

Trinity was incorporated in 1933 and became a Delaware corporation in 1987. We are headquartered in Dallas, Texas, and our principal executive offices are located at 14221 N. Dallas Parkway, Suite 1100, Dallas, TX 75254-2957. Our telephone number is 214-631-4420, and our Internet website address is www.trin.net.

Railcar Leasing and Services Group. Our Railcar Leasing and Services Group ("Leasing Group") is a leading provider in North America of comprehensive railcar industry services. Through wholly-owned subsidiaries, including Trinity Industries Leasing Company ("TILC"), and a partially-owned subsidiary, TRIP Rail Holdings LLC (“TRIP Holdings”), we primarily offer full-service operating leases for freight and tank railcars. Previously, RIV 2013 Rail Holdings LLC ("RIV 2013") was a partially-owned subsidiary in the Leasing Group. In December 2025, as a result of a railcar partnership restructuring, RIV 2013 is now a wholly-owned subsidiary in the Leasing Group.

Quoted from its 10-K, filed 19 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Machinery
Listed since
22 May 1981
Employees
2,650
Website
trin.net ↗
Head office
14221 N DALLAS PARKWAY, DALLAS, TX, 75254
Incorporated in
DE
Classification
Railroad Equipment
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Leldon EcholsNon-Executive Independent Chairman of the Board$493,088
  • Ms. E. Jean SavagePresident, Chief Executive Officer, Director, since 2018$7.2m
  • Mr. Eric MarchettoExecutive Vice President, Chief Financial Officer$2.6m
  • Mr. Scott EwingExecutive Vice President, Chief Legal Officer$1.4m
  • Mr. Gregory MitchellExecutive Vice President - Leasing and Services$2.0m
  • Mr. Kevin PoetExecutive Vice President - Operations and Support Services$2.0m
  • Ms. Christina MaldonadoChief Accounting Officer, Vice President
  • Mr. Steven McdowellVice President and Chief Audit Executive$771,326
  • Mr. William AinsworthIndependent Director$256,339
  • Mr. Robert BiesterfeldIndependent Director$250,583
  • Mr. John DiezIndependent Director$255,506
  • Ms. Veena LakkundiIndependent Director$240,506

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
53
Environment
62
Social
56
Governance
40
Direct emissions (scope 1)
53,054 t
Energy emissions (scope 2)
50,850 t
Women in the workforce
14%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Trinity Industries Inc. has a diverse product portfolio, which includes railcars, railcar parts, and railcar leasing services. This allows the company to serve various segments of the rail transportation industry, providing a competitive advantage.
  • The company has a strong market presence and brand recognition in the railcar industry. Trinity Industries is one of the leading manufacturers of railcars in North America, known for its commitment to quality and reliability.
  • Trinity Industries has a vertically integrated business model, which means it can control the entire production process from manufacturing to leasing. This control over the supply chain allows the company to reduce costs, improve efficiency, and maintain a competitive edge.

Weaknesses

  • Trinity Industries heavily relies on the rail transportation industry. Any downturn in the industry, such as a decline in railcar demand or economic recession, could significantly impact the company's financial performance.
  • The company is vulnerable to regulatory changes and compliance requirements. Any changes in safety regulations or environmental standards can increase costs and restrict operations, posing challenges for Trinity Industries.
  • Trinity Industries faces strong competition from other manufacturers and leasing companies in the railcar industry. This intensifies the need for continuous innovation, marketing efforts, and strategic partnerships to maintain market share.

Opportunities

  • Trinity Industries can leverage emerging technologies, such as Internet of Things (IoT) and data analytics, to enhance railcar maintenance, improve operational efficiency, and offer value-added services to customers.
  • The company can explore international growth opportunities by expanding its presence in developing markets where rail infrastructure investments are increasing. This can help diversify revenue streams and reduce dependence on the North American market.
  • Increasing adoption of environmentally-friendly practices and regulations can create opportunities for Trinity Industries to develop and market eco-friendly railcars, attracting customers who prioritize sustainability and reducing carbon emissions.

Threats

  • Trade disputes and geopolitical uncertainties can impact Trinity Industries' international operations and export capabilities. Tariffs or restrictions on imports and exports can disrupt supply chains and increase costs.
  • Volatility in raw material prices, such as steel and aluminum, can affect Trinity Industries' cost structure and profitability. Fluctuations in these prices can make it challenging to forecast manufacturing costs accurately.
  • The COVID-19 pandemic has created uncertainty in the global economy and led to a decrease in rail transportation activity. This poses a threat to Trinity Industries' revenue and financial stability.

Sources and methodology

Data on this tab
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Chart on the Overview
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