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Recent Updates — TRN

July 30, 2026View Source ↗

Trinity Industries reported second quarter 2026 earnings per share of $1.25, driven by a $132 million non-cash pre-tax gain from completing a railcar partnership transaction with Napier Park. Total revenues were $485 million, while year-to-date operating cash flow reached $172 million and net gains on lease portfolio sales totaled $30 million. The company delivered 1,570 railcars in the quarter, ending with a backlog of $1.6 billion, and maintained lease fleet utilization at 97.3%. Management reaffirmed its full-year EPS guidance range of $2.20 to $2.40 despite temporary operational challenges in Rail Products that compressed margins to 1.3%. Trinity Industries operates in the rail transportation sector, providing railcar leasing, manufacturing, and logistics services.

June 16, 2026View Source ↗

Trinity Industries, Inc. entered into a Third Amended and Restated Credit Agreement on June 12, 2026, providing for a $600.0 million unsecured revolving line of credit with a maturity date of June 12, 2031, or April 15, 2028, depending on the condition of the company's 7.750% senior notes due 2028. The facility includes a $100.0 million capacity for letters of credit and an option to increase commitments by up to $300.0 million. Trinity Industries, Inc. manufactures and leases rail transport equipment. }