Trinity Industries (TRN)

Axium Equipment, LLC • Bay Worx Industries, LLC • CJB Prime Property, LLC • FreightLucid, LLC • Heritage Aviation Services LLC • Holden America IL, LLC • Holden Sales & Service, LLC • International Industrial Indemnity Company • McConway & Torley – Anniston, Inc. • MCM Railyard, LLC ...

IRS number

750225040

TRN stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$37.00

Low target

$35.00

High target

$39.00

Latest filings (excl ownership)

View all

31 Oct 24

Trinity Industries, Inc. Announces Third Quarter 2024 Results

31 Oct 24

8-K

Amendments to Articles of Incorporation or Bylaws

1 Aug 24

Trinity Industries, Inc. Announces Second Quarter 2024 Results

1 Aug 24

8-K

Regulation FD Disclosure

25 Jun 24

8-K

Trinity Industries, Inc. Announces Pricing of Offering of $200.0 Million of Additional 7.750% Senior Notes Due 2028

5 Jun 24

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

4 Jun 24

8-K

Entry into a Material Definitive Agreement

23 May 24

Conflict minerals disclosure

23 May 24

Transcripts

View all

TRN

Earnings call transcript

2024 Q3

31 Oct 24

TRN

Earnings call transcript

2024 Q1

1 May 24

TRN

Earnings call transcript

2023 Q4

22 Feb 24

TRN

Earnings call transcript

2023 Q3

2 Nov 23

TRN

Earnings call transcript

2023 Q2

1 Aug 23

TRN

Earnings call transcript

2023 Q2

1 Aug 23

TRN

Earnings call transcript

2023 Q1

2 May 23

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

Latest ownership filings

View all

Gregory B Mitchell

19 Nov 24

144

Notice of proposed sale of securities

15 Nov 24

SC 13G/A

Capital International Investors

Robert C Biesterfeld Jr

1 Oct 24

Jean Savage

12 Sep 24

Christina N Maldonado

2 Jul 24

TODD MACLIN

2 Jul 24

Robert C Biesterfeld Jr

2 Jul 24

Financial summary

Financial statements Chart TRN financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
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)	332.40 mm	332.40 mm	332.40 mm	332.40 mm	332.40 mm	332.40 mm
Cash burn (monthly)	10.60 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	29.59 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	302.81 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	28.6	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

TRN institutional ownership history Ownership history

90.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	284	234	+21.4%
Opened positions	75	57	+31.6%
Closed positions	25	43	-41.9%
Increased positions	82	54	+51.9%
Reduced positions	82	76	+7.9%

13F shares	Current	Prev Q	Change
Total value	2.05 tn	1.73 tn	+18.2%
Total shares	73.94 mm	67.75 mm	+9.1%
Total puts	171.10 k	90.10 k	+89.9%
Total calls	226.20 k	45.80 k	+393.9%
Total put/call ratio	0.8	2.0	-61.5%

Largest owners	Shares	Value	Change
BLK BlackRock	13.39 mm	$400.67 bn	-3.4%
Vanguard	9.65 mm	$288.80 bn	-0.0%
Capital International Investors	7.22 mm	$215.94 bn	-16.8%
Dimensional Fund Advisors	5.81 mm	$173.81 bn	-2.2%
VA Partners I	3.87 mm	$116.90 mm	0.0%
Jennison Associates	3.57 mm	$106.85 bn	+0.8%
STT State Street	3.15 mm	$94.33 bn	-0.9%
Geode Capital Management	1.82 mm	$54.58 bn	+1.8%
Encompass Capital Advisors	1.35 mm	$40.53 bn	NEW
Charles Schwab Investment Management	1.34 mm	$40.06 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Capital International Investors	7.22 mm	-1.45 mm	-16.8%
Encompass Capital Advisors	1.35 mm	+1.35 mm	NEW
Charles Schwab Investment Management	1.34 mm	+1.34 mm	NEW
MIRAE ASSET GLOBAL ETFS	864.19 k	+864.19 k	NEW
Millennium Management	823.04 k	+823.04 k	NEW
American Century Companies	1.05 mm	+604.05 k	+136.2%
Mirae Asset Global Investments	0.00	-484.50 k	EXIT
BLK BlackRock	13.39 mm	-466.01 k	-3.4%
Orchard Capital Managment	378.15 k	+378.15 k	NEW
Deutsche Bank AG - Registered Shares	409.21 k	+365.75 k	+841.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TRN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Nov 24	Gregory B Mitchell	Common Stock	Sell	Dispose S	No	No	37.15	20,510	761.95 k	121,165
30 Sep 24	Todd Maclin	Trinity Phantom Stock Units Common Stock	Grant	Acquire A	No	No	34.84	0	0.00	18,673
30 Sep 24	Echols Leldon E	Trinity Phantom Stock Units Common Stock	Grant	Acquire A	No	No	34.84	0	0.00	70,939
30 Sep 24	Robert C Biesterfeld Jr	Trinity Phantom Stock Units Common Stock	Grant	Acquire A	No	No	34.84	0	0.00	8,032
11 Sep 24	Savage Jean	Common Stock	Gift	Acquire G	Yes	No	0	249,606	0.00	249,606
11 Sep 24	Savage Jean	Common Stock	Gift	Dispose G	No	No	0	249,606	0.00	156,402