Trinity Capital (TRIN) Operating Margin (2021 - 2024)
Trinity Capital (TRIN) posted Operating Margin of 64.74% for Q4 2024, up 63.89% on a QoQ basis from 39.5% in Q3 2024, and up 2773.0% year-over-year from 2.25% in Q1 2024.
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Trinity Capital (TRIN) Operating Margin (2021 - 2024) Analysis & Trends
Trinity Capital has reported Operating Margin for 4 years, with the latest figure at 64.74% in Q4 2024.
- On a quarterly basis, Operating Margin rose 2773.0% year-over-year to 64.74% in Q4 2024; TTM through Dec 2024 was 48.63%, a 635.0% increase from a year earlier, with the FY2024 full-year figure at 48.63%, up 635.0% from the prior year.
- Operating Margin was 64.74% for Q4 2024 at Trinity Capital, up from 39.5% in the prior quarter.
- The five-year high for Operating Margin was 233.46% in Q4 2021, with the low at 31.02% in Q3 2022.
- Average Operating Margin over 4 years is 45.13%, with a median of 38.26% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Margin plunged 23729 bps in 2022, then jumped 8260 bps in 2023.
- Over 4 years, Operating Margin stood at 233.46% in 2021, then sank by 102 bps to 3.83% in 2022, then jumped by 1067 bps to 37.01% in 2023, then surged by 75 bps to 64.74% in 2024.
- The last three Operating Margin figures came in at 64.74% (Q4 2024), 39.5% (Q3 2024), and 56.42% (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 47.79% |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 55.61% |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 44.07% |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 62.71% |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 41.14% |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 62.31% |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | - |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 45.39% |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 8.79% |
| 10 | Trinity Capital | 1.71 Bn | 1.69 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 64.74% |
| Sep 30, 2024 | 39.50% |
| Jun 30, 2024 | 56.42% |
| Mar 31, 2024 | 28.76% |
| Dec 31, 2023 | 37.01% |
| Sep 30, 2023 | 36.22% |
| Jun 30, 2023 | 43.18% |
| Mar 31, 2023 | 54.13% |
| Dec 31, 2022 | -3.83% |
| Sep 30, 2022 | -31.02% |
| Jun 30, 2022 | -23.08% |
| Mar 31, 2022 | -28.47% |
| Dec 31, 2021 | 233.46% |
| Sep 30, 2021 | 124.74% |