Trinity Industries (TRN) Cost of Revenue (2009 - 2026)
Trinity Industries' Cost of Revenue was $375.2 million in Q2 2026, up 0.6% from $372.8 million a year earlier and up 3.3% from the prior quarter.
Trinity Industries (TRN) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trinity Industries' Cost of Revenue was $1.51 billion through Jun 30, 2026, down 21.5% year-over-year; for FY2025, it came in at $1.58 billion, down 34.3% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $2.41 billion in FY2024 (-1.8%), $2.46 billion in FY2023 (+52.6%), $1.61 billion in FY2022 (+38.6%) and $1.16 billion in FY2021 (-12.5%).
- Quarterly Cost of Revenue has moved between $312.7 million (Q3 2025) and $679.5 million (Q3 2023) over five years.
- Compared with a year earlier, Cost of Revenue was higher in 1 of the last eight quarters, with an average decline of 22.5%.
- The best year-over-year quarter for Cost of Revenue over five years was Q2 2023 (growth of 84.6%); the worst was Q3 2025 (a decline of 50.3%).
- Per Business Quant data, TRN's Cost of Revenue in the three quarters before Q2 2026 was $363.1 million (Q1 2026), $455.5 million (Q4 2025) and $312.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 12.78 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 5.21 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 7.95 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 5.68 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 3.51 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 2.04 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 2.22 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 3.82 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 2.40 Bn |
| 10 | Trinity Industries | 2.08 Bn | 1.53 Bn | 109.90 Mn | 375.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 375.20 Mn |
| Mar 31, 2026 | 363.10 Mn |
| Dec 31, 2025 | 455.50 Mn |
| Sep 30, 2025 | 312.70 Mn |
| Jun 30, 2025 | 372.80 Mn |
| Mar 31, 2025 | 443.20 Mn |
| Dec 31, 2024 | 474.40 Mn |
| Sep 30, 2024 | 629.30 Mn |
| Jun 30, 2024 | 662.40 Mn |
| Mar 31, 2024 | 644.90 Mn |
| Dec 31, 2023 | 637.00 Mn |
| Sep 30, 2023 | 679.50 Mn |
| Jun 30, 2023 | 601.20 Mn |
| Mar 31, 2023 | 538.50 Mn |
| Dec 31, 2022 | 490.20 Mn |
| Sep 30, 2022 | 395.30 Mn |
| Jun 30, 2022 | 325.60 Mn |
| Mar 31, 2022 | 398.50 Mn |
| Dec 31, 2021 | 375.70 Mn |
| Sep 30, 2021 | 337.40 Mn |
Trinity Industries Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TRN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();