Trinity Industries TRN
NYSE TRN
$25.22 +0.40 (+1.61%)
As of: Oct 21, 2026 · 3:59 PM EDT

Trinity Industries (TRN) Debt Ratio (2009 - 2026)

Updated

Trinity Industries' (TRN) Debt Ratio was 0.64 for Q4 2022, up 2.4% from 0.63 a year earlier and up 0.6% from the prior quarter.

Analysis

Trinity Industries (TRN) Debt Ratio (2009 - 2026) Analysis & Trends

Dating back to Q4 2010, Trinity Industries' Debt Ratio record includes 47 quarters.

  • Debt Ratio has increased for six consecutive years.
  • By year, Debt Ratio came in at 0.63 in FY2021 (+8.9%), 0.58 in FY2020 (+2.8%), 0.56 in FY2019 (+11.2%) and 0.50 in FY2018 (+48.5%).
  • The Q4 2022 figure ranks as the highest quarterly Debt Ratio in data going back to Q4 2010.
  • Year over year, Debt Ratio has now increased in each of the last 18 quarters, with growth averaging 6.8% over the last eight quarters.
  • The high point for year-over-year Debt Ratio in five years was Q1 2019 (growth of 56.1%); the low point was Q2 2018 (a decline of 0.3%).
  • Per Business Quant data, the three quarters before Q4 2022 came in at 0.64 (Q3 2022), 0.64 (Q2 2022) and 0.63 (Q1 2022).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Caterpillar 340.33 Bn 312.03 Bn 7.76 Bn 0.44
2 Amphenol 195.04 Bn 189.62 Bn 3.55 Bn 0.42
3 Deere 171.72 Bn 139.81 Bn 4.66 Bn 0.54
4 Eaton 152.74 Bn 149.93 Bn 2.86 Bn 0.37
5 Parker-Hannifin 120.82 Bn 118.95 Bn 2.25 Bn 0.28
6 Emerson Electric 91.30 Bn 84.04 Bn 2.66 Bn 0.31
7 3M 90.37 Bn 71.82 Bn 2.78 Bn 0.38
8 Vertiv Holdings 81.71 Bn 72.33 Bn 1.23 Bn 0.18
9 Illinois Tool Works 79.34 Bn 75.90 Bn 1.90 Bn 0.59
10 Trinity Industries 2.01 Bn 1.45 Bn 109.90 Mn 0.63
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.63
Mar 31, 2026 0.65
Dec 31, 2025 0.65
Sep 30, 2025 0.67
Jun 30, 2025 0.66
Mar 31, 2025 0.65
Dec 31, 2024 0.64
Sep 30, 2024 0.64
Jun 30, 2024 0.64
Mar 31, 2024 0.65
Dec 31, 2023 0.65
Sep 30, 2023 0.64
Jun 30, 2023 0.65
Mar 31, 2023 0.65
Dec 31, 2022 0.64
Sep 30, 2022 0.64
Jun 30, 2022 0.64
Mar 31, 2022 0.63
Dec 31, 2021 0.63
Sep 30, 2021 0.61
API Access

Trinity Industries Debt Ratio 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=debt-ratio&ticker=TRN&period=max&api_key=YOUR_API_KEY