Trinity Industries (TRN) Deferred Taxes (2009 - 2026)
Trinity Industries' Deferred Taxes was $11.7 million in Q3 2026, down 38.4% from $19 million a year earlier and down 59.7% from the prior quarter.
Trinity Industries (TRN) Deferred Taxes (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trinity Industries' Deferred Taxes was $110.6 million through Sep 30, 2026; for FY2025, it was $77.5 million.
- Deferred Taxes shows a five-year compound annual growth rate of -20.1% (FY2020 to FY2025).
- In earlier years, Deferred Taxes was -$22.1 million in FY2024, -$41.5 million in FY2023, $14.7 million in FY2022 (+12.2%) and $13.1 million in FY2021 (-94.5%).
- Quarterly Deferred Taxes has moved between -$20.6 million (Q4 2024) and $63.5 million (Q4 2025) over five years.
- Per Business Quant data, TRN's Deferred Taxes in the three quarters before Q3 2026 was $29 million (Q2 2026), $6.4 million (Q1 2026) and $63.5 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | -14.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | -38.20 Mn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 7.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | -49.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 24.00 Mn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 91.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | -5.00 Mn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 16.10 Mn |
| 10 | Trinity Industries | 2.36 Bn | 1.72 Bn | 126.80 Mn | 11.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.70 Mn |
| Jun 30, 2026 | 29.00 Mn |
| Mar 31, 2026 | 6.40 Mn |
| Dec 31, 2025 | 63.50 Mn |
| Sep 30, 2025 | 19.00 Mn |
| Jun 30, 2025 | 1.10 Mn |
| Mar 31, 2025 | -6.10 Mn |
| Dec 31, 2024 | -20.60 Mn |
| Sep 30, 2024 | -2.70 Mn |
| Jun 30, 2024 | 3.30 Mn |
| Mar 31, 2024 | -2.10 Mn |
| Dec 31, 2023 | -17.20 Mn |
| Sep 30, 2023 | -16.20 Mn |
| Jun 30, 2023 | 4.30 Mn |
| Mar 31, 2023 | -12.40 Mn |
| Dec 31, 2022 | -1.50 Mn |
| Sep 30, 2022 | 11.20 Mn |
| Jun 30, 2022 | 3.80 Mn |
| Mar 31, 2022 | 1.20 Mn |
| Dec 31, 2021 | 9.40 Mn |
Trinity Industries Deferred Taxes 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=deferred-taxes&ticker=TRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=TRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();