Trinity Industries (TRN) Dividend Coverage Ratio (2009 - 2026)
Trinity Industries' (TRN) Dividend Coverage Ratio was 0.71 for Q3 2026, down 43.5% from 1.25 a year earlier and down 81.5% from the prior quarter.
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Analysis
Trinity Industries (TRN) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Trinity Industries' Dividend Coverage Ratio came in at 3.28, up 236.3% year-over-year; for FY2025, it was 2.56, up 72.7% from FY2024.
- Dividend Coverage Ratio has increased for three consecutive years.
- By year, Dividend Coverage Ratio came in at 1.48 in FY2024 (+20.5%), 1.23 in FY2023 (+57.7%), 0.78 in FY2022 (-62.0%) and 2.06 in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly Dividend Coverage Ratio since Q2 2025.
- Year over year, Dividend Coverage Ratio gained in three of the last eight quarters, with growth averaging 116.1%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q2 2026 (growth of 599.9%); the low point was Q2 2025 (a decline of 75.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 3.82 (Q2 2026), 0.98 (Q1 2026) and 7.74 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 4.39 |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 6.60 |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 3.14 |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | - |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | - |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 3.41 |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 2.41 |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 1.87 |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | - |
| 10 | Trinity Industries | 2.36 Bn | 1.72 Bn | 126.80 Mn | 0.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.71 |
| Jun 30, 2026 | 3.82 |
| Mar 31, 2026 | 0.98 |
| Dec 31, 2025 | 7.74 |
| Sep 30, 2025 | 1.25 |
| Jun 30, 2025 | 0.55 |
| Mar 31, 2025 | 0.90 |
| Dec 31, 2024 | 1.25 |
| Sep 30, 2024 | 1.37 |
| Jun 30, 2024 | 2.25 |
| Mar 31, 2024 | 1.03 |
| Dec 31, 2023 | 2.95 |
| Sep 30, 2023 | 1.02 |
| Jun 30, 2023 | 0.77 |
| Mar 31, 2023 | 0.21 |
| Dec 31, 2022 | 1.68 |
| Sep 30, 2022 | 1.36 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | -0.04 |
| Dec 31, 2021 | 6.70 |
API Access
Trinity Industries Dividend Coverage 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=dividend-coverage-ratio&ticker=TRN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=TRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();