Trinity Industries (TRN) Dividend Coverage Ratio (2009 - 2026)
Trinity Industries' (TRN) Dividend Coverage Ratio was 3.82 for Q2 2026, up 599.9% from 0.55 a year earlier and up 292.0% from the prior quarter.
Trinity Industries (TRN) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Trinity Industries' Dividend Coverage Ratio came in at 3.44, up 243.2% 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.
- Five-year quarterly Dividend Coverage Ratio spans a low of -0.04 in Q1 2022 and a high of 7.74 in Q4 2025.
- Year over year, Dividend Coverage Ratio has now increased in each of the last three quarters, with growth averaging 125.9% over the last eight quarters.
- 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 Q2 2026 came in at 0.98 (Q1 2026), 7.74 (Q4 2025) and 1.25 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 5.16 |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 5.76 |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 3.15 |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 2.31 |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 2.33 |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.76 |
| 10 | Trinity Industries | 2.13 Bn | 1.57 Bn | 109.90 Mn | 3.82 |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.52 |
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_KEY
import 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();