Trinity Industries (TRN) Gross Margin (2009 - 2026)
Trinity Industries' (TRN) quarterly Gross Margin came in at 26.2% in Q1 2026, up 191.0% year-on-year from 9.0% in Q1 2025, and up 2.84% quarter-over-quarter from 25.47% in Q4 2025.
Trinity Industries (TRN) Gross Margin (2009 - 2026) Analysis & Trends
Trinity Industries has disclosed Gross Margin across 18 years of filings, most recently posting 26.2% for Q1 2026.
- Gross Margin for Q1 2026 came in at 26.2%, up 191.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.11% (up 449.0% YoY), and the FY2025 annual result was 26.55%, up 485.0% from the prior year.
- Gross Margin came in at 26.2% for Q1 2026 at Trinity Industries, up from 25.47% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 31.14% in Q3 2025 to a low of 15.7% in Q1 2022.
- The 5-year median for Gross Margin is 21.22% (2024), against an average of 21.55%.
- Across the five-year window, Gross Margin tumbled 982 bps in 2022 and soared 992 bps in 2025, its largest moves.
- Trinity Industries' Gross Margin stood at 17.08% in 2022, then increased by 18 bps to 20.17% in 2023, then increased by 22 bps to 24.63% in 2024, then advanced by 3 bps to 25.47% in 2025, then grew by 3 bps to 26.2% in 2026.
- The last three Gross Margin figures came in at 26.2% (Q1 2026), 25.47% (Q4 2025), and 31.14% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 152.26 Bn | 151.22 Bn | 5.85 Bn | 94.15% |
| 2 | Csx | 84.99 Bn | 83.89 Bn | 3.18 Bn | 91.33% |
| 3 | Norfolk Southern | 67.33 Bn | 65.99 Bn | 2.74 Bn | 91.46% |
| 4 | Canadian Pacific Kansas City | 56.27 Bn | 56.68 Bn | 2.36 Bn | 87.62% |
| 5 | Westinghouse Air Brake Technologies | 46.65 Bn | 46.16 Bn | 1.06 Bn | 35.97% |
| 6 | Trinity Industries | 2.76 Bn | 2.82 Bn | 128.90 Mn | 26.20% |
| 7 | Greenbrier Companies | 1.54 Bn | 1.05 Bn | 69.50 Mn | 11.83% |
| 8 | Foster L B | 438.47 Mn | 435.35 Mn | 25.70 Mn | 21.21% |
| 9 | Rail Vision | 179.83 Mn | 159.33 Mn | 504,000.00 | 40.32% |
| 10 | FreightCar America | 178.32 Mn | 114.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.20% |
| Dec 31, 2025 | 25.47% |
| Sep 30, 2025 | 31.14% |
| Jun 30, 2025 | 26.35% |
| Mar 31, 2025 | 24.29% |
| Dec 31, 2024 | 24.63% |
| Sep 30, 2024 | 21.22% |
| Jun 30, 2024 | 21.27% |
| Mar 31, 2024 | 20.34% |
| Dec 31, 2023 | 20.17% |
| Sep 30, 2023 | 17.27% |
| Jun 30, 2023 | 16.78% |
| Mar 31, 2023 | 16.08% |
| Dec 31, 2022 | 17.08% |
| Sep 30, 2022 | 20.40% |
| Jun 30, 2022 | 21.88% |
| Mar 31, 2022 | 15.70% |
| Dec 31, 2021 | 20.44% |
| Sep 30, 2021 | 19.63% |
| Jun 30, 2021 | 31.09% |