Trinity Industries (TRN) Gross Margin (2009 - 2026)
Trinity Industries (TRN) posted Gross Margin of 22.66% for Q2 2026, down 13.53% sequentially from 26.2% in Q1 2026, and down 370.0% YoY from 8.39% in Q2 2025.
Trinity Industries (TRN) Gross Margin (2009 - 2026) Analysis & Trends
Trinity Industries has reported Gross Margin for 18 years, with the latest figure at 22.66% in Q2 2026.
- Quarterly Gross Margin fell 370.0% year-over-year to 22.66% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 26.24% (up 242.0% YoY) and the FY2025 annual result came in at 26.55%, up 485.0% from the prior year.
- Gross Margin declined to 22.66% in Q2 2026 per TRN's latest filing, from 26.2% in the prior quarter.
- Over five years, Gross Margin peaked at 31.14% in Q3 2025 and troughed at 15.7% in Q1 2022.
- A 5-year average of 21.61% and a median of 21.25% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2025: Gross Margin tumbled 982 bps in 2022, then surged 992 bps in 2025.
- Over 5 years, Gross Margin stood at 17.08% in 2022, then gained by 18 bps to 20.17% in 2023, then gained by 22 bps to 24.63% in 2024, then grew by 3 bps to 25.47% in 2025, then slipped by 11 bps to 22.66% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 22.66%, 26.2%, and 25.47% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 180.52 Bn | 178.40 Bn | 6.50 Bn | 94.73% |
| 2 | Csx | 94.59 Bn | 93.20 Bn | 3.29 Bn | 83.63% |
| 3 | Canadian Pacific Kansas City | 84.21 Bn | 83.94 Bn | 2.92 Bn | 96.88% |
| 4 | Canadian National Railway | 78.52 Bn | 78.52 Bn | - | - |
| 5 | Norfolk Southern | 77.93 Bn | 76.86 Bn | - | - |
| 6 | Westinghouse Air Brake Technologies | 49.47 Bn | 48.80 Bn | 1.16 Bn | 36.52% |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 22.66% |
| 8 | Greenbrier Companies | 1.42 Bn | 1.15 Bn | 81.10 Mn | 14.07% |
| 9 | Foster L B | 390.24 Mn | 384.46 Mn | 30.87 Mn | 22.28% |
| 10 | FreightCar America | 228.00 Mn | 163.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.66% |
| 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% |