Trinity Industries (TRN) Interest Expenses (2009 - 2021)
Trinity Industries (TRN) posted Interest Expenses of $51.4 million for Q1 2021, down 16.2% from $61.3 million a year earlier and down 2.3% from the prior quarter.
Trinity Industries (TRN) Interest Expenses (2009 - 2021) Analysis & Trends
For the trailing twelve months through Mar 31, 2021, Interest Expenses at Trinity Industries was $209.3 million, down 9.2% year-over-year; for FY2020, it was $219.2 million, down 1.2% from FY2019.
- Annual Interest Expenses shows a five-year compound annual growth rate of 2.4% (FY2015 to FY2020).
- In prior years, Trinity Industries' Interest Expenses was $221.8 million in FY2019 (+23.7%), $179.3 million in FY2018 (-2.6%), $184 million in FY2017 (+1.2%) and $181.9 million in FY2016 (-6.6%).
- The Q1 2021 figure stands as the lowest quarterly Interest Expenses since Q4 2018.
- On a year-over-year basis, Interest Expenses has declined in each of the last four quarters, with growth averaging 7.8% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q3 2019, with growth of 30.4%; the weakest was Q1 2021, with a decline of 16.2%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $52.6 million (Q4 2020), $52.3 million (Q3 2020) and $53 million (Q2 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | - |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 17.40 Mn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 79.00 Mn |
| 10 | Trinity Industries | 2.01 Bn | 1.45 Bn | 109.90 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 51.40 Mn |
| Dec 31, 2020 | 52.60 Mn |
| Sep 30, 2020 | 52.30 Mn |
| Jun 30, 2020 | 53.00 Mn |
| Mar 31, 2020 | 61.30 Mn |
| Dec 31, 2019 | 56.30 Mn |
| Sep 30, 2019 | 55.80 Mn |
| Jun 30, 2019 | 57.00 Mn |
| Mar 31, 2019 | 52.70 Mn |
| Dec 31, 2018 | 46.40 Mn |
| Sep 30, 2018 | 42.80 Mn |
| Jun 30, 2018 | 43.80 Mn |
| Mar 31, 2018 | 46.30 Mn |
| Dec 31, 2017 | 46.50 Mn |
| Sep 30, 2017 | 46.80 Mn |
| Jun 30, 2017 | 45.70 Mn |
| Mar 31, 2017 | 45.00 Mn |
| Dec 31, 2016 | 45.20 Mn |
| Sep 30, 2016 | 45.30 Mn |
| Jun 30, 2016 | 45.60 Mn |
Trinity Industries Interest Expenses 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=interest-expenses&ticker=TRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=TRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();