Trinity Industries (TRN) Net Margin (2009 - 2026)
Trinity Industries' Net Margin was 20.26% in Q2 2026, up 17.48 percentage points from 2.79% a year earlier and up 15.35 percentage points from the prior quarter.
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Analysis
Trinity Industries (TRN) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trinity Industries' Net Margin was 16.62% through Jun 30, 2026, up 12.79 percentage points year-over-year; for FY2025, it was 11.73%, up 7.24 percentage points from FY2024.
- Net Margin has now increased for three consecutive years, with a five-year change of +20.15 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 4.49% in FY2024 (+0.94 pp), 3.55% in FY2023 (+0.51 pp), 3.04% in FY2022 (-8.97 pp) and 12.01% in FY2021 (+20.42 pp).
- Quarterly Net Margin has moved between -0.15% (Q1 2022) and 30.53% (Q4 2025) over five years.
- Compared with a year earlier, Net Margin has increased for four straight quarters, with an average year-over-year change of +5.31 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2021 (a gain of 63.74 percentage points); the worst was Q4 2022 (a drop of 23.08 percentage points).
- Per Business Quant data, TRN's Net Margin in the three quarters before Q2 2026 was 4.92% (Q1 2026), 30.53% (Q4 2025) and 6.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 18.95% |
| 10 | Trinity Industries | 2.13 Bn | 1.57 Bn | 109.90 Mn | 20.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.26% |
| Mar 31, 2026 | 4.92% |
| Dec 31, 2025 | 30.53% |
| Sep 30, 2025 | 6.67% |
| Jun 30, 2025 | 2.79% |
| Mar 31, 2025 | 3.78% |
| Dec 31, 2024 | 4.59% |
| Sep 30, 2024 | 3.93% |
| Jun 30, 2024 | 6.47% |
| Mar 31, 2024 | 2.93% |
| Dec 31, 2023 | 7.87% |
| Sep 30, 2023 | 2.65% |
| Jun 30, 2023 | 2.35% |
| Mar 31, 2023 | 0.69% |
| Dec 31, 2022 | 5.29% |
| Sep 30, 2022 | 5.20% |
| Jun 30, 2022 | 0.89% |
| Mar 31, 2022 | -0.15% |
| Dec 31, 2021 | 28.38% |
| Sep 30, 2021 | 7.62% |
API Access
Trinity Industries Net Margin 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=net-margin&ticker=TRN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=TRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();