Trinity Industries (TRN) Net Margin (2009 - 2026)
Trinity Industries' Net Margin was 3.29% in Q3 2026, down 3.38 percentage points from 6.67% a year earlier and down 16.97 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 15.39% through Sep 30, 2026, up 11.00 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).
- The Q3 2026 figure marks the lowest quarterly Net Margin since Q2 2025.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +4.73 percentage points.
- 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 Q3 2026 was 20.26% (Q2 2026), 4.92% (Q1 2026) and 30.53% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 15.89% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 19.89% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 10.92% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 12.05% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 14.75% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 20.85% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 14.30% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 20.18% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 17.73% |
| 10 | Trinity Industries | 2.36 Bn | 1.72 Bn | 126.80 Mn | 3.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.29% |
| 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% |
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();