Trinity Industries (TRN) Operating Income (2009 - 2026)
Trinity Industries' Operating Income came in at $95.6 million for Q3 2026, down 19.4% from $118.6 million a year earlier and down 52.2% from the prior quarter.
Trinity Industries (TRN) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Trinity Industries reported Operating Income of $731.9 million, up 71.9% year-over-year; for FY2025, it came in at $649.2 million, up 32.1% from FY2024.
- Operating Income has increased in each of the last four years.
- Going back by year, Operating Income was $491.5 million in FY2024 (+17.9%), $417 million in FY2023 (+24.9%), $334 million in FY2022 (+30.1%) and $256.8 million in FY2021.
- The Q3 2026 figure represents the lowest quarterly Operating Income since Q2 2025.
- Year-over-year, Operating Income increased in three of the last eight quarters, with growth averaging 27.1%.
- The fastest year-over-year change in Operating Income over five years came in Q4 2025 (growth of 199.5%), and the weakest in Q2 2025 (a decline of 32.8%).
- Business Quant data shows TRN's Operating Income at $199.8 million (Q2 2026), $101.1 million (Q1 2026) and $335.4 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 4.21 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 3.02 Bn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 1.86 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 1.59 Bn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 1.20 Bn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 1.56 Bn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 1.35 Bn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 1.18 Bn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 983.80 Mn |
| 10 | Trinity Industries | 2.36 Bn | 1.72 Bn | 126.80 Mn | 95.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 95.60 Mn |
| Jun 30, 2026 | 199.80 Mn |
| Mar 31, 2026 | 101.10 Mn |
| Dec 31, 2025 | 335.40 Mn |
| Sep 30, 2025 | 118.60 Mn |
| Jun 30, 2025 | 95.40 Mn |
| Mar 31, 2025 | 99.80 Mn |
| Dec 31, 2024 | 112.00 Mn |
| Sep 30, 2024 | 122.40 Mn |
| Jun 30, 2024 | 141.90 Mn |
| Mar 31, 2024 | 115.20 Mn |
| Dec 31, 2023 | 148.70 Mn |
| Sep 30, 2023 | 100.20 Mn |
| Jun 30, 2023 | 99.10 Mn |
| Mar 31, 2023 | 69.00 Mn |
| Dec 31, 2022 | 113.50 Mn |
| Sep 30, 2022 | 92.70 Mn |
| Jun 30, 2022 | 73.00 Mn |
| Mar 31, 2022 | 54.80 Mn |
| Dec 31, 2021 | 69.20 Mn |
Trinity Industries Operating Income 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=operating-income&ticker=TRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=TRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();