Trinity Industries (TRN) Operating Margin (2009 - 2026)
Trinity Industries (TRN) posted Operating Margin of 41.19% for Q2 2026, up 22.34 percentage points from 18.85% a year earlier and up 20.64 percentage points from the prior quarter.
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Analysis
Trinity Industries (TRN) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Trinity Industries was 36.96%, up 19.91 percentage points year-over-year; for FY2025, it came in at 30.10%, up 14.14 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +38.93 percentage points (FY2020 to FY2025).
- In prior years, Trinity Industries' Operating Margin was 15.96% in FY2024 (+1.98 pp), 13.98% in FY2023 (-2.91 pp), 16.89% in FY2022 (-0.05 pp) and 16.94% in FY2021 (+25.78 pp).
- Quarterly Operating Margin has run from a low of 10.75% in Q1 2023 to a high of 54.88% in Q4 2025 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last six quarters, with an average year-over-year change of +10.10 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2025, with a gain of 37.08 percentage points; the weakest was Q3 2023, with a drop of 6.47 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 20.55% (Q1 2026), 54.88% (Q4 2025) and 26.12% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 23.86% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 19.48% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 26.92% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 15.14% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 26.67% |
| 10 | Trinity Industries | 2.13 Bn | 1.57 Bn | 109.90 Mn | 41.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.19% |
| Mar 31, 2026 | 20.55% |
| Dec 31, 2025 | 54.88% |
| Sep 30, 2025 | 26.12% |
| Jun 30, 2025 | 18.85% |
| Mar 31, 2025 | 17.05% |
| Dec 31, 2024 | 17.79% |
| Sep 30, 2024 | 15.32% |
| Jun 30, 2024 | 16.86% |
| Mar 31, 2024 | 14.23% |
| Dec 31, 2023 | 18.64% |
| Sep 30, 2023 | 12.20% |
| Jun 30, 2023 | 13.72% |
| Mar 31, 2023 | 10.75% |
| Dec 31, 2022 | 19.20% |
| Sep 30, 2022 | 18.67% |
| Jun 30, 2022 | 17.51% |
| Mar 31, 2022 | 11.59% |
| Dec 31, 2021 | 14.65% |
| Sep 30, 2021 | 18.65% |
API Access
Trinity Industries Operating 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=operating-margin&ticker=TRN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();