Trinity Industries (TRN) Tax Rate (2009 - 2026)

Trinity Industries' (TRN) quarterly Tax Rate came in at 24.22% in Q1 2026, up 389.0% year-on-year from 4.95% in Q1 2025, and down 6.11% quarter-over-quarter from 25.79% in Q4 2025.

Trinity Industries (TRN) Tax Rate (2009 - 2026) Analysis & Trends

Trinity Industries has disclosed Tax Rate across 18 years of filings, most recently posting 24.22% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.22%, up 389.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.59% (up 288.0% YoY), and the FY2025 annual result was 3.57%, down 2912.0% from the prior year.
  • Tax Rate came in at 24.22% for Q1 2026 at Trinity Industries, down from 25.79% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.66% in Q3 2024 to a low of 216.98% in Q1 2023.
  • The 5-year median for Tax Rate is 20.33% (2025), against an average of 5.07%.
  • Across the five-year window, Tax Rate soared 41395 bps in 2022 and tumbled 23093 bps in 2023, its largest moves.
  • Trinity Industries' Tax Rate stood at 19.25% in 2022, then plunged by 54 bps to 8.82% in 2023, then jumped by 60 bps to 14.11% in 2024, then surged by 83 bps to 25.79% in 2025, then fell by 6 bps to 24.22% in 2026.
  • The last three Tax Rate figures came in at 24.22% (Q1 2026), 25.79% (Q4 2025), and 23.03% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Union Pacific 152.26 Bn 151.22 Bn 5.85 Bn 23.69
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn 24.08
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn 23.50
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn 24.55
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn 22.60
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn 24.22
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn 14.91
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn -5.74
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 -
10 FreightCar America 178.32 Mn 114.02 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 24.22%
Mar 31, 2026 24.22%
Dec 31, 2025 25.79%
Dec 31, 2025 25.79%
Sep 30, 2025 23.03%
Sep 30, 2025 23.03%
Jun 30, 2025 15.77%
Jun 30, 2025 15.77%
Mar 31, 2025 20.33%
Mar 31, 2025 20.33%
Dec 31, 2024 14.11%
Dec 31, 2024 14.11%
Sep 30, 2024 27.66%
Sep 30, 2024 27.66%
Jun 30, 2024 22.74%
Jun 30, 2024 22.74%
Mar 31, 2024 25.76%
Mar 31, 2024 25.76%
Dec 31, 2023 8.82%
Dec 31, 2023 8.82%