Trinity Industries (TRN) Tax Rate (2009 - 2026)
Trinity Industries' (TRN) quarterly Tax Rate came in at 23.73% in Q2 2026, up 796.0% year-over-year from 2.65% in Q2 2025, and down 2.0% quarter-over-quarter from 24.22% in Q1 2026.
Analysis
Trinity Industries (TRN) Tax Rate (2009 - 2026) Analysis & Trends
Trinity Industries has disclosed Tax Rate across 18 years of filings, most recently posting 23.73% for Q2 2026.
- In Q2 2026, Tax Rate rose 796.0% year-over-year to 23.73%; the TTM figure through Jun 2026 stood at 24.83% (up 450.0% YoY), while the FY2025 annual figure was 24.21%, down 847.0% from the prior year.
- Tax Rate came in at 23.73% for Q2 2026 at Trinity Industries, down from 24.22% 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.
- Average Tax Rate over 5 years is 8.25%, with a median of 22.88% recorded in 2025.
- Year-over-year, Tax Rate soared 42326 bps in 2022 and slumped 24024 bps in 2023.
- Over 5 years, Tax Rate stood at 19.25% in 2022, then slumped 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 declined by 8 bps to 23.73% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 23.73% in Q2 2026, 24.22% in Q1 2026, and 25.79% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Westinghouse Air Brake Technologies | 47.41 Bn | 46.74 Bn | 1.16 Bn | 23.55% |
| 2 | Gatx | 6.31 Bn | 6.31 Bn | 555.30 Mn | 26.05% |
| 3 | Trinity Industries | 2.25 Bn | 2.10 Bn | 109.90 Mn | 23.73% |
| 4 | Triton International | 1.42 Bn | 1.42 Bn | 622,000.00 | 9.73% |
| 5 | Greenbrier Companies | 1.32 Bn | 1.05 Bn | 81.10 Mn | 19.48% |
| 6 | Foster L B | 386.10 Mn | 380.32 Mn | 30.87 Mn | 42.85% |
| 7 | FreightCar America | 212.69 Mn | 148.40 Mn | - | - |
| 8 | GenFlat Holdings | 47.31 Mn | 43.30 Mn | -32,922.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.73% |
| Mar 31, 2026 | 24.22% |
| Dec 31, 2025 | 25.79% |
| Sep 30, 2025 | 23.03% |
| Jun 30, 2025 | 15.77% |
| Mar 31, 2025 | 20.33% |
| Dec 31, 2024 | 14.11% |
| Sep 30, 2024 | 27.66% |
| Jun 30, 2024 | 22.74% |
| Mar 31, 2024 | 25.76% |
| Dec 31, 2023 | 8.82% |
| Sep 30, 2023 | 18.58% |
| Jun 30, 2023 | 23.95% |
| Mar 31, 2023 | -216.98% |
| Dec 31, 2022 | 19.25% |
| Sep 30, 2022 | 22.45% |
| Jun 30, 2022 | 26.01% |
| Mar 31, 2022 | 23.26% |
| Dec 31, 2021 | 23.13% |
| Sep 30, 2021 | 24.56% |