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

Trinity Industries recorded quarterly Tax Rate of 24.22% in Q1 2026, down 6.11% quarter-over-quarter from 25.79% in Q4 2025, and up 389.0% year-over-year from 4.95% in Q1 2025.

Trinity Industries' Tax Rate history runs 18 years deep, the most recent figure standing at 24.22% for Q1 2026.

  • In Q1 2026, Tax Rate rose 389.0% year-over-year to 24.22%; the TTM figure through Mar 2026 stood at 24.59% (up 288.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 5.07% and a median of 20.33% in 2025 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate jumped 41395 bps in 2022 and slumped 23093 bps in 2023, its largest moves.
  • Trinity Industries' Tax Rate stood at 19.25% in 2022, then tumbled by 54 bps to 8.82% in 2023, then surged by 60 bps to 14.11% in 2024, then soared by 83 bps to 25.79% in 2025, then retreated by 6 bps to 24.22% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 24.22%, 25.79%, and 23.03% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Union Pacific 155.75 Bn 154.71 Bn 5.85 Bn 23.69
2 Csx 84.18 Bn 83.08 Bn 3.18 Bn 24.08
3 Norfolk Southern 68.46 Bn 67.12 Bn 2.74 Bn 23.50
4 Canadian Pacific Kansas City 58.41 Bn 58.81 Bn 2.36 Bn 24.55
5 Westinghouse Air Brake Technologies 44.40 Bn 43.91 Bn 1.06 Bn 22.60
6 Trinity Industries 2.59 Bn 2.65 Bn 128.90 Mn 24.22
7 Greenbrier Companies 1.46 Bn 968.55 Mn 69.50 Mn 14.91
8 Foster L B 419.50 Mn 416.39 Mn 25.70 Mn -5.74
9 FreightCar America 145.10 Mn 80.80 Mn - -
10 Swvl Holdings 18.35 Mn 13.93 Mn - -

Historic Data

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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
Sep 30, 2023 18.58
Sep 30, 2023 18.58
Jun 30, 2023 23.95
Jun 30, 2023 23.95
Mar 31, 2023 -216.98
Mar 31, 2023 -216.98
Dec 31, 2022 19.25
Dec 31, 2022 19.25
Sep 30, 2022 -6.79
Sep 30, 2022 -6.79
Jun 30, 2022 26.01
Jun 30, 2022 26.01
Mar 31, 2022 13.95
Mar 31, 2022 13.95
Dec 31, 2021 23.13
Dec 31, 2021 23.13
Sep 30, 2021 24.56
Sep 30, 2021 24.56
Jun 30, 2021 50.88
Jun 30, 2021 50.88
Mar 31, 2021 -400.00
Mar 31, 2021 -400.00
Dec 31, 2020 24.10
Dec 31, 2020 24.10
Sep 30, 2020 -84.47
Sep 30, 2020 -84.47
Jun 30, 2020 20.08
Jun 30, 2020 20.08
Mar 31, 2020 -1,620.65
Mar 31, 2020 -1,620.65
Dec 31, 2019 47.65
Dec 31, 2019 47.65
Sep 30, 2019 3.77
Sep 30, 2019 3.77
Jun 30, 2019 27.27
Jun 30, 2019 27.27
Mar 31, 2019 22.19
Mar 31, 2019 22.19
Dec 31, 2018 38.73
Dec 31, 2018 38.73
Sep 30, 2018 19.03
Sep 30, 2018 19.03
Jun 30, 2018 25.10
Jun 30, 2018 25.10
Mar 31, 2018 27.27
Mar 31, 2018 27.27
Dec 31, 2017 -618.78
Dec 31, 2017 -618.78
Sep 30, 2017 38.87
Sep 30, 2017 38.87
Jun 30, 2017 43.04
Jun 30, 2017 43.04
Mar 31, 2017 13.39
Mar 31, 2017 13.39
Dec 31, 2016 35.81
Dec 31, 2016 35.81
Sep 30, 2016 35.77
Sep 30, 2016 35.77
Jun 30, 2016 35.09
Jun 30, 2016 35.09
Mar 31, 2016 35.99
Mar 31, 2016 35.99
Dec 31, 2015 -2.00
Dec 31, 2015 -2.00
Sep 30, 2015 33.65
Sep 30, 2015 33.65
Jun 30, 2015 33.79
Jun 30, 2015 33.79
Mar 31, 2015 33.54
Mar 31, 2015 33.54
Dec 31, 2014 38.00
Dec 31, 2014 38.00
Sep 30, 2014 33.23
Sep 30, 2014 33.23
Jun 30, 2014 32.65
Jun 30, 2014 32.65
Mar 31, 2014 32.56
Mar 31, 2014 32.56
Dec 31, 2013 8.40
Dec 31, 2013 8.40
Sep 30, 2013 34.24
Sep 30, 2013 34.24
Jun 30, 2013 34.60
Jun 30, 2013 34.60
Mar 31, 2013 36.33
Mar 31, 2013 36.33
Dec 31, 2012 34.26
Dec 31, 2012 34.26
Sep 30, 2012 34.11
Sep 30, 2012 34.11
Jun 30, 2012 37.11
Jun 30, 2012 37.11
Mar 31, 2012 32.91
Mar 31, 2012 32.91
Dec 31, 2011 36.89
Dec 31, 2011 36.89
Sep 30, 2011 40.04
Sep 30, 2011 40.04
Jun 30, 2011 39.92
Jun 30, 2011 39.92
Mar 31, 2011 38.76
Mar 31, 2011 38.76
Dec 31, 2010 -299.01
Dec 31, 2010 -299.01
Sep 30, 2010 32.55
Sep 30, 2010 32.55
Jun 30, 2010 39.37
Jun 30, 2010 39.37
Mar 31, 2010 12.24
Mar 31, 2010 12.24
Dec 31, 2009 44.87
Dec 31, 2009 44.87
Sep 30, 2009 38.46
Sep 30, 2009 38.46
Jun 30, 2009 21.37
Jun 30, 2009 21.37