Trinity Industries (TRN) Tax Rate (2009 - 2026)
Trinity Industries (TRN) posted Tax Rate of 23.73% for Q2 2026, down 2.0% sequentially from 24.22% in Q1 2026, and up 796.0% YoY from 2.65% in Q2 2025.
Trinity Industries (TRN) Tax Rate (2009 - 2026) Analysis & Trends
Trinity Industries has reported Tax Rate for 18 years, with the latest figure at 23.73% in Q2 2026.
- Quarterly Tax Rate rose 796.0% year-over-year to 23.73% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 24.83% (up 450.0% YoY) and the FY2025 annual result came in at 24.21%, down 847.0% from the prior year.
- Tax Rate eased to 23.73% in Q2 2026 per TRN's latest filing, from 24.22% in the prior quarter.
- Over five years, Tax Rate peaked at 27.66% in Q3 2024 and troughed at 216.98% in Q1 2023.
- A 5-year average of 8.25% and a median of 22.88% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 42326 bps in 2022, then tumbled 24024 bps in 2023.
- Over 5 years, Tax Rate stood at 19.25% in 2022, then plunged by 54 bps to 8.82% in 2023, then soared by 60 bps to 14.11% in 2024, then jumped by 83 bps to 25.79% in 2025, then retreated by 8 bps to 23.73% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.73%, 24.22%, and 25.79% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 181.03 Bn | 178.92 Bn | 6.50 Bn | 22.00% |
| 2 | Csx | 94.93 Bn | 93.54 Bn | 3.29 Bn | 24.09% |
| 3 | Canadian Pacific Kansas City | 84.62 Bn | 84.36 Bn | 2.92 Bn | 24.65% |
| 4 | Canadian National Railway | 78.81 Bn | 78.81 Bn | - | -24.65% |
| 5 | Norfolk Southern | 78.32 Bn | 77.26 Bn | - | 23.46% |
| 6 | Westinghouse Air Brake Technologies | 49.61 Bn | 48.94 Bn | 1.16 Bn | 23.55% |
| 7 | Trinity Industries | 2.35 Bn | 2.20 Bn | 109.90 Mn | 23.73% |
| 8 | Greenbrier Companies | 1.42 Bn | 1.14 Bn | 81.10 Mn | 19.48% |
| 9 | Foster L B | 390.86 Mn | 385.08 Mn | 30.87 Mn | 42.85% |
| 10 | FreightCar America | 233.74 Mn | 169.44 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.73% |
| Jun 30, 2026 | 23.73% |
| Jun 30, 2026 | 23.73% |
| Mar 31, 2026 | 24.22% |
| Mar 31, 2026 | 24.22% |
| Mar 31, 2026 | 24.22% |
| Dec 31, 2025 | 25.79% |
| Dec 31, 2025 | 25.79% |
| Dec 31, 2025 | 25.79% |
| Sep 30, 2025 | 23.03% |
| Sep 30, 2025 | 23.03% |
| Sep 30, 2025 | 23.03% |
| Jun 30, 2025 | 15.77% |
| Jun 30, 2025 | 15.77% |
| Jun 30, 2025 | 15.77% |
| Mar 31, 2025 | 20.33% |
| Mar 31, 2025 | 20.33% |
| Mar 31, 2025 | 20.33% |
| Dec 31, 2024 | 14.11% |
| Dec 31, 2024 | 14.11% |