Railcar Leasing & Services Group was Trinity Industries’s largest segment in fiscal 2025, bringing in $1.20B of $2.16B (56%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rail Group | — | — | — | — | |||||||||
| Rail Products Group | $1.89B | $1.94B | $1.94B | $952.10M | |||||||||
| Railcar Leasing & Services Group | $851.50M | $1.04B | $1.14B | $1.20B | |||||||||
| Railcar Leasing & Management Services Group | — | — | — | — | |||||||||
| Energy Equipment Group | — | — | — | — | |||||||||
| Inland Barge Group | — | — | — | — | |||||||||
| Construction Products Group | — | — | — | — | |||||||||
| Other Segments | — | — | — | — | |||||||||
| All Other Segments | — | — | — | — | |||||||||
| Eliminations – Other | — | — | — | — | |||||||||
| Business Intersegment Eliminations | — | — | — | — | |||||||||
| Intersegment Eliminations | -$759.70M | — | — | — | |||||||||
| Intersegment Elimination | — | — | — | — | |||||||||
| Eliminations – Lease Subsidiary | — | — | — | — | |||||||||
| Total | $1.98B | $2.98B | $3.08B | $2.16B |
Trinity Industries brought in $2.16B from its two segments in fiscal 2025, the year ended December 31, 2025. That was down 30.0% from $3.08B in fiscal 2024. Railcar Leasing & Services Group was the largest at $1.20B (55.9%), ahead of Rail Products Group at $952.10M (44.1%).
Compared with fiscal 2024, Railcar Leasing & Services Group grew 5.6% to $1.20B, while Rail Products Group fell 50.9% to $952.10M.
Railcar Leasing & Services Group was Trinity Industries’s largest product and service line in fiscal 2025, bringing in $1.20B of $2.16B (56%).
| Product and Service | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Manufacturing | $1.13B | $1.94B | $1.94B | $952.10M | |||||||||
| Railcar Leasing & Services Group | $850.00M | $1.04B | $1.14B | $1.20B | |||||||||
| Leasing | — | — | — | — | |||||||||
| Leasing & Management | — | — | — | — | |||||||||
| Railcar Owned One Year Or Less | — | — | — | — | |||||||||
| Railcars Owned One Year Or Less At The Time Of Sale | — | — | — | — | |||||||||
| Total | $1.98B | $2.98B | $3.08B | $2.16B |
Trinity Industries brought in $2.16B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 30.0% from $3.08B in fiscal 2024. Railcar Leasing & Services Group was the largest at $1.20B (55.9%), ahead of Manufacturing at $952.10M (44.1%).
Compared with fiscal 2024, Railcar Leasing & Services Group grew 5.6% to $1.20B, while Manufacturing fell 50.9% to $952.10M. From fiscal 2022 to 2025, combined revenue from these lines grew from $1.98B to $2.16B, a compound annual growth rate of 2.9%. Railcar Leasing & Services Group's share of the total rose from 43.0% to 55.9%.
Combined Guarantor Subsidiaries was Trinity Industries’s largest revenue line in fiscal 2012, bringing in $2.79B of $3.81B (73%).
| Legal Entity | FY 2012 |
|---|---|
| Combined Guarantor Subsidiaries | $2.79B |
| Combined Non-Guarantor Subsidiaries | $1.43B |
| Eliminations | -$408.60M |
| Total | $3.81B |
Trinity Industries brought in $3.81B from its three revenue lines in fiscal 2012, the year ended December 31, 2012. Combined Guarantor Subsidiaries was the largest at $2.79B (73.2%), ahead of Combined Non-Guarantor Subsidiaries at $1.43B (37.5%).
The total is net of Eliminations, which took $408.60M off revenue in fiscal 2012.
Trinity Industries (TRN) reports its revenue by segment, by product and service and by legal entity. In fiscal 2025, Railcar Leasing & Services Group was its largest segment, bringing in $1.20B (55.9% of the total), followed by Rail Products Group at $952.10M (44.1%).
Railcar Leasing & Services Group was Trinity Industries' largest segment in fiscal 2025, bringing in $1.20B, or 55.9% of the $2.16B total across its two segments.
Railcar Leasing & Services Group was Trinity Industries' largest product and service line in fiscal 2025, bringing in $1.20B, or 55.9% of the $2.16B total across its two product and service lines.
Combined Guarantor Subsidiaries was Trinity Industries' largest revenue line in fiscal 2012, bringing in $2.79B, or 73.2% of the $3.81B total across its three revenue lines.
Railcar Leasing & Services Group grew faster than Rail Products Group in fiscal 2025, up 5.6% from $1.14B to $1.20B. Rail Products Group fell 50.9% to $952.10M.
Every figure comes from Trinity Industries' annual financial filings, as reported. Each line keeps the name Trinity Industries gives it, and years follow its fiscal calendar.
Trinity Industries' revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.