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Trinity Industries (Trinity Industries) Gross Profit : $527 Mil (TTM As of Dec. 2023)


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What is Trinity Industries Gross Profit?

Trinity Industries's gross profit for the three months ended in Dec. 2023 was $161 Mil. Trinity Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $527 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Trinity Industries's gross profit for the three months ended in Dec. 2023 was $161 Mil. Trinity Industries's Revenue for the three months ended in Dec. 2023 was $798 Mil. Therefore, Trinity Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 20.17%.

Trinity Industries had a gross margin of 20.17% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Trinity Industries was 27.16%. The lowest was 17.67%. And the median was 23.76%.

Warning Sign:

Trinity Industries Inc gross margin has been in long-term decline. The average rate of decline per year is -4.6%.


Trinity Industries Gross Profit Historical Data

The historical data trend for Trinity Industries's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trinity Industries Gross Profit Chart

Trinity Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 574.00 422.30 354.50 367.70 527.10

Trinity Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.00 103.20 121.20 141.80 160.90

Competitive Comparison of Trinity Industries's Gross Profit

For the Railroads subindustry, Trinity Industries's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trinity Industries's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Trinity Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Trinity Industries's Gross Profit falls into.



Trinity Industries Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Trinity Industries's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2983.3 - 2456.2
=527

Trinity Industries's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=797.9 - 637
=161

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $527 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Trinity Industries's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=161 / 797.9
=20.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Trinity Industries  (NYSE:TRN) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Trinity Industries had a gross margin of 20.17% for the quarter that ended in Dec. 2023 => Competition eroding margins


Trinity Industries Gross Profit Related Terms

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Trinity Industries (Trinity Industries) Business Description

Traded in Other Exchanges
Address
14221 N. Dallas Parkway, Suite 1100, Dallas, TX, USA, 75254-2957
Trinity Industries Inc. sells and leases railroad products and railcar maintenance services in North America. The company operates under the name TrinityRail in three main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. Customers include railroads, leasing companies, and shipping companies in the industries of agriculture, construction, consumer products, energy, and chemicals.
Executives
Eric R Marchetto other: Officer Trinity Rail 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Gregory B Mitchell other: Chief Commercial Officer 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Scott M Ewing officer: EVP & Chief Legal Officer 14221 N DALLAS PARKWAY SUITE 1100, DALLAS TX 75254
Jean Savage director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Todd Maclin director P.O. BOX 619100, DALLAS TX 75261
Biesterfeld Robert C Jr director 14701 CHARLSON RD, EDEN PRAIRIE MN 55347
Veena M Lakkundi director 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Brian D Madison other: President, TILC 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Valueact Capital Master Fund, L.p. director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Jason G. Anderson director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
John L Adams officer: Executive Vice President 2525 STEMMONS FREEWAY, DALLAS TX 75207
Melendy E Lovett director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
William P Ainsworth director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD X1 60015
Brandon Boze director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Tyrone Michael Jordan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253

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