Trinity Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Trinity Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,754 Mil. Trinity Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,037 Mil.
Trinity Industries's debt to equity for the quarter that ended in Dec. 2023 was 5.55.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Trinity Industries's Debt-to-Equity or its related term are showing as below:
TRN'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 2.11 Max: 5.55
Current: 5.55
During the past 13 years, the highest Debt-to-Equity Ratio of Trinity Industries was 5.55. The lowest was 0.72. And the median was 2.11.
Trinity Industries Debt-to-Equity Historical Data
The historical data trend for Trinity Industries's Debt-to-Equity 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.
|
Trinity Industries Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
2.41 |
2.89 |
5.02 |
5.54 |
5.55 |
|
Trinity Industries Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5.54 |
5.85 |
5.86 |
5.78 |
5.55 |
Competitive Comparison
For the Railroads subindustry, Trinity Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution
For the Transportation industry and Industrials sector, Trinity Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Trinity Industries's Debt-to-Equity falls into.
Trinity Industries Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Trinity Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Trinity Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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.
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 |
Trinity Industries (Trinity Industries) Headlines
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