Trinity Industries, Inc.
TRN
Jodie read · what matters now
Operating margin improved 3.5 percentage points.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to TRN, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing shows material pressure
10-Q filed 2026-04-30 against the comparable filing from 2025-05-01.
What improved
- Operating margin improved 3.5 percentage points.
What weakened
- Revenue decreased 16.0% versus the comparable filing period.
- Operating cash flow was 4.04x net income; review non-cash and one-time items before treating this as recurring conversion.
Filing receipts
“Revenues in our maintenance services business increased by 6.8% for the three months ended March 31, 2026, when compared to the prior year period as a result of higher pricing, partially offset by the mix of repairs.”
“Leasing Group operating profit increased by 3.5% for the three months ended March 31, 2026 when compared to the prior year period, primarily due to higher gains on lease portfolio sales and higher lease rates, partially offset by higher maintenance and compliance costs for the lease fleet and increased depreciation.”
“Cost of revenues for the Railcar Leasing and Services Group increased by 6.5% for the three months ended March 31, 2026, compared to the prior year period primarily due to higher maintenance and compliance costs for the lease fleet and increased depreciation.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind TRN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 2 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
TRN is currently a Leader in the organic co-movement group Railcar Leasing. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for TRN; it is not active in the latest market snapshot.
Theme membership history
No durable theme membership has been observed for this name yet.