Trinity Industries Inc (TRN)

Gross profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Gross profit US$ in thousands 668,200 527,100 367,700 354,500 491,000
Revenue US$ in thousands 3,079,200 2,983,300 1,977,300 1,516,000 1,999,400
Gross profit margin 21.70% 17.67% 18.60% 23.38% 24.56%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $668,200K ÷ $3,079,200K
= 21.70%

Based on the data provided, Trinity Industries Inc's gross profit margin has shown some fluctuations over the years. The company's gross profit margin decreased from 24.56% as of December 31, 2020, to 23.38% as of December 31, 2021. Subsequently, there was a more significant decline in the gross profit margin to 18.60% as of December 31, 2022, followed by a further decrease to 17.67% by December 31, 2023.

However, there was a notable improvement in the gross profit margin to 21.70% as of December 31, 2024. Overall, the trend indicates some variability in the company's ability to generate profit from its core business operations over the period under review. It would be essential for Trinity Industries Inc to closely monitor its cost structure and pricing strategies to maintain and enhance its gross profit margin in the future.


Peer comparison

Dec 31, 2024

Company name
Symbol
Gross profit margin
Trinity Industries Inc
TRN
21.70%
Greenbrier Companies Inc
GBX
15.76%
Westinghouse Air Brake Technologies Corp
WAB
32.48%