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