Trinity Industries Inc (TRN)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 663,600 | 669,500 | 641,800 | 587,100 | 527,100 | 467,200 | 426,700 | 396,700 | 367,700 | 363,200 | 366,700 | 387,800 | 416,400 | 440,200 | 460,300 | 460,600 | 491,000 | 546,700 | 586,300 | 631,200 |
| Revenue (ttm) | US$ in thousands | 3,079,200 | 3,247,700 | 3,270,200 | 3,151,200 | 2,983,300 | 2,776,600 | 2,451,900 | 2,146,300 | 1,977,300 | 1,858,300 | 1,865,200 | 1,819,900 | 1,746,000 | 1,689,400 | 1,645,300 | 1,783,000 | 1,999,400 | 2,434,500 | 2,788,700 | 3,015,500 |
| Gross profit margin | 21.55% | 20.61% | 19.63% | 18.63% | 17.67% | 16.83% | 17.40% | 18.48% | 18.60% | 19.54% | 19.66% | 21.31% | 23.85% | 26.06% | 27.98% | 25.83% | 24.56% | 22.46% | 21.02% | 20.93% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $663,600K ÷ $3,079,200K
= 21.55%
Trinity Industries Inc's gross profit margin has shown fluctuations over the period analyzed. Starting at around 20% in March 2020, the margin gradually increased to approximately 27.98% by June 2021. However, there was a decline in the margin to 18.48% by March 2023, followed by some fluctuations in the subsequent quarters. By December 2024, the gross profit margin had improved to 21.55%.
The trend indicates that Trinity Industries Inc experienced both periods of growth and decline in its gross profit margin during the analyzed period. It is important for the company to closely monitor and manage its cost of goods sold and revenue generation strategies to maintain a healthy gross profit margin and overall profitability.
Peer comparison
Dec 31, 2024