Trinity Industries Inc (TRN)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 106,000 | 60,100 | 182,000 | -147,300 | 137,600 |
| Revenue | US$ in thousands | 2,983,300 | 1,977,300 | 1,516,000 | 1,749,700 | 2,752,400 |
| Net profit margin | 3.55% | 3.04% | 12.01% | -8.42% | 5.00% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $106,000K ÷ $2,983,300K
= 3.55%
Trinity Industries, Inc.'s net profit margin has fluctuated over the past five years. In 2023, the net profit margin improved to 3.55% from 3.04% in 2022. However, the company's performance in 2023 was weaker compared to 2021, when it achieved a net profit margin of 12.01%. The negative net profit margin of -7.37% in 2020 indicates that the company incurred a loss during that year. Overall, Trinity Industries, Inc. has demonstrated variability in its profitability over the past five years, with the most significant improvement observed in 2021.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
Trinity Industries Inc
TRN
3.55%
Greenbrier Companies Inc
GBX
4.52%
Westinghouse Air Brake Technologies Corp
WAB
8.64%