Trinity Industries Inc (TRN)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 106,000 | 74,500 | 78,500 | 65,200 | 60,100 | 162,800 | 169,000 | 178,000 | 182,000 | -79,200 | -86,100 | -305,700 | -147,300 | 1,500 | 25,400 | 268,700 | 137,600 | 143,300 | 122,000 | 149,700 |
| Revenue (ttm) | US$ in thousands | 2,983,300 | 2,776,600 | 2,451,900 | 2,146,300 | 1,977,300 | 1,858,300 | 1,781,500 | 1,658,000 | 1,516,000 | 1,403,500 | 1,380,500 | 1,527,100 | 1,749,700 | 2,240,700 | 2,657,500 | 2,953,600 | 3,005,100 | 2,889,400 | 2,682,700 | 2,580,700 |
| Net profit margin | 3.55% | 2.68% | 3.20% | 3.04% | 3.04% | 8.76% | 9.49% | 10.74% | 12.01% | -5.64% | -6.24% | -20.02% | -8.42% | 0.07% | 0.96% | 9.10% | 4.58% | 4.96% | 4.55% | 5.80% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $106,000K ÷ $2,983,300K
= 3.55%
Over the past eight quarters, Trinity Industries, Inc. has displayed fluctuations in its net profit margin. The net profit margin has ranged from a high of 11.20% in Q2 2022 to a low of 2.68% in Q3 2023. There was a notable decrease in the net profit margin in Q3 and Q4 of 2022, falling from 10.34% to 3.04%. This decline continued into Q1 of 2023 where the net profit margin remained at 3.04%, before experiencing a slight recovery in Q2 and Q4 of 2023, reaching 3.20% and 3.55% respectively.
Overall, the trend in the net profit margin of Trinity Industries, Inc. has been somewhat volatile, with fluctuations seen across the quarters analyzed. It would be prudent for stakeholders to monitor the company's profitability closely and assess any underlying factors that may be influencing these fluctuations in the net profit margin.
Peer comparison
Dec 31, 2023