Trinity Industries Inc (TRN)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 491,500 | 417,000 | -92,500 | -89,300 | -157,400 |
| Total assets | US$ in thousands | 8,832,200 | 8,906,500 | 8,724,300 | 8,235,900 | 8,701,800 |
| Operating ROA | 5.56% | 4.68% | -1.06% | -1.08% | -1.81% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $491,500K ÷ $8,832,200K
= 5.56%
Trinity Industries Inc's operating return on assets (ROA) has shown improvement over the past few years. The company reported negative operating ROA figures in 2020 (-1.81%), 2021 (-1.08%), and 2022 (-1.06%), indicating that the company was not generating positive operating income relative to its assets during those years.
However, there was a significant turnaround in 2023, with Trinity Industries Inc achieving a positive operating ROA of 4.68%. This suggests that the company was able to generate operating income that exceeded its total assets in that year. The positive operating ROA continued to improve in 2024, reaching 5.56%.
Overall, the increasing trend in Trinity Industries Inc's operating ROA from negative figures to positive values in recent years indicates an enhancement in the company's operational efficiency and profitability in utilizing its assets to generate income. This positive trend is a promising sign for the company's financial performance and business outlook.
Peer comparison
Dec 31, 2024