Trinity Industries Inc (TRN)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 459,900 | 496,600 | 474,400 | 458,900 | 398,900 | 232,000 | 185,700 | 159,600 | 139,800 | 227,200 | 265,500 | 259,900 | 289,000 | 256,700 | 237,400 | -137,300 | -124,500 | -64,200 | -16,800 | 397,500 |
| Total assets | US$ in thousands | 8,832,200 | 8,842,900 | 8,957,800 | 9,079,800 | 8,906,500 | 8,973,400 | 9,022,000 | 8,839,200 | 8,724,300 | 8,599,100 | 8,624,800 | 8,291,200 | 8,235,900 | 8,495,600 | 8,617,000 | 8,775,500 | 8,701,800 | 8,723,200 | 8,665,400 | 9,002,900 |
| Operating ROA | 5.21% | 5.62% | 5.30% | 5.05% | 4.48% | 2.59% | 2.06% | 1.81% | 1.60% | 2.64% | 3.08% | 3.13% | 3.51% | 3.02% | 2.76% | -1.56% | -1.43% | -0.74% | -0.19% | 4.42% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $459,900K ÷ $8,832,200K
= 5.21%
Trinity Industries Inc's operating return on assets (ROA) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 4.42% in March 31, 2020, declined to negative values in the subsequent quarters, reaching a low of -1.56% in March 31, 2021.
However, the company's performance improved thereafter, with operating ROA turning positive in June 30, 2021, and gradually increasing to 5.62% by September 30, 2024. The highest operating ROA was recorded at 5.62% in September 30, 2024, indicating an efficient utilization of assets to generate operating profits.
Overall, Trinity Industries Inc's operating ROA has demonstrated resilience and improvement over the analyzed period, ending on a positive note with a value of 5.21% in December 31, 2024. This upward trend suggests the company's enhanced operational efficiency and profitability in utilizing its assets effectively.
Peer comparison
Dec 31, 2024