Trinity Industries Inc (TRN)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 221,800 | 149,000 | 126,500 | 55,200 | -494,500 |
| Revenue | US$ in thousands | 3,079,200 | 2,983,300 | 1,977,300 | 1,516,000 | 1,999,400 |
| Pretax margin | 7.20% | 4.99% | 6.40% | 3.64% | -24.73% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $221,800K ÷ $3,079,200K
= 7.20%
Trinity Industries Inc's pretax margin has shown variability in recent years. In 2020, the company incurred a negative pretax margin of -24.73%, indicating that its operating expenses and other costs exceeded its operating income. However, the company's performance improved significantly in the following years, with pretax margins of 3.64% in 2021, 6.40% in 2022, and 4.99% in 2023.
Notably, Trinity Industries Inc's pretax margin experienced a positive upturn in 2024, reaching 7.20%. This demonstrates an enhancement in the company's ability to generate operating income relative to its revenue before accounting for taxes. It is crucial for the company to sustain this positive trend in pretax margin to ensure efficient cost management and profitability in the future.
Peer comparison
Dec 31, 2024