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

Company name
Symbol
Pretax margin
Trinity Industries Inc
TRN
7.20%
Greenbrier Companies Inc
GBX
6.27%
Westinghouse Air Brake Technologies Corp
WAB
13.50%