Trinity Industries Inc (TRN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 10.54% | 9.67% | 9.34% | 9.57% | 9.17% | 9.91% | 10.19% | 11.56% | 13.91% | 13.17% | 14.73% | -10.86% | -8.72% | -4.15% | -2.24% | 11.58% | 12.04% | 11.92% | 11.55% | 11.71% |
| Operating profit margin | 13.98% | 13.75% | 15.27% | 16.22% | 16.89% | 15.59% | 15.45% | 15.69% | 16.94% | 15.53% | 14.76% | -11.16% | -8.84% | -3.92% | -1.19% | 13.27% | 13.85% | 14.15% | 13.56% | 13.36% |
| Pretax margin | 3.85% | 3.12% | 3.80% | 3.65% | 4.44% | 10.05% | 10.81% | 11.63% | 13.05% | -7.99% | -9.85% | -27.94% | -24.08% | -9.37% | -5.99% | 5.83% | 6.63% | 7.00% | 6.31% | 7.58% |
| 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% |
Trinity Industries, Inc. has shown a gradual decline in its gross profit margin over the past eight quarters, decreasing from 20.50% in Q1 2022 to 17.67% in Q4 2023. The operating profit margin has also fluctuated during this period, with Q4 2023 reporting 10.90%, slightly higher compared to the previous quarters. The pretax margin has been relatively stable around the range of 4% to 6%, but there was a notable decline in Q4 2022, dropping to 3.80%.
In terms of net profit margin, Trinity Industries, Inc. experienced significant fluctuations, with a remarkable dip in Q3 and Q4 2022 where it dropped to 3.04% after recording exceptionally high margins of above 10% in the preceding quarters. Q3 and Q4 2023 showed a slight improvement in net profit margin but still remained below the 5% mark.
Overall, Trinity Industries, Inc. has displayed mixed results in its profitability ratios in recent quarters, with some volatility in the net profit margin which might need further investigation to understand the underlying reasons for the fluctuations.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.68% | 4.25% | 4.15% | 3.94% | 3.83% | 3.37% | 3.19% | 3.14% | 3.12% | 2.57% | 2.36% | -1.94% | -1.78% | -1.01% | -0.36% | 4.35% | 4.78% | 4.73% | 4.24% | 4.10% |
| Return on assets (ROA) | 1.19% | 0.83% | 0.87% | 0.74% | 0.69% | 1.89% | 1.96% | 2.15% | 2.21% | -0.93% | -1.00% | -3.48% | -1.69% | 0.02% | 0.29% | 2.98% | 1.58% | 1.66% | 1.42% | 1.78% |
| Return on total capital | 6.34% | 21.28% | 20.90% | 25.16% | 23.86% | 20.88% | 19.84% | 18.08% | 4.18% | 4.44% | 3.76% | -10.30% | -2.89% | 0.58% | 0.99% | 5.79% | 5.93% | 5.90% | 5.30% | 5.63% |
| Return on equity (ROE) | 10.22% | 7.44% | 7.89% | 6.56% | 5.94% | 16.18% | 16.94% | 17.25% | 17.67% | -5.95% | -6.19% | -18.06% | -8.47% | 0.08% | 1.34% | 12.70% | 6.78% | 6.79% | 5.60% | 6.76% |
Trinity Industries, Inc.'s profitability ratios show a mix of performance levels over the past eight quarters. The Operating Return on Assets (Operating ROA) has exhibited an upward trend, reaching 3.65% in Q4 2023 from 1.71% in Q2 2022. This indicates that Trinity Industries has been efficient in generating operating income relative to its total assets.
In terms of Return on Assets (ROA), Trinity Industries saw fluctuations in performance, ranging from 0.69% in Q4 2022 to 1.19% in Q4 2023. This ratio signifies the company's ability to generate profit from its assets, and the recent increase in Q4 2023 suggests improved efficiency in asset utilization.
Return on Total Capital provides insights into how well the company is generating returns from both equity and debt capital. Trinity Industries' performance in this ratio improved gradually over the quarters, with a steady increase from 2.26% in Q2 2022 to 4.79% in Q4 2023, indicating better capital efficiency.
Lastly, Return on Equity (ROE) reflects the company's ability to generate profit for its shareholders from the equity invested. Trinity Industries showed fluctuating ROE figures during the period, with a peak of 17.25% in Q1 2022 and a low of 5.94% in Q4 2023. This suggests varying levels of profitability attributable to shareholder investment.
Overall, while Trinity Industries demonstrated improvements in certain profitability ratios, there were fluctuations and variability in performance across the different quarters, indicating the need for continued monitoring and analysis of the company's financial health and operational efficiency.