Trinity Industries Inc (TRN)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 138,400 | 106,000 | 98,900 | 39,300 | -226,100 |
| Total assets | US$ in thousands | 8,832,200 | 8,906,500 | 8,724,300 | 8,235,900 | 8,701,800 |
| ROA | 1.57% | 1.19% | 1.13% | 0.48% | -2.60% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $138,400K ÷ $8,832,200K
= 1.57%
Trinity Industries Inc's return on assets (ROA) has shown a positive trend over the past five years, starting at a negative figure of -2.60% in December 31, 2020, and gradually improving to reach 1.57% by December 31, 2024. This indicates that the company has been able to generate an increasing level of profit relative to its total assets over the period under consideration. The consistent improvement in ROA suggests that Trinity Industries Inc has been effectively utilizing its assets to generate profits, which is a positive indicator of operational efficiency and financial performance.
Peer comparison
Dec 31, 2024
Company name
Symbol
ROA
Trinity Industries Inc
TRN
1.57%
Greenbrier Companies Inc
GBX
3.76%
Westinghouse Air Brake Technologies Corp
WAB
5.65%