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