Trinity Industries Inc (TRN)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 138,400 | 172,300 | 162,700 | 125,300 | 118,400 | 98,400 | 102,400 | 89,100 | 82,200 | 173,400 | 179,600 | 188,600 | 182,000 | -79,200 | -86,300 | -305,900 | -149,200 | -600 | 22,900 | 265,900 |
| Total assets | US$ in thousands | 8,832,200 | 8,842,900 | 8,957,800 | 9,079,800 | 8,906,500 | 8,973,400 | 9,022,000 | 8,839,200 | 8,724,300 | 8,599,100 | 8,624,800 | 8,291,200 | 8,235,900 | 8,495,600 | 8,617,000 | 8,775,500 | 8,701,800 | 8,723,200 | 8,665,400 | 9,002,900 |
| ROA | 1.57% | 1.95% | 1.82% | 1.38% | 1.33% | 1.10% | 1.14% | 1.01% | 0.94% | 2.02% | 2.08% | 2.27% | 2.21% | -0.93% | -1.00% | -3.49% | -1.71% | -0.01% | 0.26% | 2.95% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $138,400K ÷ $8,832,200K
= 1.57%
Trinity Industries Inc's return on assets (ROA) fluctuated over the period from March 31, 2020, to December 31, 2024. The ROA started at 2.95% in March 2020, showing a positive trend initially. However, there was a significant decline in ROA, reaching -3.49% in March 2021, indicating the company's assets were not generating sufficient returns.
Subsequently, there was a gradual improvement in ROA levels, with positive percentages recorded from December 2021 to September 2024, ranging from 0.94% to 1.95%. This suggests that Trinity Industries Inc's assets were being more effectively utilized to generate profits during this period.
Overall, the ROA performance reflects a mix of challenges and improvements in the company's asset utilization efficiency over the analyzed period. The company should continue to monitor and manage its assets effectively to sustain or further improve its return on assets in the future.
Peer comparison
Dec 31, 2024