Trinity Industries Inc (TRN)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,307,200 | 1,037,100 | 1,012,400 | 1,029,800 | 1,738,800 |
| ROE | 10.59% | 10.22% | 9.77% | 3.82% | -13.00% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $138,400K ÷ $1,307,200K
= 10.59%
Trinity Industries Inc's Return on Equity (ROE) has shown improvement over the years. Starting with a negative ROE of -13.00% in December 2020, the company turned around and achieved a positive ROE of 3.82% in December 2021. Subsequently, Trinity Industries Inc's ROE continued on an upward trend, reaching 9.77% in December 2022, 10.22% in December 2023, and further improving to 10.59% by December 2024. This indicates that Trinity Industries Inc has been generating more profit relative to its shareholders' equity, reflecting better efficiency in utilizing equity capital to generate earnings. The consistent rise in ROE suggests that the company's profitability and efficiency have been improving, which could be viewed positively by investors and stakeholders.
Peer comparison
Dec 31, 2024