Trinity Industries Inc (TRN)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,058,900 | 1,057,400 | 1,065,500 | 1,049,300 | 1,037,100 | 1,000,800 | 994,600 | 994,200 | 1,012,400 | 1,005,900 | 997,600 | 1,032,000 | 1,029,800 | 1,331,000 | 1,389,900 | 1,692,400 | 1,738,800 | 1,817,300 | 1,891,300 | 2,116,400 |
| ROE | 13.07% | 16.29% | 15.27% | 11.94% | 11.42% | 9.83% | 10.30% | 8.96% | 8.12% | 17.24% | 18.00% | 18.28% | 17.67% | -5.95% | -6.21% | -18.07% | -8.58% | -0.03% | 1.21% | 12.56% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $138,400K ÷ $1,058,900K
= 13.07%
The return on equity (ROE) for Trinity Industries Inc has shown variability over the periods indicated in the data provided.
From March 2020 to December 2020, the company experienced a significant decline in ROE, reaching negative values, indicating that the company was generating net losses relative to its shareholders' equity during that time. However, from December 2021 to June 2024, there was a gradual improvement in ROE, with the values becoming positive again.
The ROE increased from 12.56% in March 2020 to a peak of 16.29% in September 2024. This improvement in ROE suggests that Trinity Industries Inc was able to generate higher returns on the shareholders' equity invested in the company during these periods.
Overall, the recent positive trend in ROE indicates that Trinity Industries Inc has been able to enhance its profitability and efficiency in utilizing its equity capital effectively to generate profits for its shareholders.
Peer comparison
Dec 31, 2024