NYSE$TRN
Trinity Industries Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Trinity's Q2 2022 results reflected improvement and momentum, reinforcing optimism for the back half of the year.
Trinity Industries reported quarterly GAAP and adjusted earnings from continuing operations of $0.14 per diluted share. They received orders for 4,335 railcars and delivered 2,510 railcars in the quarter. The company's backlog was $2.2 billion at quarter-end and they returned $90 million of capital to stockholders year-to-date, completing an accelerated share repurchase program.
- Quarterly total company revenues were $417 million.
- Lease fleet utilization was 97.2% and Future Lease Rate Differential (FLRD) was positive 14.7% at quarter end.
- New railcar orders were 4,335 and railcar deliveries were 2,510, resulting in a book-to-bill ratio of 1.7x.
- Year-to-date free cash flow was $43 million.
Headline financials
Revenue & EPS history
Trinity · Revenue · Quarterly
$417M
Revenue by segment
Trinity · $626M total across 2 segments · Q2 2022
- Rail Products$431M+64.5%68.8%
- Railcar Leasing and Services$195M+5.5%31.2%
Forward guidance
Trinity provided 2022 guidance for industry deliveries of 40,000 to 50,000 railcars, net investment in the lease fleet of $425 million to $475 million, manufacturing capital expenditures of $35 million to $45 million, and EPS of $0.90 to $1.10.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-0.6%
Avg return
Earnings day
-1.6%
Avg return
5 days after
-0.2%
Avg return
30 days after
46%
31 / 67 earnings
Positive
+19.1%
Q2 2012
Best reaction
-25.4%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +6.0% | +16.6% | +5.2% | |
| Q3 2025 | -2.7% | -6.2% | -4.7% | |
| Q1 2025 | -2.9% | -1.9% | +2.5% | |
| Q4 2024 | -8.3% | -10.0% | -14.1% | |
| Q3 2024 | -8.8% | -5.4% | +5.5% | |
| Q2 2024 | +2.8% | +1.5% | -0.2% | |
| Q1 2024 | +15.5% | +17.3% | +20.9% | |
| Q4 2023 | -7.3% | -7.4% | -0.5% | |
| Q3 2023 | +15.9% | +13.7% | +23.8% | |
| Q2 2023 | +2.5% | -1.9% | -4.4% | |
| Q1 2023 | -8.7% | -9.7% | -9.9% | |
| Q4 2022 | -9.6% | -5.5% | -19.4% | |
| Q3 2022 | +7.4% | +20.1% | +30.1% | |
| Q2 2022 | +6.0% | +7.7% | +7.3% | |
| Q1 2022 | -7.0% | -11.1% | -18.4% | |
| Q4 2021 | -5.8% | -5.5% | +9.7% | |
| Q3 2021 | +0.5% | -2.1% | -6.0% | |
| Q2 2021 | -0.8% | +0.0% | +5.9% | |
| Q1 2021 | -2.9% | -1.8% | -0.5% | |
| Q4 2020 | -2.8% | +2.2% | -10.2% | |
| Q3 2020 | -5.7% | -7.3% | +0.8% | |
| Q2 2020 | -7.7% | -8.5% | -4.9% | |
| Q1 2020 | +10.4% | +4.1% | +14.3% | |
| Q4 2019 | +5.7% | -1.0% | -26.6% | |
| Q3 2019 | +1.1% | +6.2% | +15.0% | |
| Q2 2019 | -9.1% | -5.9% | -19.2% | |
| Q1 2019 | -11.5% | -9.5% | -13.9% | |
| Q4 2018 | -2.3% | -6.6% | -18.1% | |
| Q3 2018 | -18.3% | -23.3% | -13.8% | |
| Q2 2018 | +1.6% | +2.1% | -0.1% | |
| Q1 2018 | -0.1% | +0.4% | +11.0% | |
| Q4 2017 | -1.4% | -6.1% | -9.9% | |
| Q3 2017 | -8.2% | -7.8% | -1.0% | |
| Q2 2017 | -3.4% | -1.8% | +2.9% | |
| Q1 2017 | +3.0% | +0.5% | -2.6% | |
| Q4 2016 | +1.2% | -3.8% | -4.0% | |
| Q3 2016 | -2.4% | -4.8% | +22.0% | |
| Q2 2016 | +4.2% | +1.0% | +17.0% | |
| Q1 2016 | +4.0% | — | — | |
| Q4 2015 | -25.4% | — | — | |
| Q3 2015 | +4.6% | — | — | |
| Q2 2015 | +4.6% | — | — | |
| Q1 2015 | -12.5% | — | — | |
| Q4 2014 | +6.8% | — | — | |
| Q3 2014 | -2.1% | — | — | |
| Q2 2014 | +1.5% | — | — | |
| Q1 2014 | +4.8% | — | — | |
| Q4 2013 | +10.4% | — | — | |
| Q3 2013 | +7.3% | — | — | |
| Q2 2013 | +6.2% | — | — | |
| Q1 2013 | -3.3% | — | — | |
| Q4 2012 | -3.6% | — | — | |
| Q3 2012 | -3.9% | — | — | |
| Q2 2012 | +19.1% | — | — | |
| Q1 2012 | +1.6% | — | — | |
| Q4 2011 | +5.1% | — | — | |
| Q4 2010 | +4.2% | — | — | |
| Q3 2011 | +4.2% | — | — | |
| Q2 2011 | -13.8% | — | — | |
| Q1 2010 | -4.1% | — | — | |
| Q1 2011 | +6.6% | — | — | |
| Q4 2008 | +2.6% | — | — | |
| Q3 2009 | -3.2% | — | — | |
| Q3 2010 | -3.2% | — | — | |
| Q2 2010 | -1.7% | — | — | |
| Q4 2009 | -1.7% | — | — | |
| Q2 2009 | -1.7% | — | — |
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