NYSE$TRN

Trinity Industries Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Trinity Industries reported Q2 2025 revenues of $506.2 million and net income of $20.0 million.

Trinity Industries posted consolidated revenues of $506.2 million for the second quarter of 2025, down from $841.4 million in the prior-year period due to lower railcar deliveries. Operating profit declined to $95.4 million while net income attributable to Trinity totaled $14.1 million. The Leasing Group maintained strong fleet utilization at 96.8% with continued investment in the lease fleet.

  • Q2 revenues fell 39.8% year-over-year to $506.2 million primarily from reduced external railcar deliveries in the Rail Products Group.
  • Leasing & Services revenues rose 7.5% to $302.4 million driven by higher lease rates, though gains on lease portfolio sales declined.
  • Company-owned lease fleet utilization remained high at 96.8% on 111,545 railcars as of June 30, 2025.
  • The company completed a $1.05 billion refinancing of the TRL-2023 term loan in April 2025, extending maturity to 2030.

Headline financials

Total Revenue

$506M

Previous: $841M-39.8%
EPS (adj)

$0.17

Previous: $0.65-73.8%
Lease fleet utilization

96.8%

Previous: 96.9%-0.1%
Capital Expenditures

-$17.9M

Previous: -$15.9M-12.6%
Net Income

$14.1M

Previous: $54.4M-74.1%
Operating Income

$95.4M

Previous: $142M-32.8%

Revenue & EPS history

Trinity · Revenue · Quarterly

$506M

Q2 2025-39.8%vs Q2 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Trinity · $506M total across 2 segments · Q2 2025

  • Leasing & Services
    $302M
  • Manufacturing
    $204M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro