Trinity Industries, Inc. (TRN) Financial Statements (2024 and earlier)

Company Profile

Business Address 14221 N DALLAS PARKWAY
DALLAS, TX 75254
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3743 - Railroad Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments91,70081,90079,60058,50049,700143,200
Cash and cash equivalents91,70081,90079,60058,50049,700143,200
Inventory, net of allowances, customer advances and progress billings622,200632,700629,400686,500630,700508,400
Inventory622,200632,700629,400686,500630,700508,400
Total current assets:713,900714,600709,000745,000680,400651,600
Noncurrent Assets
Operating lease, right-of-use asset92,10091,20093,10089,90090,80088,500
Property, plant and equipment7,029,2006,976,5006,886,8006,893,8006,944,1006,803,600
Intangible assets, net (including goodwill)222,100222,300274,900159,500159,200154,200
Goodwill222,100222,300195,900159,500159,200154,200
Intangible assets, net (excluding goodwill)   79,000   
Total noncurrent assets:7,343,4007,290,0007,254,8007,143,2007,194,1007,046,300
Other undisclosed assets964,700834,600760,500710,900750,300593,300
TOTAL ASSETS:9,022,0008,839,2008,724,3008,599,1008,624,8008,291,200
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Long-term debt and lease obligation:    112,100113,600112,300
Liabilities, other than long-term debt110,800111,500    
Operating lease, liability110,800111,500 112,100113,600112,300
Total noncurrent liabilities:110,800111,500 224,200227,200224,600
Other undisclosed liabilities7,662,2007,477,3007,454,7007,113,8007,141,4006,771,000
Total liabilities:7,773,0007,588,8007,454,7007,338,0007,368,6006,995,600
Equity
Equity, attributable to parent994,600994,2001,012,4001,005,900997,6001,032,000
Common stock800800800800800800
Treasury stock, value(700)(1,500)(700)(15,100)(700)(800)
Additional paid in capital5,9006,600 6,100 5,300
Accumulated other comprehensive income17,60012,70019,70016,4006,400100
Retained earnings971,000975,600992,600997,700991,1001,026,600
Equity, attributable to noncontrolling interest254,400256,200257,200255,200258,600263,600
Total equity:1,249,0001,250,4001,269,6001,261,1001,256,2001,295,600
TOTAL LIABILITIES AND EQUITY:9,022,0008,839,2008,724,3008,599,1008,624,8008,291,200

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues722,400641,700591,200496,600416,800472,700
Cost of revenue
(Cost of Goods and Services Sold)
(601,200)(538,500)(490,200)(395,300)(325,600)(398,500)
Gross profit:121,200103,200101,000101,30091,20074,200
Operating expenses(22,100)(34,200)12,500(8,600)(18,200)(19,400)
Operating income:99,10069,000113,50092,70073,00054,800
Nonoperating expense(68,200)(63,700)(60,500)(54,400)(50,700)(41,900)
Interest and debt expense     (1,500) 
Income from continuing operations before equity method investments, income taxes:30,9005,30053,00038,30020,80012,900
Other undisclosed income from continuing operations before income taxes     1,500 
Income from continuing operations before income taxes:30,9005,30053,00038,30022,30012,900
Income tax expense (benefit)(7,400)11,500(10,200)(8,600)(5,800)(3,000)
Income from continuing operations:23,50016,80042,80029,70016,5009,900
Income before gain (loss) on sale of properties:26,30013,1003,000
Loss from discontinued operations   (6,600)(3,400)(3,400)(6,900)
Other undisclosed net loss(2,300)(3,100)  (4,600)(1,100)
Net income:21,20013,70036,20026,3008,5001,900
Net loss attributable to noncontrolling interest(4,200)(9,300)(4,900)(500)(4,800)(2,600)
Net income (loss) available to common stockholders, diluted:17,0004,40031,30025,8003,700(700)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:21,20013,70036,20026,3008,5001,900
Other comprehensive income (loss)5,000(14,400)3,50010,3005,30017,300
Comprehensive income (loss):26,200(700)39,70036,60013,80019,200
Comprehensive loss, net of tax, attributable to noncontrolling interest(4,300)(1,900)(5,100)(800)(3,800)(2,800)
Comprehensive income (loss), net of tax, attributable to parent:21,900(2,600)34,60035,80010,00016,400

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: