Trinity Industries Inc

Latest Results (07.10.2025):

Trinity Industries Inc. reported its financial results for the first quarter of 2025, showcasing solid performance with continued operational strength despite external challenges. The company achieved a diluted earnings per share of $0.29 and maintained a strong lease fleet utilization rate, reflecting robust demand and effective management strategies.

Revenue and Earnings

The company reported total revenues of $585.4 million for the first quarter of 2025, with earnings from continuing operations of $0.29 per diluted share. This marks a slight decrease from the previous year, influenced by lower external deliveries in the Rail Products Group.

Operating Cash Flow and Lease Gains

Trinity Industries generated an operating cash flow of $78.4 million and realized net gains of $6 million from lease portfolio sales. These figures highlight the company's effective cash management and strategic lease portfolio enhancements.

Lease Fleet Utilization and FLRD

The lease fleet utilization stood at 96.8%, with a Future Lease Rate Differential (FLRD) of +17.9%. This indicates strong demand and favorable lease rate trends, supporting the company's leasing segment performance.

Railcar Deliveries and Backlog

In the quarter, Trinity delivered 3,060 railcars, contributing to a backlog of $1.9 billion at quarter-end. This performance underscores the company's ability to meet demand and maintain a substantial order backlog.

Guidance for 2025

For the year 2025, Trinity Industries anticipates industry deliveries of approximately 28,000 to 33,000 railcars, with net fleet investments ranging between $300 million and $400 million. The company projects an EPS of $1.40 to $1.60, reflecting confidence in sustained growth and profitability.