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Trinity Industries (TRN) Company Profile

Updated Jun 19, 2020
Trinity Industries has the following business profile:
Company's Full Name:Trinity Industries, Inc.
Short Name:Trinity Industries
Trading Ticker Symbol:TRN
Primary Exchange:NYSE
Headquarter City/Country:Texas, TX
Primary Industry Sector:Capital Goods
Seconday Sub-sector:Railroads
Main Business Areas: Capital Goods, Railroads, Industrials
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Trinity Industries stock

Market and Trading Information for Trinity Industries

The following details were available for trading and market data about the stock of Trinity Industries as of writing:
Current Share Price:$21.88
Previous Year's Closing Price:$22.15
Percentage Price Change (YTD):-1.22%
Market Cap:$2.58 billion
52-week Price Range:$14.53 - $24.64
Dividend Per Share:$0.7
EPS (TTM):2.13
Price-Earnings (Trailing):10.28
Price-Earnings (Forward):34.73

Company Profile and Business Description for Trinity Industries

Trinity Industries, Inc., incorporated on August 4, 1986, is a diversified industrial company that owns businesses providing products and services to the energy, chemical, agriculture, transportation and construction sectors. The Company's products and services include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; construction aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products. The Company's segments include the Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other. Its All Other segment includes its captive insurance and transportation companies, and other peripheral businesses.

Rail Group

The Company's Rail Group is a manufacturer of freight and tank railcars used for transporting a range of liquids, gases and dry cargo. It manufactures a line of railcars, including autorack cars, which transport finished automobiles, sport utility vehicles and light trucks; box cars, which carry a range of bulk cargo, such as auto parts, paper and food products; covered hopper cars, which transport commodities, such as industrial sand and cement, grain products, dry fertilizer and plastics; gondola cars, which are used for coal service, while other gondola cars carry bulk commodities, such as scrap metal, aggregate, ores and finished steel; intermodal cars, which transport shipping containers in single or double stacked configurations, as well as truck trailers; open hopper cars, which transport coal, aggregates and other similar products, and tank cars, which consists of non-pressurized tank cars and pressurized tank cars. Its non-pressurized tank cars transport a range of liquid commodities, including chemicals, food products and petroleum products, while pressurized tank cars are used to transport liquefied gases. It manufactures railcar axles and coupling devices. It also manufactures and sells various railcar parts and components used in manufacturing and repairing railcars. It provides railcar maintenance services at various facilities in the United States.

Railcar Leasing and Management Services Group

The Company's Railcar Leasing and Management Services Group is a provider of rail industry services. The Company, through its subsidiaries, Trinity Industries Leasing Company (TILC), TRIP Rail Holdings LLC (TRIP Holdings) and RIV 2013 Rail Holdings LLC (RIV 2013), offers operating leases for tank and freight railcars. In addition, TILC originates and manages railcar leases for third-party investor-owned funds and provides fleet maintenance and management services to industrial shippers. The railcars in its lease fleet are leased to industrial shippers and railroads. These companies operate in various markets, including chemical, agricultural, automotive and energy industries. As of December 31, 2016, the lease fleet of its subsidiaries included 85,110 owned or leased railcars.

Construction Products Group

The Company's Construction Products Group, through its subsidiaries, manufactures highway products, as well as other steel products for infrastructure-related projects, and mines and produces construction aggregates. The Company's highway products business includes manufacturing of guardrail, crash cushions and other barriers. Its crash cushion, barrier and guardrail products include various products manufactured under license from certain public and private research organizations and inventors, as well as Company-held patents. It produces and distributes lightweight and natural aggregates, including expanded shale and clay; crushed stone; sand and gravel; asphalt rock, and various other products in the Western and Southwestern United States. Its construction aggregates customers are concrete producers; commercial, residential and highway contractors; manufacturers of masonry products, and state and local governments. It also manufactures a line of trench shields and shoring products for the construction industry.

Inland Barge Group

The Company's Inland Barge Group, through its subsidiaries, manufactures inland barges and fiberglass barge covers. It manufactures a range of dry cargo barges, such as deck barges and open or covered hopper barges that transport various commodities, such as grain, coal and aggregates. It also manufactures tank barges used to transport liquids, including chemicals and a range of petroleum products. Its fiberglass reinforced lift covers are used for grain barges. Its Inland Barge customers are commercial marine transportation companies.

Energy Equipment Group

The Company's Energy Equipment Group segment, through its subsidiaries, manufactures structural wind towers; utility steel structures for electricity transmission and distribution; storage and distribution containers, and tank heads for pressure and non-pressure vessels. Its structural wind towers are used in the wind energy market. Its customers are wind turbine producers. Its steel utility structures for electricity transmission and distribution are used principally by municipalities and other local and state governmental entities, as well as by public and private utilities. It manufactures a portion of its storage and distribution containers in Mexico under the brand name of TATSA. Its storage and distribution containers support the oil, gas and chemical industries and are used by industrial plants, utilities, residences and small businesses in suburban and rural areas. It manufacture fertilizer storage and distribution containers for bulk storage, farm storage, and the application and distribution of anhydrous ammonia. It also manufactures cryogenic tanks and trailers for the distribution of industrial gases and liquefied natural gas. Its storage and distribution container products range from nine-gallon containers for motor fuel use to 1.8 million-gallon bulk storage spheres. It sells its storage and distribution containers to dealers and industrial users. It delivers storage and distribution containers to its customers installing and filling the containers. Additionally, it manufactures and sells oil and gas process and storage equipment. It also manufactures tank heads, which are pressed metal components used in the manufacturing of its finished products, both pressure rated and non-pressure rated, depending on their intended use. It uses a portion of the tank heads it manufactures in the production of its railcars and storage and distribution containers. It also sells its tank heads to a range of other manufacturers.

2525 N Stemmons Fwy

ETFs Holding Trinity Industries Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Trinity Industries stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Trinity Industries stock holding. There are a total of 77 ETFs in records which are holding Trinity Industries stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
No. of
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
DEWWisdomTree Global Equity Income FundThe WisdomTree Global High Dividend ETF tracks an index of the top 30% of global dividend-paying stocks ranked by dividend yield and weighted by dividends. ...Full Details0.58%660
Full List
DGROiShares Core Dividend Growth ETFThe iShares Core Dividend Growth ETF tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. ...Full Details0.08%449
Full List
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
ESGVVanguard ESG US Stock ETFThe Vanguard ESG U.S. Stock ETF tracks a market-cap-weighted index of US companies screened for environmental, social, and corporate governance (ESG) criteria. ...Full Details0.12%988
Full List
EXTWisdomTree US Total Earnings ETFThe WisdomTree U.S. Total Earnings Fund tracks an index selected and weighted by earnings over the past four quarters. ...Full Details0.28%1233
Full List
FIDUFidelity MSCI Industrials Index ETFThe Fidelity MSCI Industrials Index ETF tracks a market-cap-weighted index of stocks in the broad US industrials sector. ...Full Details0.08%343
Full List
FNDBSchwab Fundamental US Broad Market Index ETFThe Schwab Fundamental U.S. Broad Market Index ETF tracks a fundamentally selected and weighted Russell Index based on sales, cash flow and dividends/buybacks. ...Full Details0.25%1481
Full List
FNDXSchwab Fundamental US Large Company Index ETFThe Schwab Fundamental US Large Company Index ETF tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends/buybacks. ...Full Details0.25%671
Full List
ITOTiShares Core S&P Total US Stock Market ETFThe iShares Core S&P Total U.S. Stock Market ETF tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ...Full Details0.03%3090
Full List

See Full List of ETFs holding Trinity Industries stock in their respective portfolios.

Peer / Competitor Companies of Railroads Sector

Along with Trinity Industries, Inc., the following other peer (competitor) companies also exist within the same Railroads - Capital Goods sector whose company profile and dividend history is as follows:

▶ Canadian National Railway (CNI): Canadian National Railway Company, incorporated on August 24, 1995, is engaged in the rail and related transportation business. The Companys network of approximately 20,000 route miles of track spans Canada ....See Detailed Company Profile,  Dividend History

▶ Canadian Pacific Railway (CP): Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company transports bulk commodities, including grain, ....See Detailed Company Profile,  Dividend History

▶ CSX (CSX): CSX Corporation, incorporated on November 15, 1978, is a transportation company. The Company provides rail-based freight transportation services, including traditional rail service and transport of intermodal containers and trailers, as ....See Detailed Company Profile,  Dividend History

▶ Freightcar America (RAIL): FreightCar America, Inc., incorporated on March 15, 2005, is a manufacturer of railcars and railcar components. The Company operates in the Manufacturing segment. The Company designs and manufactures a range ....See Detailed Company Profile,  Dividend History

▶ Genesee and Wyoming (GWR): Genesee & Wyoming Inc. owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K.u002FEuropean Operations. The company transport....See Detailed Company Profile,  Dividend History

▶ Greenbrier Companies (GBX): The Greenbrier Companies, Inc., incorporated on October 25, 2005, is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of ....See Detailed Company Profile,  Dividend History

▶ Guangshen Railway (GSH): Guangshen Railway Company Limited, incorporated on March 6, 1996, is engaged in the provision of passenger and freight transportation on railroads. The Company also operates certain other businesses, which include ....See Detailed Company Profile,  Dividend History

▶ Kansas City Southern (KSU): Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regi....See Detailed Company Profile,  Dividend History

▶ Kelso (KIQ): Kelso Technologies Inc., a railroad equipment supplier, produces and sells tank car service equipment used in the loading, unloading, and containment of hazardous materials during transport in the United States....See Detailed Company Profile,  Dividend History

▶ Norfolk Southern (NSC): Norfolk Southern Corporation, incorporated on August 24, 2009, is a holding company engaged principally in the rail transportation business. As of December 31, 2016, the Company operated approximately 19,500 miles ....See Detailed Company Profile,  Dividend History

▶ Union Pacific (UNP): Union Pacific Corporation, incorporated on February 3, 1969, is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). ....See Detailed Company Profile,  Dividend History

▶ USD Partners LP (USDP): USD Partners LP, incorporated on June 5, 2014, acquires, develops and operates energy-related logistics assets, including rail terminals and other midstream infrastructure. The Companys segments include Terminalling services and Fleet ....See Detailed Company Profile,  Dividend History

▶ Westinghouse Air Brake (WAB): Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, incorporated on October 19, 1989, is a provider of technology-based equipment and services for the global freight and transit ....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Railroads Sector.

Stock List of Other Capital Goods Sub-sectors

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Stock List of Other Top-level Sectors

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