Trinity Industries Posts Q3 Revenue of $454 Million and EPS of $0.38
Trinity Industries Inc. reported Q3 revenue of $454 million, with net income from continuing operations at $31.4 million, down from $36.7 million year-over-year. Diluted EPS decreased to $0.38 from $0.44. EBITDA was $197.4 million, slightly lower than the previous year's $200.9 million. The company delivered 1,680 railcars and received 350 new orders, with a lease fleet utilization of 96.8%. The backlog reached $1.8 billion, and the Rail Products segment reported a 7.1% operating profit margin.
Trinity Industries Inc. reported total company revenues of $454 million for the third quarter ended September 30, 2025. Net income from continuing operations attributable to Trinity Industries was $31.4 million, compared to $36.7 million in the prior year period. Diluted earnings per share from continuing operations were $0.38, down from $0.44 in the same period last year. EBITDA for the quarter was $197.4 million, slightly lower than $200.9 million in the prior year. The effective tax expense rate was 23.0%, compared to 27.7% in the previous year. For the nine months ended September 30, 2025, net cash provided by operating activities from continuing operations was $187.2 million, compared to $383.5 million in the same period of 2024. The company attributed this change primarily to higher inventory balances, the purchase of tax credits, and incentive-based compensation payments accrued as of December 31, 2024. Business developments during the quarter included railcar deliveries totaling 1,680 units and new railcar orders of 350 units. The company reported lease fleet utilization at 96.8% and a Future Lease Rate Differential (FLRD) of positive 8.7% at quarter-end. Gains on lease portfolio sales totaled $21.7 million for the quarter, with year-to-date net gains on lease portfolio sales of $35 million. The backlog at quarter-end stood at $1.8 billion. In the Railcar Leasing and Services segment, revenue increased by 4.0% year over year, driven by higher lease rates and favorable pricing on external repairs. The Rail Products segment reported an operating profit margin of 7.1%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trinity Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251030301715) on October 30, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
