Latest news with #TrinityIndustries
Yahoo
10-08-2025
- Business
- Yahoo
Looking For Yields: Clorox, HP, And Trinity Industries Are Consistent Moneymakers
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Clorox, HP, and Trinity Industries have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 4%. Clorox The Clorox Company (NYSE:CLX) is a global manufacturer and marketer of consumer and professional products, with a diverse portfolio including cleaning and disinfecting products, food products, and personal care items. Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— Clorox has increased its dividends every year for the last 47 years. In its most recent dividend hike announcement on July 30, it raised the quarterly payout from $1.22 to $1.24 per share, equaling $4.96 annually. Currently, the dividend yield on the stock is 3.96%. The company's annual revenue as of March 31 stood at $7.02 billion. The company on July 31 posted Q4 2025 revenues of $1.99 billion and EPS of $2.87, both coming in above the consensus estimates. Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. HP HP Inc. (NYSE:HPQ) provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the U.S. and internationally. HP has raised its dividends consecutively for the last nine years. In its most recent dividend hike announcement on Nov. 26, the company raised the quarterly payout by 5% to $0.2894, equal to an annual figure of $1.16 per share. More recently, in its dividend announcement on June 10, the company maintained the payout at the same level. The current dividend yield on the stock is 4.62%. The company's annual revenue as of April 30 stood at $54.30 billion. In its Q2 2025 earnings report on May 28, it posted revenues of $13.22 billion, above the consensus estimate of $13.15 billion, while EPS of $0.71 missed the consensus of $0.80. Check out this article by Benzinga for P/E ratio insights on Industries Trinity Industries Inc. (NYSE:TRN) provides railcar products and services under the TrinityRail trade name in North America. Trinity Industries has raised its dividends every year for the last 14 years. In its most recent dividend hike announcement on Dec. 5, the board increased the quarterly payout from $0.28 to $0.30 per share, equaling an annual figure of $1.20 per share. More recently, in its dividend announcement on May 15, the company maintained the payout at the same level. Currently, the dividend yield on the stock stands at 4.56%. The company's annual revenue as of June 30 stood at $2.52 billion. The company on July 31 posted Q2 2025 revenues of $506.20 million and EPS of $0.19, both missing the consensus estimates. Clorox, HP, and Trinity Industries are good choices for investors seeking reliable passive income. Their dividend yields of around 4% and long history of consistent hikes make them attractive to income-focused investors. Read Next: $100k+ in investable assets? – no cost, no obligation. Image: Shutterstock This article Looking For Yields: Clorox, HP, And Trinity Industries Are Consistent Moneymakers originally appeared on
Business Wire
31-07-2025
- Business
- Business Wire
Trinity Industries, Inc. Announces Second Quarter 2025 Results
DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the second quarter ended June 30, 2025. Financial and Operational Highlights Quarterly total company revenues of $506 million Quarterly income from continuing operations per common diluted share ("EPS") of $0.19 Lease fleet utilization of 96.8% and FLRD of positive 18.3% at quarter-end New railcar orders of 2,310 and railcar deliveries of 1,815; book-to-bill ratio of 1.3x Year-to-date cash flow from continuing operations of $142 million and net gains on lease portfolio sales of $14 million 2025 Guidance Industry deliveries of approximately 28,000 to 33,000 railcars Net fleet investment of $250 million to $350 million Operating and administrative capital expenditures of $45 million to $55 million EPS of $1.40 to $1.60 Excludes items outside of our core business operations Management Commentary 'Our second quarter results highlight the robust performance of our leasing business and Trinity's capability to generate substantial cash flow,' stated Trinity's Chief Executive Officer and President, Jean Savage. 'We are seeing recovery in new railcar demand as sequential order volumes improved, and we generated a book-to-bill of 1.3x.' Ms. Savage continued, 'In our Railcar Leasing and Services segment, the market has remained strong with utilization of 96.8% and an FLRD of 18.3%, which gives us confidence that the industry fleet is in balance. Year-over-year segment revenue increased by 7.5% as we continue to re-price our fleet upward. Additionally, Trinity continues to find consistent opportunities in the secondary market as both a buyer and a seller. In the Rail Products Group, our margins reflect the strategic initiatives we have undertaken over the last several years that give us the ability to perform in a low volume environment.' 'In keeping with our capital allocation strategy, we capitalized on favorable market conditions and repurchased shares worth $39 million year-to-date to further optimize our balance sheet position,' Ms. Savage noted. Ms. Savage concluded, 'We are maintaining our full year EPS guidance of $1.40 to $1.60, which reflects our expectation of improved deliveries from second quarter levels and continued improvement across the business in the second half of the year.' Additional Business Items Total committed liquidity of $792 million as of June 30, 2025. Business Group Summary Conference Call Trinity will hold a conference call at 8:00 a.m. Eastern on July 31, 2025 to discuss its second quarter results. To listen to the call, please visit the Investor Relations section of the Company's website at and access the Events & Presentations webpage, or the live call can be accessed at 1-888-317-6003 with the conference passcode "3131927". Please call at least 10 minutes in advance to ensure a proper connection. An audio replay may be accessed through the Company's website or by dialing 1-877-344-7529 with passcode "4452791" until 11:59 p.m. Eastern on August 7, 2025. Additionally, the Company will provide a quarterly investor presentation that will be accessible both within the webcast and on Trinity's Investor Relations website under the Events and Presentations portion of the site along with the Second Quarter Earnings Call event weblink. Non-GAAP Financial Measures We have included financial measures compiled in accordance with generally accepted accounting principles ("GAAP") and certain non-GAAP measures in this earnings press release to provide management and investors with additional information regarding our financial results. Non-GAAP measures should not be considered in isolation or as a substitute for our reported results prepared in accordance with GAAP and, as calculated, may not be comparable to other similarly titled measures for other companies. For each non-GAAP financial measure, a reconciliation to the most comparable GAAP measure has been included in the accompanying tables. When forward-looking non-GAAP measures are provided, quantitative reconciliations to the most directly comparable GAAP measures are not provided because management cannot, without unreasonable effort, predict the timing and amounts of certain items included in the computations of each of these measures. These factors include, but are not limited to: the product mix of expected railcar deliveries; the timing and amount of significant transactions and investments, such as lease portfolio sales, capital expenditures, and returns of capital to stockholders; and the amount and timing of certain other items outside the normal course of our core business operations. About Trinity Industries Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North America. Our businesses market their railcar products and services under the trade name TrinityRail ®. Our platform also includes the brands of RSI Logistics, a provider of software and logistics solutions, and Holden America, a supplier of railcar parts and components. Our platform provides railcar leasing and management services; railcar manufacturing; railcar maintenance and modifications; and other railcar logistics products and services. Trinity reports its financial results in two reportable business segments: (1) Railcar Leasing and Services Group and (2) Rail Products Group. For more information, visit: Some statements in this release, which are not historical facts, are 'forward-looking statements' as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about Trinity's estimates, expectations, beliefs, intentions or strategies for the future, and the assumptions underlying these forward-looking statements, including, but not limited to, future financial and operating performance, future opportunities and any other statements regarding events or developments that Trinity believes or anticipates will or may occur in the future. Trinity uses the words 'anticipates,' 'assumes,' 'believes,' 'estimates,' 'expects,' 'intends,' 'forecasts,' 'may,' 'will,' 'should,' 'guidance,' 'projected,' 'outlook,' and similar expressions to identify these forward-looking statements. Forward-looking statements speak only as of the date of this release, and Trinity expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Trinity's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, except as required by federal securities laws. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from historical experience or our present expectations, including but not limited to risks and uncertainties regarding economic, competitive, governmental, and technological factors affecting Trinity's operations, markets, products, services and prices, and such forward-looking statements are not guarantees of future performance. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see 'Risk Factors' and 'Forward-Looking Statements' in Trinity's Annual Report on Form 10-K for the most recent fiscal year, as may be revised and updated by Trinity's Quarterly Reports on Form 10-Q, and Trinity's Current Reports on Form 8-K. - TABLES TO FOLLOW - Note: Earnings per common share is calculated independently for each component and may not sum to total net income attributable to Trinity Industries, Inc. per common share due to rounding. Trinity has certain unvested restricted stock awards that participate in dividends on a nonforfeitable basis and are therefore considered to be participating securities. Consequently, diluted net income attributable to Trinity Industries, Inc. per common share is calculated under both the two-class method and the treasury stock method, and the more dilutive of the two calculations is presented. Trinity Industries, Inc. Condensed Consolidated Statements of Cash Flows (in millions) (unaudited) Six Months Ended June 30, 2025 2024 Operating activities: Net cash provided by operating activities – continuing operations $ 141.9 $ 299.7 Net cash used in operating activities – discontinued operations (3.8 ) (6.0 ) Net cash provided by operating activities 138.1 293.7 Investing activities: Capital expenditures – lease fleet (295.7 ) (232.7 ) Proceeds from lease portfolio sales 63.0 186.7 Capital expenditures – operating and administrative (17.9 ) (15.9 ) Other investing activities 8.5 6.0 Net cash used in investing activities (242.1 ) (55.9 ) Financing activities: Net proceeds from (repayments of) debt 160.1 (37.7 ) Shares repurchased (39.0 ) (0.9 ) Dividends paid to common shareholders (50.4 ) (47.2 ) Other financing activities (25.8 ) (22.9 ) Net cash provided by (used in) financing activities 44.9 (108.7 ) Net increase (decrease) in cash, cash equivalents, and restricted cash (59.1 ) 129.1 Cash, cash equivalents, and restricted cash at beginning of period 374.4 235.1 Cash, cash equivalents, and restricted cash at end of period $ 315.3 $ 364.2 Expand Trinity Industries, Inc. Reconciliations of Non-GAAP Measures ($ in millions, except per share amounts and percentages) (unaudited) Adjusted Operating Results We have supplemented the presentation of our reported GAAP operating profit, income from continuing operations before income taxes, provision (benefit) for income taxes, income from continuing operations, net income from continuing operations attributable to Trinity Industries, Inc., and diluted income from continuing operations per common share attributable to Trinity Industries, Inc. with non-GAAP measures that adjust the GAAP measures to exclude the impact of certain interest expense, net; and certain other transactions or events (as applicable), described in the footnote to the tables below. These non-GAAP measures are derived from amounts included in our GAAP financial statements and are reconciled to the most directly comparable GAAP financial measures in the tables below. Management believes that these measures are useful to both management and investors for analyzing the performance of our business without the impact of certain items that are not indicative of our normal business operations. Non-GAAP measures should not be considered in isolation or as a substitute for our reported results prepared in accordance with GAAP and, as calculated, may not be comparable to other similarly titled measures for other companies. Six Months Ended June 30, 2024 GAAP Interest expense, net (1) Adjusted Operating profit $ 257.1 $ — $ 257.1 Income from continuing operations before income taxes $ 117.9 $ (0.8 ) $ 117.1 Provision (benefit) for income taxes $ 28.1 $ (0.2 ) $ 27.9 Income from continuing operations $ 89.8 $ (0.6 ) $ 89.2 Net income from continuing operations attributable to Trinity Industries, Inc. $ 84.1 $ (0.6 ) $ 83.5 Diluted weighted average shares outstanding 83.4 83.4 Diluted income from continuing operations per common share attributable to Trinity Industries, Inc. $ 1.01 $ 1.00 (1) Represents interest income accretion related to a seller-financing agreement associated with the sale of certain non-operating assets. Expand Adjusted Return on Equity Adjusted Return on Equity ('Adjusted ROE') is defined as a ratio for which (i) the numerator is calculated as income or loss from continuing operations, adjusted to exclude the effects of net income or loss attributable to noncontrolling interest, and certain other adjustments (net of income taxes), described in the footnotes to the table below, which include certain gains on dispositions of other property; restructuring activities, net; and interest expense, net; and (ii) the denominator is calculated as average Trinity stockholders' equity (which excludes noncontrolling interest). In the following table, the numerator and denominator of our Adjusted ROE calculation are reconciled to income from continuing operations and total stockholders' equity, respectively, which are the most directly comparable GAAP financial measures. Management believes that Adjusted ROE is a useful measure to both management and investors as it provides an indication of the economic return on the Company's investments over time. Non-GAAP measures should not be considered in isolation or as a substitute for our reported results prepared in accordance with GAAP and, as calculated, may not be comparable to other similarly titled measures for other companies. Cash Flow from Operations with Net Gains on Lease Portfolio Sales Cash flow from operations with net gains on lease portfolio sales is a non-GAAP financial measure. We believe this measure is useful to both management and investors as it provides a relevant measure of liquidity and a useful basis for assessing the breadth of the cash flow generation capabilities across our operating platform, as well as our ability to fund our operations and repay our debt. This measure is defined as net cash provided by operating activities from continuing operations as computed in accordance with GAAP, plus net gains on lease portfolio sales and is reconciled to net cash provided by operating activities from continuing operations, the most directly comparable GAAP financial measure, in the following table. Non-GAAP measures should not be considered in isolation or as a substitute for our reported results prepared in accordance with GAAP and, as calculated, may not be comparable to other similarly titled measures for other companies. EBITDA and Adjusted EBITDA 'EBITDA' is defined as income from continuing operations plus interest expense, provision (benefit) for income taxes, and depreciation and amortization expense. Adjusted EBITDA is defined as EBITDA plus certain interest income. EBITDA and Adjusted EBITDA are non-GAAP financial measures; however, the amounts included in these calculations are derived from amounts included in our GAAP financial statements. EBITDA and Adjusted EBITDA are reconciled to net income, the most directly comparable GAAP financial measure, in the following table. This information is provided to assist management and investors in making meaningful comparisons of our operating performance between periods. We believe EBITDA is a useful measure for analyzing the performance of our business. We also believe that EBITDA is commonly reported and widely used by investors and other interested parties as a measure of a company's operating performance and debt servicing ability because it assists in comparing performance on a consistent basis without regard to capital structure, depreciation or amortization (which can vary significantly depending on many factors). EBITDA and Adjusted EBITDA should not be considered as alternatives to net income, as indicators of our operating performance, or as alternatives to operating cash flows as measures of liquidity. Non-GAAP measures should not be considered in isolation or as a substitute for our reported results prepared in accordance with GAAP and, as calculated, may not be comparable to other similarly titled measures for other companies.
Yahoo
07-07-2025
- Business
- Yahoo
Trinity (TRN): Buy, Sell, or Hold Post Q1 Earnings?
Over the past six months, Trinity's shares (currently trading at $29.03) have posted a disappointing 17.8% loss, well below the S&P 500's 6.2% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation. Is there a buying opportunity in Trinity, or does it present a risk to your portfolio? Get the full stock story straight from our expert analysts, it's free. Even though the stock has become cheaper, we're cautious about Trinity. Here are three reasons why TRN doesn't excite us and a stock we'd rather own. A company's long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Trinity struggled to consistently generate demand over the last five years as its sales dropped at a 1.1% annual rate. This was below our standards and is a sign of lacking business quality. If you've followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can't use accounting profits to pay the bills. Trinity's demanding reinvestments have drained its resources over the last five years, putting it in a pinch and limiting its ability to return capital to investors. Its free cash flow margin averaged negative 13.3%, meaning it lit $13.34 of cash on fire for every $100 in revenue. This is a stark contrast from its operating margin, and its investments in working capital/capital expenditures are the primary culprit. As long-term investors, the risk we care about most is the permanent loss of capital, which can happen when a company goes bankrupt or raises money from a disadvantaged position. This is separate from short-term stock price volatility, something we are much less bothered by. Trinity's $6.21 billion of debt exceeds the $94.9 million of cash on its balance sheet. Furthermore, its 8× net-debt-to-EBITDA ratio (based on its EBITDA of $796.2 million over the last 12 months) shows the company is overleveraged. At this level of debt, incremental borrowing becomes increasingly expensive and credit agencies could downgrade the company's rating if profitability falls. Trinity could also be backed into a corner if the market turns unexpectedly – a situation we seek to avoid as investors in high-quality companies. We hope Trinity can improve its balance sheet and remain cautious until it increases its profitability or pays down its debt. Trinity isn't a terrible business, but it doesn't pass our quality test. Following the recent decline, the stock trades at 4.4× forward EV-to-EBITDA (or $29.03 per share). This valuation is reasonable, but the company's shakier fundamentals present too much downside risk. We're pretty confident there are superior stocks to buy right now. We'd suggest looking at an all-weather company that owns household favorite Taco Bell. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.
Yahoo
15-06-2025
- Business
- Yahoo
Here's Why Trinity Industries (NYSE:TRN) Has Caught The Eye Of Investors
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. In contrast to all that, many investors prefer to focus on companies like Trinity Industries (NYSE:TRN), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That makes EPS growth an attractive quality for any company. To the delight of shareholders, Trinity Industries has achieved impressive annual EPS growth of 51%, compound, over the last three years. That sort of growth rarely ever lasts long, but it is well worth paying attention to when it happens. It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. Unfortunately, Trinity Industries' revenue dropped 9.4% last year, but the silver lining is that EBIT margins improved from 12% to 14%. While not disastrous, these figures could be better. In the chart below, you can see how the company has grown earnings and revenue, over time. For finer detail, click on the image. View our latest analysis for Trinity Industries Fortunately, we've got access to analyst forecasts of Trinity Industries' future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting. It's a necessity that company leaders act in the best interest of shareholders and so insider investment always comes as a reassurance to the market. Trinity Industries followers will find comfort in knowing that insiders have a significant amount of capital that aligns their best interests with the wider shareholder group. As a matter of fact, their holding is valued at US$34m. This considerable investment should help drive long-term value in the business. Even though that's only about 1.6% of the company, it's enough money to indicate alignment between the leaders of the business and ordinary shareholders. Trinity Industries' earnings have taken off in quite an impressive fashion. That EPS growth certainly is attention grabbing, and the large insider ownership only serves to further stoke our interest. At times fast EPS growth is a sign the business has reached an inflection point, so there's a potential opportunity to be had here. So at the surface level, Trinity Industries is worth putting on your watchlist; after all, shareholders do well when the market underestimates fast growing companies. You should always think about risks though. Case in point, we've spotted 4 warning signs for Trinity Industries you should be aware of, and 2 of them make us uncomfortable. Although Trinity Industries certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
08-05-2025
- Business
- Yahoo
Solid Earnings May Not Tell The Whole Story For Trinity Industries (NYSE:TRN)
The recent earnings posted by Trinity Industries, Inc. (NYSE:TRN) were solid, but the stock didn't move as much as we expected. However the statutory profit number doesn't tell the whole story, and we have found some factors which might be of concern to shareholders. Our free stock report includes 5 warning signs investors should be aware of before investing in Trinity Industries. Read for free now. To properly understand Trinity Industries' profit results, we need to consider the US$64m gain attributed to unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. And that's as you'd expect, given these boosts are described as 'unusual'. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is). That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. We'd posit that Trinity Industries' statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Therefore, it seems possible to us that Trinity Industries' true underlying earnings power is actually less than its statutory profit. But the good news is that its EPS growth over the last three years has been very impressive. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. When we did our research, we found 5 warning signs for Trinity Industries (2 are concerning!) that we believe deserve your full attention. This note has only looked at a single factor that sheds light on the nature of Trinity Industries' profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
