Headquartered in Dallas, TX·Fiscal year ends December·NYSE: TRN·trin.net
About Trinity Industries
Trinity Industries owns businesses that provide rail transportation products and services in North America. Its railcar products and services are marketed under the TrinityRail trade name.
The company reports two segments:
- **Railcar Leasing and Services:** railcar leasing and management, maintenance, and digital and logistics services.
- **Rail Products:** new railcar manufacturing, sustainable railcar conversions, and parts and components.
As of September 30, 2026, Trinity owned about 97,160 railcars and managed about 50,260 additional investor-owned railcars, a total fleet of 147,420. The fleet spans freight cars and tank cars serving roughly 1,100 commodities across refined products and chemicals, energy, agriculture, construction and metals, and consumer products. Trinity describes itself as a top-five lessor and accounted for 30% of industry railcar deliveries in 2025. It manufactures in the U.S. and in Monclova, Mexico, and is consolidating and modernizing its Longview tank car facility.
The platform also includes RSI Logistics (software and logistics solutions) and Holden America (railcar parts and components). Trinity earns fee income from Rail Investment Vehicle partnerships. Following its 2025–2026 railcar partnership transactions, it divested two partially-owned leasing subsidiaries.
In October 2026 it acquired Rubber Lining Specialists, which provides rubber lining, corrosion protection, inspection and repair services. Trinity has paid 250 consecutive quarterly dividends. Updated
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Trinity Industries owns businesses that provide rail transportation products and services in North America. Its railcar products and services are marketed under the TrinityRail trade name.
What is the TRN stock price target?
The Wall Street consensus 12-month price target for TRN is $32.00.