TrinityRail FY 2025 revenue falls 30.0% to USD 2.16 billion

Reuters
02/20
TrinityRail FY 2025 revenue falls 30.0% to USD 2.16 billion

TrinityRail (Trinity Industries) reported FY 2025 revenue of USD 2.16 billion (down 30.0%) and operating profit of USD 649.2 million (up 32.1%). Income from continuing operations was USD 284.5 million, with interest expense, net of USD 274.2 million and net cash provided by operating activities from continuing operations of USD 366.9 million. The company’s Railcar Leasing and Services Group generated external revenue of USD 1.20 billion (up 5.5%) and operating profit of USD 708.4 million (up 52.7%), while the Rail Products Group posted external revenue of USD 952.1 million (down 41.6%) and operating profit of USD 74.3 million (down 60.8%). Operationally, TrinityRail’s lease fleet totaled 101,485 company-owned railcars at FY 2025 year-end with 97.1% utilization. Net fleet investment was approximately USD 350.0 million in FY 2025. Railcar backlog ended FY 2025 at USD 1.7 billion, with 5,155 orders and 9,500 deliveries during the year. Corporate highlights included a December 2025 railcar partnership restructuring in which Trinity Industries Leasing Company exchanged its 42.36% interest in Triumph Rail Holdings for Napier Park’s 69.45% interest in RIV 2013, resulting in Trinity gaining 100% ownership of RIV 2013 and recognizing a non-cash pre-tax gain of USD 194.2 million; Triumph and its related debt were deconsolidated. TrinityRail also refinanced and expanded leasing debt in 2025, including increasing the TRL-2023 term loan to USD 1.05 billion and issuing USD 535.2 million of Series 2025-1 Green Secured Railcar Equipment Notes at an all-in interest rate of 5.11%.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000099780-26-000014), on February 19, 2026, and is solely responsible for the information contained therein.

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