Trinity Industries, Inc. (TRN) Tax Rate: 24.21%
Is Trinity Industries, Inc.’s tax rate high or low?
Trinity Industries, Inc.'s tax rate of 24.21% is in line with its 5-year average of 25.97%, around the middle of its 5-year range (6.04%–52.25%).
3.17% above its 12-month average of 23.46%.
TRN Tax Rate Chart
TRN Average Tax Rate Chart
TRN Current vs Average Tax Rate Chart
TRN Tax Rate Metrics
TAX RATE
24.21%
TAX RATE AVG TTM
23.46%
TAX RATE AVG 3Y
18.70%
TAX RATE AVG 5Y
25.97%
TAX RATE AVG 10Y
17.66%
TAX RATE AVG 15Y
23.17%
TAX RATE AVG 20Y
25.22%
CURRENT VS TTM AVG
+3.17%
CURRENT VS 3Y AVG
+29.48%
CURRENT VS 5Y AVG
-6.79%
CURRENT VS 10Y AVG
+37.10%
CURRENT VS 15Y AVG
+4.50%
CURRENT VS 20Y AVG
-4.01%
Trinity Industries, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Trinity Industries, Inc. Tax Rate FAQ
- What is the tax rate for Trinity Industries, Inc. (TRN)?
- The tax rate for TRN stock is 24.21%.
- Is Trinity Industries, Inc.'s tax rate high or low?
- Trinity Industries, Inc.'s tax rate of 24.21% is in line with its 5-year average of 25.97%, around the middle of its 5-year range (6.04%–52.25%).
- What is the TTM average tax rate for Trinity Industries, Inc. (TRN)?
- The TTM average tax rate for TRN stock is 23.46%.
- What is the 3Y average tax rate for Trinity Industries, Inc. (TRN)?
- The 3Y average tax rate for TRN stock is 18.70%.
- What is the 5Y average tax rate for Trinity Industries, Inc. (TRN)?
- The 5Y average tax rate for TRN stock is 25.97%.
- What is the 10Y average tax rate for Trinity Industries, Inc. (TRN)?
- The 10Y average tax rate for TRN stock is 17.66%.
- What is the 15Y average tax rate for Trinity Industries, Inc. (TRN)?
- The 15Y average tax rate for TRN stock is 23.17%.
- What is the 20Y average tax rate for Trinity Industries, Inc. (TRN)?
- The 20Y average tax rate for TRN stock is 25.22%.
Trinity Industries, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 24.21% |
| 2024-12-31 | 22.72% |
| 2023-12-31 | 6.04% |
| 2022-12-31 | 21.82% |
| 2021-12-31 | 28.80% |
| 2020-12-31 | 52.25% |
| 2019-12-31 | 32.45% |
| 2018-12-31 | 28.10% |
| 2017-12-31 | -91.83% |
| 2016-12-31 | 35.66% |
| 2015-12-31 | 34.03% |
| 2014-12-31 | 33.34% |
| 2013-12-31 | 34.61% |
| 2012-12-31 | 34.72% |
| 2011-12-31 | 38.65% |
| 2010-12-31 | 35.11% |
| 2009-12-31 | 6.40% |
| 2008-12-31 | 37.92% |
| 2007-12-31 | 36.57% |
| 2006-12-31 | 38.16% |
| 2005-12-31 | 39.90% |
| 2004-12-31 | 38.41% |
| 2003-12-31 | 30.07% |
| 2002-12-31 | 19.67% |
| 2001-03-31 | 36.03% |
| 2000-03-31 | 37.05% |
| 1999-03-31 | 37.48% |
| 1998-03-31 | 37.49% |
| 1997-03-31 | 37.29% |
| 1996-03-31 | 38.92% |
Related Metrics
About Trinity Industries, Inc.
Trinity Industries, Inc. operates in North America, providing railway transportation solutions under its TrinityRail brand. The company is organized into two main divisions: Railcar Leasing and Management Services, and Rail Products. The Railcar Leasing and Management Services group focuses on leasing freight and tank railcars, overseeing railcar leases on behalf of third-party investors, and offering comprehensive fleet maintenance and management. As of December 31, 2021, this segment managed a fleet of 106,970 railcars, which it either owned or leased. Its customers are industrial shippers and railroad companies across various sectors, including agriculture, construction and metals, consumer goods, energy, and refined products and chemicals. Conversely, the Rail Products Group manufactures freight and tank railcars designed for transporting diverse liquids, gases, and dry cargo. This division also provides railcar maintenance and modification services. Its clientele includes railroads, leasing businesses, and industrial shippers in the same key markets: agriculture, construction and metals, consumer products, energy, and refined products and chemicals. Trinity Industries distributes its offerings via both its internal sales teams and independent representatives. Established in 1933, the company maintains its headquarters in Dallas, Texas.
- Sector
- Industrials
- Industry
- Railroads
- CEO
- E. Jean Savage