TORVANTA
Other · S&P 500 · data as of 2026-10-05

TRN stock analysis: TRN

TRN (TRN) is an S&P 500 company in Other. It grades strongest on value and weakest on momentum.

The model's view of TRN · subscribers

Where TRN ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with TRN · updated 2026-10-05 · from prices and SEC filings

TRN price performance

TRN against the S&P 500, one year
+0%+20%+40%S&P 500 +18%TRN -1%2025-09-292026-10-05
Year to date+2.8%S&P 500 +14.5% · behind by 11.8 pts
1 year-2.2%S&P 500 +17.0% · behind by 19.2 pts
3 years+39.2%S&P 500 +89.3% · behind by 50.0 pts
5 years+13.8%S&P 500 +91.3% · behind by 77.6 pts

Total returns with dividends reinvested.

TRN factor grades

Each grade compares TRN with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

A+ValueP/E 6.4x (industry 20.1x)FCF yield 16.3% (industry 6.0%)
C+GrowthRevenue growth -19% (industry +8%)EPS growth +264% (industry +10%)
B+ProfitabilityOperating margin 37.0% (industry 9.6%)ROIC 57.5% (industry 10.1%)
D+Momentum12-month change -2%From 52-wk high -31%

TRN in plain numbers

TRN key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$2.1B
Revenue growth (y/y)-19%
Free-cash-flow yield16.3%
Dividend yield4.7%
Next earnings (expected)2026-10-29
Valuation measures
Market value$2.1B
Enterprise value$1.9B
P/E (trailing)6.4x
Forward P/E (Torvanta estimate)4.2x
PEG (Torvanta estimate)0.08
Price / sales1.0x
Price / book1.8x
EV / revenue1.0x
EV / EBITDA1.8x
Financial highlights
Revenue, last 12 months$2.0B
Net income, last 12 months$339.4M
EPS, last 12 months (GAAP)$4.15
Gross margin26.2%
Operating margin37.0%
Net margin16.6%
Return on equity31.5%
Return on invested capital57.5%
Cash$155.7M
Free cash flow, last 12 months$342.6M

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

TRN earnings trends

Revenue vs earnings
$0$199.7M$399.4M$599.1M$798.8MSep 2024 Revenue: $798.8MDec 2024 Revenue: $629.4MMar 2025 Revenue: $585.4MJun 2025 Revenue: $506.2MSep 2025 Revenue: $454.1MDec 2025 Revenue: $611.2MMar 2026 Revenue: $492.0MJun 2026 Revenue: $485.1MSep 2024 Net income: $31.4MDec 2024 Net income: $28.9MMar 2025 Net income: $22.1MJun 2025 Net income: $14.1MSep 2025 Net income: $30.3MDec 2025 Net income: $186.6MMar 2026 Net income: $24.2MJun 2026 Net income: $98.3MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 3.9%Net margin: 4.6%Net margin: 3.8%Net margin: 2.8%Net margin: 6.7%Net margin: 30.5%Net margin: 4.9%Net margin: 20.3%0%15%31%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.6$1.1$1.7$2.3Sep 2024 EPS (GAAP, diluted): $0.4Dec 2024 EPS (GAAP, diluted): $0.3Mar 2025 EPS (GAAP, diluted): $0.3Jun 2025 EPS (GAAP, diluted): $0.2Sep 2025 EPS (GAAP, diluted): $0.4Dec 2025 EPS (GAAP, diluted): $2.3Mar 2026 EPS (GAAP, diluted): $0.3Jun 2026 EPS (GAAP, diluted): $1.2Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 0% · Dec 2025 +571% · Mar 2026 +15% · Jun 2026 +606%

From the company's 10-Q and 10-K filings with the SEC.

TRN financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$1.7B$2.0B$3.0B$3.1B$2.2B
Net income$182.0M$60.1M$106.0M$138.4M$253.1M
EPS (GAAP)$1.85$0.72$1.26$1.64$3.08
Free cash flow$588.2M-$50.8M$254.3M$520.0M$314.1M

TRN earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30$1.20+606%-4%-17.3%
2026-04-30$0.30+15%-16%+16.5%
2026-02-12$2.28+571%-3%+12.2%
2025-10-30$0.370%-43%-0.9%
2025-07-31$0.17-74%-40%-1.3%
2025-05-01$0.26-7%-28%-2.6%

About TRN

HeadquartersDallas, TX
Industry (SEC code)Railroad Equipment
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE

From the company's SEC registration record.

Companies similar to TRN

CompanyMarket valueP/ERevenue growthOperating margin12-month change
TRN TRN$2.1B6.4x-19%37.0%-2%
VCEL VCEL$2.1B87.4x+23%6.0%+27%compare
SHO SHO$2.1B53.9x+7%n/a+26%compare
MCRI MCRI$2.1B20.0x+6%n/a+15%compare
ADUS ADUS$2.1B19.8x+16%10.0%-2%
CC CC$2.1Bn/a-1%n/a-12%
SEDG SEDG$2.1Bn/a+42%-11.6%-5%

All Other stock ratings

Frequently asked questions

Is TRN stock a buy?

Torvanta does not tell individuals what to buy. Its grades for TRN are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is TRN's P/E ratio?

TRN trades at about 6.4 times its last 12 months of GAAP earnings reported to the SEC, and about 4.2 times Torvanta's own estimate of the next 12 months.

When does TRN report earnings next?

Based on its filing history, Torvanta expects TRN to report around 2026-10-29.

Does TRN pay a dividend?

Yes. Its dividend yield is about 4.7%, and it has raised its dividend 15 years in a row.

How has TRN performed against the S&P 500?

Over the past year TRN returned -2.2%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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