For the quarter ending 2026-03-31, TRN had -$71,000K decrease in cash & cash equivalents over the period. $91,500K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total operating profit | - | 649,200 | - | - |
| Other (income) expense | - | -273,800 | - | - |
| Provision (benefit) for income taxes | - | 90,900 | - | - |
| Loss from discontinued operations, net of benefit for income taxes of 2.7, 4.1, and 3.6 | - | -2,300 | - | - |
| Loss on extinguishment of debt | - | -600 | 0 | -800 |
| Net income | 24,800 | 194,200 | 36,000 | 47,100 |
| Loss from discontinued operations, net of benefit for income taxes of 0.6 and 0.6 | -1,800 | -2,300 | -1,100 | -3,800 |
| Depreciation and amortization | 72,600 | 78,700 | 76,900 | 149,500 |
| Stock-based compensation expense | 4,900 | 6,300 | 5,900 | 10,700 |
| Provision (benefit) for deferred income taxes | 6,400 | 63,500 | 19,000 | -5,000 |
| Net gains on lease portfolio sales, excluding sales-type leases | - | 91,400 | - | - |
| Gain on divestiture of partially-owned leasing subsidiary | - | 194,200 | - | - |
| Gain (loss) on sale of property, plant and equipment, railroad transportation equipment | -13,400 | - | 21,700 | 13,700 |
| Gains on dispositions of property and other assets | 900 | -800 | 700 | 5,300 |
| Gains on insurance recoveries from property damage | - | 0 | - | - |
| Non-cash impact of restructuring activities | - | 0 | - | - |
| Non-cash interest expense | 3,000 | 2,700 | 1,300 | 5,000 |
| Other | 800 | -1,400 | -1,200 | -900 |
| (increase) decrease in receivables | -63,000 | 82,900 | -12,200 | -55,200 |
| (increase) decrease in income tax receivable | 700 | -1,800 | 8,900 | 18,000 |
| (increase) decrease in inventories | 14,100 | -85,500 | 94,900 | -16,500 |
| (increase) decrease in other assets | -7,500 | -2,800 | 8,200 | -4,300 |
| Increase (decrease) in accounts payable | 3,300 | 24,400 | 33,600 | -32,400 |
| Increase (decrease) in accrued liabilities | -47,900 | 46,600 | -8,700 | -70,300 |
| Increase (decrease) in other liabilities | -1,300 | 1,200 | 1,200 | -7,200 |
| Net cash provided by operating activities continuing operations | 99,600 | 179,700 | 45,300 | 141,900 |
| Net cash used in operating activities discontinued operations | -1,800 | -2,300 | -1,100 | -3,800 |
| Payments to acquire equity method investments | - | - | - | 0 |
| Net cash provided by operating activities | 97,800 | 177,400 | 44,200 | 138,100 |
| Capital expenditures lease fleet | 151,000 | 219,000 | 234,600 | 295,700 |
| Proceeds from sale of property subject to or available for operating lease | 83,300 | 256,400 | 79,900 | 63,000 |
| Capital expenditures operating and administrative | 6,300 | 18,800 | 8,900 | 17,900 |
| Proceeds from dispositions of property and other assets | 3,800 | 4,300 | 2,600 | 8,500 |
| Acquisitions, net of cash acquired | - | 0 | - | - |
| Restricted cash related to the divestiture of partially-owned subsidiary | - | 16,800 | - | - |
| Proceeds from insurance recoveries | - | 0 | 0 | - |
| Proceeds from sale of equity method investments | - | - | 4,700 | - |
| Payment for (proceeds from) other investing activity | - | -11,400 | - | - |
| Net cash used in investing activities | -70,200 | 12,800 | -156,300 | -242,100 |
| Payments to retire debt | 62,200 | 724,500 | 134,300 | 904,900 |
| Proceeds from issuance of debt | - | 659,600 | 219,100 | 1,065,000 |
| Payments to settle contingent consideration liability | 0 | 0 | 0 | 8,000 |
| Payments for repurchase of common stock | 7,200 | 12,400 | 19,900 | 39,000 |
| Dividends paid to common shareholders | 24,800 | 24,100 | 24,200 | 50,400 |
| Purchase of shares to satisfy employee tax on vested stock | 200 | 300 | 200 | 8,200 |
| Distributions to noncontrolling interest | -4,200 | -3,600 | -5,000 | -9,600 |
| Net cash used in financing activities | -98,600 | -105,300 | 35,500 | 44,900 |
| Net decrease in cash, cash equivalents, and restricted cash | -71,000 | 84,900 | -76,600 | -59,100 |
| Cash, cash equivalents, and restricted cash at beginning of period | 238,700 | - | 374,400 | - |
| Cash, cash equivalents, and restricted cash at end of period | 252,600 | - | 238,700 | - |
TRINITY INDUSTRIES INC (TRN)
TRINITY INDUSTRIES INC (TRN)