Trinity Industries reported Q4 2024 revenue of $629.4 million, down from $797.9 million in Q4 2023, primarily due to lower external deliveries. Net income from continuing operations was $31.9 million, a decline from $68.1 million a year ago. GAAP EPS came in at $0.38, while adjusted EPS was $0.39. The company maintained a strong lease fleet utilization of 97.0%.
Trinity Industries reported strong third-quarter results, with revenues of $799 million and GAAP earnings per share of $0.44. The company saw improvements in its Railcar Leasing and Services segment, driven by increased lease rates and gains on lease portfolio sales. The Rail Products Group also experienced improved operating margins due to enhanced efficiencies. Trinity raised its full-year EPS guidance to a range of $1.70 to $1.80.
Trinity Industries reported a strong second quarter in 2024, with a 16% increase in revenues year-over-year. The company's GAAP EPS was $0.67, and adjusted EPS was $0.66, marking a $0.43 improvement in adjusted EPS year-over-year. The company also raised its full-year guidance to $1.55 to $1.75.
Trinity Industries announced strong first quarter 2024 results, with revenues up 26% year over year to $810 million and both GAAP and adjusted EPS at $0.33. The company saw a lease fleet utilization of 97.5% and a Future Lease Rate Differential (FLRD) of 34.7%. Driven by higher deliveries and significantly improved operational and labor efficiencies, the Rail Products Group saw revenues up 14% and operating profit up 82% year over year.
Trinity Industries announced strong Q4 and full year 2023 results, with Q4 revenue up 35% year over year to $798 million. The company reported EPS of $0.81 and adjusted EPS of $0.82 for the quarter. Lease fleet utilization remained high at 97.5%.
Trinity Industries reported a strong third quarter in 2023, marked by a 65% increase in revenue compared to the previous year. The company saw improvements in lease rates, fleet utilization, and operating margins within its Rail Products Group. However, deliveries were impacted by border closures and congestion, leading to a revised full-year adjusted EPS guidance.
Trinity Industries reported a strong second quarter in 2023, marked by a 73% increase in revenue compared to the previous year, driven by higher railcar deliveries and improved lease rates. The company's EPS also saw a significant improvement, and lease fleet utilization remained high. Trinity is optimistic about continued growth in the second half of the year, supported by positive industry trends.
Trinity Industries reported a 36% year-over-year increase in revenue to $642 million for Q1 2023. GAAP EPS was $0.09 and adjusted EPS was $0.07. The company delivered 4,045 railcars and received orders for 2,690 railcars. Lease fleet utilization remained high at 98.2%, and the Future Lease Rate Differential (FLRD) improved to 44.3%.
Trinity Industries announced Q4 2022 results, featuring revenue of $591 million and EPS of $0.46. The company received orders for 3,015 railcars and delivered 4,400, ending the year with a backlog of $3.9 billion.
Trinity Industries reported strong Q3 2022 results driven by increased railcar orders and deliveries. The company received orders for 19,500 railcars, including a multi-year order for 15,000 railcars, and delivered 3,935 railcars. Lease fleet utilization remained high at 97.9% and FLRD was positive at 11.0%.
Trinity Industries reported quarterly GAAP and adjusted earnings from continuing operations of $0.14 per diluted share. They received orders for 4,335 railcars and delivered 2,510 railcars in the quarter. The company's backlog was $2.2 billion at quarter-end and they returned $90 million of capital to stockholders year-to-date, completing an accelerated share repurchase program.
Trinity Industries reported first quarter results with revenues of $473 million and GAAP EPS of $0.09. The company received orders for 5,055 railcars and delivered 2,470 railcars. Lease fleet utilization stood at 96.5% with a Future Lease Rate Differential of positive 2.4%.
Trinity Industries reported Q4 2021 revenues of $472 million and EPS of $0.16 ($0.08 adjusted). The company completed the sale of its highway products business for $375 million and returned the proceeds to shareholders through share buybacks. Lease fleet utilization remained strong at 95.7%, with a positive Future Lease Rate Differential (FLRD) of 2.2%.
Trinity Industries announced third quarter results with revenues of $504 million. GAAP earnings per share was $0.33 and adjusted EPS was $0.29. The company completed an initial railcar portfolio sale and generated significant cash flow.
Trinity Industries reported Q2 2021 revenues of $372 million, with GAAP EPS of $0.12 and adjusted EPS of $0.15. The company generated $335 million in year-to-date operating cash flow and $359 million in free cash flow. It returned $375 million of capital to stockholders year-to-date through dividends and share repurchases.
Trinity Industries reported first quarter results with revenues of $399 million. The company generated $70 million in operating cash flow and $90 million in free cash flow. They returned $60 million to stockholders through dividends and share repurchases.
Trinity Industries reported Q4 2020 revenues of $416 million and a GAAP loss per share of $(1.13), with an adjusted EPS of $0.04. The full year saw operating cash flow of $652 million and free cash flow of $113 million after dividends and investments. The company returned $285 million to stockholders during the year.
Trinity Industries announced third-quarter results with a total revenue of $459 million. The company reported GAAP earnings per share of $0.21 and adjusted EPS of $0.17. They generated $457 million in both year-to-date operating and free cash flow before leasing investment. The company also announced a new $250 million share repurchase authorization.
Trinity Industries reported a GAAP loss of $(1.76) per share but an adjusted EPS of $0.02. The company faced headwinds from the COVID-19 pandemic and economic downturn, but maintained a lease fleet utilization of around 95%. Cost optimization initiatives are underway, expected to yield $70 million in annualized savings.
Trinity Industries announced first quarter results, reporting total revenues of $615.2 million. The company reported EPS of $1.33 and adjusted EPS of $0.11. They generated $174 million in operating cash flow and $206 million in free cash flow before leasing investment. The company returned $58 million of capital to stockholders and ended the quarter with $760 million in total committed liquidity.
Trinity Industries, Inc. reported Q4 2019 revenues of $850.7 million, a 15.7% increase year-over-year. EPS was $0.18, a 5% decrease year-over-year. Adjusted EPS increased 35% year over year to $0.35.