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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues $ 2,156.9 $ 3,079.2 $ 2,983.3
Cost of revenues: 1,584.2 2,411.0 2,456.2
Selling, engineering, and administrative expenses 214.3 235.7 201.9
Lease portfolio sales 91.4 57.3 82.8
Gain on divestiture of partially-owned leasing subsidiary 194.2 [1] 0.0 0.0
Gain (Loss) on Disposition of Other Assets 5.2 6.0 6.8
Gains on dispositions of property and other divestitures: 290.8 63.3 89.6
Restructuring activities, net 0.0 4.3 (2.2)
Total operating profit 649.2 491.5 417.0
Interest expense, net 274.2 273.5 265.5
Other, net (0.4) (3.8) 2.5
Other (income) expense: 273.8 269.7 268.0
Income from continuing operations before income taxes 375.4 221.8 149.0
Current Income Tax Expense (Benefit) 13.4 72.5 50.5
Provision (benefit) for deferred income taxes 77.5 (22.1) (41.5)
Provision (benefit) for income taxes: 90.9 50.4 9.0
Income from continuing operations 284.5 171.4 140.0
Loss from discontinued operations, net of benefit for income taxes of $2.7, $4.1, and $3.6 (7.2) (14.3) (13.4)
Net income 277.3 157.1 126.6
Net income attributable to noncontrolling interest 24.2 18.7 20.6
Net income attributable to Trinity Industries, Inc. $ 253.1 $ 138.4 $ 106.0
Income (Loss) from Continuing Operations, Per Basic Share $ 3.22 $ 1.86 $ 1.47
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (0.09) (0.17) (0.16)
Earnings Per Share, Basic, Total [2] 3.13 1.69 1.31
Income (Loss) from Continuing Operations, Per Diluted Share 3.14 1.81 1.43
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share (0.09) (0.17) (0.16)
Earnings Per Share, Diluted, Total [2] $ 3.05 $ 1.64 $ 1.27
Basic weighted average shares outstanding 80.8 81.9 81.2
Diluted weighted average shares outstanding 82.9 84.2 83.4
Manufacturing [Member]      
Revenues $ 952.1 $ 1,938.4 $ 1,943.9
Cost of revenues: 864.1 1,748.2 1,827.5
Railcar Leasing and Services Group [Member]      
Revenues 1,204.8 1,140.8 1,039.4
Cost of revenues: $ 720.1 $ 662.8 $ 628.7
[1] Significant expense categories and amounts align with the segment-level information that is regularly provided to and reviewed by the CODM. Intersegment expenses are included within the amounts shown.
[2]
Note: Earnings per common share is calculated independently for each component and may not sum to total net income attributable to Trinity Industries, Inc. per common share due to rounding.