TRINITY INDUSTRIES INC
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
TRN$30.18+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
Consolidated Balance Sheets
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| (in millions) | ||
| ASSETS | ||
| Cash and cash equivalents | $201.3 | $228.2 |
| Receivables, net of allowance of $27.1 and $17.1 | 389.1 | 379.1 |
| Income tax receivable | 27.5 | 2.4 |
| Inventories: | ||
| Raw materials and supplies | 243.7 | 320.0 |
| Work in process | 100.8 | 101.5 |
| Finished goods | 124.6 | 54.7 |
| 469.1 | 476.2 | |
| Restricted cash, including partially-owned subsidiaries of $9.9 and $39.1 | 122.3 | 146.2 |
| Property, plant, and equipment, at cost, including partially-owned subsidiaries of $523.9 and $1,920.5 | 9,258.3 | 9,751.1 |
| Less accumulated depreciation, including partially-owned subsidiaries of $205.3 and $690.0 | (2,637.0) | (2,763.0) |
| 6,621.3 | 6,988.1 | |
| Goodwill | 221.5 | 221.5 |
| Other assets | 372.3 | 390.5 |
| Total assets | $8,424.4 | $8,832.2 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Accounts payable | $269.6 | $251.7 |
| Accrued liabilities | 301.2 | 353.0 |
| Debt: | ||
| Recourse | 598.5 | 597.8 |
| Non-recourse: | ||
| Wholly-owned subsidiaries | 4,573.4 | 4,021.3 |
| Partially-owned subsidiaries | 270.6 | 1,071.8 |
| 5,442.5 | 5,690.9 | |
| Deferred income taxes | 1,129.0 | 1,075.6 |
| Other liabilities | 136.8 | 153.8 |
| Total liabilities | 7,279.1 | 7,525.0 |
| Commitments and contingencies (Note 15) | ||
| Preferred stock – 1.5 shares authorized and unissued | — | — |
| Common stock – shares authorized at December 31, 2025 and 2024 – 400.0; shares issued and outstanding at December 31, 2025 – 79.8; at December 31, 2024 – 81.8 | 0.8 | 0.8 |
| Capital in excess of par value | — | 8.8 |
| Retained earnings | 1,081.5 | 1,054.1 |
| Accumulated other comprehensive loss | (4.2) | (4.2) |
| Treasury stock – shares at December 31, 2025 – 0.0; at December 31, 2024 – 0.0 | (0.9) | (0.6) |
| 1,077.2 | 1,058.9 | |
| Noncontrolling interest | 68.1 | 248.3 |
| Total stockholders' equity | 1,145.3 | 1,307.2 |
| Total liabilities and stockholders' equity | $8,424.4 | $8,832.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.