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Trinity Industries vs FreightCar America: TRN and RAIL compared
Trinity Industries is the larger company: $535M of revenue in its latest quarter (Q3 2026) against $113M for FreightCar America (Q2 2026). Trinity Industries is growing faster (+18% against -5% a year earlier). Trinity Industries is more profitable, with an operating margin of 17.9% against -3.8%.
Where the money goes: TRN and RAIL
Trinity Industries (TRN) · Q3 2026
Trinity Industries, Q3 2026: revenue $535M (+18% year over year), operating margin 17.9%, net earnings $17.6M, operating cash flow $66.3M. The chart follows the revenue to costs, profit and cash.
FreightCar America (RAIL) · Q2 2026
FreightCar America, Q2 2026: revenue $113M (-5% year over year), operating margin -3.8%, net loss $30.1M, operating cash flow $12.1M. The chart follows the revenue to costs, profit and cash.
| Trinity Industries (TRN) | FreightCar America (RAIL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $535M | $113M |
| Revenue growth, Y/Y | +18% | -5% |
| Operating margin | 17.9% | -3.8% |
| Net earnings | $17.6M | −$30.1M |
| Net margin | 3.3% | -26.6% |
| Operating cash flow | $66.3M | $12.1M |
| Free cash flow | $49.6M | $11.3M |
| Market value | $2.4B | — |
| P/E | 7.4× | — |
| Analysts’ mean target | $31.00 | — |
Where the revenue comes from
Trinity Industries
- Leasing & Services: $286M (53%)
- Manufacturing: $249M (47%)
FreightCar America
- Manufacturing Sales: $104M (92%)
- Aftermarket Sales: $8.9M (8%)
Questions
Which is bigger, Trinity Industries or FreightCar America?
Trinity Industries is the larger company: $535M of revenue in its latest quarter (Q3 2026) against $113M for FreightCar America (Q2 2026).
Is Trinity Industries or FreightCar America growing faster?
Trinity Industries is growing faster (+18% against -5% a year earlier).
Which is more profitable, Trinity Industries or FreightCar America?
Trinity Industries is more profitable, with an operating margin of 17.9% against -3.8%.
More: Trinity Industries earnings · how Trinity Industries makes money · FreightCar America earnings · how FreightCar America makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Aug 3, 2026). Fiscal quarters can end on different dates. Not investment advice.