TRN Trinity Industries, Inc.
XNYS 29.46 DelayedStock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
TRN
$29.46
—
Key stats
$29.46
- 52-Week Range
- $24.28 – $38.30
- YTD
- +9.31%
- IV Rank (30D)
- 0.0
- Straddle Price
- $1.93
- P/C Vol Ratio
- 2.13
- Market Cap
- $2.3B
- Open
- $28.92
- Day Range
- $28.01 – $29.47
- Volume
- 1,541,309
- Prev Close
- $28.32
Fair Value
MODEL: SHORT
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.05% |
| Beta vs SPY | 1.02 |
| Cost of Equity (CAPM) | 10.68% (VRP-adj) |
| WACC | 10.72% |
| Volatility Risk Premium | +18.4pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 25.3% |
| Rev. Growth (YoY, DCF input) | -10.0% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $-0.4B |
| Return on Equity (TTM) | 29.7% |
| Book / Price | 46.9% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 24.6% |
| FCF Margin (TTM) | -19.2% |
| Debt / Equity | 0.00 |
| Quality Score | 3/6 — normal (10y DCF) |
| SMA 50 | $27.25 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $25.94 |
| Bollinger Width / SMA20 | 64.4% (drives anchor stability) |
| Net Debt | $-0.2B |
| Market Cap | $2B |
Peers used for multiples: GBX, RAIL, WAB
(SIC-code peers; ETF co-membership was sector-incoherent)
60-Day Conviction
33%
20-Day Fair Value
≈ by Dec 1, 2026
$29.55
α +0.3%
rank 60%
conviction
22%
40-Day Fair Value
≈ by Dec 30, 2026
$29.57
α +0.4%
rank 60%
conviction
10%
60-Day Fair Value
≈ by Jan 28, 2027
$29.21
α -0.8%
rank 60%
conviction
33%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $5.40 | 49% | |
| Peer P/E | n/a | 0% | |
| Peer EV/EBITDA | $86.95 | 27% | median 11.9× · 3 peers |
| Peer P/B | $52.34 | 5% | median 3.8× · 3 peers |
| Peer P/S | $12.71 | 18% | median 0.5× · 3 peers |
| Market Anchor (SMA50) | $27.25 | 0% | stability 0% (BB-width) |
| Options Expected (B-L 30d) | $30.63 | 0% | 9 strikes · skew +1.03 |
As of 2026-11-02 · updated
Related
About
- Industry (SIC)
- RAILROAD EQUIPMENT (3743) · industry map
- Exchange
- XNYS
- Market Cap
- $2.3B
- Employees
- 6,110
- List Date
- 1972-06-01
- CIK
- 0000099780
- Headquarters
- Dallas, TX
- Homepage
- https://www.trin.net
Trinity Industries Inc sells and leases railroad products and railcar maintenance services in North America. The company operates under the name TrinityRail in two main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. Customers include railroads, leasing companies, and shipping companies in agriculture, construction, consumer prod…
Summary
—
composite
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No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 6.02% | -5.62% | -3.36% | -5.45% | 7.84% | 6.64% | 1.01% |
| Feb | 13.55% | -1.80% | -1.79% | -0.08% | -14.85% | 17.05% | 2.01% |
| Mar | -13.43% | 21.76% | -12.75% | 11.22% | -6.75% | -6.99% | -1.16% |
| Apr | -2.98% | -18.48% | -1.80% | -4.37% | -10.77% | -1.24% | -6.61% |
| May | -2.22% | -8.77% | -11.25% | 6.43% | 5.58% | -10.44% | -3.44% |
| Jun | -5.55% | -1.10% | 19.80% | -4.23% | 6.30% | 8.33% | 3.93% |
| Jul | -1.09% | 6.31% | 1.63% | 13.10% | -15.76% | -8.49% | -0.72% |
| Aug | 7.60% | -5.83% | -1.99% | -9.56% | 17.63% | -8.04% | -0.03% |
| Sep | -5.03% | -11.59% | -4.70% | 8.40% | -1.41% | -8.33% | -3.78% |
| Oct | 0.68% | 24.91% | -11.66% | 0.85% | -1.51% | 14.19% | 4.58% |
| Nov | -8.62% | 6.17% | 20.58% | 15.72% | -0.45% | --* | 6.68% |
| Dec | 18.11% | -5.44% | 3.79% | -6.82% | 0.23% | -- | 1.97% |
| Total | 2.56% | -7.87% | -9.26% | 23.49% | -17.67% | -2.01% | -1.79% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $25.94
SMA 50: $27.25
SMA 200: $31.42
Current: $29.46
EMA 12: $26.55
EMA 26: $26.55
MACD: -0.0031 | Signal: 0.4928
BEARISH
ADX (14): 31.09
TREND
+DI: 38.86
−DI: 18.81
Momentum Oscillators
RSI (14): 70.91
OVERBOUGHT
Stoch %K: 86.00
Stoch %D: 74.63
Williams %R: -0.19
Volume & Volatility
BB Upper: $28.10
BB Lower: $23.77
OVERBOUGHT
OBV: -14,927,301
Vol SMA 20: 851,664
Vol ROC: 116.56%
ATR: $0.92
True Range: $1.46
HV 20: 44.7%
HV 30: 41.0%
HV 60: 32.5%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-01T00:00:00 – 2026-10-30T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary BULLISH (Confidence Level: 6/10)
Key drivers:
- Positive news sentiment from recent acquisitions
- Neutral momentum signals from RSI and MACD
- Low volatility and beta relative to market
Primary risks:
- Negative earnings surprise potential
- Regulatory issues in the industry
Investment thesis: Trinity Industrial Services (TRN) has a strong acquisition history, which may continue to drive growth. However, low volatility and beta suggest a relatively defensive stock.
Recent news sentiment impact: Positive news from Aecon's acquisition of Trinity Industrial Services has contributed to recent gains.
Technical Analysis
Trend Direction:
- Short-term: NEUTRAL
- Medium-term: BEARISH
- Long-term: BULLISH
Support/Resistance Levels:
- SMA 20: $33.55 (resistance)
- SMA 50: $34.27 (resistance)
- Upper Bollinger Band: $40.19 (resistance)
Momentum Signals:
- RSI: 33.28 (neutral)
- MACD: -1.67 / Signal: -0.60 / Histogram: -1.06 (bearish)
Volume Analysis:
- Volume SMA 20: 753343.70
- On-Balance Volume (OBV): -8650538.53
News & Sentiment Analysis
Recent Headlines Summary: Aecon's acquisition of Trinity Industrial Services has generated positive sentiment.
Sentiment Assessment: Positive sentiment dominates recent news headlines.
Catalyst Identification: Earnings release and potential regulatory changes in the industry.
Market Narrative: Positive news from acquisitions aligns with technical signals, suggesting a relatively defensive stock.
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to market (beta 0.63).
Volatility Regime: Historically low volatility levels.
Options Market Signals:
- IV Rank: 16.6% (Low - shows if volatility is historically high/low)
- Current IV: 55.8%
- Expected Move: $2.90 (35 DTE), 7-DTE: $1.40
Market Context & Positioning
Sector Performance: Relative strength within the industrial sector.
Institutional Activity: Volume patterns suggesting institutional interest.
Correlation Analysis: How stock moves relative to market (R-squared interpretation): 0.23 (low correlation).
Relative Valuation: Position within trading range: neutral.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $33.55 (resistance)
- SMA 50: $34.27 (resistance)
Breakout/Breakdown Levels:
- Upper Bollinger Band: $40.19 (breakout resistance)
Time-Sensitive Catalysts: Earnings release and potential regulatory changes in the industry.
Risk Management: Stop-loss levels at SMA 20 ($33.55) and volume-based entries/exits considering recent trading patterns.
Note: This analysis is based on the provided data and does not constitute personalized investment advice. Please consult with a financial advisor before making any investment decisions.
Generated
News
All TRN news →
Fleet contraction hits 17 months as scrapping outpaces production.
Earnings History
16 of 22 under expected move
Avg Expected Move
8.63%
Avg Actual Move
5.75%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-24 | Pre-Market | 10.87% | 4.57% | 0.42x | Within |
| 2021-04-22 | Pre-Market | 10.07% | 5.55% | 0.55x | Within |
| 2021-07-22 | Pre-Market | 7.47% | 2.27% | 0.30x | Within |
| 2021-10-21 | Pre-Market | 9.31% | 2.54% | 0.27x | Within |
| 2022-02-17 | Pre-Market | 5.18% | 5.63% | 1.09x | Exceeded |
| 2022-04-27 | Pre-Market | 10.77% | 8.13% | 0.75x | Within |
| 2022-07-27 | Pre-Market | 14.77% | 3.70% | 0.25x | Within |
| 2022-10-25 | Pre-Market | 7.26% | 4.91% | 0.68x | Within |
| 2023-05-02 | Pre-Market | 5.04% | 9.06% | 1.80x | Exceeded |
| 2023-08-01 | Pre-Market | 6.52% | 2.44% | 0.37x | Within |
| 2023-11-02 | Pre-Market | 7.63% | 9.90% | 1.30x | Exceeded |
| 2024-02-22 | Pre-Market | 11.91% | 4.15% | 0.35x | Within |
| 2024-05-01 | Pre-Market | 8.46% | 13.57% | 1.60x | Exceeded |
| 2024-08-01 | Pre-Market | 8.09% | 10.41% | 1.29x | Exceeded |
| 2024-10-31 | Pre-Market | 7.84% | 4.06% | 0.52x | Within |
| 2025-05-01 | Pre-Market | 8.47% | 2.87% | 0.34x | Within |
| 2025-07-31 | Pre-Market | 7.81% | 6.73% | 0.86x | Within |
| 2025-10-30 | After-Close | 9.33% | 1.18% | 0.13x | Within |
| 2026-02-12 | After-Close | 4.77% | 1.45% | 0.30x | Within |
| 2026-04-30 | Pre-Market | 8.94% | 6.01% | 0.67x | Within |
| 2026-07-30 | Pre-Market | 9.95% | 6.49% | 0.65x | Within |
| 2026-10-29 | Pre-Market | 9.49% | 10.80% | 1.14x | Exceeded |
Earnings calendar: this week’s reports with expected vs actual moves →
TRN Options Activity & IV Rank
TRN IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 32.6%
7-DTE IV: 33.9%
Expected Move: $1.93
7-DTE Move: $1.93
Days to Exp: 21 (2026-11-20)
Options Flow
Call Volume: 38
Put Volume: 81
P/C Volume: 2.132
BEARISH
Call OI: 195
Put OI: 114
P/C OI: 0.585
Total OI: 309
ATM Options Pricing
ATM Call: $1.23
ATM Put: $0.70
Call %: 4.2%
Put %: 2.4%
Chain Summary
Chain Volume: 684
Chain OI: 2,513
Last Updated: 10/30/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 37th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
37%
vs own history
GEX tilt
-0.06
OI-weighted, today
Vanna tilt
+0.01
δ-sensitivity to IV
Charm tilt
+0.06
δ-decay vs time
? What is this?
· 24 ATM contracts, 1k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 30 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 30 · No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)5.5LowOct 30
IV Rank (30 DTE)0.0LowOct 30
Straddle Price (30 DTE)$1.93Oct 30
Beta Analysis
Risk Metrics
Beta: 0.4305
Alpha: 10.35%
Correlation: 0.1491
R-Squared: 2.2%
Stock Volatility: 36.9%
Market Volatility: 12.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own TRN
3 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $6.8M | #1859 of 6285 | +4.2% | 13F | |
| Point72 Hedge fund Steve Cohen | $2.1M | #1261 of 1945 | new | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $46K | #3404 of 4729 | -43.3% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
TRN Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 81,875,000 (as of 2026-09-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
4 filers$3.73M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.67M | 44.63% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $1.52M | 40.74% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $463.37K | 12.41% | 2026-06-30 |
| 4 | Walleye Trading LLC | $82.99K | 2.22% | 2026-06-30 |
6 filers$48.02M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | J. Goldman & Co LP | $44.29M | 92.23% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $1.63M | 3.38% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $975.16K | 2.03% | 2026-06-30 |
| 4 | Total Wealth Planning & Management, Inc. | $628.28K | 1.31% | 2026-09-30 |
| 5 | Jane Street Group, LLC Custodian | $470.29K | 0.98% | 2026-06-30 |
| 6 | Walleye Trading LLC | $34.58K | 0.07% | 2026-06-30 |
TRN Insider Trading (Form 4)
Latest: 2026-10-01Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-01 | Robert C Biesterfeld Jr | Director | Grant (A) | +1,156 RSU | — | EDGAR | |
| 2026-10-01 | Todd Maclin | Director | Grant (A) | +1,375 RSU | — | EDGAR | |
| 2026-10-01 | Leldon E Echols | Director | Grant (A) | +924 RSU | — | EDGAR | |
| 2026-08-26 | Kevin Poet | EVP Operations & Support Svcs | Sell (S) | −17,000 | $29.55 | -$502.4K | EDGAR |
| 2026-07-02 | Leldon E Echols | Director | Grant (A) | +676 RSU | — | EDGAR | |
| 2026-07-02 | Robert C Biesterfeld Jr | Director | Grant (A) | +847 RSU | — | EDGAR | |
| 2026-07-02 | Todd Maclin | Director | Grant (A) | +1,006 RSU | — | EDGAR | |
| 2026-05-26 | Dunia A Shive | Director | Grant (A) | +4,024 RSU | — | EDGAR | |
| 2026-05-26 | Robert C Biesterfeld Jr | Director | Grant (A) | +4,024 RSU | — | EDGAR | |
| 2026-05-26 | Leldon E Echols | Director | Award (A) | +6,210 | — | EDGAR | |
| 2026-05-26 | William P Ainsworth | Director | Award (A) | +4,024 | — | EDGAR | |
| 2026-05-26 | John J. Diez | Director | Award (A) | +4,024 | — | EDGAR | |
| 2026-05-26 | Scott M Ewing | EVP & Chief Legal Officer | Mixed | +12,172 | $34.30 | -$67.6K | EDGAR |
| 2026-05-26 | Veena M Lakkundi | Director | Grant (A) | +4,024 RSU | — | EDGAR | |
| 2026-05-26 | Eric R Marchetto | EVP & CFO | Mixed | +36,414 | $34.30 | -$511.8K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
TRN Insider Holdings
13 insiders · @ $29.46
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Jean Savage | President & CEO | 463,397 | $13.65M | $273.5K | 22 | 2026-05-26 |
| 2 | Eric R Marchetto | EVP & CFO | 317,084 | $9.34M | -$1.15M | 24 | 2026-05-26 |
| 3 | Gregory B Mitchell | EVP Leasing and Services | 124,619 | $3.67M | -$1.48M | 17 | 2025-09-09 |
| 4 | Leldon E Echols | Director | 80,260 | $2.36M | $0 | 96 | 2026-10-01 |
| 5 | Scott M Ewing | EVP & Chief Legal Officer | 72,223 | $2.13M | $0 | 5 | 2026-05-26 |
| 6 | Kevin Poet | EVP Operations & Support Svcs | 69,225 | $2.04M | -$655.0K | 16 | 2026-08-26 |
| 7 | Todd Maclin | Director | 36,693 | $1.08M | $295.2K | 35 | 2026-10-01 |
| 8 | William P Ainsworth | Director | 31,985 | $942.3K | $0 | 7 | 2026-05-26 |
| 9 | John J. Diez | Director | 29,755 | $876.6K | $0 | 9 | 2026-05-26 |
| 10 | Christina N Maldonado | Vice President and CAO | 26,587 | $783.3K | $0 | 7 | 2026-05-26 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
TRN Board & Officers
As of SEC filings through Oct 1, 2026Directors 8
- Leldon E Echols · since Sep 10, 2007
- Dunia A Shive · since Mar 24, 2014
- Jean Savage · since Nov 1, 2018
- John J. Diez · since Nov 1, 2018
- Todd Maclin · since Sep 9, 2020
- William P Ainsworth · since Mar 10, 2021
- Robert C Biesterfeld Jr · since Sep 7, 2022
- Veena M Lakkundi · since Sep 7, 2022
Officers 6
- Jean Savage · President & CEO · listed since Feb 2020
- Christina N Maldonado · Vice President and CAO · since Mar 29, 2024
- Eric R Marchetto · EVP & CFO · listed since May 2021
- Scott M Ewing · EVP & Chief Legal Officer · since Oct 17, 2023
- Kevin Poet · EVP Operations & Support Svcs · listed since May 2022
- Aaron J. Gooding · EVP Leasing and Services · since Apr 17, 2026
Changes in the last 10 years (68)
| Apr 17, 2026 | Aaron J. Gooding became EVP Leasing and Services |
| Feb 13, 2026 | The company announced the departure of Gregory B Mitchell as EVP Leasing and Services in an SEC filing |
| May 17, 2024 | Gregory B Mitchell listed as EVP Leasing and Services (previously EVP & Chief Commercial Officer) in SEC filings |
| Mar 29, 2024 | Christina N Maldonado became Vice President and CAO |
| Oct 17, 2023 | Scott M Ewing became EVP & Chief Legal Officer |
| Aug 21, 2023 | The company announced the departure of Sarah Teachout as EVP & Chief Legal Officer in an SEC filing |
| Sep 7, 2022 | Veena M Lakkundi became a director |
| Sep 7, 2022 | Robert C Biesterfeld Jr became a director |
| May 11, 2022 | Kevin Poet listed as EVP Operations & Support Svcs (previously EVP Support Services) in SEC filings |
| Jan 4, 2022 | ValueAct Holdings, L.P. no longer listed as a director in SEC filings |
| Jan 4, 2022 | ValueAct Holdings II, L.P. no longer listed as a director in SEC filings |
| Jan 4, 2022 | ValueAct Holdings GP, LLC no longer listed as a director in SEC filings |
| Jan 4, 2022 | ValueAct Capital Master Fund, L.P. no longer listed as a director in SEC filings |
| Jan 4, 2022 | ValueAct Capital Management, LLC no longer listed as a director in SEC filings |
| Jan 4, 2022 | ValueAct Capital Management, L.P. no longer listed as a director in SEC filings |
| Jan 4, 2022 | VA Partners I, LLC no longer listed as a director in SEC filings |
| Sep 8, 2021 | Jason G. Anderson became a director |
| May 5, 2021 | Sarah Teachout listed as EVP & Chief Legal Officer (previously SVP & Chief Legal Officer) in SEC filings |
| May 5, 2021 | Neil J West listed as EVP Production Operations (previously Officer) in SEC filings |
| May 5, 2021 | Eric R Marchetto listed as EVP & CFO (previously SVP & CFO) in SEC filings |
| May 5, 2021 | Brian D Madison first listed as EVP Services Operations in an SEC filing |
| Mar 10, 2021 | William P Ainsworth became a director |
| Mar 8, 2021 | Gregory B Mitchell first listed as EVP & Chief Commercial Officer in an SEC filing |
| Dec 9, 2020 | Tyrone Michael Jordan became a director |
| Oct 1, 2020 | Melendy E Lovett listed as EVP & Chief Admin Officer (previously SVP & Chief Admin Officer) in SEC filings |
| Sep 9, 2020 | Todd Maclin became a director |
| Sep 9, 2020 | Kevin Poet became EVP Support Services |
| Jul 15, 2020 | Neil J West became Officer |
| May 6, 2020 | Eric R Marchetto listed as SVP & CFO (previously SVP & Group Pres. Trinity Rail) in SEC filings |
| Apr 2, 2020 | Melendy E Lovett listed as SVP & Chief Admin Officer (previously Senior Vice President & CFO) in SEC filings |
| Feb 27, 2020 | ValueAct Holdings, L.P. first listed as a director in an SEC filing |
| Feb 27, 2020 | ValueAct Holdings II, L.P. first listed as a director in an SEC filing |
| Feb 27, 2020 | ValueAct Holdings GP, LLC first listed as a director in an SEC filing |
| Feb 27, 2020 | ValueAct Capital Master Fund, L.P. first listed as a director in an SEC filing |
| Feb 27, 2020 | ValueAct Capital Management, LLC first listed as a director in an SEC filing |
| Feb 27, 2020 | ValueAct Capital Management, L.P. first listed as a director in an SEC filing |
| Feb 27, 2020 | VA Partners I, LLC first listed as a director in an SEC filing |
| Feb 18, 2020 | Jean Savage first listed as President & CEO in an SEC filing |
| Jan 15, 2020 | ValueAct Holdings, L.P. no longer listed as a director in SEC filings |
| Jan 15, 2020 | ValueAct Holdings II, L.P. no longer listed as a director in SEC filings |
| Jan 15, 2020 | ValueAct Holdings GP, LLC no longer listed as a director in SEC filings |
| Jan 15, 2020 | ValueAct Capital Master Fund, L.P. no longer listed as a director in SEC filings |
| Jan 15, 2020 | ValueAct Capital Management, LLC no longer listed as a director in SEC filings |
| Jan 15, 2020 | ValueAct Capital Management, L.P. no longer listed as a director in SEC filings |
| Jan 15, 2020 | VA Partners I, LLC no longer listed as a director in SEC filings |
| Jul 31, 2019 | ValueAct Holdings II, L.P. first on file as a director |
| May 8, 2019 | Timothy R Wallace listed as CEO & President (previously Chairman, CEO & President) in SEC filings |
| May 8, 2019 | Steven L McDowell listed as VP & Chief Acctg Officer (previously VP & Chief Acctg Offficer) in SEC filings |
| May 8, 2019 | Eric R Marchetto first listed as SVP & Group Pres. Trinity Rail in an SEC filing |
| Apr 2, 2019 | Melendy E Lovett listed as Senior Vice President & CFO (previously SVP & Chief Admin Officer) in SEC filings |
| Nov 8, 2018 | ValueAct Holdings, L.P. no longer listed as a 10% owner in SEC filings |
| Nov 8, 2018 | ValueAct Holdings, L.P. first listed as a director in an SEC filing |
| Nov 8, 2018 | ValueAct Holdings GP, LLC no longer listed as a 10% owner in SEC filings |
| Nov 8, 2018 | ValueAct Holdings GP, LLC first listed as a director in an SEC filing |
| Nov 8, 2018 | ValueAct Capital Master Fund, L.P. no longer listed as a 10% owner in SEC filings |
| Nov 8, 2018 | ValueAct Capital Master Fund, L.P. first listed as a director in an SEC filing |
| Nov 8, 2018 | ValueAct Capital Management, LLC no longer listed as a 10% owner in SEC filings |
| Nov 8, 2018 | ValueAct Capital Management, LLC first listed as a director in an SEC filing |
| Nov 8, 2018 | ValueAct Capital Management, L.P. no longer listed as a 10% owner in SEC filings |
| Nov 8, 2018 | ValueAct Capital Management, L.P. first listed as a director in an SEC filing |
| Nov 8, 2018 | VA Partners I, LLC no longer listed as a 10% owner in SEC filings |
| Nov 8, 2018 | VA Partners I, LLC first listed as a director in an SEC filing |
| Nov 1, 2018 | Steven L McDowell became VP & Chief Acctg Offficer |
| Nov 1, 2018 | Sarah Teachout became SVP & Chief Legal Officer |
| Nov 1, 2018 | John J. Diez became a director |
| Nov 1, 2018 | Jean Savage became a director |
| Nov 1, 2018 | Brandon B Boze became a director |
| May 9, 2018 | Antonio Carrillo first listed as Senior Vice President in an SEC filing |
Not reported recently (21)
- Steven L McDowell · Last reported as VP & Chief Acctg Officer in an SEC filing dated May 17, 2023
- Brian D Madison · Last reported as EVP Services Operations in an SEC filing dated May 17, 2022
- Tyrone Michael Jordan · Last reported as a director in an SEC filing dated May 11, 2022
- Jason G. Anderson · Last reported as a director in an SEC filing dated Sep 8, 2021
- Melendy E Lovett · Last reported as EVP & Chief Admin Officer in an SEC filing dated Jul 1, 2021
- Neil J West · Last reported as EVP Production Operations in an SEC filing dated May 18, 2021
- Brandon B Boze · Last reported as a director in an SEC filing dated Apr 30, 2021
- John L Adams · Last reported as a director in an SEC filing dated Apr 2, 2021
- Charles W Matthews · Last reported as a director in an SEC filing dated May 6, 2020
- Timothy R Wallace · Last reported as a director in an SEC filing dated May 17, 2019
- Ronald J Gafford · Last reported as a director in an SEC filing dated Oct 2, 2018
- David W Biegler · Last reported as a director in an SEC filing dated Oct 2, 2018
- Antonio Carrillo · Last reported as a director in an SEC filing dated Oct 2, 2018
- Douglas L Rock · Last reported as a director in an SEC filing dated Oct 2, 2018
- S Theis Rice · Last reported as Senior Vice President in an SEC filing dated May 16, 2018
- James E Perry · Last reported as Senior Vice President & CFO in an SEC filing dated May 16, 2018
- Mary E Henderson · Last reported as Vice President & CAO in an SEC filing dated May 16, 2018
- Rhys J Best · Last reported as a director in an SEC filing dated May 9, 2018
- William A McWhirter · Last reported as Senior Vice President in an SEC filing dated Mar 6, 2018
- D Stephen Menzies · Last reported as Senior Vice President in an SEC filing dated Jun 6, 2017
- Adrian Lajous · Last reported as a director in an SEC filing dated May 2, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
TRN Proposed Insider Sales (Form 144)
Latest: 2026-08-25
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
1 filing
· $505K notice value
· 1 unique filer
· 100% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
KEVIN POET (1, $505K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-25 | KEVIN POET | Officer | 17,000 | $504.7K | 2026-08-25 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2025-03-03 | GREGORY B MITCHELL | Officer | 9,286 | $288.1K | 2025-03-03 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2024-11-15 | GREGORY B MITCHELL | Officer | 20,510 | $761.9K | 2024-11-15 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2024-05-02 | ERIC R MARCHETTO | Officer | 8,816 | $264.5K | 2024-05-02 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2024-03-27 | ERIC R MARCHETTO | Officer | 9,781 | $273.9K | 2024-03-27 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2024-03-06 | Poet Kevin | Officer | 6,000 | $152.7K | 2024-03-06 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2023-12-13 | ERIC R MARCHETTO | Officer | 11,863 | $320.3K | 2023-12-13 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2023-11-08 | Mitchell Gregory B | Officer | 12,536 | $288.3K | 2023-11-08 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2023-09-28 | ERIC R MARCHETTO | Officer | 11,765 | $294.1K | 2023-09-28 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
165 ETFs hold TRN
25 shown · $1.41B total exposure · 0.10% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.03% | $216.1M | — | 2026-09-30 |
| 2 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.05% | $143.2M | — | 2026-09-30 |
| 3 | IJR iShares Core S&P Small-Cap ETF | iShares (BlackRock) | 0.13% | $141.1M | $105.6B | 2026-10-30 |
| 4 | AVUV Avantis U.S. Small Cap Value ETF | Avantis | 0.38% | $124.4M | $32.5B | 2026-10-29 |
| 5 | IEFA iShares Core MSCI EAFE ETF | iShares (BlackRock) | 0.06% | $113.0M | $189.3B | 2026-10-30 |
| 6 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $64.8M | — | 2026-09-30 |
| 7 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.08% | $60.1M | $75.5B | 2026-10-30 |
| 8 | EFA iShares MSCI EAFE ETF | iShares (BlackRock) | 0.07% | $53.5M | $76.6B | 2026-10-30 |
| 9 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.03% | $45.8M | — | 2026-09-30 |
| 10 | EFV iShares MSCI EAFE Value ETF | iShares (BlackRock) | 0.14% | $42.5M | $30.4B | 2026-10-30 |
| 11 | DFSV Dimensional US Small Cap Value ETF | Dimensional | 0.14% | $38.1M | — | 2026-10-29 |
| 12 | PAVE Global X U.S. Infrastructure Development ETF | Global X | 0.26% | $36.1M | — | 2026-10-30 |
| 13 | DFAT Dimensional US Targeted Value ETF | Dimensional | 0.11% | $36.1M | — | 2026-10-29 |
| 14 | VGK Vanguard FTSE Europe ETF | Vanguard | 0.09% | $35.2M | — | 2026-09-30 |
| 15 | VEU Vanguard FTSE All-World Ex-US ETF | Vanguard | 0.04% | $34.8M | — | 2026-09-30 |
| 16 | EWI iShares MSCI Italy ETF | iShares (BlackRock) | 2.68% | $32.0M | $1.2B | 2026-10-30 |
| 17 | VBR Vanguard Morningstar Small-Cap Value ETF | Vanguard | 0.05% | $29.8M | — | 2026-09-30 |
| 18 | VXF Vanguard Extended Market ETF | Vanguard | 0.02% | $23.0M | — | 2026-09-30 |
| 19 | PEY Invesco High Yield Equity Dividend Achievers ETF | Invesco | 1.90% | $21.3M | — | 2026-10-29 |
| 20 | SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF | SPDR (State Street) | 0.13% | $20.6M | $16.2B | 2026-10-29 |
| 21 | IXUS iShares Core MSCI Total International Stock ETF | iShares (BlackRock) | 0.04% | $20.3M | $56.8B | 2026-10-30 |
| 22 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.06% | $20.0M | — | 2026-10-29 |
| 23 | IJS iShares S&P Small-Cap 600 Value ETF | iShares (BlackRock) | 0.25% | $19.5M | $7.7B | 2026-10-30 |
| 24 | EZU iShares MSCI Eurozone ETF | iShares (BlackRock) | 0.21% | $19.1M | $9.1B | 2026-10-30 |
| 25 | SPDW State Street® SPDR® Portfolio Developed World ex-US ETF | SPDR (State Street) | 0.04% | $18.4M | $41.4B | 2026-10-29 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
7.42
TTM Diluted EPS
$3.97
TTM Revenue
$2.12B
TTM Net Income
$326.70M
TTM Op. Cash Flow
$410.40M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q3 '26 | 2026-09-30 | $535.10M | $17.60M | $0.22 | $66.30M |
| Q2 '26 | 2026-06-30 | $485.10M | $98.30M | $1.20 | $68.90M |
| Q1 '26 | 2026-03-31 | $492.00M | $24.20M | $0.30 | $97.80M |
| Q4 '25 | 2025-12-31 | $611.20M | $186.60M | $2.25 | $177.40M |
| Q3 '25 | 2025-09-30 | $454.10M | $30.30M | $0.37 | $44.20M |
| Q2 '25 | 2025-06-30 | $506.20M | $14.10M | $0.17 | $61.60M |
| Q1 '25 | 2025-03-31 | $585.40M | $22.10M | $0.26 | $76.50M |
| Q4 '24 | 2024-12-31 | $629.40M | $28.90M | $0.33 | $201.60M |
| Q3 '24 | 2024-09-30 | $798.80M | $31.40M | $0.37 | $78.50M |
| Q2 '24 | 2024-06-30 | $841.40M | $54.40M | $0.65 | $241.50M |
| Q1 '24 | 2024-03-31 | $809.60M | $23.70M | $0.28 | $52.20M |
| Q4 '23 | 2023-12-31 | $797.90M | $62.80M | $0.75 | $87.90M |
Q3 2026 • period ending 2026-09-30 • filed 2026-10-29
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
7.15
P/B
2.11
P/S
1.18
EV/EBITDA
3.67
EV/Sales
1.11
ROE
29.6%
ROA
4.1%
Div Yield
4.46%
FCF Yield
16.06%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$2.42B
as of 2026-10-30
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
4.71M
SI % of Float
6.03%
Days to Cover
5.99
Short Vol Ratio
55.3%
Free Float
78.07M
Float %
98.0%
Short interest 2026-10-15 • Short volume 2026-10-30 • Float 2026-08-24