---
schema_version: "secwatch.filing_event.v1"
accession: "0000099780-23-000010"
form_type: "8-K"
ticker: "TRN"
cik: "0000099780"
company_name: "TRINITY INDUSTRIES INC"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:42:23.548492+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trinity Industries Q4 GAAP EPS $0.46; guides FY23 EPS $1.50-$1.70; raises dividend 13%

## Summary
- Q4 GAAP EPS $0.46, adjusted $0.44; revenue $591M (+25% YoY).
- Full-year GAAP EPS $1.02, adjusted $0.94 (+176%); revenue $2.0B (+30%).
- Backlog $3.9B; lease fleet utilization 97.9%; FLRD +25.1%.
- FY23 guidance: EPS $1.50-$1.70; quarterly dividend raised 13% to $0.26/share.
- Acquired Holden America for $71M cash + $10M deferred; new $250M share repurchase program.

## SEC filing metadata
- accession: 0000099780-23-000010
- form_type: 8-K
- ticker: TRN
- cik: 0000099780
- company_name: TRINITY INDUSTRIES INC
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/99780/000009978023000010/0000099780-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/99780/000009978023000010/trn-20230221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000099780-23-000010
- JSON: https://secwatch.observer/filing/0000099780-23-000010.json
- Plain text: https://secwatch.observer/filing/0000099780-23-000010.txt

## Key facts
- Earnings Releases
  TRINITY INDUSTRIES INC reported the three and twelve month periods ended December 31, 2022 results: revenue $591.2 million, net income Net income from continuing operations attributable to Trinity Industries, Inc. $37.9 million, EPS $0.46. Guidance initiated.
  - Period: the three and twelve month periods ended December 31, 2022
  - Revenue: $591.2 million
  - Net income: Net income from continuing operations attributable to Trinity Industries, Inc. $37.9 million
  - EPS: $0.46
  - Guidance: initiated
  - Result: reported results
  source text: earnings results for the fourth quarter and year end ended December 31, 2022. Financial and Operational Highlights – Fourth Quarter • Quarterly total company revenues of $591 million • Quarterly income from continuing operations per common diluted share ("EPS") of $0.46 and quarterly adjusted EPS of $0.44 • Lease fleet utilization of 97.9% and Future Lease
  evidence_url: https://www.sec.gov/Archives/edgar/data/99780/000009978023000010/0000099780-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.