As of May 27, 2025, Trinity Industries Inc (TRN) reports a Current Ratio of 1.51.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Trinity Industries Inc's Current Ratio
Over recent years, Trinity Industries Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.51 |
| 2023-12-31 | 1.60 |
| 2022-12-31 | 1.57 |
| 2021-12-31 | 1.34 |
| 2020-12-31 | 1.93 |
This slight downward trend highlights how Trinity Industries Inc manages its short-term assets and liabilities over time.
Comparing Trinity Industries Inc's Current Ratio to Peers
To better understand Trinity Industries Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Trinity Industries Inc (TRN) | 1.51 |
| Alamo Group Inc (ALG) | 4.51 |
| Douglas Dynamics Inc (PLOW) | 3.39 |
| Allison Transmission Holdings Inc (ALSN) | 3.04 |
| Miller Industries Inc (MLR) | 2.68 |
| Astec Industries Inc (ASTE) | 2.66 |
Compared to its competitors, Trinity Industries Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.