TRN vs. CSX

Last updated Apr 1, 2026

Compare and contrast key facts about Trinity Industries, Inc. (TRN) and CSX Corporation (CSX).

Performance

TRN vs. CSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trinity Industries, Inc. (TRN) and CSX Corporation (CSX). The values are adjusted to include any dividend payments, if applicable.

TRN vs. CSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRN Trinity Industries, Inc.	23.09%	-21.48%	37.18%	-6.24%	1.48%	17.93%	23.82%	11.09%	-22.50%	37.18%
CSX CSX Corporation	13.61%	14.13%	-5.65%	13.51%	-16.58%	25.70%	27.09%	18.06%	14.47%	55.48%

Fundamentals

Market Cap TRN : $2.63B CSX : $76.52B
EPS TRN : $0.83 CSX : $1.54
PE Ratio TRN : 38.60 CSX : 26.72
PS Ratio TRN : 1.23 CSX : 5.12
Total Revenue (TTM) TRN : $2.16B CSX : $14.97B
Gross Profit (TTM) TRN : $572.70M CSX : $4.28B
EBITDA (TTM) TRN : $799.00M CSX : $5.45B

Returns By Period

In the year-to-date period, TRN achieves a 23.09% return, which is significantly higher than CSX's 13.61% return. Over the past 10 years, TRN has underperformed CSX with an annualized return of 12.91%, while CSX has yielded a comparatively higher 18.70% annualized return.

TRN

• 1D: 2.61%
• 1M: -5.85%
• YTD: 23.09%
• 6M: 17.31%
• 1Y: 19.92%
• 3Y*: 14.34%
• 5Y*: 6.46%
• 10Y*: 12.91%

CSX

• 1D: 3.22%
• 1M: -3.84%
• YTD: 13.61%
• 6M: 16.41%
• 1Y: 41.61%
• 3Y*: 12.71%
• 5Y*: 6.26%
• 10Y*: 18.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TRN vs. CSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRN

TRN Risk / Return Rank: 61
TRN Sharpe Ratio Rank: 63
TRN Sortino Ratio Rank: 59
TRN Omega Ratio Rank: 56
TRN Calmar Ratio Rank: 63
TRN Martin Ratio Rank: 64

CSX

CSX Risk / Return Rank: 87
CSX Sharpe Ratio Rank: 88
CSX Sortino Ratio Rank: 86
CSX Omega Ratio Rank: 84
CSX Calmar Ratio Rank: 89
CSX Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TRN vs. CSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trinity Industries, Inc. (TRN) and CSX Corporation (CSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TRN	CSX	Difference
Sharpe ratio Return per unit of total volatility	0.59	1.75	-1.16
Sortino ratio Return per unit of downside risk	1.13	2.43	-1.30
Omega ratio Gain probability vs. loss probability	1.14	1.32	-0.18
Calmar ratio Return relative to maximum drawdown	0.97	3.63	-2.66
Martin ratio Return relative to average drawdown	2.39	9.03	-6.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRN vs. CSX - Sharpe Ratio Comparison

The current TRN Sharpe Ratio is 0.59, which is lower than the CSX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of TRN and CSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TRN	CSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	1.75	-1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.18	0.27	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.68	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.42	-0.22

Correlation

The correlation between TRN and CSX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TRN vs. CSX - Dividend Comparison

TRN's dividend yield for the trailing twelve months is around 3.76%, more than CSX's 1.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TRN Trinity Industries, Inc.	3.76%	4.54%	3.19%	3.91%	3.11%	2.78%	2.88%	2.89%	1.82%	1.28%	1.59%	1.75%
CSX CSX Corporation	1.29%	1.43%	1.49%	1.27%	1.29%	0.99%	1.15%	1.33%	1.42%	1.42%	2.00%	2.70%

Drawdowns

TRN vs. CSX - Drawdown Comparison

The maximum TRN drawdown since its inception was -86.22%, which is greater than CSX's maximum drawdown of -69.19%. Use the drawdown chart below to compare losses from any high point for TRN and CSX.

Drawdown Indicators

	TRN	CSX	Difference
Max Drawdown Largest peak-to-trough decline	-86.22%	-69.19%	-17.03%
Max Drawdown (1Y) Largest decline over 1 year	-18.86%	-11.89%	-6.97%
Max Drawdown (5Y) Largest decline over 5 years	-39.58%	-29.44%	-10.14%
Max Drawdown (10Y) Largest decline over 10 years	-45.21%	-40.55%	-4.66%
Current Drawdown Current decline from peak	-14.70%	-4.91%	-9.79%
Average Drawdown Average peak-to-trough decline	-31.80%	-15.98%	-15.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.66%	4.78%	+2.88%

Volatility

TRN vs. CSX - Volatility Comparison

Trinity Industries, Inc. (TRN) has a higher volatility of 9.44% compared to CSX Corporation (CSX) at 8.57%. This indicates that TRN's price experiences larger fluctuations and is considered to be riskier than CSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRN	CSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.44%	8.57%	+0.87%
Volatility (6M) Calculated over the trailing 6-month period	21.55%	14.56%	+6.99%
Volatility (1Y) Calculated over the trailing 1-year period	33.96%	23.90%	+10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.28%	23.21%	+12.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.66%	27.77%	+8.89%

Financials

TRN vs. CSX - Profitability Comparison

The chart below illustrates the profitability comparison between Trinity Industries, Inc. and CSX Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TRN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Trinity Industries, Inc. reported a gross profit of 155.70M and revenue of 611.20M. Therefore, the gross margin over that period was 25.5%.

CSX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, CSX Corporation reported a gross profit of 0.00 and revenue of 3.51B. Therefore, the gross margin over that period was 0.0%.

TRN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Trinity Industries, Inc. reported an operating income of 335.40M and revenue of 611.20M, resulting in an operating margin of 54.9%.

CSX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, CSX Corporation reported an operating income of 1.11B and revenue of 3.51B, resulting in an operating margin of 31.6%.

TRN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Trinity Industries, Inc. reported a net income of 2.28M and revenue of 611.20M, resulting in a net margin of 0.4%.

CSX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, CSX Corporation reported a net income of 720.00M and revenue of 3.51B, resulting in a net margin of 20.5%.