vs
Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and TRINITY INDUSTRIES INC (TRN). Click either name above to swap in a different company.
TRINITY INDUSTRIES INC is the larger business by last-quarter revenue ($611.2M vs $392.4M, roughly 1.6× Krispy Kreme, Inc.). TRINITY INDUSTRIES INC runs the higher net margin — 31.8% vs -7.1%, a 38.9% gap on every dollar of revenue. On growth, Krispy Kreme, Inc. posted the faster year-over-year revenue change (-2.9% vs -2.9%). TRINITY INDUSTRIES INC produced more free cash flow last quarter ($158.6M vs $27.9M). Over the past eight quarters, Krispy Kreme, Inc.'s revenue compounded faster (-5.9% CAGR vs -13.1%).
Krispy Kreme, Inc. is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores. Steady growth preceded an ambitious expansion as a public company in the period 2000 to 2016, which ultimately proved unprofitable. In 2016, the company retur...
Trinity Industries Inc. is an American industrial corporation that owns a variety of businesses which provide products and services to the industrial, energy, transportation and construction sectors.
DNUT vs TRN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $392.4M | $611.2M |
| Net Profit | $-27.8M | $194.2M |
| Gross Margin | — | 25.5% |
| Operating Margin | -1.9% | 54.9% |
| Net Margin | -7.1% | 31.8% |
| Revenue YoY | -2.9% | -2.9% |
| Net Profit YoY | -23.8% | 413.8% |
| EPS (diluted) | $-0.18 | $2.25 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $392.4M | $611.2M | ||
| Q3 25 | $375.3M | $454.1M | ||
| Q2 25 | $379.8M | $506.2M | ||
| Q1 25 | $375.2M | $585.4M | ||
| Q4 24 | $404.0M | $629.4M | ||
| Q3 24 | $379.9M | $798.8M | ||
| Q2 24 | $438.8M | $841.4M | ||
| Q1 24 | $442.7M | $809.6M |
| Q4 25 | $-27.8M | $194.2M | ||
| Q3 25 | $-19.4M | $30.3M | ||
| Q2 25 | $-435.3M | $14.1M | ||
| Q1 25 | $-33.3M | $22.1M | ||
| Q4 24 | $-22.4M | $37.8M | ||
| Q3 24 | $39.6M | $31.4M | ||
| Q2 24 | $-5.5M | $54.4M | ||
| Q1 24 | $-8.5M | $23.7M |
| Q4 25 | — | 25.5% | ||
| Q3 25 | — | 31.1% | ||
| Q2 25 | — | 26.4% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 20.3% |
| Q4 25 | -1.9% | 54.9% | ||
| Q3 25 | -1.9% | 26.1% | ||
| Q2 25 | -114.4% | 18.8% | ||
| Q1 25 | -5.4% | 17.0% | ||
| Q4 24 | -2.8% | 17.8% | ||
| Q3 24 | -4.2% | 15.3% | ||
| Q2 24 | 1.6% | 16.9% | ||
| Q1 24 | 2.7% | 14.2% |
| Q4 25 | -7.1% | 31.8% | ||
| Q3 25 | -5.2% | 6.7% | ||
| Q2 25 | -114.6% | 2.8% | ||
| Q1 25 | -8.9% | 3.8% | ||
| Q4 24 | -5.6% | 6.0% | ||
| Q3 24 | 10.4% | 3.9% | ||
| Q2 24 | -1.3% | 6.5% | ||
| Q1 24 | -1.9% | 2.9% |
| Q4 25 | $-0.18 | $2.25 | ||
| Q3 25 | $-0.11 | $0.37 | ||
| Q2 25 | $-2.55 | $0.17 | ||
| Q1 25 | $-0.20 | $0.26 | ||
| Q4 24 | $-0.13 | $0.34 | ||
| Q3 24 | $0.23 | $0.37 | ||
| Q2 24 | $-0.03 | $0.65 | ||
| Q1 24 | $-0.05 | $0.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $42.4M | $201.3M |
| Total DebtLower is stronger | $911.9M | — |
| Stockholders' EquityBook value | $650.1M | $1.1B |
| Total Assets | $2.6B | $8.4B |
| Debt / EquityLower = less leverage | 1.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $42.4M | $201.3M | ||
| Q3 25 | $30.7M | $66.3M | ||
| Q2 25 | $21.3M | $147.7M | ||
| Q1 25 | $18.7M | $94.9M | ||
| Q4 24 | $29.0M | $228.2M | ||
| Q3 24 | $25.4M | $222.4M | ||
| Q2 24 | $28.6M | $257.1M | ||
| Q1 24 | $33.1M | $118.8M |
| Q4 25 | $911.9M | — | ||
| Q3 25 | $906.2M | — | ||
| Q2 25 | $889.4M | — | ||
| Q1 25 | $935.0M | — | ||
| Q4 24 | $844.5M | — | ||
| Q3 24 | $804.6M | — | ||
| Q2 24 | $895.0M | — | ||
| Q1 24 | $881.8M | — |
| Q4 25 | $650.1M | $1.1B | ||
| Q3 25 | $670.3M | $1.0B | ||
| Q2 25 | $693.6M | $1.0B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B | ||
| Q1 24 | $1.2B | $1.0B |
| Q4 25 | $2.6B | $8.4B | ||
| Q3 25 | $2.6B | $8.9B | ||
| Q2 25 | $2.6B | $8.8B | ||
| Q1 25 | $3.1B | $8.7B | ||
| Q4 24 | $3.1B | $8.8B | ||
| Q3 24 | $3.1B | $8.8B | ||
| Q2 24 | $3.2B | $9.0B | ||
| Q1 24 | $3.2B | $9.1B |
| Q4 25 | 1.40× | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 0.79× | — | ||
| Q1 24 | 0.76× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $45.0M | $177.4M |
| Free Cash FlowOCF − Capex | $27.9M | $158.6M |
| FCF MarginFCF / Revenue | 7.1% | 25.9% |
| Capex IntensityCapex / Revenue | 4.4% | 3.1% |
| Cash ConversionOCF / Net Profit | — | 0.91× |
| TTM Free Cash FlowTrailing 4 quarters | $-64.0M | $314.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.0M | $177.4M | ||
| Q3 25 | $42.3M | $44.2M | ||
| Q2 25 | $-32.5M | $61.6M | ||
| Q1 25 | $-20.8M | $76.5M | ||
| Q4 24 | $27.0M | $201.6M | ||
| Q3 24 | $3.3M | $78.5M | ||
| Q2 24 | $33.2M | $241.5M | ||
| Q1 24 | $-17.7M | $52.2M |
| Q4 25 | $27.9M | $158.6M | ||
| Q3 25 | $15.5M | $35.3M | ||
| Q2 25 | $-60.8M | $52.9M | ||
| Q1 25 | $-46.7M | $67.3M | ||
| Q4 24 | $-6.9M | $180.1M | ||
| Q3 24 | $-22.9M | $62.1M | ||
| Q2 24 | $1.6M | $230.2M | ||
| Q1 24 | $-46.8M | $47.6M |
| Q4 25 | 7.1% | 25.9% | ||
| Q3 25 | 4.1% | 7.8% | ||
| Q2 25 | -16.0% | 10.5% | ||
| Q1 25 | -12.5% | 11.5% | ||
| Q4 24 | -1.7% | 28.6% | ||
| Q3 24 | -6.0% | 7.8% | ||
| Q2 24 | 0.4% | 27.4% | ||
| Q1 24 | -10.6% | 5.9% |
| Q4 25 | 4.4% | 3.1% | ||
| Q3 25 | 7.1% | 2.0% | ||
| Q2 25 | 7.4% | 1.7% | ||
| Q1 25 | 6.9% | 1.6% | ||
| Q4 24 | 8.4% | 3.4% | ||
| Q3 24 | 6.9% | 2.1% | ||
| Q2 24 | 7.2% | 1.3% | ||
| Q1 24 | 6.6% | 0.6% |
| Q4 25 | — | 0.91× | ||
| Q3 25 | — | 1.46× | ||
| Q2 25 | — | 4.37× | ||
| Q1 25 | — | 3.46× | ||
| Q4 24 | — | 5.33× | ||
| Q3 24 | 0.08× | 2.50× | ||
| Q2 24 | — | 4.44× | ||
| Q1 24 | — | 2.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DNUT
Segment breakdown not available.
TRN
| Manufacturing | $296.5M | 49% |
| Leasing And Management | $234.8M | 38% |
| Maintenance Services Domain | $69.8M | 11% |
| Digital Logistics Services | $11.2M | 2% |