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Side-by-side financial comparison of TRINITY INDUSTRIES INC (TRN) and Utz Brands, Inc. (UTZ). Click either name above to swap in a different company.

TRINITY INDUSTRIES INC is the larger business by last-quarter revenue ($611.2M vs $341.0M, roughly 1.8× Utz Brands, Inc.). TRINITY INDUSTRIES INC runs the higher net margin — 31.8% vs 0.7%, a 31.1% gap on every dollar of revenue. On growth, TRINITY INDUSTRIES INC posted the faster year-over-year revenue change (-2.9% vs -3.1%). TRINITY INDUSTRIES INC produced more free cash flow last quarter ($158.6M vs $16.5M). Over the past eight quarters, Utz Brands, Inc.'s revenue compounded faster (-1.5% CAGR vs -13.1%).

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.

Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.

TRN vs UTZ — Head-to-Head

Bigger by revenue
TRN
TRN
1.8× larger
TRN
$611.2M
$341.0M
UTZ
Growing faster (revenue YoY)
TRN
TRN
+0.3% gap
TRN
-2.9%
-3.1%
UTZ
Higher net margin
TRN
TRN
31.1% more per $
TRN
31.8%
0.7%
UTZ
More free cash flow
TRN
TRN
$142.1M more FCF
TRN
$158.6M
$16.5M
UTZ
Faster 2-yr revenue CAGR
UTZ
UTZ
Annualised
UTZ
-1.5%
-13.1%
TRN

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
TRN
TRN
UTZ
UTZ
Revenue
$611.2M
$341.0M
Net Profit
$194.2M
$2.3M
Gross Margin
25.5%
25.5%
Operating Margin
54.9%
2.1%
Net Margin
31.8%
0.7%
Revenue YoY
-2.9%
-3.1%
Net Profit YoY
413.8%
108.3%
EPS (diluted)
$2.25
$0.04

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.

Revenue
TRN
TRN
UTZ
UTZ
Q4 25
$611.2M
Q3 25
$454.1M
Q2 25
$506.2M
Q1 25
$585.4M
Q4 24
$629.4M
$341.0M
Q3 24
$798.8M
$365.5M
Q2 24
$841.4M
$356.2M
Q1 24
$809.6M
$346.5M
Net Profit
TRN
TRN
UTZ
UTZ
Q4 25
$194.2M
Q3 25
$30.3M
Q2 25
$14.1M
Q1 25
$22.1M
Q4 24
$37.8M
$2.3M
Q3 24
$31.4M
$-2.2M
Q2 24
$54.4M
$19.8M
Q1 24
$23.7M
$-4.0M
Gross Margin
TRN
TRN
UTZ
UTZ
Q4 25
25.5%
Q3 25
31.1%
Q2 25
26.4%
Q1 25
24.3%
Q4 24
24.6%
25.5%
Q3 24
21.2%
26.9%
Q2 24
21.3%
26.7%
Q1 24
20.3%
25.5%
Operating Margin
TRN
TRN
UTZ
UTZ
Q4 25
54.9%
Q3 25
26.1%
Q2 25
18.8%
Q1 25
17.0%
Q4 24
17.8%
2.1%
Q3 24
15.3%
5.3%
Q2 24
16.9%
6.3%
Q1 24
14.2%
2.8%
Net Margin
TRN
TRN
UTZ
UTZ
Q4 25
31.8%
Q3 25
6.7%
Q2 25
2.8%
Q1 25
3.8%
Q4 24
6.0%
0.7%
Q3 24
3.9%
-0.6%
Q2 24
6.5%
5.6%
Q1 24
2.9%
-1.2%
EPS (diluted)
TRN
TRN
UTZ
UTZ
Q4 25
$2.25
Q3 25
$0.37
Q2 25
$0.17
Q1 25
$0.26
Q4 24
$0.34
$0.04
Q3 24
$0.37
$-0.03
Q2 24
$0.65
$0.23
Q1 24
$0.28
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TRN
TRN
UTZ
UTZ
Cash + ST InvestmentsLiquidity on hand
$201.3M
$56.1M
Total DebtLower is stronger
$768.6M
Stockholders' EquityBook value
$1.1B
$696.9M
Total Assets
$8.4B
$2.7B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TRN
TRN
UTZ
UTZ
Q4 25
$201.3M
Q3 25
$66.3M
Q2 25
$147.7M
Q1 25
$94.9M
Q4 24
$228.2M
$56.1M
Q3 24
$222.4M
$64.9M
Q2 24
$257.1M
$66.6M
Q1 24
$118.8M
$47.0M
Total Debt
TRN
TRN
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$768.6M
Q3 24
$780.8M
Q2 24
$797.6M
Q1 24
$756.9M
Stockholders' Equity
TRN
TRN
UTZ
UTZ
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.1B
Q4 24
$1.1B
$696.9M
Q3 24
$1.1B
$685.7M
Q2 24
$1.1B
$686.0M
Q1 24
$1.0B
$671.1M
Total Assets
TRN
TRN
UTZ
UTZ
Q4 25
$8.4B
Q3 25
$8.9B
Q2 25
$8.8B
Q1 25
$8.7B
Q4 24
$8.8B
$2.7B
Q3 24
$8.8B
$2.6B
Q2 24
$9.0B
$2.7B
Q1 24
$9.1B
$2.6B
Debt / Equity
TRN
TRN
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.10×
Q3 24
1.14×
Q2 24
1.16×
Q1 24
1.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TRN
TRN
UTZ
UTZ
Operating Cash FlowLast quarter
$177.4M
$54.2M
Free Cash FlowOCF − Capex
$158.6M
$16.5M
FCF MarginFCF / Revenue
25.9%
4.8%
Capex IntensityCapex / Revenue
3.1%
11.1%
Cash ConversionOCF / Net Profit
0.91×
23.67×
TTM Free Cash FlowTrailing 4 quarters
$314.1M
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TRN
TRN
UTZ
UTZ
Q4 25
$177.4M
Q3 25
$44.2M
Q2 25
$61.6M
Q1 25
$76.5M
Q4 24
$201.6M
$54.2M
Q3 24
$78.5M
$52.2M
Q2 24
$241.5M
$8.9M
Q1 24
$52.2M
$-9.1M
Free Cash Flow
TRN
TRN
UTZ
UTZ
Q4 25
$158.6M
Q3 25
$35.3M
Q2 25
$52.9M
Q1 25
$67.3M
Q4 24
$180.1M
$16.5M
Q3 24
$62.1M
$29.1M
Q2 24
$230.2M
$-15.3M
Q1 24
$47.6M
$-22.7M
FCF Margin
TRN
TRN
UTZ
UTZ
Q4 25
25.9%
Q3 25
7.8%
Q2 25
10.5%
Q1 25
11.5%
Q4 24
28.6%
4.8%
Q3 24
7.8%
8.0%
Q2 24
27.4%
-4.3%
Q1 24
5.9%
-6.5%
Capex Intensity
TRN
TRN
UTZ
UTZ
Q4 25
3.1%
Q3 25
2.0%
Q2 25
1.7%
Q1 25
1.6%
Q4 24
3.4%
11.1%
Q3 24
2.1%
6.3%
Q2 24
1.3%
6.8%
Q1 24
0.6%
3.9%
Cash Conversion
TRN
TRN
UTZ
UTZ
Q4 25
0.91×
Q3 25
1.46×
Q2 25
4.37×
Q1 25
3.46×
Q4 24
5.33×
23.67×
Q3 24
2.50×
Q2 24
4.44×
0.45×
Q1 24
2.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TRN
TRN

Manufacturing$296.5M49%
Leasing And Management$234.8M38%
Maintenance Services Domain$69.8M11%
Digital Logistics Services$11.2M2%

UTZ
UTZ

Segment breakdown not available.

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