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Side-by-side financial comparison of TRINITY INDUSTRIES INC (TRN) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.

TRINITY INDUSTRIES INC is the larger business by last-quarter revenue ($611.2M vs $334.0M, roughly 1.8× WYNDHAM HOTELS & RESORTS, INC.). TRINITY INDUSTRIES INC runs the higher net margin — 31.8% vs -18.0%, a 49.7% gap on every dollar of revenue. On growth, TRINITY INDUSTRIES INC posted the faster year-over-year revenue change (-2.9% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $158.6M). Over the past eight quarters, WYNDHAM HOTELS & RESORTS, INC.'s revenue compounded faster (-4.6% 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.

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.

TRN vs WH — Head-to-Head

Bigger by revenue
TRN
TRN
1.8× larger
TRN
$611.2M
$334.0M
WH
Growing faster (revenue YoY)
TRN
TRN
+73.4% gap
TRN
-2.9%
-76.3%
WH
Higher net margin
TRN
TRN
49.7% more per $
TRN
31.8%
-18.0%
WH
More free cash flow
WH
WH
$9.4M more FCF
WH
$168.0M
$158.6M
TRN
Faster 2-yr revenue CAGR
WH
WH
Annualised
WH
-4.6%
-13.1%
TRN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
TRN
TRN
WH
WH
Revenue
$611.2M
$334.0M
Net Profit
$194.2M
$-60.0M
Gross Margin
25.5%
Operating Margin
54.9%
Net Margin
31.8%
-18.0%
Revenue YoY
-2.9%
-76.3%
Net Profit YoY
413.8%
-170.6%
EPS (diluted)
$2.25
$-0.80

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
WH
WH
Q1 26
$334.0M
Q4 25
$611.2M
$334.0M
Q3 25
$454.1M
$382.0M
Q2 25
$506.2M
$397.0M
Q1 25
$585.4M
$316.0M
Q4 24
$629.4M
$336.0M
Q3 24
$798.8M
$396.0M
Q2 24
$841.4M
$367.0M
Net Profit
TRN
TRN
WH
WH
Q1 26
$-60.0M
Q4 25
$194.2M
$-60.0M
Q3 25
$30.3M
$105.0M
Q2 25
$14.1M
$87.0M
Q1 25
$22.1M
$61.0M
Q4 24
$37.8M
$85.0M
Q3 24
$31.4M
$102.0M
Q2 24
$54.4M
$86.0M
Gross Margin
TRN
TRN
WH
WH
Q1 26
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%
Operating Margin
TRN
TRN
WH
WH
Q1 26
Q4 25
54.9%
-11.4%
Q3 25
26.1%
46.6%
Q2 25
18.8%
37.8%
Q1 25
17.0%
35.4%
Q4 24
17.8%
38.4%
Q3 24
15.3%
43.2%
Q2 24
16.9%
39.5%
Net Margin
TRN
TRN
WH
WH
Q1 26
-18.0%
Q4 25
31.8%
-18.0%
Q3 25
6.7%
27.5%
Q2 25
2.8%
21.9%
Q1 25
3.8%
19.3%
Q4 24
6.0%
25.3%
Q3 24
3.9%
25.8%
Q2 24
6.5%
23.4%
EPS (diluted)
TRN
TRN
WH
WH
Q1 26
$-0.80
Q4 25
$2.25
$-0.77
Q3 25
$0.37
$1.36
Q2 25
$0.17
$1.13
Q1 25
$0.26
$0.78
Q4 24
$0.34
$1.06
Q3 24
$0.37
$1.29
Q2 24
$0.65
$1.07

Balance Sheet & Financial Strength

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

Metric
TRN
TRN
WH
WH
Cash + ST InvestmentsLiquidity on hand
$201.3M
$64.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$468.0M
Total Assets
$8.4B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TRN
TRN
WH
WH
Q1 26
$64.0M
Q4 25
$201.3M
$64.0M
Q3 25
$66.3M
$70.0M
Q2 25
$147.7M
$50.0M
Q1 25
$94.9M
$48.0M
Q4 24
$228.2M
$103.0M
Q3 24
$222.4M
$72.0M
Q2 24
$257.1M
$70.0M
Total Debt
TRN
TRN
WH
WH
Q1 26
Q4 25
$2.5B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Stockholders' Equity
TRN
TRN
WH
WH
Q1 26
$468.0M
Q4 25
$1.1B
$468.0M
Q3 25
$1.0B
$583.0M
Q2 25
$1.0B
$570.0M
Q1 25
$1.1B
$579.0M
Q4 24
$1.1B
$650.0M
Q3 24
$1.1B
$583.0M
Q2 24
$1.1B
$623.0M
Total Assets
TRN
TRN
WH
WH
Q1 26
$4.2B
Q4 25
$8.4B
$4.2B
Q3 25
$8.9B
$4.3B
Q2 25
$8.8B
$4.3B
Q1 25
$8.7B
$4.2B
Q4 24
$8.8B
$4.2B
Q3 24
$8.8B
$4.2B
Q2 24
$9.0B
$4.2B
Debt / Equity
TRN
TRN
WH
WH
Q1 26
Q4 25
5.37×
Q3 25
4.43×
Q2 25
4.44×
Q1 25
4.29×
Q4 24
3.72×
Q3 24
4.19×
Q2 24
3.83×

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
WH
WH
Operating Cash FlowLast quarter
$177.4M
$367.0M
Free Cash FlowOCF − Capex
$158.6M
$168.0M
FCF MarginFCF / Revenue
25.9%
50.3%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
0.91×
TTM Free Cash FlowTrailing 4 quarters
$314.1M
$437.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TRN
TRN
WH
WH
Q1 26
$367.0M
Q4 25
$177.4M
$152.0M
Q3 25
$44.2M
$86.0M
Q2 25
$61.6M
$70.0M
Q1 25
$76.5M
$59.0M
Q4 24
$201.6M
$134.0M
Q3 24
$78.5M
$79.0M
Q2 24
$241.5M
$1.0M
Free Cash Flow
TRN
TRN
WH
WH
Q1 26
$168.0M
Q4 25
$158.6M
$136.0M
Q3 25
$35.3M
$75.0M
Q2 25
$52.9M
$58.0M
Q1 25
$67.3M
$52.0M
Q4 24
$180.1M
$109.0M
Q3 24
$62.1M
$71.0M
Q2 24
$230.2M
$-6.0M
FCF Margin
TRN
TRN
WH
WH
Q1 26
50.3%
Q4 25
25.9%
40.7%
Q3 25
7.8%
19.6%
Q2 25
10.5%
14.6%
Q1 25
11.5%
16.5%
Q4 24
28.6%
32.4%
Q3 24
7.8%
17.9%
Q2 24
27.4%
-1.6%
Capex Intensity
TRN
TRN
WH
WH
Q1 26
Q4 25
3.1%
4.8%
Q3 25
2.0%
2.9%
Q2 25
1.7%
3.0%
Q1 25
1.6%
2.2%
Q4 24
3.4%
7.4%
Q3 24
2.1%
2.0%
Q2 24
1.3%
1.9%
Cash Conversion
TRN
TRN
WH
WH
Q1 26
Q4 25
0.91×
Q3 25
1.46×
0.82×
Q2 25
4.37×
0.80×
Q1 25
3.46×
0.97×
Q4 24
5.33×
1.58×
Q3 24
2.50×
0.77×
Q2 24
4.44×
0.01×

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%

WH
WH

Fee-related and other revenues$334.0M100%
Management and other fees$2.0M1%

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