9-1 Final Project Submission: Case Study Analysis Assignment Submit your case study analysis. It should be a complete, polished artifact containing all of the main elements of the final product. It sh
Running Head: TRINITY INDUSTRIES INC 1
Trinity Industries Inc
Yvonne Saunders=Batchue
Southern New Hampshire University
Overview of Trinity Industries Inc.
Trinity Industries Inc. is an American international company that mainly trades in the New York Stock Exchange. Founded in Dallas, Texas, the company still has its headquarters there up to date. This organization was initiated in 1958 following a union between Dallas Tank and Trinity Steel. The company hired W Ray Wallace in 1946, as its first engineer Chief Executive Officer of which he served for forty (Schultze, 2011). In 1987, the organization was transformed to be a Delaware corporation with its headquarters situated in Dallas, Texas.
The organization offers numerous products and service for different economic sectors in the united states and internationally, such as for transportation, energy, constructor as well as chemical. Additionally, Trinity industries provide other product and services ranging from highway products, aggregates, storage services, barges, containers distribution, windmill towers and railcar parts, utility structures, as well as management, and maintenance services. (Trinity Industries, Inc, n.d.)
The size of Trinity industries
Trinity Industries is recognized as a large company with close to 22,030 employees hired on a full-time basis all its business entities. As of August 21st, 2016, Trinity Industries has a market cap of 3.76 Billion, Enterprise Value of 5.08 Billion and currently trading at a share price of $24.67 (Yahoo Finance). The organization is divided into five business segments. Trinity’s Rail Group, Trinity’s Railcar Leasing and Management Services Group, Trinity’s Inland Barge Group, Trinity’s Energy Equipment Group and Trinity’s Construction Products Group
Sector/Industry
Trinity Industries is a diversified industry with its core business segments focusing on a variety of market-leading railroad, energy, transportation, and other construction sectors. The primary industry it specializes in is the Railroads.
As per Trinity Industries 2015 annual report, the following are the variety of business sector the company specialize
Railcars and railcar parts
Parts and steel components;
The leasing, management, and maintenance of railcars’
Highway products;
Aggregates
Inland barges;
Structural wind towers;
Steel utility structures;
Storage and distribution containers; and
Trench shields and shoring products
Structure/Line of Business
As mentioned above, Trinity Industries is divided into five business groups.
Rail Group – Manufacturer of freight and tank railcars
Railcar Leasing and Management Service Group – Offers operating leases for tank and freight railcars.
Construction Products Group – Manufactures highway products, steel for infrastructure, mines, and aggregates.
Energy Equipment Group – Manufactures structural wind tower, storage containers and utility steel structure for electricity transmission and distribution.
Inland Barge Group – Manufactures inland barges and fiberglass barge covers.
Trinity Industries Structure (Retrieved from The Official Board)
Yearly performance in terms of revenue
Income Statement (Data retrieved from Yahoo Finance)
All figures are in thousands
Revenue, 12/31/2015, 12/31/2014, 12/31/2013
Total Revenue, 6,392,700, 6,170,000, 4,365,300
Cost of Revenue, 4,656,200, 4,619,800, 3,322,300
Gross Profit, 1,736,500, 1,550,200, 1,043,00
Trinity Industries has had a steady increase in revenue over the years. As per Trinity Industries financial report, revenue increased by 3.6% in 2015 from the previous year, mostly because of higher shipment volume and pricing. Trinity experienced a massive increase in sales in 2014 from last year. The revenue increased by 41.3% percentage primarily because of the top shipment volume and expand on the overall demand for Rail Group, Construction, Inland Barge and Energy equipment products (Trinity Industries, Inc, n.d.).
Trinity Industries Management and Culture
Trinity Industries' management and culture are mainly driven by solid values, operational flexibility, entrepreneurialism, loyalty, continuous improvement, motivated attitude, operational experience, collaboration, result-oriented, leveraging strengths as well as strong work ethic. (Industries, n.d.). In his letter public to the company’s career website, the Chief Executive Officer Mr. Timothy R. Wallace illustrates how the organization embraces change and high reward progressive initiatives. He further explained how the company offers many opportunities for career advancement as well as diversity.
References
Schultze, U. (2011, October 4). The Sox Compliance journey at Trinity Industries. Retrieved August 21, 2016, from Journal of Information Technology Cases, https://bb.snhu.edu/bbcswebdav/pid-1378078-dt-announcement-rid-38222876_1/courses/ACC-675-X5049_16TW5/The%20SOX%20Compliance%20journey%20at%20Trinity%20Industries.pdf In-line
TRN profile | Trinity Industries, Inc. Common stock - Yahoo finance. Retrieved August 21, 2016, from Yahoo Finance, https://finance.yahoo.com/quote/TRN/profile?p=TRN
Trinity Industries, Inc. 2015 annual report. Retrieved August 21, 2016, from Trinity Industries yearly report 2015, http://trinityindustries.com/AnnualReport.pdf In-line
Org chart Trinity Industries. (2016, June 6). Retrieved August 22, 2016, from The Official Board, http://www.theofficialboard.com/org-chart/trinity-industries In-line
Industries, T. TRINITY CAREERS. Retrieved August 22, 2016, from https://www.trinitycareers.com/ourculture/cultural-characteristics
