Investor Presentaiton
Stable Financial Performance Through the Cycle
Leasing Operations Revenue and Operating Profit Margin (1)
Leading railcar lessor
$800
50%
•
Owned fleet of 105,925 railcars
$750
40%
$700
•
Total Owned and Managed fleet of 132,580
railcars
30%
$650
20%
$600
Growing portfolio and future cash flow
10%
$550
•
Leased backlog of 4,060 railcars
$500
0%
2016
2017
2018
2019
LTM
(in $mms)
.
$2.0 billion future contractual lease revenue
Leasing Operations Revenue
Portfolio Expirations Imply Manageable Renewal Risk(2)
OP Margin
18,000
Balanced portfolio management
15,000
•
Portfolio expirations and average expiring lease
rate imply manageable renewal risk
12,000
9,000
Future Lease Rate Differential (3) is -21%
•
Implies NTM segment revenue headwind of -2%
if current conditions persist
Railcars
6,000
3,000
TRINITY INDUSTRIES
See appendix for footnotes
$900
$800
$700
$600
$500
$400
$300
0
$200
2020
2021
2022
2023
2024
■Fleet Expirations
Lease Rate Avg
DELIVERING GOODS for THE GOOD of ALL
/// 27View entire presentation