How Trinity’s Free Cash Flow and Dividend Payout Have Trended
Trinity Industries’ (TRN) cash and cash equivalents were $612.7 million as of June 31, 2018. This figure was up $165.9 million to $778.6 million at the end of December 2017. The company’s free cash flow jumped to $955.9 million in 2016 from ~$600.0 million in 2014. The main factor behind the fall in Trinity’s free cash flow is the contraction in its operating cash flow.