TRIN
Trinity Capital Inc.
TRIN's fundamentals are weak and it looks expensive: trading at 9.7x earnings, above its usual 7.1x. Analysts expect earnings to hold roughly steady.
TRIN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| N/A | |
| N/A |
TRIN's profitability is currently stable, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like TRIN.
TRIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.3x | $9.73 | -46% |
| Fair | 7.1x | $13.17 | -26% |
| Forward | 8.6x | $17.87 | — |
| Expensive | 8.9x | $16.54 | -7.5% |
| Current | 9.7x | $17.87 | — |
Historical ranges are pointers, not guarantees.
TRIN's PE is in its expensive range at 9.7x. On analysts' estimates for next year's earnings, today's price would be 8.6x.
TRIN Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect TRIN's revenue to grow, but its profitability to weaken.
TRIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.09 | +13% |
| Q3 2026 | $1.85 | -17% |
| Q2 2026 | $1.75 | -23% |
| Q1 2026 | $1.89 | -15% |
| Q4 2025 | $1.96 | -6.7% |
| Q3 2025 | $2.23 | +32% |
| Q2 2025 | $2.27 | +37% |
| Q1 2025 | $2.23 | +40% |
| Q4 2024 | $2.10 | +11% |
TRIN earned $1.85 per share over the past year, down 17% from the year before.
TRIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1M | +43% |
| Q2 2026 | $1.1M | -27% |
| Q1 2026 | $900K | -40% |
| Q4 2025 | $1.2M | -29% |
| Q3 2025 | $700K | -56% |
| Q2 2025 | $1.5M | 0% |
| Q1 2025 | $1.5M | -63% |
| Q4 2024 | $1.7M | -35% |
TRIN's revenue is recovering but still below its 2024 peak: $1M last quarter, up 43% from the same quarter a year ago.
TRIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$66.3M | +$117.3M |
| Q2 2026 | -$198.6M | -$75.1M |
| Q1 2026 | -$45.8M | +$17.6M |
| Q4 2025 | -$165M | -996% |
| Q3 2025 | -$183.6M | +$48.4M |
| Q2 2025 | -$123.5M | -$101.6M |
| Q1 2025 | -$63.3M | +$18.1M |
| Q4 2024 | $18.4M | +$154.8M |
TRIN's free cash flow was −$476M over the past year, against −$352M the year before. Free cash flow isn't a meaningful measure for financial services companies like TRIN.
TRIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.1% | +4.6M shares |
| 1 year | +33% | +23.6M shares |
| 3 years | +117% | +51.3M shares |
TRIN has 95M diluted shares, up 33% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2M |
| Q2 2026 | $943,000 |
| Q1 2026 | $1.6M |
TRIN Net Leverage
TRIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.3 | Neutral |
| Stochastic | 57.2 | Neutral |
TRIN's weekly RSI is 57 (neutral) and its Stochastic is 57 (neutral).
TRIN PE vs Financial Services Sector
| Metric | TRIN | Sector median | Relative |
|---|---|---|---|
| PE | 9.7x | 13x | 26% below |
| PE % | 95 | 62 | 33 pts above |
TRIN is trading at 9.7x earnings, a 26% discount to the Financial Services sector's median of 13x.
TRIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.2 | 4% above |
| 20 week MA | $17.6 | 1.5% above |
| 50 week MA | $16.5 | 8.2% above |
| 100 week MA | $15.8 | 13% above |
| 200 week MA | $14.9 | 20% above |
TRIN is in an uptrend: it's above all five of its weekly moving averages, and 20% above its 200-week average.
TRIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $15.0 | $17.3 | +15% |
| 2022 | $17.3 | $11.7 | -33% |
| 2023 | $11.7 | $14.5 | +25% |
| 2024 | $14.5 | $14.8 | +1.8% |
| 2025 | $14.8 | $15.2 | +2.8% |
| 2026 YTD | $15.2 | $17.9 | +18% |
TRIN has finished higher in four of the last five years. It's up 18% so far in 2026.