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Trinity Capital Inc.

$17.93 +$2.88 (+19.14%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$17.82
Day Range
$17.75$17.95
Year Range
$14.13$18.89
Market Cap
1.61B
AVG Volume
1.05M
Trailing/Forward PE
9.34/8.51
PEG ratio
7.32
Dividend Yield
11.38%
Next Earnings Date
2026-11-04
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0100M200M300M202020212022202320242025
TRIN Revenue (USD) by year
PeriodRevenue (USD)
2025252.82M
2024237.44M
2023168.85M
202243.54M
2021175.48M
202040.59M
Net Income (USD)
-50M050M100M150M202020212022202320242025
TRIN Net Income (USD) by year
PeriodNet Income (USD)
2025135.6M
2024115.59M
202376.89M
2022-30.38M
2021132.32M
2020-6.11M
Operating Income (USD)
-50M050M100M150M200M202020212022202320242025
TRIN Operating Income (USD) by year
PeriodOperating Income (USD)
2025161.37M
2024118.27M
202379.45M
2022-27.99M
2021132.38M
2020-6.11M
EBITDA (USD)
-50M050M100M150M200M202020212022202320242025
TRIN EBITDA (USD) by year
PeriodEBITDA (USD)
2025163.75M
2024123.67M
202382.66M
2022-11.61M
2021137.33M
2020-5.33M
Cash Flows (USD)
-400M-300M-200M-100M0100M202020212022202320242025
TRIN Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-158.86M
2024-317.33M
2023-82.4M
2022-235.94M
2021-223.17M
202022.87M
EPS (USD)
-20246202020212022202320242025
TRIN EPS (USD) by year
PeriodEPS (USD)
20251.96
20242.06
20232.04
2022-0.93
20214.78
2020-0.24
Expenses (USD)
05M10M15M20MSG&ACapex202020212022202320242025
TRIN Expenses (USD) by year
PeriodExpenses (USD)
202518.48M
202414.6M
202314.75M
202210.38M
20218.39M
20204.64M
Cash & Debt (USD)
0500M1B1.5BCashLong Term DebtShort Term Debt202020212022202320242025
TRIN Cash & Debt (USD) by year
PeriodCash & Debt (USD)
202519.11M
20249.63M
20234.76M
202210.61M
202131.68M
202044.66M
Debt ratios
01234202320242025
TRIN Debt ratios by year
PeriodDebt ratios
20253.61
20242.61
20233.13
Margins
0%25%50%75%100%202020212022202320242025
TRIN Margins by year
PeriodMargins
202577.58%
202473.91%
202373.77%
202221.57%
202188.38%
202058.68%
Return on Capital
-10%0%10%20%30%202020212022202320242025
TRIN Return on Capital by year
PeriodReturn on Capital
202512.4%
202414.05%
202312.58%
2022-6.61%
202129.63%
2020-2.56%
Shares Outstanding
020M40M60M80M202020212022202320242025
TRIN Shares Outstanding by year
PeriodShares Outstanding
202577.03M
202459.41M
202344.31M
202235.13M
202127.2M
202025.31M
Dividends (USD)
01232020202120222023202420252026
TRIN Dividends (USD) by year
PeriodDividends (USD)
20261.53
20252.04
20242.04
20232.04
20222.33
20211.26
20200.27
Employee Count
050100150202020212022202320242025
TRIN Employee Count by year
PeriodEmployee Count
2025106
202488
202368
202257
202141
202034
Book Value Per Share (USD)
05101520202020212022202320242025
TRIN Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202514.2
202413.85
202313.79
202213.08
202116.42
20209.43
Total Assets (USD)
01B2B3B202020212022202320242025
TRIN Total Assets (USD) by year
PeriodTotal Assets (USD)
20252.48B
20241.77B
20231.31B
20221.13B
2021937.12M
2020559.71M
PE Ratio
67891011med 8.54Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
TRIN PE Ratio by year
PeriodPE Ratio
Sep 269.67
Sep 269.82
Aug 2610.01
Aug 269.89
Aug 269.78
Aug 269.73
Jul 269.53
Jul 269.37
Jul 269.65
Jul 269.56
Jul 269.66
Jun 269.25
Jun 269.14
Jun 269.17
Jun 269.17
May 269.15
May 268.95
May 269.15
May 269.23
May 269.45
Apr 269
Apr 269.18
Apr 268.59
Apr 268.51
Mar 268.12
Mar 268.15
Mar 268.19
Mar 268.47
Feb 268.4
Feb 267.53
Feb 267.76
Feb 268.15
Jan 268.47
Jan 268.31
Jan 268.16
Jan 267.96
Jan 267.57
Dec 257.65
Dec 257.59
Dec 257.64
Dec 257.51
Nov 257.45
Nov 257.22
Nov 257.43
Nov 257.35
Oct 257.17
Oct 257.09
Oct 257.03
Oct 256.86
Oct 257.24
Sep 257.62
Sep 257.82
Sep 257.65
Sep 257.71
Aug 257.7
Aug 257.51
Aug 257.58
Aug 257.51
Aug 257.28
Jul 257.36
Jul 257.31
Jul 257.03
Jul 256.97
Jun 257
Jun 256.96
Jun 257.05
Jun 257.1
May 257.11
May 257.06
May 257.24
May 256.95
May 258.92
Apr 259.25
Apr 258.91
Apr 258.44
Apr 258.9
Mar 259.85
Mar 2510.04
Mar 259.85
Mar 2510.04
Feb 2510.31
Feb 259.85
Feb 259.86
Feb 259.92
Jan 259.52
Jan 259.28
Jan 259.09
Jan 258.87
Jan 259.15
Dec 249.2
Dec 249.02
Dec 249.09
Dec 248.9
Nov 249.13
Nov 248.92
Nov 248.83
Nov 248.76
Nov 248.31
Oct 248.58
Oct 248.73
Free Cash Flow Yield
-80%-60%-40%-20%0%med -32.17%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
TRIN Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-13.35%
Sep 26-13.13%
Aug 26-12.89%
Aug 26-13.04%
Aug 26-13.19%
Aug 26-13.26%
Jul 26-5.47%
Jul 26-5.56%
Jul 26-5.4%
Jul 26-5.45%
Jul 26-5.39%
Jun 26-5.63%
Jun 26-5.7%
Jun 26-5.68%
Jun 26-5.69%
May 26-5.69%
May 26-5.82%
May 26-5.7%
May 26-5.65%
May 26-12.4%
Apr 26-13.02%
Apr 26-12.75%
Apr 26-13.64%
Apr 26-13.77%
Mar 26-14.43%
Mar 26-14.38%
Mar 26-14.3%
Mar 26-13.83%
Feb 26-13.94%
Feb 26-13.25%
Feb 26-12.87%
Feb 26-12.25%
Jan 26-11.79%
Jan 26-12.01%
Jan 26-12.24%
Jan 26-12.55%
Jan 26-13.18%
Dec 25-13.05%
Dec 25-13.15%
Dec 25-13.07%
Dec 25-13.29%
Nov 25-13.39%
Nov 25-13.82%
Nov 25-13.43%
Nov 25-13.59%
Oct 25-40.32%
Oct 25-40.78%
Oct 25-41.14%
Oct 25-42.14%
Oct 25-39.92%
Sep 25-37.91%
Sep 25-36.94%
Sep 25-37.77%
Sep 25-37.49%
Aug 25-37.56%
Aug 25-38.48%
Aug 25-38.15%
Aug 25-38.46%
Aug 25-32.09%
Jul 25-31.75%
Jul 25-31.97%
Jul 25-33.21%
Jul 25-33.49%
Jun 25-33.37%
Jun 25-33.53%
Jun 25-33.12%
Jun 25-32.91%
May 25-32.87%
May 25-33.07%
May 25-32.25%
May 25-33.58%
May 25-60.6%
Apr 25-58.44%
Apr 25-60.64%
Apr 25-64.04%
Apr 25-60.72%
Mar 25-54.85%
Mar 25-53.8%
Mar 25-54.85%
Mar 25-53.83%
Feb 25-52.44%
Feb 25-54.85%
Feb 25-54.79%
Feb 25-54.48%
Jan 25-56.75%
Jan 25-58.2%
Jan 25-59.44%
Jan 25-60.89%
Jan 25-59.07%
Dec 24-58.71%
Dec 24-59.89%
Dec 24-59.48%
Dec 24-60.72%
Nov 24-59.19%
Nov 24-60.55%
Nov 24-61.19%
Nov 24-61.67%
Nov 24-65.04%
Oct 24-32%
Oct 24-31.45%
Price to Sales
3456med 4.01Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
TRIN Price to Sales by year
PeriodPrice to Sales
Sep 265.66
Sep 265.76
Aug 265.86
Aug 265.8
Aug 265.73
Aug 265.7
Jul 265.32
Jul 265.23
Jul 265.39
Jul 265.33
Jul 265.39
Jun 265.16
Jun 265.1
Jun 265.12
Jun 265.11
May 265.11
May 265
May 265.11
May 265.15
May 265.07
Apr 264.83
Apr 264.93
Apr 264.61
Apr 264.56
Mar 264.35
Mar 264.37
Mar 264.39
Mar 264.54
Feb 264.51
Feb 263.76
Feb 263.87
Feb 264.07
Jan 264.23
Jan 264.15
Jan 264.07
Jan 263.97
Jan 263.78
Dec 253.82
Dec 253.79
Dec 253.81
Dec 253.75
Nov 253.72
Nov 253.6
Nov 253.71
Nov 253.67
Oct 253.62
Oct 253.57
Oct 253.54
Oct 253.46
Oct 253.65
Sep 253.85
Sep 253.95
Sep 253.86
Sep 253.89
Aug 253.88
Aug 253.79
Aug 253.82
Aug 253.79
Aug 253.62
Jul 253.66
Jul 253.63
Jul 253.5
Jul 253.47
Jun 253.48
Jun 253.46
Jun 253.51
Jun 253.53
May 253.53
May 253.51
May 253.6
May 253.46
May 253.98
Apr 254.13
Apr 253.98
Apr 253.77
Apr 253.97
Mar 254.4
Mar 254.49
Mar 254.4
Mar 254.48
Feb 254.6
Feb 254.4
Feb 254.4
Feb 254.43
Jan 254.25
Jan 254.15
Jan 254.06
Jan 253.96
Jan 254.08
Dec 244.11
Dec 244.03
Dec 244.06
Dec 243.97
Nov 244.08
Nov 243.98
Nov 243.94
Nov 243.91
Nov 243.71
Oct 243.83
Oct 243.9
EV/EBITDA
1214161820med 14.88Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
TRIN EV/EBITDA by year
PeriodEV/EBITDA
Sep 2613.16
Sep 2613.27
Aug 2613.4
Aug 2613.32
Aug 2613.24
Aug 2613.2
Jul 2614.28
Jul 2614.16
Jul 2614.38
Jul 2614.31
Jul 2614.39
Jun 2614.07
Jun 2613.98
Jun 2614
Jun 2614
May 2613.99
May 2613.83
May 2613.99
May 2614.05
May 2615.72
Apr 2615.34
Apr 2615.5
Apr 2615
Apr 2614.94
Mar 2614.61
Mar 2614.64
Mar 2614.68
Mar 2614.91
Feb 2614.85
Feb 2615.11
Feb 2615.33
Feb 2615.7
Jan 2616.01
Jan 2615.86
Jan 2615.71
Jan 2615.52
Jan 2615.15
Dec 2515.22
Dec 2515.17
Dec 2515.21
Dec 2515.09
Nov 2515.04
Nov 2514.82
Nov 2515.02
Nov 2514.94
Oct 2513.76
Oct 2513.69
Oct 2513.63
Oct 2513.47
Oct 2513.83
Sep 2514.19
Sep 2514.38
Sep 2514.22
Sep 2514.27
Aug 2514.26
Aug 2514.09
Aug 2514.15
Aug 2514.09
Aug 2513.8
Jul 2513.88
Jul 2513.83
Jul 2513.58
Jul 2513.52
Jun 2513.54
Jun 2513.51
Jun 2513.59
Jun 2513.63
May 2513.64
May 2513.6
May 2513.77
May 2513.5
May 2517.75
Apr 2518.06
Apr 2517.75
Apr 2517.31
Apr 2517.74
Mar 2518.61
Mar 2518.79
Mar 2518.61
Mar 2518.79
Feb 2519.03
Feb 2518.61
Feb 2518.62
Feb 2518.68
Jan 2518.31
Jan 2518.09
Jan 2517.91
Jan 2517.71
Jan 2517.96
Dec 2418.02
Dec 2417.85
Dec 2417.91
Dec 2417.74
Nov 2417.95
Nov 2417.76
Nov 2417.67
Nov 2417.61
Nov 2417.19
Oct 2416.16
Oct 2416.3
Price/Operating Cashflow
0255075100125med 21.42Feb 21Apr 21May 21Jul 21Nov 23Jan 24Mar 24
TRIN Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Mar 2497.26
Feb 2496.32
Feb 2495.45
Feb 2493.43
Feb 2493.57
Jan 2494.04
Jan 2495.05
Jan 2497.66
Jan 24100.55
Dec 2397.53
Dec 23102.16
Dec 23102.16
Dec 2399.54
Dec 2399.27
Nov 23100.62
Nov 2397.8
Nov 2396.99
Nov 2397.93
Jul 2119.29
Jul 2119.38
Jul 2119.48
Jul 2119.62
Jul 2119.54
Jun 2119.62
Jun 2119.82
Jun 2119.93
Jun 2119.82
May 2119.54
May 2119.57
May 2119.74
May 2120.27
Apr 2121.2
Apr 2121.38
Apr 2121.42
Apr 2121.41
Apr 2121.2
Mar 2120.81
Mar 2120.02
Mar 2121.41
Mar 2121.36
Feb 2122
Feb 2121.76
Feb 2120.83
Feb 2121.84
Jan 2121.84
Price to Book
0.911.11.21.31.4med 1.09Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
TRIN Price to Book by year
PeriodPrice to Book
Sep 261.28
Sep 261.3
Aug 261.33
Aug 261.31
Aug 261.3
Aug 261.29
Jul 261.26
Jul 261.24
Jul 261.28
Jul 261.26
Jul 261.28
Jun 261.22
Jun 261.21
Jun 261.21
Jun 261.21
May 261.21
May 261.18
May 261.21
May 261.22
May 261.17
Apr 261.12
Apr 261.14
Apr 261.06
Apr 261.05
Mar 261.01
Mar 261.01
Mar 261.02
Mar 261.05
Feb 261.04
Feb 261.07
Feb 261.1
Feb 261.16
Jan 261.2
Jan 261.18
Jan 261.16
Jan 261.13
Jan 261.08
Dec 251.09
Dec 251.08
Dec 251.09
Dec 251.07
Nov 251.06
Nov 251.03
Nov 251.06
Nov 251.05
Oct 251.08
Oct 251.06
Oct 251.06
Oct 251.03
Oct 251.09
Sep 251.15
Sep 251.18
Sep 251.15
Sep 251.16
Aug 251.16
Aug 251.13
Aug 251.14
Aug 251.13
Aug 251.12
Jul 251.13
Jul 251.12
Jul 251.08
Jul 251.07
Jun 251.08
Jun 251.07
Jun 251.08
Jun 251.09
May 251.09
May 251.09
May 251.11
May 251.07
May 251.03
Apr 251.07
Apr 251.03
Apr 250.97
Apr 251.03
Mar 251.14
Mar 251.16
Mar 251.14
Mar 251.16
Feb 251.19
Feb 251.14
Feb 251.14
Feb 251.15
Jan 251.1
Jan 251.07
Jan 251.05
Jan 251.03
Jan 251.06
Dec 241.06
Dec 241.04
Dec 241.05
Dec 241.03
Nov 241.05
Nov 241.03
Nov 241.02
Nov 241.01
Nov 240.96
Oct 241.01
Oct 241.03
Trinity Capital Inc.
TRIN
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News: TRIN

In This Market, This Sector Is A Retirement Income Standout

seekingalpha.com · 8 Sep 2026

In This Market, This Sector Is A Retirement Income Standout

Equity markets remain in a prolonged, robust bull run, demanding high selectivity for new opportunities. Infra and utility sectors are heavily dependent on AI, while energy and midstream appear overinflated due to war-related factors. High-duration assets are considered excessively risky in the current environment, favoring cash preservation instruments like high-quality CLOs and T-bills.

BDCs May Get The Catalyst They Desperately Need, But Here's Why You Should Remain Cautious

seekingalpha.com · 6 Sep 2026

BDCs May Get The Catalyst They Desperately Need, But Here's Why You Should Remain Cautious

Rising interest rates could provide a short-term catalyst for BDCs, but higher rates may also stress borrowers and tighten dividend coverage. Capital Southwest and Trinity Capital are favored for income; both are internally managed with strong balance sheets and yields above 10%.

Buy 2 Enhanced Yield Hedges And Sleep Like A Baby

seekingalpha.com · 5 Sep 2026

Buy 2 Enhanced Yield Hedges And Sleep Like A Baby

The current bull rally in equities, driven by massive AI CapEx, feels increasingly late-cycle and vulnerable to a correction. I see parallels between today's AI investment surge and past capital misallocations, such as the fiber-optic boom that failed due to the wildly inaccurate internet demand forecasts. Despite favoring high-quality, resilient, dividend-focused assets like infrastructure and internally managed BDCs (e.g., TRIN), equity risk remains pervasive.

Trinity Capital Inc. Provides Equipment Financing to LuxWall to Assist in Hyper-Scaling Transparent Insulation

prnewswire.com · 27 Aug 2026

Trinity Capital Inc. Provides Equipment Financing to LuxWall to Assist in Hyper-Scaling Transparent Insulation

PHOENIX, Aug. 27, 2026 /PRNewswire/ -- Trinity Capital Inc. (NYSE: TRIN) (the "Company"), a leading international alternative asset manager, today announced an equipment financing commitment to LuxWall,  a pioneer of Transparent Insulation. LuxWall develops and manufactures Transparent Insulation scienced with vacuum insulation technology to improve building energy performance while delivering meaningful economic value to property owners.

Trinity Capital Inc. Expands Equipment Finance Vertical with Appointment of Matt Nuyen as Director of Originations

prnewswire.com · 26 Aug 2026

Trinity Capital Inc. Expands Equipment Finance Vertical with Appointment of Matt Nuyen as Director of Originations

PHOENIX, Aug. 26, 2026 /PRNewswire/ -- Trinity Capital Inc. (NYSE: TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Matt Nuyen as Director of Originations on the Equipment Finance team, based in Phoenix, Arizona. With two decades of experience in commercial equipment finance and structured debt, Mr.

Trinity Capital: This May Be The Best Double-Digit Yield In BDC Land

seekingalpha.com · 22 Aug 2026

Trinity Capital: This May Be The Best Double-Digit Yield In BDC Land

Trinity Capital demonstrates robust growth, disciplined underwriting, and a 12% yield, positioning it as a top BDC for income seekers. TRIN delivered a record $619M in Q2 fundings, 36% AUM growth, and maintained low non-accruals, reflecting strong credit quality and portfolio diversification. Balance sheet flexibility is enhanced by a premium to NAV, conservative leverage, $66M spillover income, and recent capital raises supporting future investments.

Not All Venture Debt Dividend Yields Are Safe: Trinity Capital Vs. TriplePoint Venture

seekingalpha.com · 17 Aug 2026

Not All Venture Debt Dividend Yields Are Safe: Trinity Capital Vs. TriplePoint Venture

Investor sentiment in venture debt BDCs continues to be shaped by perceived AI-driven risks to software portfolios. TPVG is down 15% over the last year, with TRIN up 13%. TRIN offers an 11.07% annualized yield with monthly distributions, while TPVG pays 580 basis points over this with its 16.9% yield but with coverage at 91% versus 100% from TRIN. TPVG saw NII fall 26.5% year-over-year versus growth of 32.1% for TRIN, with TPVG trading at a deep 37% discount to NAV per share. TRIN trades at a 35% premium.

The BDC Asymmetry That Nobody Prices In

seekingalpha.com · 17 Aug 2026

The BDC Asymmetry That Nobody Prices In

Business Development Companies (BDCs) offer high yields but carry significant, often overlooked risks tied to their underlying leveraged loan portfolios. Negative asymmetry in BDCs arises from management fee structures, which erode upside while exposing investors to nearly all downside, justifying persistent NAV discounts. Investors frequently misjudge BDC discounts, expecting P/NAV convergence, but structural risks and poor track records often warrant these discounts.

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