YOLFTbeta
Trinity Capital Inc.

Trinity Capital Inc.

TRIN · NYSE · Financial Services / Asset Management

17.70USD-0.17 (-0.95%)

Price History

Full chart

Market Stats

Previous Close17.87
Open17.78
Day Range17.55 – 17.79
52-Week Range12.54 – 18.72
Volume702.82K
Market Cap1.67B
P/E (TTM)10.15
Forward P/E8.32
EPS1.74
Dividend Yield11.55%
Beta0.67
50-Day Avg17.98
200-Day Avg16.48

About

Trinity Capital Inc. is a business development company specializing in term loans, equipment financing, and private equity-related investments. The firm provides tech lending, equipment financing, life sciences, warehouse lending, and sponsor finance sources. The firm is industry agnostic and invests in growth-stage companies across industries, including aerospace, software, Agricultural Equipment, Alternative Protein, Clean Technology, Energy, Food and Beverage / CPG, Information Technology, Life Sciences, Oil and Gas, Robotics, Semiconductors, Transportation, and consumer and retail. They provide investors with stable and consistent returns through access to the private credit market. Trinity Capital Inc. was founded in 2008 and is based in Phoenix, Arizona, with additional offices in Solana Beach, California and San Diego, California.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Kyle Steven Brown
  • Employees113
  • Headquarters1N 1st Street, Phoenix, AZ, United States, 85004, USA
  • Websitehttps://www.trinitycapital.com

Leadership

  • Mr. Steven Louis BrownFounder & Executive Chairman · b. 1961
  • Mr. Kyle Steven BrownCEO, President, Chief Investment Officer & Director · b. 1984
  • Mr. Michael TestaCFO & Treasurer · b. 1982
  • Mr. Gerald HarderChief Operating Officer · b. 1961
  • Ms. Sarah Stanton J.D.Chief Compliance Officer, General Counsel & Secretary · b. 1984
  • Mr. Ronald KundichChief Credit Officer · b. 1970
  • Mr. Richard NelsonSenior Technology Director
  • Mr. Ben MalcolmsonHead of Investor Relations
  • Mr. Donnie HoganVice President of Marketing & Communications
  • Ms. Rachel BloomerDirector of Human Resources

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-23.82M155.09M43.54M174.84M237.44M232.25M
Growth (%)--+551.02%-71.93%+301.57%+35.81%-2.18%
Cost of Revenue-10.43M15.52M34.15M33.09M61.95M51.40M
Gross Profit-13.39M139.57M9.39M141.75M175.49M232.25M
Gross Margin-56.20%89.99%21.57%81.07%73.91%100.00%
Operating Expense-19.50M7.25M37.38M12.01M57.22M16.09M
Operating Income-1.26M-6.11M132.32M-27.99M129.74M118.27M216.17M
Operating Margin--25.66%85.32%-64.28%74.21%49.81%93.07%
EBITDA-733.60K-6.06M307.80M-24.19M129.74M118.27M216.17M
EBITDA Margin--25.45%198.47%-55.56%74.21%49.81%93.07%
Net Income-524.00K-6.11M132.32M-30.38M76.89M115.60M135.60M
Net Income Margin--25.66%85.32%-69.77%43.98%48.68%58.39%
R&D-0.131.390.170.5--
R&D as % of Total Revenue-0.00%0.00%0.00%0.00%--
Interest Expense016.77M20.39M34.15M44.30M61.95M80.56M
Interest Expense % of Total Revenue-70.41%13.15%78.43%25.34%26.09%34.69%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets6.20M559.71M937.12M1.13B1.31B1.77B2.48B
Total Liabilities6.73M320.96M490.58M666.79M699.82M951.26M1.39B
Total Equity-524.00K238.75M446.53M459.65M611.16M822.98M1.09B
Cash044.66M31.68M10.61M4.76M9.63M19.11M
Total Debt-299.75M455.35M610.59M646.89M877.67M1.31B
Net Debt-255.09M423.66M599.98M642.13M868.05M1.29B

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-384.00K-58.23M-241.67M-235.74M-96.26M-316.91M-535.50M
Investing Cash Flow-91.98M-91.98M-1.20M-194.00K-2.74M-420.00K-785.00K
Financing Cash Flow211.31M211.31M228.52M199.81M93.15M322.19M545.77M
Capital Expenditure253.00K253.00K1.20M194.00K2.74M420.00K785.00K
Free Cash Flow-384.00K-58.48M-242.88M-235.94M-99.00M-317.33M-535.50M
Dividends Paid10.35M10.35M24.93M61.16M78.80M102.53M136.37M
FCF to OCF100.00%100.43%100.50%100.08%102.85%100.13%100.00%
Dividend Paid to FCF-2695.31%-17.70%-10.26%-25.92%-79.59%-32.31%-25.47%

Earnings

Report DateMar 13, 2020May 14, 2020Aug 12, 2020Nov 12, 2020Jan 28, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Mar 3, 2022May 9, 2022Aug 4, 2022Nov 3, 2022Mar 2, 2023May 4, 2023Aug 2, 2023Nov 1, 2023Mar 6, 2024May 1, 2024Aug 7, 2024Oct 30, 2024Mar 4, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 25, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.000.000.000.680.330.280.320.360.410.420.480.520.500.570.530.550.540.540.520.520.530.520.520.520.520.510.520.51
EPS Actual-0.02-1.38-1.110.680.290.310.380.400.380.540.480.530.570.520.580.550.540.520.510.520.560.520.530.520.520.530.51-
Surprise---0.00%-10.82%10.71%18.75%11.11%-7.32%28.57%0.00%1.92%14.00%-8.77%9.43%0.00%0.00%-3.70%-1.92%0.00%6.65%0.00%1.92%0.00%0.42%3.92%-1.92%-
Timing---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.67B
Enterprise Value3.15B
Trailing P/E10.15
Forward P/E8.32
PEG Ratio5.14
Price / Sales5.34
Price / Book1.31
EPS1.74
Book Value13.27
Revenue (TTM)313.05M
Gross Profit (TTM)313.05M
EBITDA53.91M
Profit Margin45.15%
Operating Margin79.07%
Return on Equity12.91%
Return on Assets6.11%
Shares Outstanding94.69M
Shares Float90.96M
Beta0.67
Dividend Yield11.55%
Dividend Rate2.04
Payout Ratio32.69%

Analyst Ratings

Buy
Based on 8 analystsTarget 18.50
  • Strong Buy
    6
  • Hold
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
27.50%
Insiders
3.95%
Retail / Other
68.55%

Top Institutional Holders

  • Two Sigma Investments LLC
    1.84M1.95%
  • Van Eck Associates Corporation
    1.55M1.63%
  • Melia Wealth LLC
    1.30M1.37%
  • Sound Income Strategies
    1.27M1.34%
  • UBS Group AG
    1.04M1.10%
  • Amvescap Plc.
    951.48K1.00%
  • Emerald Advisers, LLC
    744.88K0.79%
  • Franklin Templeton Inc
    740.81K0.78%
  • Eagle Point Credit Management LLC
    727.44K0.77%
  • T. Rowe Price Associates, Inc.
    668.13K0.71%
  • Rockefeller Capital Management L.P.
    643.61K0.68%
  • Emerald Mutual Fund Advisers Trust
    549.26K0.58%
  • Ares Management LLC
    545.72K0.58%
  • Morgan Stanley - Brokerage Accounts
    532.85K0.56%
  • Stifel Financial Corp
    433.72K0.46%
  • LPL Financial Corp
    420.75K0.44%
  • Ameriprise Financial Inc
    349.93K0.37%

Top Fund Holders

  • VanEck BDC Income ETF
    1.77M1.87%
  • Putnam BDC Income ETF
    819.63K0.87%
  • Invesco KBW High Dividend Yld Fincl ETF
    722.42K0.76%

Dividends

202611×
0.17Nov 13, 20260.17Oct 15, 20260.17Sep 10, 20260.17Aug 14, 20260.17Jul 15, 20260.17Jun 11, 20260.17May 15, 20260.17Apr 15, 20260.17Mar 13, 20260.17Feb 13, 20260.17Jan 15, 2026
20254×
0.51Dec 31, 20250.51Sep 30, 20250.51Jun 30, 20250.51Mar 31, 2025
20244×
0.51Dec 31, 20240.51Sep 30, 20240.51Jun 28, 20240.51Mar 27, 2024
20234×
0.50Dec 28, 20230.54Sep 28, 20230.53Jun 29, 20230.47Mar 30, 2023
20221×
0.61Dec 29, 2022