XNAS
TRIN
Market cap959mUSD
May 16, Last price
14.84USD
1D
0.75%
1Q
-6.37%
IPO
2.34%
Name
Trinity Capital Inc
Chart & Performance
P/E
8.30
P/S
4.23
EPS
1.79
Div Yield, %
10.31%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
227m
+29.68%
Net income
116m
+50.33%
CFO
-317m
L
Dividend
Sep 30, 20240.51 USD/sh
Earnings
Aug 05, 2025
Profile
Trinity Capital Inc. is a business development company. It is a venture capital firm specializing in venture debt to growth stage companies looking for loans and/or equipment financing. Trinity Capital Inc. was founded in 2019 is based in Phoenix, Arizona with additional offices in Lutherville-Timonium, Maryland, San Diego, California and Austin, Texas.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | ||||||
Revenues | 226,729 29.68% | 174,840 1,761.78% | 9,391 -93.94% | |||
Cost of revenue | 57,693 | 45,098 | 37,377 | |||
Unusual Expense (Income) | ||||||
NOPBT | 169,036 | 129,742 | (27,986) | |||
NOPBT Margin | 74.55% | 74.21% | ||||
Operating Taxes | 2,678 | 2,560 | 2,389 | |||
Tax Rate | 1.58% | 1.97% | ||||
NOPAT | 166,358 | 127,182 | (30,375) | |||
Net income | 115,596 50.33% | 76,893 -353.15% | (30,375) -122.96% | |||
Dividends | (102,532) | (78,802) | (61,155) | |||
Dividend yield | 12.14% | 12.70% | 17.67% | |||
Proceeds from repurchase of equity | 196,505 | 146,455 | 114,408 | |||
BB yield | -23.26% | -23.60% | -33.05% | |||
| Debt | ||||||
Debt current | 49,395 | 884 | 48,118 | |||
Long-term debt | 652,394 | 612,577 | ||||
Deferred revenue | 666,790 | |||||
Other long-term liabilities | 901,864 | 12,287 | (680,466) | |||
Net debt | (1,685,802) | (626,663) | (481,616) | |||
| Cash flow | ||||||
Cash from operating activities | (316,909) | 64,568 | (235,742) | |||
CAPEX | (2,744) | (194) | ||||
Cash from investing activities | (420) | (2,744) | (194) | |||
Cash from financing activities | 322,195 | 93,153 | 199,806 | |||
FCF | 74,650 | 155,053 | (1,336) | |||
| Balance | ||||||
Cash | 9,627 | 4,761 | 47,925 | |||
Long term investments | 1,725,570 | 1,275,180 | 1,094,386 | |||
Excess cash | 1,723,861 | 1,271,199 | 1,141,841 | |||
Stockholders' equity | (6,644) | (22,581) | 581,465 | |||
Invested Capital | 1,830,280 | 1,286,525 | 523,219 | |||
ROIC | 10.67% | 14.06% | ||||
ROCE | 9.27% | 10.26% | ||||
| EV | ||||||
Common stock shares outstanding | 58,374 | 42,706 | 31,672 | |||
Price | 14.47 -0.41% | 14.53 32.94% | 10.93 -37.83% | |||
Market cap | 844,667 36.12% | 620,516 79.25% | 346,176 -27.68% | |||
EV | (841,135) | (6,147) | 466,908 | |||
EBITDA | 159,555 | 129,742 | 106,828 | |||
EV/EBITDA | 4.37 | |||||
Interest | 61,948 | 44,296 | 34,148 | |||
Interest/NOPBT | 36.65% | 34.14% | ||||