Stocktoria

Trinity Capital Inc. TRIN

Nasdaq · stock · website · IPO 2021-01-29 · LEI

Trinity Capital Inc. statistics & valuation

Market cap$1.5B
P / B1.4×
Net debt$1.3B
Enterprise value USD$2.8B
Graham number +33%$24.33

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($24.33); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
20212022202320242025
Operating margin (%)
20212022202320242025
Return on equity (%)
20212022202320242025
Shares outstanding
29.3M 35.2M 46.3M 61.7M 81.5M 20212022202320242025
Net debt ($)
$434.3M $609.4M $640.7M $878.4M $1.29B 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
20212022202320242025
Free cash flow margin (%)
20212022202320242025
Debt / equity (×)
1.04× 1.35× 1.06× 1.08× 1.19× 20212022202320242025
EPS ($)
$4.64 -$0.96 $1.89 $2.10 $1.96 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Trinity Capital Inc. trades at about 9.3× earnings — above its 10-year norm (10-year range 3.7×–8.6×, median 7.3×).

3.7× 9.3×

Shaded band = 10-year range (3.7×–8.6×); dot = today's 9.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Debt / equity1.19×1.08×1.06×1.35×1.04×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.