Trinity Capital Inc. (TRIN) Stock

Trinity Capital Inc. (TRIN) is a Financial Services stock trading at $17.27 (as of 2026-07-24), with a market capitalization of $1.55B and a trailing P/E of 11.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Trinity Capital Inc. is a business development company that provides venture debt and related financing, including loans and equipment financing, to growth-stage businesses. It is headquartered in Phoenix, Arizona and operates additional offices in Maryland, California, and Texas.

Understand Trinity Capital Inc.: how it makes money

Trinity Capital Inc. is a business development company that provides venture debt and equipment financing to growth-stage companies, earning money primarily from financing activity through its loans and related financing arrangements.

The profit engine for a venture-debt business is the spread between the returns it earns from making venture debt and equipment loans and the losses it incurs when borrowers do not perform.

Business quality (Solid): Clear business focus (venture debt, growth-stage lending), but limited provided operating metrics and no segment breakdown or operational KPIs here.

Valuation: At 9× earnings, TRIN trades 13% below the Asset Management average (10×). Note: one-time items can distort reported P/E.

Bull case

  • Focused lending specialization: It specializes in venture debt to growth-stage companies, including loans and equipment financing.
  • Business model aligned to growth-stage financing needs: By targeting companies looking for loans and/or equipment financing, it concentrates on a specific customer use case within venture and growth ecosystems.

Bear case

  • Credit risk concentrated in growth-stage borrowers: Because the firm lends to growth-stage companies, borrower performance and repayment outcomes can be uncertain, which can pressure results if loans do not perform.
  • Sensitivity to the financing environment: Venture debt demand and borrower ability to refinance or repay can be affected by broader capital market conditions for growth-stage companies.
Valuation — source: SEC EDGAR (first-party)
Price$17.27
Market Cap$1.55B
P/E Ratio11.2
Price / Book1.33
Price / Sales5.17
DCF Value (model)$25.11
DCF Upside vs Price45.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$279.51M
Net Margin48.5%
Revenue Growth (YoY)32.9%
EPS Growth (YoY)-16.3%
Valuation vs Sector & Industry
Stock P/E11.2
Sector P/E (Financial Services)8.9
Industry P/E (Asset Management)8.9
vs Sector26.1%
vs Industry25.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVAN ECK ASSOCIATES CORP ($22.73M)
Institutional Holders Tracked10
Company
SectorFinancial Services
IndustryAsset Management
CEOKyle Steven Brown
Employees58
CountryUS
IPO Date2021-01-29

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TRIN earnings history · TRIN institutional & insider holders · TRIN KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.