Trainline/£TRN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Trainline
Trainline, listed on the London Stock Exchange under the ticker TRN, operates in the travel and technology sector. Founded in 1997 and headquartered in London, the company provides an integrated platform that aggregates train and coach tickets from various providers across Europe, offering customers a centralized platform for booking and managing travel. Trainline's technology-driven services cater to both consumers and businesses, aiming to optimize travel efficiency and accessibility.
- Ticker
- £TRN
- Sector
- Consumer Discretionary
- Primary listing
- LSE
- Employees
- 990
- Headquarters
- London, United Kingdom
- Website
- www.trainlinegroup.com
Trainline Metrics
BasicAdvanced
£658M
10.43
£0.19
0.34
-
Price and volume
Market cap
£658M
Beta
0.34
52-week high
£2.80
52-week low
£1.78
Average daily volume
1.5M
Financial strength
Current ratio
0.701
Quick ratio
0.701
Long term debt to equity
1.913
Total debt to equity
1.926
Interest coverage (TTM)
7.77%
Profitability
EBITDA (TTM)
126.882
Gross margin (TTM)
83.38%
Net profit margin (TTM)
15.92%
Operating margin (TTM)
26.31%
Effective tax rate (TTM)
30.46%
Revenue per employee (TTM)
£460,000
Management effectiveness
Return on assets (TTM)
10.48%
Return on equity (TTM)
34.86%
Valuation
Price to earnings (TTM)
10.432
Price to revenue (TTM)
1.641
Price to book
4.11
Price to tangible book (TTM)
-1.98
Price to free cash flow (TTM)
15.321
Free cash flow yield (TTM)
6.53%
Free cash flow per share (TTM)
0.128
Growth
Revenue change (TTM)
0.78%
Earnings per share change (TTM)
13.53%
3-year revenue growth (CAGR)
7.91%
3-year earnings per share growth (CAGR)
57.72%
What the Analysts think about Trainline
Analyst ratings (Buy, Hold, Sell) for Trainline stock.
Analyst projections of the future price of Trainline stock.
Bulls say / Bears say
FY2026 showed operating leverage: net ticket sales rose 7% to £6.3bn, while adjusted EBITDA increased 11% and operating profit rose 43%. Management expects the EBITDA margin on ticket sales to improve again in FY2027. (Investegate)
Trainline’s business-to-business rail distribution offers a growth engine beyond UK consumer ticketing: international B2B sales grew 58% in FY2026, as more travel platforms connected to its European rail API. The wider B2B distribution business grew 36%. (Investegate)
The rail regulator’s draft retail code proposes fair, transparent and non-discriminatory access for independent retailers to fares, systems and data. If the final rules are enforced effectively, they could limit the risk that Great British Railways favours its own retail platform, although Trainline says the draft needs strengthening. (Sharecast)
Recent trading points to a sharp slowdown: first-half ticket sales were flat year on year and underlying revenue fell 1%. FY2027 guidance allows for ticket sales to decline by about 2% and revenue by about 3% at the bottom of the ranges. (Investegate, Investegate)
The UK consumer business remains exposed to weakening revenue quality: first-half revenue fell 5% even though ticket sales were flat. Trainline cited lower refund-fee income, the regulated fare freeze and competition from operators’ own channels and Project Oval as pressures. (Investegate)
The CMA is investigating whether Trainline made mandatory booking fees clear early enough in the booking process. Any requirement to change how fees are displayed or charged could put pressure on customer conversion or the economics of a key revenue stream; the investigation has not yet reached a finding. (Investors' Chronicle)
Data summarised monthly by Lightyear AI. Last updated on 13 Oct 2026.
Trainline Financial Performance
Revenues and expenses
Trainline Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Trainline
AllGBPUSDEUR
Fund name | Fund size | £TRN weighting |
|---|---|---|
iShares FTSE 250£MIDD | £672M | 0.23% |
Vanguard FTSE 250£VMIG | £569M | 0.22% |
Vanguard FTSE 250£VMID | £1.5B | 0.22% |
iShares Ageing Population$AGED | $953M | 0.08% |
iShares Ageing Population£AGES | $953M | 0.08% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.