Trainline/£TRN
1D1W1MYTD1Y5YMAX
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
£703M
10.75
£0.19
0.33
-
Price and volume
Market cap
£703M
Beta
0.33
52-week high
£2.95
52-week low
£1.78
Average daily volume
2.6M
Financial strength
Current ratio
0.634
Quick ratio
0.601
Long term debt to equity
1.267
Total debt to equity
1.282
Interest coverage (TTM)
10.20%
Profitability
EBITDA (TTM)
125.823
Gross margin (TTM)
82.59%
Net profit margin (TTM)
17.63%
Operating margin (TTM)
27.02%
Effective tax rate (TTM)
30.18%
Revenue per employee (TTM)
£460,000
Management effectiveness
Return on assets (TTM)
11.24%
Return on equity (TTM)
32.77%
Valuation
Price to earnings (TTM)
10.748
Price to revenue (TTM)
1.867
Price to book
3.78
Price to tangible book (TTM)
-2.6
Price to free cash flow (TTM)
10.625
Free cash flow yield (TTM)
9.41%
Free cash flow per share (TTM)
0.194
Growth
Revenue change (TTM)
2.40%
Earnings per share change (TTM)
51.11%
3-year revenue growth (CAGR)
11.43%
3-year earnings per share growth (CAGR)
62.24%
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
Trainline showed resilience in a difficult first half: net ticket sales held at £3.3 billion, UK Consumer sales were flat, and management kept its full-year outlook. First-half EBITDA margin is expected to be slightly ahead of the 2.9% full-year target. (Stockopedia)
The business has growth options beyond UK consumer ticketing. Trainline Solutions sales rose 3%, international B2B grew 45%, France’s South-East network delivered double-digit growth, and International Consumer is expected to reach break-even this year. (Stockopedia)
Shareholder returns could support earnings per share while the market revalues the company. Trainline announced a further £100 million buyback after repurchasing £350 million of shares since 2023, while Panmure Liberum raised its EPS forecasts and said the shares traded at about seven times earnings. (Proactive Investors)
Trainline’s near-term growth is weak despite high ticket volumes. First-half underlying revenue fell 1%, UK Consumer underlying revenue dropped 5%, and International Consumer ticket sales fell 4%; the full-year revenue guidance of £440 million to £455 million is below the previous year’s £453 million at the midpoint. (Sharecast, Morningstar)
Competition in the UK could erode Trainline’s position and economics. Train operators are promoting their own online channels, Project Oval is expanding, and the planned Great British Railways platform could create a powerful government-backed alternative. (Stockopedia, Raconteur)
Trainline faces regulatory uncertainty over its booking-fee presentation. The CMA inquiry is at an early stage, but potential customer refunds could reduce cash returns and weaken the planned buyback if the investigation leads to an adverse outcome. (RTTNews, Proactive Investors)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
Trainline Financial Performance
Revenues and expenses
Trainline Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Trainline
AllGBPEURUSD
Fund name | Fund size | £TRN weighting |
|---|---|---|
Vanguard FTSE 250£VMID | £1.6B | 0.28% |
iShares FTSE 250£MIDD | £661M | 0.24% |
iShares Ageing Population€AGED | €822M | 0.08% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.06% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.06% |
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.