profit from every £100 of sales.

Trainline
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay £8.00 for every £1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Trainline sold, what it kept, and what it did with the cash.
Sales went from £327 million in 2023 to £453 million in 2026, with £79.8 million of profit last year.
Trainline handed back more cash to shareholders than it generated last year.
Trainline vs. similar companies
Trainline grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
Trainline | 8.0× · Cheap | ||
Booking Holdings | 22.0× · Fair price | ||
Airbnb | 43.0× · Expensive | ||
Royal Caribbean Cruises | 21.0× · Fair price | ||
Carnival | 14.9× · Cheap |
AI analysis
An AI analyst reads Trainline's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of GBP | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 327 | 397 | 442 | 453 | |
| 252 | 305 | 352 | 374 | |
| 28 | 56 | 86 | 122 | |
| 74 | 98 | 132 | 167 | |
| 21 | 34 | 58 | 80 | |
| 0.04 | 0.07 | 0.13 | 0.19 | |
| 77.1% | 77.0% | 79.7% | 82.6% | |
| 8.4% | 14.0% | 19.4% | 27.0% | |
| 6.5% | 8.6% | 13.2% | 17.6% |
Balance sheet
| In millions of GBP | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 653 | 682 | 660 | 700 |
| Cash | 57 | 91 | 77 | 60 |
| Total debt | 154 | 153 | 159 | 262 |
| Total liabilities | 363 | 370 | 378 | 495 |
| 291 | 312 | 283 | 204 | |
| 473 | 479 | 461 | 417 | |
| 5.5% | 9.1% | 15.1% | 20.3% | |
| 7.3% | 10.9% | 20.6% | 39.1% |
Cash flow
| In millions of GBP | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 40 | 122 | 138 | 133 | |
| 35 | 40 | 42 | 53 | |
| 4 | 82 | 96 | 80 | |
| Dividends paid | – | – | – | – |
| 8 | 35 | 106 | 161 | |
| 17 | 23 | 21 | 13 |
Valuation
- 8.1×
- –
- 0.13
- 3.7×
- 1.4×
- 8.1×
- 5.1×
- 12.4%
- 12.4%
- –
Profitability
- 82.6%
- 27.0%
- 17.6%
- –
- 20.3%
- 12.5%
- –
- –
- –
- –
Growth
- +11.4%
- +62.2%
- –
- –
- −4.1%
Financial health
- 1.2×
- 1.28
- –
- 10.4×
- 0.63
- –
- –
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
7/7Passes 7 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Trainline
Is Trainline a good stock to buy?
A solid business, and the price looks low. 7 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Trainline AI analysis
What does Trainline do?
Trainline plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets worldwide. It operates in three segments: UK Consumer, International Consumer, and Trainline Solutions. It is in Travel Services, based in London, United Kingdom, with 990 employees.
Is Trainline stock halal?
No. Trainline does not pass our halal screen: its debt is 41% of its market value, at or above the 33% limit. How we check
How has Trainline stock done over the past year?
Down 25.2% over the past twelve months, to £1.91. It traded between £1.86 and £2.64 and is 27.7% below its high.
Who are Trainline's competitors?
The largest listed companies in the same industry are Booking Holdings, Airbnb, Royal Caribbean Cruises and Carnival. The peers table on this page compares their profit, growth and price with Trainline's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



