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Triton International Ltd (TRTN)

Triton International Ltd (TRTN)
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Triton International is the largest lessor of intermodal containers (large steel boxes that are used for transporting freight by ship/rail/truck). The company also focuses on leasing chassis, which are used for transporting containers. With a large-scale global presence, Triton International offers leasing services. The company has an in-house equipment sales group responsible for monitoring the sale of its used containers and chassis from the equipment leasing fleet. Additionally, the group buys and sells used and new containers as well as chassis acquired from third parties. Majority of the company's revenues are derived from its equipment leasing unit. Under this segment, Triton International aims at leasing its containers to shipping line customers through contractual lease arrangements that are long-term as well as short-term in nature. Apart from chasis, Triton International leases other equipments like dry freight containers, refrigerated containers, special containers and tank containers.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022
Sales 412,970 416,830 437,170 469,470 469,720
Sales Growth -0.93% -4.65% -6.88% -0.05% +4.10%
Net Income 141,760 149,810 165,210 189,840 197,620
Net Income Growth -5.37% -9.32% -12.97% -3.94% +1.73%
(Values in U.S. Thousands) Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022
Total Assets 11,706,820 11,901,200 12,109,260 12,384,340 12,529,590
Total Assets Growth -1.63% -1.72% -2.22% -1.16% -0.04%
Total Liabilities 8,436,930 8,743,440 8,904,900 9,110,420 9,255,290
Total Liabilities Growth -3.51% -1.81% -2.26% -1.57% -0.85%
(Values in U.S. Thousands) Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022 Jun, 2022
Operating Cash Flow 607,610 302,820 1,884,870 1,438,260 1,037,460
Operating Cash Flow Growth +100.65% -83.93% +31.05% +38.63% +160.23%
Net Cash Flow -28,330 9,550 -44,230 -63,520 -50,430
Change in Net Cash Flow -396.65% +121.59% +30.37% -25.96% -35.78%
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