Triton International Ltd (TRTNPE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
VICTORIA PLACE, 5TH FLOOR HAMILTON, HM 10 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7359 - Equipment Rental and Leasing, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q3 | 3/31/2024 Q3 | 12/31/2023 Q1 | 9/30/2023 Q3 | 6/30/2023 Q1 | 3/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 42,067 | 51,736 | 57,776 | 55,000 | 55,251 | 92,825 | |||
| Cash and cash equivalents | 42,067 | 51,736 | 57,776 | 55,000 | 55,251 | 92,825 | |||
| Asset, held-for-sale, not part of disposal group | 127,719 | 166,212 | 185,502 | 189,614 | 195,763 | 178,327 | |||
| Total current assets: | 169,786 | 217,948 | 243,278 | 244,614 | 251,014 | 271,152 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 8,504,236 | 8,647,610 | 8,768,917 | 8,908,586 | 9,131,457 | 9,290,628 | |||
| Operating lease, right-of-use asset | 10,411 | 10,130 | 10,093 | 10,158 | 2,605 | 2,461 | |||
| Intangible assets, net (including goodwill) | (60,484) | (59,174) | (57,866) | (56,114) | (53,714) | (51,246) | |||
| Goodwill | 236,665 | 236,665 | 236,665 | 236,665 | 236,665 | 236,665 | |||
| Intangible assets, net (excluding goodwill) | (297,149) | (295,839) | (294,531) | (292,779) | (290,379) | (287,911) | |||
| Total noncurrent assets: | 8,454,163 | 8,598,566 | 8,721,144 | 8,862,630 | 9,080,348 | 9,241,843 | |||
| Other undisclosed assets | 2,387,760 | 2,232,348 | 2,268,446 | 2,362,954 | 2,375,459 | 2,388,200 | |||
| TOTAL ASSETS: | 11,011,709 | 11,048,862 | 11,232,868 | 11,470,198 | 11,706,821 | 11,901,195 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 99 | ||||||||
| Accrued liabilities | 99 | ||||||||
| Total current liabilities: | 99 | ||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 415,382 | 416,126 | 415,901 | 409,052 | 415,826 | 412,583 | |||
| Deferred income tax liabilities | 415,382 | 416,126 | 415,901 | 409,052 | 415,826 | 412,583 | |||
| Total noncurrent liabilities: | 415,382 | 416,126 | 415,901 | 409,052 | 415,826 | 412,583 | |||
| Other undisclosed liabilities | 7,661,583 | 7,759,798 | 7,879,870 | 8,175,797 | 8,021,103 | 8,330,852 | |||
| Total liabilities: | 8,076,965 | 8,175,924 | 8,295,870 | 8,584,849 | 8,436,929 | 8,743,435 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,203,732 | 2,141,926 | 2,936,998 | 2,154,337 | 2,539,078 | 2,426,946 | |||
| Treasury stock, value | (1,203,220) | (1,194,519) | |||||||
| Additional paid in capital | (306,474) | (307,294) | (308,114) | (308,114) | 909,211 | 906,644 | |||
| Accumulated other comprehensive income | 109,657 | 109,087 | 85,569 | 133,150 | 113,531 | 85,322 | |||
| Retained earnings | 2,400,549 | 2,340,133 | 2,428,531 | 2,329,301 | 2,719,556 | 2,629,499 | |||
| Other undisclosed equity, attributable to parent | 731,012 | ||||||||
| Other undisclosed equity | 731,012 | 731,012 | 731,012 | 730,814 | 730,814 | ||||
| Total equity: | 2,934,744 | 2,872,938 | 2,936,998 | 2,885,349 | 3,269,892 | 3,157,760 | |||
| TOTAL LIABILITIES AND EQUITY: | 11,011,709 | 11,048,862 | 11,232,868 | 11,470,198 | 11,706,821 | 11,901,195 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q3 | 3/31/2024 Q3 | 12/31/2023 Q1 | 9/30/2023 Q3 | 6/30/2023 Q1 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 13,971 | 10,146 | 34,996 | 26,426 | 19,102 | |||
| Operating lease, lease income | 350,965 | 346,216 | 358,997 | 360,004 | 370,348 | |||
| Cost of revenue | (168,707) | (164,340) | (237,322) | (174,296) | (171,676) | |||
| Other undisclosed gross profit | 156,658 | 154,571 | 206,834 | 149,784 | 153,643 | |||
| Gross profit: | 1,922 | 377 | 4,508 | 1,914 | 1,069 | |||
| Operating expenses | (22,056) | (22,275) | (23,412) | (22,637) | (21,067) | |||
| Other undisclosed operating income | 172,164 | 221,567 | 159,897 | 233,826 | 241,547 | |||
| Operating income: | 152,030 | 199,669 | 140,993 | 213,103 | 221,549 | |||
| Nonoperating expense | (61,441) | (61,319) | (59,900) | (57,045) | (58,776) | |||
| Interest and debt expense | (61,386) | (61,452) | (60,073) | (57,314) | (58,824) | |||
| Income from continuing operations before equity method investments, income taxes: | 29,203 | 76,898 | 21,020 | 98,744 | 103,949 | |||
| Other undisclosed income from continuing operations before income taxes | 61,386 | 61,452 | 60,073 | 57,314 | 58,824 | |||
| Income from continuing operations before income taxes: | 90,589 | 138,350 | 81,093 | 156,058 | 162,773 | |||
| Income tax expense | (13,153) | (12,807) | (11,392) | (14,296) | (12,960) | |||
| Net income attributable to parent: | 77,436 | 125,543 | 69,701 | 141,762 | 149,813 | |||
| Preferred stock dividends and other adjustments | (13,028) | (13,028) | (13,028) | (13,028) | (13,028) | |||
| Net income available to common stockholders, diluted: | 64,408 | 112,515 | 56,673 | 128,734 | 136,785 | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q3 | 3/31/2024 Q3 | 12/31/2023 Q1 | 9/30/2023 Q3 | 6/30/2023 Q1 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 77,436 | 125,543 | 69,701 | 141,762 | 149,813 | |||
| Other comprehensive income (loss) | 570 | 23,518 | 19,619 | 28,209 | (23,947) | |||
| Comprehensive income, net of tax, attributable to parent: | 78,006 | 149,061 | 89,320 | 169,971 | 125,866 | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.