TRTN - Triton International Ltd-Bermuda Stock Price, Fair Value and News

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TRTN Stock Price

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TRTN RSI Chart

TRTN Valuation

Market Cap

8.4B

Price/Earnings (Trailing)

19.19

Price/Sales (Trailing)

5.52

EV/EBITDA

6.32

Price/Free Cashflow

7.59

TRTN Price/Sales (Trailing)

TRTN Profitability

EBT Margin

33.22%

Return on Equity

15.2%

Return on Assets

3.95%

Free Cashflow Yield

13.18%

TRTN Fundamentals

TRTN Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

-6.65%

Rev. Growth (Qtr)

-0.89%

TRTN Earnings

Earnings (TTM)

436.8M

Earnings Growth (Yr)

-24.9%

Earnings Growth (Qtr)

-0.26%

Breaking Down TRTN Revenue

Last 7 days

-0.1%

Last 30 days

-0.3%

Last 90 days

-0.2%

Trailing 12 Months

41.3%

How does TRTN drawdown profile look like?

TRTN Financial Health

TRTN Investor Care

Dividend Yield

3.38%

Dividend/Share (TTM)

2.8

Shares Dilution (1Y)

83.72%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.5B	0	0	0
2023	1.7B	1.6B	1.6B	1.5B
2022	1.6B	1.7B	1.7B	1.7B
2021	1.3B	1.4B	1.5B	1.5B
2020	1.3B	1.3B	1.3B	1.3B
2019	1.4B	1.4B	1.4B	1.3B
2018	1.2B	1.3B	1.3B	1.4B
2017	931.3M	1.1B	1.1B	1.2B
2016	690.7M	670.1M	742.1M	828.7M
2015	707.4M	707.5M	707.7M	707.8M
2014	0	0	0	707.2M

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Tracking the Latest Insider Buys and Sells of Triton International Ltd-Bermuda

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Sep 28, 2023	ramdev niharika	back to issuer	-	-	-3,947	-
Sep 28, 2023	pearl michael s	sold	-	-	-2,250	svp and cfo
Sep 28, 2023	alspaugh robert w	back to issuer	-	-	-17,143	-
Sep 28, 2023	vernon simon r	back to issuer	-	-	-141,410	-
Sep 28, 2023	sondey brian	sold	-	-	-155,000	chairman, ceo
Sep 28, 2023	valentine kevin	back to issuer	-	-	-62,521	svp, triton container sales
Sep 28, 2023	heiss carla l.	back to issuer	-	-	-41,068	svp, general counsel
Sep 28, 2023	gallagher michelle	back to issuer	-	-	-11,985	svp, chief accounting officer
Sep 28, 2023	bexiga annabelle g	back to issuer	-	-	-9,159	-
Sep 28, 2023	sondey brian	back to issuer	-	-	-513,569	chairman, ceo

Which funds bought or sold TRTN recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Uniplan Investment Counsel, Inc.	new	-	2,322,000	2,322,000	0.18%
Feb 14, 2024	PUTNAM INVESTMENTS LLC	sold off	-100	-2,495,500	-	-%
Jan 29, 2024	EMC Capital Management	sold off	-100	-596,000	-	-%
Jan 09, 2024	IFP Advisors, Inc	sold off	-100	-1,434	-	-%
Jan 02, 2024	VIRGINIA RETIREMENT SYSTEMS ET AL	sold off	-100	-848,669	-	-%
Nov 14, 2023	Quantamental Technologies LLC	sold off	-100	-411,804	-	-%
Nov 08, 2023	FIRST REPUBLIC INVESTMENT MANAGEMENT, INC.	sold off	-100	-388,824	-	-%
Aug 10, 2023	PICTET ASSET MANAGEMENT SA	reduced	-8.26	96,243	558,508	-%
Aug 09, 2023	Kalos Management, Inc.	sold off	-100	-20,926	-	-%
Apr 24, 2023	Ahrens Investment Partners LLC	new	-	47,971	47,971	0.02%

Are Funds Buying or Selling TRTN?

Are funds buying TRTN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TRTN

No. of Funds

Unveiling Triton International Ltd-Bermuda's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	dimensional fund advisors lp	0.0%	0	SC 13G/A
Oct 10, 2023	millennium management llc	0.0%	0	SC 13G
Oct 10, 2023	brookfield corp /on/	100%	101,158,891	SC 13D
Feb 10, 2023	dimensional fund advisors lp	7.8%	4,586,822	SC 13G/A
Feb 09, 2023	vanguard group inc	13.36%	7,860,482	SC 13G/A
Jan 31, 2023	blackrock inc.	7.1%	4,149,745	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	6.6%	4,411,247	SC 13G/A
Feb 03, 2022	blackrock inc.	7.0%	4,686,436	SC 13G/A
Jun 09, 2021	wellington management group llp	4.04%	2,723,344	SC 13G/A
Mar 10, 2021	vanguard group inc	10.13%	6,814,054	SC 13G/A

Recent SEC filings of Triton International Ltd-Bermuda

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Mar 01, 2024	8-K	Current Report
Feb 29, 2024	10-K	Annual Report
Feb 09, 2024	SC 13G/A	Major Ownership Report

Triton International Ltd-Bermuda News

Latest updates

Triton International Ltd-Bermuda Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.9%	371	375	385	387	398	416	425	422	417	417	400	370	347	337	328	321	321	331	337	339	341
Gross Profit	-7.6%	0.00	0.00	5.00	2.00	1.00	2.00	4.00	6.00	4.00	6.00	9.00	11.00	8.00	7.00	4.00	2.00	2.00	2.00	4.00	4.00	4.00
Costs and Expenses	-2.4%	187	191	261	197	193	194	192	193	188	195	190	183	171	172	184	184	179	176	172	174	169
S&GA Expenses	-100.0%	-	19.00	24.00	23.00	23.00	24.00	23.00	25.00	21.00	24.00	21.00	23.00	21.00	19.00	21.00	20.00	19.00	19.00	18.00	20.00	18.00
EBITDA Margin	-0.8%	0.86*	0.87*	0.89*	0.96*	0.98*	1.00*	1.01*	0.99*	0.94*	0.93*	0.92*	0.90*	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.9%	61.00	65.00	60.00	57.00	59.00	60.00	57.00	55.00	55.00	53.00	55.00	60.00	55.00	54.00	63.00	67.00	69.00	73.00	77.00	82.00	84.00
Income Taxes	-19.0%	13.00	16.00	11.00	14.00	13.00	24.00	17.00	16.00	14.00	12.00	13.00	14.00	12.00	10.00	16.00	7.00	6.00	7.00	5.00	8.00	8.00
Earnings Before Taxes	7.6%	138	129	81.00	156	163	190	206	214	208	203	148	79.00	152	136	72.00	77.00	83.00	91.00	95.00	94.00	101
EBT Margin	-3.0%	0.33*	0.34*	0.37*	0.44*	0.47*	0.49*	0.49*	0.47*	0.40*	0.38*	0.35*	0.32*	-	-	-	-	-	-	-	-	-
Net Income	-0.3%	113	113	70.00	142	150	165	190	198	194	190	135	65.00	140	115	56.00	71.00	77.00	77.00	86.00	84.00	92.00
Net Income Margin	-6.3%	0.29*	0.31*	0.33*	0.40*	0.42*	0.44*	0.46*	0.43*	0.36*	0.35*	0.31*	0.27*	-	-	-	-	-	-	-	-	-
Free Cashflow	-10.4%	258	287	255	305	303	447	401	639	399	418	374	312	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.6%	11,049	11,233	11,470	11,707	11,901	12,109	12,384	12,530	12,535	12,644	12,202	11,335	10,491	9,713	9,625	9,682	9,874	9,643	9,802	9,996	10,110
Cash Equivalents	75.5%	101	58.00	55.00	55.00	93.00	83.00	167	180	193	231	209	205	386	152	337	351	521	169	158	160	177
Goodwill	0%	237	237	237	237	237	237	237	237	237	237	237	237	237	237	237	237	237	237	237	237	237
Liabilities	-1.4%	8,176	8,296	8,585	8,437	8,743	8,905	9,110	9,255	9,334	9,579	9,223	8,608	7,767	7,147	7,106	7,173	7,324	7,110	7,494	7,659	7,822
Shareholder's Equity	-2.2%	2,873	2,937	2,885	3,270	3,158	3,204	3,274	3,274	3,201	3,065	2,979	2,727	2,724	2,566	2,519	2,509	2,550	2,532	2,308	2,337	2,289
Retained Earnings	-3.6%	2,340	2,429	2,329	2,720	2,629	2,532	2,420	2,283	2,140	2,001	1,867	1,782	1,765	1,675	1,598	1,588	1,564	1,534	1,494	1,446	1,400
Additional Paid-In Capital	0.3%	-307	-308	-308	909	907	910	908	905	901	904	902	906	903	905	903	901	897	903	907	910	906
Shares Outstanding	-	-	-	-	55.00	56.00	62.00	63.00	63.00	65.00	67.00	67.00	67.00	67.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	3,203	-	-	-	2,419	-	-	-	2,508	-	-	-	1,723	-	-	-	1,765	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-10.4%	257,517	287,254	255,345	304,792	302,817	446,606	400,807	638,785	398,670	418,245	373,600	312,331	300,988	261,411	265,772	218,609	197,960	282,399	277,693	206,083	295,731
Share Based Compensation	18100.0%	900	-5.00	2,525	2,567	2,213	3,098	3,167	3,691	2,556	2,106	2,249	3,295	1,715	1,977	2,058	4,256	1,605	1,685	1,800	3,700	1,818
Cashflow From Investing	-34.3%	15,216	23,152	60,339	8,537	52,263	25,732	-49,087	-169,720	-453,888	-590,509	-1,026,785	-1,074,408	-525,684	-317,228	-53,761	-104,904	-13,124	-25,990	45,783	-49,505	5,992
Cashflow From Financing	-2.8%	-320,578	-311,927	-322,921	-351,202	-345,532	-453,047	-364,807	-482,360	18,080	193,433	657,678	580,617	459,036	-128,930	-226,151	-283,404	166,774	-245,553	-325,745	-173,512	-283,943
Dividend Payments	9999900.0%	200,000	2.00	38,343	38,342	38,867	40,023	39,273	40,928	41,950	42,828	38,167	38,164	38,153	38,055	35,457	35,854	37,110	37,342	37,559	38,533	40,427
Buy Backs	-	-	-	323	-	5,480	-	-	-	5,629	-	-	-	4,146	-	-	-	2,156	-	4,688	-	978

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TRTN Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Leasing revenues:
Operating leases	$ 346,216	$ 370,348
Finance leases	25,069	27,375
Total leasing revenues	371,285	397,723
Equipment trading revenues	10,146	19,102
Equipment trading expenses	(9,769)	(18,033)
Trading margin	377	1,069
Net gain on sale of leasing equipment	14,622	15,500
Operating expenses:
Depreciation and amortization	136,081	148,435
Direct operating expenses	22,747	23,241
Administrative expenses	21,809	22,864
Transaction and other costs	5,512	0
Provision (reversal) for doubtful accounts	466	(1,797)
Total operating expenses	186,615	192,743
Operating income (loss)	199,669	221,549
Other (income) expenses:
Interest and debt expense	61,452	58,824
Unrealized (gain) loss on derivative instruments, net	46	(4)
Other (income) expense, net	(179)	(44)
Total other (income) expenses	61,319	58,776
Income (loss) before income taxes	138,350	162,773
Income tax expense (benefit)	12,807	12,960
Net income (loss)	125,543	149,813
Less: dividends on preferred shares	13,028	13,028
Net income (loss) attributable to common shareholder	$ 112,515	$ 136,785

TRTN Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS:
Leasing equipment, net of accumulated depreciation of $4,560,397 and $4,482,185	$ 8,647,610	$ 8,768,917
Net investment in finance leases	1,484,639	1,507,292
Equipment held for sale	166,212	185,502
Revenue earning assets	10,298,461	10,461,711
Cash and cash equivalents	51,736	57,776
Restricted cash	49,645	91,450
Accounts receivable, net of allowances of $969 and $738	249,734	243,443
Goodwill	236,665	236,665
Lease intangibles, net of accumulated amortization of $297,148 and $296,494	1,309	1,963
Other assets	41,138	44,254
Fair value of derivative instruments	120,174	95,606
Total assets	11,048,862	11,232,868
LIABILITIES AND SHAREHOLDERS' EQUITY:
Equipment purchases payable	32,620	31,597
Fair value of derivative instruments	1,625	1,827
Deferred revenue	242,345	259,023
Accounts payable and other accrued expenses	115,276	116,888
Net deferred income tax liability	416,126	415,901
Debt, net of unamortized costs of $43,504 and $43,924	7,367,932	7,470,634
Total liabilities	8,175,924	8,295,870
Shareholders' equity:
Undesignated shares, $0.01 par value, 800,000 shares authorized, no shares issued and outstanding	0	0
Additional paid-in capital (deficit)	(307,294)	(308,114)
Accumulated earnings	2,340,133	2,428,531
Accumulated other comprehensive income (loss)	109,087	85,569
Total shareholders' equity	2,872,938	2,936,998
Total liabilities and shareholders' equity	11,048,862	11,232,868
Preferred Shares
Shareholders' equity:
Preferred shares, $0.01 par value, at liquidation preference	730,000	730,000
Designated Common Stock
Shareholders' equity:
Common shares, $0.01 par value, 270,000,000 shares authorized, 101,158,891 shares issued and outstanding	$ 1,012	$ 1,012

About Triton International Ltd-Bermuda

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal containers and chassis to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry, refrigerated, special, and tank containers; and chassis used for the transportation of containers, as well as provides maritime container management services. As of December 31, 2022, its total fleet consisted of 4.2 million containers and chassis representing 7.2 million twenty-foot equivalent units or 7.9 million cost equivalent units. The company also purchases containers from container manufacturers, shipping line customers, and other sellers, as well as resells these containers to container retailers and users. It operates in Asia, Europe, the Americas, Bermuda, and internationally. The company was founded in 1980 and is based in Hamilton, Bermuda.

CEO	Mr. Brian M. Sondey
WEBSITE	tritoninternational.com
INDUSTRY	Information Technology Services
EMPLOYEES	244

Triton International Ltd-Bermuda Frequently Asked Questions

What is the ticker symbol for Triton International Ltd-Bermuda? What does TRTN stand for in stocks?

TRTN is the stock ticker symbol of Triton International Ltd-Bermuda. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Triton International Ltd-Bermuda (TRTN)?

As of Tue Apr 30 2024, market cap of Triton International Ltd-Bermuda is 8.38 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TRTN stock?

You can check TRTN's fair value in chart for subscribers.

What is the fair value of TRTN stock?

You can check TRTN's fair value in chart for subscribers. The fair value of Triton International Ltd-Bermuda is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Triton International Ltd-Bermuda is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TRTN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Triton International Ltd-Bermuda a good stock to buy?

The fair value guage provides a quick view whether TRTN is over valued or under valued. Whether Triton International Ltd-Bermuda is cheap or expensive depends on the assumptions which impact Triton International Ltd-Bermuda's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TRTN.

What is Triton International Ltd-Bermuda's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 30 2024, TRTN's PE ratio (Price to Earnings) is 19.19 and Price to Sales (PS) ratio is 5.52. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TRTN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Triton International Ltd-Bermuda's stock?

In the past 10 years, Triton International Ltd-Bermuda has provided 0.1 (multiply by 100 for percentage) rate of return.