Triton International (TRTN-PA) Gross Margin (2016 - 2026)
Triton International (TRTN-PA) recorded Gross Margin of 2.86% in Q2 2026, down 1.74 percentage points from 4.59% a year earlier but up 0.61 percentage points from the prior quarter.
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Analysis
Triton International (TRTN-PA) Gross Margin (2016 - 2026) Analysis & Trends
On a TTM basis, Triton International's Gross Margin came in at 2.57% as of Jun 30, 2026, down 3.75 percentage points year-over-year; for FY2025, it came in at 3.61%, down 5.22 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -13.64 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 8.83% in FY2024 (+0.60 pp), 8.23% in FY2023 (-2.59 pp), 10.82% in FY2022 (-13.03 pp) and 23.85% in FY2021 (+6.60 pp).
- Quarterly Gross Margin has ranged from 1.10% in Q4 2025 to 20.63% in Q3 2021 over the past five years.
- On a year-over-year basis, Gross Margin has declined for five consecutive quarters, with an average year-over-year change of -2.87 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 6.51 percentage points in Q2 2024, against a drop of 19.24 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.25% (Q1 2026), 1.10% (Q4 2025) and 3.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 333.79 Bn | 305.49 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 197.60 Bn | 192.18 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 169.21 Bn | 137.30 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 152.39 Bn | 149.57 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.22 Bn | 120.34 Bn | 2.25 Bn | 39.04% |
| 6 | Emerson Electric | 89.77 Bn | 82.51 Bn | 2.66 Bn | 54.48% |
| 7 | 3M | 84.26 Bn | 65.66 Bn | 2.68 Bn | 41.28% |
| 8 | Vertiv Holdings | 79.29 Bn | 69.91 Bn | 1.23 Bn | 37.71% |
| 9 | Illinois Tool Works | 77.45 Bn | 74.01 Bn | 1.90 Bn | 44.13% |
| 10 | Triton International | 1.39 Bn | 1.18 Bn | 622,000.00 | 2.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.86% |
| Mar 31, 2026 | 2.25% |
| Dec 31, 2025 | 1.10% |
| Sep 30, 2025 | 3.81% |
| Jun 30, 2025 | 4.59% |
| Mar 31, 2025 | 4.99% |
| Dec 31, 2024 | 7.25% |
| Sep 30, 2024 | 9.16% |
| Jun 30, 2024 | 13.76% |
| Mar 31, 2024 | 3.72% |
| Dec 31, 2023 | 2.64% |
| Sep 30, 2023 | 12.88% |
| Jun 30, 2023 | 7.24% |
| Mar 31, 2023 | 5.60% |
| Dec 31, 2022 | 8.54% |
| Sep 30, 2022 | 8.22% |
| Jun 30, 2022 | 13.31% |
| Mar 31, 2022 | 12.14% |
| Dec 31, 2021 | 15.39% |
| Sep 30, 2021 | 20.63% |
API Access
Triton International Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TRTN-PA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TRTN-PA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TRTN-PA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();