Triton International (TRTN-PD) Operating Expenses (2015 - 2026)

Triton International (TRTN-PD) recorded quarterly Operating Expenses of $132.5 million in Q1 2026, down 1.98% quarter-over-quarter from $135.1 million in Q4 2025, and down 20.97% on a YoY basis from $167.6 million in Q1 2025.

Triton International (TRTN-PD) Operating Expenses (2015 - 2026) Analysis & Trends

Triton International's Operating Expenses history runs 12 years deep, the most recent figure standing at $132.5 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 20.97% year-over-year to $132.5 million; the TTM figure through Mar 2026 stood at $524.6 million (down 25.67% YoY), while the FY2025 annual figure was $559.8 million, down 22.77% from the prior year.
  • Operating Expenses was $132.5 million for Q1 2026 at Triton International, down from $135.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $260.7 million in Q3 2023 to a low of $120.6 million in Q2 2025.
  • Historically, Operating Expenses has averaged $178.0 million across 5 years, with a median of $188.2 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 36.02% in 2023, then sank 36.77% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $193.9 million in 2022, then decreased by 1.41% to $191.2 million in 2023, then fell by 10.5% to $171.1 million in 2024, then decreased by 21.01% to $135.1 million in 2025, then decreased by 1.98% to $132.5 million in 2026.
  • The last three Operating Expenses figures came in at $132.5 million (Q1 2026), $135.1 million (Q4 2025), and $136.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 U-Haul Holding 10.87 Bn 10.87 Bn -42.05 Mn 848.61 Mn
2 Ryder System 10.85 Bn 10.85 Bn 3.02 Bn 3.01 Bn
3 Avis Budget 6.40 Bn 5.99 Bn - 1.42 Bn
4 Gatx 6.26 Bn 7.14 Bn 561.90 Mn 410.40 Mn
5 WillScot Holdings 5.01 Bn 5.01 Bn 285.68 Mn 234.02 Mn
6 Herc Holdings 4.93 Bn 4.89 Bn 686.00 Mn 393.00 Mn
7 Mcgrath Rentcorp 2.78 Bn 2.78 Bn 96.89 Mn 76.20 Mn
8 Custom Truck One Source 2.38 Bn 2.38 Bn 103.06 Mn 71.59 Mn
9 Vestis 1.70 Bn 1.65 Bn 173.69 Mn 632.66 Mn
10 Triton International - - 430,000.00 132.46 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 132.46 Mn
Dec 31, 2025 135.14 Mn
Sep 30, 2025 136.42 Mn
Jun 30, 2025 120.62 Mn
Mar 31, 2025 167.61 Mn
Dec 31, 2024 171.09 Mn
Sep 30, 2024 176.38 Mn
Jun 30, 2024 190.76 Mn
Mar 31, 2024 186.62 Mn
Dec 31, 2023 191.16 Mn
Sep 30, 2023 260.73 Mn
Jun 30, 2023 196.93 Mn
Mar 31, 2023 192.74 Mn
Dec 31, 2022 193.90 Mn
Sep 30, 2022 191.69 Mn
Jun 30, 2022 193.33 Mn
Mar 31, 2022 188.21 Mn
Dec 31, 2021 194.98 Mn
Sep 30, 2021 190.48 Mn
Jun 30, 2021 183.35 Mn