Triton International (TRTN-PF) Gross Margin (2016 - 2026)
Triton International (TRTN-PF) recorded quarterly Gross Margin of 2.25% in Q1 2026, up 104.27% quarter-over-quarter from 1.1% in Q4 2025, and down 273.0% on a YoY basis from 1.3% in Q1 2025.
Triton International (TRTN-PF) Gross Margin (2016 - 2026) Analysis & Trends
Triton International's Gross Margin history runs 11 years deep, the most recent figure standing at 2.25% for Q1 2026.
- In Q1 2026, Gross Margin fell 273.0% year-over-year to 2.25%; the TTM figure through Mar 2026 stood at 2.98% (down 597.0% YoY), while the FY2025 annual figure was 3.61%, down 522.0% from the prior year.
- Gross Margin was 2.25% for Q1 2026 at Triton International, up from 1.1% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 13.76% in Q2 2024 to a low of 1.1% in Q4 2025.
- Historically, Gross Margin has averaged 7.13% across 5 years, with a median of 7.24% in 2023.
- The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 1924 bps in 2022, then surged 651 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 8.54% in 2022, then plunged by 69 bps to 2.64% in 2023, then soared by 175 bps to 7.25% in 2024, then sank by 85 bps to 1.1% in 2025, then soared by 104 bps to 2.25% in 2026.
- The last three Gross Margin figures came in at 2.25% (Q1 2026), 1.1% (Q4 2025), and 3.81% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.87 Bn | 10.87 Bn | -42.05 Mn | -476.96% |
| 2 | Ryder System | 10.85 Bn | 10.85 Bn | 3.02 Bn | 96.67% |
| 3 | Avis Budget | 6.40 Bn | 5.99 Bn | - | - |
| 4 | Gatx | 6.26 Bn | 7.14 Bn | 561.90 Mn | 96.27% |
| 5 | WillScot Holdings | 5.01 Bn | 5.01 Bn | 285.68 Mn | 52.07% |
| 6 | Herc Holdings | 4.93 Bn | 4.89 Bn | 686.00 Mn | 60.23% |
| 7 | Mcgrath Rentcorp | 2.78 Bn | 2.78 Bn | 96.89 Mn | 48.80% |
| 8 | Custom Truck One Source | 2.38 Bn | 2.38 Bn | 103.06 Mn | 22.33% |
| 9 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 26.34% |
| 10 | Triton International | - | - | 430,000.00 | 2.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 32.32% |