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This statistic highlights Triton International’s Revenue Breakdown Worldwide, split across Net gain on sale of leasing equipment, Total leasing revenue, and Trading margin, reported on a quarterly basis from Q1 2016 onwards.
Segment | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Revenue mix in Q1 2023 |
Net gain on sale of leasing equipment | $28.97 | $35.07 | $26.47 | $25.16 | $15.50 | 3.7% |
Total leasing revenue | $417.09 | $421.61 | $424.68 | $416.31 | $397.72 | 96.0% |
Trading margin | $4.14 | $6.40 | $3.68 | $1.78 | $1.07 | 0.3% |
Total | $450.20 | $463.08 | $454.83 | $443.24 | $414.29 | 100.0% |
(All Figures are in millions, except percentages)
Earlier in Q1 2022, the corporation recorded total revenue of $450.20 million worldwide. In the first quarter of 2023, the company’s global revenue decreased to $414.29 million. This demonstrates an 8% year-on-year decline in the company’s revenue.
Net Gain on Sale of Leasing Equipment
In Q1 2023, the Contribution by this category to revenue is 3.7%. When compared to Q4 2022, revenue fell substantially in Q1 2023, falling by 38.39% on a quarterly basis. Revenue was $28.97 million in Q1 2022 and $15.50 million in Q4 2022, showing a decline of 46.5% year-on-year basis.
Total Leasing Revenue
Total leasing revenue has the highest contribution of 96% in revenue breakdown worldwide. The revenue in Q1 2022 was $417.09 million, while in Q1 2023, it was $397.72 million, a decrease of 4.64% on a year-on-year basis. Revenue from Total leasing decreased from $416.31 million in Q4 2022 to $397.72 million in Q1 2023, representing a decline of 4.46% on a quarter-on-quarter basis.
Trading Margin
In Q1 2023, the Contribution by Trading margin to revenue is 0.3%. When compared to Q4 2022, revenue fell substantially in Q1 2023, falling by 39.88% on a quarterly basis. Revenue was $4.14 million in Q1 2022 and $1.07 million in Q4 2022, showing a decline of 74.15% year-on-year basis.
About Triton International Limited
Triton International is a leading provider of intermodal shipping containers and chassis leasing services. The company was formed in 2016 through the merger of Triton Container International Limited and TAL International Group, Inc. Triton is headquartered in Hamilton, Bermuda.
Triton International’s main business is the purchase, leasing, and management of intermodal containers. These containers are used to move commodities via various modes, such as ships, trains, and trucks. The business has a sizable fleet of containers that are leased out to shipping lines, freight forwarders, and other transportation businesses around the world.
They have a substantial global presence, providing leasing services through a network of local offices throughout the world, and they use 46 different third-party container depots to give customers access to their containers anywhere in the world.
The most prominent container shipping lines in the world are among their principal clients. Sales, operations, equipment resale, and logistics services are all part of its global field operations.
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