$49 per month*
.
Subscribe to Pro or Enterprise plans to unlock this feature.
Subscribe to Pro or Enterprise plans to unlock this feature.
Become a smarter investor today.
Become a smarter investor today.
This statistic highlights Triton International’s Revenue by Segment, split across Equipment leasing and Equipment trading, reported quarterly from Q1 2016 onwards.
Segment | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Revenue mix by Q1 2023 |
Equipment leasing | $413.69 | $417.66 | $420.69 | $413.83 | $395.85 | 99.50% |
Equipment trading | $3.40 | $3.95 | $3.99 | $2.47 | $1.87 | 0.50% |
Total | $417.09 | $421.61 | $424.68 | $416.31 | $397.72 | 100.00% |
(All figures are in millions, except percentages)
Earlier in Q1 2022, the company had total revenue of $417.09 million, earning from all segments (Equipment leasing, Equipment trading). During the next year’s Q1 2023, company revenue from the segment declined to $397.72 million. This shows that on a year-on-year basis, the company’s revenue drops by 4.64%.
Equipment Leasing
The company’s equipment leasing operations involve the purchase, leasing, re-leasing, and eventual selling of various types of intermodal transportation equipment, notably intermodal containers.
Equipment leasing revenue has the highest contribution of 99.5% in revenue by Segment. The revenue in Q1 2022 was $413.69 million, while in Q1 2023, it was $395.85 million, a decrease of 4.31% on a year-on-year basis. Revenue from Equipment leasing decreased from $413.83 million in Q4 2022 to $395.85 million in Q1 2023, representing a decline of 4.35% on a quarter-on-quarter basis.
Equipment Trading
In equipment trading, the company buys containers from shipping line clients and other container sellers and then resells them to container retailers and users for storage or one-way shipments.
Revenue from the equipment trading sector makes up about 0.5% of total revenue. The revenue decreased by 45% year over year from Q1 2022’s $3.4 million to Q1 2023’s $1.87 million. From Q4 2022 to Q1 2023, revenue from equipment trade dropped from $2.47 million to $1.87 million, a fall of 24.3% from one quarter to the next.
About Triton International Limited
Triton International operates globally, providing services to clients in essential ports and centers for global trade. The company is able to play a crucial role in facilitating international transactions and logistics because of its sizable container fleet and proficiency in container and chassis leasing.
Additionally, Triton offers lease options for chassis. The wheeled undercarriages known as chassis are used to support and move containers across land. Triton gives its clients a complete solution by providing chassis rental, enabling them to move freight without any problems from port to destination.
Triton Container International Limited and TAL International Group, Inc. merged to form Triton International in 2016. Hamilton, Bermuda serves as the company’s headquarters.
Did you like Triton International’s Revenue by Segment statistic?
Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.
You can get started here.
Always know what you’ll pay. No hidden costs or surprises.
* Billed annually, local taxes extra.
* Local taxes extra.
.