Triton International Limited income statement TRTN-PA

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, Triton International Limited reported revenue of $59.5 million, up 22.4% from the year before. Net income was $508.4 million, a profit margin of 854.3%. Operating income came to $817.4 million, an operating margin of 1373.5%. Across the 7 fiscal years shown, revenue grew from $16.4 million in fiscal 2016 to $59.5 million in fiscal 2025, about 23.9% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
60
+22.4%
49
143
+66.7%
86
+2.1%
84
+1.1%
83
—
16
Cost of revenue
57
+29.4%
44
109
+53.4%
71
+2.2%
69
+8.4%
64
+92.9%
33
+110.3%
16
Gross profit
2
-49.9%
4
34
+130.4%
15
+2.0%
15
-23.3%
19
+352.2%
4
+577.0%
1
Selling, general and administrative
107
+17.7%
91
89
+10.9%
81
+6.1%
76
-5.2%
80
-8.6%
88
+33.5%
66
Operating income
817
-1.1%
827
935
+45.8%
641
-8.0%
697
-7.3%
752
+37.7%
546
+210.0%
176
Interest expense
263
+1.4%
260
—
—
—
—
—
—
Other non-operating income (expense)
-0
-117.2%
0
1
-68.5%
4
+83.1%
2
+4.1%
2
-13.1%
3
+145.1%
1
Pretax income
554
-2.3%
567
581
+57.8%
368
-3.4%
381
-10.9%
427
+64.2%
260
+4561.7%
-6
Income tax
45
-6.8%
49
50
+31.7%
38
+38.8%
28
-61.0%
71
+175.7%
-93
-194220.8%
-0
Net income
508
-1.9%
518
530
+60.8%
330
-6.7%
353
-1.0%
357
+0.9%
354
+6211.1%
-6
Net income to common
446
-4.3%
466
484
+68.0%
288
-14.9%
339
-3.0%
350
+1.4%
345
+2649.4%
-14
Basic EPS
—
—
7.26
+73.7%
4.18
-8.5%
4.57
+4.3%
4.38
-3.7%
4.55
+1995.8%
-0.24
Diluted EPS
—
—
7.22
+73.6%
4.16
-8.4%
4.54
+4.4%
4.35
-3.8%
4.52
+1983.3%
-0.24
Weighted average shares, basic
—
—
67
-3.4%
69
-6.9%
74
-7.0%
80
+5.4%
76
+35.1%
56
Weighted average shares, diluted
—
—
67
-3.3%
69
-7.2%
75
-7.0%
80
+5.5%
76
+36.0%
56
Other measures
Depreciation and amortization
387
-28.6%
541
626
+15.5%
542
+1.1%
536
-1.7%
545
+8.9%
501
+27.5%
393
EBITDA
1,204
-12.0%
1,368
1,561
+31.9%
1,183
-4.0%
1,233
-4.9%
1,297
+23.9%
1,047
+84.1%
569
Interest coverage
3.10x
3.18x
—
—
—
—
—
—
Margins
Gross margin
3.61%
8.83%
23.85%
17.25%
17.27%
22.79%
—
3.76%
Operating margin
1,373.52%
1,699.63%
654.05%
747.68%
830.02%
905.84%
—
1,073.69%
Pretax margin
930.68%
1,165.78%
406.10%
429.03%
453.41%
514.59%
—
-35.53%
Profit margin
854.25%
1,065.43%
370.88%
384.45%
420.61%
429.52%
—
-35.24%
EBITDA margin
2,023.07%
2,812.91%
1,092.08%
1,379.68%
1,468.32%
1,562.32%
—
3,464.92%
Effective tax rate
8.21%
8.61%
8.67%
10.39%
7.23%
16.53%
-35.84%
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry
Services-Equipment Rental & Leasing, NEC (SIC 7359)
Listed as
TRTN-PA (NYSE), TRTN-PB (NYSE), TRTN-PC (NYSE), TRTN-PD (NYSE), TRTN-PE (NYSE), TRTN-PF (NYSE), TRTN-PG (NYSE)
Fiscal year ends
December 31
Incorporated in
Bermuda
Headquarters
Hamilton
SEC filer status
Non-accelerated filer
SEC CIK
1660734

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.