TRITON INTERNATIONAL LIMITED

TRTN-PE ·Industrials, Specialty Business Services
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017
Revenue $96.0M $147.9M $143.0M $85.8M $84.0M $83.0M $37.4M
Cost of Revenue $88.1M $131.9M $108.9M $71.0M $69.5M $64.1M $33.2M
Gross Profit $7.9M $16.0M $34.1M $14.8M $14.5M $18.9M $4.2M
Gross Margin 8.2% 10.8% 23.9% 17.3% 17.3% 22.8% 11.2%
Operating Expenses
Research & Development
SG&A Expense $88.8M $93.0M $89.3M $80.5M $75.9M $80.0M $87.6M
Operating Income $768.7M $1.04B $935.1M $641.4M $697.2M $752.2M $546.4M
Operating Margin 800.8% 706.2% 654.1% 747.7% 830.0% 905.8% 1,460.3%
Interest Expense $240.8M $226.1M $222.0M $253.0M $316.2M $322.7M $282.3M
Pretax Income $528.6M $817.7M $580.6M $368.0M $380.8M $427.3M $260.3M
Income Tax Expense $54.5M $70.8M $50.4M $38.2M $27.6M $70.6M $-93.3M
Net Income $474.1M $746.9M $530.2M $329.8M $353.3M $356.7M $353.5M
Net Margin 493.9% 505.1% 370.9% 384.4% 420.6% 429.5% 944.8%
EPS (Basic) $11.25 $7.26 $4.18 $4.57 $4.38 $4.55
EPS (Diluted) $11.19 $7.22 $4.16 $4.54 $4.35 $4.52
Shares Outstanding (Basic) 101.2M 56.4M 61.8M 66.7M 69.1M 74.2M 79.8M 75.7M
Shares Outstanding (Diluted) 101.2M 56.4M 62.1M 67.1M 69.3M 74.7M 80.4M 76.2M
Dividends Per Share $2.65 $2.36 $2.13 $2.08 $2.01 $1.80
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