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Triton International Ltd

tritoninternational.com

What Do They Do?

Leases and sells intermodal containers and chassis to shipping lines, freight forwarders, manufacturers and other users.

How Do They Make Money?

FY2025 revenue

Who Are Their Customers?

International shipping lines are the main customers; the company also leases containers to freight forwarders, manufacturers and other end users. It also sells used containers to portable storage companies, freight forwarders and other purchasers.

Customers above 10% of revenue, FY2025
of revenue from three customers (19%, 19%, 13%)
FY2024: 52% from three customers

Do Revenues Turn Into Profits?

Yes. Its net income in FY2025 was larger than its revenue.

Operating income, FY2025
1374% of revenue
▼ −1% vs FY2024 ($826.6M, 1700%)
Net income, FY2025
854% of revenue
▼ −2% vs FY2024 ($518.2M, 1065%)

How Are They Changing?

Shrinking. Revenue fell 58% in 4 years, from $143M in FY2021 to $59.5M in FY2025, about 20% a year.

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