Loading...

We've got a brand new version of Simply Wall St! Try it out

Triton International

NYSE:TRTN
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TRTN
NYSE
$3B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment to shipping lines, and freight forwarding companies and manufacturers. The last earnings update was 41 days ago. More info.


Add to Portfolio Compare Print
TRTN Share Price and Events
7 Day Returns
-3.8%
NYSE:TRTN
-3%
US Trade Distributors
-1.6%
US Market
1 Year Returns
10.6%
NYSE:TRTN
13.7%
US Trade Distributors
13.9%
US Market
TRTN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Triton International (TRTN) -3.8% -1.3% 12.9% 10.6% 88% -
US Trade Distributors -3% -1.4% 13.4% 13.7% 20.2% 25.3%
US Market -1.6% 1% 4.9% 13.9% 36.1% 45.8%
1 Year Return vs Industry and Market
  • TRTN underperformed the Trade Distributors industry which returned 13.7% over the past year.
  • TRTN underperformed the Market in United States of America which returned 13.9% over the past year.
Price Volatility
TRTN
Industry
5yr Volatility vs Market

TRTN Value

 Is Triton International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Triton International to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Triton International.

NYSE:TRTN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in USD $ 2.1814285714286
Payout Ratio Company Filings (2019-09-30) 4564%
Discount Rate (Cost of Equity) See below 11.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:TRTN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 6.5%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.936 (1 + (1- 21%) (267.12%))
1.447
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.45
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.447 * 6.51%)
11.16%

Discounted Cash Flow Calculation for NYSE:TRTN using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Triton International is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NYSE:TRTN Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $2.18 / (11.16% - 1.74%)
$23.16
NYSE:TRTN Discount to Share Price
Calculation Result
Value per share (USD) From above. $23.16
Current discount Discount to share price of $36.92
= -1 x ($36.92 - $23.16) / $23.16
-59.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Triton International is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Triton International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Triton International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:TRTN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $4.36
NYSE:TRTN Share Price ** NYSE (2019-12-04) in USD $36.92
United States of America Trade Distributors Industry PE Ratio Median Figure of 41 Publicly-Listed Trade Distributors Companies 16.95x
United States of America Market PE Ratio Median Figure of 2,925 Publicly-Listed Companies 18.13x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Triton International.

NYSE:TRTN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:TRTN Share Price ÷ EPS (both in USD)

= 36.92 ÷ 4.36

8.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Triton International is good value based on earnings compared to the US Trade Distributors industry average.
  • Triton International is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Triton International's expected growth come at a high price?
Raw Data
NYSE:TRTN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
-0.7%per year
United States of America Trade Distributors Industry PEG Ratio Median Figure of 33 Publicly-Listed Trade Distributors Companies 1.01x
United States of America Market PEG Ratio Median Figure of 2,046 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

NYSE:TRTN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.47x ÷ -0.7%

-11.75x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Triton International earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Triton International's assets?
Raw Data
NYSE:TRTN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $28.65
NYSE:TRTN Share Price * NYSE (2019-12-04) in USD $36.92
United States of America Trade Distributors Industry PB Ratio Median Figure of 51 Publicly-Listed Trade Distributors Companies 1.58x
United States of America Market PB Ratio Median Figure of 5,089 Publicly-Listed Companies 1.76x
NYSE:TRTN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:TRTN Share Price ÷ Book Value per Share (both in USD)

= 36.92 ÷ 28.65

1.29x

* Primary Listing of Triton International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Triton International is good value based on assets compared to the US Trade Distributors industry average.
X
Value checks
We assess Triton International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Triton International has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TRTN Future Performance

 How is Triton International expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Triton International expected to grow at an attractive rate?
  • Triton International's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Triton International's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Triton International's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:TRTN Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:TRTN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts -0.7%
NYSE:TRTN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 0.2%
United States of America Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
United States of America Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:TRTN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:TRTN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,440 356 1
2020-12-31 1,320 944 323 5
2019-12-31 1,349 953 345 5
2019-12-05
NYSE:TRTN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 1,420 945 331
2019-06-30 1,436 976 340
2019-03-31 1,430 979 361
2018-12-31 1,405 930 350
2018-09-30 1,361 996 487
2018-06-30 1,312 905 450
2018-03-31 1,260 890 391
2017-12-31 1,204 807 345
2017-09-30 1,133 721 160
2017-06-30 1,055 652 52
2017-03-31 919 540 12
2016-12-31 809 484 -14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Triton International's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Triton International's revenue is expected to grow by 0.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:TRTN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Triton International Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:TRTN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 5.20 5.20 5.20 1.00
2020-12-31 4.54 4.65 4.47 4.00
2019-12-31 4.58 4.61 4.56 4.00
2019-12-05
NYSE:TRTN Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 4.36
2019-06-30 4.36
2019-03-31 4.55
2018-12-31 4.38
2018-09-30 6.09
2018-06-30 5.71
2018-03-31 5.06
2017-12-31 4.55
2017-09-30 2.16
2017-06-30 0.71
2017-03-31 0.19
2016-12-31 -0.24

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Triton International is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Triton International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Triton International has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TRTN Past Performance

  How has Triton International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Triton International's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Triton International has delivered over 20% year on year earnings growth in the past 5 years.
  • Triton International's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Triton International's 1-year earnings growth is negative, it can't be compared to the US Trade Distributors industry average.
Earnings and Revenue History
Triton International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Triton International Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:TRTN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,419.99 331.44 76.13
2019-06-30 1,435.92 339.78 78.16
2019-03-31 1,430.21 360.58 78.37
2018-12-31 1,404.60 349.56 79.80
2018-09-30 1,360.82 487.16 84.29
2018-06-30 1,311.63 450.08 85.66
2018-03-31 1,259.66 390.88 86.90
2017-12-31 1,203.51 344.60 90.96
2017-09-30 1,133.48 160.22 89.10
2017-06-30 1,055.44 51.85 106.91
2017-03-31 918.93 12.35 98.07
2016-12-31 808.97 -13.52 88.92
2016-09-30 725.24 -23.48 78.84
2016-06-30 662.00 48.89 51.19
2016-03-31 688.32 81.28 51.87
2015-12-31 709.85 111.09 51.28
2015-09-30 718.82 142.86 60.92
2014-12-31 738.83 149.47 56.98
2013-12-31 703.36 194.10 83.88
2012-12-31 702.98 265.32 80.15

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Triton International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Triton International used its assets more efficiently than the US Trade Distributors industry average last year based on Return on Assets.
  • Triton International has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Triton International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Triton International has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TRTN Health

 How is Triton International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Triton International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Triton International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Triton International's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Triton International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Triton International Company Filings, last reported 2 months ago.

NYSE:TRTN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 2,307.98 7,061.31 47.72
2019-06-30 2,336.61 7,258.97 47.30
2019-03-31 2,288.60 7,384.21 65.35
2018-12-31 2,325.21 7,464.87 62.87
2018-09-30 2,384.15 7,473.67 110.46
2018-06-30 2,332.26 7,282.06 77.61
2018-03-31 2,264.77 6,952.82 140.93
2017-12-31 2,209.83 6,810.82 139.41
2017-09-30 2,035.68 6,799.24 150.10
2017-06-30 1,821.30 6,756.63 176.26
2017-03-31 1,813.22 6,484.81 143.34
2016-12-31 1,806.74 6,362.85 118.94
2016-09-30 1,788.90 6,354.73 129.12
2016-06-30 1,383.52 3,027.88 89.79
2016-03-31 0.01 0.00
2015-12-31 1,377.83 3,167.16 58.84
2015-09-30 1,377.95 3,295.06 61.75
2014-12-31 1,297.01 3,389.46 70.89
2013-12-31 1,360.98 2,980.40 75.79
2012-12-31
  • Triton International's level of debt (305.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (250.4% vs 305.6% today).
  • Debt is not well covered by operating cash flow (13.4%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Triton International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Triton International has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TRTN Dividends

 What is Triton International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.63%
Current annual income from Triton International dividends. Estimated to be 5.91% next year.
If you bought $2,000 of Triton International shares you are expected to receive $113 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Triton International's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Triton International's dividend is above the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:TRTN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1957 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:TRTN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 2.52 1.00
2020-12-31 2.17 3.00
2019-12-31 2.08 3.00
2019-12-05
NYSE:TRTN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-07-25 2.080 6.078
2019-04-30 2.080 6.550
2019-02-19 2.080 6.451
2019-02-14 2.080 6.237
2018-11-06 2.080 6.218
2018-11-02 2.080 6.011
2018-05-14 2.080 6.136
2018-02-22 1.800 5.819
2017-08-08 1.800 4.968
2017-03-07 1.800 6.131
2016-11-15 1.800 8.718
2016-11-14 1.800 10.598
2016-11-10 1.800 11.709
2016-08-15 1.800 13.331
2016-08-11 1.800 11.852

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Triton International has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Triton International only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of Triton International's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).
X
Income/ dividend checks
We assess Triton International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Triton International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Triton International has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TRTN Management

 What is the CEO of Triton International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brian Sondey
COMPENSATION $4,473,327
AGE 52
TENURE AS CEO 3.4 years
CEO Bio

Mr. Brian M. Sondey has been the Chairman of the Board and Chief Executive Officer of Triton International Limited since July 12, 2016. Mr. Sondey serves as the Chief Executive Officer at TAL International Container Corporation and has been its President since September 1999. Mr. Sondey has particular knowledge and experience in a variety of areas including corporate finance, intermodal equipment leasing, logistics, marketing, people management and strategic planning and strengthens the Holdco Board’s collective knowledge, capabilities and experience. He served as the Chief Executive Officer and President at TAL International Group, Inc. He served as Director of Corporate Development of Transamerica Corporation since joining in April 1996, a former parent of Tal International Group, Inc. He served as Senior Vice President of Business Development of TAL International Corporation since November 1998. Mr. Sondey served as Management Consultant with the Boston Consulting Group. He served as a Mergers & Acquisitions Associate of J.P. Morgan. He served as the Chairman of TAL International Group, Inc. and served as its Director since November 2004. He serves as a Director of Triton International Limited since July 12, 2016. Mr. Sondey holds an MBA from The Stanford Graduate School of Business and a BA degree in Economics from Amherst College.

CEO Compensation
  • Brian's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Brian's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Triton International management team in years:

3.4
Average Tenure
55.5
Average Age
  • The tenure for the Triton International management team is about average.
Management Team

Brian Sondey

TITLE
Chairman & CEO
COMPENSATION
$4M
AGE
52
TENURE
3.4 yrs

John Burns

TITLE
Senior VP & CFO
COMPENSATION
$1M
AGE
58
TENURE
3.4 yrs

John O'Callaghan

TITLE
Executive VP and Global Head of Field Marketing & Operations
COMPENSATION
$1M
AGE
58
TENURE
3.4 yrs

Kevin Valentine

TITLE
Senior Vice President of Triton Container Sales
COMPENSATION
$1M
AGE
53

Michelle Gallagher

TITLE
Principal Accounting Officer

Andrew Greenberg

TITLE
Senior Vice President of Finance & Investor Relations

Carla Heiss

TITLE
Senior VP
Board of Directors Tenure

Average tenure and age of the Triton International board of directors in years:

3.4
Average Tenure
58.5
Average Age
  • The tenure for the Triton International board of directors is about average.
Board of Directors

Brian Sondey

TITLE
Chairman & CEO
COMPENSATION
$4M
AGE
52
TENURE
3.4 yrs

Bob Alspaugh

TITLE
Independent Director
COMPENSATION
$247K
AGE
72
TENURE
7.9 yrs

Claude Germain

TITLE
Independent Director
COMPENSATION
$252K
AGE
52
TENURE
3.4 yrs

Rob Rosner

TITLE
Lead Independent Director
COMPENSATION
$252K
AGE
59

Simon Vernon

TITLE
Director
COMPENSATION
$4M
AGE
60
TENURE
3.4 yrs

Malcolm Baker

TITLE
Independent Director
COMPENSATION
$232K
AGE
50
TENURE
3.4 yrs

Dave Coulter

TITLE
Independent Director
COMPENSATION
$242K
AGE
71
TENURE
4.2 yrs

Ken Hanau

TITLE
Independent Director
COMPENSATION
$232K
AGE
53
TENURE
3.4 yrs

John Hextall

TITLE
Independent Director
COMPENSATION
$232K
AGE
62
TENURE
3.4 yrs

Karen Austin

TITLE
Independent Director
AGE
58
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
21. Mar 19 Sell Warburg Pincus LLC Company 19. Mar 19 19. Mar 19 -7,132,790 $31.10 $-221,829,769
X
Management checks
We assess Triton International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Triton International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TRTN News

Simply Wall St News

Just 4 Days Before Triton International Limited (NYSE:TRTN) Will Be Trading Ex-Dividend

Triton International's next dividend payment will be US$0.52 per share, on the back of last year when the company paid a total of US$2.08 to shareholders. … See our latest analysis for Triton International Dividends are typically paid from company earnings. … Earnings per share have been growing at a steady rate, and Triton International paid out less than half its profits and more than half its free cash flow as dividends over the last year.

Simply Wall St -

Is Triton International Limited (NYSE:TRTN) Expensive For A Reason? A Look At Its Intrinsic Value

How far off is Triton International Limited (NYSE:TRTN) from its intrinsic value? … Value Per Share = Expected Dividend Per Share / (Discount Rate - Perpetual Growth Rate) = $2.1 / (11.2% – 2.7%) = $24.88 NYSE:TRTN Intrinsic value, August 15th 2019 Important assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. … Given that we are looking at Triton International as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt.

Simply Wall St -

Does Triton International Limited's (NYSE:TRTN) CEO Salary Compare Well With Others?

Brian Sondey has been the CEO of Triton International Limited (NYSE:TRTN) since 2016. … According to our data, Triton International Limited has a market capitalization of US$2.4b, and pays its CEO total annual compensation worth US$4.5m. … Most shareholders would probably be pleased with Triton International Limited for providing a total return of 135% over three years.

Simply Wall St -

Should You Think About Buying Triton International Limited (NYSE:TRTN) Now?

Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. … See our latest analysis for Triton International What's the opportunity in Triton International? … This is because Triton International’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market.

Simply Wall St -

What Kind Of Shareholder Appears On The Triton International Limited's (NYSE:TRTN) Shareholder Register?

View our latest analysis for Triton International NYSE:TRTN Ownership Summary, June 5th 2019 What Does The Institutional Ownership Tell Us About Triton International? … Insider Ownership Of Triton International While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. … Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Simply Wall St -

Should You Care About Triton International Limited’s (NYSE:TRTN) Investment Potential?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Does Triton International Limited's (NYSE:TRTN) P/E Ratio Signal A Buying Opportunity?

We'll apply a basic P/E ratio analysis to Triton International Limited's (NYSE:TRTN), to help you decide if the stock is worth further research. … Triton International has a price to earnings ratio of 7.65, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Investors Who Bought Triton International Shares A Year Ago Are Now Up 17%

For example, the Triton International Limited (NYSE:TRTN) share price is up 17% in the last year, clearly besting than the market return of around 3.3% (not including dividends). … Note that businesses generally develop over the long term, so it the returns over the last year might not reflect a long term trend. … During the last year, Triton International actually saw its earnings per share drop 3.8%.

Simply Wall St -

Could The Triton International Limited (NYSE:TRTN) Ownership Structure Tell Us Something Useful?

If you want to know who really controls Triton International Limited (NYSE:TRTN), then you'll have to look at the makeup of its share registry. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Triton International has a market capitalization of US$2.6b, so we would expect some institutional investors to have noticed the stock.

Simply Wall St -

Do You Like Triton International Limited (NYSE:TRTN) At This P/E Ratio?

We'll show how you can use Triton International Limited's (NYSE:TRTN) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Triton International's P/E ratio is 5.81. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

TRTN Company Info

Description

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry, refrigerated, special, and tank containers; and chassis used for the transportation of intermodal containers, as well as provides container management services. As of December 31, 2018, its total fleet consisted of 3.7 million containers and chassis representing 6.2 million twenty-foot equivalent units. The company also purchases containers from shipping line customers and other sellers, and resells these containers to container retailers and users. It operates in Asia, Europe, the Americas, Bermuda, and internationally. The company was founded in 1980 and is based in Hamilton, Bermuda.

Details
Name: Triton International Limited
TRTN
Exchange: NYSE
Founded: 1980
$2,646,745,616
72,236,507
Website: http://www.trtn.com
Address: Triton International Limited
Canon's Court,
22 Victoria Street,
Hamilton,
HM 12,
Bermuda
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE TRTN Common Shares New York Stock Exchange US USD 13. Jul 2016
DB TR7 Common Shares Deutsche Boerse AG DE EUR 13. Jul 2016
NYSE TRTN.PRA 8.5% CUM RED A New York Stock Exchange US USD 13. Mar 2019
NYSE TRTN.PRC 7.375 CUM PFD C New York Stock Exchange US USD 01. Nov 2019
NYSE TRTN.PRB 8% PFD CL B New York Stock Exchange US USD 18. Jun 2019
Number of employees
Current staff
Staff numbers
243
Triton International employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/05 01:02
End of day share price update: 2019/12/04 00:00
Last estimates confirmation: 2019/11/13
Last earnings filing: 2019/10/25
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.