Triton International (TRTN) Falls Despite Growing Revenue

Triton International moved -7% this afternoon session, trading between a high of $72.0 and a low of $67.79 per share. Yesterday the stock finished at $71.74 per share, compared to an average analyst target price of $77.75.

Triton International Limited is engaged in the acquisition, leasing, re-leasing and sale of various types of containers and intermodal chassis to shipping lines, freight forwarding companies and manufacturers. The mid-cap services-equipment rental & leasing, company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.9%. Triton International has trailing twelve months earnings per share (EPS) of 11.21, which at today's prices amounts to a price to earnings (P/E) ratio of 6.5.

Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.59. Usually a PEG ratio between zero and one indicates a potentially undervalued company.

TRTN has a revenue per share ratio of 28.49 and an enterprise value to revenue ratio of 6.62, based on its total revenue of $142,969,000. The company's revenues have a year-on-year growth rate of 4.6%, compared to a YoY growth rate of 57.4% for its earnings.

Here's an overview of the company's gross margins in recent years:

Date Reported Revenue (k) Cost of Revenue (k) Gross Margin YoY Growth
2021-12-31 $142,969 $108,870 23.85% 38.26%
2020-12-31 $85,780 $70,981 17.25% -0.12%
2019-12-31 $83,993 $69,485 17.27% -24.22%
2018-12-31 $83,039 $64,118 22.79% 103.85%
2017-12-31 $37,419 $33,235 11.18% n/a
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