TRITON INTERNATIONAL LTD filed this 6-K on 05/02/2025
TRITON INTERNATIONAL LTD - 6-K - 20250502 - INCOME_STATEMENT
TRITON INTERNATIONAL LIMITED
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands)
(Unaudited)
Three Months Ended March 31,
20252024
Leasing revenues:  
Operating leases$356,395 $346,216 
Finance leases26,645 25,069 
Total leasing revenues383,040 371,285 
Equipment trading revenues11,915 10,146 
Equipment trading expenses(11,321)(9,769)
Trading margin594 377 
Net gain (loss) on sale of leasing equipment10,694 14,622 
Operating expenses:
Depreciation and amortization128,360 136,081 
Direct operating expenses14,819 22,747 
Administrative expenses24,126 21,809 
Transaction and other costs — 5,512 
Provision (reversal) for doubtful accounts305 466 
Total operating expenses167,610 186,615 
Operating income (loss)226,718 199,669 
Other (income) expenses:
Interest and debt expense68,129 61,452 
Other (income) expense, net(77)(133)
Total other (income) expenses68,052 61,319 
Income (loss) before income taxes158,666 138,350 
Income tax expense (benefit)13,893 12,807 
Net income (loss)$144,773 $125,543 
Less: dividends on preferred shares14,744 13,028 
Net income (loss) attributable to common shareholder$130,029 $112,515