Triton International Limited (TRTN-PC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 205.87M | 248.13M | 223.58M | 212.66M | 287.7M | 245.25M | 342.86M | 267.73M | 257.52M | 287.25M | 255.34M | 304.79M | 302.82M | 446.61M | 400.81M | 638.78M | 398.67M | 418.25M | 373.6M | 312.33M |
| Operating CF Margin % | 62.15% | 72.91% | 63.74% | 65.18% | 72.84% | 60.37% | 85.12% | 68.13% | 67.51% | 73.64% | 60.81% | 73.81% | 72.65% | 102.16% | 85.37% | 135.99% | 88.36% | 91.6% | 84.03% | 77.51% |
| Operating CF Growth % | -28.44% | 1.17% | -34.79% | -20.57% | 11.72% | -14.62% | 34.27% | -12.16% | -14.96% | -35.68% | -36.29% | -52.29% | -24.04% | 6.78% | 7.28% | 104.52% | 32.45% | 60% | 40.57% | 42.87% |
| Net Income | 106.44M | 120.56M | 117.33M | 125.72M | 144.77M | 164.56M | 150.65M | 77.44M | 125.54M | 112.81M | 69.7M | 141.76M | 149.81M | 165.21M | 189.84M | 197.62M | 194.26M | 190.45M | 134.73M | 65.22M |
| Depreciation & Amortization | 87.59M | 89.6M | 89.23M | 79.37M | 128.36M | 134.9M | 135.62M | 136.22M | 136.76M | 139.7M | 142.72M | 148.22M | 149.89M | 157.27M | 161.32M | 163.8M | 163.73M | 169.34M | 167.65M | 158.75M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 1.38M | 820K | 820K | 820K | 0 | 2.52M | 2.57M | 2.21M | 3.1M | 3.17M | 3.69M | 2.56M | 2.11M | 2.25M | 3.29M |
| Deferred Taxes | 3.38M | -6.29M | 11.4M | 2.29M | 2M | -5.39M | 2.1M | 277K | 653K | 9.05M | 22.83M | 2.71M | 2.52M | 6.38M | 7.09M | 7.35M | 5.19M | 7M | 10.85M | 13.61M |
| Other Non-Cash Items | 5.79M | 3.99M | 3.78M | -3.5M | -5.71M | 11.53M | 3.65M | 40.74M | -11.66M | 2.39M | 2.07M | 59.54M | 24.83M | 41.88M | 35.76M | 11.07M | 7.33M | 4.6M | 38.87M | 82.97M |
| Working Capital Changes | 2.66M | 40.27M | 1.83M | 8.78M | 18.27M | -67.12M | 50.02M | 12.52M | 6.05M | 32.35M | 15.5M | -50.02M | -26.45M | 72.76M | 3.63M | 255.25M | 25.61M | 44.75M | 19.26M | -11.52M |
| Change in Receivables | -10.45M | 9.13M | -6.77M | 3.63M | 5.3M | 1.53M | 20.86M | -12.23M | -5.87M | 12.72M | -944K | -5.9M | -25.33M | 55.66M | -10.08M | 22.38M | -23.84M | 13.58M | -51.21M | -1.88M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.37M | 0 | 0 |
| Change in Payables | -19.58M | -2.3M | 7.64M | 8.02M | -3.69M | -50.54M | 20.89M | 5.33M | -1.91M | -3.58M | 8.22M | -13.47M | 15.12M | 3.81M | 3.77M | -7.1M | 4.14M | -6.86M | -1.34M | -9.64M |
| Cash from Investing | 6.42M | 44.56M | -849.68M | -16.37M | 47.63M | -175M | -212.62M | -182.71M | 15.22M | 23.15M | 60.34M | 8.54M | 52.26M | 25.73M | -49.09M | -169.72M | -453.89M | -590.51M | -1.03B | -1.07B |
| Capital Expenditures | -51.5M | -15.99M | -914.09M | -79.99M | -20.2M | -263.13M | -613.97M | -293.85M | -74.31M | -56.88M | -31.85M | -84.2M | -35.32M | -53.25M | -139.79M | -238.99M | -511.03M | -642.45M | -1.07B | -1.14B |
| CapEx % of Revenue | 15.55% | 4.7% | 260.59% | 24.52% | 5.11% | 64.77% | 152.42% | 74.78% | 19.48% | 14.58% | 7.58% | 20.39% | 8.47% | 12.18% | 29.78% | 50.88% | 113.26% | 140.71% | 241.58% | 282.56% |
| Acquisitions | 58.19M | 62.36M | 64.76M | 63.11M | 67.78M | 88.54M | 85.37M | 111.17M | 89.56M | 79.92M | 92.32M | 92.73M | 87.58M | 78.91M | 91.01M | 69.54M | 57.27M | 52.01M | 47.38M | 64.18M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -265K | -1.81M | -358K | 519K | 53K | 88.13M | 1.3B | -30K | -31K | 117K | -59.17M | -657.29M | 87.58M | 132.23M | 230.49M | 308.27M | 568.17M | 3.49B | 47.31M | 64.22M |
| Cash from Financing | -222.23M | -311.86M | -187.29M | 676.9M | -398.36M | -61.76M | -56.03M | -99.4M | -320.58M | -311.93M | -322.92M | -351.2M | -345.53M | -453.05M | -364.81M | -482.36M | 18.08M | 193.43M | 657.68M | 580.62M |
| Debt Issued (Net) | -173.03M | -195.97M | -171.42M | 697.73M | -352.75M | 152.25M | 167.13M | -82.38M | -106.64M | -298.34M | 139.41M | -286.71M | -171.5M | -219.73M | -125.45M | -322.16M | 165.91M | 322.17M | 559.21M | 646.99M |
| Equity Issued (Net) | 169.06M | 0 | 0 | -296K | 144.56M | 0 | 0 | 0 | 0 | 0 | 0 | -13.12M | -116.66M | -179.07M | -187.06M | -106.25M | -81.72M | -61.63M | 152.73M | 0 |
| Dividends Paid | -218.26M | -111.26M | -15.87M | -20.53M | -164.27M | -13.03M | -12.29M | -13.03M | -213.03M | -13.03M | -51.37M | -51.37M | -51.9M | -53.05M | -52.3M | -53.96M | -54.98M | -55.86M | -49.43M | -48.68M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 13.12M | 0 | 0 | 129.78M | 0 | -13.12M | -116.66M | -179.07M | -187.06M | -106.25M | -81.72M | -61.63M | -16.76M | 0 |
| Other Financing | 0 | -4.63M | 0 | 0 | -25.9M | -200.98M | -210.88M | -3.99M | -913K | -558K | -410.96M | 0 | -5.48M | -1.2M | -175K | -2.84M | -11.14M | -11.25M | -4.83M | -17.7M |
| Net Change in Cash | -9.94M | -19.18M | -813.4M | 873.2M | -63.03M | 8.5M | 74.21M | -14.38M | -47.84M | -1.52M | -7.24M | -37.87M | 9.55M | 19.29M | -13.09M | -13.29M | -37.14M | 21.17M | 4.49M | -181.46M |
| Free Cash Flow | 154.37M | 232.14M | -690.51M | 132.67M | 267.5M | -17.88M | -192.09M | -26.12M | 183.21M | 230.37M | 223.5M | 220.59M | 267.5M | 393.36M | 261.02M | 399.79M | -112.36M | -224.21M | -700.5M | -826.3M |
| FCF Margin % | 46.6% | 68.21% | -196.85% | 40.66% | 67.73% | -4.4% | -47.69% | -6.65% | 48.03% | 59.05% | 53.23% | 53.42% | 64.18% | 89.98% | 55.6% | 85.11% | -24.9% | -49.1% | -157.55% | -205.05% |
| FCF Growth % | -42.29% | 1398.69% | -259.48% | 607.94% | 46.01% | -107.76% | -185.94% | -111.84% | -31.51% | -41.43% | -14.37% | -44.82% | 338.08% | 275.44% | 137.26% | 148.38% | 59.62% | -74.76% | -634.18% | -1449.57% |
| FCF per Share | 1.53 | 2.29 | -6.83 | 1.31 | 2.64 | -0.18 | -1.90 | -0.26 | 1.81 | 2.28 | 2.21 | 4.00 | 4.76 | 6.76 | 4.25 | 6.27 | -1.72 | -3.37 | -10.41 | -12.28 |
| FCF Conversion (FCF/Net Income) | 1.93x | 2.06x | 1.91x | 1.69x | 1.99x | 1.49x | 2.28x | 3.46x | 2.05x | 2.55x | 3.66x | 2.15x | 2.02x | 2.70x | 2.11x | 3.23x | 2.05x | 2.20x | 2.77x | 4.79x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 58.88M | 54.01M | 60.15M | 54.25M | 55.19M | 39.13M | 57.6M | 47.63M | 64.05M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.54M | 214K | 19.43M | 10.04M | 17.4M | 137K | 3.29M | 1.19M | 3.29M |