---
schema_version: "secwatch.filing_event.v1"
accession: "0001660734-23-000057"
form_type: "8-K"
ticker: "TRTN-PA"
cik: "0001660734"
company_name: "Triton International Ltd"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:37:58.287831+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Triton Q1 net income $136.8M ($2.44 EPS), down 12% YoY; utilization 97.6%

## Summary
- Net income $136.8M ($2.44 diluted EPS), down 12.2% YoY; adjusted net income $136.1M ($2.42 adjusted EPS), down 12.3% YoY.
- Total leasing revenues $397.7M, down 4.7% from Q1 2022 ($417.1M) and 4.5% from Q4 2022 ($416.3M).
- Average container utilization 97.6% in Q1, 97.1% as of April 25; share repurchase of 1.7M shares in Q1, program suspended due to pending acquisition.
- Agreement to be acquired by Brookfield Infrastructure announced April 12, expected close Q4 2023.

## SEC filing metadata
- accession: 0001660734-23-000057
- form_type: 8-K
- ticker: TRTN-PA
- cik: 0001660734
- company_name: Triton International Ltd
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1660734/000166073423000057/0001660734-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1660734/000166073423000057/trtn-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001660734-23-000057
- JSON: https://secwatch.observer/filing/0001660734-23-000057.json
- Plain text: https://secwatch.observer/filing/0001660734-23-000057.txt

## Key facts
- Earnings Releases
  Triton International Ltd reported the quarter ended March 31, 2023 results: revenue $397.7, net income $136.8, EPS $2.44.
  - Period: the quarter ended March 31, 2023
  - Revenue: $397.7
  - Net income: $136.8
  - EPS: $2.44
  - Result: reported results
  source text: Triton’s selected key financial information: (in millions, except per share data) Three Months Ended, March 31, 2023 December 31, 2022 March 31, 2022 Total leasing revenues $397.7 $416.3 $417.1 GAAP Net income attributable to common shareholders $136.8 $152.2 $181.2 Net income per share - Diluted $2.44 $2.61 $2.78 Non-GAAP (1) Adjusted net income $136.1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1660734/000166073423000057/0001660734-23-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.