Triton International (Triton International) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Dec. 2023)

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What is Triton International Earnings Yield (Joel Greenblatt) %?

Triton International's Enterprise Value for the quarter that ended in Dec. 2023 was $0 Mil. Triton International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $607 Mil. Triton International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Triton International's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

TRTN' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.86 Med: 4.01 Max: 11.34
Current: 5.65

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Triton International was 11.34%. The lowest was 0.86%. And the median was 4.01%.

TRTN's Earnings Yield (Joel Greenblatt) % is not ranked
in the Business Services industry.
Industry Median: 5.55 vs TRTN: 5.65

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Triton International's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.

Triton International Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Triton International's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Triton International Earnings Yield (Joel Greenblatt) % Chart

Triton International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

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3.86

3.82

5.42

6.48

Triton International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															6.48	6.43	5.56	-	-

Competitive Comparison of Triton International's Earnings Yield (Joel Greenblatt) %

For the Rental & Leasing Services subindustry, Triton International's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Triton International's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Triton International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Triton International's Earnings Yield (Joel Greenblatt) % falls into.

Triton International Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Triton Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	606.895	/	0
	=	%

Triton International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $607 Mil.

Triton International (NYSE:TRTN) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.

Be Aware

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Triton International Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Triton International's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.

Triton International (Triton International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Triton International Ltd (NYSE:TRTN) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Victoria Street, Victoria Place, 5th Floor, Hamilton, BMU, HM 10

Website

https://www.trtn.com

Triton International Ltd operates as a lessor of intermodal containers. It also leases chassis which are used for the transportation of containers. The operating segments are Equipment leasing and Equipment trading. It has a presence in Asia, Europe, America, Bermuda, and Other countries. The company leases equipment such as Dry freight, Refrigerated, Special, Chassis, and Tank containers. The revenue is generated from the Equipment leasing segment.

Executives

Thanos Holdings Ltd	10 percent owner	73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
John C Hellmann	director
Brookfield Infrastructure Partners L.p.	10 percent owner	73 FRONT STREET, HAMILTON D0 HM12
Brookfield Infrastructure Corp	10 percent owner	250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
David Joynt	director	181 BAY STREET, SUITE 100, TORONTO A6 M5J 2T3
Ben Vaughan	director	181 BAY STREET, SUITE 100, TORONTO A6 M5J 2T3
James Bodi	director	73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Thanos Aggregator Llc	10 percent owner	73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Brookfield Infrastructure Partners Ltd	10 percent owner	73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Bif V Bermuda Gp Ltd	10 percent owner	73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Bif V Carry Splitter L.p.	10 percent owner	73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Bipc Holding Lp	10 percent owner	73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Bif V Thanos Carry L.p.	10 percent owner	73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Brookfield If V Thanos Aggregator Llc	10 percent owner	73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12