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Textainer Group Holdings 3-Year Average Share Buyback Ratio

: 5.20 (As of Jun. 2022)
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This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

The historical rank and industry rank for Textainer Group Holdings's 3-Year Average Share Buyback Ratio or its related term are showing as below:

TGH' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -7.5   Med: -0.7   Max: 5.2
Current: 5.2

During the past years, Textainer Group Holdings's highest 3-Year Average Share Buyback Ratio was 5.20. The lowest was -7.50. And the median was -0.70.

TGH's 3-Year Average Share Buyback Ratio is ranked better than
98.37% of 674 companies
in the Business Services industry
Industry Median: -1.40 vs TGH: 5.20

Textainer Group Holdings 3-Year Average Share Buyback Ratio Historical Data

The historical data trend for Textainer Group Holdings's 3-Year Average Share Buyback Ratio 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.

Textainer Group Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
3-Year Average Share Buyback Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Textainer Group Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
3-Year Average Share Buyback Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Rental & Leasing Services subindustry, Textainer Group Holdings's 3-Year Average Share Buyback Ratio, along with its competitors' market caps and 3-Year Average Share Buyback Ratio 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.

   

Textainer Group Holdings 3-Year Average Share Buyback Ratio Distribution

For the Business Services industry and Industrials sector, Textainer Group Holdings's 3-Year Average Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Textainer Group Holdings's 3-Year Average Share Buyback Ratio falls into.



Textainer Group Holdings 3-Year Average Share Buyback Ratio Calculation

This is the average share buyback rate of the company over the past 3 years.


Textainer Group Holdings  (NYSE:TGH) 3-Year Average Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Textainer Group Holdings 3-Year Average Share Buyback Ratio Related Terms

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Textainer Group Holdings Business Description

Textainer Group Holdings logo
Address
16 Par-La-Ville Road, Century House, Hamilton, BMU, HM 08
Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally, including international shipping lines and other leases. The firm's operating segments are Container Ownership, Container Management, and Container Resale. Its geographical segments are Asia, Europe, North/South America, and other international countries. Textainer generates the majority of its revenue from lease rental income.

Textainer Group Holdings Headlines

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