Company: TRTN-PA
Filing Date: 2025-05-02
Form Type: 6-K
Source: 0001660734-25-000016
Chunk: 17

Company: Triton International Ltd
Filing Date: 2025-05-02
Form: 6-K
Chunk 17
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) |     | $ |  46,077 |
| 2026                      |     |   |  42,580 |
| 2027                      |     |   |  16,797 |
| 2028                      |     |   |  15,392 |
| 2029                      |     |   |  13,837 |
| 2030 and thereafter       |     |   |  29,381 |
| Total                     |     | $ | 164,064 |

Finance Leases

The following table summarizes the components of the net investment in finance leases (in thousands):

|                                            |     |   | March 31, 2025 |     |   | December 31, 2024 |
|:-------------------------------------------|:----|:--|---------------:|:----|:--|------------------:|
| Future minimum lease payment receivable(1) |     | $ |      1,929,709 |     | $ |         1,989,859 |
| Estimated residual receivable(2)           |     |   |        269,089 |     |   |           269,090 |
| Gross finance lease receivables(3)         |     |   |      2,198,798 |     |   |         2,258,949 |
| Unearned income(4)                         |     |   |       -646,281 |     |   |          -673,137 |
| Net investment in finance leases(5)        |     | $ |      1,552,517 |     | $ |         1,585,812 |

(1) There were no executory costs included in gross finance lease receivables as of March 31, 2025 and December 31, 2024.

(2) The Company's finance leases generally include a purchase option at nominal amounts that is reasonably certain to be exercised, and therefore, the Company has immaterial residual value risk for assets.

(3) The gross finance lease receivable is reduced as billed to customers and reclassified to accounts receivable until paid by customers.

(4) There were no unamortized initial direct costs as of March 31, 2025 and December 31, 2024.

(5) One major customer represented 94% and 93% of the Company's finance lease portfolio as of March 31, 2025 and December 31, 202