Company: TRTN-PA
Filing Date: 2025-11-06
Form Type: 6-K
Source: 0001660734-25-000034
Chunk: 19

Company: Triton International Ltd
Filing Date: 2025-11-06
Form: 6-K
Chunk 19
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  42,570 |
| 2027                      |     |   |  16,776 |
| 2028                      |     |   |  15,392 |
| 2029                      |     |   |  13,837 |
| 2030 and thereafter       |     |   |  29,382 |
| Total                     |     | $ | 131,675 |

Finance Leases

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

|                                            |     |   | September 30, 2025 |     |   | December 31, 2024 |
|:-------------------------------------------|:----|:--|-------------------:|:----|:--|------------------:|
| Future minimum lease payment receivable(1) |     | $ |          2,113,553 |     | $ |         1,989,859 |
| Estimated residual receivable(2)           |     |   |            305,051 |     |   |           269,090 |
| Gross finance lease receivables(3)         |     |   |          2,418,604 |     |   |         2,258,949 |
| Unearned income(4)                         |     |   |           -699,064 |     |   |          -673,137 |
| Net investment in finance leases(5)        |     | $ |          1,719,540 |     | $ |         1,585,812 |

(1) There were no executory costs included in gross finance lease receivables as of September 30, 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.

(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 September 30, 2025 and December 31, 2024.

(5) One major customer represented 94% and 93% of the Company's finance lease portfolio as of September 30, 2025 and December 31, 2024, respectively. No other customer represented more than 10% of the Company's finance lease portfolio in each of