Textainer Group Holdings Limited

Textainer Group Holdings Ltd. engages in the purchase, management, leasing, and resale of a fleet of marine cargo containers. It operates through the following segments: Container Ownership, Container Management, and Container Resale. The Container Ownership segment composed primarily of standard dry freight containers and also includes special-purpose containers. The Container Management segment manages a fleet of containers for and on behalf of owners. The Container Resale segment consists of purchases and leases or resells of containers from shipping line customers, container traders, and other sellers. The company was founded in 1979 and is headquartered in Hamilton, Bermuda.

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Textainer Group Holdings reports robust 2022 performance and eyes growth

Textainer Group Holdings exhibited strong financial performance and capital management in 2022, with a focus on shareholder value through buybacks and dividends.
While facing challenges in market demand shifts and optimizing asset sales, the company remains resilient and anticipates growth opportunities in 2023.
Overall, Textainer's performance, strategic initiatives, and market outlook position it well for continued success and value creation for shareholders.

Textainer Group Holdings reports robust Q1 earnings amidst market optimism

Textainer Group Holdings Limited (TGH) delivered strong financial results in Q1 2023, showcasing operational efficiency and a commitment to enhancing shareholder value.
While facing challenges such as fluctuating gain on sales and market uncertainties, the company remains well-positioned to capitalize on growth opportunities in the container leasing sector.
With a focus on stable performance, capital allocation, and market optimism, Textainer is poised to navigate industry dynamics and drive sustainable value creation for its stakeholders.

Textainer Group Holdings reports robust Q2 earnings and optimistic outlook

Textainer Group Holdings delivered a strong performance in Q2 2023, showcasing financial stability, operational efficiency, and strategic focus on cash flow allocation.
The company's strengths lie in its high fleet utilization rates, disciplined capital allocation, and confidence in the market outlook, supported by a strong balance sheet.
While facing challenges such as limited CapEx opportunities and potential fluctuations in shipping market dynamics, Textainer remains optimistic about growth opportunities and maintaining profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Textainer has operated since 1979 and is the world's largest lessor of intermodal containers based on fleet size with a total of more than 2.0 million containers representing more than 3.0 million TEU in our owned and managed fleet. We lease containers to over 400 shipping lines and other lessees. Our fleet consists of standard dry freight, dry freight specials, and refrigerated intermodal containers. We are one of the largest purchasers of new and used containers with annual capital expenditure often exceeding $800 million. We believe we are also the largest seller of used containers, selling up to 100,000 containers per year to more than 1,100 customers. We provide our services via a network of 13 offices and 400 depots worldwide.

Textainer Group (TGH) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.63 per share a year ago.

Textainer Group (TGH) Tops Q2 Earnings Estimates

HAMILTON, Bermuda, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer”, “the Company”, “we” and “our”), one of the world's largest lessors of intermodal containers, today reported financial results for the second-quarter ended June 30, 2023.

Textainer Group Holdings Limited Reports Second-Quarter 2023 Results and Declares Dividend

HAMILTON, Bermuda, July 21, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world's largest lessors of intermodal containers, will release second quarter 2023 financial results before the open of regular market trading on Tuesday, August 1, 2023. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day.

Textainer Announces Date for the Second Quarter 2023 Earnings Release and Conference Call

Textainer Group Holdings Limited has seen a 157% increase in its stock value over the past five years, with a 48.45% increase in the past year due to strong management and strategic industry approach. Despite a challenging macroeconomic environment and falling demand, the company has maintained a high utilization rate of 98.8% and reduced interest expenses through deleveraging and strategic implementation. The company's total shareholder return over the past three years is 425%, significantly higher than the sector's return, and it has also returned capital to shareholders through share buybacks.

Textainer Group Holdings: A Brilliant Management Driving Value For Shareholders

Textainer (TGH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Textainer Group Holdings Limited (TGH) Hit a 52 Week High, Can the Run Continue?

Textainer (TGH) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Textainer (TGH) Is a Great Choice for 'Trend' Investors, Here's Why

Allegiant Travel Company

Copa Hlds

Global Ship Lease

Copa Holdings (CPA), Allegiant Travel Company (ALGT), Global Ship Lease (GSL) and Textainer Group (TGH) represent attractive investment options.

4 Transportation Stocks That Appear to be Solid Bets for 2H23

Triton International

Despite the bearish sentiment associated with the Zacks Transportation - Equipment and Leasing industry, we advise betting on fundamentally sound companies like TRTN and TGH.

2 Transport Equipment & Leasing Stocks to Buy Amid Industry Woes

Textainer (TGH) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why Momentum in Textainer (TGH) Should Keep going

AP Moller - Maersk A/S

Genco Shipping & Trading

Matson

Star Bulk Carriers

Invest in the businesses that operate the massive vessels that make global trade possible.

Investing in Shipping Stocks

Textainer Group Holdings Limited (TGH) Hits Fresh High: Is There Still Room to Run?

Textainer (TGH) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

What Makes Textainer (TGH) a Good Fit for 'Trend Investing'

Textainer owns and leases out shipping containers -- a largely straightforward business. The business depends on a number of factors that all appear solid right now.

Textainer Would Quickly Feel the Sting of a Shipping Slowdown in a Recession

Textainer Group Holdings Limited (NYSE:TGH ) Q1 2023 Results Conference Call May 2, 2023 11:00 AM ET Company Participants Tamara Bakarian - Director, IR Olivier Ghesquiere - President, CEO Michael Chan - EVP, CFO Conference Call Participants Mike Brown - KBW Liam Burke - B. Riley Securities Operator Thank you, and welcome to Textainer's First Quarter 2023 Earnings Call.

Textainer Group Holdings Limited (TGH) Q1 2023 Earnings Call Transcript

Textainer Group (TGH) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.48 per share a year ago.

Textainer Group (TGH) Q1 Earnings Beat Estimates

HAMILTON, Bermuda, May 02, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer”, “the Company”, “we” and “our”), one of the world's largest lessors of intermodal containers, today reported financial results for the first-quarter ended March 31, 2023.

Textainer Group Holdings Limited Reports First-Quarter 2023 Results and Declares Dividend

Textainer (TGH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Textainer Group (TGH) to Report a Decline in Earnings: What to Look Out for

HAMILTON, Bermuda, April 24, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world's largest lessors of intermodal containers, will release first quarter 2023 financial results before the open of regular market trading on Tuesday, May 2, 2023. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day.

Textainer Announces Date for the First Quarter 2023 Earnings Release and Conference Call

Textainer (TGH) is on the Move, Here's Why the Trend Could be Sustainable

Textainer Group Holdings is one of the largest container lessors with a fleet of in excess of 4.5 million container-equivalent units. Thanks to a 6+ year remaining average lease term, the cash flows should be reliable and provide good visibility.

Textainer Group Holdings: I Own The 7%+ Yielding Preferred Shares

ZIM Integrated Shipping Services

Shipping stocks have been under pressure of late due to fears that a slowing economy will lead to a fall in demand for transportation services. Brookfield Infrastructure got the market's attention with a $13 billion offer for container lessor Triton International, offering a 35% premium to Triton's previous closing price.

Why Shipping Stocks Soared This Week

Textainer shares are reacting to Brookfield Infrastructure's deal for rival Tritan International, which offered a 35% premium. Container lessors could be undervalued right now, but investors need to be mindful that the next few quarters could be difficult and it could take time for that value to be fully appreciated by the market.

Why Textainer Stock Is Up Today

Textainer Group Holdings Limited (NYSE:TGH ) Q4 2022 Earnings Conference Call February 14, 2023 11:00 AM ET Company Participants Tamara Bakarian - Director of IR Olivier Ghesquiere - President and CEO Michael Chan - EVP and CFO Conference Call Participants Michael Brown - KBW Liam Burke - B. Riley Climent Molins - Value Investor's Edge Operator Thank you, and welcome to Textainer's Fourth Quarter 2022 Earnings Call.

Textainer Group Holdings Limited (TGH) Q4 2022 Earnings Call Transcript

HAMILTON, Bermuda, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer”, “the Company”, “we” and “our”), one of the world's largest lessors of intermodal containers, today reported financial results for the fourth-quarter and full-year ended December 31, 2022.

Textainer Group Holdings Limited Reports Fourth-Quarter and Full-Year 2022 Results and Increases Dividend

HAMILTON, Bermuda, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world's largest lessors of intermodal containers, will release fourth quarter and full-year 2022 financial results before the open of regular market trading on Tuesday, February 14, 2023. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day.

News for Textainer Group Holdings Limited Stock (TGH)