textainer has operated since 1979 and is the world's largest lessor of intermodal containers based on fleet size with a total of 2.0 million containers representing 3.0 million teu in our owned and managed fleet. we lease containers to more than 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 $1 billion. 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.
Company profile
Ticker
TGH+A, TGH+B
Exchange
Website
CEO
Olivier Ghesquiere
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
TGH+A stock data
Latest filings (excl ownership)
25-NSE
Exchange delisting
15 Apr 24
15F-12B
Securities registration termination (foreign)
25 Mar 24
25-NSE
Exchange delisting
14 Mar 24
POSASR
Automatic shelf registration (post-effective amendment)
14 Mar 24
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Mar 24
6-K
Current report (foreign)
14 Mar 24
6-K
Textainer Announces Shareholder Approval of Its Pending Acquisition by Stonepeak and Receipt of Required Antitrust Approvals
23 Feb 24
6-K
Reports Fourth-Quarter and Full-Year 2023 Results and Declares Dividend
13 Feb 24
6-K
Merger Proposal—your Vote Is Very Important
17 Jan 24
6-K
Current report (foreign)
19 Dec 23
Transcripts
TGH+A
Earnings call transcript
2023 Q2
1 Aug 23
TGH+A
Earnings call transcript
2023 Q1
2 May 23
TGH+A
Earnings call transcript
2022 Q3
2 Nov 22
TGH+A
Earnings call transcript
2022 Q2
2 Aug 22
TGH+A
Earnings call transcript
2022 Q1
5 May 22
TGH+A
Earnings call transcript
2021 Q4
11 Feb 22
TGH+A
Earnings call transcript
2021 Q3
5 Nov 21
TGH+A
Earnings call transcript
2021 Q2
8 Aug 21
TGH+A
Earnings call transcript
2021 Q1
12 May 21
TGH+A
Earnings call transcript
2020 Q4
18 Feb 21
Latest ownership filings
SC 13G/A
Yakira Capital Management, Inc.
16 Apr 24
SC 13G
GLAZER CAPITAL, LLC
4 Mar 24
SC 13G
Yakira Capital Management, Inc.
23 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G
FIL Ltd
9 Feb 24
SC 13G
DONALD SMITH & CO., INC.
5 Feb 24
SC 13G
BlackRock Inc.
2 Feb 24
SC 13G/A
MandG Investment Managers (Pty) Ltd
6 Dec 23
SC 13G/A
Coronation Asset Management (Pty) Ltd.
6 Nov 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
Financial summary
Quarter (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 267.41 mm | 267.41 mm | 267.41 mm | 267.41 mm | 267.41 mm | 267.41 mm |
Cash burn (monthly) | 5.05 mm | 874.67 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 79.04 mm | 13.68 mm | n/a | n/a | n/a | n/a |
Cash remaining | 188.37 mm | 253.73 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 37.3 | 290.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
51.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 143 |
Opened positions | 22 |
Closed positions | 13 |
Increased positions | 46 |
Reduced positions | 51 |
13F shares | Current |
---|---|
Total value | 700.04 bn |
Total shares | 21.83 mm |
Total puts | 14.70 k |
Total calls | 94.30 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 3.51 mm | $130.69 bn |
Coronation Asset Management | 3.50 mm | $0.00 |
Donald Smith & Co. | 2.85 mm | $106.03 bn |
BLK Blackrock | 2.07 mm | $77.10 bn |
Massachusetts Financial Services | 873.12 k | $32.52 bn |
American Century Companies | 646.62 k | $24.09 bn |
STT State Street | 636.94 k | $23.73 bn |
Clearbridge Advisors | 625.75 k | $23.31 bn |
Bridgeway Capital Management | 527.04 k | $19.63 bn |
Arrowstreet Capital, Limited Partnership | 514.95 k | $19.15 bn |
Press releases
Stonepeak Completes Acquisition of Textainer
14 Mar 24
Textainer Announces Shareholder Approval of Its Pending Acquisition by Stonepeak and Receipt of Required Antitrust Approvals
23 Feb 24
TEXTAINER GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Textainer Group Holdings Limited - TGH
26 Jan 24