Textainer Group Holdings Limited (TGH)
Textainer Group Holdings Limited operates in the Rental & Leasing Services industry of the Industrials sector, headquartered in Hamilton, BM. The stock last traded at $49.99, up 0.04% on the session, giving a market capitalisation of $2.07B. On trailing twelve-month figures it carries a trailing P/E of 10.20, a net margin of 25.9%. Its beta of 1.02 implies it has historically moved more than the broad market.
Textainer Group Holdings Limited (TGH), established in 1979 and headquartered in Hamilton, Bermuda, is a prominent global entity engaged in the full lifecycle management of intermodal containers. The company's operations span the acquisition, ownership, administration, rental, and ultimate sale of a vast array of shipping containers. Its business is structured around three key areas: direct container ownership, overseeing container portfolios for others, and the resale of containers. Textainer boasts an extensive fleet, comprising approximately 2.7 million units, which translates to 4.3 million twenty-foot equivalent units (TEUs). This diverse inventory includes standard and specialized dry freight containers, refrigerated units, and a variety of unique purpose containers such as tank, 45-foot, and pallet-wide types. Beyond managing its own fleet, the company also delivers comprehensive container management, procurement, and disposition services to both affiliated and independent container investment groups. Furthermore, TGH actively sells containers from its existing stock and participates in the purchase, leasing, or resale of units acquired from shipping lines, container traders, and other market suppliers. Its primary clientele consists of major shipping companies, freight forwarding enterprises, and the United States military.
Textainer Group Holdings Limited is most often compared with the following Industrials names: