Investor Presentaiton
Textainer Capex and Resale
Per CEU
$4,000
$3,500
$3,000
$2,500
$2,000
$1,500
$1,000
$500
Container capex (new and used)¹
Total CEU
Houth
700,000
600,000
500,000
400,000
300,000
200,000
100,000
Limited capex opportunities through the first half of 2023 as the
market absorbs the existing inventory.
Textainer maintains a disciplined approach, investing only when
target returns are achieved with long term cash flows. Short
manufacturing lead times allow us to invest on the basis of mostly
confirmed lease opportunities.
t
X
Per CEU
Container resale²
Total CEU
Total CEU
Avg cost per CEU
Avg cost per CEU (all periods presented)
$2,200
300,000
$2,000
$1,800
$1,600
$1,400
☐
The average cost of our fleet remains below current market prices.
$1,200
Resale volumes remain elevated since 2H 2022, after several
quarters of low activity.
$1,000
$800
250,000
200,000
150,000
100,000
50,000
$600
☐
Resale prices decreased during 2H 2022 given higher volumes, but
have since stabilized at still attractive levels well above GAAP
residual values.
$400
2013
1)
2)
Total disposals
Avg proceeds per CEU
Avg proceeds per CEU (all periods presented)
Total container purchases for both the owned and managed fleet, based on date added to the fleet (delivery date). Does not reflect fleet ownership changes between owned and managed.
Resale of off-hired operating containers (i.e. held for sale depot containers). Does not include container trading activity (i.e. sale of new or old containers acquired exclusively for immediate
resale). The average proceeds per CEU reflect total proceeds received.
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