GATX

GATX Corp. engages in leasing and owning railcar and fleets in North America, Europe and Asia. It operates through the following segments: Rail North America, Rail International and Portfolio Management. The Rail North America segment provides railcars pursuant to full-service leases under which it maintains the railcars and provides other ancillary services. The Rail International segment consists of operations in Europe. The Portfolio Management segment is composed of ownership in a group of joint ventures with Rolls-Royce plc that lease aircraft spare engines, as well as five liquefied gas-carrying vessels, the Norgas Vessels. The company was founded in 1898 and is headquartered in Chicago, IL.

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

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GATX reports mixed Q4 earnings, eyes growth in 2023

GATX's Q4 2022 earnings showed a decrease from the previous year, but full-year earnings grew. The company remains cautious about the macroeconomic environment but is confident in its position. Challenges in Rail International were offset by strengths in Rail North America and Portfolio Management. Opportunities for growth include expanding the aircraft engines portfolio and increasing segment profits.

GATX reports robust Q1 earnings, optimistic about full-year outlook

GATX's Q1 performance showcased strong earnings and operational metrics, with a positive outlook for full-year earnings. Analyst inquiries focused on lease rates, maintenance expenses, and growth strategies. The company remains optimistic about market opportunities and potential for continued performance.

GATX reports strong Q2 earnings, poised to exceed full-year guidance

GATX's Q2 2023 earnings reflect robust financial performance and growth compared to the previous year.
The company's strengths lie in solid portfolio management results and strong lease rates amidst tight supply.
Challenges include elevated maintenance expenses impacting profitability, but opportunities for growth are evident.
Overall, GATX's performance indicates a positive outlook for exceeding full-year earnings guidance.

GATX surpasses earnings expectations, navigates sector challenges with strategic agility

GATX delivered strong financial performance in Q3 2023, with notable increases in net income and earnings per share, driven by successful portfolio management and operational efficiency.
While facing challenges in the intermodal sector and potential macroeconomic headwinds, the company showcased resilience and strategic foresight to exceed full-year earnings guidance.
Analysts' inquiries highlighted a focus on key operational metrics and financial indicators, emphasizing the importance of prudent cost management and risk mitigation strategies.

GATX posts record earnings in 2023, eyes growth opportunities

GATX delivered strong financial performance in Q4 2023 and full year 2023, driven by record investment volume and solid lease revenue growth.
The company's strategic focus on portfolio management and disciplined investments positions it well for continued success in 2024.
Challenges include managing maintenance costs, balancing portfolio sales with new investments, and navigating market dynamics for growth.
Opportunities lie in leveraging high demand for existing assets, pursuing profit growth in key segments, and optimizing debt leverage for financial efficiency.

GATX reports steady Q1 performance with growth opportunities ahead

GATX's Q1 2024 performance was solid, with a focus on fleet utilization, lease rate increases, and asset remarketing.
While facing challenges in net income and fleet management, the company has opportunities for growth in secondary markets and international air travel.
Overall, GATX's strategic positioning in rail and engine leasing sectors sets a positive trajectory for future performance and revenue generation.

GATX reports lower Q2 earnings but sees growth opportunities ahead

GATX's Q2 2024 performance reflected a decrease in net income but showcased strong operational metrics in its rail segments.
While facing challenges in year-to-date profitability, the company's disciplined approach and strategic investments position it well for future growth.
Opportunities lie in expanding market presence, leveraging supply agreements, and maintaining a focus on efficient asset management.
Overall, GATX's performance, strengths, and opportunities indicate a resilient business model with potential for sustained growth.

GATX reports robust Q3 earnings, eyes international growth opportunities

GATX's strong financial performance in Q3 2024 reflects operational excellence and strategic decision-making.
The company's focus on fleet utilization, remarketing income, and international profitability positions it well for future growth.
Challenges related to tax impacts and market sustainability require proactive management and strategic planning.
Opportunities in robust market demand and international expansion offer avenues for continued success and 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

GATX Corp. engages in leasing and owning railcars and fleets in North America, Europe and Asia. It operates through the following segments: Rail North America, Rail International, and Portfolio Management. The Rail North America segment provides railcars pursuant to full-service leases under which it maintains the railcars and provides other ancillary services. The Rail International segment consists of operations in Europe. The Portfolio Management segment is composed of ownership in a group of joint ventures with Rolls-Royce plc that lease aircraft spare engines, as well as five liquefied gas-carrying vessels, the Norgas Vessels. The company was founded in 1898 and is headquartered in Chicago, IL.

AbbVie

AmerisourceBergen

Anthem

Ingredion

McKesson

Magna International

Science Applications International

Universal Health Services

ViacomCBS

Stocks have made a remarkable (and remarkably rapid) recovery from the 2020 bear market.

11 Best Value Stocks for This Overpriced Market

Gatx (GATX) reported earnings 30 days ago. What's next for the stock?

Why Is Gatx (GATX) Up 4% Since Last Earnings Report?

Although GATX beat Q2 earnings estimates, its performance was hurt by coronavirus-led disruptions on Rail North America and Rail International segments.

GATX's Q2 Earnings Beat, Decline Y/Y Due to Coronavirus Woes

GATX Corporation (GATX) CEO Brian Kenney on Q2 2020 Results - Earnings Call Transcript

As railcar lessor GATX (NYSE: GATX) looks at the second half of this year, there are three prominent factors that could put pressure on the company's lease rates, renewal activity, and asset utilization.

Pandemic, Economy And Market Oversupply Weigh On GATX's 2020 View

CHICAGO, July  21, 2020  (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2020 second-quarter results. In the second quarter of 2020, GATX completed the sale of American Steamship Company. As a result, this segment is reported as discontinued operations and prior periods have been recast to conform to the current presentation. Results for the second quarter and six months ending June 30 are summarized below:

GATX Corporation Reports 2020 Second-Quarter Results

Disappointing performance at the Rail International segment due to the coronavirus outbreak is expected to have dented GATX's second-quarter performance.

Will GATX Corporation's (GATX) Earnings be a Letdown in Q2?

CBRE Group

Forward Air

GEO Group

According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of July 8.

5 Undervalued Stocks With Predictable Business

Weakness in the North American railcar leasing market is denting GATX's prospects.

GATX Declines 16.1% in Six Months: What's Ailing the Stock?

Gatx (GATX) Up 3.4% Since Last Earnings Report: Can It Continue?

Weakness in the railcar leasing market and below-par performance of the Rail International segment put pressure on GATX.

GATX Hurt By Currency Fluctuations And Coronavirus Woes

CHICAGO, May  14, 2020  (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that it completed the sale of its American Steamship Company (ASC) business to Rand Logistics, LLC for approximately $260 million in cash proceeds, subject to customary post-closing adjustments.  This is the final step in the sale of ASC to Rand Logistics, LLC, as previously announced on Feb. 10, 2020.  

GATX Corporation Completes Sale of American Steamship Company Business Segment

Lower marine operating expenses drive GATX Corp's (GATX) first-quarter 2020 results. However, lower profitability in the Rail International segment is a concern

GATX Corp (GATX) Q1 Earnings Beat Estimates, Increase Y/Y

GATX Corporation (GATX) CEO Brian Kenney on Q1 2020 Results - Earnings Call Transcript

Shares of GATX (NYSE:GATX) rose 0.6% in pre-market trading after the company reported Q1 results.

GATX: Q1 Earnings Insights

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Gatx (GATX) Right Now?

Why Is Gatx (GATX) Down 2.8% Since Last Earnings Report?

GATX vs. WAB: Which Stock Is the Better Value Option?

GATX vs. WAB: Which Stock Should Value Investors Buy Now?

Alaska Air Group

Canadian National Railway Company

Old Dominion Freight Line

SkyWest

Dividend-paying stocks are financially stable and mature, and can even generate steady cash flow irrespective of market conditions.

5 Transportation Stocks in Focus Amid Coronavirus Scare

Railcar lessor GATX (NYSE: GATX) is selling its dry bulk vessel business segment, American Steamship Company (ASC), to Rand Logistics.

GATX Sells Dry Bulk Vessel Segment

CHICAGO, Feb.  10, 2020  (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that it has entered into a stock purchase agreement for the sale of its American Steamship Company (ASC) business to Rand Logistics, Inc. for a purchase price of $260 million, subject to working capital and other closing adjustments.  GATX expects the net sales proceeds to reduce its new debt issuance in 2020.

GATX Corporation to Sell American Steamship Company Business Segment to Rand Logistics, Inc.

GATX or WAB: Which Is the Better Value Stock Right Now?

GATX Rail International unit's impressive performance aids fourth-quarter 2019 results.  The segment is expected to perform even better in 2020.

GATX Stock Rallies 9.4% on Q4 Earnings Beat & Y/Y Increase

GATX Corp. (NYSE: GATX) reported fourth-quarter 2019 adjusted earnings per share (EPS) of $1.36, well ahead of the $1.04 consensus estimate and $0.84 in the year-ago period.

Jet Engines Bolster Earnings At Railcar Lessor GATX

GATX Corporation (GATX) CEO Brian Kenney on Q4 2019 Results - Earnings Call Transcript

News for GATX Stock (GATX)