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.

Intuitive Surgical

These two stocks are likely to miss earnings expectations according to our new Earnings Distortion Scores.

Intuitive Surgical and GATX Corporation Are Likely To Miss Earnings Expectations

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.

Should Value Investors Buy Gatx (GATX) Stock?

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

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

GATX has been struggling lately, but the selling pressure may be coming to an end soon.

GATX Sees Hammer Chart Pattern: Time to Buy?

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

Why Is Gatx (GATX) Up 4.2% Since Last Earnings Report?

CHICAGO, Nov.  01, 2019  (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that Shari Hellerman has been appointed Director, Investor Relations. In this role, Ms. Hellerman will be responsible for all aspects of GATX’s shareholder communications.  Ms. Hellerman will succeed Jennifer M. McManus, who was recently appointed Senior Vice President, Controller and Chief Accounting Officer of GATX.

GATX Corporation Announces Appointment of Director of Investor Relations

Rail equipment manufacturer and lessor GATX (NYSE: GATX) has filed a lawsuit against Georgia Power for returning allegedly damaged railcars.

GATX Sues Georgia Power Over Alleged Damages To Leased Railcars

CHICAGO, Oct.  25, 2019  (GLOBE NEWSWIRE) -- The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.46 per common share, payable Dec. 31, 2019, to shareholders of record on Dec. 13, 2019. This quarterly dividend is unchanged from the prior quarter. 

GATX Corporation  Announces Quarterly Dividend

Fleet utilization is consistently high at GATX in Q3. However, steep maintenance costs limit bottom-line growth.

GATX Stock Up 3.3% on Q3 Earnings Beat & Upbeat '19 EPS View

GATX's (GATX) CEO Brian Kenney on Q3 2019 Results - Earnings Call Transcript

Declining U.S. rail volumes contributed to GATX's (NYSE: GATX) third-quarter net profits falling 4% to $45.1 million, or $1.25/diluted share, from $47 million, or $1.22/diluted share, in the third quarter of 2018.

GATX Third-Quarter Profit Falls On Lower US Rail Volumes

Amedisys

HCA Healthcare

Skechers U.S.A.

Stamps.com

Interest coverage ratio is used to determine how effectively a company can pay the interest charged on its debt.

Add These 5 Stocks With Amazing Interest Coverage Ratio

CHICAGO, Oct.  22, 2019  (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today reported 2019 third quarter net income of $45.1 million or $1.25 per diluted share, compared to net income of $47.0 million or $1.22 per diluted share in the third quarter of 2018.  Year-to-date 2019 net income was $154.6 million or $4.22 per diluted share, compared to $162.1 million or $4.21 per diluted share in the prior year period.

GATX Corporation Reports 2019 Third-Quarter Results

CHICAGO, Sept.  23, 2019  (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that Thomas A. Ellman, executive vice president and chief financial officer, will present at the Sidoti & Company Fall 2019 Conference on Wednesday, September 25, 2019.  The presentation will include an overview of GATX’s operations.

GATX Corporation to Present at the Sidoti & Company Fall 2019 Conference

GATX Corporation (GATX) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: GATX

CHICAGO, Sept.  10, 2019  (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that William M. Muckian has elected to retire as Senior Vice President, Controller and Chief Accounting Officer of GATX effective December 31, 2019.  Jennifer M. McManus, currently Senior Director, Investor Relations and Accounting Research, Policy & Planning, will be appointed as Vice President, Controller and Chief Accounting Officer following Mr. Muckian’s retirement.

GATX Corporation Announces Management Changes

CHICAGO, Sept.  04, 2019  (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced the appointment of Adam L. Stanley to its Board of Directors. Mr. Stanley will also serve as a member of the Audit Committee.  The GATX Board now consists of 10 members, including 9 independent directors.

GATX Corporation Adds Adam Stanley to Board of Directors

Cowen

CHICAGO, Sept.  03, 2019  (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced that Robert C. Lyons, executive vice president and president, Rail North America, will present at the Cowen Global Transportation Conference on Wednesday September 4, 2019.  The presentation will include an overview of GATX’s operations.

GATX Corporation to Present at the Cowen Global Transportation Conference

Gatx (GATX) Down 4.7% Since Last Earnings Report: Can It Rebound?

Strong segmental performance benefits GATX's Q2 results.

GATX's Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y

While investing in the North American railcar market is risky right now because the market is so uncertain, Europe and India are among the places where there are "attractive' opportunities to invest in railcars, officials with railcar lessor GATX (NYSE: GATX) said on the company's second quarter earnings call on July 18.

GATX Eyes "Attractive" Investment Opportunities In Europe

GATX Corp (GATX) CEO Brian Kenney on Q2 2019 Results - Earnings Call Transcript

GATX Corporation (NYSE: GATX) earnings recovered somewhat in the second quarter of 2019 after taking a nosedive in the first quarter.

GATX Beats Earnings Estimates, Posts Strong Income Gains

Gatx (GATX) delivered earnings and revenue surprises of 34.85% and 0.14%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Gatx (GATX) Q2 Earnings and Revenues Beat Estimates

Gatx (GATX) 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.

News for GATX Stock (GATX)