GATX CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data GATX CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2021	FY2023	FY2024	FY2025
Revenue	1,418	1,377	1,175	1,202	1,209	1,257	1,273	1,411	1,586	1,740
Selling, general and administrative	169	180	183	180	172	198	195	213	236	253
Operating expenses	1,045	1,044	893	921	922	961	933	1,023	1,112
Interest expense	148	161	163	181	190	204	214	263	341	392
Other non-operating income	-17.5	-12.6	-21.7	-7.3	-13	-3.7	-27	-9.4	-9.5	-0.4
Pre-tax income	305	214	171	145	125	195	177	246	261	279
Income tax	95.7	-244	30.5	40.9	37.3	53.2	54.8	58.7	60	63.1
Income from continuing operations			191	181	150	143	156
Net income to minority interests								0	0	0
Net income	257	502	211	211	151	143	156	259	284	333
EPS, basic	6.35	12.95	5.62	5.92	4.33	4.04	4.41	7.13	7.80	9.14
EPS, diluted	6.29	12.75	5.52	5.81	4.27	3.98	4.35	7.12	7.78	9.12
Shares, basic (weighted)	40.5	38.8	37.6	35.7	35	35.4	35.4	35.7	35.8	35.8
Shares, diluted (weighted)	40.9	39.4	38.3	36.4	35.4	36	35.9	35.7	35.9	35.9
Dividend per share	1.60	1.68	1.76					2.20	2.32	2.44

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2021	FY2023	FY2024	FY2025
Cash and equivalents	308	297	100	151	292	344	304	451	402	743
Short-term investments						0	149	0
Receivables								218	199	207
Property, plant and equipment	5,805	6,192	6,533	6,457	7,171	7,785	8,250	9,411	10,450	11,411
Lease right-of-use assets			0	412	336	271	244	212	165	137
Goodwill	78	85.6	82.9	81.5	144	123	117	120	114	126
Total assets	7,105	7,422	7,319	7,994	8,938	9,542	10,072	11,326	12,297	18,000
Other non-current liabilities	42	32.2	43.3	32.8	43	40.3	37.4	38.1	44.9	69.3
Total liabilities	5,758	5,630	5,829	6,450	6,980	7,523	8,042	9,053	9,858	14,364
Total debt	4,286	4,413	4,473	4,814	5,359	5,930	6,492	7,451	8,271	12,506
Paid-in capital	688	698	706	720	735	764	792	816	847	875
Retained earnings	1,828	2,262	2,419	2,601	2,682	2,752	2,832	3,010	3,208	3,451
Treasury stock	-999	-1,099	-1,215	-1,365	-1,365	-1,378	-1,425	-1,428	-1,449	-1,514
Other comprehensive income	-211	-110	-165	-164	-138	-161	-212	-168	-210	-105
Shareholders' equity	1,347	1,793	1,788	1,835	1,957	2,019	2,030	2,273	2,439	2,751
Minority interests									0	885
Total equity	1,347	1,793	1,788	1,835	1,957	2,019	2,030	2,273	2,439	3,635
Total liabilities and equity	7,105	7,422	7,617	8,285	8,938	9,542	10,072	11,326	12,297	18,000
Shares outstanding	39.4	37.9	36.6	34.8	35	35.4	35.3	35.5	35.6	35.4

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2021	FY2023	FY2024	FY2025
Net income	257	502	211	211	151	143	156	259	284	333
Depreciation and amortization	310	323	327	333	343	378	371	392	421	452
Stock-based compensation	15.8	9.9	16.4	12.3	15.6	17.4	12.7	18.3	23	25
Deferred income tax	72.8	-261	18.1	33.8	29.1	34.2	36.3	38.3	45.8	53.2
Cash from operations	629	497	485	426	437	507	534	520	602	648
Capital expenditures	-596	-567	-914	-723	-861	-1,130	-1,256	-1,665
Acquisitions			0	0	-203	-1.4	0	0
Purchases of investments					0	0	-149
Cash from investing	-406	-428	-660	-448	-905	-918	-1,074	-1,219	-1,417	-1,017
Debt issued	859	793	694	743	1,587	1,492	848	1,420	1,296	4,842
Debt repaid	-800	-703	-633	-410	-1,100	-884	-250	-500	-414	-733
Stock issued		1.6	3.7	4.4	6.6	21.9	30.9	22.3	32.1	31.1
Share buybacks	-120	-100	-116	-150	0	-13.1	-47.2	-2.6	-21.9	-65
Dividends paid	-67.4	-68.2	-69.3	-69.3	-71	-74.3	-76.6	-80.6	-84.8	-89.8
Cash from financing	-131	-83.9	-13.9	66.9	356	463	504	844	771	4,945
Exchange rate effect	-1.2	4	-4	-0.5	-0.1	-1.8
Net change in cash	105	-11.4	-193	44.3	142	51.9	-40.5	147	-49	4,583
Free cash flow	33.7	-70	-428	-297	-424	-623	-722	-1,145
Interest paid	145	155	164	185	190	197	203	260	350	413
Income taxes paid	28.6	21.5	18.1	11.6	21.4	10.3	18.7	17.3	23	14.5

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $183.73 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Pre-tax margin	15.0%	Pre-tax income / revenue.
Net margin	17.9%	Net income / revenue.
Operating cash flow margin	40.8%	Cash from operations / revenue.
Effective tax rate	23.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	13.2%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	2.1%	Net income / average total assets.
SG&A / revenue	13.6%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	1.3%	Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue	28.2%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	9.8%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	11.0%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	7.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	17.3%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	28.8%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	17.1%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	17.2%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	28.0%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	16.4%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	7.6%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	6.7%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	8.2%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	5.2%	Dividend per share vs the same period a year earlier. Only from a positive base.
Book value growth, 1y	12.8%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	10.7%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	7.0%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	46.4%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	21.4%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	15.0%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	0.0%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	0.3%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	79.7%	Total liabilities / total assets.
Goodwill and intangibles / assets	0.7%	(Goodwill + intangible assets) / total assets.
Tangible book value	$2.66B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.12x	Revenue / average total assets.
Fixed asset turnover	0.13x	Revenue / average property, plant and equipment.
Receivables turnover	5.99x	Revenue / average receivables.
Days sales outstanding	61 days	365 x average receivables / revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	$10.28	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$57.32	Revenue / diluted weighted shares.
Operating cash flow per share	$23.41	Cash from operations / diluted weighted shares.
Book value per share	$78.87	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$75.37	Tangible book value / shares outstanding.
Cash per share	$21.16	(Cash + short-term investments) / shares outstanding.
Payout ratio	25.3%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$6.49B	Share price x shares outstanding.
Enterprise value	$5.74B	Market cap + total debt - cash - short-term investments.
P/E	17.6x	Market cap / net income. Only when net income is positive.
P/S	3.16x	Market cap / revenue.
P/B	2.33x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	2.44x	Market cap / tangible book value, when positive.
P/OCF	7.74x	Market cap / cash from operations, when positive.
EV/Sales	2.80x	Enterprise value / revenue.
Earnings yield	5.7%	Net income / market cap (the inverse of P/E).
Dividend yield	1.4%	Dividends paid over the period / market cap.
Shareholder yield	3.0%	(Dividends paid + share buybacks) / market cap.
PEG	0.63x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was GATX CORP's revenue in fiscal 2025?

GATX CORP reported revenue of $1.74B for fiscal 2025, 9.8% higher than the year before.

Was GATX CORP profitable in fiscal 2025?

Yes. Net income was $333.3M, a net margin of 19.2%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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