GATX
Leases and manages railcars, aircraft spare engines, locomotives, and tank containers worldwide.
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Profile
Leases railcars, locomotives, aircraft spare engines, and tank containers, earning primarily operating-lease revenue plus management and remarketing income. Rail dominates the portfolio across North America, Europe, and India, with the GABX fleet consolidated in Rail North America and Rolls-Royce partnerships supporting engine leasing.
Leases, manages, maintains, and remarkets long-lived transportation assets. Rail North America provides full-service railcar and locomotive leases across the United States, Canada, and Mexico, while Rail International leases railcars in Europe and India. Engine Leasing owns aircraft spare engines through GATX Engine Leasing and joint ventures with Rolls-Royce; Trifleet leases and manages tank containers worldwide.
The operating model pairs long lease terms with maintenance networks, customer service, asset sourcing, and remarketing. The GABX joint venture with Brookfield added the Wells Fargo railcar fleet and is consolidated within Rail North America; GATX also manages Brookfield’s separate finance-lease portfolio. Earnings depend on customer demand, lease rates and renewals, asset utilization, maintenance and safety compliance, access to capital, and Rolls-Royce relationships in engine leasing.
Company facts
Categories
Key statistics
Year to date +3.9% · Average volume (30d) 209.1K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| May 8, 2026 | Susquehanna | Reiterate | Positive | $220 | $218 | |
| May 7, 2026 | Goldman Sachs | Target | $204 | $222 | ||
| Apr 8, 2026 | Citigroup | Upgrade | Neutral | Buy | ||
| Feb 24, 2026 | Citigroup | Downgrade | Buy | Neutral | ||
| Feb 20, 2026 | Susquehanna | Reiterate | Positive | $212 | $220 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $2.46 | $2.84 | +15.4% | $598.8M | $580.1M | −3.1% | +0.04% |
| May 7, 2026Q1 FY26 | $2.28 | $2.35 | +3.1% | $599.8M | $583.7M | −2.7% | +1.86% |
| Feb 19, 2026Q4 FY25 | $2.42 | $2.44 | +0.8% | $445.2M | $449.0M | +0.9% | +5.00% |
| Oct 21, 2025Q3 FY25 | $2.32 | $2.10 | −9.5% | $435.8M | $439.3M | +0.8% | +1.06% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $421.6M | $430.5M | $439.3M | $449.0M | $583.7M | $580.1M | |
| Gross profit | $206.9M | $212.0M | $210.2M | $216.4M | $266.4M | $254.4M | |
| Operating income | $134.3M | $137.3M | $127.2M | $135.3M | $173.3M | $160.4M | |
| Net income | $78.6M | $75.5M | $82.2M | $97.0M | $85.5M | $103.4M | |
| Diluted EPS | $2.15 | $2.06 | $2.25 | $2.66 | $2.35 | $2.89 | |
| Gross margin | 49.1% | 49.2% | 47.8% | 48.2% | 45.6% | 43.9% | |
| Operating margin | 31.9% | 31.9% | 29.0% | 30.1% | 29.7% | 27.7% |
Fiscal years (4-quarter sums)FY21 $1.26B · FY22 $1.27B · FY23 $1.41B · FY24 $1.59B · FY25 $1.74B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $747.1M · Total debt $12.48B · Total assets $17.72B · Shareholders' equity $2.78B
Dividends
Raised for 21 straight years — most recently to $0.66 from $0.61 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 15, 2026 | Jun 15 | Jun 30 | $0.66 | |
| Mar 2, 2026 | Mar 2 | Mar 31 | $0.66 | raised from $0.61 |
| Dec 15, 2025 | Dec 15 | Dec 31 | $0.61 | |
| Sep 15, 2025 | Sep 15 | Sep 30 | $0.61 | |
| Jun 13, 2025 | Jun 13 | Jun 30 | $0.61 | |
| Feb 28, 2025 | Feb 28 | Mar 31 | $0.61 | raised from $0.58 |
| Dec 13, 2024 | Dec 13 | Dec 31 | $0.58 | |
| Sep 13, 2024 | Sep 13 | Sep 30 | $0.58 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 35.50M · Float 35.49M · 100.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| State Farm Mutual Automobile Insurance Co | 5.43M | 15.29% | 13F | Aug 12, 2026 |
| BlackRock, Inc. | 4.65M | 13.08% | 13F | Aug 7, 2026 |
| Earnest Partners LLC | 2.56M | 7.20% | 13F | Aug 13, 2026 |
| Vanguard Portfolio Management LLC | 2.05M | 5.77% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 1.60M | 4.50% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 26, 2026 | Eren Doygun | officer: SVP Chief Plan. & Invest. Off. | −1,000 | $179.52 |
| Aug 14, 2026 | John Sbragia | officer: SVP, Engineering and Quality | −1,900 | $180.40 |
| Aug 5, 2026 | Thomas A. Ellman | officer: EVP & CFO | −18,200 | $180.08 |
| Aug 3, 2026 | Jennifer van Aken | officer: Sr VP Treasurer & CRO | −1,700 | $180.71 |
| Feb 20, 2026 | Robert Zmudka | officer: Sr. VP & Chief Comm. Off. | −5,200 | $192.61 |
Peers
- Trinity Industries
North American railcar leasing and manufacturing overlap
- Greenbrier Companies
Railcar leasing, fleet management, and manufacturing overlap
- AerCap
Global spare-engine leasing scale overlaps engine leasing
- First Citizens BancShares
CIT Rail overlaps railcar and locomotive leasing
- Willis Lease Finance
Focused aircraft-engine leasing and services overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| GATX | $177.60 | +0.06% | $6.31B | 17.5 | 17.2 | 3.1 | +34.8% |
| Trinity Industries | $29.27 | +0.03% | $2.33B | 7.0 | 16.6 | 1.1 | −4.2% |
| Greenbrier Companies | $45.91 | −0.09% | $1.42B | 13.5 | 13.3 | 0.5 | −31.6% |
| AerCap | $147.70 | +0.18% | $23.26B | 7.3 | 8.7 | 2.8 | +14.9% |
| First Citizens BancShares | $2,194.07 | +0.07% | $24.99B | 11.7 | 11.7 | 1.7 | −5.5% |
| Willis Lease Finance | $53.42 | −0.11% | $3.83B | 24.3 | 8.7 | 5.0 | −0.8% |
| Median | 11.7 | 11.7 | 1.7 | −4.2% |