GATX Past Earnings Performance
Past criteria checks 3/6
GATX has been growing earnings at an average annual rate of 20.6%, while the Trade Distributors industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 8.7% per year. GATX's return on equity is 9.1%, and it has net margins of 17.6%.
Key information
20.58%
Earnings growth rate
20.24%
EPS growth rate
| Trade Distributors Industry Growth | 23.44% |
| Revenue growth rate | 8.67% |
| Return on equity | 9.13% |
| Net Margin | 17.59% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 02
GATX: Wells Fargo Fleet Integration And Tight Railcar Supply Will Support Upside
Analysts have raised their GATX price targets by approximately $8 to $11, citing updated views on fair value, discount rates, revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent research updates on GATX focus on how its valuation lines up with revised assumptions around fair value, discount rates, revenue growth, profit margins, and future P/E levels.Narrative Update • May 11
GATX: Supply Constraints And Fleet Expansion Will Support Medium Term Upside Potential
Analysts have nudged their central price view on GATX higher, with the updated fair value estimate moving from $215.75 to $218.00, as they factor in recent target increases tied to the supply constrained railcar market and longer term fleet growth visibility. Analyst Commentary Recent Street research on GATX has centered on how the supply constrained railcar market and longer term fleet growth visibility feed into valuation, as well as whether these positives are already reflected in the stock price.Narrative Update • Apr 26
GATX: Supply Constraints And Fleet Expansion Outlook Will Shape Balanced Risk Profile
Analysts have modestly raised their average price target on GATX to $215.75, citing what they view as attractive valuation following Citi's upgrade to Buy and Susquehanna's move to a $220 target, supported by their views on a supply constrained railcar market and long term fleet growth visibility. Analyst Commentary Recent research shows a mix of optimism and caution around GATX, with several firms fine tuning ratings and price targets as they reassess valuation and execution risks.Narrative Update • Apr 12
GATX: Brookfield Joint Venture And Supply Constraints Will Support Future Fleet Expansion
Analysts have made a small upward adjustment to the GATX fair value estimate, increasing it by $0.25 to $215.75. This change reflects updated views on revenue growth, margins, and long term P/E expectations informed by recent price target changes and valuation calls on the stock.Narrative Update • Mar 28
GATX: Brookfield Joint Venture Synergies Will Drive Future Railcar Fleet Expansion
Analysts have made only a modest adjustment to their outlook on GATX, with the latest price targets clustered around $210 to $220 as they balance previously highlighted benefits from the Brookfield joint venture synergies and a supply constrained railcar market against the current valuation. Analyst Commentary Recent commentary around GATX has become more balanced, with upbeat views on the company’s railcar positioning and joint venture economics offset by concerns that much of this story may already be reflected in the share price.Narrative Update • Mar 12
GATX: Brookfield Synergies And Tight Railcar Supply Will Support Future Upside
Analysts have modestly raised their price targets on GATX into a $210 to $220 range, reflecting updated views that joint venture synergies and a tight railcar supply backdrop are already largely reflected in the share price, while still supporting longer term fleet growth potential. Analyst Commentary Bullish Takeaways Bullish analysts see the Brookfield joint venture as a key driver for long term fleet growth, with synergies already informing higher valuation frameworks.Narrative Update • Feb 26
GATX: Brookfield Synergies And Railcar Tightness Will Support Re Rating Potential
GATX's analyst price target has increased from $208.50 to $215.50, as analysts weigh higher profit margin assumptions and updated P/E expectations against mixed views on valuation and on how fully Brookfield joint venture synergies and railcar market tightness are already reflected in the shares. Analyst Commentary Recent research on GATX highlights a split view, with some analysts focusing on growth opportunities tied to railcar supply conditions and joint venture benefits, while others question how much of that upside is already reflected in the current share price.Narrative Update • Feb 12
GATX: Brookfield Joint Venture Will Test Fairly Valued Re Rating Expectations
Analysts have raised their GATX price targets by roughly $19 to $20, reflecting updated views that the Brookfield joint venture, related estimate revisions, and potential valuation re-rating support a higher implied value for the shares. Analyst Commentary Bullish analysts are responding to the Brookfield joint venture and related estimate revisions with higher price targets, pointing to a richer implied value for GATX if the company can execute on the partnership and supply side backdrop.Narrative Update • Jan 29
GATX: Brookfield Joint Venture Is Expected To Support Higher Future Earnings Multiple
GATX's analyst price target has been raised by about $15 to $208.50, reflecting updated views on the Brookfield joint venture, revised assumptions for growth and margins, and a higher future P/E multiple that analysts consider more consistent with recent research commentary. Analyst Commentary Recent Street research on GATX has centered on the Brookfield joint venture, updated earnings models, and how these roll up into higher price targets and P/E assumptions.Narrative Update • Jan 14
GATX: Brookfield Joint Venture And Supply Conditions Will Shape Earnings Outlook
Narrative Update on GATX The analyst price target for GATX has been raised by about $5, reflecting updated views on revenue, profitability and P/E assumptions. Analysts cite the Brookfield joint venture, expected synergies and tighter industry supply as key reasons for their revised outlook.Analysis Article • Dec 31
There's Reason For Concern Over GATX Corporation's (NYSE:GATX) Price
With a median price-to-earnings (or "P/E") ratio of close to 19x in the United States, you could be forgiven for...Analysis Article • Nov 07
Solid Earnings May Not Tell The Whole Story For GATX (NYSE:GATX)
The stock price didn't jump after GATX Corporation ( NYSE:GATX ) posted decent earnings last week. We did some digging...Seeking Alpha • Oct 24
Don't Let GATX Derail Your Portfolio
Summary GATX Corporation (GATX) remains a solid business with a strong dividend history, but current shares offer inferior returns versus risk-free Treasuries. Recent financials show revenue and net income growth, but rising long-term debt is a concern, though the dividend remains well covered at a 28% payout ratio. GATX's 1.5% dividend yield is far below the 4% Treasury yield, requiring unsustainable dividend growth to match risk-free cash flows over a decade. Given stretched stock valuations and superior risk-adjusted returns from Treasuries, I recommend avoiding GATX at current levels unless the yield rises significantly. Read the full article on Seeking AlphaNarrative Update • Sep 23
Expanding Rail Leasing North America And India Will Unlock Value
Analysts have raised their price target for GATX to $188.75, citing long-term growth drivers in leasing, upside from the Brookfield joint venture, and constrained supply supporting railcar fundamentals. Analyst Commentary Bullish analysts see attractive long-term growth drivers in transportation equipment manufacturing, leasing, and shipping.Narrative Update • Sep 05
Expanding Rail Leasing North America And India Will Unlock Value
Analysts maintain a constructive outlook on GATX, citing strong railcar leasing fundamentals, constrained supply, elevated lease rates, and underestimated earnings contribution from the Wells acquisition, resulting in the consensus price target holding steady at $184.67. Analyst Commentary Bullish analysts cite improving railcar leasing fundamentals as supporting a higher price target.Analysis Article • Aug 01
GATX Corporation (NYSE:GATX) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
The quarterly results for GATX Corporation ( NYSE:GATX ) were released last week, making it a good time to revisit its...Analysis Article • Jul 21
Should You Be Adding GATX (NYSE:GATX) To Your Watchlist Today?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Jun 14
Is GATX Corporation (NYSE:GATX) Potentially Undervalued?
GATX Corporation ( NYSE:GATX ), is not the largest company out there, but it saw significant share price movement...Seeking Alpha • Dec 26
After The Price Run, GATX Even Less Compelling Than Treasuries
Summary GATX's financial performance has been good, but its debt has increased by 88% over six years, raising concerns about sustainability. The company's dividend payout ratio is low, but massive investments and obligations suggest future dividend growth is unlikely to match Treasury yields. GATX's cash from operations is insufficient to cover investments and obligations without increasing debt, making dividend sustainability questionable. Despite recent stock gains, I urge caution as Treasuries offer more stable and superior risk-adjusted returns compared to GATX. Read the full article on Seeking Alpha
New Narrative • Aug 30
Railcars And Engine Leasing Drive Stellar Growth, Despite Profitability Concerns
GATX's lease rate increases and term extensions suggest sustained high revenue and improved earnings stability from long-term income streams.Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How GATX makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 1,903 | 335 | 257 | 0 |
| 31 Dec 25 | 1,740 | 328 | 242 | 0 |
| 30 Sep 25 | 1,705 | 308 | 238 | 0 |
| 30 Jun 25 | 1,671 | 314 | 233 | 0 |
| 31 Mar 25 | 1,627 | 284 | 233 | 0 |
| 31 Dec 24 | 1,586 | 279 | 232 | 0 |
| 30 Sep 24 | 1,541 | 269 | 227 | 0 |
| 30 Jun 24 | 1,495 | 233 | 221 | 0 |
| 31 Mar 24 | 1,452 | 251 | 216 | 0 |
| 31 Dec 23 | 1,411 | 254 | 209 | 0 |
| 30 Sep 23 | 1,365 | 238 | 211 | 0 |
| 30 Jun 23 | 1,326 | 215 | 209 | 0 |
| 31 Mar 23 | 1,295 | 156 | 207 | 0 |
| 31 Dec 22 | 1,273 | 156 | 205 | 0 |
| 30 Sep 22 | 1,271 | 169 | 206 | 0 |
| 30 Jun 22 | 1,264 | 180 | 205 | 0 |
| 31 Mar 22 | 1,268 | 182 | 203 | 0 |
| 31 Dec 21 | 1,257 | 143 | 203 | 0 |
| 30 Sep 21 | 1,241 | 100 | 187 | 0 |
| 30 Jun 21 | 1,232 | 108 | 183 | 0 |
| 31 Mar 21 | 1,216 | 140 | 180 | 0 |
| 31 Dec 20 | 1,209 | 150 | 173 | 0 |
| 30 Sep 20 | 1,205 | 175 | 181 | 0 |
| 30 Jun 20 | 1,199 | 164 | 180 | 0 |
| 31 Mar 20 | 1,196 | 187 | 179 | 0 |
| 31 Dec 19 | 1,202 | 181 | 182 | 0 |
| 30 Sep 19 | 1,258 | 188 | 226 | 0 |
| 30 Jun 19 | 1,309 | 198 | 190 | 0 |
| 31 Mar 19 | 1,361 | 176 | 182 | 0 |
| 31 Dec 18 | 1,175 | 191 | 186 | 0 |
| 30 Sep 18 | 1,357 | 504 | 151 | 0 |
| 30 Jun 18 | 1,367 | 506 | 188 | 0 |
| 31 Mar 18 | 1,366 | 521 | 194 | 0 |
| 31 Dec 17 | 1,369 | 502 | 182 | 0 |
| 30 Sep 17 | 1,378 | 191 | 174 | 0 |
| 30 Jun 17 | 1,382 | 238 | 174 | 0 |
| 31 Mar 17 | 1,392 | 245 | 173 | 0 |
| 31 Dec 16 | 1,408 | 257 | 169 | 0 |
| 30 Sep 16 | 1,425 | 284 | 171 | 0 |
| 30 Jun 16 | 1,448 | 228 | 173 | 0 |
| 31 Mar 16 | 1,455 | 212 | 177 | 0 |
| 31 Dec 15 | 1,450 | 205 | 183 | 0 |
| 30 Sep 15 | 1,473 | 206 | 191 | 0 |
| 30 Jun 15 | 1,484 | 217 | 192 | 0 |
Quality Earnings: GATX has a high level of non-cash earnings.
Growing Profit Margin: GATX's current net profit margins (17.6%) are higher than last year (17.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GATX's earnings have grown significantly by 20.6% per year over the past 5 years.
Accelerating Growth: GATX's earnings growth over the past year (18%) is below its 5-year average (20.6% per year).
Earnings vs Industry: GATX earnings growth over the past year (18%) exceeded the Trade Distributors industry 3.9%.
Return on Equity
High ROE: GATX's Return on Equity (9.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/14 00:50 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
GATX Corporation is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Mohr Mok | Citigroup Inc |
| John Hecht | Citizens JMP Securities, LLC |
| Kristine Kubacki | CLSA |