GATX (GATX) financial statements
GATX reported revenue of $1.7B in fiscal 2025, up 2.3% a year over 9 years.
Net income was $333M and the operating margin 30.7%, against 38.2% in 2016.
The diluted share count fell 12% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from GATX's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.2B | $1.2B | $1.2B | $1.3B | $1.3B | $1.4B | $1.6B | $1.7B |
| Selling, general and admin | $169M | $180M | $182M | $180M | $172M | $198M | $195M | $213M | $236M | $253M |
| Operating income | $542M | $513M | $465M | $462M | $459M | $495M | $535M | $388M | $474M | $534M |
| Interest expense | $148M | $160M | $163M | $180M | $190M | $204M | $214M | $263M | $341M | $392M |
| Pre-tax income | $305M | $214M | $171M | $145M | $125M | $195M | $177M | $246M | $261M | $279M |
| Income tax | $96M | -$244M | $30M | $41M | $37M | $53M | $55M | $59M | $60M | $63M |
| Net income | $257M | $502M | $211M | $211M | $151M | $143M | $156M | $259M | $284M | $333M |
| EPS (diluted) | $6.29 | $12.75 | $5.52 | $5.81 | $4.27 | $3.98 | $4.35 | $7.12 | $7.78 | $9.12 |
| Diluted shares | 41M | 39M | 38M | 36M | 35M | 36M | 36M | 36M | 36M | 36M |
| Operating margin | 38.2% | 37.3% | 39.6% | 38.4% | 38.0% | 39.4% | 42.0% | 27.5% | 29.9% | 30.7% |
| Net margin | 18.1% | 36.5% | 18.0% | 17.6% | 12.5% | 11.4% | 12.2% | 18.4% | 17.9% | 19.2% |
Balance sheet
Fiscal years, from GATX's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $308M | $296M | $100M | $151M | $292M | $344M | $452M | $451M | $402M | $743M |
| Receivables | — | — | — | — | — | — | — | $218M | $199M | $207M |
| Property, plant and equipment | $5.8B | $6.2B | $6.5B | $6.5B | $7.2B | $7.8B | $8.3B | $9.4B | $10.4B | $11.4B |
| Goodwill | $78M | $86M | $83M | $82M | $144M | $123M | $117M | $120M | $114M | $126M |
| Total assets | $7.1B | $7.4B | $7.3B | $8.0B | $8.9B | $9.5B | $10.1B | $11.3B | $12.3B | $18.0B |
| Total liabilities | $5.8B | $5.6B | $5.8B | $6.5B | $7.0B | $7.5B | $8.0B | $9.1B | $9.9B | $14.4B |
| Shareholders' equity | $1.3B | $1.8B | $1.8B | $1.8B | $2.0B | $2.0B | $2.0B | $2.3B | $2.4B | $2.8B |
| Net debt | -$308M | -$296M | -$100M | -$151M | -$292M | -$344M | -$304M | -$451M | -$402M | -$743M |
Cash flow
Fiscal years, from GATX's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $629M | $497M | $485M | $426M | $437M | $507M | $534M | $520M | $602M | $648M |
| Capital spending | $596M | $567M | $914M | $723M | $861M | $1.1B | $1.3B | $1.7B | — | — |
| Free cash flow | $34M | -$70M | -$428M | -$297M | -$424M | -$623M | -$722M | -$1.1B | — | — |
| Stock-based compensation | $16M | $10M | $16M | $12M | $16M | $17M | $13M | $18M | $23M | $25M |
| Dividends paid | $67M | $68M | $69M | $69M | $71M | $74M | $77M | $81M | $85M | $90M |
| Share buybacks (net) | -$120M | -$100M | -$116M | -$150M | $0 | -$13M | -$47M | -$3M | -$22M | -$65M |
| Net borrowing | $56M | $89M | $167M | $238M | $493M | $604M | $598M | $913M | $882M | $4.2B |
| Free cash flow margin | 2.4% | -5.1% | -36.4% | -24.7% | -35.1% | -49.5% | -56.7% | -81.1% | — | — |
| Dividends per share | $1.65 | $1.73 | $1.81 | $1.90 | $2.01 | $2.06 | $2.13 | $2.26 | $2.36 | $2.50 |
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What was GATX's revenue in 2025?
$1.7B in fiscal 2025, from its 10-K filing.
From GATX's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.