GATX CORP

For the period ended Mar 31, 2025. Filed Apr 25, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 25, 2025

GATX$187.22+0.7%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Comprehensive Income (Unaudited)

(In millions, except per share data)

	Three Months EndedMarch 31
	2025	2024
Revenues
Lease revenue	$359.6	$333.3
Non-dedicated engine revenue	21.5	13.2
Other revenue	40.5	33.4
Total Revenues	421.6	379.9
Expenses
Maintenance expense	103.5	91.4
Depreciation expense	103.6	96.0
Operating lease expense	7.6	9.0
Other operating expense	16.0	13.6
Selling, general and administrative expense	56.6	55.9
Total Expenses	287.3	265.9
Other Income (Expense)
Net gain on asset dispositions	33.4	36.2
Interest expense, net	(94.9)	(77.8)
Other (expense) income	(2.7)	0.8
Income before Income Taxes and Share of Affiliates’ Earnings	70.1	73.2
Income taxes	(16.6)	(18.6)
Share of affiliates' earnings, net of taxes	25.1	19.7
Net Income	$78.6	$74.3
Other Comprehensive Income (Loss), Net of Taxes
Foreign currency translation adjustments	$46.7	$(14.4)
Unrealized gain on derivative instruments	0.5	0.1
Post-retirement benefit plans	—	4.5
Other comprehensive income (loss)	47.2	(9.8)
Comprehensive Income	$125.8	$64.5
Share Data
Basic earnings per share	$2.15	$2.04
Average number of common shares	35.9	35.8
Diluted earnings per share	$2.15	$2.03
Average number of common shares and common share equivalents	36.0	35.9

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.