GATX CORP

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Income

(In millions, except per share data)

	Year Ended December 31
	2025	2024	2023
Revenues
Lease revenue	$1,486.2	$1,381.1	$1,251.4
Non-dedicated engine revenue	86.7	64.6	37.6
Marine operating revenue	—	—	6.9
Other revenue	167.5	139.8	115.0
Total Revenues	1,740.4	1,585.5	1,410.9
Expenses
Maintenance expense	427.7	381.6	344.8
Depreciation expense	431.8	402.4	376.3
Operating lease expense	28.9	33.9	36.0
Marine operating expense	—	—	6.5
Other operating expense	65.3	57.7	46.6
Selling, general and administrative expense	252.6	236.3	212.7
Total Expenses	1,206.3	1,111.9	1,022.9
Other Income (Expense)
Net gain on asset dispositions	136.9	138.3	130.3
Interest expense, net	(391.5)	(341.0)	(263.4)
Other expense	(0.4)	(9.5)	(9.4)
Income before Income Taxes and Share of Affiliates’ Earnings	279.1	261.4	245.5
Income taxes	(63.1)	(60.0)	(58.7)
Share of affiliates’ earnings, net of taxes	117.3	82.8	72.4
Net Income	$333.3	$284.2	$259.2
Less: Net Income Attributable to Non-Controlling Interest	—	—	—
Net Income Attributable to GATX	$333.3	$284.2	$259.2
GATX Share Data
Basic earnings per share	$9.14	$7.80	$7.13
Average number of common shares	35.8	35.8	35.7
Diluted earnings per share	$9.12	$7.78	$7.12
Average number of common shares and common share equivalents	35.9	35.9	35.7

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.