GATX CORP
For the period ended Mar 31, 2026. Filed May 7, 2026.
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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, 2026 · Filed May 7, 2026
GATX$187.22+0.7%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
| Three Months EndedMarch 31 | ||
|---|---|---|
| 2026 | 2025 | |
| Revenues | ||
| Lease revenue | $518.7 | $359.6 |
| Non-dedicated engine revenue | 22.1 | 21.5 |
| Other revenue | 42.9 | 40.5 |
| Total Revenues | 583.7 | 421.6 |
| Expenses | ||
| Maintenance expense | 140.7 | 103.5 |
| Depreciation expense | 169.2 | 103.6 |
| Operating lease expense | 7.4 | 7.6 |
| Other operating expense | 21.8 | 16.0 |
| Selling, general and administrative expense | 71.3 | 56.6 |
| Total Expenses | 410.4 | 287.3 |
| Other Income (Expense) | ||
| Net gain on asset dispositions | 51.0 | 33.4 |
| Interest expense, net | (151.0) | (94.9) |
| Other income (expense) | 6.2 | (2.7) |
| Income before Income Taxes and Share of Affiliates’ Earnings | 79.5 | 70.1 |
| Income taxes | (21.2) | (16.6) |
| Share of affiliates' earnings, net of taxes | 20.8 | 25.1 |
| Net Income | $79.1 | $78.6 |
| Less: Net Loss Attributable to Non-Controlling Interest | (6.4) | — |
| Net Income Attributable to GATX | $85.5 | $78.6 |
| GATX Share Data | ||
| Basic earnings per share | $2.35 | $2.15 |
| Average number of common shares | 35.7 | 35.9 |
| Diluted earnings per share | $2.35 | $2.15 |
| Average number of common shares and common share equivalents | 35.8 | 36.0 |
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