GATX (GATX)
(Delayed Data from NYSE)
$127.51 USD
-0.48 (-0.38%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $127.49 -0.02 (-0.02%) 7:58 PM ET
2-Buy of 5 2
C Value F Growth A Momentum D VGM
Company Summary
Based in Chicago, IL, GATX Corporation leases, operates and manages long-lasting, widely used assets in rail, marine and industrial equipment markets. GATX also invests in joint ventures that complement existing business activities. The company is a leader in leasing transportation assets and controls a large railcar fleet.
The company, founded in 1898, owns fleets in North America, Asia and Europe. The company also operates the largest fleet of U.S.-flagged vessels on the Great Lakes and, jointly with Rolls-Royce plc, is the owner of one of the largest aircraft spare engine lease portfolios globally. ...
Company Summary
Based in Chicago, IL, GATX Corporation leases, operates and manages long-lasting, widely used assets in rail, marine and industrial equipment markets. GATX also invests in joint ventures that complement existing business activities. The company is a leader in leasing transportation assets and controls a large railcar fleet.
The company, founded in 1898, owns fleets in North America, Asia and Europe. The company also operates the largest fleet of U.S.-flagged vessels on the Great Lakes and, jointly with Rolls-Royce plc, is the owner of one of the largest aircraft spare engine lease portfolios globally. Its fiscal year coincides with the calendar year.
The company reports its results through the following segments:
- Rail North America (accounted for 70% of 2023 revenue) comprises of the company’s operations in the United States, Canada, and Mexico, in addition to two affiliate investments. The segment is responsible for offering railcars pursuant to full-service leases . The railcars have an average age of roughly 20 years.
- Rail International (22%) comprises primarily of the company’s operations in Europe (Rail Europe). The railcar leasing business in India (Rail India) which began operating in 2012 apart from a development stage affiliate in China also fall under the segment. Rail Europe, through its service centers, is responsible for the repairs, regulatory compliance and modernization for owned railcars. The railcars have expected useful lives of 30 to 40 years apart from an average age of approximately 18 years.
- Portfolio Management (5.4%) offers operating leases, direct finance leases and loans, and extends its market reach through joint venture investments. During 2015, the company announced its plan to exit majority of its non-core, marine investments within the Portfolio Management unit. The American Steamship Company segment was sold to Rand Logistics in May 2020. Notably, the 260-million (subject to working capital and other closing adjustments) stock purchase deal was inked in February. The balance came from others.
General Information
GATX Corporation
233 SOUTH WACKER DRIVE
CHICAGO, IL 60606
Phone: 312-621-6200
Fax: 312-621-6648
Web: http://www.gatx.com
Email: ir@gatx.com
| Industry | Transportation - Equipment and Leasing |
| Sector | Transportation |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Exp Earnings Date | 7/23/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 1.82 |
| Current Year EPS Consensus Estimate | 7.55 |
| Estimated Long-Term EPS Growth Rate | NA |
| Exp Earnings Date | 7/23/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 127.99 |
| 52 Week High | 135.66 |
| 52 Week Low | 97.21 |
| Beta | 0.98 |
| 20 Day Moving Average | 134,123.55 |
| Target Price Consensus | 134.75 |
| 4 Week | -4.86 |
| 12 Week | 4.53 |
| YTD | 6.06 |
| 4 Week | -1.98 |
| 12 Week | 1.64 |
| YTD | -0.80 |
| Shares Outstanding (millions) | 35.54 |
| Market Capitalization (millions) | 4,531.46 |
| Short Ratio | NA |
| Last Split Date | 6/2/1998 |
| Dividend Yield | 1.82% |
| Annual Dividend | $2.32 |
| Payout Ratio | 0.34 |
| Change in Payout Ratio | -0.05 |
| Last Dividend Payout / Amount | 2/29/2024 / $0.58 |
Fundamental Ratios
| P/E (F1) | 16.89 |
| Trailing 12 Months | 18.43 |
| PEG Ratio | NA |
| vs. Previous Year | -8.64% |
| vs. Previous Quarter | 15.52% |
| vs. Previous Year | 12.10% |
| vs. Previous Quarter | 3.04% |
| Price/Book | 1.95 |
| Price/Cash Flow | 6.97 |
| Price / Sales | 3.12 |
| 3/31/24 | 11.29 |
| 12/31/23 | 11.81 |
| 9/30/23 | 11.75 |
| 3/31/24 | 2.29 |
| 12/31/23 | 2.42 |
| 9/30/23 | 2.41 |
| 3/31/24 | 3.39 |
| 12/31/23 | 2.79 |
| 9/30/23 | 1.84 |
| 3/31/24 | NA |
| 12/31/23 | 2.79 |
| 9/30/23 | 1.84 |
| 3/31/24 | 17.40 |
| 12/31/23 | 18.26 |
| 9/30/23 | 18.26 |
| 3/31/24 | 17.64 |
| 12/31/23 | 18.37 |
| 9/30/23 | 17.70 |
| 3/31/24 | 16.65 |
| 12/31/23 | 17.40 |
| 9/30/23 | 17.80 |
| 3/31/24 | 65.40 |
| 12/31/23 | 64.03 |
| 9/30/23 | 61.25 |
| 3/31/24 | NA |
| 12/31/23 | NA |
| 9/30/23 | NA |
| 3/31/24 | 3.28 |
| 12/31/23 | 3.26 |
| 9/30/23 | 3.15 |
| 3/31/24 | 76.66 |
| 12/31/23 | 76.50 |
| 9/30/23 | 75.90 |