GATX Corporation

GATX Industrials Rental & Leasing Services

GATX Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.7 billion, up 9.77% from fiscal 2024.

Revenue
+36.1%
EPS
+30.2%
Free cash flow
+145.4%
Total debt
+34.6%

Quarter to September 2026, against a year earlier

187.41 3.31 −1.74%
Market cap
$6.5B
P/E
17.4×
Fwd P/E
17.8×
Dividend yield
1.38%
F-score
5/9
Altman Z
1.04
Beneish M
−2.62
Dividend safety
45/100

GATX Corporation (GATX) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Rail North America 1,186 68.17%
Rail International 388 22.28%
Engine Leasing 125 7.18%
Other 41 2.37%
Gross margin 73.76%
Operating margin 30.69%
Pre-tax margin 16.04%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
Rail North America 1,186 1,099 983 908 892 934 965 942 977 1,019 1,007 928 817 765 742 720 —
Rail International 388 350 310 275 284 258 228 218 197 189 180 199 189 168 168 148 —
Engine Leasing 125 97 77 54 48 17 10 16 30 57 93 97 87 67 64 57 75
Other 41 39 42 36 34 0 0 0 0 0 0 0 0 0 0 0 1
Asc — — — — — — — — 173 154 170 227 228 243 216 189 133
Rail — — — — — — — — — — — — — — — — 916
Revenue 1,740 1,586 1,411 1,273 1,257 1,209 1,202 1,175 1,377 1,418 1,450 1,451 1,321 1,243 1,191 1,114 1,125

Revenue by region $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
UNITED STATES 1,019 948 863 806 789 834 871 842 1,053 1,098 1,121 1,105 989 963 913 843 898
Non-US 721 637 548 467 469 375 331 334 324 321 329 346 332 280 279 271 227
Revenue 1,740 1,586 1,411 1,273 1,257 1,209 1,202 1,175 1,377 1,418 1,450 1,451 1,321 1,243 1,191 1,114 1,125

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Average renewal lease rate change Q3 FY2026 12.4% 22.8% —
Average renewal term Q3 FY2026 52.00 60.00 −13.33%
Boxcar fleet average active railcars Q3 FY2026 8.9K 7.4K +20.19%
Boxcar fleet cars added Q3 FY2026 140.00 172.00 −18.60%
Boxcar fleet cars scrapped Q3 FY2026 −280.00 −285.00 +1.75%
Boxcar fleet cars sold Q1 FY2026 −289.00 — —
Boxcar fleet ending balance Q3 FY2026 9.0K 7.5K +20.30%
Boxcar fleet utilization Q3 FY2026 97.9% 96.9% —
Rail Europe cars added Q3 FY2026 206.00 328.00 −37.20%
Rail Europe cars scrapped or sold Q3 FY2026 −212.00 −248.00 +14.52%
Rail Europe fleet ending balance Q3 FY2026 36.7K 30.6K +20.08%
Rail Europe fleet utilization Q3 FY2026 96.1% 93.7% —
Rail North America average active railcars Q3 FY2026 188.4K 100.9K +86.69%
Rail North America cars added Q3 FY2026 325.00 366.00 −11.20%
Rail North America cars scrapped Q3 FY2026 −731.00 −478.00 −52.93%
Rail North America cars sold Q3 FY2026 −2.1K −917.00 −132.17%
Rail North America fleet ending balance Q3 FY2026 190.1K 101.3K +87.69%
Rail North America fleet utilization Q3 FY2026 98.4% 98.9% —
Rail North America wholly owned fleet Q4 FY2025 107.6K 111.4K −3.41%
Renewal success rate Q3 FY2026 86.1% 87.1% —

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.