GATX Corporation (GATX) financial statements (2021 and earlier)
Company profile
| Business Address |
233 SOUTH WACKER DRIVE CHICAGO, IL 60606-7147 |
| State of Incorp. | NY |
| Fiscal Year End | December 31 |
| SIC | 47 - Transportation Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 100 | 297 | 308 | 202 | 210 | |||
| Cash and cash equivalents | 100 | 297 | 308 | 202 | 210 | |||
| Receivables | 87 | 83 | 86 | 69 | 86 | |||
| Total current assets: | 187 | 380 | 393 | 272 | 296 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 6,550 | 6,192 | 5,805 | 5,698 | 5,688 | |||
| Long-term investments and receivables | 465 | 441 | 387 | 349 | 358 | |||
| Long-term investments | 465 | 441 | 387 | 349 | 358 | |||
| Intangible assets, net (including goodwill) | 83 | 86 | 78 | 80 | 86 | |||
| Goodwill | 83 | 86 | 78 | 80 | 86 | |||
| Regulated entity, other noncurrent assets | 19 | |||||||
| Disposal group, including discontinued operation, noncurrent assets | 90 | 106 | 6 | |||||
| Defined benefit plan, assets for plan benefits | ✕ | ✕ | ✕ | 1 | 1 | |||
| Total noncurrent assets: | 7,097 | 6,719 | 6,360 | 6,252 | 6,138 | |||
| Other undisclosed assets | 333 | 324 | 352 | 370 | 504 | |||
| TOTAL ASSETS: | 7,617 | 7,422 | 7,105 | 6,894 | 6,938 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Debt | 111 | 4 | 4 | 7 | 72 | |||
| Total current liabilities: | 111 | 4 | 4 | 7 | 72 | |||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 43 | 29 | 42 | 34 | 37 | |||
| Other liabilities | 43 | 29 | 42 | 34 | 37 | |||
| Total noncurrent liabilities: | 43 | 29 | 42 | 34 | 37 | |||
| Other undisclosed liabilities | 5,675 | 5,596 | 5,712 | 5,573 | 5,515 | |||
| Total liabilities: | 5,829 | 5,630 | 5,758 | 5,614 | 5,624 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 1,788 | 1,793 | 1,347 | 1,280 | 1,314 | |||
| Common stock | 42 | 42 | 42 | 42 | 41 | |||
| Treasury stock, value | (1,215) | (1,099) | (999) | (879) | (754) | |||
| Additional paid in capital | 706 | 698 | 688 | 677 | 673 | |||
| Accumulated other comprehensive loss | (165) | (110) | (211) | (199) | (148) | |||
| Retained earnings | 2,419 | 2,262 | 1,828 | 1,639 | 1,502 | |||
| Total stockholders' equity: | 1,788 | 1,793 | 1,347 | 1,280 | 1,314 | |||
| TOTAL LIABILITIES AND EQUITY: | 7,617 | 7,422 | 7,105 | 6,894 | 6,938 | |||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 1,361 | 1,377 | 1,418 | 1,450 | 1,451 | ||
| Revenue, net | ✕ | ✕ | 193 | 199 | 235 | 370 | |
| Cost of revenue | (1) | (4) | (7) | (338) | |||
| Cost of goods and services sold | (337) | ||||||
| Financial services costs | ✕ | ✕ | (1) | (4) | (7) | (1) | |
| Gross profit: | 1,361 | 1,376 | 1,414 | 1,443 | 1,113 | ||
| Operating expenses | (1,048) | (1,045) | (1,051) | (1,091) | (1,135) | ||
| Operating income (loss): | 313 | 331 | 363 | 353 | (22) | ||
| Nonoperating expense | (22) | (11) | (12) | (13) | (17) | ||
| Foreign currency transaction loss, before tax | (3) | ||||||
| Other nonoperating expense | (22) | (11) | (12) | (13) | (14) | ||
| Interest and debt expense | (169) | (161) | (148) | (155) | (158) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 73 | 55 | 102 | 86 | 428 | ||
| Income from continuing operations before equity method investments, income taxes: | 195 | 214 | 305 | 270 | 231 | ||
| Income from equity method investments | 50 | 44 | 47 | 46 | 50 | ||
| Income from continuing operations before income taxes: | 245 | 258 | 353 | 316 | 281 | ||
| Income tax expense (benefit) | (34) | 244 | (96) | (111) | (76) | ||
| Net income available to common stockholders, diluted: | 211 | 502 | 257 | 205 | 205 | ||
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 211 | 502 | 257 | 205 | 205 | ||
| Other comprehensive income (loss) | (38) | 47 | (16) | (63) | (122) | ||
| Comprehensive income: | 173 | 549 | 242 | 142 | 83 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 3 | 55 | 3 | 13 | 16 | ||
| Comprehensive income, net of tax, attributable to parent: | 176 | 604 | 245 | 155 | 99 | ||
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.