GATX Corporation (GATX) Financial Statements (2024 and earlier)

Company Profile

Business Address 233 SOUTH WACKER DRIVE
CHICAGO, IL 60606-7147
State of Incorp. NY
Fiscal Year End December 31
Industry (SIC) 47 - Transportation Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q2
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments317,500177,400 596,300180,300649,300
Cash and cash equivalents317,500177,400 596,300180,300649,300
Receivables70,00070,800 71,90068,40069,900
Total current assets:387,500248,200 668,200248,700719,200
Noncurrent Assets
Operating lease, right-of-use asset228,400235,400 246,400254,400262,800
Property, plant and equipment8,870,7008,491,900 7,858,2007,890,9007,874,900
Long-term investments and receivables611,700597,600 604,300596,500585,000
Long-term investments611,700597,600 604,300596,500585,000
Intangible assets, net (including goodwill)119,000118,300 109,300115,300120,300
Goodwill119,000118,300 109,300115,300120,300
Total noncurrent assets:9,829,8009,443,200 8,818,2008,857,1008,843,000
Other undisclosed assets372,800356,700 389,000418,400346,400
TOTAL ASSETS:10,590,10010,048,100 9,875,4009,524,2009,908,600
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt10,90020,300 16,30020,00018,600
Total current liabilities:10,90020,300 16,30020,00018,600
Noncurrent Liabilities
Liabilities, other than long-term debt1,066,6001,049,100 1,007,5001,005,8001,013,500
Deferred income tax liabilities1,066,6001,049,100 1,007,5001,005,8001,013,500
Total noncurrent liabilities:1,066,6001,049,100 1,007,5001,005,8001,013,500
Other undisclosed liabilities7,333,7006,877,200 6,911,1006,516,9006,815,700
Total liabilities:8,411,2007,946,600 7,934,9007,542,7007,847,800
Equity
Equity, attributable to parent2,178,9002,101,500 1,940,5001,981,5002,060,800
Common stock42,50042,400 42,40042,40042,400
Treasury stock, value(1,424,900)(1,424,900) (1,424,900)(1,419,900)(1,386,700)
Additional paid in capital807,800797,500 787,900784,700781,500
Accumulated other comprehensive loss(178,100)(202,100) (266,600)(217,300)(184,500)
Retained earnings2,931,6002,888,600 2,801,7002,791,6002,808,100
Total equity:2,178,9002,101,500 1,940,5001,981,5002,060,800
TOTAL LIABILITIES AND EQUITY:10,590,10010,048,100 9,875,4009,524,2009,908,600

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q2
6/30/2022
Q2
3/31/2022
Q1
Revenues343,200338,900 321,000312,700316,600
Operating lease, lease income305,600299,300 290,100282,600281,100
Cost of revenue
(Cost of Goods and Services Sold)
(82,300)(83,900) (75,900)(70,800)(74,600)
Gross profit:260,900255,000 245,100241,900242,000
Operating expenses(248,800)(246,100) (233,500)(230,900)(235,300)
Operating income:12,1008,900 11,60011,0006,700
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(4,900)(4,000) (2,500)(11,300)(2,000)
Interest and debt expense(63,700)(59,000) (53,600)(51,900)(51,200)
Other undisclosed income from continuing operations before equity method investments, income taxes123,400131,000 79,80046,600148,300
Income (loss) from continuing operations before equity method investments, income taxes:66,90076,900 35,300(5,600)101,800
Income (loss) from equity method investments14,00020,700 7,50010,900(3,600)
Income from continuing operations before income taxes:80,90097,600 42,8005,30098,200
Income tax expense(17,600)(20,200) (13,700)(2,700)(22,400)
Income from continuing operations:63,30077,400 29,1002,60075,800
Income before gain (loss) on sale of properties:29,1002,60075,800
Net income attributable to parent:63,30077,400 29,1002,60075,800
Undistributed earnings (loss) allocated to participating securities, basic(1,300)     
Net income available to common stockholders, diluted:62,00077,400 29,1002,60075,800

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q2
6/30/2022
Q2
3/31/2022
Q1
Net income:63,30077,400 29,1002,60075,800
Comprehensive income:63,30077,400 29,1002,60075,800
Other undisclosed comprehensive income (loss), net of tax, attributable to parent24,0009,500 (49,300)(32,800)(23,900)
Comprehensive income (loss), net of tax, attributable to parent:87,30086,900 (20,200)(30,200)51,900

Statements Sources

The financial statements are based on the Company's filings with 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.

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