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)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments450,700203,100317,500177,400 596,300
Cash and cash equivalents450,700203,100317,500177,400 596,300
Receivables87,90075,20070,00070,800 71,900
Total current assets:538,600278,300387,500248,200 668,200
Noncurrent Assets
Operating lease, right-of-use asset212,000220,200228,400235,400 246,400
Property, plant and equipment9,411,2009,015,4008,870,7008,491,900 7,858,200
Long-term investments and receivables627,000626,900611,700597,600 604,300
Long-term investments627,000626,900611,700597,600 604,300
Intangible assets, net (including goodwill)120,000116,000119,000118,300 109,300
Goodwill120,000116,000119,000118,300 109,300
Prepaid expense 14,300     
Total noncurrent assets:10,384,5009,978,5009,829,8009,443,200 8,818,200
Other undisclosed assets402,900390,700372,800356,700 389,000
TOTAL ASSETS:11,326,00010,647,50010,590,10010,048,100 9,875,400
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt11,00012,30010,90020,300 16,300
Total current liabilities:11,00012,30010,90020,300 16,300
Noncurrent Liabilities
Liabilities, other than long-term debt1,119,2001,072,2001,066,6001,049,100 1,007,500
Deferred income tax liabilities1,081,1001,072,2001,066,6001,049,100 1,007,500
Other liabilities 38,100     
Total noncurrent liabilities:1,119,2001,072,2001,066,6001,049,100 1,007,500
Other undisclosed liabilities7,922,8007,388,5007,333,7006,877,200 6,911,100
Total liabilities:9,053,0008,473,0008,411,2007,946,600 7,934,900
Equity
Equity, attributable to parent2,273,0002,174,5002,178,9002,101,500 1,940,500
Common stock42,50042,50042,50042,400 42,400
Treasury stock, value(1,427,500)(1,424,900)(1,424,900)(1,424,900) (1,424,900)
Additional paid in capital816,100813,100807,800797,500 787,900
Accumulated other comprehensive loss(167,600)(219,900)(178,100)(202,100) (266,600)
Retained earnings3,009,5002,963,7002,931,6002,888,600 2,801,700
Total equity:2,273,0002,174,5002,178,9002,101,500 1,940,500
TOTAL LIABILITIES AND EQUITY:11,326,00010,647,50010,590,10010,048,100 9,875,400

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

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q2
Revenues368,700360,100343,200338,900 321,000
Operating lease, lease income 313,900305,600299,300 290,100
Cost of revenue 253,700(87,900)(82,300)(83,900) (75,900)
Cost of goods and services sold  (87,900)(82,300)(83,900) (75,900)
Gross profit:622,400272,200260,900255,000 245,100
Operating expenses(270,900)(257,100)(248,800)(246,100) (233,500)
Operating income:351,50015,10012,1008,900 11,600
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(2,300)1,800(4,900)(4,000) (2,500)
Interest and debt expense(72,600)(68,100)(63,700)(59,000) (53,600)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(228,500)104,800123,400131,000 79,800
Income from continuing operations before equity method investments, income taxes:48,10053,60066,90076,900 35,300
Income from equity method investments24,30013,40014,00020,700 7,500
Income from continuing operations before income taxes:72,40067,00080,90097,600 42,800
Income tax expense(6,400)(14,500)(17,600)(20,200) (13,700)
Income from continuing operations:66,00052,50063,30077,400 29,100
Income before gain (loss) on sale of properties:29,100
Net income attributable to parent:66,00052,50063,30077,400 29,100
Undistributed earnings (loss) allocated to participating securities, basic(1,200)(900)(1,300)   
Net income available to common stockholders, diluted:64,80051,60062,00077,400 29,100

Comprehensive Income ($ in thousands)

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q2
Net income:66,00052,50063,30077,400 29,100
Comprehensive income:66,00052,50063,30077,400 29,100
Other undisclosed comprehensive income (loss), net of tax, attributable to parent52,300(41,800)24,0009,500 (49,300)
Comprehensive income (loss), net of tax, attributable to parent:118,30010,70087,30086,900 (20,200)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: