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GATX GATX CapEx

Discontinued — last reported Q4 '23

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Other financials

Income statement

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Revenue$583.7M+38.4%
Net income$85.5M+8.8%
EPS (diluted)$2.35+9.3%

Balance sheet

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Cash & equivalents$740.9M-2.2%
Total debt$12.7B+40.4%
Total equity$2.8B+9.0%
Total assets$17.9B+38.4%

Cash flow

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Operating cash flow$199.1M+60.3%
Free cash flow-$286.2M-58.5%

Valuation

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Market cap$6.34B+17.0%
Enterprise value$18.27B+32.6%
P/E18.6×+1.7×
P/S3.3×+0.1×

Profitability

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Net margin17.9%+0.2pp
FCF margin-81.1%+61.1pp

Returns & leverage

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Return on equity12.8%+0.9pp
Debt / equity4.6×+1.0×

Where this comes from

Reported directly by GATX in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: GATX’s 10-K, filed February 16, 2024.

Filed
Feb 16, 2024
Fiscal year
FY2023
Accession
0000040211-24-000023
Line itemYear Ended December 31 / 2023Year Ended December 31 / 2022Year Ended December 31 / 2021
Changes in working capital items(6.4)15.123.5
Net cash provided by operating activities of continuing operations520.4533.5507.2
Investing Activities
Additions to operating assets and facilities(1,665.0)(1,255.8)(1,130.1)
Acquisition of new businesses(1.4)
Investments in affiliates(0.4)
Portfolio investments and capital additions(1,665.0)(1,255.8)(1,131.9)
Portfolio proceeds272.8269.6187.1

Item 8. Financial Statements and Supplementary Data

FAQ

What is GATX's capex?
GATX (GATX) reported capex of $416.25M in Q4 2023.
How has GATX's capex changed year-over-year?
GATX's capex increased by 32.6% year-over-year, from $313.95M to $416.25M.
What is the long-term trend for GATX's capex?
Over 2 years (2021 to 2023), GATX's capex has grown at a 21.4% compound annual growth rate (CAGR), from $1.13B to $1.67B.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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