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GATX GATX Engine Leasing — Other operating expense

Other segment segments

Rail North America
$13.1M+74.7%
Rail International
$5.3M+15.2%
Other
$300K-72.7%

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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%
CapEx$416.3M+32.6%
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:OtherCostAndExpenseOperating.

The source filing: GATX’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000040211-26-000055
Three Months Ended March 31, 2026Rail North America / Three Months Ended March 31, 2026Rail InternationalEngine LeasingOtherGATX Consolidated
Maintenance expense120.619.11.0140.7
Depreciation expense126.727.810.64.1169.2
Operating lease expense7.47.4
Other operating expense13.15.33.10.321.8
Total Expenses267.852.213.75.4339.1
Other Income (Expense)
Net gain on asset dispositions49.81.10.151.0
Interest (expense) income, net(114.0)(25.0)(13.3)1.3(151.0)

Item 1. Financial Statements

FAQ

What is GATX's engine leasing — other operating expense?
GATX (GATX) reported engine leasing — other operating expense of $3.1M in Q1 2026.
How has GATX's engine leasing — other operating expense changed year-over-year?
GATX's engine leasing — other operating expense increased by 10.7% year-over-year, from $2.8M to $3.1M.
What does engine leasing — other operating expense mean?
This captures the miscellaneous operating costs associated with the engine leasing segment that are not directly categorized as depreciation or maintenance. Monitoring this helps evaluate the operational efficiency and overhead management of the engine leasing business.

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