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GATX GATX Portfolio Management — Depreciation expense

Other segment segments

Rail North America
$126.7M+80.0%
Rail International
$27.8M+38.3%
Other
$4.1M+10.8%

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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 gmt:DepreciationProduction.

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
Total Revenues436.7105.231.610.2583.7
Expenses
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)

Item 1. Financial Statements

FAQ

What is GATX's portfolio management — depreciation expense?
GATX (GATX) reported portfolio management — depreciation expense of $10.6M in Q1 2026.
How has GATX's portfolio management — depreciation expense changed year-over-year?
GATX's portfolio management — depreciation expense increased by 12.8% year-over-year, from $9.4M to $10.6M.
What is the long-term trend for GATX's portfolio management — depreciation expense?
Over 2 years (2022 to 2024), GATX's portfolio management — depreciation expense has grown at a 45.7% compound annual growth rate (CAGR), from $17.8M to $37.8M.
What does portfolio management — depreciation expense mean?
The systematic allocation of the cost of tangible assets over their estimated useful lives within the portfolio management segment. It reflects the non-cash reduction in asset value due to wear, tear, or obsolescence.

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