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GATX GATX Rail International — Depreciation expense

Other segment segments

Rail North America
$126.7M+80.0%
Portfolio Management
$10.6M
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 rail international — depreciation expense?
GATX (GATX) reported rail international — depreciation expense of $27.8M in Q1 2026.
How has GATX's rail international — depreciation expense changed year-over-year?
GATX's rail international — depreciation expense increased by 38.3% year-over-year, from $20.1M to $27.8M.
What is the long-term trend for GATX's rail international — depreciation expense?
Over 3 years (2022 to 2025), GATX's rail international — depreciation expense has grown at a 9.4% compound annual growth rate (CAGR), from $69.1M to $90.5M.
What does rail international — depreciation expense mean?
The systematic allocation of the cost of tangible railcar assets over their estimated useful lives within the international segment. This non-cash expense reflects the ongoing consumption of the capital asset base.

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