Question 1

What is GATX's rail north america — depreciation expense?

Accepted Answer

GATX (GATX) reported rail north america — depreciation expense of $126.7M in Q1 2026.

Question 2

How has GATX's rail north america — depreciation expense changed year-over-year?

Accepted Answer

GATX's rail north america — depreciation expense increased by 80.0% year-over-year, from $70.4M to $126.7M.

Question 3

What is the long-term trend for GATX's rail north america — depreciation expense?

Accepted Answer

Over 3 years (2022 to 2025), GATX's rail north america — depreciation expense has grown at a 3.4% compound annual growth rate (CAGR), from $258.6M to $285.7M.

Question 4

What does rail north america — depreciation expense mean?

Accepted Answer

The systematic allocation of the cost of tangible rail assets over their estimated useful lives. This non-cash expense reflects the capital-intensive nature of the rail leasing business and the ongoing consumption of the asset base.

Three Months Ended March 31, 2026	Rail North America / Three Months Ended March 31, 2026	Rail International	Engine Leasing	Other	GATX Consolidated
Total Revenues	436.7	105.2	31.6	10.2	583.7
Expenses
Maintenance expense	120.6	19.1	—	1.0	140.7
Depreciation expense	126.7	27.8	10.6	4.1	169.2
Operating lease expense	7.4	—	—	—	7.4
Other operating expense	13.1	5.3	3.1	0.3	21.8
Total Expenses	267.8	52.2	13.7	5.4	339.1
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GATX GATX Rail North America — Depreciation expense