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GATX GATX Rail North America — Maintenance expense

Other segment segments

Rail International
$19.1M+3.2%
Other
$1M-23.1%
Portfolio Management
$0

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Other financials

Income statement

See full
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

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

Returns & leverage

See full
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:CostOfPropertyRepairsAndMaintenance.

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
Other revenue36.04.82.142.9
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

Item 1. Financial Statements

FAQ

What is GATX's rail north america — maintenance expense?
GATX (GATX) reported rail north america — maintenance expense of $120.6M in Q1 2026.
How has GATX's rail north america — maintenance expense changed year-over-year?
GATX's rail north america — maintenance expense increased by 44.1% year-over-year, from $83.7M to $120.6M.
What is the long-term trend for GATX's rail north america — maintenance expense?
Over 4 years (2021 to 2025), GATX's rail north america — maintenance expense has grown at a 10.5% compound annual growth rate (CAGR), from $235.4M to $350.5M.
What does rail north america — maintenance expense mean?
Costs incurred to maintain, repair, and ensure the safety and regulatory compliance of the railcar fleet. High or rising maintenance expenses relative to revenue may indicate an aging fleet or increased operational intensity.

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