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GATX GATX Rail North America — Operating lease expense

Other segment segments

Other
$0
Portfolio Management
$0
Rail International
$0

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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:OperatingLeaseExpense.

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
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)
Net gain on asset dispositions49.81.10.151.0

Item 1. Financial Statements

FAQ

What is GATX's rail north america — operating lease expense?
GATX (GATX) reported rail north america — operating lease expense of $7.4M in Q1 2026.
How has GATX's rail north america — operating lease expense changed year-over-year?
GATX's rail north america — operating lease expense decreased by 2.6% year-over-year, from $7.6M to $7.4M.
What is the long-term trend for GATX's rail north america — operating lease expense?
Over 4 years (2021 to 2025), GATX's rail north america — operating lease expense has grown at a -7.3% compound annual growth rate (CAGR), from $39.2M to $28.9M.
What does rail north america — operating lease expense mean?
Costs associated with leasing railcars or related infrastructure from third parties to support operations. This metric reflects the company's reliance on leased assets versus owned assets to meet customer demand.

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