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GATX GATX Depreciation expense
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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
| Line item | Three Months Ended March 31 / 2026 | Three Months Ended March 31 / 2025 |
|---|---|---|
| Total Revenues | 583.7 | 421.6 |
| Expenses | ||
| Maintenance expense | 140.7 | 103.5 |
| Depreciation expense | 169.2 | 103.6 |
| Operating lease expense | 7.4 | 7.6 |
| Other operating expense | 21.8 | 16.0 |
| Selling, general and administrative expense | 71.3 | 56.6 |
| Total Expenses | 410.4 | 287.3 |
Item 1. Financial Statements
FAQ
- What is GATX's depreciation expense?
- GATX (GATX) reported depreciation expense of $169.2M in Q1 2026.
- How has GATX's depreciation expense changed year-over-year?
- GATX's depreciation expense increased by 63.3% year-over-year, from $103.6M to $169.2M.
- What is the long-term trend for GATX's depreciation expense?
- Over 3 years (2022 to 2025), GATX's depreciation expense has grown at a 6.5% compound annual growth rate (CAGR), from $357.5M to $431.8M.
- What does depreciation expense mean?
- The systematic allocation of the cost of tangible assets over their estimated useful lives, specifically related to production or operational equipment. This non-cash expense reflects the wear and tear of assets used to generate revenue. It is a critical component in calculating the true economic cost of maintaining an industrial asset base.
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