NYSE$GATX
GATX Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
GATX's financial performance declined compared to the same quarter last year, mainly due to negative impacts from tax adjustments and other items, including an impairment charge for marine vessels. However, the operating environment remained strong across global railcar leasing markets, with increased full-year earnings guidance.
GATX Corporation reported a net income of $2.6 million, or $0.07 per diluted share, for the second quarter of 2022, compared to $5.5 million, or $0.15 per diluted share, in the second quarter of 2021. The results include net negative impacts of $35.9 million from Tax Adjustments and Other Items. The company increased its 2022 full-year earnings guidance to $5.60 - $6.00 per diluted share.
- GATX reported second-quarter net income of $2.6 million, or $0.07 per diluted share.
- The company's results were impacted by $35.9 million in net negative impacts from Tax Adjustments and Other Items.
- Rail North America's fleet utilization was 99.4% at the end of the second quarter, and the renewal success rate was 87.7%.
- GATX increased its 2022 full-year earnings expectations to be in the range of $5.60 to $6.00 per diluted share, excluding any impact from Tax Adjustments and Other Items.
Headline financials
Revenue & EPS history
GATX · Revenue · Quarterly
$313M
Revenue by segment
GATX · $290M total across 2 segments · Q2 2022
- Rail North America$222M-0.7%76.4%
- Rail International$68.4M-4.6%23.6%
Forward guidance
GATX increased its 2022 full-year earnings expectations to be in the range of $5.60 to $6.00 per diluted share, excluding any impact from Tax Adjustments and Other Items.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.1%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.9%
Avg return
30 days after
46%
31 / 68 earnings
Positive
+14.2%
Q2 2018
Best reaction
-12.5%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | -7.9% | -14.4% | |
| Q4 2025 | -0.6% | +2.8% | -13.4% | |
| Q3 2025 | -5.7% | -6.8% | -11.0% | |
| Q1 2025 | -4.4% | -2.8% | -2.8% | |
| Q4 2024 | +4.5% | +7.3% | +4.8% | |
| Q3 2024 | +5.7% | +5.2% | +21.3% | |
| Q2 2024 | -7.3% | -3.7% | -4.4% | |
| Q1 2024 | -3.2% | -1.9% | +3.9% | |
| Q4 2023 | +5.5% | +6.8% | +6.8% | |
| Q3 2023 | -3.3% | -3.6% | +3.6% | |
| Q2 2023 | -4.0% | -5.7% | -10.3% | |
| Q1 2023 | +0.1% | +0.9% | +4.9% | |
| Q4 2022 | +4.4% | +5.9% | +0.7% | |
| Q3 2022 | +5.1% | +7.2% | +17.2% | |
| Q2 2022 | -5.1% | -3.7% | +2.2% | |
| Q1 2022 | -6.0% | -7.9% | -12.6% | |
| Q4 2021 | +8.2% | +9.5% | +9.2% | |
| Q3 2021 | -4.8% | -2.5% | +3.6% | |
| Q2 2021 | +6.0% | +4.6% | -0.2% | |
| Q1 2021 | -1.0% | +0.6% | +1.3% | |
| Q4 2020 | +1.5% | +1.1% | +4.4% | |
| Q3 2020 | -0.5% | +1.9% | +17.2% | |
| Q2 2020 | +0.6% | +0.6% | +4.1% | |
| Q1 2020 | +5.7% | +6.5% | +13.0% | |
| Q4 2019 | +8.4% | +5.2% | +6.3% | |
| Q3 2019 | +4.2% | +5.8% | +8.2% | |
| Q2 2019 | -1.0% | +1.0% | -2.3% | |
| Q1 2019 | -3.4% | -0.7% | -6.2% | |
| Q4 2018 | -2.6% | +1.1% | +4.9% | |
| Q3 2018 | -12.5% | -13.5% | -4.9% | |
| Q2 2018 | +14.2% | +9.8% | +7.4% | |
| Q1 2018 | -1.5% | -1.8% | +7.4% | |
| Q4 2017 | +4.7% | +6.6% | +8.5% | |
| Q3 2017 | -4.9% | -6.7% | -10.4% | |
| Q2 2017 | -2.1% | -0.4% | -4.3% | |
| Q1 2017 | +1.7% | +1.6% | -1.5% | |
| Q4 2016 | +3.9% | +4.6% | +4.1% | |
| Q3 2016 | +3.1% | +0.1% | +13.2% | |
| Q2 2016 | -4.6% | -6.4% | -5.7% | |
| Q1 2016 | -0.9% | — | — | |
| Q4 2015 | -0.4% | — | — | |
| Q3 2015 | +3.3% | — | — | |
| Q2 2015 | -0.4% | — | — | |
| Q1 2015 | -1.0% | — | — | |
| Q4 2014 | +0.9% | — | — | |
| Q3 2014 | +2.2% | — | — | |
| Q2 2014 | -5.3% | — | — | |
| Q1 2014 | +1.1% | — | — | |
| Q4 2013 | -0.7% | — | — | |
| Q3 2013 | -2.1% | — | — | |
| Q4 2012 | -2.1% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | -1.2% | — | — | |
| Q3 2012 | -1.6% | — | — | |
| Q2 2012 | +1.2% | — | — | |
| Q1 2012 | +2.6% | — | — | |
| Q4 2008 | +1.5% | — | — | |
| Q4 2011 | +1.5% | — | — | |
| Q3 2011 | -4.3% | — | — | |
| Q2 2011 | +7.2% | — | — | |
| Q1 2010 | +1.7% | — | — | |
| Q1 2011 | +2.4% | — | — | |
| Q4 2010 | -6.3% | — | — | |
| Q3 2009 | +0.5% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q2 2010 | -0.5% | — | — | |
| Q2 2009 | -0.5% | — | — | |
| Q4 2009 | -0.5% | — | — |
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