NYSE$GATX
GATX Corporation · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
GATX reported Q4 2024 results with net income of $76.5 million and Rail North America's fleet utilization remained above 99%.
GATX Corporation reported a net income of $76.5 million, or $2.10 per diluted share, for the fourth quarter of 2024, compared to $66.0 million, or $1.81 per diluted share, for the same period in 2023. The company's Rail North America fleet utilization remained above 99%, and the Lease Price Index (LPI) was at 26.7%.
- Fourth-quarter 2024 net income was $76.5 million or $2.10 per diluted share.
- Rail North America’s fleet utilization remained above 99%.
- Lease Price Index (LPI) at 26.7% in Rail North America.
- Company initiates 2025 earnings guidance of $8.30–$8.70 per diluted share.
Headline financials
Revenue & EPS history
GATX · Revenue · Quarterly
$414M
Revenue by segment
GATX · $327M total across 2 segments · Q3 2023
- Rail North America$248M+7.2%75.8%
- Rail International$79.2M+17.2%24.2%
Forward guidance
GATX expects 2025 earnings to be in the range of $8.30–$8.70 per diluted share.
Tailwinds
- Stable railcar leasing market expected in North America.
- Higher lease revenue anticipated as expiring leases are renewed at higher rates.
- Rail International expects higher segment profit driven by more railcars on lease at higher lease rates.
- Engine Leasing expects strong results from RRPF and wholly owned portfolio due to increased air travel demand.
- Disciplined investments expected to drive earnings growth at GATX in 2025 and beyond.
Headwinds
- Net maintenance expense likely to be higher due to elevated tank car qualification work.
- Higher interest expense anticipated.
- Modestly lower asset remarketing income expected.
- Rail North America's 2025 segment profit is only expected to be up slightly from 2024.
- Potential risks from factors detailed in the company's SEC filings.
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 Q4 2024
+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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro