GATX Q1 2024 Earnings — GATX Corporation Revenue & Financial Results | Market Cap Arena

GATXGATX Corporation

$6B

Q1 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$380M+12.1% YoY

Gross Profit

$184M48.3% margin

Operating Income

$114M30.0% margin

Net Income

$74M19.6% margin

EPS (Diluted)

$2.03

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$98M

Free Cash Flow

-$281M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$11.6B

Total Liabilities

$9.3B

Stockholders' Equity

$2.3B

Cash & Equivalents

$479M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$380M	$339M	+12.1%
Gross Profit	$184M	$154M	+19.0%
Operating Income	$114M	$93M	+22.8%
Net Income	$74M	$77M	-4.0%

Revenue Segments

Rail North America

$265M70%

Rail International

$84M22%

Portfolio Management

$21M6%

Other Business Segments

$10M3%