GATX Q2 2023 Earnings — GATX Corporation Revenue & Financial Results | Market Cap Arena

GATXGATX Corporation

$6B

Q2 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$343M+9.8% YoY

Gross Profit

$157M45.9% margin

Operating Income

$94M27.5% margin

Net Income

$63M18.4% margin

EPS (Diluted)

$1.38

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$163M

Free Cash Flow

-$323M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$8.4B

Stockholders' Equity

$2.2B

Cash & Equivalents

$318M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$343M	$313M	+9.8%
Gross Profit	$157M	$139M	+13.2%
Operating Income	$94M	$82M	+15.4%
Net Income	$63M	$3M	+2334.6%

Revenue Segments

Rail North America

$240M70%

Rail International

$76M22%

Portfolio Management

$17M5%

Other Business Segments

$10M3%