GATX Q2 2024 Earnings — GATX Corporation Revenue & Financial Results | Market Cap Arena

GATXGATX Corporation

$6B

Q2 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$387M+12.7% YoY

Gross Profit

$183M47.2% margin

Operating Income

$110M28.5% margin

Net Income

$44M11.5% margin

EPS (Diluted)

$1.21

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$138M

Free Cash Flow

-$304M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$12.2B

Total Liabilities

$9.9B

Stockholders' Equity

$2.3B

Cash & Equivalents

$824M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$387M	$343M	+12.7%
Gross Profit	$183M	$157M	+16.0%
Operating Income	$110M	$94M	+16.7%
Net Income	$44M	$63M	-29.9%

Revenue Segments

Rail North America

$270M70%

Rail International

$85M22%

Portfolio Management

$22M6%

Other Business Segments

$9M2%