GATX Q3 2023 Earnings — GATX Corporation Revenue & Financial Results | Market Cap Arena

GATXGATX Corporation

$6B

Q3 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$360M+12.2% YoY

Gross Profit

$166M46.1% margin

Operating Income

$103M28.6% margin

Net Income

$53M14.6% margin

EPS (Diluted)

$1.44

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$142M

Free Cash Flow

-$222M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$8.5B

Stockholders' Equity

$2.2B

Cash & Equivalents

$203M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$360M	$321M	+12.2%
Gross Profit	$166M	$144M	+15.4%
Operating Income	$103M	$88M	+17.7%
Net Income	$53M	$29M	+80.4%

Revenue Segments

Rail North America

$248M69%

Rail International

$79M22%

Portfolio Management

$22M6%

Other Business Segments

$11M3%