GATX Corporation (GATX) Stock

GATX Corporation (GATX) is a Industrials stock trading at $176.77 (as of 2026-08-21), with a market capitalization of $6.24B and a trailing P/E of 17.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

GATX Corporation operates as railcar leasing company in the United States and internationally. The company operates through three segments: Rail North America, Rail International, and Portfolio Management. It leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries. The company also offers services, including the interior cleaning of railcars, routine maintenance and repair of car body and safety appliances, regulatory compliance works, wheelset replacements, interior blast and lining operations, exterior blast and painting, and car stenciling. In addition, it leases aircraft spare engines, directly-owned aircraft spare engines, and five liquefied gas-carrying vessels, as well as manages portfolios of assets for third parties. The company owns a fleet of approximately 147,000 railcars; 539 four-axle and 29 six-axle locomotives; and 5 vessels. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.

Understand GATX Corporation: how it makes money

GATX leases tank and freight railcars, and locomotives, and earns money from lease revenue, plus related services such as maintenance, repair, cleaning, and regulatory compliance work.

Profit is driven by keeping leased assets heavily utilized (Fleet Utilization), achieving attractive lease terms (Lease Pricing Index) and renewals (Renewal Success Rate), with additional upside or downside from asset cycling shown in Remarketing Income, funded by ongoing Investment Volume.

Business quality (Solid): The company operates a railcar leasing model with clear operating indicators (utilization, renewal, pricing, remarketing) and a profitable latest quarter (operating margin 13.6%), but performance likely remains sensitive to rail demand, lease pricing, and the need for continued investment (Investment Volume).

Valuation: At 19× earnings, GATX trades 8% above the Transportation average (18×). Note: one-time items can distort reported P/E.

Bull case

  • Utilization stays high in North America: Fleet Utilization (Rail North America) is 98.1%, which supports consistent leasing activity and links to Lease Revenue of 0.52 USD_B for the latest quarter.
  • Ongoing renewal activity supports the fleet: Renewal Success Rate (Rail North America) is 79.1%, suggesting a meaningful portion of lease relationships continue rather than requiring replacement via new investments or remarketing.
  • Operations remain profitable: Operating margin is 13.6% for the quarter ended 2026-03-31, indicating profitable execution of the leasing and service model.

Bear case

  • Pricing or renewal headwinds can hurt returns: Lease Pricing Index is 21.9%, so if pricing weakens, it can pressure lease revenue, and if renewal success slips from current levels (Renewal Success Rate (Rail North America) at 79.1%), more assets may need to be redeployed.
  • Cycle risk shows up in remarketing results: Remarketing Income exists (Remarketing Income (Rail North America) is 0.04 USD_B, and Asset Remarketing Income (North America) is 0.03 USD_B), which implies results can vary when assets are remarketed.
  • Capital intensity requires continuous investment: Company Investment Volume is 0.5 USD_B, so future performance can be affected by the scale and timing of ongoing investment needs (for example, to maintain the fleet).
Valuation — source: SEC EDGAR (first-party)
Price$176.77
Market Cap$6.24B
P/E Ratio17.0
EV / EBITDA6.2
Price / Book1.74
Price / Sales3.04
DCF Value (model)$20.21
DCF Upside vs Price-88.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.74B
Net Margin19.2%
Revenue Growth (YoY)34.8%
EPS Growth (YoY)37.7%
Valuation vs Sector & Industry
Stock P/E17.0
Sector P/E (Industrials)25.9
Industry P/E (Transportation)16.9
vs Sector-34.4%
vs Industry0.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderSTATE FARM MUTUAL AUTOMOBILE INSURANCE CO ($926.66M)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorIndustrials
IndustryTransportation
CEORobert C. Lyons
Employees2,150
CountryUS
IPO Date1920-07-01

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GATX earnings history · GATX institutional & insider holders · GATX KPIs & operating metrics · GATX financials · GATX investor presentations & press releases · GATX SEC filings · GATX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.