Sector: Financials | Industry: Corporate Financial Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 233 S Wacker Dr CHICAGO IL 60606-7147 |
Tel: | N/A |
Website: | https://www.gatx.com |
IR: | See website |
Key People | ||
Robert C. Lyons President, Chief Executive Officer, Director | Geoffrey D. Phillips Senior Vice President- Operations | Thomas A. Ellman Chief Financial Officer, Executive Vice President |
M. Kim Nero Chief Human Resource Officer, Executive Vice President | Brian L. Glassberg Executive Vice President, General Counsel, Corporate Secretary | Paul F. Titterton Executive Vice President, President - Rail North America |
Jennifer M. Mcmanus Senior Vice President, Chief Accounting Officer, Controller | Niyi A. Adedoyin Senior Vice President, Chief Information Officer | Jennifer L. Van Aken Senior Vice President, Chief Risk Officer, Treasurer | Kevin J. Hillesland Senior Vice President - Structured Finance |
Business Overview |
GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and India. The Company's segments include Rail North America, Rail International, Portfolio Management and Other. Rail North America segment primarily provides railcars pursuant to full-service leases under which it maintains the railcars, pays ad valorem taxes and provides other ancillary services. Rail International segment is composed of its operations in Europe (GATX Rail Europe or GRE), India (Rail India). GRE leases railcars to customers throughout Europe pursuant to full-service leases under which it maintains the railcars and provides value-added services according to customer requirements. Portfolio Management segment is composed primarily of the Rolls-Royce & Partners Finance joint ventures that lease aircraft spare engines and GATX Engine Leasing (GEL), its wholly owned aircraft spare engine leasing business. Other segment includes its Trifleet business that owns and manages tank containers. |
Financial Overview |
For the fiscal year ended 31 December 2023, GATX Corp revenues increased 11% to $1.41B. Net income increased 66% to $259.2M. Revenues reflect Rail North America segment increase of 8% to $982.7M, Rail International segment increase of 12% to $309.5M, Portfolio Management segment increase of 44% to $77.2M, Foreign segment increase of 17% to $548.1M, United States segment increase of 7% to $862.8M. |
Employees: | 2,020 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $11,712M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,411M as of Dec 31, 2023 |
EBITDA (TTM): | $785.30M as of Dec 31, 2023 |
Net annual income (TTM): | $259.20M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1,225M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $6,948M as of Dec 31, 2023 |
Shares outstanding: | 35,538,117 as of Mar 1, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |