GATX Corporation Reports 2026 Third-Quarter Results
GATX reported Q3 2026 diluted EPS of $2.92, up from $2.25 a year earlier, on total revenues of $598.0 million versus $439.3 million, with net income attributable to GATX of $105.2 million. Management raised its 2026 full-year outlook, now expecting earnings to modestly exceed the prior guidance range of $9.90-$10.30 per diluted share, helped by the Wells Fargo rail asset acquisition and strong Engine Leasing performance. Rail North America utilization reached 98.4% with a positive 12.4% LPI, though that renewal rate gain decelerated from 16.8% last quarter; net gains on asset dispositions were $50.3 million in the quarter.
Key figures
- Eps
- 2.92
- Revenue
- 598000000
- Guidance
- 2026 full-year earnings to modestly exceed the previously announced guidance range of $9.90 to $10.30 per diluted share (excluding Tax Adjustments and Other Items)
- Revenue Yoy
- 36.1%
- Rail na lpi
- 12.4%
- Net income yoy
- 28.0%
- Recourse leverage
- 3.3
- Rail na utilization
- 98.4%
- Q3 investment volume
- 171700000
- Nine month diluted eps
- 8.11
- Rail na segment profit
- 121300000
- Rail intl segment profit
- 35900000
- Dividends declared per share
- 0.66
- Rail na renewal success rate
- 86.1%
- Engine leasing segment profit
- 51400000
- Net gain asset dispositions q3
- 51700000
- Net income attributable to gatx
- 105200000
AI analysis
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