---
schema_version: "secwatch.filing_event.v1"
accession: "0000040211-24-000008"
form_type: "8-K"
ticker: "GATX"
cik: "0000040211"
company_name: "GATX CORP"
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:16:06.469159+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GATX reports Q4 EPS $1.81, FY EPS $7.12; guides FY2024 $7.30-$7.70

## Summary
- Q4 net income $66.0M ($1.81 EPS) vs $48.4M ($1.36) in Q4 2022.
- Full-year 2023 net income $259.2M ($7.12 EPS) vs $155.9M ($4.35) in 2022; includes $0.05 net positive from tax items.
- 2024 EPS guidance range $7.30-$7.70 per diluted share.
- Rail NA LPI renewal lease rate change +33.5% in Q4, avg renewal term 65 months, utilization 99.3%.
- Full-year investment volume >$1.6B; Rail NA $977M, Rail International >$380M, engine acquisitions >$260M.

## SEC filing metadata
- accession: 0000040211-24-000008
- form_type: 8-K
- ticker: GATX
- cik: 0000040211
- company_name: GATX CORP
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40211/000004021124000008/0000040211-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40211/000004021124000008/gatx-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000040211-24-000008
- JSON: https://secwatch.observer/filing/0000040211-24-000008.json
- Plain text: https://secwatch.observer/filing/0000040211-24-000008.txt

## Key facts
- Earnings Releases
  GATX CORP reported full-year 2023 results: net income 259.2 million, EPS $7.12 per diluted share.
  - Period: full-year 2023
  - Net income: 259.2 million
  - EPS: $7.12 per diluted share
  - Result: reported results
  source text: Net income for the full-year 2023 was $259.2 million or $7.12 per diluted share, compared to $155.9 million or $4.35 per diluted share in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/40211/000004021124000008/0000040211-24-000008-index.htm
- Earnings Releases
  GATX CORP reported 2024 results: EPS $7.30–$7.70 per diluted share. Guidance initiated.
  - Period: 2024
  - EPS: $7.30–$7.70 per diluted share
  - Guidance: initiated
  - Result: guidance update
  source text: Company initiates 2024 earnings guidance of $7.30–$7.70 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/40211/000004021124000008/0000040211-24-000008-index.htm
- Earnings Releases
  GATX CORP reported 2023 fourth-quarter results: net income 66.0 million, EPS $1.81 per diluted share.
  - Period: 2023 fourth-quarter
  - Net income: 66.0 million
  - EPS: $1.81 per diluted share
  - Result: reported results
  source text: GATX Corporation (NYSE: GATX) today reported 2023 fourth-quarter net income of $66.0 million or $1.81 per diluted share, compared to net income of $48.4 million or $1.36 per diluted share in the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/40211/000004021124000008/0000040211-24-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.