---
schema_version: "secwatch.filing_event.v1"
accession: "0000040211-24-000063"
form_type: "8-K"
ticker: "GATX"
cik: "0000040211"
company_name: "GATX CORP"
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T18:15:06.454444+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GATX Q2 net income falls to $44.4M ($1.21 EPS) from $63.3M; full-year guidance reaffirmed

## Summary
- Net income $44.4M ($1.21 diluted EPS) vs $63.3M ($1.74); $0.22 negative impact from Tax Adjustments.
- Rail North America profit $78.8M (vs $79.3M); fleet utilization 99.3%; LPI renewal rate change +29.4%.
- Rail International profit $26.5M (vs $27.3M); Rail Europe utilization 95.8%, Rail India 100%.
- Engine Leasing profit $18.4M (vs $26.6M); acquired 3 engines for $71.3M in quarter.
- Full-year EPS guidance reaffirmed at $7.30-$7.70 ex-Tax Adjustments; Q2 investment volume $442M.

## SEC filing metadata
- accession: 0000040211-24-000063
- form_type: 8-K
- ticker: GATX
- cik: 0000040211
- company_name: GATX CORP
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40211/000004021124000063/0000040211-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40211/000004021124000063/gatx-20240723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000040211-24-000063
- JSON: https://secwatch.observer/filing/0000040211-24-000063.json
- Plain text: https://secwatch.observer/filing/0000040211-24-000063.txt

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