earnings
confidence high
sentiment positive
materiality 0.70
GATX Q1 EPS $2.35 vs $2.15 prior year; reaffirms FY guidance $9.50-$10.10
GATX CORP
2026-Q1 EPS reported
$2.35
revenue$583,700,000
- Q1 net income $85.5M ($2.35 diluted EPS), up from $78.6M ($2.15) YoY.
- Rail North America segment profit $103.9M (+17% YoY); fleet utilization 98.1% post-Wells Fargo integration.
- Lease Price Index renewal rate change 22.3% with 56-month avg term; renewal success rate 79.1%.
- Acquired Wells Fargo rail portfolio for ~$4.2B; total Q1 investment >$4.5B.
- Reaffirmed FY2026 EPS guidance $9.50-$10.10 per diluted share (excl. tax items).