Highest-materiality recent filing
GATX Q2 EPS $2.84 beats $2.06 YoY; raises FY2026 guidance to $9.90-$10.30
Net income $103.4M, EPS $2.84 vs $75.5M, $2.06 in Q2 2025.
GATX exercises first call option, increases JV stake to 33.535% from 30%
GATX exercised first call option to acquire interest in Blocker, indirectly raising its stake in GABX Leasing LLC to ~33.535%.
GATX extends revolving credit facility maturity to 2031, reduces borrowing costs
Termination date extended one year to May 21, 2031 from May 21, 2030.
GATX Q1 EPS $2.35 vs $2.15 prior year; reaffirms FY guidance $9.50-$10.10
Q1 net income $85.5M ($2.35 diluted EPS), up from $78.6M ($2.15) YoY.
GATX shareholders approve amended incentive plan, adding 1.3M shares to reserve
Plan amendment adds 1,300,000 shares to the existing reserve under the 2012 Incentive Award Plan.
GATX JV issues $1B in senior notes; proceeds to repay term loan
GABX Leasing LLC sold $500M 4.625% notes due 2031 and $500M 5.300% notes due 2036.
GATX forms GABX JV with Brookfield; initial ownership 30% ($385.3M equity), with annual call options to acquire up to 100%.
GATX Q4 net income $97M ($2.66/sh); dividend up 8.2%; $300M buyback; Wells Fargo railcar deal closed
Q4 net income $97.0M ($2.66/sh) vs $76.5M ($2.10/sh) in Q4 2024; full-year $333.3M ($9.12/sh) vs $284.2M ($7.78/sh).
GATX completes $4.2B acquisition of Wells Fargo railcars via JV with Brookfield
Transaction closed Jan 1, 2026: GATX/Brookfield JV acquires ~101,000 railcars for ~$4.2B.
Issued $200M of 5.500% Senior Notes due 2035, reopening an existing series; total outstanding now $700M.
GATX Q3 net income $82.2M ($2.25/share) vs $89.0M; reaffirms FY2025 guidance $8.50-$8.90
Q3 2025 net income $82.2M ($2.25/diluted) vs $89.0M ($2.43) in Q3 2024; includes $5.3M net positive from tax adjustments.
GATX to acquire ~105,000 railcars and 223 locomotives from Wells Fargo for $4.4B via JV (30% initial stake) with Brookfield.
GATX Q2 EPS $2.06 vs $1.21 YoY; raises FY2025 guidance to $8.50-$8.90
Net income $75.5M ($2.06 diluted EPS) vs $44.4M ($1.21) in Q2 2024.
GATX elects Robert S. Wetherbee to board of directors
Robert S. Wetherbee elected to GATX board effective July 13, 2025; assigned to Audit and Compensation Committees.
GATX expands revolving credit facility by $32M to $632M, M&T Bank joins as lender
M&T Bank provided a $32M revolving credit commitment, increasing total commitments from $600M to $632M.
GATX and Brookfield Infrastructure JV to acquire 105,000 railcars from Wells Fargo for $4.4B
JV initially owned 30% GATX, 70% Brookfield; GATX has annual call options to acquire up to 100% over ~10 years.
GATX shareholders elect eight directors, approve exec compensation, ratify EY as auditor
Quorum of 95.1% (33.9M shares) at April 25, 2025 annual meeting.
GATX Q1 net income $78.6M ($2.15/diluted), up 5.8% YoY; reiterates FY2025 EPS guidance $8.30–$8.70
Net income $78.6M vs $74.3M in Q1 2024; diluted EPS $2.15 vs $2.03.
GATX raises $800M through dual-tranche senior note offering
$500M of 5.500% Senior Notes due 2035 and $300M of 6.050% Senior Notes due 2054 issued.
GATX Q4 net income $76.5M ($2.10 EPS); full-year $284.2M ($7.78 EPS); guides 2025 EPS $8.30-$8.70
Fourth-quarter 2024 net income $76.5M ($2.10 diluted EPS), up from $66.0M ($1.81 EPS) in Q4 2023.
GATX Q3 net income $89.0M ($2.43 EPS); FY2024 guidance $7.50-$7.70
Q3 net income $89.0M ($2.43 diluted EPS) vs $52.5M ($1.44 EPS) in Q3 2023.
GATX Q2 net income falls to $44.4M ($1.21 EPS) from $63.3M; full-year guidance reaffirmed
Net income $44.4M ($1.21 diluted EPS) vs $63.3M ($1.74); $0.22 negative impact from Tax Adjustments.
GATX issues $600M in 6.050% notes: $200M due 2034, $400M due 2054
Issued $200M of 6.050% Senior Notes due 2034 and $400M of 6.050% Senior Notes due 2054.
GATX enters $600M five-year revolving credit facility, replacing prior facility
New credit agreement dated May 21, 2024, matures May 21, 2029; replaces existing $600M facility.
GATX shareholders elect all nine director nominees, approve say-on-pay, ratify EY as auditor
All nine director nominees elected with strong support; broker non-votes ~1.18M each.
GATX Q1 net income $74.3M ($2.03 EPS), Rail NA utilization 99.4%, reiterates FY guide
Q1 net income $74.3M ($2.03 diluted EPS) vs $77.4M ($2.16) in Q1 2023.
GATX issues $350M of 5.400% Senior Notes due 2027
Underwriting agreement dated Feb 27, 2024; notes issued Mar 1, 2024.
GATX adds John Holmes (AAR CEO) to board, Audit Committee
John M. Holmes elected to GATX board effective Jan 26, 2024; appointed to Audit Committee.
GATX reports Q4 EPS $1.81, FY EPS $7.12; guides FY2024 $7.30-$7.70
Q4 net income $66.0M ($1.81 EPS) vs $48.4M ($1.36) in Q4 2022.
GATX issues $400M of 6.900% Senior Notes due 2034
Underwriting agreement with BofA, Citigroup, and Morgan Stanley dated Oct 31, 2023.
GATX Q3 EPS $1.44 beats prior year $0.81; raises FY2023 guidance to above $6.90
Q3 net income $52.5M ($1.44 EPS) versus $29.1M ($0.81 EPS) in Q3 2022.
GATX issues $300M of 6.050% Senior Notes due 2034
Issued $300 million aggregate principal of 6.050% Senior Notes maturing 2034.
GATX elects Shelley Bausch to board, adds to Audit and Governance Committees
Shelley J. Bausch elected to GATX board effective July 28, 2023.
GATX Q2 EPS $1.74 vs $0.07 YoY; raises FY guidance to upper end of $6.50-$6.90
Net income $63.3M ($1.74 diluted EPS) vs $2.6M ($0.07) in Q2 2022; YTD net income $140.7M ($3.87).
GATX extends $564.7M of $600M revolving credit facility term by one year to 2028
Extended $564.7M of $600M facility from May 21, 2027 to May 21, 2028.
GATX posts company overview presentation; no material new information disclosed
Presentation covers history, railcar leasing business model, and financial highlights.
GATX issues $400M of 5.450% Senior Notes due 2033
Issued $400M aggregate principal of 5.450% Senior Notes maturing 2033.
GATX shareholders elect eight directors, approve say-on-pay annually at 2023 meeting
All eight director nominees elected with over 30 million votes for each; highest against was James B. Ream (1.83M).
GATX Q1 net income $77.4M ($2.16 EPS); reaffirms FY23 guidance $6.50-$6.90
Q1 net income $77.4M vs $75.8M YoY; diluted EPS $2.16 vs $2.10.
GATX presents at Stifel Transportation & Logistics Conference on Feb 7, 2023
Presentation covers GATX's financial condition as of December 31, 2022, but no specific figures are disclosed in the filing.
GATX Q4 net income $48.4M ($1.36 EPS); issues 2023 guidance $6.50-$6.90 EPS
Full-year 2022 net income $155.9M ($4.35 EPS) vs $143.1M ($3.98 EPS) in 2021.
GATX appoints James B. Ream as independent board chair, succeeding Brian Kenney
James B. Ream named independent chair effective Nov 1, 2022; previously served as lead independent director for five years.
GATX Q3 net income $29.1M ($0.81 EPS); Russia exit charges; guidance upper end
Q3 net income fell to $29.1M ($0.81) from $40.1M ($1.11) YoY; includes $10.8M Russia impairment.
GATX signs long-term agreement to purchase 15,000 railcars from Trinity through 2028
Will buy 15,000 newly built railcars over 64 months from Oct 2022 through Dec 2028.
GATX GC Deborah Golden to retire Nov 30; Brian Glassberg appointed successor
Deborah A. Golden, EVP, GC and corporate secretary, will retire effective November 30, 2022.
GATX enters employment agreement with EVP Tezel transitioning to Strategic Advisor through June 2023
Tezel transitions from President - Rail International to Strategic Advisor effective Oct 1, 2022 through June 30, 2023.
GATX issues $400M of 4.900% Senior Notes due 2033
Issued $400M aggregate principal of 4.900% Senior Notes due 2033 under an indenture dated Feb 2008.
GATX Q2 EPS $0.07 ($1.00 from impairments); raises FY22 EPS guidance to $5.60-$6.00
Q2 net income $2.6M ($0.07 diluted), includes $35.9M ($1.00/share) in net negative items, primarily marine vessel impairment.
GATX EVP Tezel transitions to Strategic Advisor role effective Oct 1, 2022
N. Gokce Tezel, EVP and President - Rail International, becomes Strategic Advisor to CEO Robert C. Lyons.
GATX extends $600M revolver maturity to May 2027; switches to Term SOFR
Amendment extends termination date of $600M unsecured revolving credit facility from May 2026 to May 2027.
On January 26, 2024, the Board of Directors (the “Board”) of GATX Corporation (the “Company”) elected John M. Holmes as a director and assigned him to its Audit Committee, effective immediately.
On July 28, 2023, the Board of Directors (the “Board”) of GATX Corporation (the “Company”) elected Shelley J. Bausch as a director
Brian L. Glassberg, currently deputy general counsel of GATX, has been appointed executive vice president, general counsel and corporate secretary effective December 1, 2022.
On September 16, 2022, Deborah A. Golden, executive vice president, general counsel and corporate secretary of GATX Corporation (the “Company” or “GATX”), notified the Company of her decision to retire effective November 30, 2022.
As previously reported on June 30, 2022, effective October 1, 2022, N. Gokce Tezel, Executive Vice President of GATX Corporation (the “Company” or “GATX”) and President - Rail International, will become a Strategic Advisor to GATX Chief Executive Officer Robert C. Lyons and other senior leaders of GATX through June 30, 2023 or Mr. Tezel’s earlier voluntary resignation (the “Term”).
effective October 1, 2022, N. Gokce Tezel, Executive Vice President of GATX and President - Rail International, will become a Strategic Advisor to GATX Chief Executive Officer Robert C. Lyons and other senior leaders of GATX through June 30, 2023 or Mr. Tezel’s earlier voluntary resignation.
the Board of Directors of GATX Corporation (“GATX” or the “Company”) appointed Robert C. Lyons to the position of Chief Executive Officer and President, effective April 22, 2022 upon the retirement of Brian A. Kenney, the current Chairman, CEO and President.
On December 3, 2021, Brian A. Kenney, President and Chief Executive Officer, notified the Board of Directors (the “Board”) of GATX Corporation (the “Company”) of his decision to retire as an officer of the Company effective April 22, 2022, following the Annual Meeting of Shareholders.
On December 3, 2021, the Board appointed Robert C. Lyons, 57, to the position of Chief Executive Officer and President, effective at the time of Mr. Kenney’s retirement on April 22, 2022.
Max materiality 0.90 · Median 0.57 · Most common event earnings