John M. Holmes
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.
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 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 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.
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 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 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 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 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 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 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 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 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 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 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 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.
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