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Sep 30, 2021
GATX Q3 2021 Earnings Report
GATX reported an increase in Rail North America's fleet utilization to 99.2% and reiterated its 2021 full-year earnings guidance.
Key Takeaways
GATX Corporation reported a net income of $40.1 million, or $1.11 per diluted share, for the third quarter of 2021. The company's Rail North America fleet utilization increased to 99.2%. They continue to expect 2021 full-year earnings to be in the range of $4.30 to $4.50 per diluted share.
Net income for the third quarter 2021 was $40.1 million or $1.11 per diluted share.
Rail North America’s fleet utilization increased to 99.2%.
Company reiterates 2021 full-year earnings guidance.
Absolute lease rates across the majority of our fleet increased for the fifth quarter in a row
Revenue by Segment
Forward Guidance
GATX continues to expect full-year earnings to be in the range of $4.30 to $4.50 per diluted share, excluding any impact from Tax Adjustments and Other Items.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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