← GATX CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $155.9m | $259.2m | $284.2m | $333.3m | |
| Net Income (Loss) Attributable to Parent | $257.1m | $502.0m | $211.3m | $211.2m | $151.3m | $143.1m | $155.9m | $259.2m | $284.2m | $333.3m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $257.1m | $502.0m | $211.3m | $211.2m | $151.3m | $143.1m | $155.9m | $254.3m | $279.3m | $327.8m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $333.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | $150.2m | $143.1m | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $1.1m | $0 | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $0 | |
| Depreciation, Depletion and Amortization | $310.2m | $322.7m | $338.2m | $343.5m | $342.8m | $378.4m | $371.3m | $392.1m | $421.4m | $452.3m | |
| Depreciation, Depletion and Amortization | $310.2m | $322.7m | $338.2m | $343.5m | $342.8m | $378.4m | $371.3m | $392.1m | $421.4m | $452.3m | |
| Depreciation | $310.2m | $322.7m | $338.2m | $343.5m | $342.8m | $378.4m | $371.3m | $391.5m | $420.9m | $451.7m | |
| Depreciation, Nonproduction | $297.2m | $307.3m | $321.9m | $331.9m | $330.5m | $364.4m | $357.5m | $376.3m | — | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $371.3m | $392.1m | $421.4m | $452.3m | |
| Deferred Income Tax Expense (Benefit) | $72.8m | ($260.5m) | $19.2m | $30.6m | $29.1m | $34.2m | $36.3m | $38.3m | $45.8m | $53.2m | |
| Deferred income taxes | $72.8m | ($260.5m) | $19.2m | $30.6m | $29.1m | $34.2m | $36.3m | $38.3m | $45.8m | $53.2m | |
| Deferred Income Tax | — | — | — | — | — | — | $36.3m | $38.3m | $45.8m | $53.2m | |
| Deferred Tax | — | — | — | — | — | — | $36.3m | $38.3m | $45.8m | $53.2m | |
| Share-based Payment Arrangement, Noncash Expense | $15.8m | $9.9m | $16.4m | $12.3m | $15.6m | $17.4m | $12.7m | $18.3m | $23.0m | — | |
| Share-based Payment Arrangement, Expense | $15.8m | $14.3m | $19.3m | $19.3m | $15.9m | $17.4m | $12.7m | $18.3m | $23.0m | $25.0m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | $98.0m | $54.1m | $72.8m | $62.1m | $41.7m | $105.9m | $77.9m | $130.3m | $138.3m | $136.9m | |
| Asset Impairment Charges | $38.5m | $8.6m | $9.0m | $6.6m | $300k | $2.4m | $48.9m | $1.5m | $0 | $3.6m | |
| Share-based compensation expense | — | — | — | — | — | — | — | $18.3m | $23.0m | $25.0m | |
| Asset Impairment Charge | — | — | — | — | — | — | $48.9m | $1.5m | $0 | $3.6m | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $52.9m | $52.5m | $79.4m | $66.7m | $39.5m | $99.4m | $121.2m | $130.9m | $137.8m | $140.0m | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | $49.7m | $44.1m | $64.8m | $58.6m | $39.4m | $82.4m | $104.1m | $119.8m | $122.0m | — | |
| Income (Loss) from Equity Method Investments | $47.4m | $43.9m | $50.3m | $76.5m | $62.2m | $1.2m | $33.6m | $72.4m | $82.8m | $117.3m | |
| Income Tax Expense (Benefit) | $95.7m | ($243.7m) | $34.1m | $48.4m | $37.3m | $53.2m | $54.8m | $58.7m | $60.0m | $63.1m | |
| Operating Lease, Expense | — | — | — | $54.4m | $49.3m | $39.2m | $36.1m | $36.0m | $33.9m | $28.9m | |
| Operating Lease, Lease Income | — | — | — | $1.1b | $1.1b | $1.1b | $1.1b | $1.2b | $1.4b | $1.5b | |
| Other Nonoperating Income (Expense) | ($11.8m) | ($11.1m) | ($21.6m) | ($7.9m) | ($13.0m) | ($3.7m) | ($27.0m) | ($9.4m) | ($9.5m) | ($400k) | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $12.7m | ($47.4m) | ($32.8m) | ($67.3m) | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $12 | $14 | $15 | $49 | $62 | $1 | ($13) | $47 | $33 | $67 | |
| Additional Financial Items | |||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($3.8m) | $6.0m | ($3.4m) | $1.7m | ($10.8m) | ($800k) | ($4.6m) | $6.9m | $600k | $1.3m | |
| Goodwill | $78.0m | $85.6m | $82.9m | $81.5m | $143.7m | $123.0m | $117.2m | $120.0m | $114.1m | $126.3m | |
| Operating Costs and Expenses | $876.3m | $863.5m | $857.3m | $889.7m | $750.3m | $762.2m | $737.8m | $810.2m | $875.6m | $953.7m | |
| Operating Expenses | $1.1b | $1.0b | $1.0b | $1.1b | $922.3m | $960.5m | $932.8m | $1.0b | $1.1b | — | |
| Proceeds from Stock Options Exercised | — | $1.6m | $3.7m | $4.4m | $6.6m | $21.9m | $30.9m | $22.3m | $32.1m | $31.1m | |
| Provision for Loan, Lease, and Other Losses | $4.0m | $600k | ($300k) | $500k | $700k | $100k | $500k | $400k | $2.0m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | — | ($300k) | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | $1.9m | $1.4m | $1.3m | $1.0m | ($19.6m) | |
| Gains on sales of assets | ($52.9m) | ($52.5m) | ($79.4m) | ($66.7m) | ($39.5m) | ($99.4m) | ($121.2m) | ($130.9m) | ($137.8m) | ($140.0m) | |
| Employee benefit plans | $7.1m | $3.3m | $4.6m | $3.9m | $6.9m | $8.8m | $1.8m | ($4.3m) | ($800k) | ($200k) | |
| Other | $10.4m | ($2.6m) | ($2.8m) | $14.1m | ($26.3m) | $23.9m | $31.4m | $14.4m | $25.5m | $22.1m | |
| Portfolio investments and capital additions | ($620.7m) | ($603.4m) | ($943.4m) | ($741.7m) | ($1.1b) | ($1.1b) | ($1.3b) | ($1.7b) | ($1.7b) | ($1.3b) | |
| Portfolio proceeds | $223.7m | $165.6m | $234.4m | $250.3m | $131.1m | $187.1m | $269.6m | $272.8m | $230.6m | $275.0m | |
| Proceeds from sales of other assets | $23.0m | $30.3m | $37.3m | $23.0m | $26.0m | $54.7m | $31.1m | $20.2m | $24.9m | $36.8m | |
| Short-term investments | — | — | — | — | — | — | ($148.5m) | $150.0m | $0 | $0 | |
| Net increase (decrease) in debt with original maturities of 90 days or less | ($3.6m) | ($300k) | $106.5m | ($94.6m) | $6.4m | ($4.1m) | $0 | ($7.1m) | $0 | $70.4m | |
| Payments on capital lease obligations | ($3.6m) | ($2.4m) | ($1.2m) | ($11.3m) | ($40.0m) | ($77.2m) | ($1.5m) | $0 | ($30.4m) | $0 | |
| Stock repurchases | ($120.1m) | ($100.0m) | ($115.5m) | ($150.0m) | $0 | ($13.1m) | ($47.2m) | ($2.6m) | ($21.9m) | ($65.0m) | |
| GABX equity contribution from non-controlling interest | — | — | — | — | — | — | — | $0 | $0 | $899.0m | |
| Payments to Acquire Assets Previously Leased, Investing Activities | — | — | — | — | — | — | — | $0 | $0 | ($15.0m) | |
| Non-cash financing lease transactions | — | — | — | — | — | — | — | $0 | $30.1m | $0 | |
| Beginning Cash Position | — | — | — | — | — | — | $344.5m | $304.0m | $450.8m | $401.8m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $504.4m | $844.1m | $770.5m | $4.9b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.1b) | ($1.2b) | ($1.4b) | ($1.0b) | |
| Cash Flow From Discontinued Operation | — | — | — | — | — | $1.1m | $0 | $0 | — | — | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | $1.1m | $0 | $0 | — | — | |
| Change In Working Capital | — | — | — | — | — | — | $15.1m | ($6.4m) | ($900k) | ($11.8m) | |
| Changes In Cash | — | — | — | — | — | — | ($35.6m) | $145.2m | ($44.1m) | $4.6b | |
| End Cash Position | — | — | — | — | — | — | $304.0m | $450.8m | $401.8m | $5.0b | |
| Financing Cash Flow | — | — | — | — | — | — | $504.4m | $844.1m | $770.5m | $4.9b | |
| Free Cash Flow | — | — | — | — | — | — | $533.5m | $520.4m | $602.1m | $648.1m | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.1b) | ($1.2b) | ($1.4b) | ($1.0b) | |
| Net Business Purchase And Sale | — | — | — | — | — | ($1.8m) | $0 | $0 | — | — | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($1.1b) | ($1.3b) | ($1.7b) | — | — | |
| Operating Gains Losses | — | — | — | — | — | — | ($106.7m) | ($182.6m) | ($171.4m) | ($207.5m) | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $1.8m | ($4.3m) | ($800k) | ($200k) | |
| Purchase Of Business | — | — | — | — | — | ($1.8m) | $0 | $0 | — | — | |
| Purchase Of PPE | $595.7m | $566.8m | $929.3m | $741.7m | $860.8m | ($1.1b) | ($1.3b) | ($1.7b) | — | — | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($47.2m) | ($2.6m) | ($21.9m) | ($65.0m) | |
| Stock Based Compensation | — | — | — | — | — | — | $12.7m | $18.3m | $23.0m | $25.0m | |
| Net Cash Provided by (Used in) Operating Activities | $626.1m | $496.8m | $508.5m | $462.6m | $436.8m | $507.2m | $533.5m | $520.4m | $602.1m | $648.1m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $595.7m | $566.8m | $929.3m | $741.7m | $860.8m | $1.1b | $1.3b | $1.7b | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | ($203.2m) | $1.4m | $0 | $0 | — | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($1.1b) | ($1.2b) | ($1.4b) | ($1.0b) | |
| Purchase Of Investment | — | — | — | — | — | — | ($1.4b) | ($1.7b) | ($1.7b) | ($1.3b) | |
| Sale Of Investment | — | — | — | — | — | — | $269.6m | $422.8m | $230.6m | $275.0m | |
| Payments for (Proceeds from) Other Investing Activities | $0 | ($400k) | ($3.1m) | ($2.7m) | ($2.0m) | $27.6m | ($30.1m) | ($2.7m) | ($2.2m) | ($3.1m) | |
| Payment for (Proceeds from) Other Investing Activity | $0 | $400k | $3.1m | $2.7m | $2.0m | ($27.6m) | $30.1m | $2.7m | $2.2m | $3.1m | |
| Net Other Investing Changes | — | — | — | — | — | — | $61.2m | $22.9m | $27.1m | $24.9m | |
| Net Cash Provided by (Used in) Investing Activities | ($394.9m) | ($428.3m) | ($676.1m) | ($439.7m) | ($904.9m) | ($917.7m) | ($1.1b) | ($1.2b) | ($1.4b) | ($1.0b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $859.4m | $792.6m | $693.7m | $743.0m | $1.6b | $1.5b | $848.3m | $1.4b | $1.3b | $4.8b | |
| Net proceeds from issuances of debt (original maturities longer than 90 days) | $859.4m | $792.6m | $693.7m | $743.0m | $1.6b | $1.5b | $848.3m | $1.4b | $1.3b | $4.8b | |
| Issuance Of Debt | — | — | — | — | — | — | $848.3m | $1.4b | $1.3b | $4.9b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $848.3m | $1.4b | $1.3b | $4.8b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $598.3m | $912.9m | $882.1m | $4.2b | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $598.3m | $920.0m | $882.1m | $4.1b | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $0 | ($7.1m) | $0 | $70.4m | |
| Short Term Debt Issuance | — | — | — | — | — | — | — | — | $0 | $70.4m | |
| Repayments of Long-term Debt | $800.0m | $703.0m | $632.8m | $410.0m | $1.1b | $884.0m | $250.0m | $500.0m | $413.5m | $733.4m | |
| Repayments of debt (original maturities longer than 90 days) | ($800.0m) | ($703.0m) | ($632.8m) | ($410.0m) | ($1.1b) | ($884.0m) | ($250.0m) | ($500.0m) | ($413.5m) | ($733.4m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($250.0m) | ($500.0m) | ($413.5m) | ($733.4m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($250.0m) | ($507.1m) | ($413.5m) | ($733.4m) | |
| Short Term Debt Payments | — | — | — | — | — | — | $0 | ($7.1m) | $0 | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($47.2m) | ($2.6m) | ($21.9m) | ($65.0m) | |
| Payments for Repurchase of Common Stock | $120.1m | $100.0m | $115.5m | $150.0m | $0 | $13.1m | $47.2m | $2.6m | $21.9m | $65.0m | |
| Common Stock Payments | — | — | — | — | — | — | ($47.2m) | ($2.6m) | ($21.9m) | ($65.0m) | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | — | $899.0m | |
| Dividends paid | $67 | $68 | $69 | $69 | $71 | $74 | $77 | $81 | $85 | $90 | |
| Share of affiliates’ earnings, net of dividends | ($12) | ($14) | ($15) | ($49) | ($62) | ($1) | $13 | ($47) | ($33) | ($67) | |
| Dividends | ($67) | ($68) | ($69) | ($69) | ($71) | ($74) | ($77) | ($81) | ($85) | ($90) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($76.6m) | ($80.6m) | ($84.8m) | ($89.8m) | |
| Proceeds from (Payments for) Other Financing Activities | $10.4m | ($2.6m) | ($2.8m) | $14.1m | ($26.3m) | $23.9m | $31.4m | $14.4m | $25.5m | $22.1m | |
| Net Other Financing Charges | — | — | — | — | — | — | $29.9m | $14.4m | ($4.9m) | $921.1m | |
| Net cash (used in) provided by financing activities | ($124.9m) | ($83.9m) | ($21.4m) | $21.9m | $21.8m | $0 | $0 | $844.1m | $770.5m | $4.9b | |
| Net Cash Provided by (Used in) Financing Activities | ($124.9m) | ($83.9m) | ($21.4m) | $21.9m | $355.6m | $463.1m | $504.4m | $844.1m | $770.5m | $4.9b | |
| Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Including Discontinued Operation | — | — | — | — | ($100k) | ($1.8m) | ($4.9m) | $1.6m | ($4.9m) | $7.0m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($4.9m) | $1.6m | ($4.9m) | $7.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $141.6m | $51.9m | ($40.5m) | $146.8m | ($49.0m) | $4.6b | |
| Net increase (decrease) in Cash, Cash Equivalents, and Restricted Cash during the year | — | — | ($193.0m) | $44.3m | $141.6m | $51.9m | ($40.5m) | $146.8m | ($49.0m) | $4.6b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $299.7m | $106.7m | $151.0m | $292.6m | $344.5m | $304.0m | $450.8m | $401.8m | $5.0b | |
| Cash, Cash Equivalents, and Restricted Cash at beginning of period | $311.1m | $299.7m | $106.7m | $151.0m | $292.6m | $344.5m | $304.0m | $450.8m | $401.8m | $5.0b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($40.5m) | $146.8m | ($49.0m) | $4.6b | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $185.1m | $189.8m | $196.6m | $202.7m | $260.1m | $350.1m | $413.2m | |
| Income Taxes Paid, Net | $28.6m | $21.5m | $18.1m | $11.6m | $21.4m | $10.3m | $18.7m | $17.3m | $23.0m | $14.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.