Q1 25 EPS
$2.15
BEAT +3.03%
Est. $2.09
Q1 25 Revenue
$421.6M
BEAT +1.08%
Est. $417.1M
vs S&P Since Q1 25
-9.8%
TRAILING MARKET
GATX +24.4% vs S&P +34.2%
Market Reaction
Did GATX Beat Earnings? Q1 2025 Results
GATX Corporation kicked off 2025 with a solid beat on both the top and bottom lines, reporting first-quarter earnings per diluted share of $2.15 against a consensus estimate of $2.09, a 3.03% beat, while revenue climbed 11.0% year over year to $421.6… Read more GATX Corporation kicked off 2025 with a solid beat on both the top and bottom lines, reporting first-quarter earnings per diluted share of $2.15 against a consensus estimate of $2.09, a 3.03% beat, while revenue climbed 11.0% year over year to $421.60 million, edging past the $417.09 million analysts had expected. The standout driver behind the quarter was Engine Leasing, where segment profit surged to $38.60 million from $25.70 million a year earlier, fueled by strong demand for aircraft spare engines and higher earnings from the Rolls-Royce and Partners Finance affiliates. Rail North America, the company's largest segment, maintained fleet utilization of 99.2% and posted a 24.5% renewal lease rate increase, even as that figure moderated from 33.0% in the prior-year period. Net income rose to $78.60 million from $74.30 million in Q1 2024. Despite acknowledging macroeconomic uncertainty tied to trade policy volatility, CEO Robert Lyons reaffirmed full-year 2025 EPS guidance of $8.30 to $8.70, citing the durability of GATX's long-term lease portfolio across diversified end markets.
Key Takeaways
- • Rail North America fleet utilization at 99.2% with Lease Price Index renewal rate change of 24.5%
- • Strong renewal success rate of 85.1% with average renewal term of 61 months
- • Engine Leasing segment profit increased significantly driven by higher Rolls-Royce affiliate earnings and more engines under ownership
- • Over $30 million of remarketing income generated from secondary market railcar sales
- • Rail India fleet utilization at 99.6% and GATX Rail Europe utilization at 95.1%
- • Non-dedicated engine revenue increased to $21.5 million from $13.2 million year-over-year
GATX YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
GATX Revenue by Segment
With YoY comparisons, source: SEC Filings
“We continued to experience solid demand for our assets globally. At GATX Rail North America, fleet utilization was 99.2% at quarter end and the renewal success rate remained very strong at 85.1% during the quarter. The renewal lease rate change of GATX's Lease Price Index was 24.5% with an average renewal term of 61 months. We continued to optimize our fleet by selectively selling railcars in the secondary market, generating over $30 million of remarketing income in the quarter.”
— Robert C. Lyons, Q1 2025 Earnings Press Release
GATX Earnings Trends
GATX vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GATX EPS Trend
Earnings per share: estimate vs actual
GATX Revenue Trend
Quarterly revenue: estimate vs actual
GATX Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $2.28 | $2.35 | +3.27% | $583.7M | -2.68% |
| Q4 25 BEAT FY | $2.42 | $2.66 | +9.80% | $449.0M | +0.86% |
| FY Full Year | $8.75 | $9.12 | +4.19% | $1.74B | +0.23% |
| Q3 25 MISS | $2.32 | $2.25 | -3.11% | $439.3M | +0.81% |
| Q2 25 BEAT | $2.01 | $2.06 | +2.32% | $430.5M | +0.80% |
| Q1 25 BEAT | $2.09 | $2.15 | +3.03% | $421.6M | +1.08% |