v3.26.1
Financial Data of Business Segments (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Data
The following tables show certain segment data for each of our business segments (in millions):


Rail North America		Rail International
Engine Leasing		OtherGATX Consolidated
Three Months Ended March 31, 2026
Revenues
Lease revenue
$400.7 $100.4 $9.5 $8.1 $518.7 
Non-dedicated engine revenue— — 22.1 — 22.1 
Other revenue
36.0 4.8 — 2.1 42.9 
Total Revenues
436.7 105.2 31.6 10.2 583.7 
Expenses
Maintenance expense
120.6 19.1 — 1.0 140.7 
Depreciation expense
126.7 27.8 10.6 4.1 169.2 
Operating lease expense
7.4 — — — 7.4 
Other operating expense
13.1 5.3 3.1 0.3 21.8 
Total Expenses
267.8 52.2 13.7 5.4 339.1 
Other Income (Expense)
Net gain on asset dispositions
49.8 1.1 — 0.1 51.0 
Interest (expense) income, net(114.0)(25.0)(13.3)1.3 (151.0)
Other (expense) income
(0.8)2.5 3.1 1.4 6.2 
Share of affiliates' pre-tax earnings— — 27.6 — 27.6 
Segment Profit
$103.9 $31.6 $35.3 $7.6 $178.4 
Less:
Selling, general and administrative expense
71.3 
Income taxes (includes $6.8 related to affiliates' earnings)
28.0 
Net Income
$79.1 
Less: Net Loss Attributable to Non-Controlling Interest
(6.4)
Net Income Attributable to GATX
$85.5 
Net Gain on Asset Dispositions
Asset Remarketing Income:
Net gains on disposition of owned assets
$44.0 $— $— $0.1 $44.1 
Residual sharing income
0.1 — — — 0.1 
Non-remarketing net gains (1)
7.4 1.1 — — 8.5 
Asset impairments
(1.7)— — — (1.7)
$49.8 $1.1 $— $0.1 $51.0 
Capital Expenditures
Portfolio investments and capital additions
$4,464.2 $47.4 $0.2 $8.2 $4,520.0 
Selected Balance Sheet Data at March 31, 2026
Investments in affiliated companies
$— $— $752.4 $— $752.4 
Identifiable assets
$12,270.1 $2,812.6 $1,836.6 $1,024.9 $17,944.2 
_________
(1)     Includes net gains from scrapping of railcars.


Rail North America
Rail International
Engine Leasing		OtherGATX Consolidated
Three Months Ended March 31, 2025
Revenues
Lease revenue
$260.0 $83.6 $8.1 $7.9 $359.6 
Non-dedicated engine revenue— — 21.5 — 21.5 
Other revenue
33.3 4.9 — 2.3 40.5 
Total Revenues
293.3 88.5 29.6 10.2 421.6 
Expenses
Maintenance expense
83.7 18.5 — 1.3 103.5 
Depreciation expense
70.4 20.1 9.4 3.7 103.6 
Operating lease expense
7.6 — — — 7.6 
Other operating expense
7.5 4.6 2.8 1.1 16.0 
Total Expenses
169.2 43.2 12.2 6.1 230.7 
Other Income (Expense)
Net gain on asset dispositions
32.1 1.3 — — 33.4 
Interest (expense) income, net
(64.7)(19.1)(12.2)1.1 (94.9)
Other (expense) income
(2.7)(1.8)— 1.8 (2.7)
Share of affiliates' pre-tax earnings
— — 33.4 — 33.4 
Segment profit
$88.8 $25.7 $38.6 $7.0 $160.1 
Less:
Selling, general and administrative expense
56.6 
Income taxes (includes $8.3 related to affiliates' earnings)
24.9 
Net Income$78.6 
Less: Net Income Attributable to Non-Controlling Interest
— 
Net Income Attributable to GATX
$78.6 
Net Gain on Asset Dispositions
Asset Remarketing Income:
Net gains on disposition of owned assets
$30.5 $0.6 $— $— $31.1 
Residual sharing income
0.1 — — — 0.1 
Non-remarketing net gains (1)
5.1 0.7 — — 5.8 
Asset impairments
(3.6)— — — (3.6)
$32.1 $1.3 $— $— $33.4 
Capital Expenditures
Portfolio investments and capital additions
$227.7 $62.7 $— $5.9 $296.3 
Selected Balance Sheet Data at December 31, 2025
Investments in affiliated companies
$— $— $732.3 $— $732.3 
Identifiable assets
$12,235.5 $2,919.0 $1,831.6 $1,013.4 $17,999.5 
_________
(1)     Includes net gains from scrapping of railcars.