v3.26.1
Financial Data of Business Segments (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2026
Revenues
Lease revenue
$391.0 $100.3 $8.8 $8.3 $508.4 
Non-dedicated engine revenue— — 20.6 — 20.6 
Other revenue
44.0 5.3 — 1.8 51.1 
Total Revenues
435.0 105.6 29.4 10.1 580.1 
Expenses
Maintenance expense
131.8 19.2 — 0.8 151.8 
Depreciation expense
124.0 27.9 10.6 4.0 166.5 
Operating lease expense
7.4 — — — 7.4 
Other operating expense
15.8 4.9 3.0 1.1 24.8 
Total Expenses
279.0 52.0 13.6 5.9 350.5 
Other Income (Expense)
Net gain on asset dispositions
67.7 2.0 — — 69.7 
Interest expense, net(103.7)(23.9)(12.7)(2.7)(143.0)
Other (expense) income
(1.5)(0.1)13.7 0.6 12.7 
Share of affiliates' pre-tax earnings— — 49.6 — 49.6 
Segment Profit
$118.5 $31.6 $66.4 $2.1 $218.6 
Less:
Selling, general and administrative expense
69.2 
Income taxes (includes $12.4 related to affiliates' earnings)
38.4 
Net Income
$111.0 
Less: Net Income Attributable to Non-Controlling Interest
7.6 
Net Income Attributable to GATX
$103.4 
Net Gain on Asset Dispositions
Asset Remarketing Income:
Net gains on disposition of owned assets
$58.3 $0.8 $— $— $59.1 
Residual sharing income
0.1 — — — 0.1 
Non-remarketing net gains (1)
9.3 1.2 — — 10.5 
$67.7 $2.0 $— $— $69.7 
Capital Expenditures
Portfolio investments and capital additions
$147.1 $45.6 $— $7.8 $200.5 
Selected Balance Sheet Data at June 30, 2026
Investments in affiliated companies
$0.2 $— $721.7 $— $721.9 
Identifiable assets
$12,193.1 $2,821.1 $1,871.1 $835.6 $17,720.9 
_________
(1)     Includes net gains from scrapping of railcars.


Rail North America

Rail International

Engine Leasing
OtherGATX Consolidated
Three Months Ended June 30, 2025
Revenues
Lease revenue
$262.8 $89.6 $8.1 $8.3 $368.8 
Non-dedicated engine revenue— — 20.5 — 20.5 
Other revenue
32.9 6.2 — 2.1 41.2 
Total Revenues
295.7 95.8 28.6 10.4 430.5 
Expenses
Maintenance expense
84.3 18.9 — 1.3 104.5 
Depreciation expense
71.7 21.7 9.5 4.0 106.9 
Operating lease expense
7.1 — — — 7.1 
Other operating expense
7.8 4.9 2.9 0.9 16.5 
Total Expenses
170.9 45.5 12.4 6.2 235.0 
Other Income (Expense)
Net gain on asset dispositions
39.1 1.4 — — 40.5 
Interest expense, net
(64.4)(20.0)(11.6)(0.2)(96.2)
Other (expense) income
(2.8)0.5 0.1 1.1 (1.1)
Share of affiliates' pre-tax (losses) earnings
(0.1)— 22.6 — 22.5 
Segment profit
$96.6 $32.2 $27.3 $5.1 $161.2 
Less:
Selling, general and administrative expense
58.2 
Income taxes (includes $6.5 related to affiliates' earnings)
27.5 
Net Income$75.5 
Less: Net Income Attributable to Non-Controlling Interest
— 
Net Income Attributable to GATX
$75.5 
Net Gain on Asset Dispositions
Asset Remarketing Income:
Net gains on disposition of owned assets
$34.1 $— $— $— $34.1 
Residual sharing income
0.2 — — — 0.2 
Non-remarketing net gains (1)
4.8 1.4 — — 6.2 
$39.1 $1.4 $— $— $40.5 
Capital Expenditures
Portfolio investments and capital additions
$132.2 $81.1 $— $5.7 $219.0 
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.