Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Revenues | ||||
| Lease Income | $ 508.4 | $ 368.8 | $ 1,027.1 | $ 728.4 |
| Non-dedicated engine revenue | 20.6 | 20.5 | 42.7 | 42.0 |
| Other Operating Income | 51.1 | 41.2 | 94.0 | 81.7 |
| Total Revenues | 580.1 | 430.5 | 1,163.8 | 852.1 |
| Total expenses (1) | ||||
| Maintenance expense | 151.8 | 104.5 | 292.5 | 208.0 |
| Depreciation expense | 166.5 | 106.9 | 335.7 | 210.5 |
| Operating lease expense | 7.4 | 7.1 | 14.8 | 14.7 |
| Other operating expense | 24.8 | 16.5 | 46.6 | 32.5 |
| Selling, general and administrative expense | 69.2 | 58.2 | 140.5 | 114.8 |
| Total expenses (1) | 419.7 | 293.2 | 830.1 | 580.5 |
| Other Income (Expense) | ||||
| Net gain on asset dispositions | 69.7 | 40.5 | 120.7 | 73.9 |
| Interest expense, net | (143.0) | (96.2) | (294.0) | (191.1) |
| Other (expense) income | 12.7 | (1.1) | 18.9 | (3.8) |
| Income before income taxes | 99.8 | 80.5 | 179.3 | 150.6 |
| Income taxes | (26.0) | (21.0) | (47.2) | (37.6) |
| Share of affiliates' earnings, net of taxes | 37.2 | 16.0 | 58.0 | 41.1 |
| Net Income | 111.0 | 75.5 | 190.1 | 154.1 |
| Net income | 7.6 | 0.0 | 1.2 | 0.0 |
| Net income | $ 103.4 | $ 75.5 | $ 188.9 | $ 154.1 |
| GATX Share Data | ||||
| Basic earnings per share (in dollars per share) | $ 2.85 | $ 2.07 | $ 5.20 | $ 4.22 |
| Denominator for basic earnings per share — weighted average shares | 35.7 | 35.9 | 35.7 | 35.9 |
| Diluted earnings per share (in dollars per share) | $ 2.84 | $ 2.06 | $ 5.19 | $ 4.21 |
| Weighted Average Number of Shares Outstanding, Diluted | 35.8 | 35.9 | 35.8 | 36.0 |
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- Definition Depreciation, Production No definition available.
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- Definition Non-dedicated engine revenue No definition available.
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- Definition The aggregate costs of keeping the property in good condition but that do not appreciably prolong the life or increase the value of the property. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) from the difference between the sale price or salvage price and the book value of an asset that was sold or retired, and gain (loss) from the write down of assets from their carrying value to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of lease income from operating, direct financing, and sales-type leases. Includes, but is not limited to, variable lease payments, interest income, profit (loss) recognized at commencement, and lease payments paid and payable to lessor. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating lease expense. Excludes sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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