GATX CORP senior vice president, treasurer and CRO Jennifer Van Aken exercised a 2020 non-qualified stock option for 1,700 shares of common stock at an exercise price of $77.07 per share on August 3, 2026, then sold those 1,700 shares in code S transactions at weighted average prices of $180.5819 and $181.2260 per share, with price ranges detailed in the footnotes.
GATX Corporation delivered higher results for the six months ended June 30, 2026, with net income attributable to GATX of $188.9 million, or $5.19 per diluted share, on revenues of $1,163.8 million, compared with $154.1 million, or $4.21 per diluted share, on $852.1 million of revenues in 2025. For the second quarter, net income attributable to GATX was $103.4 million, or $2.84 per diluted share, on revenues of $580.1 million.
Results were heavily influenced by the January 1, 2026 acquisition of approximately 101,000 railcars for $4.2 billion from Wells Fargo through the GABX joint venture with Brookfield, funded by a $2.96 billion term loan and equity contributions. GABX is consolidated and reported in Rail North America; GATX increased its ownership to 33.5% by exercising a $66.2 million call option on June 30, 2026.
Rail North America, Rail International, and Engine Leasing all showed higher lease revenues and gains on asset dispositions, supported by strong utilization, including 98.0% for the North American railcar fleet. Net cash provided by operating activities rose to $475.3 million, funding $4,720.5 million of portfolio investments and capital additions, while recourse debt was $12,289.3 million and return on equity attributable to GATX was 13.5%.
GATX Corporation reported strong 2026 second-quarter results, with net income attributable to GATX of $103.4 million, or $2.84 per diluted share, compared with $75.5 million, or $2.06 per diluted share, in the 2025 quarter. Total revenues were $580.1 million versus $430.5 million a year earlier. For the first six months of 2026, net income attributable to GATX was $188.9 million, or $5.19 per diluted share, compared with $154.1 million, or $4.21 per diluted share, in the prior-year period. The company raised its 2026 full-year earnings estimate to $9.90–$10.30 per diluted share.
Rail North America delivered segment profit of $118.5 million in Q2 2026, up from $96.6 million, driven by higher revenues and gains on asset dispositions, partly offset by higher interest, depreciation and maintenance. Fleet utilization for the combined fleet remained high at 98.0%, the renewal lease rate change in the Lease Price Index was 16.8% with a 54‑month average renewal term, and the renewal success rate was 82.6%. Gains on asset dispositions reached $67.7 million in the quarter and $117.5 million year to date.
Rail International recorded segment profit of $31.6 million versus $32.2 million, with GATX Rail Europe fleet utilization at 95.3% and Rail India at 100.0%. Engine Leasing segment profit increased to $66.4 million from $27.3 million, reflecting stronger operating and remarketing income at the RRPF affiliates; their portfolio comprised 468 aircraft engines, while GATX’s wholly owned engine portfolio held 46 engines as of June 30, 2026. Recourse leverage stood at 3.3x, with total debt and lease obligations net of unrestricted cash of $11,730.0 million and total equity of $3,589.9 million.
GATX Corporation exercised its first call option to increase its indirect ownership in GABX Leasing LLC from 30% to approximately 33.535%. This was done by acquiring an additional interest in GABX Leasing Holding LLC, the holding entity through which Brookfield-affiliated investors own the remaining stake.
At the same time, the limited liability company agreement of the holding entity was amended and restated. The new agreement admits GATX as a member and grants it joint approval rights over key actions such as amendments, equity issuances, indebtedness, capital calls, and major transactions. Brookfield will remain the managing member of the holding entity unless and until GATX acquires 100% of its outstanding units.
GATX Corporation amended its existing five-year credit agreement with a syndicate of lenders and Citibank, N.A. as administrative agent. The amendment extends the credit facility’s termination date by one year from May 21, 2030 to May 21, 2031.
The pricing of revolving loans was reduced and is now tied to GATX’s public credit rating, with interest margins ranging from 80.5–130 basis points for SOFR-based borrowings and 0–30 basis points for ABR-based borrowings. The facility fee payable to lenders was also lowered to a rating-based grid ranging from 7–20 basis points.
Earnest Partners, LLC reports beneficial ownership of 2,606,241 shares of GATX Corp common stock, equal to 7.3% of the class as of 03/31/2026. The filing states Earnest files as an investment adviser under Rule 13d-1(b)(1)(ii)(E). It discloses sole voting power over 1,626,302 shares, shared voting power over 409,171 shares, and sole dispositive power over all 2,606,241 shares. The amendment is signed by the Chief Compliance Officer on 05/12/2026.
GATX Corporation reported higher results for the quarter ended March 31, 2026, helped by a major railcar acquisition. Net income attributable to GATX was $85.5 million, up from $78.6 million, with diluted EPS rising to $2.35 from $2.15. Total revenues increased to $583.7 million from $421.6, driven mainly by Rail North America and Rail International.
On January 1, 2026, GATX, through the GABX joint venture with Brookfield, acquired about 101,000 railcars for $4.2 billion from Wells Fargo, funded by a $2.96 billion term loan and equity contributions, and also purchased 200 locomotives for approximately $30.4 million. Rail North America segment profit rose to $103.9 million, while Rail International and Engine Leasing delivered segment profits of $31.6 million and $35.3 million, respectively.
Investment volume surged to $4.52 billion, largely from the Wells Fargo assets, and net cash used in investing activities reached $4.36 billion. Recourse debt was $12.43 billion, and GATX ended the quarter with $740.9 million in cash and cash equivalents and utilization above 94% across major fleets, reflecting strong leasing demand despite macroeconomic and geopolitical uncertainty.
GATX Corporation reported stronger first-quarter 2026 results, with net income attributable to GATX of $85.5 million and diluted EPS of $2.35, up from $78.6 million and $2.15 a year earlier. Total revenue rose to $583.7 million, led by higher lease income and gains on asset sales.
Rail North America segment profit increased to $103.9 million, supported by lease revenue growth, approximately $50.0 million of gains on asset dispositions, and high fleet utilization of 98.1%. The company completed a major expansion by acquiring Wells Fargo’s rail operating lease portfolio for about $4.2 billion, driving first-quarter investment volume to $4.52 billion.
Rail International segment profit rose to $31.6 million, with utilization at 94.7% in Europe and 100.0% in India. Engine Leasing delivered segment profit of $35.3 million, slightly below last year due to remarketing timing, while demand for aircraft spare engines remained strong. GATX reiterated its 2026 full-year earnings guidance of $9.50–$10.10 per diluted share.
GATX CORP director John McClain Holmes III acquired 129 restricted stock units (RSUs) tied to GATX common stock on May 1, 2026 under the company’s Amended and Restated Directors' Voluntary Deferred Fee Plan.
The RSUs were credited to his deferred account at a reference price of $194.9175 per share. Footnotes explain that 13 RSUs came from the plan’s dividend reinvestment feature, while 115 RSUs resulted from his election to defer his annual cash retainer and other board fees into RSUs. Each RSU represents the right to receive one GATX common share upon settlement, generally after he leaves the board. Following this award, he directly holds 4,321 shares of GATX common stock.