GATX Corp (GATX)
NYSE:GATX
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Earnings Data
Report Date
Jul 22, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.51Last Year’s EPS
2.06Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: EPS beat, very high fleet utilization, strong lease rate repricing (LPI +22.3%), solid secondary market demand and ~$50M of Q1 disposition gains, successful Wells Fargo integration, strong engine leasing fundamentals, and robust utilization in international markets (India 100%). The key negatives were timing-driven and transactional (lumpy remarketing income and limited JV disposition gains in Q1), a slightly lower renewal success rate versus prior-quarter outlier levels, and the usual maintenance and macro uncertainties. Management reiterated full-year guidance (including ~$200M of expected disposition gains and engine leasing segment profit of $180M–$185M) and framed the lowlights largely as timing or quarter-to-quarter noise rather than structural weaknesses.Company Guidance
EPS Beat and Year-over-Year Growth
Diluted EPS of $2.35 in Q1 2026 versus $2.15 in Q1 2025 (+$0.20, +9.3%), reported as a strong start to the year and described as in line with company expectations.
Very High Fleet Utilization in North America
Combined Rail North America fleet utilization of 98.1% at quarter end (Wells Fargo fleet entered 2026 at 96.5%), supporting robust lease revenue and pricing power.
Strong Lease Price Index (LPI) and Renewal Economics
Lease Price Index renewal rate change of +22.3% in Q1 (beat portion of consensus), average renewal term of 56 months, and renewal activity described as producing lease rate increases while extending term.
Successful Integration of Wells Fargo Fleet and JV Impact
Integration ahead of plan with successful January 1 data cutover, ~300 new customer accounts added, and management expectation that the full-year joint venture impact will be ~$0.20–$0.30 EPS (on track).
Substantial Secondary Market Gains and Dispositions
Approximately $50 million of gains on asset dispositions generated in Q1 supported by a robust secondary market; company reiterates guidance for ~$200 million total gains on dispositions for 2026 (GATX ~$130M, JV ~$70M).
Rail International & India Strength
Rail International fleet utilization steady at 94.7% (unchanged QoQ) and GATX Rail India utilization at 100%, reflecting resilient demand in key international markets.
Engine Leasing Operating Strength
Engine leasing (including JV with Rolls-Royce) produced excellent operating results with more engines on lease at higher lease rates; company expects engine leasing segment profit of $180M–$185M for 2026 (up from 2025).
New Car Placements From Supply Agreement
Placed over 8.4 thousand railcars under the 2022 Trinity supply agreement through Q1, supporting growth in the near-term delivery pipeline (earliest scheduled delivery in 2026).
GATX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GATX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $199.55 | $183.02 | -8.28% |
Feb 19, 2026 | $189.59 | $188.38 | -0.64% |
Oct 21, 2025 | $171.72 | $161.85 | -5.75% |
Jul 29, 2025 | $150.83 | $152.52 | +1.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does GATX Corp (GATX) report earnings?
GATX Corp (GATX) is schdueled to report earning on Jul 22, 2026, Before Open (Confirmed).
What is GATX Corp (GATX) earnings time?
GATX Corp (GATX) earnings time is at Jul 22, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GATX EPS forecast?
GATX EPS forecast for the fiscal quarter 2026 (Q2) is 2.51.