Upcoming Dividend • Jun 08
Upcoming dividend of US$0.66 per share Eligible shareholders must have bought the stock before 15 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.4%). Declared Dividend • May 20
First quarter dividend of US$0.66 announced Shareholders will receive a dividend of US$0.66. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next year, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 25
GATX Corporation Declares Quarterly Dividend, Payable on June 30, 2026 The board of directors of GATX Corporation declared a quarterly dividend of $0.66 per common share, payable June 30, 2026, to shareholders of record on June 15, 2026. This quarterly dividend is unchanged from the prior quarter. Annuncio • Apr 14
GATX Corporation to Report Q1, 2026 Results on May 07, 2026 GATX Corporation announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 07, 2026 Annuncio • Mar 16
GATX Corporation, Annual General Meeting, Apr 24, 2026 GATX Corporation, Annual General Meeting, Apr 24, 2026. Annuncio • Feb 19
GATX Corporation (NYSE:GATX) announces an Equity Buyback for $300 million worth of its shares. GATX Corporation (NYSE:GATX) announces a share repurchase program. Under the program, the company will repurchase up to $300 million worth of its common stock. Annuncio • Jan 20
GATX Corporation to Report Q4, 2025 Results on Feb 19, 2026 GATX Corporation announced that they will report Q4, 2025 results Pre-Market on Feb 19, 2026 Annuncio • Oct 31
GATX Corporation Declares Quarterly Dividend, Payable on December 31, 2025 The board of directors of GATX Corporation declared a quarterly dividend of $0.61 per common share, payable December 31, 2025, to shareholders of record on December 15, 2025. This quarterly dividend is unchanged from the prior quarter. Annuncio • Oct 21
GATX Corporation Reiterates Earnings Guidance for the Year 2025 GATX Corporation reiterated earnings guidance for the year 2025. For the year, the company reiterated 2025 full-year earnings to be in the range of $8.50–$8.90 per diluted share. Annuncio • Oct 02
GATX Corporation to Report Q3, 2025 Results on Oct 21, 2025 GATX Corporation announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 21, 2025 Annuncio • Jul 29
GATX Corporation Raises Earnings Guidance for the Full Year 2025 GATX Corporation raised earnings guidance for the full year 2025. For the year, the company expects earnings to be in the range of $8.50–$8.90 per diluted share. Annuncio • Jul 24
GATX Corporation Declares Quarterly Dividend, Payable September 30, 2025 The board of directors of GATX Corporation declared a quarterly dividend of $0.61 per common share, payable September 30, 2025, to shareholders of record on September 15, 2025. Annuncio • Jul 15
GATX Corporation Adds Robert S. Wetherbee to Board of Directors GATX Corporation has announced the election of Robert “Bob” S. Wetherbee to its board of directors, where he will also serve on the Audit and Compensation Committees. With Mr. Wetherbee's appointment, the GATX board now comprises nine members, including eight independent directors. Mr. Wetherbee, 65, is executive chairman of ATI Inc. He became president and chief executive officer of ATI in January 2019 and was named board chair in May 2021. He’s held his current position since July 2024. Mr. Wetherbee joined ATI in 2010 and served as president of its Tungsten Materials and Flat Rolled Products businesses. Mr. Wetherbee served in a variety of key leadership roles over 29 years at Alcoa Inc. as well as at Minerals Technologies Inc. and Metalspectrum.com, an industry-led e-commerce marketplace. Mr. Wetherbee currently serves on the board of directors of Commercial Metals Company, a global manufacturer, recycler and marketer of steel and metal products, related materials and services, and he has served as board chair since September 2024. Mr. Wetherbee holds a Bachelor of Science degree in industrial administration with an emphasis in accounting from Iowa State University. Annuncio • Jul 02
GATX Corporation to Report Q2, 2025 Results on Jul 29, 2025 GATX Corporation announced that they will report Q2, 2025 results Pre-Market on Jul 29, 2025 Annuncio • May 31
GATX Corporation (NYSE:GATX) and Brookfield Infrastructure Partners L.P. (NYSE:BIP) entered into a definitive agreement to acquire Rail Assets of Wells Fargo & Company (NYSE:WFC) for $4.4 billion. GATX Corporation (NYSE:GATX) and Brookfield Infrastructure Partners L.P. (NYSE:BIP) entered into a definitive agreement to acquire Rail Assets of Wells Fargo & Company (NYSE:WFC) for $4.4 billion on May 29, 2025. The sale includes Wells Fargo's entire portfolio of rail operating lease assets. Wells Fargo Securities, LLC, BofA Securities, MUFG Bank Ltd., and Sumitomo Mitsui Banking Corporation (SMBC) are providing the joint venture with a fully underwritten $3.2 billion 5-year unsecured term loan and a $250 million unsecured revolving credit facility. The transaction is subject to customary closing conditions, including required regulatory approvals and clearances, and it is expected to close in the first quarter of 2026 or sooner. Wells Fargo Securities, LLC served as exclusive financial advisor, and Simpson Thacher & Bartlett, LLP served as legal counsel to Wells Fargo in connection with the transaction. BofA Securities acted as the sole financial advisor to GATX and Brookfield Infrastructure. Mayer Brown is serving as legal counsel to GATX. Otness, Eric C, Perez, Ralph E, Brill, Jeffrey A, Reed, Michael, Romero, Jeff A, Wagener, David M, Schwartz, Kenneth B, Moniri, Aryan, Kumayama, Ken D of Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel to Brookfield Infrastructure. Annuncio • Apr 25
GATX Corporation Announces Quarterly Dividend, Payable June 30, 2025 The board of directors of GATX Corporation declared a quarterly dividend of $0.61 per common share, payable June 30, 2025, to shareholders of record on June 13, 2025. This quarterly dividend is unchanged from the prior quarter. Annuncio • Apr 23
GATX Corporation Reiterates Earnings Guidance for the Year 2025 GATX Corporation reiterated earnings guidance for the year 2025. For the year, the company expects full year earnings to be $8.30–$ 8.70 per diluted share. Annuncio • Apr 03
GATX Corporation to Report Q1, 2025 Results on Apr 23, 2025 GATX Corporation announced that they will report Q1, 2025 results Pre-Market on Apr 23, 2025 Annuncio • Mar 17
GATX Corporation, Annual General Meeting, Apr 25, 2025 GATX Corporation, Annual General Meeting, Apr 25, 2025. Annuncio • Feb 01
GATX Corporation Declares Quarterly Dividend, Payable on March 31, 2025 The board of directors of GATX Corporation declared a quarterly dividend of $0.61 per common share, payable on March 31, 2025, to shareholders of record on February 28, 2025. The dividend amount announced represents a 5.2% increase from the prior year’s dividend. Annuncio • Jan 24
GATX Corporation Provides Earnings Guidance for the Year 2025 GATX Corporation provided earnings guidance for the year 2025. The company expects 2025 earnings to be in the range of $8.30 to $8.70 per diluted share. Annuncio • Jan 09
GATX Corporation to Report Q4, 2024 Results on Jan 23, 2025 GATX Corporation announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Jan 23, 2025 Declared Dividend • Nov 03
Third quarter dividend of US$0.58 announced Shareholders will receive a dividend of US$0.58. Ex-date: 13th December 2024 Payment date: 31st December 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Oct 25
GATX Corporation Announces Quarterly Dividend, Payable December 31, 2024 GATX Corporation declared a quarterly dividend of $0.58 per common share, payable December 31, 2024, to shareholders of record on Dec. 13, 2024. This quarterly dividend is unchanged from the prior quarter. Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: US$2.49 (vs US$1.45 in 3Q 2023) Third quarter 2024 results: EPS: US$2.49 (up from US$1.45 in 3Q 2023). Revenue: US$405.4m (up 13% from 3Q 2023). Net income: US$89.0m (up 73% from 3Q 2023). Profit margin: 22% (up from 14% in 3Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 22
GATX Corporation Updates Earnings Guidance for the Full Year 2024 GATX Corporation updated earnings guidance for the full year 2024. For the year, the company expects earnings to be in the range of $7.50–$7.70 per diluted share. Annuncio • Oct 07
GATX Corporation to Report Q3, 2024 Results on Oct 22, 2024 GATX Corporation announced that they will report Q3, 2024 results Pre-Market on Oct 22, 2024 Upcoming Dividend • Sep 06
Upcoming dividend of US$0.58 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.2%). Annuncio • Aug 15
Gatx Corporation Appoints Christopher LaHurd as Senior Vice President, International GATX Corporation announced that Christopher LaHurd has been appointed senior vice president, international, effective immediately. In this role, Mr. LaHurd will focus on developing and implementing strategic and operational initiatives that position GATX to fully capitalize on the attractive growth opportunities in the European rail market. Mr. LaHurd joined GATX Corporation in 2008 and has served in a number of finance and business development roles over the years. Most recently, he was vice president, international business development. Mr. LaHurd received his Bachelor of Science in Applied Mathematics from The University of Akron and his Masters of Business Administration from The University of Michigan. Declared Dividend • Aug 04
Second quarter dividend of US$0.58 announced Shareholders will receive a dividend of US$0.58. Ex-date: 13th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next year, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 26
GATX Corporation Declares Quarterly Dividend, Payable on September 30, 2024 The board of directors of GATX Corporation declared a quarterly dividend of $0.58 per common share, payable September 30, 2024, to shareholders of record on September 13, 2024. Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: US$1.24 (vs US$1.74 in 2Q 2023) Second quarter 2024 results: EPS: US$1.24 (down from US$1.74 in 2Q 2023). Revenue: US$386.7m (up 13% from 2Q 2023). Net income: US$44.4m (down 28% from 2Q 2023). Profit margin: 12% (down from 18% in 2Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 24
GATX Corporation Reaffirms Earnings Guidance for the Fiscal Year 2024 GATX Corporation reaffirmed earnings guidance for the fiscal year 2024. for the year, the company expects earnings estimate remains unchanged at $7.30–$7.70 per diluted share, excluding the impact of Tax Adjustments and Other Items. Annuncio • Jul 04
GATX Corporation to Report Q2, 2024 Results on Jul 23, 2024 GATX Corporation announced that they will report Q2, 2024 results Pre-Market on Jul 23, 2024 Upcoming Dividend • Jun 07
Upcoming dividend of US$0.58 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 30 June 2024. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.2%). Declared Dividend • May 06
First quarter dividend of US$0.58 announced Shareholders will receive a dividend of US$0.58. Ex-date: 14th June 2024 Payment date: 30th June 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.5% over the next year, which should provide support to the dividend and adequate earnings cover. Annuncio • Apr 27
GATX Corporation Declares Quarterly Dividend, Payable June 30, 2024 The board of directors of GATX Corporation declared a quarterly dividend of $0.58 per common share, payable June 30, 2024, to shareholders of record on June 14, 2024. This quarterly dividend is unchanged from the prior quarter. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: US$2.08 (vs US$2.13 in 1Q 2023) First quarter 2024 results: EPS: US$2.08 (down from US$2.13 in 1Q 2023). Revenue: US$379.9m (up 12% from 1Q 2023). Net income: US$74.3m (down 2.1% from 1Q 2023). Profit margin: 20% (down from 22% in 1Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 23
GATX Corporation Reaffirms Earnings Guidance for the Year 2024 GATX Corporation reaffirmed earnings guidance for the year 2024. For the 2024 full-year earnings estimate remains unchanged at $7.30 to $7.70 per diluted share. Annuncio • Apr 04
GATX Corporation to Report Q1, 2024 Results on Apr 23, 2024 GATX Corporation announced that they will report Q1, 2024 results Pre-Market on Apr 23, 2024 Annuncio • Mar 16
GATX Corporation, Annual General Meeting, Apr 26, 2024 GATX Corporation, Annual General Meeting, Apr 26, 2024, at 09:00 Central Standard Time. Agenda: To consider election of 9 Directors; to consider adoption of Advisory Resolution to Approve Executive Compensation; to consider Ratification of Independent Registered Public Accounting Firm; and to consider other matters. Upcoming Dividend • Feb 22
Upcoming dividend of US$0.58 per share Eligible shareholders must have bought the stock before 29 February 2024. Payment date: 31 March 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (2.7%). Declared Dividend • Jan 31
Fourth quarter dividend of US$0.58 announced Shareholders will receive a dividend of US$0.58. Ex-date: 29th February 2024 Payment date: 31st March 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.4% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jan 27
GATX Corporation Announces Quarterly Dividend Increase, Payable on March 31, 2024 The board of directors of GATX Corporation declared a quarterly dividend of $0.58 per common share, payable March 31, 2024, to shareholders of record on March 3, 2024. Annuncio • Jan 26
Gatx Corporation Announces Election of John M. Holmes to Its Board of Directors GATX Corporation announced the election of John M. Holmes to its board of directors. Mr. Holmes will also serve as a member of the board’s Audit Committee. With the appointment of Mr. Holmes, the GATX board will now consist of 10 members, including nine independent directors. Mr. Holmes, 47, is chairman, president and chief executive officer of AAR CORP. Mr. Holmes was named president of AAR in 2017, chief executive officer in 2018, and chairman of AAR’s board of directors in 2023. Mr. Holmes joined AAR in 2001 as director of mergers and acquisitions and became general manager of AAR’s Parts Supply business in 2003, and progressively assumed responsibility of other businesses with a focus on achieving growth and operational efficiencies. Prior to joining AAR, Mr. Holmes worked in investment banking and private equity. He holds an MBA from the University of Chicago and a bachelor’s degree in finance from the University of Illinois Urbana-Champaign. Reported Earnings • Jan 24
Full year 2023 earnings released: EPS: US$7.26 (vs US$4.40 in FY 2022) Full year 2023 results: EPS: US$7.26 (up from US$4.40 in FY 2022). Revenue: US$1.41b (up 11% from FY 2022). Net income: US$259.2m (up 66% from FY 2022). Profit margin: 18% (up from 12% in FY 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 23
GATX Corporation Provides Earnings Guidance for the Year 2024 GATX Corporation provided earnings guidance for the year 2024. For the year, The company expects 2024 earnings to be in the range of $7.30 to $7.70 per diluted share. Annuncio • Jan 05
GATX Corporation to Report Q4, 2023 Results on Jan 23, 2024 GATX Corporation announced that they will report Q4, 2023 results Pre-Market on Jan 23, 2024 Upcoming Dividend • Dec 07
Upcoming dividend of US$0.55 per share at 2.0% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 31 December 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (2.7%). Annuncio • Oct 28
Gatx Corporation Announces Quarterly Dividend, Payable on December 31, 2023 The board of directors of GATX Corporation declared a quarterly dividend of $0.55 per common share, payable on December 31, 2023, to shareholders of record on December 15, 2023. This quarterly dividend is unchanged from the prior quarter. Annuncio • Oct 25
GATX Corporation Revises Earnings Guidance for the Year 2023 GATX Corporation revised earnings guidance for the year 2023. For the period, the company expects to modestly exceed the high end of its previously announced guidance range of $6.50–$6.90 per diluted share. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: US$1.47 (vs US$0.83 in 3Q 2022) Third quarter 2023 results: EPS: US$1.47 (up from US$0.83 in 3Q 2022). Revenue: US$360.1m (up 12% from 3Q 2022). Net income: US$52.5m (up 80% from 3Q 2022). Profit margin: 15% (up from 9.1% in 3Q 2022). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 20% per year. Annuncio • Oct 05
GATX Corporation to Report Q3, 2023 Results on Oct 24, 2023 GATX Corporation announced that they will report Q3, 2023 results Pre-Market on Oct 24, 2023 Upcoming Dividend • Sep 07
Upcoming dividend of US$0.55 per share at 1.9% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 30 September 2023. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.8%). Annuncio • Aug 17
GATX Corporation Announces Executive Promotions GATX Corporation announced three senior leadership promotions, effective immediately: Kevin J. Hillesland has been appointed Senior Vice President, Structured Finance, where he will continue to drive various strategic initiatives, including GATX’s investment in aircraft spare engines. Since joining GATX in 1994, Mr. Hillesland has held leadership positions in corporate finance, portfolio investments and structured finance with increasing responsibility. He also serves as a board member of Rolls-Royce & Partners Finance, GATX’s 50% owned aircraft spare engine leasing joint venture. In his most recent role as Vice President & Executive Director, Structured Finance, Mr. Hillesland led efforts to grow GATX’s program of direct investment in aircraft spare engines. Geoffrey D. Phillips has been appointed Senior Vice President, Operations, where he will continue to lead Rail North America’s maintenance operations. Since joining GATX in 1996, Mr. Phillips has held leadership positions in finance, business development, customer experience, operations and rail services and logistics with increasing responsibility. In his most recent role as Vice President & Group Executive, Operations, Mr. Phillips implemented numerous maintenance network optimization initiatives that resulted in improved operational efficiency and productivity across GATX’s rail maintenance shops while maintaining the highest level of safety. John M. Sbragia has been appointed Senior Vice President, Engineering and Quality, where hewill continue to lead Rail North America’s railcar engineering, product design and development and quality control functions. Since joining GATX in 1998, Mr. Sbragia has held leadership positions in engineering and quality with increasing responsibility. He is regarded as an industry leader and subject matter expert in railcar engineering and design. In his most recent role as Vice President & Group Executive, Engineering and Quality, Mr. Sbragia represented GATX on a number of regulatory committees and trade organizations to share his extensive technical knowledge. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: US$1.78 (vs US$0.073 in 2Q 2022) Second quarter 2023 results: EPS: US$1.78 (up from US$0.073 in 2Q 2022). Revenue: US$343.2m (up 9.8% from 2Q 2022). Net income: US$63.3m (up US$60.7m from 2Q 2022). Profit margin: 18% (up from 0.8% in 2Q 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 06
GATX Corporation to Report Q2, 2023 Results on Jul 25, 2023 GATX Corporation announced that they will report Q2, 2023 results Pre-Market on Jul 25, 2023 Upcoming Dividend • Jun 07
Upcoming dividend of US$0.55 per share at 1.8% yield Eligible shareholders must have bought the stock before 14 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%). Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: US$2.19 (vs US$2.14 in 1Q 2022) First quarter 2023 results: EPS: US$2.19 (up from US$2.14 in 1Q 2022). Revenue: US$338.9m (up 7.0% from 1Q 2022). Net income: US$77.4m (up 2.1% from 1Q 2022). Profit margin: 23% (down from 24% in 1Q 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Upcoming Dividend • Feb 23
Upcoming dividend of US$0.55 per share at 2.1% yield Eligible shareholders must have bought the stock before 02 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.5%). Annuncio • Jan 28
GATX Corporation Declares Quarterly Dividend, Payable Mar. 31, 2023 The board of directors of GATX Corporation declared a quarterly dividend of $0.55 per common share, payable Mar. 31, 2023, to shareholders of record on Mar. 3, 2023. GATX has paid quarterly dividends without interruption since 1919, and the dividend amount announced represents a 5.8% increase from the prior year’s dividend. Annuncio • Jan 25
GATX Corporation Provides Earnings Guidance for the Year 2023 GATX Corporation provided earnings guidance for the year 2023. The company expects 2023 earnings to be in the range of $6.50 to $6.90 per diluted share. Reported Earnings • Jan 25
Full year 2022 earnings released: EPS: US$4.40 (vs US$4.04 in FY 2021) Full year 2022 results: EPS: US$4.40 (up from US$4.04 in FY 2021). Revenue: US$1.27b (up 1.2% from FY 2021). Net income: US$155.9m (up 8.9% from FY 2021). Profit margin: 12% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Annuncio • Jan 05
GATX Corporation to Report Q4, 2022 Results on Jan 24, 2023 GATX Corporation announced that they will report Q4, 2022 results Pre-Market on Jan 24, 2023 Upcoming Dividend • Dec 07
Upcoming dividend of US$0.52 per share Eligible shareholders must have bought the stock before 14 December 2022. Payment date: 31 December 2022. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.9%). Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. President, CEO & Director Bob Lyons was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 06
Executive VP recently sold €267k worth of stock On the 2nd of November, Deborah Golden sold around 3k shares on-market at roughly €107 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.9m more than they bought in the last 12 months. Annuncio • Nov 02
GATX Corporation Appoints James B. Ream as Independent Chair of the Board GATX Corporation announced that James B. Ream has been named as the company’s independent chair of its board of directors, effective November 1, 2022. Mr. Ream succeeds Brian A. Kenney, who retired as the company’s president and chief executive officer in April 2022 and who has served on the board as non-executive chair for a transitional period ending Oct. 31, 2022. The board previously announced its intention to separate the board chair and CEO roles following the transitional period. Mr. Ream has served as the company’s independent lead director for the past five years. Mr. Ream brings significant industry, strategic, financial and operational expertise to this position. He most recently served as senior vice president, operations and senior vice president, maintenance and engineering at American Airlines. Previously, Mr. Ream served as president and chief executive officer of ExpressJet Holdings Inc., an operator of regional jets in North America, and he also held leadership roles at Continental Airlines and Evergreen International Aviation. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. President, CEO & Director Bob Lyons was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Oct 29
GATX Corporation Declares Quarterly Dividend, Payable December 31, 2022 The board of directors of GATX Corporation declared a quarterly dividend of $0.52 per common share, payable Dec. 31, 2022, to shareholders of record on Dec. 15, 2022. This quarterly dividend is unchanged from the prior quarter. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: US$0.83 (vs US$1.13 in 3Q 2021) Third quarter 2022 results: EPS: US$0.83 (down from US$1.13 in 3Q 2021). Revenue: US$321.0m (up 2.4% from 3Q 2021). Net income: US$29.1m (down 27% from 3Q 2021). Profit margin: 9.1% (down from 13% in 3Q 2021). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annuncio • Oct 07
GATX Corporation to Report Q3, 2022 Results on Oct 25, 2022 GATX Corporation announced that they will report Q3, 2022 results Pre-Market on Oct 25, 2022 Board Change • Oct 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. President, CEO & Director Bob Lyons was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Sep 21
GATX Corporation Announces Executive Changes GATX Corporation announced that Deborah A. Golden, executive vice president, general counsel and corporate secretary of GATX Corporation, has elected to retire effective Nov. 30, 2022. Ms. Golden joined GATX in 2006 as vice president and general counsel. Brian L. Glassberg, currently deputy general counsel of GATX, has been appointed executive vice president, general counsel and corporate secretary effective Dec. 1, 2022. Mr. Glassberg joined GATX in 2011 as assistant general counsel and has since served in various leadership roles in the law department. As deputy general counsel, he has responsibility for corporate governance, securities and international matters in addition to overseeing and providing legal support for all North American railcar and locomotive commercial and transactional matters. Prior to joining GATX, Mr. Glassberg was a corporate attorney at Latham & Watkins, LLP. Mr. Glassberg earned his J.D. from Harvard Law School and his bachelor’s degree in history from the University of Maryland. Upcoming Dividend • Sep 07
Upcoming dividend of US$0.52 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%). Annuncio • Jul 30
GATX Corporation Declares Quarterly Dividend, Payable on September 30, 2022 The board of directors of GATX Corporation declared a quarterly dividend of $0.52 per common share, payable September 30, 2022, to shareholders of record on September 15, 2022. This quarterly dividend is unchanged from the prior quarter. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: US$0.073 (vs US$0.15 in 2Q 2021) Second quarter 2022 results: EPS: US$0.073 (down from US$0.15 in 2Q 2021). Revenue: US$312.7m (down 1.4% from 2Q 2021). Net income: US$2.60m (down 53% from 2Q 2021). Profit margin: 0.8% (down from 1.7% in 2Q 2021). Over the next year, revenue is forecast to grow 4.2%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annuncio • Jul 22
GATX Corporation Revises Consolidated Earnings Guidance for the Year 2022 GATX Corporation revised consolidated earnings guidance for the year 2022. The company increases 2022 full-year earnings guidance to $5.60 - $6.00 per diluted share. Annuncio • Jul 08
GATX Corporation to Report Q2, 2022 Results on Jul 21, 2022 GATX Corporation announced that they will report Q2, 2022 results Pre-Market on Jul 21, 2022 Annuncio • Jul 02
Gatx Corporation Announces Executive Changes GATX Corporation announced certain changes to various reporting structures relating to its GATX Rail Europe, GATX Rail India and Trifleet business units. As a result, effective October 1, 2022, N. Gokce Tezel, Executive Vice President of GATX and President - Rail International, will become a Strategic Advisor to GATX Chief Executive Officer Robert C. Lyons and other senior leaders of GATX through June 30, 2023 or Mr. Tezel’s earlier voluntary resignation. The Company expects to enter into an agreement with Mr. Tezel providing for his service as Strategic Advisor; however, the terms of such agreement have not been finalized. Upcoming Dividend • Jun 07
Upcoming dividend of US$0.52 per share Eligible shareholders must have bought the stock before 14 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (2.5%). Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: US$2.14 (vs US$1.04 in 1Q 2021) First quarter 2022 results: EPS: US$2.14 (up from US$1.04 in 1Q 2021). Revenue: US$316.6m (up 3.5% from 1Q 2021). Net income: US$75.8m (up 108% from 1Q 2021). Profit margin: 24% (up from 12% in 1Q 2021). Over the next year, revenue is forecast to grow 4.0%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Adam Stanley was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 23
GATX Corporation Announces Quarterly Dividend, Payable June 30, 2022 The board of directors of GATX Corporation declared a quarterly dividend of $0.52 per common share, payable June 30, 2022, to shareholders of record on June 15, 2022. Reported Earnings • Apr 21
First quarter 2022 earnings released: EPS: US$2.14 (vs US$1.04 in 1Q 2021) First quarter 2022 results: EPS: US$2.14 (up from US$1.04 in 1Q 2021). Revenue: US$316.6m (up 3.5% from 1Q 2021). Net income: US$75.8m (up 108% from 1Q 2021). Profit margin: 24% (up from 12% in 1Q 2021). Over the next year, revenue is forecast to grow 4.3%, compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annuncio • Apr 21
GATX Corporation Reiterates Earnings Guidance for the Year 2022 GATX Corporation reiterated earnings guidance for the year 2022. For the year, the company expects earnings to be in the range of $5.50 to $5.80 per diluted share, excluding the impact of Tax Adjustments and Other Items. Recent Insider Transactions • Apr 07
Chairman recently sold €7.6m worth of stock On the 1st of April, Brian Kenney sold around 68k shares on-market at roughly €112 per share. This was the largest sale by an insider in the last 3 months. This was Brian's only on-market trade for the last 12 months. Annuncio • Apr 07
GATX Corporation to Report Q1, 2022 Results on Apr 20, 2022 GATX Corporation announced that they will report Q1, 2022 results Pre-Market on Apr 20, 2022 Recent Insider Transactions • Feb 27
Executive VP recently sold €2.2m worth of stock On the 23rd of February, Deborah Golden sold around 23k shares on-market at roughly €93.54 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.1m more than they bought in the last 12 months. Upcoming Dividend • Feb 17
Upcoming dividend of US$0.52 per share Eligible shareholders must have bought the stock before 24 February 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.7%). Recent Insider Transactions • Feb 06
Senior VP & Chief Information Officer recently sold €111k worth of stock On the 2nd of February, Niyi Adedoyin sold around 1k shares on-market at roughly €92.26 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.0m more than they bought in the last 12 months. Annuncio • Feb 02
GATX Corporation Appoints Paul F. Titterton as Next President of Rail North America GATX Corporation announced that Paul F. Titterton will be the next president of Rail North America, effective April 22, 2022. Mr. Titterton will succeed Robert C. Lyons, who as previously announced will assume the role of chief executive officer of GATX Corporation, effective the same date. Mr. Titterton, currently senior vice president and chief operating officer of Rail North America, will also be appointed an executive vice president of GATX Corporation on the transition date. Mr. Titterton has served as Senior Vice President and Chief Operating Officer, Rail North America since August 2018. Previously, Mr. Titterton served as Senior Vice President and Chief Commercial Officer, Rail North America from 2015 to August 2018; Vice President and Chief Commercial Officer from 2013 to 2015; Vice President and Group Executive, Fleet Management, Marketing and Government Affairs from 2011 to 2013; Vice President and Executive Director, Fleet Management from 2008 to 2011; and in a variety of positions of increasing responsibility since joining the company in 1997. Annuncio • Jan 30
GATX Corporation Announces Quarterly Dividend, Payable on Mar. 31, 2022 The board of directors of GATX Corporation declared a quarterly dividend of $0.52 per common share, payable Mar. 31, 2022, to shareholders of record on Feb. 25, 2022. Reported Earnings • Jan 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$4.04 (down from US$4.29 in FY 2020). Revenue: US$1.26b (up 4.0% from FY 2020). Net income: US$143.1m (down 4.7% from FY 2020). Profit margin: 11% (down from 12% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.7%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.