GATX Historical Income Statement

GATX Stock  USD 161.59  2.69  1.69%   
Historical analysis of GATX income statement accounts such as Total Revenue of 1.3 B or Gross Profit of 673.6 M can show how well GATX Corporation performed in making a profits. Evaluating GATX income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of GATX's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining GATX latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether GATX is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GATX Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About GATX Income Statement Analysis

GATX Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to GATX shareholders. The income statement also shows GATX investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

GATX Income Statement Chart

At this time, GATX's Interest Expense is fairly stable compared to the past year. Operating Income is likely to rise to about 1.2 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 239.4 M in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts GATX generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of GATX Corporation minus its cost of goods sold. It is profit before GATX operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of GATX. It is also known as GATX overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on GATX income statement and is an important metric when analyzing GATX profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from GATX's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into GATX current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GATX Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, GATX's Interest Expense is fairly stable compared to the past year. Operating Income is likely to rise to about 1.2 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 239.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit539.2M572.6M1.3B673.6M
Total Revenue1.3B1.3B1.4B1.3B

GATX income statement Correlations

0.690.630.410.17-0.030.140.350.19-0.180.68-0.180.410.00.89-0.720.370.52-0.330.56-0.440.140.47-0.6
0.690.670.57-0.260.480.60.71-0.270.290.51-0.620.42-0.020.49-0.630.230.59-0.090.62-0.760.030.74-0.62
0.630.670.40.310.320.00.090.290.160.92-0.040.690.070.65-0.660.390.87-0.140.02-0.12-0.130.12-0.03
0.410.570.4-0.540.690.690.65-0.60.250.4-0.710.3-0.10.37-0.090.250.160.010.61-0.57-0.120.61-0.3
0.17-0.260.31-0.54-0.7-0.9-0.770.98-0.190.350.910.070.220.33-0.18-0.010.4-0.1-0.570.740.03-0.710.41
-0.030.480.320.69-0.70.710.56-0.70.310.22-0.760.43-0.21-0.08-0.120.310.150.040.27-0.53-0.040.49-0.13
0.140.60.00.69-0.90.710.96-0.910.38-0.08-0.980.04-0.11-0.07-0.020.04-0.10.10.73-0.90.00.88-0.57
0.350.710.090.65-0.770.560.96-0.790.380.02-0.920.05-0.070.1-0.140.06-0.010.030.81-0.950.070.93-0.72
0.19-0.270.29-0.60.98-0.7-0.91-0.79-0.360.350.90.10.20.35-0.30.020.41-0.13-0.550.710.05-0.690.38
-0.180.290.160.25-0.190.310.380.38-0.36-0.03-0.250.010.01-0.320.44-0.110.060.13-0.04-0.19-0.110.17-0.02
0.680.510.920.40.350.22-0.080.020.35-0.030.050.660.140.73-0.650.430.78-0.130.0-0.04-0.110.070.01
-0.18-0.62-0.04-0.710.91-0.76-0.98-0.920.9-0.250.05-0.120.170.010.12-0.120.08-0.04-0.750.91-0.01-0.890.6
0.410.420.690.30.070.430.040.050.10.010.66-0.12-0.610.36-0.520.880.46-0.71-0.15-0.14-0.180.080.09
0.0-0.020.07-0.10.22-0.21-0.11-0.070.20.010.140.17-0.610.13-0.03-0.760.30.880.060.140.06-0.05-0.04
0.890.490.650.370.33-0.08-0.070.10.35-0.320.730.010.360.13-0.680.310.56-0.190.42-0.20.150.26-0.36
-0.72-0.63-0.66-0.09-0.18-0.12-0.02-0.14-0.30.44-0.650.12-0.52-0.03-0.68-0.36-0.680.23-0.270.34-0.1-0.320.38
0.370.230.390.25-0.010.310.040.060.02-0.110.43-0.120.88-0.760.31-0.360.16-0.86-0.07-0.150.110.080.02
0.520.590.870.160.40.15-0.1-0.010.410.060.780.080.460.30.56-0.680.160.07-0.04-0.02-0.050.030.0
-0.33-0.09-0.140.01-0.10.040.10.03-0.130.13-0.13-0.04-0.710.88-0.190.23-0.860.070.070.08-0.030.00.07
0.560.620.020.61-0.570.270.730.81-0.55-0.040.0-0.75-0.150.060.42-0.27-0.07-0.040.07-0.830.240.86-0.85
-0.44-0.76-0.12-0.570.74-0.53-0.9-0.950.71-0.19-0.040.91-0.140.14-0.20.34-0.15-0.020.08-0.83-0.07-0.990.82
0.140.03-0.13-0.120.03-0.040.00.070.05-0.11-0.11-0.01-0.180.060.15-0.10.11-0.05-0.030.24-0.070.03-0.29
0.470.740.120.61-0.710.490.880.93-0.690.170.07-0.890.08-0.050.26-0.320.080.030.00.86-0.990.03-0.82
-0.6-0.62-0.03-0.30.41-0.13-0.57-0.720.38-0.020.010.60.09-0.04-0.360.380.020.00.07-0.850.82-0.29-0.82
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GATX Account Relationship Matchups

GATX income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization332.7M342.8M378.4M371.3M392.1M239.4M
Interest Expense180.5M190.3M204M214M263.4M276.6M
Total Revenue1.2B1.2B1.3B1.3B1.4B1.3B
Gross Profit493.1M494.2M539.2M572.6M1.3B673.6M
Other Operating Expenses920.7M922.3M960.5M932.8M295.3M280.5M
Operating Income274.1M(56.6M)(71.2M)(58.1M)1.1B1.2B
Ebit274.1M315M397.9M330.1M1.1B1.2B
Ebitda606.8M657.8M776.3M701.4M1.1B1.2B
Cost Of Revenue709M715M718.2M700.4M82.6M78.5M
Total Operating Expenses211.7M207.3M242.3M232.4M212.7M350.0M
Income Before Tax195.1M145.2M125.3M177.1M245.5M147.0M
Total Other Income Expense Net(128.9M)(161.6M)(101.8M)(163.1M)(870.1M)(826.6M)
Net Income104.3M88M143.1M122.3M259.2M272.2M
Income Tax Expense40.9M37.3M53.2M54.8M(13.7M)(13.0M)
Selling General Administrative188.6M172M198.3M195M205.7M145.7M
Net Income Applicable To Common Shares211.2M151.3M143.1M155.9M179.3M172.8M
Net Income From Continuing Ops211.2M94.2M143.1M155.9M241.6M196.7M
Tax Provision48.4M37.3M53.2M54.8M68.3M71.7M
Net Interest Income(186.6M)(190.3M)(204M)(214M)(248.1M)(260.5M)
Reconciled Depreciation343.5M342.8M364.4M371.3M392.1M388.9M

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Additional Tools for GATX Stock Analysis

When running GATX's price analysis, check to measure GATX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GATX is operating at the current time. Most of GATX's value examination focuses on studying past and present price action to predict the probability of GATX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GATX's price. Additionally, you may evaluate how the addition of GATX to your portfolios can decrease your overall portfolio volatility.