GATX Corporation (GATX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 284,200 | 259,200 | 155,900 | 143,100 | 151,300 |
| Revenue | US$ in thousands | 1,585,500 | 1,410,900 | 1,273,000 | 1,257,400 | 1,209,200 |
| Net profit margin | 17.92% | 18.37% | 12.25% | 11.38% | 12.51% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $284,200K ÷ $1,585,500K
= 17.92%
The net profit margin of GATX Corporation has shown fluctuations over the years, reflecting the company's ability to generate profits relative to its revenue.
In 2020, the net profit margin was at 12.51%, which decreased slightly to 11.38% in 2021. However, the margin rebounded in 2022 to 12.25%, indicating improved profitability.
The most significant increase was seen in 2023, with the net profit margin jumping to 18.37%, suggesting effective cost management or revenue growth strategies.
In 2024, the margin remained strong at 17.92%, indicating continued profitability for the company. Overall, GATX Corporation has demonstrated varying levels of efficiency in converting revenue into profits, with an upward trend in recent years.
Peer comparison
Dec 31, 2024