GATX Corporation (GATX)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	259,200	241,600	218,200	157,500	155,900	168,500	179,500	182,400	143,100	99,900	107,700	141,500	151,300	190,100	187,300	216,000	211,200	203,800	205,700	176,500
Revenue (ttm)	US$ in thousands	1,410,900	1,364,900	1,325,800	1,295,300	1,273,000	1,271,300	1,263,800	1,268,200	1,257,400	1,241,300	1,232,200	1,215,600	1,209,200	1,204,800	1,199,200	1,196,200	1,202,100	1,258,000	1,308,900	1,360,900
Net profit margin		18.37%	17.70%	16.46%	12.16%	12.25%	13.25%	14.20%	14.38%	11.38%	8.05%	8.74%	11.64%	12.51%	15.78%	15.62%	18.06%	17.57%	16.20%	15.72%	12.97%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $259,200K ÷ $1,410,900K
= 18.37%

The net profit margin of GATX Corp. has shown fluctuations over the past eight quarters. The trend indicates that the company has experienced varying levels of profitability during this period. The net profit margin ranged from 12.16% to 18.37%, with the highest margin observed in Q4 2023 and the lowest in Q1 2023.

Overall, the net profit margin has generally been above 12% throughout the quarters, showing a relatively healthy level of profitability. However, there was a noticeable increase in profitability in the most recent quarter, Q4 2023, where the net profit margin reached 18.37%, suggesting improved efficiency in generating profit compared to previous quarters.

The consistent profitability above 12% indicates that GATX Corp. has been able to effectively manage its expenses relative to its revenue, resulting in a reasonable level of profitability across the quarters analyzed. Nonetheless, continued monitoring of the net profit margin is advisable to assess any changes in the company's overall financial performance.