GATX Corporation (GATX)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 231,000 -205,400 -262,800 -269,900 -532,700
Revenue US$ in thousands 1,585,500 1,410,900 1,273,000 1,257,400 1,209,200
Operating profit margin 14.57% -14.56% -20.64% -21.46% -44.05%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $231,000K ÷ $1,585,500K
= 14.57%

Based on the data provided, GATX Corporation's operating profit margin has shown a significant improvement over the years. In December 2020, the operating profit margin was at a low of -44.05%, indicating that the company's operating expenses were significantly higher than its operating income, resulting in a loss.

However, there has been a noticeable turnaround in the following years. By December 2024, the operating profit margin had improved significantly to 14.57%, indicating that the company was able to effectively control its operating expenses and generate a healthy operating income.

This improvement in operating profit margin over the years suggests that GATX Corporation has been successful in streamlining its operations, optimizing productivity, and potentially increasing revenue streams. It also indicates a positive trend towards profitability and operational efficiency for the company.