GATX Corporation (GATX)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 416,600 | -22,500 | -25,900 | -112,000 | -205,400 | -235,500 | -238,900 | -265,300 | -262,800 | -280,800 | -278,000 | -261,400 | -271,300 | -109,500 | -100,800 | -98,000 | -100,200 | -48,400 | -49,800 | -43,300 |
| Revenue (ttm) | US$ in thousands | 1,585,500 | 1,540,700 | 1,495,400 | 1,451,900 | 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 |
| Operating profit margin | 26.28% | -1.46% | -1.73% | -7.71% | -14.56% | -17.25% | -18.02% | -20.48% | -20.64% | -22.09% | -22.00% | -20.61% | -21.58% | -8.82% | -8.18% | -8.06% | -8.29% | -4.02% | -4.15% | -3.62% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $416,600K ÷ $1,585,500K
= 26.28%
GATX Corporation's operating profit margin has shown a fluctuating trend over the past few years. The margin was consistently negative from March 2020 to June 2023, with the lowest point reaching -22.09% in September 2022. This indicates that the company was facing challenges in generating profits from its core operations during this period.
However, there was a significant improvement in the operating profit margin starting from December 2023, when it turned positive at 26.28%. This positive trend continued into 2024, with the operating profit margin improving further to 1.46% by September 2024.
Overall, the turnaround in the operating profit margin from negative to positive values suggests that GATX Corporation implemented successful strategies to enhance operational efficiency and profitability in the latter part of the period under review. This positive performance indicates a potential improvement in the company's financial health and ability to generate profits from its operations.
Peer comparison
Dec 31, 2024