GATX Corporation (GATX)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 12,296,500 | 11,326,000 | 10,072,000 | 9,541,700 | 8,937,600 |
| Operating ROA | 1.88% | -1.81% | -2.61% | -2.83% | -5.96% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $231,000K ÷ $12,296,500K
= 1.88%
GATX Corporation's operating return on assets (operating ROA) has exhibited a fluctuating trend over the years based on the provided data.
- As of December 31, 2020, the operating ROA was reported at -5.96%, indicating that the company generated a negative return on its assets from its core operations during that period.
- By December 31, 2021, the operating ROA improved to -2.83%, although it remained negative, showing a slight recovery in the company's operational efficiency.
- The trend continued to improve in the following years, with operating ROA decreasing to -2.61% by December 31, 2022, and further declining to -1.81% by December 31, 2023. These negative values suggest that GATX Corporation was still struggling to generate positive returns from its asset base.
- However, the company's performance notably turned around by December 31, 2024, with the operating ROA reaching 1.88%, indicating that GATX Corporation was able to generate a positive return on its assets from its core operations during that year.
Overall, GATX Corporation experienced a challenging period in terms of operating ROA in the initial years, but showed significant improvement and a return to profitability by the end of the period covered by the data. This indicates a positive trend towards effectively utilizing its assets to generate returns from its operations.
Peer comparison
Dec 31, 2024