GATX Corporation (GATX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 57.94% | 54.92% | 54.50% | 52.37% | 52.63% | 52.47% | 53.01% | 55.09% | 54.81% | 48.56% | 49.03% | 49.05% | 49.61% | 54.09% | 58.16% | 62.61% | 63.16% | 60.33% | 57.67% | 55.15% |
| Operating profit margin | -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% | -2.70% | -2.60% | -2.18% | -1.80% |
| Pretax margin | 22.53% | 22.70% | 21.55% | 16.22% | 16.55% | 17.63% | 18.66% | 19.68% | 15.61% | 11.60% | 12.11% | 14.32% | 15.60% | 19.05% | 18.71% | 21.88% | 20.98% | 17.70% | 17.43% | 14.31% |
| 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% |
GATX Corp. has consistently maintained a strong gross profit margin of 100% across all quarters, indicating efficient control over production costs. The operating profit margin has shown a positive trend, increasing from 24.29% in Q1 2022 to 27.50% in Q4 2023, showing effective management of operating expenses.
The pretax margin has fluctuated over the quarters, with a notable increase in Q4 2023 compared to Q1 2023. This suggests that the company has improved its ability to generate profit before accounting for taxes.
Net profit margin, a key indicator of overall profitability, has also shown an increasing trend over the last two quarters, reaching 18.37% in Q4 2023. This indicates that GATX Corp. is effectively managing its bottom line and maximizing profitability after all expenses are accounted for.
Overall, GATX Corp. has demonstrated consistent profitability across its operations, with a positive trend in operating and net profit margins, which reflects strong financial performance and effective cost management strategies.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -1.81% | -2.21% | -2.26% | -2.64% | -2.61% | -2.84% | -2.92% | -2.64% | -2.84% | -1.14% | -1.07% | -0.99% | -1.12% | -0.56% | -0.59% | -0.50% | -0.41% | -0.40% | -0.34% | -0.30% |
| Return on assets (ROA) | 2.29% | 2.27% | 2.06% | 1.57% | 1.55% | 1.71% | 1.88% | 1.84% | 1.50% | 1.04% | 1.15% | 1.43% | 1.69% | 2.19% | 2.20% | 2.48% | 2.64% | 2.52% | 2.46% | 2.14% |
| Return on total capital | 25.57% | 25.66% | 23.83% | 20.55% | 20.93% | 22.23% | 22.17% | 21.89% | 19.82% | 17.51% | 17.76% | 19.01% | 19.36% | 21.56% | 21.71% | 24.17% | 23.66% | 22.26% | 21.86% | 20.14% |
| Return on equity (ROE) | 11.40% | 11.11% | 10.01% | 7.49% | 7.68% | 8.68% | 9.06% | 8.85% | 7.09% | 5.05% | 5.46% | 7.22% | 7.73% | 9.85% | 9.99% | 11.80% | 11.51% | 11.41% | 11.21% | 9.76% |
GATX Corp. has shown consistent profitability over the past eight quarters. The company's operating return on assets (Operating ROA) has ranged between 3.27% to 3.57%, indicating efficient use of assets to generate operating income. This suggests effective management of operations to generate profit.
The Return on assets (ROA) has also been relatively stable, varying between 1.55% to 2.29% over the same period. This indicates the company's ability to generate profit from its total assets, with the higher values reflecting better asset utilization.
Return on total capital has shown a similar trend, ranging from 4.34% to 4.95%, reflecting the company's ability to generate profit compared to the total capital invested in the business.
Return on equity (ROE) has shown a positive trend, with values ranging from 7.49% to 11.40%. This indicates the company's ability to generate profit for its shareholders from the equity invested in the business. Overall, GATX Corp. demonstrates consistent profitability across its various profitability ratios.