GATX Corporation (GATX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 96.40% | 69.41% | 69.85% | 64.10% | 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% |
| 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% |
| Pretax margin | 21.71% | 21.55% | 19.20% | 21.57% | 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% |
| Net profit margin | 17.92% | 17.76% | 15.86% | 17.64% | 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% |
GATX Corporation's profitability ratios show a mixed performance over the last few years. The gross profit margin has fluctuated, starting at 62.61% in March 2020, dropping to 48.56% in September 2021, but recovering to 96.40% by December 2024. This indicates variability in the company's ability to generate profits after accounting for the cost of goods sold.
The operating profit margin, however, tells a different story, with negative margins for the most part of the observed period. Although there was consistent improvement from -22.00% in June 2022 to 26.28% by December 2024, it suggests that GATX struggled with controlling operating expenses and generating operating income.
The pretax margin shows a trend of fluctuation, starting at 21.88% in March 2020, dropping to 11.60% in September 2021, and then recovering to 21.71% by December 2024. This indicates the company's ability to generate profits before taxes relative to its total revenue.
The net profit margin, which reflects the company's bottom line performance, has also experienced fluctuations. Starting at 18.06% in March 2020, dropping to 8.05% in September 2021, and then recovering to 17.92% by December 2024. This demonstrates GATX's ability to generate profits after all expenses have been accounted for.
Overall, GATX Corporation has shown resilience in improving profitability ratios over the years, with notable recoveries in gross and net profit margins. However, the negative operating profit margins during most of the period indicate ongoing challenges in managing operating costs effectively.
Return on investment
| 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 return on assets (Operating ROA) | 3.39% | -0.18% | -0.21% | -0.97% | -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% |
| Return on assets (ROA) | 2.31% | 2.21% | 1.94% | 2.21% | 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% |
| Return on total capital | 33.21% | 13.32% | 25.11% | 25.62% | 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% |
| Return on equity (ROE) | 11.65% | 11.23% | 10.12% | 11.02% | 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% |
Based on the profitability ratios of GATX Corporation, we can observe the following trends:
1. Operating Return on Assets (Operating ROA) has shown a downward trend, starting from -0.50% in March 2020 to -2.61% in December 2022, before showing a slight improvement to -1.81% by the end of December 2023. However, it decreased again to -0.18% by September 2024.
2. Return on Assets (ROA) remained relatively stable in the range of 1.15% to 2.29% from June 2021 to December 2023, with a peak of 2.29% in December 2023. However, it decreased slightly to 2.31% by the end of December 2024.
3. Return on Total Capital fluctuated but generally increased from 19.01% in March 2021 to 25.11% in June 2024. There was a significant improvement in the first half of 2023, peaking at 25.66% in September 2023, before declining to 13.32% in September 2024.
4. Return on Equity (ROE) also displayed a mixed trend, with fluctuations in profitability over the years. It ranged from 5.05% to 11.65% from September 2021 to December 2024, with the highest value seen at the end of December 2024.
Overall, the trends in the profitability ratios of GATX Corporation indicate variability in performance over time, with fluctuations in profitability metrics such as ROA, ROE, and ROA reflected in the company's financial performance.