GATX Corporation (GATX)

Return on assets (ROA)

		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
Net income (ttm)	US$ in thousands	284,200	273,700	237,200	256,100	259,200	241,600	218,200	157,500	155,900	168,500	179,500	182,400	143,100	99,900	107,700	141,500	151,300	190,100	187,300	216,000
Total assets	US$ in thousands	12,296,500	12,379,900	12,222,600	11,579,100	11,326,000	10,647,500	10,590,100	10,048,100	10,072,000	9,875,400	9,524,200	9,908,600	9,541,700	9,586,300	9,400,500	9,915,300	8,937,600	8,690,300	8,512,700	8,717,900
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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $284,200K ÷ $12,296,500K
= 2.31%

The return on assets (ROA) of GATX Corporation has fluctuated over the period from March 31, 2020, to December 31, 2024. The ROA started at 2.48% in March 2020 and experienced a slight decrease to 2.20% in June 2020. The trend continued with ROA declining to 1.69% by December 2020.

Subsequently, there was a gradual recovery in the ROA, reaching 2.29% by December 2023. However, there were some fluctuations in between, with the ROA dipping to 1.15% in June 2021 and then gradually increasing again. The highest ROA during this period was recorded at 2.31% in December 2024.

Overall, GATX Corporation's ROA demonstrates variability in its profitability performance over the analyzed period. It's important for stakeholders to monitor the trends in ROA to assess the company's efficiency in generating profits from its assets.