GATX Corporation (GATX)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	2,438,900	2,436,700	2,343,400	2,324,300	2,273,000	2,174,500	2,178,900	2,101,500	2,029,600	1,940,500	1,981,500	2,060,800	2,019,200	1,976,900	1,971,400	1,960,000	1,957,400	1,930,000	1,875,300	1,831,000
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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $284,200K ÷ $2,438,900K
= 11.65%

GATX Corporation's Return on Equity (ROE) has shown some fluctuations over the past few years. The ROE decreased from 11.80% as of March 31, 2020, to 7.73% by the end of December 31, 2020. This decline continued into 2021 with the lowest ROE of 5.05% reported as of September 30, 2021.

However, there has been a gradual improvement since then, with the ROE increasing to 11.40% by the end of December 31, 2023, and further rising to 11.65% as of December 31, 2024.

Overall, GATX Corporation's ROE has shown resilience and an upward trend in recent years, indicating improved efficiency in generating profits from shareholders' equity. This trend suggests that the company has been effectively utilizing its equity capital to generate earnings for its shareholders.