GATX Corporation (GATX)
Return on total capital
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 809,900 | 324,600 | 588,400 | 595,400 | 581,300 | 558,000 | 519,300 | 431,900 | 424,700 | 431,400 | 439,300 | 451,200 | 400,300 | 346,200 | 350,200 | 372,500 | 378,900 | 416,200 | 407,200 | 442,600 |
Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
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 |
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% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $809,900K ÷ ($—K + $2,438,900K)
= 33.21%
Over the period from March 2020 to December 2024, GATX Corporation's return on total capital has fluctuated. The highest return on total capital was recorded at 33.21% at the end of December 2024, indicating a strong performance in generating profits in relation to the total capital employed.
There was a noticeable decline in the return on total capital in the third quarter of 2024, dropping to 13.32%, which could be a sign of potential challenges or inefficiencies in capital utilization during that period.
Overall, GATX Corporation has demonstrated varying levels of efficiency in utilizing its total capital to generate returns during the analyzed period. Investors and analysts may want to further investigate the factors influencing these fluctuations to gain a more comprehensive understanding of the company's financial performance and strategic decisions.
Peer comparison
Dec 31, 2024