GATX Corporation (GATX)

Financial leverage ratio

		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
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
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
Financial leverage ratio		5.04	5.08	5.22	4.98	4.98	4.90	4.86	4.78	4.96	5.09	4.81	4.81	4.73	4.85	4.77	5.06	4.57	4.50	4.54	4.76

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,296,500K ÷ $2,438,900K
= 5.04

The financial leverage ratio of GATX Corporation has shown some fluctuations over the past few years, ranging from 4.50 to 5.22. This ratio indicates the company's level of debt relative to its equity. A higher ratio typically suggests higher financial risk, as the company is more reliant on debt financing.

In the recent periods, the financial leverage ratio has generally been above 5, indicating that GATX Corporation has been carrying a significant amount of debt compared to its equity. This may expose the company to higher interest costs and financial instability, especially during economic downturns.

It's important for investors and stakeholders to closely monitor the financial leverage ratio of GATX Corporation to assess the company's ability to meet its debt obligations and sustain its operations in the long run. Any significant changes in this ratio could signify shifts in the company's financial health and risk profile.