Filing Flows › Gatx (GATX) › Q1 2025
Gatx (GATX) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 25, 2025
Gatx (GATX) reported revenue of $422M for the first quarter 2025 (Q1 2025), +11% from a year earlier and +2% from the quarter before. Operating margin was 31.9%, net earnings $78.6M (18.6% of revenue).
Gatx, Q1 2025: revenue $422M (+11% year over year), operating margin 31.9%, net earnings $78.6M, operating cash flow $124M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $422M | +2% | +11% |
| Operating profit | $134M | +10% | +18% |
| Net earnings | $78.6M | +3% | +6% |
| Operating cash flow | $124M | -40% | +27% |
What changed
Revenue was $421.6M in Q1 2025, up 11% year over year and up 2% from the previous quarter. Rail North America was the largest line at 70% of revenue. Rail North America added $28.3M year over year (up 11%), 68% of the total change.
Operating profit was $134.3M, a 31.9% margin (up 1.8 points year over year). Of the extra revenue versus a year earlier, 49% reached operating profit, above the 30% margin then. Total costs grew 8% against revenue growth of 11%. Net earnings were $78.6M, up 6% year over year. The effective tax rate was 17.4%.
Operating cash flow was $124.2M (up 27% year over year), 158% of net earnings. Non-cash charges added back $108.6M of depreciation and amortization and $6.1M of share-based compensation. Working capital and other items used $69.1M.
Questions
What was Gatx's revenue in the first quarter 2025?
Gatx (GATX) reported revenue of $422M for the first quarter 2025 (Q1 2025), +11% from a year earlier and +2% from the quarter before.
Was Gatx profitable in the first quarter 2025?
Operating profit was $134M (31.9% of revenue) and net earnings $78.6M.
Source: Gatx 10-Q on SEC EDGAR.