Filing Flows › Gatx (GATX) › Q2 2025
Gatx (GATX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 29, 2025
Gatx (GATX) reported revenue of $430M for the second quarter 2025 (Q2 2025), +11% from a year earlier and +2% from the quarter before. Operating margin was 31.9%, net earnings $75.5M (17.5% of revenue).
Gatx, Q2 2025: revenue $430M (+11% year over year), operating margin 31.9%, net earnings $75.5M, operating cash flow $161M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $430M | +2% | +11% |
| Operating profit | $137M | +2% | +25% |
| Net earnings | $75.5M | -4% | +70% |
| Operating cash flow | $161M | +30% | +17% |
What changed
Revenue was $430.5M in Q2 2025, up 11% year over year and up 2% from the previous quarter. Rail North America was the largest line at 69% of revenue. Rail North America added $25.3M year over year (up 9%), 58% of the total change.
Operating profit was $137.3M, a 31.9% margin (up 3.4 points year over year). Of the extra revenue versus a year earlier, 62% reached operating profit, above the 28% margin then. Total costs grew 6% against revenue growth of 11%. Net earnings were $75.5M, up 70% year over year. The effective tax rate was 21.8%.
Operating cash flow was $161.3M (up 17% year over year), 214% of net earnings. Non-cash charges added back $112.0M of depreciation and $5.0M of share-based compensation. Working capital and other items used $31.2M.
Questions
What was Gatx's revenue in the second quarter 2025?
Gatx (GATX) reported revenue of $430M for the second quarter 2025 (Q2 2025), +11% from a year earlier and +2% from the quarter before.
Was Gatx profitable in the second quarter 2025?
Operating profit was $137M (31.9% of revenue) and net earnings $75.5M.
Source: Gatx 10-Q on SEC EDGAR.