Filing Flows › Gatx (GATX) › Q4 2025
Gatx (GATX) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Gatx (GATX) reported revenue of $449M for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +2% from the quarter before. Operating margin was 30.1%, net earnings $97.0M (21.6% of revenue).
Gatx, Q4 2025: revenue $449M (+9% year over year), operating margin 30.1%, net earnings $97.0M, operating cash flow $144M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $449M | +2% | +9% |
| Operating profit | $135M | +6% | +10% |
| Net earnings | $97.0M | +18% | +27% |
| Operating cash flow | $144M | -34% | -30% |
What changed
Revenue was $449.0M in Q4 2025, up 9% year over year and up 2% from the previous quarter.
Operating profit was $135.3M, a 30.1% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, above the 30% margin then. Total costs grew 8% against revenue growth of 9%. The fastest-growing cost line was SG&A (+11%). Net earnings were $97.0M, up 27% year over year. The effective tax rate was 8.6%.
Operating cash flow was $144.3M (down 30% year over year), 149% of net earnings. Non-cash charges added back $117.3M of depreciation and amortization and $7.1M of share-based compensation. Working capital and other items used $77.1M.
Questions
What was Gatx's revenue in the fourth quarter 2025?
Gatx (GATX) reported revenue of $449M for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +2% from the quarter before.
Was Gatx profitable in the fourth quarter 2025?
Operating profit was $135M (30.1% of revenue) and net earnings $97.0M.
Source: Gatx 10-K on SEC EDGAR.