Earnings ·
GATX Corporation reported second-quarter 2026 net income attributable to GATX of $103.4 million, or $2.84 per diluted…
GATXGatx Corp
GATX Corporation reported second-quarter 2026 net income attributable to GATX of $103.4 million, or $2.84 per diluted share, compared to $75.5 million, or $2.06 per diluted share, in the prior year period. The company raised its full-year 2026 earnings guidance to a range of $9.90–$10.30 per diluted share. Rail North America segment profit increased to $118.5 million from $96.6 million, driven by higher revenues and gains on asset dispositions totaling $67.7 million in the quarter. Fleet utilization remained high at 98.0%, while the Lease Price Index renewal rate change was positive 16.8%. Engine Leasing segment profit surged to $66.4 million from $27.3 million due to strong demand for aircraft spare engines. GATX Corporation operates in the transportation asset leasing industry, providing railcars and aircraft spare engines to customers worldwide.