AI-extracted from the 10-Q filed 2026-07-31 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
The January 1, 2026 acquisition of ~101,000 Wells Fargo railcars for $4.2B lifted Q2 total revenue 35% to $580.1M and net income attributable to GATX to $103.4M ($2.84 diluted).
Biggest Revenue Drivers
Rail North America$435.0Mvs $295.7M prior-year quarter
Lease revenue rose $128.2 million, or 48.8%; the Wells Fargo railcar acquisition led to an increase in lease revenue of $129.7 million
Higher average debt balance from debt incurred for the Wells Fargo acquisition and a higher average interest rate
Margins: Segment profit rose to $218.6M from $161.2M, but Rail International segment profit fell 1.9% to $31.6M as higher depreciation and interest expense outpaced lease revenue gains.
Watch Items from the Filing
GABX is a consolidated VIE with $2,860.2M of recourse debt guaranteed by GATX; Brookfield holds 66.5% non-controlling interest of $805.5M.
Rail North America lease price index renewal rate change fell to +16.8% from +22.3% prior quarter and +24.2% a year ago; renewal terms shortened to 54 months.
Recourse leverage rose to 3.3x from 3.1x a year ago; total debt and lease obligations net of cash of $11.73B versus $8.26B.
Purchase commitments total $1,354.0M, primarily railcars, including $368.0M due in the remainder of 2026 under the Trinity 15,000-railcar supply agreement.
Engine Leasing segment profit tripled to $66.4M on $49.6M of RRPF affiliate pre-tax earnings plus $13.7M of GEL maintenance reserve releases — both variable period to period.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Arvia Anne LReporting ownerGrant or award · Aug 3, 2026
Stanley Adam L.Reporting ownerGrant or award · Aug 3, 2026
Aigotti DianeReporting ownerGrant or award · Aug 3, 2026
Ream James BReporting ownerGrant or award · Aug 3, 2026
Yovovich Paul GReporting ownerGrant or award · Aug 3, 2026
Congress trading in GATX
1 transaction in GATX reported by 1 member of Congress under the STOCK Act, most recent trade Jun 11, 2025. Reported transactions, not recommendations.
About GATX CORP (GATX): stock profile, AI score and financials
GATX CORP (GATX) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores GATX at 58.5/100 on a composite quality score built from its SEC filings, placing it at rank #1,007 of 2,925 stocks — the top half of the AI-ranked universe. GATX scores in the top quartile across earnings quality (86.5), revenue growth (77.1). Areas of concern include free cash flow (15.8), which score below median versus the broader universe. Shareholder dilution risk is elevated at 48.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), GATX CORP reports quarterly revenue of $580.1M, net income of $103.4M, an operating margin of 17.2%. Top institutional holders of GATX by reported 13-F value include STATE FARM MUTUAL AUTOMOBILE INSURANCE, BlackRock, EARNEST PARTNERS, based on the most recent SEC filings. GATX trades on the NYSE exchange and files with the SEC under CIK 40211. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate GATX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for GATX CORP directly from SEC EDGAR.