GATX reports strong start to 2025 with solid Q1 results

GATX Corporation (NYSE:GATX), an equipment finance company, today announced earnings of $78.6 million for the first quarter of 2025.

On a per-share basis, the Chicago-based company reported net income of $2.15.

While GATX posted revenue of $421.6 million for the period, the company's first-quarter investment volume was approximately $300 million.

Meanwhile, operational highlights for the quarter included continued high utilization in the company's core segments.

Rail North America's fleet utilization remained strong at 99.2%, and the Lease Price Index (LPI) stood at 24.5%.

GATX also continued its strategy of optimizing its fleet through selective sales in the secondary market, generating over $30 million in remarketing income during the quarter.

Looking ahead, GATX expects full-year earnings to be in the range of $8.30 to $8.70 per share.