Partners Finance

“GATX produced solid financial results in 2022, with each business unit contributing to a positive year,” GATX President and CEO Robert C. Lyons said during a quarterly earnings announcement.

GATX 4Q22: ‘Solid Financial Results’

Chicago-based GATX Corp. has reported fourth-quarter 2022 net income from continuing operations of $48.4 million, or $1.36 per diluted share, compared with fourth-quarter 2021’s $61.0 million, or $1.69 per diluted share. For full-year 2022, net income was $155.59 million, or $4.35 per diluted share, versus the prior year’s $143.1 million, or $3.98 per diluted share.

GATX: ‘Pressure on Revenue Remains’

For Chicago-based GATX Corp., net income from continuing operations for the first three months of 2021 came in at $36.5 million, or $1.02 per diluted share—down 22.67% from the prior-year period’s $47.2 million, or $1.33 per diluted share.

GATX 4Q20: ‘Some Initial Recovery Signs’

Chicago-based GATX Corp. has reported fourth-quarter 2020 net income from continuing operations of $17.8 million, or $0.50 per diluted share, compared with fourth-quarter 2019’s $42.1 million, or $1.18 per diluted share. For full-year 2020, net income from continuing operations was $150.2 million, or $4.24 per diluted share, vs. the prior year’s $180.8 million or $4.97 per diluted share.