Gatx (GATX) Interest Coverage Ratio (2009 - 2025)
Gatx's (GATX) Interest Coverage Ratio came in at 1.74 for Q1 2025, down 10.4% from 1.94 a year earlier but up 4.7% from the prior quarter.
Gatx (GATX) Interest Coverage Ratio (2009 - 2025) Analysis & Trends
For the trailing twelve months through Mar 31, 2025, Interest Coverage Ratio at Gatx was 1.72, down 7.3% year-over-year; for FY2024, it was 1.77, down 8.6% from FY2023.
- In prior years, Gatx's Interest Coverage Ratio was 1.93 in FY2023 (+5.7%), 1.83 in FY2022 (-6.6%), 1.96 in FY2021 (+18.0%) and 1.66 in FY2020 (-8.1%).
- Quarterly Interest Coverage Ratio has run from a low of 0.89 in Q2 2022 to a high of 2.99 in Q1 2022 over five years.
- On a year-over-year basis, Interest Coverage Ratio increased in three of the last eight quarters, with growth averaging 10.9%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q2 2023, with growth of 129.8%; the weakest was Q2 2022, with a decline of 55.7%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 1.66 (Q4 2024), 1.96 (Q3 2024) and 1.51 (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 334.06 Bn | 305.75 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 195.22 Bn | 189.80 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 170.77 Bn | 138.86 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 148.39 Bn | 145.58 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 119.49 Bn | 117.61 Bn | 2.25 Bn | 14.45 |
| 6 | Emerson Electric | 89.58 Bn | 82.32 Bn | 2.66 Bn | - |
| 7 | 3M | 88.93 Bn | 70.33 Bn | 2.68 Bn | - |
| 8 | Illinois Tool Works | 78.81 Bn | 75.37 Bn | 1.90 Bn | 14.52 |
| 9 | Vertiv Holdings | 78.25 Bn | 68.87 Bn | 1.23 Bn | 36.66 |
| 10 | Gatx | 5.77 Bn | 2.84 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 1.74 |
| Dec 31, 2024 | 1.66 |
| Sep 30, 2024 | 1.96 |
| Jun 30, 2024 | 1.51 |
| Mar 31, 2024 | 1.94 |
| Dec 31, 2023 | 1.66 |
| Sep 30, 2023 | 1.79 |
| Jun 30, 2023 | 2.05 |
| Mar 31, 2023 | 2.30 |
| Dec 31, 2022 | 1.80 |
| Sep 30, 2022 | 1.66 |
| Jun 30, 2022 | 0.89 |
| Mar 31, 2022 | 2.99 |
| Dec 31, 2021 | 2.09 |
| Sep 30, 2021 | 2.04 |
| Jun 30, 2021 | 2.01 |
| Mar 31, 2021 | 1.70 |
| Dec 31, 2020 | 1.36 |
| Sep 30, 2020 | 1.77 |
| Jun 30, 2020 | 1.50 |
Gatx Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GATX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "GATX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GATX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();