Gatx (GATX) Loans - Loss Allowance (2009 - 2024)
Gatx (GATX) posted quarterly Loans - Loss Allowance of $5.3 million for Q3 2024, down 7.02% year-over-year from $5.7 million in Q4 2023, and little changed on a QoQ basis from $5.3 million in Q2 2024.
Gatx (GATX) Loans - Loss Allowance (2009 - 2024) Analysis & Trends
Gatx has reported Loans - Loss Allowance for 16 years, with the latest figure at $5.3 million in Q3 2024.
- Loans - Loss Allowance for Q3 2024 came in at $5.3 million, down 7.02% year-over-year; the trailing twelve-month figure through Sep 2024 was $5.3 million (down 7.02% YoY), and the FY2023 annual result was $5.9 million, changed 0.0% from the prior year.
- Loans - Loss Allowance held at $5.3 million in Q3 2024, from $5.3 million in the prior quarter.
- Over five years, Loans - Loss Allowance peaked at $6.5 million in Q4 2020 and troughed at $5.3 million in Q2 2024.
- A 5-year average of $6.0 million and a median of $6.1 million in 2020 frame the typical range for Loans - Loss Allowance.
- The widest annual swing landed in 2021, when Loans - Loss Allowance grew 6.56%; it then decreased 10.17% in 2024.
- A 5-year view of Loans - Loss Allowance shows it stood at $6.5 million in 2020, then retreated by 4.62% to $6.2 million in 2021, then slipped by 4.84% to $5.9 million in 2022, then changed by 0.0% to $5.9 million in 2023, then fell by 10.17% to $5.3 million in 2024.
- Per Business Quant data, the three most recent Loans - Loss Allowance figures were $5.3 million in Q3 2024, $5.3 million in Q2 2024, and $6.1 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.75 Bn | 33.72 Bn | 978.00 Mn | - |
| 2 | AerCap Holdings | 23.41 Bn | 23.41 Bn | 2.02 Bn | 5.00 Mn |
| 3 | U-Haul Holding | 14.44 Bn | 14.44 Bn | - | - |
| 4 | Ryder System | 10.06 Bn | 10.06 Bn | 1.45 Bn | - |
| 5 | Gatx | 6.34 Bn | 6.34 Bn | 555.30 Mn | - |
| 6 | Herc Holdings | 5.75 Bn | 5.71 Bn | 713.00 Mn | - |
| 7 | Avis Budget | 5.03 Bn | 4.47 Bn | - | - |
| 8 | WillScot Holdings | 4.19 Bn | 4.17 Bn | 306.26 Mn | - |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn | - |
| 10 | Custom Truck One Source | 2.42 Bn | 2.41 Bn | 123.97 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 5.30 Mn |
| Jun 30, 2024 | 5.30 Mn |
| Mar 31, 2024 | 6.10 Mn |
| Dec 31, 2023 | 5.90 Mn |
| Sep 30, 2023 | 5.70 Mn |
| Jun 30, 2023 | 5.90 Mn |
| Mar 31, 2023 | 6.00 Mn |
| Dec 31, 2022 | 5.90 Mn |
| Sep 30, 2022 | 6.00 Mn |
| Jun 30, 2022 | 6.20 Mn |
| Mar 31, 2022 | 6.10 Mn |
| Dec 31, 2021 | 6.20 Mn |
| Sep 30, 2021 | 6.40 Mn |
| Jun 30, 2021 | 6.50 Mn |
| Mar 31, 2021 | 6.40 Mn |
| Dec 31, 2020 | 6.50 Mn |
| Sep 30, 2020 | 6.20 Mn |
| Jun 30, 2020 | 6.10 Mn |
| Mar 31, 2020 | 6.20 Mn |
| Dec 31, 2019 | 6.20 Mn |