Gatx (GATX) Operating Expenses (2009 - 2026)
Gatx's (GATX) quarterly Operating Expenses came in at $410.4 million in Q1 2026, up 42.85% year-on-year from $287.3 million in Q1 2025, and up 30.83% quarter-over-quarter from $313.7 million in Q4 2025.
Gatx (GATX) Operating Expenses (2009 - 2026) Analysis & Trends
Gatx has disclosed Operating Expenses across 18 years of filings, most recently posting $410.4 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $410.4 million, up 42.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 17.3% YoY), and the FY2025 annual result was $1.2 billion, up 8.49% from the prior year.
- Operating Expenses came in at $410.4 million for Q1 2026 at Gatx, up from $313.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $410.4 million in Q1 2026 to a low of $230.9 million in Q2 2022.
- The 5-year median for Operating Expenses is $270.9 million (2023), against an average of $275.5 million.
- Across the five-year window, Operating Expenses retreated 6.08% in 2022 and surged 42.85% in 2026, its largest moves.
- Gatx's Operating Expenses stood at $233.1 million in 2022, then climbed by 16.22% to $270.9 million in 2023, then rose by 7.38% to $290.9 million in 2024, then climbed by 7.84% to $313.7 million in 2025, then soared by 30.83% to $410.4 million in 2026.
- The last three Operating Expenses figures came in at $410.4 million (Q1 2026), $313.7 million (Q4 2025), and $312.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 848.61 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 3.01 Bn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | 1.42 Bn |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 410.40 Mn |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 234.02 Mn |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | 393.00 Mn |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 76.20 Mn |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 71.59 Mn |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 632.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 410.40 Mn |
| Dec 31, 2025 | 313.70 Mn |
| Sep 30, 2025 | 312.10 Mn |
| Jun 30, 2025 | 293.20 Mn |
| Mar 31, 2025 | 287.30 Mn |
| Dec 31, 2024 | 290.90 Mn |
| Sep 30, 2024 | 278.60 Mn |
| Jun 30, 2024 | 276.50 Mn |
| Mar 31, 2024 | 265.90 Mn |
| Dec 31, 2023 | 270.90 Mn |
| Sep 30, 2023 | 257.10 Mn |
| Jun 30, 2023 | 248.80 Mn |
| Mar 31, 2023 | 246.10 Mn |
| Dec 31, 2022 | 233.10 Mn |
| Sep 30, 2022 | 233.50 Mn |
| Jun 30, 2022 | 230.90 Mn |
| Mar 31, 2022 | 235.30 Mn |
| Dec 31, 2021 | 248.20 Mn |
| Sep 30, 2021 | 233.60 Mn |
| Jun 30, 2021 | 243.00 Mn |