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GATX (GATX) Tax Rate % : 13.31% (As of Dec. 2023)


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What is GATX Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GATX's Tax Expense for the three months ended in Dec. 2023 was $6 Mil. GATX's Pre-Tax Income for the three months ended in Dec. 2023 was $48 Mil. Therefore, GATX's Tax Rate % for the quarter that ended in Dec. 2023 was 13.31%.

GATX Tax Rate % Historical Data

The historical data trend for GATX's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GATX Tax Rate % Chart

GATX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.17 29.77 27.27 30.94 23.91

GATX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.27 26.31 27.05 13.31 25.41

GATX Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

GATX's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=58.7/245.5
=23.91 %

GATX's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=6.4/48.1
=13.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GATX Tax Rate % Related Terms

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GATX (GATX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GATX Corp (NYSE:GATX) » Definitions » Tax Rate %
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Traded in Other Exchanges
GAX:Germany GAX:Germany
Address
233 South Wacker Drive, Chicago, IL, USA, 60606-7147
Website
https://www.gatx.com
GATX Corp is a provider of railcar leasing and maintenance services. GATX operates four business segments: rail North America, rail international, and portfolio management. The rail business offers railcar leasing and maintenance, as well as asset-related, financial, and management services. The company owns and leases fleets in North America, Europe, and Asia, which consist of tank and freight railcars. Industries served to include refining and petroleum, chemicals and plastics, railroads and other transportation, mining, and food and agriculture.
Executives
John Sbragia officer: SVP, Engineering and Quality 233 S. WACKER DR., CHICAGO IL 60606
Kevin Hillesland officer: SVP, Structured Finance 233 S. WACKER DR., CHICAGO IL 60606
Geoffrey Phillips officer: Sr. VP, Operations 233 S. WACKER DR., CHICAGO IL 60606
Shelley J Bausch director 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSTON TX 77032
Aken Jennifer Van officer: SVP, Treas. & Chief Risk Off. GATX CORPORATION, 233 S. WACKER DR., CHICAGO IL 60606
Jennifer Mcmanus officer: Sr. VP & Controller C/O GATX CORPORATION, 233 S. WACKER DR., CHICAGO IL 60606
Paul F Titterton officer: VP & Chief Commercial Officer 222 W. ADAMS ST., CHICAGO IL 60606
Robert C Lyons officer: VP - Investor Relations 500 WEST MONROE ST, CHICAGO IL 60661
Jeffery R. Young officer: Vice President, Tax 222 W. ADAMS ST., CHICAGO IL 60606
Thomas A. Ellman officer: EVP & Pres., Rail N. America 222 W. ADAMS ST., CHICAGO IL 60606
Brian L Glassberg officer: EVP, General Counsel & Secy. GATX CORPORATION, 233 S. WACKER DR., CHICAGO IL 60606
Deborah A Golden officer: Sr. VP, Gen. Couns. & Sec'y 500 WEST MONROE STREET, CHICAGO IL 60661
Brian A Kenney director, officer: Chairman, President and CEO GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Necati Gokce Tezel officer: Sr. VP and Pres., Rail Intl. 222 W. ADAMS ST., CHICAGO IL 60606
Robert Zmudka officer: Sr. VP & Chief Comm. Off. 222 W. ADAMS ST., CHICAGO IL 60606