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GATX (GATX) Cyclically Adjusted FCF per Share : $5.25 (As of Dec. 2023)


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What is GATX Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

GATX's adjusted free cash flow per share for the three months ended in Dec. 2023 was $3.342. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $5.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, GATX's average Cyclically Adjusted FCF Growth Rate was 103.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of GATX was 33.80% per year. The lowest was -28.80% per year. And the median was 1.90% per year.

As of today (2024-04-28), GATX's current stock price is $127.51. GATX's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.25. GATX's Cyclically Adjusted Price-to-FCF of today is 24.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GATX was 1795.71. The lowest was 21.18. And the median was 41.80.


GATX Cyclically Adjusted FCF per Share Historical Data

The historical data trend for GATX's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

GATX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.72 -1.82 0.07 2.58 5.25

GATX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 3.24 4.05 4.80 5.25 -

Competitive Comparison of GATX's Cyclically Adjusted FCF per Share

For the Rental & Leasing Services subindustry, GATX's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GATX's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GATX's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where GATX's Cyclically Adjusted Price-to-FCF falls into.



GATX Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, GATX's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.342/129.4194*129.4194
=3.342

Current CPI (Dec. 2023) = 129.4194.

GATX Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.118 99.695 -2.750
201406 2.521 100.560 3.245
201409 2.593 100.428 3.342
201412 3.650 99.070 4.768
201503 -0.975 99.621 -1.267
201506 3.070 100.684 3.946
201509 2.341 100.392 3.018
201512 -10.527 99.792 -13.652
201603 -0.309 100.470 -0.398
201606 3.674 101.688 4.676
201609 -6.446 101.861 -8.190
201612 1.005 101.863 1.277
201703 -0.692 102.862 -0.871
201706 4.357 103.349 5.456
201709 -8.732 104.136 -10.852
201712 0.412 104.011 0.513
201803 0.990 105.290 1.217
201806 3.372 106.317 4.105
201809 2.782 106.507 3.380
201812 -19.796 105.998 -24.170
201903 1.733 107.251 2.091
201906 3.038 108.070 3.638
201909 3.369 108.329 4.025
201912 4.623 108.420 5.518
202003 1.497 108.902 1.779
202006 3.893 108.767 4.632
202009 2.904 109.815 3.422
202012 4.045 109.897 4.764
202103 2.128 111.754 2.464
202106 3.394 114.631 3.832
202109 3.928 115.734 4.392
202112 4.644 117.630 5.109
202203 2.783 121.301 2.969
202206 3.231 125.017 3.345
202209 3.812 125.227 3.940
202212 5.039 125.222 5.208
202303 2.654 127.348 2.697
202306 4.577 128.729 4.602
202309 3.958 129.860 3.945
202312 3.342 129.419 3.342

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


GATX  (NYSE:GATX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

GATX's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=127.51/5.25
=24.29

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GATX was 1795.71. The lowest was 21.18. And the median was 41.80.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


GATX Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of GATX's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


GATX (GATX) Business Description

Industry
Traded in Other Exchanges
Address
233 South Wacker Drive, Chicago, IL, USA, 60606-7147
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