What is the price-to-earnings ratio of GATX?
The price-earnings ratio of GATX is currently 17.86.
GATX P/E 2024
GATX P/E
17.86
Ticker
GATX
ISIN
US3614481030
WKN
851137
As of Oct 4, 2024, GATX's P/E ratio was 17.86, a 7.46% change from the 16.62 P/E ratio recorded in the previous year.
The GATX P/E history
GATX Aktienanalyse
What does GATX do?
The GATX Corporation is an American company that operates in the leasing services sector and has its headquarters in Chicago. The company's history dates back to 1898 when it was founded as the German-American Tank Car Company. In its early days, the company exclusively dealt with the rental of railway wagons for the transportation of liquid goods such as oil and chemical substances. Over time, GATX expanded its offerings to include other types of transport vehicles, including tank containers and aircraft fuel tanks. Today, the company is no longer limited to rail transport but also leases freight cars, ships, aircraft, and heavy transports. GATX's business model is based on renting transportation equipment to customers in various industries, including the chemical and energy industry, the food and beverage industry, and the transportation and logistics industry. The company offers flexible lease agreements that allow customers to retrieve or return equipment as needed. In return, GATX receives regular rental income and retains ownership of the equipment. GATX is currently active in four major areas: Rail North America, Rail International, Portfolio Management, and American Steamship Company. The first division, Rail North America, is the company's largest business segment and includes the leasing of railway wagons and locomotives in North America. GATX offers a wide range of vehicle types here, including special wagons for the transport of liquids and gases. Rail International is GATX's second major business segment and encompasses the leasing of railway wagons and locomotives in Europe, Asia, and South America. This division is characterized by its strong presence in emerging countries, where the demand for transportation means is continuously increasing. The portfolio management division is responsible for the management and sale of equipment that is no longer needed or is being phased out for other reasons. Here, GATX can either sell the equipment directly to other companies or auction them off to the highest bidder through online auctions. Finally, the American Steamship Company is a subsidiary of GATX that specializes in the transportation of freight on the Great Lakes. The company operates a fleet of ships that typically transport iron and coal ores, coal, grain, and cement. GATX offers its customers a wide range of products tailored to the needs of different industries. This includes refueling cars and containers, specialized wagons for transporting liquid chemicals and other hazardous substances, heavy transports and containers, as well as specialized containers for transporting freight on aircraft. Overall, GATX Corporation is a significant player in the global transportation and logistics industry. With a wide range of rental equipment and services, the company has become an important partner for customers worldwide. GATX ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering GATX's P/E Ratio
The Price to Earnings (P/E) Ratio of GATX is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing GATX's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of GATX is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in GATX’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about GATX stock
How has the price-earnings ratio of GATX changed compared to last year?
The price-to-earnings ratio of GATX has increased by 7.46% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of GATX high compared to other companies?
Yes, the price-to-earnings ratio of GATX is high compared to other companies.
How does an increase in the price-earnings ratio of GATX affect the company?
An increase in the price-earnings ratio of GATX would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of GATX affect the company?
A decrease in the price-earnings ratio of GATX would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of GATX?
Some factors that influence the price-earnings ratio of GATX are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does GATX pay?
Over the past 12 months, GATX paid a dividend of 2.2 USD . This corresponds to a dividend yield of about 1.71 %. For the coming 12 months, GATX is expected to pay a dividend of 2.29 USD.
What is the dividend yield of GATX?
The current dividend yield of GATX is 1.71 %.
When does GATX pay dividends?
GATX pays a quarterly dividend. This is distributed in the months of January, March, July, October.
How secure is the dividend of GATX?
GATX paid dividends every year for the past 23 years.
What is the dividend of GATX?
For the upcoming 12 months, dividends amounting to 2.29 USD are expected. This corresponds to a dividend yield of 1.78 %.
In which sector is GATX located?
GATX is assigned to the 'Industry' sector.
Wann musste ich die Aktien von GATX kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of GATX from 9/30/2024 amounting to 0.58 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did GATX pay the last dividend?
The last dividend was paid out on 9/30/2024.
What was the dividend of GATX in the year 2023?
In the year 2023, GATX distributed 2.08 USD as dividends.
In which currency does GATX pay out the dividend?
The dividends of GATX are distributed in USD.
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Andere Kennzahlen von GATX
Our stock analysis for GATX Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of GATX Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
