What is the Return on Assets (ROA) of GATX this year?
The Return on Assets (ROA) of GATX is 0.02 undefined this year.
GATX ROA 2024
GATX ROA
0.02
Ticker
GATX
ISIN
US3614481030
WKN
851137
In 2024, GATX's return on assets (ROA) was 0.02, a 47.85% increase from the 0.02 ROA in the previous year.
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.ROA Details
Understanding GATX's Return on Assets (ROA)
GATX's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing GATX's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider GATX's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in GATX’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about GATX stock
What was the ROA of GATX compared to the previous year?
The ROA of GATX has increased by 47.85% compared to the previous year.
What consequences do high ROA have for investors of GATX?
A high ROA is advantageous for investors of GATX, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in GATX?
A low ROA can be unfavorable for investors of GATX as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of GATX affect the company?
An increase in ROA of GATX can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of GATX impact the company?
A reduction in the ROA of GATX can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of GATX?
Some factors that can influence the ROA of GATX include revenue, operating costs, asset structure, and industry average.
Why is the ROA of GATX important for investors?
The ROA of GATX is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can GATX take to improve ROA?
To improve ROA, GATX can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
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.
