GATX — what changed in the latest 10-Q
A section-by-section comparison of GATX's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-30 vs the prior 10-Q · 2026-07-31
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +37 | −23 | ~72 | 76 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 26 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 26 |
| Legal proceedings | Text added/removed | 0 | 0 | ~2 | 26 |
| Risk factors | Text added/removed | 0 | 0 | ~2 | 26 |
| Other information | Text added/removed | 0 | 0 | ~2 | 26 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-30
Net income attributable to GATX for the nine months ended September 30, 2026 was $294.1 million, or $8.11 per diluted share, compared to $236.3 million, or $6.46 per diluted share, for the same period in 2025. Results for the nine months ended September 30, 2025 included a net positive impact of $5.…
Net income attributable to GATX for the three months ended September 30, 2026 was $105.2 million, or $2.92 per diluted share, compared to $82.2 million, or $2.25 per diluted share, for the same period in 2025. Results for the three months ended September 30, 2025 included a net positive impact of $5…
Net income attributable to GATX, excluding tax adjustments and other items (non-GAAP) (1)$105.2 $76.9 $294.1 $231.0
Diluted earnings per share, excluding tax adjustments and other items (non-GAAP) (1)$2.92 $2.10 $8.11 $6.31
The following table shows our return on equity for the trailing 12 months ended September 30:
Text removed vs the prior filing · source: 10-Q · 2026-07-31
Net income attributable to GATX for the six months ended June 30, 2026 was $188.9 million, or $5.19 per diluted share, compared to $154.1 million, or $4.21 per diluted share, for the same period in 2025. Net income attributable to GATX increased $34.8 million compared to the prior year and was impac…
revenue at Rail North America and Rail International, higher net gain on asset dispositions at Rail North America, and higher earnings at the Rolls-Royce & Partners Finance joint ventures (collectively, the "RRPF affiliates"), partially offset by higher maintenance expense at Rail North America, hig…
Net income attributable to GATX for the three months ended June 30, 2026 was $103.4 million, or $2.84 per diluted share, compared to $75.5 million, or $2.06 per diluted share, for the same period in 2025. Net income attributable to GATX increased $27.9 million compared to the prior year and was impa…
The following table shows our return on equity for the trailing 12 months ended June 30:
Return on equity attributable to GATX, excluding tax adjustments and other items (non-GAAP) (1)13.0 %12.6 %
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice