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GATX (GATX) 3-Month Share Buyback Ratio : -0.10% (As of Dec. 2024 )


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What is GATX 3-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. GATX's current 3-Month Share Buyback Ratio was -0.10%.

Competitive Comparison of GATX's 3-Month Share Buyback Ratio

For the Rental & Leasing Services subindustry, GATX's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio 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 3-Month Share Buyback Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GATX's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where GATX's 3-Month Share Buyback Ratio falls into.


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GATX 3-Month Share Buyback Ratio Calculation

GATX's 3-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Sep. 2024 )
=(35.539 - 35.576) / 35.539
=-0.10%

* 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  (NYSE:GATX) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

GATX 3-Month Share Buyback Ratio Related Terms

GATX Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GATX Corp (NYSE:GATX) » Definitions » 3-Month Share Buyback Ratio
Comparable Companies
AL R WSC HRI HEES MGRC CAR VSTS HTZ WLFC URI LSE:AHT AER FTAI UHAL TSX:EFN XPAR:AYV BSP:RENT3 HKSE:02588 TSE:8439
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 in business segments including rail North America, rail international, Engine Leasing, and others. 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 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
Niyi Adedoyin officer: SVP & CIO 222 W. ADAMS ST., CHICAGO IL 60606
Jeffery R. Young officer: Vice President, Tax 222 W. ADAMS ST., CHICAGO IL 60606
Robert Zmudka officer: Sr. VP & Chief Comm. Off. 222 W. ADAMS ST., CHICAGO IL 60606
State Farm Mutual Automobile Insurance Co 10 percent owner ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Paul F Titterton officer: VP & Chief Commercial Officer 222 W. ADAMS ST., CHICAGO IL 60606
Anne L Arvia director ONE NATIONWIDE PLAZA 1-38-06, COLUMBUS OH 43215
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
Robert C Lyons officer: VP - Investor Relations 500 WEST MONROE ST, CHICAGO IL 60661
Thomas A. Ellman officer: EVP & Pres., Rail N. America 222 W. ADAMS ST., 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
Brian L Glassberg officer: EVP, General Counsel & Secy. GATX CORPORATION, 233 S. WACKER DR., CHICAGO IL 60606