Gatx Corporation · NYSE:GATX
Gatx — Shareholder Meeting (April 2023)
10 slides from Gatx's shareholder meeting presentation, Apr 28, 2023
Slide 1: Annual Meeting of Shareholders
ANNUAL MEETING OF SHAREHOLDERS APRIL 28, 2023
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements in this presentation not based on historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and, accordingly, involve known and unknown risks and uncertainties that are difficult to predict and c
Slide 3: Business Update: Rail North America Market Environment
Business Update Rail North America Market Environment ▪ Growth in rail traffic is very modest ▪ Demand for existing railcars remains strong ◦ While customers are not looking to aggressively grow their fleets, they are keen to retain cars already in service ▪ Placing new cars with customers is more c
Slide 4: Business Update: North America GATX Focus
Business Update Rail North America GATX Focus ▪ Capitalize on strong existing car demand to achieve lease rate and term improvement ▪ Diversify new car deliveries across customers, commodities and car types ▪ Continue to invest in our maintenance network ◦ Remain intensely focused on safety ◦ Expand
Slide 5: Business Update: International
Business Update Rail International Market Environment ▪ Strong demand and fleet growth at GATX Rail Europe and GATX India ▪ Market dynamics and regulatory framework in Europe favor growth in rail over truck ▪ Economic development in India is heavily dependent on infrastructure (housing, roads, ports
Slide 6: Business Update: International GATX Focus
Business Update Rail International GATX Focus ▪ Invest aggressively with a focus on long-term trends in Europe and India ▪ Diversify across customers, commodities and wagon types ▪ Leverage the strong and established operating and management platforms we have in each market ▪ Navigate Europe’s high
Slide 7: Business Update: Aircraft Engine Leasing
Business Update Aircraft Engine Leasing Market Environment ▪ Recovery in international travel is fully underway, trend lines positive, but slower to bounce back than domestic air travel ▪ Airlines are seeking ways to more efficiently use their cash and balance sheet capacity ▪ Leasing spare aircraft
Slide 8: Business Update: Aircraft Engine Leasing GATX Focus
Business Update Aircraft Engine Leasing GATX Focus ▪ Continue building multiple routes to market ◦ Investment through our joint venture, Rolls-Royce and Partners Finance (“RRPF”) ◦ Direct ownership of assets by GATX, with assets managed by RRPF and available to airlines through direct lease or utili
Slide 9: Business Update: Trifleet
Business Update Trifleet Market Environment ▪ Demand for tank containers remains generally robust ▪ Some signs of market softness on horizon, but Trifleet has extensive experience managing and investing through cycles Trifleet Focus ▪ Invest across the product spectrum ▪ Enhance our management platf
Slide 10: Total Shareholder Return
Total Shareholder Return 13.9% 11.2% 9.4% 8.8% 7.6% 7.2% 7.0% 6.7% 4.2% -13.1% -18.2% -19.3% 1 Year 3 Year 5 Year GATX S&P 500 MidCap 400 Russell 3000 Note: Annualized returns shown for each period ending 12/31/2022 and assumes all dividends are reinvested 10