• GATX average operating margin for 2023 was 27.53%, a 8.51% increase from 2022.
• GATX average operating margin for 2022 was 25.37%, a 6.28% increase from 2021.
• GATX average operating margin for 2021 was 23.87%, a 3.33% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.