GATX Corporation
GATX Corporation (NYSE: GATX) is trading at $175.86, about ₹16,893 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 2.98% today. Indian residents can buy GATX from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$175.39
Today's high
$180.67
52 week low
$150.42
52 week high
$205.56
GATX opened at $180.60, closed previously at $181.26, and has traded between $150.42 and $205.56 over the past 52 weeks.
About
GATX Corporation, established in Chicago, Illinois in 1898, is a prominent global equipment lessor. The company primarily provides railcar and locomotive leasing services across North America and internationally, catering to vital industries such as petroleum, chemicals, food/agriculture, and transportation. Its operational framework is divided into three key segments: Rail North America, Rail International, and Portfolio Management. Beyond simply supplying equipment, GATX offers a comprehensive suite of support and maintenance services for its rail fleet. These include interior cleaning, routine upkeep and repairs to car bodies and safety features, ensuring regulatory compliance, facilitating wheelset replacements, performing interior blasting and lining, exterior painting, and applying car stenciling. Furthermore, GATX's activities extend to leasing aircraft spare engines (including units it directly owns) and managing a small collection of five liquefied gas-carrying vessels. The company also applies its expertise to overseeing asset portfolios on behalf of third parties. GATX maintains a substantial asset base, comprising approximately 147,000 railcars, a combined fleet of 568 locomotives (539 four-axle and 29 six-axle), and its five specialized vessels.
Key statistics
Avg. volume
231.25K
Market cap
$6.24B
P/E Ratio
17.29
Price-to-sales ratio
3.04
Enterprise value
$13.89B
Free cash flow yield
-11.26%
Debt-to-equity ratio
4.48
Return on equity
12.12%
ROIC
2.50%
Beta
1.18
Dividend yield
1.47%
Last dividend
$2.59
Financial overview
Revenue
$1.74B
Earnings per share
$9.14
Free cash flow
-$683.60M
Net profit margin
17.94%
Gross margin
46.17%
EBITDA
$1.27B
Revenue growth
9.77%
Similar securities
This is not an investment recommendation
How to buy GATX from India
Indian residents can buy GATX shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for GATX and place an order
Find GATX by name or by its ticker, GATX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. GATX trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your GATX position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in GATX from India
Trading and taxes when buying GATX from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. GATX’s current yield is 1.47%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy GATX stock?
Yes. GATX (GATX) has been listed on the New York Stock Exchange since 1920, in the Rental & Leasing Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one GATX share cost in rupees?
One GATX share is $175.86 — about ₹16,893 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the GATX price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying GATX from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy GATX with less than the price of one share?
Yes. A whole GATX share is $175.86, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on GATX shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the GATX price. Paasa issues a capital-gains statement for your return.
Does GATX pay a dividend, and how is it taxed in India?
Yes. GATX pays a dividend and the current yield is 1.47%; the last declared dividend was $2.59 per share, about ₹248.80. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade GATX from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on GATX shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare GATX shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your GATX holding, its cost and its closing value.
How do I sell GATX and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.