Revenue (Tables)

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents our disaggregated revenues by major product or service line for each reportable segment:

	Three Months Ended March 31,
	2026		2025
	($ in millions)
Railcar Leasing and Services Group ("Leasing Group"):
Leasing and management	$	210.3	$	219.0
Maintenance services	63.2		59.2
Digital and logistics services	12.3		9.2
	285.8		287.4
Rail Products Group:
Rail products	275.2		387.8
Parts & components	24.8		32.7
	300.0		420.5
Elimination of intersegment revenues	(93.8)		(122.5)
Total consolidated revenues	$	492.0	$	585.4

Remaining Performance Obligation

The following table includes estimated revenue expected to be recognized in future periods related to performance obligations that are unsatisfied or partially satisfied as of March 31, 2026 and the percentage of the outstanding performance obligations as of March 31, 2026 expected to be delivered during the remainder of 2026:

	Unsatisfied performance obligations at March 31, 2026
	Total Amount		Percent expected to be delivered in 2026
	(in millions)
Rail Products Group:
New railcars:
External customers	$	1,510.2
Leasing Group	99.9
	$	1,610.1	42	%
Sustainable railcar conversions	$	37.7	100	%
Railcar Leasing and Services Group:
Leasing and management	$	60.4	25	%

Contract with Customer, Contract Asset, Contract Liability, and Receivable

The following table presents our contract assets, which are included within the Receivables, net of allowance line in our Consolidated Balance Sheets.

	March 31, 2026		December 31, 2025
	(in millions)
Railcar Leasing and Services Group	$	12.1	$	10.9
Rail Products Group	$	5.3	$	4.9

Operating Lease, Lease Income

The following table summarizes the impact of our leases on our Consolidated Statements of Operations:

	Three Months Ended March 31,
	2026		2025
	(in millions)
Operating lease revenues	$	193.3	$	201.8
Variable operating lease revenues	$	12.2	$	13.2
Interest income on sales-type lease receivables	$	0.3	$	0.2