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Greenbrier (Greenbrier) ROE %

: 10.38% (As of Feb. 2024)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Greenbrier's annualized net income for the quarter that ended in Feb. 2024 was $134 Mil. Greenbrier's average Total Stockholders Equity over the quarter that ended in Feb. 2024 was $1,287 Mil. Therefore, Greenbrier's annualized ROE % for the quarter that ended in Feb. 2024 was 10.38%.

The historical rank and industry rank for Greenbrier's ROE % or its related term are showing as below:

GBX' s ROE % Range Over the Past 10 Years
Min: 2.49   Med: 8.95   Max: 31
Current: 8.73

During the past 13 years, Greenbrier's highest ROE % was 31.00%. The lowest was 2.49%. And the median was 8.95%.

GBX's ROE % is ranked better than
51.32% of 949 companies
in the Transportation industry
Industry Median: 8.46 vs GBX: 8.73

Greenbrier ROE % Historical Data

The historical data trend for Greenbrier's ROE % can be seen below:

* 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.

* Premium members only.

Greenbrier Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 3.81 2.49 3.63 4.94

Greenbrier Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.41 6.79 7.98 9.87 10.38

Competitive Comparison

For the Railroads subindustry, Greenbrier's ROE %, along with its competitors' market caps and ROE % 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.


Greenbrier ROE % Distribution

For the Transportation industry and Industrials sector, Greenbrier's ROE % distribution charts can be found below:

* The bar in red indicates where Greenbrier's ROE % falls into.



Greenbrier ROE % Calculation

Greenbrier's annualized ROE % for the fiscal year that ended in Aug. 2023 is calculated as

ROE %=Net Income (A: Aug. 2023 )/( (Total Stockholders Equity (A: Aug. 2022 )+Total Stockholders Equity (A: Aug. 2023 ))/ count )
=62.5/( (1276.9+1254.6)/ 2 )
=62.5/1265.75
=4.94 %

Greenbrier's annualized ROE % for the quarter that ended in Feb. 2024 is calculated as

ROE %=Net Income (Q: Feb. 2024 )/( (Total Stockholders Equity (Q: Nov. 2023 )+Total Stockholders Equity (Q: Feb. 2024 ))/ count )
=133.6/( (1274+1299.9)/ 2 )
=133.6/1286.95
=10.38 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Feb. 2024) net income data. ROE % is displayed in the 30-year financial page.


Greenbrier  (NYSE:GBX) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=133.6/1286.95
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(133.6 / 3450.8)*(3450.8 / 4029.15)*(4029.15 / 1286.95)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.87 %*0.8565*3.1308
=ROA %*Equity Multiplier
=3.31 %*3.1308
=10.38 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=133.6/1286.95
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (133.6 / 155.6) * (155.6 / 234.4) * (234.4 / 3450.8) * (3450.8 / 4029.15) * (4029.15 / 1286.95)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8586 * 0.6638 * 6.79 % * 0.8565 * 3.1308
=10.38 %

Note: The net income data used here is four times the quarterly (Feb. 2024) net income data. The Revenue data used here is four times the quarterly (Feb. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Greenbrier ROE % Related Terms

Thank you for viewing the detailed overview of Greenbrier's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenbrier (Greenbrier) Business Description

Traded in Other Exchanges
Address
One Centerpoint Drive, Suite 200, Lake Oswego, OR, USA, 97035
Greenbrier Companies Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe, marine barges in North America and provides wheel services, railcar refurbishment, and parts, leasing and other services to the railroad. Its segments include Manufacturing, Maintenance Services and Leasing & Management Services. The company generates a majority of its revenue from the manufacturing segment. Geographically, it derives a majority of revenue from the United States.
Executives
Martin Raymond Baker officer: SVP, GC & Compliance Officer ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO OR 97035
Patrick J Ottensmeyer director PO BOX 219335, KANSAS CITY MO 64121
Laurie R Dornan officer: SVP, Chief HR Officer ONE CENTERPOINTE DR., SUITE 200, LAKE OSWEGO OR 97035
Charles J Swindells director ONE CENTERPOINTE DR., SUITE 200, LAKE OSWEGO OR 97035
Matthew Joseph Meyer officer: SVP, Finance & CAO 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Ricardo Galvan officer: SVP, GRS ONE CENTERPOINTE DR., SUITE 200, LAKE OSWEGO OR 97035
William A Furman officer: Chairman & CEO ONE CENTERPOINTE DR, SUITE 200, LAKE OSWEGO OR 97035
William J. Krueger officer: President, GMO THE GREENBRIER COMPANIES, INC., ONE CENTERPOINTE DR., #200, LAKE OSWEGO OR 97035
Antonio O Garza director 500 W. ILLINOIS, SUITE 100, MIDLAND TX 79701
Brian J Comstock officer: EVP, Sales and Marketing 19262 S REDLAND ROAD, OREGON CITY OR 97045
Donald A Washburn director 222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
James R Huffines director C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE. SUITE 1400, DALLAS TX 75219
Alejandro Centurion officer: EVP and President, GMO ONE CENTERPOINTE AVE., STE. 200, LAKE OSWEGO OR 97035
Mark J Rittenbaum officer: EVP, Chief Comm & Leasing Off
Duane Charles Mcdougall director C/O INFOCUS CORP, 277008 SW PARKWAY AVE, WILSONVILLE OR 97070