GBXThe Greenbrier Companies, Inc.
Is the business good?
The checks split: nothing decisive, though margins widening.
Operating profit is mostly backed by cash. Conversion is worsening vs a year ago.
Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.
A balanced mix of margins, efficiency, and leverage. ROE 10% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is GBX?
The Greenbrier Companies, Inc. earns 4.8% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 4.2 points below what the capital costs: growth destroys value
- Operating margin
- 7.2%
Operating margin · Railroads median 33% · 12 months to Q3 2026
- Cash conversion
- 0.79×
Cash conversion · 1.28× a year ago · most of the operating profit arrived as cash, working capital took the rest
- Share count, year on year
- −1.4%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 6.0% |
| FY2021 | 2.4% |
| FY2022 | 4.0% |
| FY2023 | 4.5% |
| FY2024 | 9.2% |
| FY2025 | 11% |
Details›
- Gross margin12 months to Q3 2026
- 15%
- Operating margin12 months to Q3 2026
- 7.2%
- Net margin12 months to Q3 2026
- 4.1%
- Free cash flow margin
- −4.3%
- Revenue, trailing twelve months
- $2.63B
- Free cash flow, trailing twelve months
- −$112M
- Net income, trailing twelve months
- $107M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.8%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.