Greenbrier Companies Inc (GBX)
Gross profit margin
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 498,300 | 492,900 | 441,100 | 441,700 | 389,900 | 327,900 | 306,000 | 276,800 | 275,700 | 238,500 | 231,600 | 200,575 | 232,906 | 301,642 | 353,131 | 419,593 | 418,634 | 386,142 | 366,486 | 338,836 |
| Revenue (ttm) | US$ in thousands | 3,727,000 | 3,986,300 | 3,944,000 | 3,877,300 | 3,632,700 | 3,193,500 | 2,977,700 | 2,626,100 | 2,282,800 | 1,895,600 | 1,747,900 | 1,785,236 | 2,097,593 | 2,425,841 | 2,792,200 | 3,070,009 | 3,163,604 | 3,198,427 | 3,033,591 | 2,808,552 |
| Gross profit margin | 13.37% | 12.36% | 11.18% | 11.39% | 10.73% | 10.27% | 10.28% | 10.54% | 12.08% | 12.58% | 13.25% | 11.24% | 11.10% | 12.43% | 12.65% | 13.67% | 13.23% | 12.07% | 12.08% | 12.06% |
February 29, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $498,300K ÷ $3,727,000K
= 13.37%
The gross profit margin of Greenbrier Companies Inc has shown fluctuations over the past several quarters. The margin has generally been in the range of 10% to 13%, indicating the company's ability to efficiently generate profits from its revenue after accounting for the cost of goods sold.
The trend in the gross profit margin suggests that there have been some variations in the company's pricing strategies, cost control measures, and possibly changes in the competitive landscape. The margin increase from 10.27% in August 2022 to 13.67% in May 2020 indicates a significant improvement in profitability during that period. However, the margin decrease from 13.25% in August 2021 to 10.27% in February 2022 suggests a decrease in profitability.
Overall, a higher gross profit margin is preferred as it indicates that the company is effectively managing its production costs. Investors and stakeholders typically monitor changes in gross profit margin as it provides insights into the company's operational efficiency and pricing power.
Peer comparison
Feb 29, 2024