Greenbrier Companies Inc (GBX)
Operating profit margin
| Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 176,400 | 118,000 | 41,000 | 168,400 | 184,116 |
| Revenue | US$ in thousands | 3,944,000 | 2,977,700 | 1,747,900 | 2,792,200 | 3,033,590 |
| Operating profit margin | 4.47% | 3.96% | 2.35% | 6.03% | 6.07% |
August 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $176,400K ÷ $3,944,000K
= 4.47%
The operating profit margin of Greenbrier Cos., Inc. has varied over the past five years. In 2023, the operating profit margin increased to 5.22% from 2.71% in 2022, indicating an improvement in the company's ability to control its operating expenses and generate profit from its core business activities. However, this was still below the 5-year high of 5.32% in 2020. The 2023 margin also surpassed the 5-year average of 4.72%, suggesting a positive performance in the most recent fiscal year. It is important for the company to sustain or further improve this margin to ensure efficient operations and sustainable profitability.
Peer comparison
Aug 31, 2023