Greenbrier Companies Inc (GBX)
Operating return on assets (Operating ROA)
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 324,500 | 176,400 | 118,000 | 41,000 | 168,400 |
| Total assets | US$ in thousands | 4,254,500 | 3,978,400 | 3,851,500 | 3,390,700 | 3,173,800 |
| Operating ROA | 7.63% | 4.43% | 3.06% | 1.21% | 5.31% |
August 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $324,500K ÷ $4,254,500K
= 7.63%
The operating return on assets (operating ROA) of Greenbrier Companies Inc has shown a positive trend over the past five years. The ratio has steadily increased from 5.31% in 2020 to 7.63% in 2024, indicating an improvement in the company's ability to generate operating income from its assets.
This upward trend suggests that Greenbrier has become more efficient in utilizing its assets to generate operating profits over the years. The company's management may have implemented strategies to enhance operational productivity or optimize asset utilization, leading to the improved operating ROA figures.
Overall, the positive trajectory of Greenbrier's operating ROA reflects positively on the company's operational performance and efficiency in converting its assets into operating profits.
Peer comparison
Aug 31, 2024