Greenbrier Companies Inc (GBX)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 242,200 | 246,100 | 176,400 | 174,700 | 143,600 | 101,400 | 118,000 | 99,700 | 105,800 | 54,900 | 41,000 | 19,297 | 60,409 | 124,545 | 168,429 | 223,451 | 209,828 | 189,446 | 184,116 | 166,831 |
| Total assets | US$ in thousands | 4,043,600 | 4,014,700 | 3,978,400 | 3,921,700 | 3,952,500 | 3,817,100 | 3,851,500 | 3,706,100 | 3,612,700 | 3,470,000 | 3,390,700 | 3,210,170 | 3,059,360 | 3,046,080 | 3,173,800 | 3,279,030 | 2,947,660 | 2,948,780 | 2,990,640 | 2,513,190 |
| Operating ROA | 5.99% | 6.13% | 4.43% | 4.45% | 3.63% | 2.66% | 3.06% | 2.69% | 2.93% | 1.58% | 1.21% | 0.60% | 1.97% | 4.09% | 5.31% | 6.81% | 7.12% | 6.42% | 6.16% | 6.64% |
February 29, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $242,200K ÷ $4,043,600K
= 5.99%
Greenbrier Companies Inc's operating return on assets (operating ROA) has shown fluctuations over the past 20 quarters.
The operating ROA ranged from a low of 0.60% in the quarter ending May 31, 2021, to a high of 7.12% in the quarter ending February 29, 2020. The most recent operating ROA as of February 29, 2024, stands at 5.99%.
Overall, the operating ROA trend appears to have improved in recent quarters, with a gradual increase from 1.21% in the quarter ending August 31, 2021, to 5.99% in the quarter ending February 29, 2024.
Greenbrier Companies Inc's ability to generate operating income relative to its total assets has shown positive momentum, indicating potentially improving operational efficiency and profitability. Further analysis in conjunction with other financial metrics would provide a more comprehensive understanding of the company's financial performance.
Peer comparison
Feb 29, 2024