Greenbrier Companies Inc (GBX)
Operating return on assets (Operating ROA)
| Aug 31, 2024 | May 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 324,500 | 263,800 | 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 |
| Total assets | US$ in thousands | 4,254,500 | 4,115,800 | 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 |
| Operating ROA | 7.63% | 6.41% | 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% |
August 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $324,500K ÷ $4,254,500K
= 7.63%
The operating return on assets (ROA) for Greenbrier Companies Inc has shown fluctuations over the past few periods. The operating ROA ranged from a low of 0.60% in May 2021 to a high of 7.63% in August 2024. Generally, the operating ROA has been trending upwards over the periods, indicating an improvement in the company's ability to generate operating income from its assets.
The average operating ROA over the period analyzed is approximately 4.26%. This suggests that, on average, Greenbrier Companies Inc generates operating income equivalent to 4.26% of its total assets. A higher operating ROA signifies better efficiency in utilizing its assets to generate operating profits.
Investors and stakeholders may view the increasing trend in operating ROA favorably as it indicates the company's improving operational performance and profitability. However, it is important to consider other financial metrics and factors to get a comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Aug 31, 2024