Greenbrier Companies Inc (GBX)
Pretax margin
| Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 87,100 | 65,000 | -7,800 | 89,200 | 112,664 |
| Revenue | US$ in thousands | 3,944,000 | 2,977,700 | 1,747,900 | 2,792,200 | 3,033,590 |
| Pretax margin | 2.21% | 2.18% | -0.45% | 3.19% | 3.71% |
August 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $87,100K ÷ $3,944,000K
= 2.21%
The pretax margin of Greenbrier Cos., Inc. has fluctuated over the past five years. In 2023, the pretax margin increased to 2.54% from 2.41% in 2022. This indicates a slight improvement in the company's ability to generate profits before taxes relative to its total revenue. However, it is important to note that the pretax margin was negative in 2021, signifying that the company incurred a pre-tax loss relative to its revenue. The relatively higher pretax margins in 2020 and 2019, at 4.58% and 4.86% respectively, indicate that the company was more profitable in those years before accounting for taxes. Overall, the pretax margin demonstrates variability in the company's profitability over the analyzed period.
Peer comparison
Aug 31, 2023