Greenbrier Companies Inc (GBX)
Return on equity (ROE)
| Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 62,500 | 46,900 | 32,400 | 49,000 | 71,076 |
| Total stockholders’ equity | US$ in thousands | 1,254,600 | 1,276,900 | 1,307,700 | 1,293,040 | 1,276,730 |
| ROE | 4.98% | 3.67% | 2.48% | 3.79% | 5.57% |
August 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $62,500K ÷ $1,254,600K
= 4.98%
Greenbrier Cos., Inc.'s return on equity (ROE) has fluctuated over the past five years. In 2023, the ROE stood at 4.98%, showing an improvement from the previous year's 3.67%. However, compared to 2019, when the ROE was at 5.57%, the current figure represents a decline. This suggests that the company's ability to generate profit from shareholder equity has been somewhat inconsistent. Additionally, the ROE in 2021 was 2.48%, indicating a significant drop from the preceding and subsequent years. It is important for stakeholders to assess the factors contributing to these fluctuations in order to gain a thorough understanding of Greenbrier Cos., Inc.'s financial performance.
Peer comparison
Aug 31, 2023