Greenbrier Companies Inc (GBX)
Return on equity (ROE)
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 160,100 | 62,500 | 46,900 | 32,400 | 49,000 |
| Total stockholders’ equity | US$ in thousands | 1,376,100 | 1,254,600 | 1,276,900 | 1,307,700 | 1,293,040 |
| ROE | 11.63% | 4.98% | 3.67% | 2.48% | 3.79% |
August 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $160,100K ÷ $1,376,100K
= 11.63%
Greenbrier Companies Inc's return on equity (ROE) has shown a positive trend over the past five years, indicating an improvement in the company's profitability and efficiency in generating earnings from shareholders' equity. The ROE increased from 3.79% in 2020 to 11.63% in 2024.
This growth in ROE suggests that Greenbrier Companies Inc has become more effective in utilizing its shareholders' equity to generate profits. A higher ROE indicates that the company is able to deliver better returns to shareholders for each dollar of equity invested.
The consistent increase in ROE over the years is a positive sign for investors, as it demonstrates the company's ability to generate higher profits relative to its equity base. This upward trend reflects positively on Greenbrier Companies Inc's financial performance and management's effectiveness in optimizing the company's resources to generate returns for its shareholders.
Peer comparison
Aug 31, 2024