Greenbrier Companies Inc (GBX)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 110,700 | 110,400 | 62,500 | 57,900 | 39,700 | 19,400 | 46,900 | 58,400 | 75,000 | 53,100 | 32,300 | 497 | 8,569 | 31,298 | 48,967 | 84,177 | 71,653 | 60,789 | 71,076 | 66,904 |
| Total stockholders’ equity | US$ in thousands | 1,299,900 | 1,274,000 | 1,254,600 | 1,232,700 | 1,277,300 | 1,265,800 | 1,276,900 | 1,270,400 | 1,252,600 | 1,237,300 | 1,307,700 | 1,286,760 | 1,268,500 | 1,280,410 | 1,293,040 | 1,291,220 | 1,286,470 | 1,281,810 | 1,276,730 | 1,262,320 |
| ROE | 8.52% | 8.67% | 4.98% | 4.70% | 3.11% | 1.53% | 3.67% | 4.60% | 5.99% | 4.29% | 2.47% | 0.04% | 0.68% | 2.44% | 3.79% | 6.52% | 5.57% | 4.74% | 5.57% | 5.30% |
February 29, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $110,700K ÷ $1,299,900K
= 8.52%
Greenbrier Companies Inc's return on equity (ROE) has shown variability over the past several quarters. In the most recent quarter, ending on February 29, 2024, the ROE was 8.52%, which indicates that the company generated a return of 8.52% on shareholders' equity during that period.
Looking at the trend over the past few quarters, there has been a general upward movement in ROE since the low of 0.04% in the quarter ending August 31, 2021. This indicates an improvement in the company's ability to generate profit relative to its equity base.
It is worth noting that the ROE figures fluctuate, which could be due to various factors such as changes in profitability, financial leverage, or asset management efficiency. The recent ROE figures above 5% suggest that Greenbrier Companies Inc has been able to generate reasonable returns on shareholders' equity, although there is room for further improvement.
Overall, while the company's ROE has shown some positive trends, it is essential to delve deeper into the financial performance and factors influencing the ratio to gain a more comprehensive understanding of Greenbrier Companies Inc's financial health and profitability.
Peer comparison
Feb 29, 2024