Greenbrier Companies Inc (GBX)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 160,100 | 123,300 | 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 |
| Total stockholders’ equity | US$ in thousands | 1,376,100 | 1,329,100 | 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 |
| ROE | 11.63% | 9.28% | 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% |
August 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $160,100K ÷ $1,376,100K
= 11.63%
Greenbrier Companies Inc's return on equity (ROE) has shown fluctuations over the past two years. From November 2019 to August 2020, ROE ranged from 6.52% to 4.74%. However, there was a notable increase in ROE from November 2020 to August 2021, reaching a peak of 11.63% in August 2021. This could indicate improved profitability and efficiency in the company's operations during this period.
Subsequently, ROE decreased and remained relatively stable between August 2021 and February 2024, fluctuating between 8.52% and 5.99%. Although the ROE was above single digits during this period, it was lower compared to the peak in August 2021.
Overall, Greenbrier Companies Inc's ROE demonstrates some variability, reflecting changing profitability and efficiency levels within the company. Investors and stakeholders may want to further investigate the factors contributing to these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Aug 31, 2024