Greenbrier Companies Inc (GBX)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 324,500 | 263,800 | 242,200 | 246,100 | 176,400 | 174,700 | 143,600 | 101,400 | 118,000 | 99,700 | 105,800 | 54,900 | 41,000 | 19,297 | 60,409 | 124,545 | 168,429 | 223,451 | 209,828 | 189,446 |
| Long-term debt | US$ in thousands | — | — | — | — | 906,600 | — | — | — | 867,500 | — | — | — | 492,319 | 481,396 | — | — | 498,858 | — | — | — |
| 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 |
| Return on total capital | 23.58% | 19.85% | 18.63% | 19.32% | 8.16% | 14.17% | 11.24% | 8.01% | 5.50% | 7.85% | 8.45% | 4.44% | 2.28% | 1.09% | 4.76% | 9.73% | 9.40% | 17.31% | 16.31% | 14.78% |
August 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $324,500K ÷ ($—K + $1,376,100K)
= 23.58%
The return on total capital for Greenbrier Companies Inc has shown fluctuations over the past several periods. The return on total capital ranged from as low as 1.09% in May 2021 to as high as 23.58% in August 2024. Generally, the return on total capital trended upwards, with a notable improvement from November 2021 to August 2024. This indicates that the company has been more effective in generating profits relative to the total capital employed in its operations during these periods. However, it is important to note that there were some periods, such as November 2023 and August 2023, where the return on total capital dipped, potentially indicating challenges in profitability or efficient capital utilization during those times. Overall, the increasing trend in return on total capital is a positive indicator of Greenbrier Companies Inc's ability to generate returns for its capital providers.
Peer comparison
Aug 31, 2024