Greenbrier Companies Inc (GBX)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 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 | 184,116 | 166,831 |
| Long-term debt | US$ in thousands | — | — | 906,600 | — | — | — | 867,500 | — | — | — | 492,319 | 481,396 | — | — | 498,858 | — | — | — | 521,544 | — |
| 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 |
| Return on total capital | 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% | 10.24% | 13.22% |
February 29, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $242,200K ÷ ($—K + $1,299,900K)
= 18.63%
The return on total capital for Greenbrier Companies Inc has shown fluctuations over the past few periods. The most recent figure as of February 29, 2024, stands at 18.63%, which indicates a relatively strong return on the company's total invested capital.
Looking back at the trend, the return on total capital has generally been increasing since the May 31, 2021, period, where it was at 1.09%. The upward trend continued till the May 31, 2022, period, where it peaked at 14.17%.
However, there was a slight dip in the return on total capital in the subsequent period up to August 31, 2022, where it dropped to 5.50%. The ratio increased in the subsequent periods but was not able to reach the peak observed in May 31, 2022, until the latest reported figure of 18.63%.
Overall, the return on total capital for Greenbrier Companies Inc has shown variability, with some periods having stronger performance than others. It will be important to monitor future trends to assess the company's ability to generate returns on its total invested capital consistently.
Peer comparison
Feb 29, 2024