GBX

MKT CAP:$2B

The Greenbrier Companies, Inc.

Market Cap

$2B

Industrials·Railroads·🇺🇸 United States·NYSE

Industrials·Railroads·🇺🇸·NYSE

Stock Price

$49.36+$2.08 (+4.40%)

Apr 20, 2026

Company Details

The Greenbrier Companies, Inc. designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services....

CEO

Lorie L. Tekorius

IPO Date

Jul 14, 1994

Website

www.gbrx.com

Key Metrics TTM

Revenue

$3.2B

-8.7% YoY

Net Income

$204M

EPS (Diluted)

$6.33

Free Cash Flow

-$15M

Revenue / Share

$104.73

Gross Margin

18.6%

Operating Margin

10.4%

Net Margin

6.3%

FCF Margin

-0.5%

P/S

0.5x

P/E

7.5x

Earnings Reports

FY 2025

Oct 28, 2025

$3.2B-8.7%EPS $6.35

Q4 2025

Oct 28, 2025

$756M-28.1%EPS $1.19

Q3 2025

Jul 2, 2025

$840M+2.7%EPS $1.86

Q2 2025

Apr 8, 2025

$762M-11.5%EPS $1.56

Q1 2025

Jan 10, 2025

$875M+8.2%EPS $1.72

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$551M	$48M	$3M
Q2 22	$683M	$54M	-$300.0K
Q3 22	$794M	$77M	$19M
Q4 22	$951M	$128M	$59M
Q1 23	$767M	$69M	$16M
Q2 23	$1.1B	$116M	$57M
Q3 23	$1.0B	$128M	$65M
Q4 23	$1.0B	$127M	$67M
Q1 24	$808M	$120M	$64M
Q2 24	$861M	$121M	$57M
Q3 24	$819M	$122M	$63M
Q4 24	$1.1B	$190M	$122M
Q1 25	$875M	$172M	$110M
Q2 25	$762M	$139M	$74M
Q3 25	$840M	$149M	$83M
Q4 25	$756M	$140M	$69M

Valuation

Quarter	P/S	P/E
Q1 22	0.7x	24.9x
Q2 22	0.6x	19.3x
Q3 22	0.5x	24.3x
Q4 22	0.3x	20.5x
Q1 23	0.4x	63.5x
Q2 23	0.3x	25.3x
Q3 23	0.2x	15.4x
Q4 23	0.3x	20.9x
Q1 24	0.3x	10.5x
Q2 24	0.4x	14.1x
Q3 24	0.5x	13.8x
Q4 24	0.4x	9.2x
Q1 25	0.6x	11.6x
Q2 25	0.5x	8.3x
Q3 25	0.4x	6.1x
Q4 25	0.4x	7.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$197M	-$384M
Q2 22	-$22M	-$34M
Q3 22	-$108M	-$158M
Q4 22	$180M	$48M
Q1 23	-$256M	-$313M
Q2 23	$159M	$46M
Q3 23	$98M	$13M
Q4 23	$77M	-$31M
Q1 24	-$44M	-$112M
Q2 24	$100M	-$22M
Q3 24	$85M	-$49M
Q4 24	$192M	$118M
Q1 25	-$60M	-$119M
Q2 25	$95M	$27M
Q3 25	$140M	$57M
Q4 25	$92M	$21M

Capital Expenditures

Quarter	CapEx
Q1 22	$187M
Q2 22	$11M
Q3 22	$51M
Q4 22	$132M
Q1 23	$57M
Q2 23	$113M
Q3 23	$84M
Q4 23	$108M
Q1 24	$68M
Q2 24	$122M
Q3 24	$134M
Q4 24	$74M
Q1 25	$59M
Q2 25	$67M
Q3 25	$83M
Q4 25	$71M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+36.6%	+34.9%
Q2 22	+130.8%	+112.5%
Q3 22	+76.2%	+82.6%
Q4 22	+58.7%	+60.3%
Q1 23	+39.2%	+37.1%
Q2 23	+64.3%	+55.9%
Q3 23	+30.7%	+25.6%
Q4 23	+6.8%	+6.4%
Q1 24	+5.4%	-0.9%
Q2 24	-23.2%	-24.5%
Q3 24	-21.1%	-22.3%
Q4 24	+3.5%	-2.1%
Q1 25	+8.2%	+2.7%
Q2 25	-11.5%	-14.5%
Q3 25	+2.7%	+0.2%
Q4 25	-28.1%	-26.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 22	—	$44M
Q2 22	—	$55M
Q3 22	—	$57M
Q4 22	$5M	$69M
Q1 23	—	$53M
Q2 23	—	$59M
Q3 23	—	$63M
Q4 23	—	$60M
Q1 24	—	$56M
Q2 24	—	$64M
Q3 24	—	$59M
Q4 24	$5M	$68M
Q1 25	—	$62M
Q2 25	—	$65M
Q3 25	—	$66M
Q4 25	—	$71M

Revenue Segments

Quarter	Leasing and Management Services	Maintenance Services	Manufacturing
Q1 22	$26M	$72M	$453M
Q3 22	$41M	$102M	$651M
Q4 22	$47M	$9M	$930M
Q1 23	$35M	$9M	$691M
Q2 23	$56M	$6M	$1.1B
Q3 23	$45M	$11M	$944M
Q4 23	$45M	$10M	$965M
Q1 24	$49M	$9M	$734M
Q2 24	$52M	$9M	$797M
Q3 24	$65M	$17M	$756M
Q4 24	$67M	$15M	$955M
Q1 25	$56M	—	$820M
Q2 25	$62M	—	$700M
Q3 25	$65M	—	$778M
Q4 25	—	—	$791M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$466M	$0	$466M
Q4 22	$559M	$0	$559M
Q1 23	$281M	$0	$281M
Q2 23	$400M	$0	$400M
Q3 23	$342M	$0	$342M
Q4 23	$303M	$0	$303M
Q1 24	$321M	$0	$321M
Q2 24	$272M	$0	$272M
Q3 24	$292M	$0	$292M
Q4 24	$352M	$0	$352M
Q1 25	$313M	$0	$313M
Q2 25	$302M	$0	$302M
Q3 25	$342M	$0	$342M
Q4 25	$326M	$0	$326M
Q1 26	$362M	$0	$362M
Q2 26	$522M	$0	$522M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	34M	+0.5%	+2.6%
Q2 22	34M	+2.7%	+5.0%
Q3 22	34M	-2.3%	+0.2%
Q4 22	34M	-0.0%	+0.7%
Q1 23	33M	-2.8%	-2.5%
Q2 23	34M	+5.1%	-0.2%
Q3 23	34M	-2.4%	-0.3%
Q4 23	33M	-2.6%	-2.8%
Q1 24	33M	+0.2%	+0.2%
Q2 24	33M	-0.6%	-5.3%
Q3 24	32M	-1.7%	-4.6%
Q4 24	32M	+1.1%	-1.1%
Q1 25	32M	-0.4%	-1.7%
Q2 25	33M	+3.1%	+2.0%
Q3 25	32M	-3.1%	+0.5%
Q4 25	31M	-4.1%	-4.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$53.5K	10K
Q2 22	$66.3K	10K
Q3 22	$77.1K	10K
Q4 22	$66.0K	14K
Q1 23	$53.2K	14K
Q2 23	$77.9K	14K
Q3 23	$72.0K	14K
Q4 23	$169.3K	6K
Q1 24	$134.7K	6K
Q2 24	$143.6K	6K
Q3 24	$136.4K	6K
Q4 24	$74.1K	14K
Q1 25	$61.6K	14K
Q2 25	$53.7K	14K
Q3 25	$59.2K	14K
Q4 25	$68.7K	11K

Revenue / Employee