THE GREENBRIER COMPANIES, INC.

GBX ·Industrials, Railroads, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $3.24B $3.54B $3.94B $2.98B $1.75B $2.79B $3.03B $2.52B
Cost of Revenue $2.63B $2.99B $3.50B $2.67B $1.52B $2.44B $2.67B $2.11B
Gross Profit $607.5M $558.5M $441.1M $306.0M $231.6M $353.1M $366.5M $409.1M
Gross Margin 18.7% 15.8% 11.2% 10.3% 13.3% 12.6% 12.1% 16.2%
Operating Expenses
Research & Development $5.5M $5.2M $4.0M $5.4M $6.3M $5.8M $5.4M $6.0M
SG&A Expense $263.3M $247.1M $235.3M $225.2M $191.8M $204.7M $213.3M $200.4M
Operating Income $360.1M $324.5M $176.4M $118.0M $41.0M $168.4M $184.1M $253.0M
Operating Margin 11.1% 9.2% 4.5% 4.0% 2.3% 6.0% 6.1% 10.0%
Interest Expense
Pretax Income $284.4M $223.7M $91.0M $60.6M $-8.6M $124.8M $153.2M $223.6M
Income Tax Expense $91.4M $62.0M $24.6M $18.1M $-40.2M $40.2M $41.6M $32.9M
Net Income $204.1M $160.1M $62.5M $46.9M $32.4M $49.0M $71.1M $151.8M
Net Margin 6.3% 4.5% 1.6% 1.6% 1.9% 1.8% 2.3% 6.0%
EPS (Basic) $6.55 $5.15 $1.95 $1.44 $0.99 $1.50 $2.18 $4.92
EPS (Diluted) $6.35 $4.96 $1.89 $1.40 $0.96 $1.46 $2.14 $4.68
Shares Outstanding (Basic) 31.2M 31.1M 32.0M 32.6M 32.6M 32.7M 32.6M 30.9M
Shares Outstanding (Diluted) 32.1M 32.4M 33.8M 33.6M 33.7M 33.4M 33.2M 32.8M
Dividends Per Share $1.00 $0.96
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