Greenbrier Companies Inc
F:G90

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Greenbrier Companies Inc Logo
Greenbrier Companies Inc
F:G90
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Price: 40.8 EUR -0.97% Market Closed
Market Cap: €1.3B

Greenbrier Companies Inc
Investor Relations

Greenbrier Companies makes freight railcars and railcar parts for the rail transportation industry. It designs and builds cars used to move goods such as grains, chemicals, automobiles, construction materials, and finished products. The company also repairs, refurbishes, and upgrades railcars, and it helps customers manage fleets that are already in service. Its main customers are freight railroads, railcar leasing firms, shippers, and industrial companies that need rail equipment to move cargo. Greenbrier earns money by selling new railcars and components, charging for repair and maintenance work, and collecting lease and fleet management income from railcars it owns or manages for others. What makes the business different is that it sits between the railcar user and the rail system itself. Greenbrier is not a railroad that moves freight, but a supplier and service partner that keeps the railcar fleet built, maintained, and working. That gives it a mix of manufacturing, aftermarket service, and leasing revenue tied to the long life of rail equipment.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Apr 7, 2026
AI Summary
Q2 2026

Resilient quarter: Greenbrier said Q2 results held up well despite lower deliveries, with gross margin and earnings improving relative to similar delivery levels thanks to better execution and a stronger business mix.

Outlook shifted: Full-year fiscal 2026 guidance was lowered on deliveries and revenue timing, but management said the change reflects a delay into fiscal 2027, not weaker underlying demand.

Leasing strength: The leasing and fleet management business remained a stabilizer, with utilization above 98%, strong renewals, and plans to end fiscal 2026 with more than 20,000 railcars in the fleet.

Demand still intact: Management said customers are taking longer to commit because of economic and geopolitical uncertainty, but they still see healthy underlying demand and expect order activity to loosen soon.

Balance sheet and returns: Greenbrier ended the quarter with over $1 billion of liquidity, raised its dividend 6% to $0.34 a share, and continued buying back stock.

Europe restructuring: The company continues to rationalize its European footprint, including actions in Poland and Romania and a full exit from Turkey, with about $20 million of annualized savings expected when completed.

Key Financials
Revenue
$588 million
Gross margin
11.8%
Operating income
$25 million
Operating margin
4.3%
EPS
$0.47
EBITDA
$61 million
Operating cash flow
$159 million
Liquidity
over $1 billion
Cash
approximately $520 million
Available borrowing capacity
approximately $560 million
New railcar orders
approximately 2,900 railcars
Backlog
approximately 15,200 railcars
Backlog value
$2.1 billion
Fleet utilization
above 98%
Dividend
$0.34 per share
Share repurchases
$13 million
Remaining repurchase authorization
approximately $65 million
Fiscal 2026 deliveries
15,350 to 16,350 units
Brazil deliveries
approximately 1,500 units
SG&A reduction
about $30 million
Capital expenditures
$80 million
Gross investment in leasing and fleet management
roughly $300 million
Equipment sales proceeds
$175 million
Lease fleet
more than 20,000 railcars
Annualized savings from Europe actions
about $20 million
Tax rate
14.9%
Earnings Call Recording
Other Earnings Calls

Management

Ms. Lorie L. Tekorius
President, CEO & Director
No Bio Available
Mr. Michael J. Donfris
Senior VP & CFO
No Bio Available
Mr. William A. Glenn
Senior VP & President of Europe
No Bio Available
Mr. Brian J. Comstock
Executive Vice President & President of The Americas
No Bio Available
Mr. William J. Krueger
Senior VP & Chief Operations Officer of The Americas
No Bio Available
Mr. Rick Galvan
Senior Vice President of Operations & Maintenance Services
No Bio Available
Mr. Matthew Joseph Meyer
Senior VP of Finance & Chief Accounting Officer
No Bio Available
Mr. Justin M. Roberts C.F.A.
VP of Corporate Finance & Investor Relations and Treasurer
No Bio Available
Mr. Christian M. Lucky
Senior VP, Chief Legal & Compliance Officer and Corporate Secretary
No Bio Available
Mr. Jack Isselmann
Senior VP of External Affairs & Corporate Communications and Media Relations
No Bio Available

Contacts

Address
OREGON
Lake Oswego
1 Centerpointe Dr Ste 200
Contacts
+15036847000.0
www.gbrx.com
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