7Baggers
Quarterly
Annual
    Unit: USD2025-08-31 2025-05-31 2025-02-28 2024-11-30 2024-08-31 2024-05-31 2024-02-29 2023-11-30 2023-08-31 2023-05-31 2023-02-28 2022-11-30 2022-08-31 2022-05-31 2022-02-28 2021-11-30 2021-08-31 2021-05-31 2021-02-28 2020-11-30 2020-08-31 2020-05-31 2020-02-29 2019-11-30 2019-08-31 2019-05-31 2019-02-28 2018-08-31 2017-08-31 2015-08-31 2014-08-31 2012-08-31 2011-08-31 2011-05-31 2011-02-28 2010-11-30 2010-05-31 2010-02-28 2009-11-30 2009-08-31 2009-05-31 2009-02-28 2008-11-30 2008-08-31 2008-05-31 2008-02-29 2007-11-30 2007-05-31 2007-02-28 2006-11-30 2006-08-31 2006-05-31 2006-02-28 2005-11-30 2005-08-31 2005-05-31 2005-02-28 2004-11-30 2004-08-31 2004-05-31 2004-02-29 2003-11-30 2003-08-31 2003-05-31 2003-02-28 2002-11-30 2002-08-31 
      
    		                                                                   
      revenue
    		                                                                   
      manufacturing
    		692,300,000 778,200,000 700,300,000 820,400,000 916,800,000 685,100,000 735,800,000 675,900,000 872,400,000 870,200,000 968,600,000 646,500,000 817,500,000 650,900,000 555,700,000 452,500,000 477,232,000 341,939,000 202,094,000 308,722,000 549,654,000 653,007,000 489,943,000 657,367,000 802,103,000 681,588,000 476,019,000      305,554,000 173,487,000 156,621,000 85,440,000 77,877,000 88,065,000 60,078,000 108,218,000 105,986,000 145,574,000 102,717,000 180,680,000 201,825,000 123,394,000 159,194,000 241,399,000 119,201,000 168,692,000 241,719,000 236,052,000 208,922,000 164,596,000 240,866,000 266,090,000 233,808,000 200,397,000 180,070,000 207,136,000 148,725,000 94,235,000 90,700,000 108,099,000 86,539,000 79,211,000  
      leasing & fleet management
    		67,200,000 64,500,000 61,800,000 55,500,000                                                                
      cost of revenue
    		                                                                   
      margin
    		143,800,000 151,500,000 138,600,000 173,600,000 191,200,000 123,800,000 122,200,000 121,300,000 126,700,000 128,100,000 116,800,000 69,500,000 127,300,000 76,300,000 54,800,000 47,600,000 98,133,000 75,132,000 17,671,000 40,671,000 67,075,000 107,531,000 86,336,000 92,189,000 58,237,250 106,572,000 53,844,000      51,076,000 38,150,000 28,611,000 26,166,000 35,868,000 24,166,000 21,642,000 32,308,000 26,693,000 16,155,000 17,951,000 42,999,000 48,633,000 34,673,000 35,937,000 57,776,000 31,822,000 29,117,000 39,831,000 44,472,000 40,183,000 32,893,000 38,838,000 34,982,000 26,547,000 24,806,000 29,531,000 25,717,000 17,164,000 16,151,000 16,401,000 16,193,000 10,595,000 10,988,000  
      selling and administrative expense
    		48,125,000 65,900,000 64,600,000 62,000,000 44,800,000 59,300,000 63,600,000 56,300,000 43,925,000 63,300,000 59,000,000 53,400,000 39,100,000 57,400,000 54,700,000 44,300,000 34,092,750 49,239,000 43,425,000 43,707,000 39,613,750 49,494,000 54,597,000 54,364,000 38,175,250 54,377,000 47,892,000                       17,124,000    15,684,000    12,072,000   10,924,000 8,167,000 7,805,000 8,317,000 8,162,000 7,070,000  
      net gain on disposition of equipment
    		900,000 -7,000,000 -9,600,000  -500,000 -7,800,000 -4,900,000  -2,100,000 -2,300,000 -9,600,000 -3,300,000   -25,100,000 -8,500,000   -27,000 -922,000 -573,000 -8,775,000 -6,697,000 -3,959,000 -3,489,000 -11,019,000 -12,102,000                                         
      earnings from operations
    		72,100,000 92,600,000 83,600,000 111,800,000 123,800,000 72,300,000 63,500,000 64,900,000 63,100,000 50,700,000 67,400,000 -4,800,000 61,400,000 19,600,000 25,200,000 11,800,000 43,102,000 25,709,000 -25,727,000 -2,114,000 21,397,000 66,812,000 38,436,000 41,784,000 76,419,000 53,189,000 18,054,000      31,183,000 17,248,000                                  
      interest and foreign exchange
    		17,400,000 13,200,000 21,700,000 23,400,000 28,300,000 24,700,000 24,600,000 23,200,000 21,400,000 22,800,000 21,600,000 19,600,000 18,100,000 14,900,000 11,800,000 12,600,000 12,388,000 10,204,000 9,568,000 11,103,000 10,596,000 7,562,000 12,609,000 12,852,000 7,501,000 9,770,000 9,237,000      6,346,000 9,807,000 10,536,000 10,304,000 9,536,000 12,406,000 11,112,000 12,294,000 10,749,000 8,192,000 10,846,000 10,507,000 9,990,000 9,854,000 10,419,000 10,930,000 10,416,000 9,641,000 7,990,000 5,963,000 7,012,000 4,430,000 5,196,000 2,285,000 4,295,000 3,059,000 3,332,000 2,932,000        
      earnings before income tax and earnings from unconsolidated affiliates
    		54,700,000 79,400,000 61,900,000 88,400,000 95,500,000 47,600,000 38,900,000 41,700,000 41,700,000 27,900,000 45,800,000  43,300,000 4,700,000 13,400,000  29,190,000 10,742,000 -35,295,000                                                 
      income tax expense
    		-19,900,000 -18,100,000 -20,000,000 -33,400,000 -32,000,000 -10,700,000 -9,300,000  -2,925,000 -3,600,000 -11,900,000          -2,306,000 -24,421,000 -7,463,000 -5,994,000 -17,197,000 -13,008,000                  -6,118,000 -7,573,000  -2,956,000 -11,047,000  -580,000 568,000 -9,866,000 -7,466,000 -4,934,000 -7,078,000 -5,881,000  -3,554,000 -1,361,500 -4,116,000  -2,490,000      
      earnings before earnings from unconsolidated affiliates
    		34,800,000 61,300,000 41,900,000 55,000,000 63,500,000 36,900,000 29,600,000 31,700,000 28,800,000 24,300,000 33,900,000 -20,600,000 28,100,000 3,600,000 10,200,000 600,000 33,415,000 17,656,000 -13,543,000 -5,885,000 8,495,000 34,829,000 18,364,000 22,938,000   6,569,000                                         
      earnings from unconsolidated affiliates
    		5,500,000 6,200,000 4,300,000 4,100,000 1,800,000 3,700,000 4,000,000 1,500,000 600,000 2,400,000 2,900,000 3,300,000 1,300,000 4,000,000 1,000,000 5,000,000 2,234,000 2,379,000 -378,000 -744,000 -804,000 1,040,000 1,651,000 1,073,000   -786,000                                         
      net earnings
    		40,300,000 67,500,000 46,200,000 59,100,000 65,300,000 40,600,000 33,600,000 33,200,000 29,400,000 26,700,000 36,800,000 -17,300,000 29,400,000 7,600,000 11,200,000 5,600,000 35,649,000 20,035,000 -13,921,000 -6,629,000 7,691,000 35,869,000 20,015,000 24,011,000 50,799,000 25,847,000 5,783,000      13,537,000 -2,804,000   6,077,000   6,686,000 -50,538,000 -6,878,000 -3,329,000 7,350,000 8,126,000 1,423,000 2,642,000 13,017,000 -6,071,000 1,870,000 12,338,000 10,680,000 8,563,000 8,017,000 10,586,000 9,044,000 4,802,000 5,390,000 8,011,000 6,375,000 2,237,000 4,155,000 3,292,000 3,006,000    
      net earnings attributable to noncontrolling interest
    		-3,500,000 -7,400,000  -3,800,000 -3,700,000 -6,700,000 -200,000             -3,343,000 -7,794,000 -8,097,000 -6,386,000 -16,342,000 -15,692,000 -10,599,000 -3,018,000      -254,750 -510,000 -257,000                                 
      net earnings attributable to greenbrier
    		36,800,000 60,100,000 51,900,000 55,300,000 61,600,000 33,900,000 33,400,000 31,200,000 24,800,000 21,300,000 33,100,000 -16,700,000 20,200,000 3,100,000 12,800,000 10,800,000 31,777,000 19,737,000 -9,065,000 -9,972,000 -103,000 27,772,000 13,629,000 7,669,000 35,107,000 15,248,000 2,765,000      12,635,000 -3,314,000   4,563,000                               
      basic earnings per common share
    		1,200,000 1,920,000 1,660,000 1,770,000 1,980,000 1,090,000 1,080,000 1,000,000 780,000 670,000 1,010,000 -510,000 620,000 100,000 390,000 330,000 970 610 -280 -300  850 420 240 275 470 80      -67.5 -140   250   -902.5 -3,000 -410  187.5 490 90  810 -380  435 670 550  322.5 600 320  220 440 150       
      diluted earnings per common share
    		1,170,000 1,860,000 1,560,000 1,720,000 1,910,000 1,060,000 1,030,000 960,000 760,000 640,000 970,000 -510,000 610,000 90,000 380,000 320,000 940 590 -280 -300 -10 830 410 230 1,060 460 80      -67.5 -140   230   -902.5 -3,000 -410  187.5 490 90  810 -380  427.5 670 540  310 580 310  210 420 150       
      weighted-average common shares
    		                                                                   
      basic
    		31,171,000,000 31,186,000,000 31,376,000,000 31,246,000,000 31,102,000,000 31,131,000,000 31,117,000,000 31,025,000,000 31,983,000,000 31,757,000,000 32,588,000,000 32,719,000,000 32,569,000,000 32,588,000,000 32,582,000,000 32,510,000,000 32,648,000 32,573,000 32,810,000 32,723,000 32,670,000 32,690,000 32,661,000 32,629,000  32,603,000 32,628,000      24,100,000 24,127,000 23,310,000 21,879,000 18,220,000 17,113,000 17,087,000 16,815,000 16,840,000 16,694,000 16,629,000 16,395,000 16,507,000 16,290,000 16,172,000 16,105,000 15,982,000 15,961,000 15,751,000 15,887,000 15,655,000 15,511,000 15,000,000 15,020,000 14,954,000 14,894,000 14,569,000 14,628,000 14,517,000 14,353,000 14,138,000 14,121,000 14,121,000 14,121,000  
      diluted
    		32,139,000,000 32,184,000,000 33,228,000,000 32,223,000,000 32,363,000,000 32,021,000,000 32,570,000,000 32,782,000,000 33,799,000,000 33,571,000,000 34,400,000,000 32,719,000,000 33,631,000,000 33,661,000,000 34,463,000,000 33,570,000,000 33,665,000 33,605,000 32,810,000 32,723,000 33,441,000 33,478,000 33,482,000 33,284,000  33,183,000 33,206,000      26,501,000 24,127,000 23,310,000 21,879,000 20,058,000 17,113,000 17,087,000 16,815,000 16,840,000 16,694,000 16,629,000 16,417,000 16,529,000 16,311,000 16,198,000 16,139,000 16,022,000 16,010,000 15,937,000 15,979,000 15,911,000 15,847,000 15,560,000 15,605,000 15,573,000 15,504,000 15,199,000 15,224,000 15,178,000 14,890,000 14,325,000 14,332,000 14,121,000 14,121,000  
      net (earnings) loss attributable to noncontrolling interest
    		  5,700,000     -2,000,000 -2,125,000 -5,400,000 -3,700,000  575,000 -4,500,000  5,200,000 303,750 -298,000 4,856,000                 -252,000 -1,514,000 -367,000                              
      net (gain) loss on disposition of equipment
    		   -200,000         -8,575,000 -700,000   -191,250 184,000                                                  
      weighted-average common shares:
    		                                                                   
      basic
    		31,171,000,000 31,186,000,000 31,376,000,000 31,246,000,000 31,102,000,000 31,131,000,000 31,117,000,000 31,025,000,000 31,983,000,000 31,757,000,000 32,588,000,000 32,719,000,000 32,569,000,000 32,588,000,000 32,582,000,000 32,510,000,000 32,648,000 32,573,000 32,810,000 32,723,000 32,670,000 32,690,000 32,661,000 32,629,000  32,603,000 32,628,000      24,100,000 24,127,000 23,310,000 21,879,000 18,220,000 17,113,000 17,087,000 16,815,000 16,840,000 16,694,000 16,629,000 16,395,000 16,507,000 16,290,000 16,172,000 16,105,000 15,982,000 15,961,000 15,751,000 15,887,000 15,655,000 15,511,000 15,000,000 15,020,000 14,954,000 14,894,000 14,569,000 14,628,000 14,517,000 14,353,000 14,138,000 14,121,000 14,121,000 14,121,000  
      diluted
    		32,139,000,000 32,184,000,000 33,228,000,000 32,223,000,000 32,363,000,000 32,021,000,000 32,570,000,000 32,782,000,000 33,799,000,000 33,571,000,000 34,400,000,000 32,719,000,000 33,631,000,000 33,661,000,000 34,463,000,000 33,570,000,000 33,665,000 33,605,000 32,810,000 32,723,000 33,441,000 33,478,000 33,482,000 33,284,000  33,183,000 33,206,000      26,501,000 24,127,000 23,310,000 21,879,000 20,058,000 17,113,000 17,087,000 16,815,000 16,840,000 16,694,000 16,629,000 16,417,000 16,529,000 16,311,000 16,198,000 16,139,000 16,022,000 16,010,000 15,937,000 15,979,000 15,911,000 15,847,000 15,560,000 15,605,000 15,573,000 15,504,000 15,199,000 15,224,000 15,178,000 14,890,000 14,325,000 14,332,000 14,121,000 14,121,000  
      maintenance services
    		    69,900,000 69,900,000 75,200,000 83,800,000 100,000,000 122,900,000 98,000,000 85,500,000 87,200,000 101,500,000 86,600,000 72,400,000                                                    
      leasing & management services
    		    66,300,000 65,200,000 51,700,000 49,100,000 45,000,000 45,000,000 55,400,000 34,500,000 46,000,000 41,100,000 40,500,000 25,800,000                                                    
      asset impairment, disposal, and exit costs
    		        6,100,000 16,400,000                                                          
      other costs
    		                                                                   
      impairment of long-lived assets
    		           24,200,000                                                        
      net income (gain) on disposition of equipment
    		       100,000                                                            
      income tax benefit
    		       -10,000,000    3,800,000 -15,200,000 -1,100,000 -3,200,000 1,400,000 4,225,000 6,914,000 21,752,000 7,332,000       -2,248,000      -4,376,000 301,000 -100,000 611,000 -2,418,000 944,000 2,500,000 4,709,000 4,841,000 1,324,000 4,544,000   -1,904,000   8,229,000        -3,397,000    1,309,000  -2,261,000 -2,423,000 213,000 -228,000  
      income before income tax and earnings from unconsolidated affiliates
    		           -24,400,000    -800,000                                                    
      net income attributable to noncontrolling interest
    		           600,000   1,600,000                                                     
      net income on extinguishment of debt
    		                1,524,000 4,763,000                                                  
      wheels, repair & parts
    		                80,280,000 80,871,000 71,623,000 65,556,000 64,813,000 82,024,000 91,225,000 86,608,000 85,701,000 124,980,000 125,278,000                                         
      leasing & services
    		                41,715,000 27,333,000 21,905,000 28,711,000 21,958,000 27,526,000 42,680,000 25,384,000 26,441,000 49,584,000 57,374,000      17,917,000 17,476,000 17,665,000 18,859,000 21,392,000 17,556,000 18,632,000 20,184,000 18,272,000 19,877,000 21,133,000 22,708,000 27,914,000 23,603,000 23,295,000 26,994,000 25,466,000 26,695,000 23,440,000 30,036,000 27,292,000 21,766,000 24,360,000 19,944,000 21,105,000 17,651,000 22,329,000 18,157,000 17,836,000 17,896,000 17,721,000 16,853,000 18,190,000 17,678,000  
      earnings before income taxes and earnings from unconsolidated affiliates
    		                   -13,217,000 28,502,250 59,250,000 25,827,000 28,932,000   8,817,000                                         
      goodwill impairment
    		                         10,025,000                                          
      dividends declared per common share
    		                    197.5 270 270 250 187.5 250 250                                         
      earnings before income taxes and income from unconsolidated affiliates
    		                        21,071,500 43,419,000       -1,065,500 -2,566,000 382,000  8,813,000                               
      earnings before income from unconsolidated affiliates
    		                        51,721,000 30,411,000       14,811,000 -2,265,000 282,000  6,395,000                               
      income from unconsolidated affiliates
    		                        -922,000 -4,564,000       -1,274,000 -539,000 -575,000 -587,000 -318,000                               
      wheel services, refurbishment & parts
    		                                119,265,000 126,317,000 112,015,000 97,145,000                                
      selling and administrative
    		                                22,114,000 22,580,000 17,693,000 17,938,000 17,519,000 16,958,000 16,208,000 17,612,000 15,886,000 16,265,000 15,980,000 20,542,000 23,407,000 21,000,000 20,184,000 20,092,000 18,800,000  12,756,250 18,082,000 17,260,000  10,348,000 15,276,000 14,044,000  8,334,000 12,352,000        
      gain on disposition of equipment
    		                                -2,221,000 -1,678,000                                  
      gain on extinguishment of debt
    		                                5,650,000 10,007,000                                  
      net income
    		                                  -293,000 -2,052,000  -4,385,000 -3,361,000                          -1,237,000 -743,000  
      yoy
    		                                  -91.28%                                 
      qoq
    		                                  -85.72%   30.47%                           66.49%   
      net income margin %
    		                                                                   
      net income attributable to greenbrier
    		                                  -550,000 -2,304,000                                
      basic loss per common share
    		                                  -20   -280                              
      diluted loss per common share
    		                                  -20   -280                              
      income before income taxes and income from unconsolidated affiliates
    		                                   -2,076,000                                
      income before income from unconsolidated affiliates
    		                                   -1,465,000                                
      basic loss per common share:
    		                                   -110   -190                             
      diluted loss per common share:
    		                                   -110   -190                             
      refurbishment & parts
    		                                    112,186,000 94,329,000 92,983,000 102,014,000 120,190,000 121,681,000 132,279,000 158,633,000 152,367,000 112,576,000 103,889,000 118,213,000 95,311,000 51,236,000                  
      special charges
    		                                        55,667,000     2,112,000 189,000 3,091,000 16,485,000       2,913,000     1,234,000       
      income before income taxes and equity in unconsolidated subsidiary
    		                                     -5,198,000                              
      income before equity in unconsolidated subsidiary
    		                                     -4,254,000                              
      equity in earnings of unconsolidated subsidiary
    		                                     -131,000 -183,000         223,000                    
      net income attributable to controlling interest
    		                                     -4,752,000 -3,244,000                             
      income before income taxes, noncontrolling interest and equity in unconsolidated subsidiary
    		                                      -5,678,000                             
      income before noncontrolling interest and equity in unconsolidated subsidiary
    		                                      -3,178,000                             
      less: net income attributable to noncontrolling interest
    		                                      117,000                             
      earnings before income taxes, minority interest and equity in unconsolidated subsidiaries
    		                                       -18,196,500 -55,609,000 -8,302,000 -8,875,000 5,522,000 15,236,000 1,707,000 5,145,000   2,352,000           2,402,000       
      earnings before minority interest and equity in unconsolidated subsidiaries
    		                                       -15,519,500 -50,768,000 -6,978,000 -4,331,000 5,832,000 7,663,000 -197,000 2,189,000   1,772,000           3,711,000       
      minority interest
    		                                       -134,000 687,000 351,000 568,000 1,168,000 272,000 1,367,000 375,000 178,000 42,000 -2,000               18,000 -18,000  
      equity in earnings of unconsolidated subsidiaries
    		                                       -68,500 -457,000 -251,000 434,000 350,000 191,000 253,000 78,000  -463,000 100,000 -240,000 119,000 118,000 172,000 -80,500 417,000   -433,500 58,000        
      basic earnings per common share:
    		                                          -200    160   120    520    360          
      diluted earnings per common share:
    		                                          -200    160   120    510    350          
      earnings before income tax expense, minority interest and equity in unconsolidated subsidiary
    		                                               23,663,000                    
      earnings before minority interest and equity in unconsolidated subsidiary
    		                                               12,616,000                 -346,000 408,000  
      earnings before income taxes and equity in unconsolidated subsidiaries
    		                                                -13,879,000  12,279,250 20,427,000 15,911,000 12,779,000 8,097,750 14,508,000 8,208,000  4,986,750 10,433,000        
      earnings before equity in unconsolidated subsidiaries
    		                                                -5,650,000  12,516,000 10,561,000 8,445,000 7,845,000 10,531,000 8,627,000 4,811,000  7,574,000 6,317,000        
      equity in loss of unconsolidated subsidiaries
    		                                                        -9,000 -731,000   -1,474,000 -318,000      
      earnings before income taxes and equity in loss of unconsolidated subsidiaries
    		                                                         9,675,000          
      earnings before equity in loss of unconsolidated subsidiaries
    		                                                         6,121,000          
      interest expense
    		                                                            2,604,000 2,079,000 3,246,000 2,340,000 2,992,000 3,282,000  
      earnings before income taxes, minority interest and equity in loss of unconsolidated subsidiaries
    		                                                             5,905,000      
      earnings before minority interest and equity in loss of unconsolidated subsidiaries
    		                                                             3,415,000      
      earnings from continuing operations
    		                                                             3,097,000 2,607,000 2,652,000    
      earnings from discontinued operations
    		                                                             1,058,000 -183,500 354,000    
      continuing operations
    		                                                             220 190 190 -50 -10  
      discontinued operations
    		                                                             70 50 20 -40 -40  
      earnings before income taxes and equity in unconsolidated subsidiary
    		                                                              1,403,500 5,536,000    
      earnings before equity in unconsolidated subsidiary
    		                                                              793,750 3,113,000    
      equity in unconsolidated subsidiary
    		                                                              -354,000 -461,000 -437,000   
      earnings before income taxes, minority interest and equity in unconsolidated subsidiary
    		                                                                -559,000 636,000  
      income from continuing operations
    		                                                                -765,000 -127,000  
      income from discontinued operations
    		                                                                -472,000 -616,000  
      equity in loss of unconsolidated subsidiary
    		                                                                 -517,000  
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.