# The Greenbrier Companies, Inc. (GBX)

> Source: Nexqual · https://nexqual.com/GBX · data as of 2026-11-03 21:00 UTC · cite as "Nexqual, The Greenbrier Companies, Inc. (GBX), nexqual.com/GBX" · informational, not investment advice.

## What changed for GBX since Aug 31, 2025
The built-in knowledge of several widely used AI models ends around Aug 31, 2025. Everything below is newer, dated and sourced (as of Nov 3, 2026).

- The Greenbrier Companies, Inc. (GBX) stock went from USD 46.63 (close of the week of Aug 25, 2025, split-adjusted) to USD 41.56, a -10.9% price change (-8.4% including dividends); the S&P 500 (SPY) moved +18.5% over the same period.
- Analyst actions on GBX in the last 120 days: 1 (0 upgrades or target raises, 1 downgrades or target cuts); most recent B of A Securities, Oct 27, 2026.

**Price:** USD 41.56 (-1.56% on the day) · last close of Nov 3, 2026; US market pre market, not a live price. Prev close 42.22 · day 41.33–42.72 · 52w 36.35–59.19 · market cap $1.29B · NYQ

## Key facts
- Analysts: Sell (mean 4.00 on a 1–5 scale) (3 analysts), mean target USD 42 (range 36–52).
- Total return with dividends: 1Y +2.4% vs S&P 500 +12.9%; 5Y +7.5% vs S&P 500 +72.1%.
- Next earnings: 2027-01-07 (date not yet confirmed by the company), EPS estimate USD 0.55, revenue estimate $663M.
- Dividend: USD 1.36 a year (yield 3.27%), paid quarterly; latest ex-dividend date 2026-07-16; annual dividends grew 5.3% a year 2022–2025.
- Short interest: 13.01% of float (as of 2026-10-15), 7.3 days to cover.

## Financials (SEC 10-K)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue | $2.98B | $3.94B | $3.54B | $3.24B | $2.46B |
| Gross profit | $306M | $441M | $559M | $608M | $334M |
| Operating income | $118M | $176M | $325M | $360M | $144M |
| Net income | $46.9M | $62.5M | $160M | $204M | $79.0M |
| EPS (diluted) | $1.40 | $1.89 | $4.96 | $6.35 | $2.49 |
| Free cash flow | -$531M | -$291M | -$68.7M | -$14.7M | -$240M |
| Gross margin | 10.3% | 11.2% | 15.8% | 18.7% | 13.6% |
| Operating margin | 4.0% | 4.5% | 9.2% | 11.1% | 5.8% |
| Net margin | 1.6% | 1.6% | 4.5% | 6.3% | 3.2% |
| Revenue growth | +70.4% | +32.5% | -10.1% | -8.6% | -24.0% |
| Cash + short-term investments | $543M | $282M | $352M | $306M | $235M |
| Total debt | — | — | $1.76B | $1.75B | $1.84B |
Fiscal years end Aug. EPS is split-adjusted.

## Analysts
Consensus Sell (mean 4.00 on a 1–5 scale), 3 analysts; mean target USD 42 (low 36, high 52).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-27 | B of A Securities | Target lowered | Underperform | $42 → $38 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-11-04) | 5Y (from 2021-11-01) |
|---|---|---|
| Total return | +2.4% | +7.5% |
| S&P 500 (SPY) | +12.9% | +72.1% |
| Per year | +2.4% | +1.5% |
| Volatility (annualized) | 32.1% | 42.3% |
| Max drawdown | -35.4% (Feb 2026→Oct 2026) | -53.9% (Mar 2022→Sep 2022) |

## Dividends
Annual dividend rate USD 1.36 per share, yield 3.27% at the current price. Paid over the last 12 months: USD 1.32 in 4 payments (quarterly).
Most recent ex-dividend date: Jul 16, 2026; payment date: Dec 2, 2026. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: raised 6.3% to USD 0.34 per payment from USD 0.32, starting with the Apr 20, 2026 ex-dividend date.
Payout ratio 53% of earnings · 5-year average yield 2.65% · annual dividends grew 5.3% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2026-07-16 | USD 0.34 |
| 2026-04-20 | USD 0.34 |
| 2026-01-27 | USD 0.32 |
| 2025-11-12 | USD 0.32 |
| 2025-07-17 | USD 0.32 |
| 2025-04-22 | USD 0.32 |
| 2025-01-29 | USD 0.30 |
| 2024-11-06 | USD 0.30 |
Total by calendar year: 2022 USD 1.08 · 2023 USD 1.14 · 2024 USD 1.20 · 2025 USD 1.26.

## Short interest
2,876,087 shares sold short, 13.01% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 2,912,513 shares (-1.3%). Days to cover: 7.3 (short shares ÷ average daily volume).

## Peers (Railroads)
TRN (Trinity Industries, Inc.) USD 29.87 -2.07% · WAB (Westinghouse Air Brake Technolo) USD 291.78 +1.74% · FSTR (L.B. Foster Company) USD 36.46 -0.60% · CNI (Canadian National Railway Compa) USD 126.3 -0.39% · NSC (Norfolk Southern Corporation) USD 340.95 -1.37% · CP (Canadian Pacific Kansas City Li) USD 91.23 -0.28%

## More
Full page: https://nexqual.com/GBX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-11-30) | $0.55 | $0.90 | -39.1% | $663.0M | 2 |
| Next quarter (ends 2027-02-28) | $0.47 | $0.81 | -42.0% | $638.3M | 2 |
| Current fiscal year (ends 2027-08-31) | $3.33 | $3.90 | -14.5% | $2.90B | 3 |
| Next fiscal year (ends 2028-08-31) | $4.47 | $5.05 | -11.4% | $3.19B | 2 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Aug 31, 2026 | $0.39 | $0.80 | Miss −51.2% | — |
| — | Quarter ended May 31, 2026 | $0.60 | $0.60 | In line | — |
| — | Quarter ended Feb 28, 2026 | $0.47 | $0.82 | Miss −42.7% | — |
| — | Quarter ended Nov 30, 2025 | $1.14 | $0.79 | Beat +44.3% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-26 | 10-K | Annual report · period ended Aug 31, 2026 | https://www.sec.gov/Archives/edgar/data/923120/000119312526431954/0001193125-26-431954-index.htm |
| 2026-10-26 | 8-K | Quarterly results | https://www.sec.gov/Archives/edgar/data/923120/000119312526431928/0001193125-26-431928-index.htm |
| 2026-10-26 | 8-K | Entered a material agreement; Director or executive officer change, or pay arrangement; Regulation FD disclosure — “On October 24, 2026, The Greenbrier Companies, Inc. (the "Company") entered into a Cooperation Agreement (the "Cooperation Agreement") with Atlas FRM LLC (d/b/a Atlas Holdings LLC) ("Atlas") regarding the membership and composition of the Company's board of directors (the "Board") and related matters. Pursuant to the Cooperation Agreement, the Company has agreed to, among other things, (i) appoint Emanuel R. Pearlman (the "New Director") as a director of the Company, in the class of directors whose term expires at…” | https://www.sec.gov/Archives/edgar/data/923120/000119312526431927/0001193125-26-431927-index.htm |
| 2026-09-22 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/923120/000119312526397231/0001193125-26-397231-index.htm |
| 2026-08-31 | 8-K | Director or executive officer change, or pay arrangement — “On August 26, 2026, Lorie L. Tekorius, the Chief Executive Officer and President of The Greenbrier Companies, Inc. (the "Company"), informed the Board of Directors (the "Board") of the Company that she has chosen to retire from her role as Chief Executive Officer and President, effective January 6, 2027. Following the effective date of her departure, Ms. Tekorius is expected to provide transition services to the Company to support an orderly leadership transition. The terms of any such arrangement will be…” | https://www.sec.gov/Archives/edgar/data/923120/000119312526376734/0001193125-26-376734-index.htm |
| 2026-08-14 | Schedule 13G | American Century ETF Trust, American Century Investment Management, Inc.: 5.7% of shares, passive 5%+ holder | https://www.sec.gov/Archives/edgar/data/923120/000005238826000272/0000052388-26-000272-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.