Latest Ratios: P/E Ratio 7.2x · EV/EBITDA 6.4x · ROE 12.3%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.4B | $1.5B | $1.6B | $1.4B | $959M | $1.5B | $909M | $772M | $1.9B | $1.4B | $1.1B |
| Enterprise Value | $2.9B | $3.0B | $3.4B | $2.8B | $2.0B | $2.1B | $1.4B | $1.3B | $1.8B | $1.3B | $1.2B |
| P/E Ratio → | 7.21 | 7.34 | 9.77 | 22.64 | 20.36 | 45.94 | 18.62 | 10.88 | 12.39 | 11.75 | 5.91 |
| P/S Ratio | 0.44 | 0.46 | 0.44 | 0.36 | 0.32 | 0.85 | 0.33 | 0.25 | 0.76 | 0.64 | 0.41 |
| P/B Ratio | 0.85 | 0.86 | 0.99 | 0.98 | 0.66 | 0.99 | 0.60 | 0.52 | 1.35 | 1.15 | 1.08 |
| P/FCF | — | — | — | — | — | — | 4.17 | — | — | 7.17 | 5.60 |
| P/OCF | 5.33 | 5.64 | 4.72 | 18.44 | — | — | 3.19 | — | 17.63 | 4.97 | 3.28 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.93 | 0.96 | 0.71 | 0.68 | 1.17 | 0.49 | 0.42 | 0.73 | 0.62 | 0.43 |
| EV / EBITDA | 6.38 | 6.56 | 8.04 | 9.00 | 11.08 | 14.55 | 5.25 | 5.47 | 6.51 | 4.16 | 2.52 |
| EV / EBIT | 8.68 | 7.59 | 10.13 | 13.69 | 18.10 | 66.83 | 8.26 | 6.96 | 7.16 | 5.07 | 2.81 |
| EV / FCF | — | — | — | — | — | — | 6.24 | — | — | 6.87 | 5.88 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.6% | 18.6% | 15.6% | 11.2% | 10.3% | 13.3% | 12.7% | 12.1% | 16.6% | 20.5% | 21.3% |
| Operating Margin | 10.4% | 10.4% | 8.6% | 5.2% | 2.7% | 2.3% | 5.4% | 5.0% | 8.2% | 11.8% | 14.7% |
| Net Profit Margin | 6.3% | 6.3% | 4.5% | 1.6% | 1.6% | 1.9% | 1.8% | 2.3% | 6.0% | 5.3% | 6.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.3% | 12.3% | 10.5% | 4.3% | 3.2% | 2.2% | 3.3% | 4.9% | 11.5% | 10.4% | 19.5% |
| ROA | 4.7% | 4.7% | 3.9% | 1.6% | 1.3% | 1.0% | 1.6% | 2.6% | 6.2% | 5.5% | 10.1% |
| ROIC | 7.6% | 7.6% | 7.4% | 5.8% | 2.6% | 1.5% | 5.7% | 6.9% | 12.4% | 17.3% | 27.8% |
| ROCE | 9.1% | 9.1% | 9.3% | 7.0% | 3.0% | 1.6% | 6.2% | 7.0% | 10.4% | 14.9% | 28.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.06 | 1.06 | 1.38 | 1.15 | 1.11 | 0.82 | 0.85 | 0.58 | 0.33 | 0.46 | 0.30 |
| Debt / EBITDA | 4.00 | 4.00 | 5.16 | 5.37 | 8.89 | 8.79 | 4.96 | 3.62 | 1.65 | 1.75 | 0.66 |
| Net Debt / Equity | — | 0.87 | 1.15 | 0.94 | 0.73 | 0.38 | 0.30 | 0.35 | -0.05 | -0.05 | 0.05 |
| Net Debt / EBITDA | 3.29 | 3.29 | 4.32 | 4.40 | 5.83 | 4.04 | 1.74 | 2.18 | -0.27 | -0.18 | 0.12 |
| Debt / FCF | — | — | — | — | — | — | 2.07 | — | — | -0.30 | 0.28 |
| Interest Coverage | 4.32 | 4.32 | 3.56 | 2.60 | 2.01 | 0.69 | 3.88 | 5.72 | 8.25 | 11.23 | 23.81 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.80 | 2.80 | 2.57 | 1.75 | 1.98 | 1.85 | 2.15 | 2.31 | 2.76 | 3.10 | 2.29 |
| Quick Ratio | 1.58 | 1.58 | 1.41 | 0.90 | 1.14 | 1.21 | 1.44 | 1.20 | 1.86 | 2.15 | 1.30 |
| Cash Ratio | 0.58 | 0.58 | 0.53 | 0.31 | 0.58 | 0.75 | 1.11 | 0.57 | 1.13 | 1.48 | 0.67 |
| Asset Turnover | — | 0.74 | 0.83 | 0.99 | 0.77 | 0.52 | 0.88 | 1.01 | 1.02 | 0.91 | 1.46 |
| Inventory Turnover | 3.83 | 3.83 | 3.87 | 4.25 | 3.28 | 2.64 | 4.60 | 4.01 | 4.85 | 4.33 | 5.76 |
| Days Sales Outstanding | — | 64.49 | 58.66 | 52.97 | 66.30 | 87.36 | 31.25 | 44.93 | 50.51 | 46.96 | 31.66 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.7% | 2.6% | 2.4% | 2.5% | 3.7% | 2.4% | 3.9% | 4.3% | 1.6% | 1.8% | 2.1% |
| Payout Ratio | 19.4% | 19.4% | 24.0% | 57.8% | 76.3% | 109.8% | 71.8% | 46.7% | 19.7% | 21.4% | 12.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 13.9% | 13.6% | 10.2% | 4.4% | 4.9% | 2.2% | 5.4% | 9.2% | 8.1% | 8.5% | 16.9% |
| FCF Yield | — | — | — | — | — | — | 24.0% | — | — | 14.0% | 17.8% |
| Buyback Yield | 1.6% | 1.5% | 0.1% | 4.0% | 0.4% | 1.3% | 0.2% | 0.8% | 0.4% | 0.4% | 3.0% |
| Total Shareholder Yield | 4.3% | 4.2% | 2.5% | 6.5% | 4.1% | 3.7% | 4.1% | 5.1% | 2.0% | 2.2% | 5.2% |
| Shares Outstanding | — | $32M | $32M | $34M | $34M | $34M | $33M | $33M | $33M | $33M | $32M |
Cyclical manufacturing demand volatility
According to current market data, GBX trades at a TTM P/E of 7.93, which appears to discount the company's cyclical manufacturing exposure relative to the broader industrial sector and peers like Trinity Industries, suggesting investors remain skeptical of the sustainability of earnings during the current downturn.
The significant spread between the TTM P/E of 7.93 and the forward P/E of 15.99 implies that the market anticipates a sharp contraction in near-term profitability. This valuation gap warrants caution, as it suggests that current earnings may be inflated by non-recurring items or favorable working capital swings that are unlikely to persist in a cooling demand environment.
As reported in recent financial statements, the gross margin compressed to 11.8% in 2026Q2 from a 19.7% peak in 2025Q1, indicating that the company's manufacturing segment is struggling to maintain pricing power amidst declining production volumes and persistent inflationary pressures on raw material inputs.
The decline in operating margins to 4.3% underscores the difficulty of managing a high fixed-cost base when revenue growth turns negative. Investors should monitor whether the leasing and services segment can provide a sufficient buffer to stabilize net margins, or if the manufacturing segment's volatility will continue to dominate the company's overall earning power.
Based on the provided quarterly data, ROIC has trended downward to 0.6% in 2026Q2 from a 2.8% peak in 2024Q4, signaling that the company is currently failing to generate returns on invested capital that exceed the typical cost of capital for industrial manufacturers in this cycle.
This decay in capital efficiency appears driven by both margin compression and a decline in asset turnover, which fell to 0.14 in the most recent quarter. The inability to maintain high returns on capital suggests that the current asset base is underutilized, necessitating a strategic review of capital allocation priorities until demand conditions improve.
Analysis of recent financial statements reveals that the cash conversion cycle expanded to 149 days in 2026Q2, up from 95 days in 2024Q4, reflecting a significant deterioration in working capital efficiency as inventory levels remain elevated relative to the company's current sales velocity.
The increase in days inventory outstanding to 113 days suggests that the company is accumulating finished goods or components that are not moving through the production cycle as quickly as in prior periods. This buildup warrants further investigation, as it may indicate a mismatch between production schedules and actual customer demand, potentially leading to future inventory write-downs.
The P/E ratio is frequently misapplied to GBX, as it fails to account for the lumpy nature of syndication gains and the capital-intensive depreciation schedules inherent in the leasing business, which often distort net income and render the P/E metric an unreliable indicator of core operational health.
Analysts should prioritize EV/EBITDA or cash-flow-based metrics to better capture the underlying earning power of the leasing and services platform. Relying on P/E ratios in a cyclical industrial context risks misinterpreting temporary earnings troughs as permanent value destruction, thereby obscuring the potential for recovery when the railcar replacement cycle eventually turns.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying GBX stock.
The Greenbrier Companies, Inc.'s current P/E ratio is 7.2x. The historical average is 23.1x. This places it at the 8th percentile of its historical range.
The Greenbrier Companies, Inc.'s current EV/EBITDA is 6.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.1x.
The Greenbrier Companies, Inc.'s return on equity (ROE) is 12.3%. The historical average is 7.6%.
Based on historical data, The Greenbrier Companies, Inc. is trading at a P/E of 7.2x. This is at the 8th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
The Greenbrier Companies, Inc.'s current dividend yield is 2.69% with a payout ratio of 19.4%.
The Greenbrier Companies, Inc. has 18.6% gross margin and 10.4% operating margin. Operating margin between 10-20% is typical for established companies.
The Greenbrier Companies, Inc.'s Debt/EBITDA ratio is 4.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.