Greenbrier Companies(NYSE) GBX

Greenbrier builds and fixes railcars that move goods worldwide. It helps businesses transport products like grain by train. The company also rents out and manages large railcar fleets.

What Greenbrier Builds and Rents

• Manufacturing: Design and construction of railcars including tank cars and hoppers; generated $529.1 million in revenue for the three months ended May 31, 2026.
• Leasing & Fleet Management: Rental of 20,600 owned railcars and management of 444,000 total units; generated $47.4 million in revenue for the three months ended May 31, 2026.

Moving Forward Strategically

• Amended senior leasing debt in May 2026 to add a $125 million facility and extend maturity to 2032.
• Renewed a share repurchase program in January 2025 to buy back up to $100 million of common stock.
• Changed segment reporting on September 1, 2025, to better align internal management with integrated operations.
• Operated the Axis joint venture to produce railcar components and maintain a presence in the Brazilian market.

The Greenbrier Global Footprint

Greenbrier operates manufacturing and repair facilities across North America and Europe. The company manages 444,000 railcars and maintains a manufacturing presence in Brazil.

By the Numbers

• Revenue was $576.5 million for the three months ended May 31, 2026, down 31.6% year-over-year due to lower deliveries.
• Net earnings were $18.9 million for the three months ended May 31, 2026, down 68.6% year-over-year.
• Railcar backlog was 13,800 units valued at $2 billion as of May 31, 2026.
• Market capitalization stood at $1.4 billion as of the most recent reporting period.

Bottom Line

Greenbrier has evolved by combining its manufacturing roots with recurring revenue from leasing and fleet services. This integrated approach helps the company navigate changing demand in the global railroad industry.