The Greenbrier Companies, Inc. (GBX) Margin Analysis

The Greenbrier Companies, Inc.

GBX (NYSE)

(%)

Models
The Greenbrier Companies, Inc. Margin Analysis

# --- Years and Quarters
assumptions.set({
    "timeseries": "annual",
    "data": {
        "#years": """
            4
        """,
        "#quarters": """
            8
        """,
    },
    "titles": {
        "#years": "Years",
        "#quarters": "Quarters",
    },
    "properties": {
        "width": "responsive",
        "title": "Years and Quarters",
        "id": "component-1",
        "bindTo": None
    },
    "descriptions": {
        "#years": r"""
The number of historical years used to render the annual chart and tables.
        """,
        "#quarters": r"""
The number of historical quarters used to render the quarterly chart and tables.
        """,
    }
})

# Render description block
model.render_description({
    "data": r"""
## Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.
""",
    "properties": {
        "width": "responsive"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Annual Section

The annual section uses annual data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

# --- Income Statement Margins
data.compute({
    "user:%revenueGrowthRate": """
        ( income:revenue / income:revenue:-1 ) - 1
    """,
    "user:%grossMargin": """
        income:grossProfit / income:revenue
    """,
    "user:%operatingMargin": """
        income:operatingIncome / income:revenue
    """,
    "user:%netMargin": """
        income:netIncome / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

# --- Cash Flow Statement Margins
data.compute({
    "user:%cashFromOperatingActivitiesMargin": """
        flow:netCashProvidedByOperatingActivities / income:revenue
    """,
    "user:%freeCashFlowMargin": """
        flow:freeCashFlow / income:revenue
    """,
    "user:%depreciationAndAmortizationMargin": """
        flow:depreciationAndAmortization / income:revenue
    """,
    "user:%capitalExpenditureMargin": """
        flow:capitalExpenditure / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "annual",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Annual Chart",
        "include_ltm": False,
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "quarterly",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Quarterly Chart",
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

Years and Quarters

Years Years The number of historical years used to render the annual chart and tables.	#
Quarters Quarters The number of historical quarters used to render the quarterly chart and tables.	#

Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.

Annual Section

The annual section uses annual data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	LTM Mar 12	2025 Aug 31	2024 Aug 31	2023 Aug 31	2022 Aug 31
Revenue	3,065	3,233	3,540	3,942	2,978
Revenue Growth Rate	-5.21%	-8.66%	-10.21%	32.36%	70.31%
Cost of Revenue	2,533	2,633	2,987	3,500	2,673
Gross Profit	531.3	600.4	553.1	442.1	305.6
Gross Margin	17.34%	18.57%	15.63%	11.21%	10.26%
Operating Income	287.8	337.1	306	206.8	80.4
Operating Margin	9.39%	10.43%	8.64%	5.25%	2.7%
Net Income	185.2	204.1	160.1	62.5	46.9
Net Margin	6.04%	6.31%	4.52%	1.58%	1.57%

Cash Flow Statement Margins

Monetary values in USD amounts except #	LTM Mar 12	2025 Aug 31	2024 Aug 31	2023 Aug 31	2022 Aug 31
Revenue	3,065	3,233	3,540	3,942	2,978
Cash from Operating Activities	402.2	265.7	332.5	78	-146.9
Cash from Operating Activities Margin	13.12%	8.22%	9.39%	1.98%	-4.93%
Free Cash Flow	123.4	-14.7	-65.8	-284.1	-527.6
Free Cash Flow Margin	4.03%	-0.455%	-1.86%	-7.21%	-17.71%
Depreciation and Amortization	124.8	121.5	115.6	106.3	102
Depreciation and Amortization Margin	4.07%	3.76%	3.27%	2.7%	3.43%
Capital Expenditure	-278.8	-280.4	-398.3	-362.1	-380.7
Capital Expenditure Margin	-9.1%	-8.67%	-11.25%	-9.19%	-12.78%

Annual Chart

Monetary values in USD

{"sectionId": "section-chart-1", "sectionType": "chart", "title": "Annual Chart", "timeseries": "annual", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2022", "x": "2022-08-31", "y": 10.26}, {"l": "2023", "x": "2023-08-31", "y": 11.21}, {"l": "2024", "x": "2024-08-31", "y": 15.63}, {"l": "2025", "x": "2025-08-31", "y": 18.57}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2022", "x": "2022-08-31", "y": 2.7}, {"l": "2023", "x": "2023-08-31", "y": 5.25}, {"l": "2024", "x": "2024-08-31", "y": 8.64}, {"l": "2025", "x": "2025-08-31", "y": 10.43}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2022", "x": "2022-08-31", "y": 1.57}, {"l": "2023", "x": "2023-08-31", "y": 1.59}, {"l": "2024", "x": "2024-08-31", "y": 4.52}, {"l": "2025", "x": "2025-08-31", "y": 6.31}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2022", "x": "2022-08-31", "y": -17.71}, {"l": "2023", "x": "2023-08-31", "y": -7.21}, {"l": "2024", "x": "2024-08-31", "y": -1.86}, {"l": "2025", "x": "2025-08-31", "y": -0.455}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}

Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	2026 (Q1) Nov 30	2025 (Q4) Aug 31	2025 (Q3) May 31	2025 (Q2) Feb 28	2025 (Q1) Nov 30	2024 (Q4) Aug 31
Revenue	706.1	755.8	840.4	762.4	874.6	1,052
Revenue Growth Rate	-6.58%	-10.07%	10.23%	-12.83%	-16.84%
Cost of Revenue	602.8	615.9	691.2	623.5	702.2	861.5
Gross Profit	103.3	139.9	149.2	138.9	172.4	190.2
Gross Margin	14.63%	18.51%	17.75%	18.22%	19.71%	18.09%
Operating Income	61.1	69.1	83.3	74.3	110.4	122.3
Operating Margin	8.65%	9.14%	9.91%	9.75%	12.62%	11.63%
Net Income	36.4	36.8	60.1	51.9	55.3	61.6
Net Margin	5.16%	4.87%	7.15%	6.81%	6.32%	5.86%

Cash Flow Statement Margins

Monetary values in USD amounts except #	2026 (Q1) Nov 30	2025 (Q4) Aug 31	2025 (Q3) May 31	2025 (Q2) Feb 28	2025 (Q1) Nov 30	2024 (Q4) Aug 31
Revenue	706.1	755.8	840.4	762.4	874.6	1,052
Cash from Operating Activities	76.2	91.8	139.6	94.6	-60.3	191.6
Cash from Operating Activities Margin	10.79%	12.15%	16.61%	12.41%	-6.89%	18.22%
Free Cash Flow	18.7	20.5	56.9	27.3	-119.4	118
Free Cash Flow Margin	2.65%	2.71%	6.77%	3.58%	-13.65%	11.22%
Depreciation and Amortization	32.5	32.2	29.7	30.4	29.2	33.3
Depreciation and Amortization Margin	4.6%	4.26%	3.53%	3.99%	3.34%	3.17%
Capital Expenditure	-57.5	-71.3	-82.7	-67.3	-59.1	-73.6
Capital Expenditure Margin	-8.14%	-9.43%	-9.84%	-8.83%	-6.76%	-7%

Quarterly Chart

Monetary values in USD

{"sectionId": "section-chart-2", "sectionType": "chart", "title": "Quarterly Chart", "timeseries": "quarterly", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2024 (Q4)", "x": "2024-08-31", "y": 18.09}, {"l": "2025 (Q1)", "x": "2024-11-30", "y": 19.71}, {"l": "2025 (Q2)", "x": "2025-02-28", "y": 18.22}, {"l": "2025 (Q3)", "x": "2025-05-31", "y": 17.75}, {"l": "2025 (Q4)", "x": "2025-08-31", "y": 18.51}, {"l": "2026 (Q1)", "x": "2025-11-30", "y": 14.63}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2024 (Q4)", "x": "2024-08-31", "y": 11.63}, {"l": "2025 (Q1)", "x": "2024-11-30", "y": 12.62}, {"l": "2025 (Q2)", "x": "2025-02-28", "y": 9.75}, {"l": "2025 (Q3)", "x": "2025-05-31", "y": 9.91}, {"l": "2025 (Q4)", "x": "2025-08-31", "y": 9.14}, {"l": "2026 (Q1)", "x": "2025-11-30", "y": 8.65}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2024 (Q4)", "x": "2024-08-31", "y": 5.86}, {"l": "2025 (Q1)", "x": "2024-11-30", "y": 6.32}, {"l": "2025 (Q2)", "x": "2025-02-28", "y": 6.81}, {"l": "2025 (Q3)", "x": "2025-05-31", "y": 7.15}, {"l": "2025 (Q4)", "x": "2025-08-31", "y": 4.87}, {"l": "2026 (Q1)", "x": "2025-11-30", "y": 5.16}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2024 (Q4)", "x": "2024-08-31", "y": 11.22}, {"l": "2025 (Q1)", "x": "2024-11-30", "y": -13.65}, {"l": "2025 (Q2)", "x": "2025-02-28", "y": 3.58}, {"l": "2025 (Q3)", "x": "2025-05-31", "y": 6.77}, {"l": "2025 (Q4)", "x": "2025-08-31", "y": 2.71}, {"l": "2026 (Q1)", "x": "2025-11-30", "y": 2.65}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}