Company Description
The Greenbrier Companies, Inc. (NYSE: GBX) is described in its public disclosures as a leading international supplier of equipment and services to global freight transportation markets. Headquartered in Lake Oswego, Oregon, the company focuses on railroad freight car equipment and related services. According to company statements, Greenbrier operates through wholly owned subsidiaries and joint ventures to design, build and market freight railcars in North America, Europe and Brazil.
Greenbrier’s business centers on freight railcar manufacturing and services. The company designs and manufactures freight railcars that serve freight transportation markets, and it markets these railcars across multiple regions. In addition to manufacturing, Greenbrier states that it is a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America. These activities support the ongoing operation, upkeep and modernization of rail equipment used by railroads and other railcar owners.
Beyond manufacturing and maintenance, Greenbrier also participates in the railcar leasing and fleet management business. The company reports that it owns a lease fleet of approximately 17,000 railcars, primarily originating from its own manufacturing operations. Greenbrier offers railcar management, regulatory compliance services and leasing services to railroads and other railcar owners in North America. These services are intended to help customers manage fleets, meet regulatory requirements and access rail equipment through leasing arrangements.
In prior descriptions, Greenbrier has indicated that it operates in segments that reflect its manufacturing and leasing activities. The Polygon description notes two segments: Manufacturing and Leasing & Fleet Management, with most revenue attributed to Manufacturing. While specific financial figures are not included here, this segmentation highlights the dual focus on building rail equipment and managing or leasing that equipment over its service life.
Greenbrier’s disclosures emphasize its role in global freight rail markets and its presence in North America, Europe and Brazil through subsidiaries and joint ventures. The company’s activities span railcar design and production, wheel and parts services, maintenance and retrofitting, and fleet leasing and management. Its common stock is registered under the symbol GBX on the New York Stock Exchange, and the company is incorporated in Oregon, as reflected in multiple SEC filings.
Business model and operations
Based on available information, Greenbrier’s business model combines railcar manufacturing with aftermarket services and leasing. Manufacturing involves designing and building freight railcars for customers in international freight transportation markets. Aftermarket activities include providing wheel services, parts, maintenance and retrofitting services in North America, which support the long-term operation of rail equipment. The leasing and fleet management activities involve owning a railcar lease fleet and offering management, regulatory compliance and leasing services to railroads and other railcar owners.
The company’s lease fleet, described as originating primarily from its manufacturing operations, suggests that some of the railcars it produces are retained for leasing rather than sold outright. Railcar management and regulatory compliance services are directed at railroads and other railcar owners in North America, according to repeated company descriptions in press releases and SEC filings.
Corporate governance and shareholder matters
Greenbrier’s SEC filings provide additional context on its corporate governance and shareholder matters. The company’s common stock trades on the New York Stock Exchange under the symbol GBX, and it is incorporated in Oregon with a Commission File Number of 001-13146. The Definitive Proxy Statement (DEF 14A) for the 2026 Annual Meeting of Shareholders outlines proposals including the election of directors, an advisory vote on executive compensation, approval of the 2021 Stock Incentive Plan, As Amended, approval of Amended and Restated Articles of Incorporation to increase the number of authorized shares of common stock, and ratification of the appointment of independent auditors.
An 8-K filing dated January 7, 2026, reports that shareholders approved the 2021 Stock Incentive Plan, As Amended, which allows the plan administrator to grant options, stock appreciation rights, stock awards, restricted stock, restricted stock units, stock units, performance units, performance-vesting awards denominated in cash or property other than shares, cash-based awards and other incentives payable in cash or in shares. This filing also details shareholder voting results on director elections, advisory approval of executive compensation, approval of the amended stock incentive plan, approval of amended and restated articles of incorporation to increase authorized shares, and ratification of KPMG LLP as independent auditors for the year ending August 31, 2026.
Dividends and earnings communications
Greenbrier uses periodic press releases and Form 8-K filings to communicate financial results and dividend declarations. For example, an 8-K filed on October 28, 2025, references an earnings release reporting financial results for the fourth fiscal quarter and year ended August 31, 2025. Another 8-K filed on July 1, 2025, references an earnings release for the third fiscal quarter ended May 31, 2025. These earnings releases are furnished as exhibits to the respective 8-Ks.
The company also discloses cash dividend declarations through 8-K filings. An 8-K dated October 23, 2025, reports a press release announcing a cash dividend of $0.32 per share, payable to holders of record as of a specified date. A separate 8-K dated June 30, 2025, reports another press release announcing a cash dividend of $0.32 per share, also with specified payment and record dates. These filings indicate that Greenbrier has used recurring dividends as part of its shareholder return practices, though specific amounts and dates are time-bound and subject to change.
Board composition and oversight
The Definitive Proxy Statement describes Greenbrier’s Board of Directors and governance practices. It discusses board composition, independence, leadership, annual evaluations, board refreshment, board education, risk oversight, cybersecurity risk oversight, and related governance policies. The proxy materials highlight the addition of directors with rail industry and financial expertise, and they describe the Board’s committees, meetings and charters. The company also notes policies such as a majority voting policy and procedures for communication with the Board.
An 8-K dated June 19, 2025, reports that the Board increased its size from eight to ten members and appointed two new directors, Stevan Bobb and Jeffrey Songer, to newly created board seats. The filing states that these directors would participate in the company’s compensation program for non-employee directors as described in a prior proxy statement, and that there were no arrangements or related person transactions requiring disclosure under SEC rules in connection with their appointments.
Capital markets and investor relations
Greenbrier’s common stock is registered under Section 12(b) of the Securities Exchange Act of 1934 and trades on the New York Stock Exchange under the symbol GBX, as confirmed in multiple 8-K filings. The company communicates with investors through earnings releases, webcasts of conference calls discussing financial results, and participation in investor conferences. Press releases describe webcasts for quarterly financial results and presentations at events such as the Goldman Sachs Industrials and Materials Conference and the Stephens Annual Investment Conference.
A press release dated January 13, 2026, announces the appointment of a new Head of Investor Relations, with responsibilities including managing interactions with institutional investors, equity research analysts and other stakeholders. This underscores the company’s focus on structured communication with the investment community.
FAQs about The Greenbrier Companies, Inc. (GBX)
- What does The Greenbrier Companies, Inc. do?
According to its public descriptions, Greenbrier is a leading international supplier of equipment and services to global freight transportation markets. It designs, builds and markets freight railcars in North America, Europe and Brazil, provides freight railcar wheel services, parts, maintenance and retrofitting services in North America, and offers railcar management, regulatory compliance and leasing services. - Where is Greenbrier headquartered?
Company press releases and SEC filings state that Greenbrier is headquartered in Lake Oswego, Oregon. - On which exchange does GBX trade?
Multiple Form 8-K filings list Greenbrier’s common stock without par value as trading under the symbol GBX on the New York Stock Exchange. - What types of rail-related services does Greenbrier provide?
Greenbrier describes itself as a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America. It also offers railcar management, regulatory compliance services and leasing services to railroads and other railcar owners in North America. - Does Greenbrier have a railcar lease fleet?
Yes. Company descriptions in press releases note that Greenbrier owns a lease fleet of approximately 17,000 railcars, which originate primarily from its manufacturing operations. - In which regions does Greenbrier design and market freight railcars?
Greenbrier states that it designs, builds and markets freight railcars in North America, Europe and Brazil through its wholly owned subsidiaries and joint ventures. - How is Greenbrier’s business organized?
The Polygon description notes that Greenbrier operates in two segments: Manufacturing and Leasing & Fleet Management, with the majority of revenue from Manufacturing. This aligns with the company’s focus on building railcars and managing or leasing rail equipment. - How does Greenbrier communicate financial results?
Greenbrier issues earnings releases that are furnished to the SEC on Form 8-K, covering quarterly and annual financial results. The company also hosts audio webcasts and conference calls to discuss these results, as described in press releases and 8-K filings. - Does Greenbrier pay dividends?
Form 8-K filings dated June 30, 2025, and October 23, 2025, report press releases announcing cash dividends of $0.32 per share, with specified record and payment dates. These filings indicate that the company has paid recurring cash dividends, though future dividends depend on subsequent decisions. - What corporate matters have Greenbrier shareholders voted on recently?
An 8-K filed on January 7, 2026, reports shareholder votes on the election of directors, an advisory resolution on executive compensation, approval of the 2021 Stock Incentive Plan, As Amended, approval of Amended and Restated Articles of Incorporation to increase the number of authorized shares of common stock, and ratification of KPMG LLP as independent auditors.
Stock Performance
Greenbrier Cos (GBX) stock last traded at $52.74. Over the past 12 months, the stock has gained 1.4%, ranking #1,000 in 52-week price change. At a market capitalization of $1.6B, GBX is classified as a small-cap stock with approximately 30.9M shares outstanding.
Latest News
Greenbrier Cos has 10 recent news articles, with the latest published 2 days ago. Of the recent coverage, 5 articles coincided with positive price movement and 4 with negative movement. Key topics include dividends, conferences, earnings. View all GBX news →
SEC Filings
Greenbrier Cos has filed 5 recent SEC filings, including 2 Form 8-K, 1 Form 4, 1 Form SCHEDULE 13G/A, 1 Form SCHEDULE 13G. The most recent filing was submitted on April 1, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all GBX SEC filings →
Insider Radar
Insider selling at Greenbrier Cos over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Greenbrier Cos generated $3.2B in revenue over the trailing twelve months, retaining a 18.8% gross margin, operating income reached $360.1M (11.1% operating margin), and net income was $204.1M, reflecting a 6.3% net profit margin. Diluted earnings per share stood at $6.35. The company generated $265.7M in operating cash flow.
Upcoming Events
Q2 fiscal 2026 results
Earnings conference call
Dividend record date
Dividend payment
Greenbrier Cos has 5 upcoming scheduled events. The next event, "Q2 fiscal 2026 results", is scheduled for April 7, 2026 (in 4 days). 3 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the GBX stock price.
Short Interest History
Short interest in Greenbrier Cos (GBX) currently stands at 2.5 million shares, up 2.5% from the previous reporting period, representing 8.7% of the float. Over the past 12 months, short interest has increased by 23.3%. The 8.9 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Greenbrier Cos (GBX) currently stands at 8.9 days, up 37.1% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has increased 347% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 2.0 to 9.6 days.
GBX Company Profile & Sector Positioning
Greenbrier Cos (GBX) operates in the Railroads industry within the broader Railroad Equipment sector and is listed on the NYSE. Among dividend-paying stocks, GBX ranks #943 by dividend yield. In monthly performance, the stock ranks #977 among all tracked companies.
Investors comparing GBX often look at related companies in the same sector, including Trinity Industri (TRN), Freightcar Amer Inc (RAIL), L B Foster (FSTR), Wabtec Corp. (WAB), and Custom Truck One Source Inc (CTOS). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate GBX's relative position within its industry.