v3.26.3
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Aug. 31, 2024
Revenue      
Revenue $ 2,461.1 $ 3,240.2 $ 3,544.7
Cost of revenue      
Cost of revenue 2,127.4 2,632.7 2,986.2
Margin 333.7 607.5 558.5
Selling and administrative 228.5 263.3 247.1
Net loss (gain) on disposition of equipment (38.4) (15.9) (13.1)
Earnings from operations 143.6 360.1 324.5
Interest and foreign exchange 65.0 75.7 100.8
Earnings before income tax and earnings from unconsolidated affiliates 78.6 284.4 223.7
Income tax expense (17.4) (91.4) (62.0)
Earnings before earnings from unconsolidated affiliates 61.2 193.0 161.7
Earnings from unconsolidated affiliates 20.4 20.1 11.0
Net earnings 81.6 213.1 172.7
Net earnings attributable to noncontrolling interest (2.6) (9.0) (12.6)
Net earnings attributable to Greenbrier $ 79.0 $ 204.1 $ 160.1
Basic earnings per common share $ 2.55 $ 6.55 $ 5.15
Diluted earnings per common share [1] $ 2.49 $ 6.35 $ 4.96
Weighted average common shares      
Basic 30,937 31,171 31,102
Diluted 31,772 32,139 32,363
Manufacturing      
Revenue      
Revenue $ 2,266.5 $ 3,046.9 $ 3,371.2
Cost of revenue      
Cost of revenue 2,051.0 2,562.4 2,921.6
Margin 215.5 484.5 449.6
Selling and administrative 91.0 106.3 90.3
Net loss (gain) on disposition of equipment 3.7 0.8 0.4
Leasing & Fleet Management      
Revenue      
Revenue 194.6 193.3 173.5
Cost of revenue      
Cost of revenue 76.4 70.3 64.6
Margin 118.2 123.0 108.9
Selling and administrative 21.2 26.0 30.7
Net loss (gain) on disposition of equipment $ (42.1) $ (16.7) $ (13.5)
[1] Diluted EPS for the year ended August 31, 2024 was calculated as follows:

Earnings before interest and debt issuance costs on the 2.875% convertible notes due 2024

Weighted average diluted common shares outstanding