Greenbrier Companies Inc. (GBX) intrinsic value & 10-year financials
Greenbrier Companies Inc. (GBX) has a Graham intrinsic value of $59.17 per share. At $39.11 on Oct 17, 2026, the stock trades 34% below that value. Over the last 10 fiscal years revenue grew 82.1% a year to $3.2B, with an average return on invested capital of 11.7%.
- Graham intrinsic value
- $59.17
- Share price (Oct 17, 2026)
- $39.11
- Price vs Graham value
- 34% below
- Market cap
- $1.3B
- Revenue (FY2025)
- $3.2B
- Revenue growth (10-yr CAGR)
- 82.1%
- ROIC (10-yr avg)
- 11.7%
- Free cash flow (FY2025)
- -$14.7M
GBX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $3.2B | $204.1M | $6.35 | -$14.7M | 11.1% | 8.6% |
| FY2024 | $3.5B | $160.1M | $4.96 | -$68.7M | 9.2% | 8.4% |
| FY2023 | $3.9B | $62.5M | $1.89 | -$290.9M | 4.5% | 10.0% |
| FY2022 | $3.0B | $46.9M | $1.40 | -$531.1M | 4.0% | 6.6% |
| FY2021 | $1.7B | $32.5M | $0.96 | -$179.5M | 2.3% | 1.6% |
| FY2020 | $2.8B | $49.0M | $1.46 | $205.4M | 6.0% | 7.2% |
| FY2019 | $3.0B | $71.1M | $2.14 | -$219.5M | 6.1% | 9.2% |
| FY2018 | $2.5B | $151.8M | $4.68 | -$73.5M | 10.0% | 18.3% |
| FY2017 | $13.0M | $116.1M | $3.65 | $199.5M | 2003.3% | 17.7% |
| FY2016 | $14.7M | $183.2M | $5.73 | $198.2M | 2779.3% | 29.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
GREENBRIER COMPANIES INC is a consistent compounder, expanding top-line revenue at 82.1% annually over the past decade.
GREENBRIER COMPANIES INC returns on capital have been average, hovering around 11.7% ROIC over the decade.
GREENBRIER COMPANIES INC has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, GREENBRIER COMPANIES INC is modeled at 1.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $59.17 per share.