Earnings Releases·Oct 26, 2026, 4:10 PM ET

The Greenbrier Companies, Inc. — Fourth Quarter and Fiscal 2026 Earnings Summary

Fiscal 2026 total revenue declined to $2,461.1 million from $3,240.2 million in Fiscal 2025, while Q4 FY26 revenue rose 2.5% sequentially to $591.0 million; Q4 FY26 net earnings were $9 million ($0.27/share), including $4 million in facility rationalization costs, compared to $79 million ($2.49/share) for the full fiscal year.
Fiscal 2027 guidance projects total revenue of $2.8 billion to $3.2 billion, operating margins of 7.0% to 7.5%, and EPS of $2.75 to $3.75, supported by a backlog increase to 14,000 units ($2.1 billion) and management's observation of shippers pivoting toward rail amid elevated diesel prices.
The company returned $56 million to shareholders in Fiscal 2026 via dividends and share repurchases, with the Board approving a $0.34 per share quarterly dividend (the 50th consecutive) payable December 2, 2026.
Leasing & Fleet Management revenue grew to $194.6 million for Fiscal 2026 with owned fleet utilization at 98%, while Manufacturing segment revenue reached $2,266.5 million despite a gross margin compression to 9.2% in Q4 due to syndication timing and operational inefficiencies.