Greenbrier Companies reported fourth quarter 2026 revenue of $591.0 million and Core EPS of $0.39, both falling short of analyst expectations. Despite the miss, the company recorded its first sequential increase in backlog since fiscal 2024 and achieved significant growth in its high-margin leasing segment.
Key Highlights
- New railcar orders reached 3,400 units valued at $600 million, resulting in a total backlog of 14,000 units with an estimated value of $2.1 billion as of August 31, 2026.
- Core EBITDA was $72 million for the quarter, representing a 12% margin, though results were weighed down by $4 million in facility rationalization costs and operational inefficiencies.
- The owned lease fleet expanded 23% during fiscal 2026 to 20,900 units while maintaining a utilization rate of 98.0%.
- Fiscal 2027 guidance anticipates revenue between $2.8 billion and $3.2 billion and EPS in the range of $2.75 to $3.75.