Recent Updates — GBX
The Greenbrier Companies reported fourth-quarter net earnings attributable to shareholders of $9 million, or $0.27 per diluted share, compared to core earnings of $12 million, or $0.39 per diluted share. Full-year fiscal 2026 net income was $79 million, or $2.49 per diluted share, while core net earnings reached $83 million, or $2.60 per diluted share. The company recorded Q4 revenue of $591 million and delivered 3,600 railcars, bringing the backlog to 14,000 units valued at approximately $2.1 billion. Additionally, the Board approved a quarterly dividend of $0.34 per share, payable on December 2, 2026, marking the company's 50th consecutive quarterly payment. The Greenbrier Companies is a leading international supplier of equipment and services to global freight transportation markets.
The Greenbrier Companies has appointed Emanuel R. Pearlman as a Class III director, effective October 27, 2026, pursuant to a Cooperation Agreement with Atlas FRM LLC (d/b/a Atlas Holdings LLC). The appointment increases the Board size from ten to eleven members and includes Pearlman in the slate of nominees for election at the 2027 Annual Meeting. Atlas entered into a confidentiality agreement with customary standstill commitments. Greenbrier designs, builds, and markets freight railcars and provides related services globally.
The Greenbrier Companies announced orders for 3,400 new railcars valued at approximately $600 million during its fiscal fourth quarter ended August 31, 2026. A significant portion of this volume consists of 780 units ordered by the Saudi Arabian government-owned Saudi Railway Company (SAR), marking Greenbrier's first sale of intermodal units to SAR and expanding an existing relationship that began in 2015. The SAR order includes tank cars for transporting phosphoric acid and molten sulfur, as well as specialized low-profile double-stack intermodal railcars designed to maximize freight efficiency. These orders reflect global customer demand and provide a foundation for fiscal 2027 operations. Greenbrier is a leading international supplier of equipment and services to global freight transportation markets, designing, building, and marketing freight railcars.
The Greenbrier Companies announced that CEO and President Lorie Tekorius will retire effective January 6, 2027, following the company's Annual Meeting of Shareholders. The Board appointed Brian J. Comstock as her successor in the same roles, also effective January 6, 2027. Comstock currently serves as Executive Vice President and President, The Americas, having joined Greenbrier in 1998. Tekorius will not stand for re-election to the Board at the 2027 Annual Meeting but is expected to provide transition services after her departure. This leadership change follows a long-term succession planning process by the Board. The Greenbrier Companies operates as a leading international supplier of equipment and services to global freight transportation markets, designing and building freight railcars.
On July 1, 2026, The Greenbrier Companies, Inc. issued an earnings release reporting its financial results for the third fiscal quarter ended May 31, 2026. The company operates in the transportation equipment industry, designing and manufacturing freight railcars.