Loading...
•
Nov 30, 2024
Greenbrier Q1 2025 Earnings Report
Greenbrier reported strong results in Q1 2025, with diluted EPS of $1.72 and an aggregate gross margin of 19.8%. The company affirmed its FY 2025 guidance and renewed its $100 million share repurchase authorization.
Key Takeaways
Greenbrier achieved impressive results in the first quarter of fiscal 2025, delivering exceptional bottom-line performance and ROIC within their long-term range. The ongoing expansion of the lease fleet and resulting recurring revenue is encouraging. The company is affirming its full-year guidance and expects demand to increase as 2025 progresses.
Net earnings of $55 million, or $1.72 per diluted share, on revenue of $876 million.
EBITDA of $145 million, or 16.6% of revenue, was generated.
Operating margin reached $112 million, or 12.8% of revenue.
Lease fleet grew by 1,200 units to 16,700 units with high lease fleet utilization of nearly 99%.
Greenbrier
Greenbrier
Greenbrier Revenue by Segment
Revenue by Segment
Manufacturing Revenue
CapyFin.com Forward Guidance
Greenbrier is affirming its Operating Metric guidance and updating Capital Expenditure guidance for fiscal 2025.
Positive Outlook
- Deliveries between 22,500 - 25,000 units.
- Revenue between $3.35B - $3.65B.
- Aggregate Gross Margin % between 16.0% - 16.5%.
- Operating Margin % between 9.2% - 9.7%.
- Equipment Sales Proceeds of $60M.
Challenges Ahead
- Manufacturing Capital Expenditures of $120M.
- Leasing & Fleet Management Capital Expenditures of $360M.
- Gross Capital Expenditures of $480M.
- Net Capital Expenditures of $420M.