Greenbrier Companies Reports Improved Margins, High Lease Utilization, and $2 Billion Backlog
Greenbrier Companies (GBX) reported improved gross margins of 14.1%, a sequential increase of 230 basis points in Q3 2026. The company also achieved record lease utilization at 99% with its owned fleet growing to 20,600 units and received $340 million worth of new railcar orders. Its backlog now stands at $2 billion for 13,800 units.
Tickers: $GBX
Topics: backlog lease utilization margin expansion rail industry