Exhibit 99.1




For release: October 25, 2016, 6:00 a.m. EDT

Contact: Lorie Tekorius

Justin Roberts


Greenbrier Reports Fourth Quarter Results

~ Quarterly EPS of $1.06 ~


~ Announces orders for 2,300 railcars valued at $200 million ~

~ Cash flow from operations in 2016 exceeded $330 million ~

~ Issues 2017 earnings guidance of $3.25 - $3.75 per share ~

Lake Oswego, Oregon, October 25, 2016 – The Greenbrier Companies, Inc. (NYSE: GBX) today reported financial results for its fourth fiscal quarter and full year ended August 31, 2016.

Fourth Quarter Highlights


    Net earnings attributable to Greenbrier for the quarter were $33.6 million, or $1.06 per diluted share, on revenue of $595.2 million.


    Adjusted EBITDA for the quarter was $104.4 million, or 17.5% of revenue.


    Diversified orders for 2,300 new railcars were received during this quarter, valued at over $200 million, or an average price of approximately $87,000 per railcar.


    New railcar backlog as of August 31, 2016 was 27,500 units with an estimated value of $3.19 billion (average unit sale price of $116,000). Backlog reflects a 1,200 unit reduction resulting from customer settlements that yield favorable economic and other considerations.


    New railcar deliveries totaled 4,600 units for the quarter, compared to 4,300 units for the quarter ended May 31, 2016.


    Marine backlog as of August 31, 2016 was approximately $114 million.


    Board declared a quarterly dividend of $0.21 per share, payable on December 1, 2016 to shareholders as of November 10, 2016.

Fiscal Year 2016 Highlights


    Net earnings were $183.2 million, or $5.73 per diluted share, on record revenue of $2.68 billion.


    Record Adjusted EBITDA was $474.0 million, or 17.7% of revenue, compared to 16.7% of revenue in fiscal 2015.


    New railcar deliveries totaled 20,300 units.


    Orders totaled 7,500 units valued over $700 million across a broad range of railcar types.


    Cash provided by operating activities increased 72% to over $330 million.


    Net Funded Debt : LTM EBITDA ratio improved to 0.2x from 0.5x in fiscal 2015.


    Nearly $57 million returned to shareholders through dividend and share repurchases.


- More -

The following information was filed by Greenbrier Companies Inc (GBX) on Tuesday, October 25, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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