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Related Party Transactions
 12 Months Ended
Aug. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions

Note 15 — Related Party Transactions

 

The Company has a 41.9% interest in Axis, a joint venture. The Company purchased $9.4 million, $8.8 million and $8.7 million of railcar components from Axis during the years ended August 31, 2025, 2024 and 2023, respectively.

 

The Company held a 40% interest in the common equity of an unconsolidated affiliate that bought and sold railcar assets that are leased to third parties. As of August 31, 2023, the Company no longer held an investment in this entity. Upon sale of railcars to this entity from Greenbrier, 60% of the related revenue and margin was recognized and 40% was deferred until the railcars were ultimately sold by the entity. The Company recognized $15.1 million in Revenue on railcars sold out of the leasing warehouse during the year ended August 31, 2023.