Greif Inc. Class A Common Stock (GEF) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.11	$1.61	+45.0%	—	—	—
Q0 27	$1.07	$1.1	+2.8%	—	$1.1B	—
Q4 25	$0.6	$0.01	-98.3%	—	—	—
Q3 25	$1.21	$1.03	-14.9%	—	$1.1B	—
Q2 25	$1.11	$1.19	+7.2%	—	$1.4B	—
Q1 25	$0.73	$0.39	-46.6%	—	$1.3B	—
Q4 24	$1.1	$0.85	-22.7%	—	$1.4B	—
Q3 24	$1.14	$1.03	-9.6%	—	$1.5B	—
Q2 24	$0.85	$0.82	-3.5%	—	$1.4B	—
Q1 24	$0.64	$1.27	+98.4%	—	$1.2B	—
Q4 23	$1.3	$1.56	+20.0%	—	$1.3B	—
Q3 23	$1.54	$1.75	+13.6%	—	$1.3B	—
Q2 23	$1.32	$1.77	+34.1%	—	$1.3B	—
Q1 23	$1.25	$1.06	-15.2%	—	$1.3B	—
Q4 22	$1.94	$1.83	-5.7%	—	$1.5B	—
Q3 22	$2	$2.35	+17.5%	—	$1.6B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY24	—	$4.54	—	—	$4.4B	—
FY23	—	$6.22	—	—	$5.2B	—
FY22	—	$6.36	—	—	$6.3B	—
FY21	—	$6.57	—	—	$5.6B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Revenue	$3.6B	$3.3B	$3.6B	$3.9B	$4.6B	$4.5B	$5.6B	$6.3B	$5.2B	$4.4B
YoY change	-14.7%	-8.1%	+9.47%	+6.48%	+18.6%	-1.74%	+23.1%	+14.3%	-17.8%	-16.6%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Revenue	3.6B	3.3B	3.6B	3.9B	4.6B	4.5B	5.6B	6.3B	5.2B	4.4B
Cost of revenue	2.9B	2.6B	2.9B	3.1B	3.6B	3.6B	4.5B	5.1B	4.1B	3.5B
Gross profit	669.8M	684.9M	714.7M	788.9M	959.9M	914.7M	1.1B	1.3B	1.1B	899.1M
Gross margin	18.5%	20.6%	19.6%	20.4%	20.9%	20.3%	19.7%	20.2%	22%	20.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	413.2M	376.8M	379.7M	397.2M	507.4M	516M	565.9M	581M	549.1M	589.9M
Operating expenses	413.2M	376.8M	379.7M	397.2M	507.4M	516M	565.9M	581M	549.1M	589.9M
Operating income	256.6M	308.1M	335M	391.7M	452.5M	398.7M	527.1M	704.4M	597M	309.2M
Operating margin	7.09%	9.27%	9.21%	10.1%	9.85%	8.83%	9.49%	11.1%	11.4%	7.1%
Non-operating income, net	-67M	-91.5M	-74.6M	-40.9M	-78M	-96.8M	44.2M	-117.5M	-6M	18.5M
Pretax income	114.8M	141.2M	200.3M	299.8M	262M	186.1M	478.6M	525.7M	494.7M	281.7M
Income tax	48.4M	66.5M	67.2M	73.3M	70.7M	63.3M	69.6M	137.1M	117.8M	22.2M
Net income	67.2M	75.5M	135.1M	229.5M	194.2M	124.3M	413.2M	394M	379.1M	295.5M
Net margin	1.86%	2.27%	3.71%	5.92%	4.23%	2.75%	7.44%	6.21%	7.26%	6.79%
EBITDA	388M	426.8M	416.4M	498.9M	656M	638.2M	747.6M	912.1M	813.1M	560.4M
EPS	1.23	1.28	2.02	3.56	2.89	1.83	6.57	6.36	6.22	4.54
Diluted EPS	1.23	1.28	2.02	3.55	2.89	1.83	6.54	6.3	6.15	4.52

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25
Revenue	1.5B	1.3B	1.3B	1.3B	1.3B	1.2B	1.4B	1.5B	1.4B	1.3B	1.4B	1.1B
Cost of revenue	1.2B	1B	997.1M	1B	1B	984.2M	1.1B	1.2B	1.1B	1B	1.1B	877.4M
Gross profit	310.1M	251.6M	311.8M	307M	275.7M	221.6M	270.1M	290.4M	288.7M	245.5M	319.5M	257.3M
Gross margin	20.7%	19.8%	23.8%	23.1%	21.1%	18.4%	19.7%	20%	20.4%	19.4%	23.1%	22.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	140.4M	139.4M	137.2M	135.7M	136.8M	145.8M	167.2M	164M	157.5M	167.7M	172.6M	157M
Operating expenses	140.4M	139.4M	137.2M	135.7M	136.8M	145.8M	167.2M	164M	157.5M	167.7M	172.6M	157M
Operating income	169.7M	112.2M	174.6M	171.3M	138.9M	75.8M	102.9M	126.4M	131.2M	77.8M	146.9M	100.3M
Operating margin	11.3%	8.83%	13.3%	12.9%	10.6%	6.29%	7.51%	8.69%	9.26%	6.15%	10.6%	8.84%
Non-operating income, net	-20.3M	40.9M	3.6M	-19.1M	-31.4M	-16M	-4.4M	43.8M	-5.2M	-18.3M	-28.1M	-30M
Pretax income	132.5M	130.3M	154.8M	126.9M	82.7M	35.6M	68.3M	128.9M	86.8M	21.8M	83.9M	55.8M
Income tax	31.7M	37.7M	39.1M	31.1M	9.9M	-38.2M	17M	36.2M	12.2M	7.8M	29.8M	11.8M
Net income	102.6M	93.1M	116M	96.7M	73.3M	74.3M	52M	93.6M	75.6M	14.4M	54.5M	69.4M
Net margin	6.86%	7.32%	8.86%	7.27%	5.6%	6.16%	3.79%	6.44%	5.33%	1.14%	3.93%	6.12%
EBITDA	216.9M	164M	228.3M	225.6M	195.2M	127.1M	169.2M	192.7M	198.5M	144M	213.5M	162.2M
EPS	1.7	1.55	1.91	1.57	1.19	1.17	0.77	1.51	1.09	0.15	0.82	1.1
Diluted EPS	1.67	1.54	1.9	1.55	1.16	1.17	0.77	1.5	1.08	0.15	0.82	1.1

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Market cap	1.9B	2.8B	3.3B	2.8B	2.3B	2.4B	3.8B	—	3B	—	4.6B
Enterprise value	3B	3.7B	4.1B	3.6B	5B	5.1B	6.2B	—	5.3B	—	5.8B
Shares outstanding	58.9M	59M	58.8M	58.9M	59.2M	59.4M	59.5M	48.2M	47.1M	57.8M	57.8M

Valuation

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
P/E	28.7	36.6	24.2	12.1	11.9	19.4	9.31	—	7.88	—	33.7
P/S	0.53	0.83	0.9	0.72	0.5	0.53	0.69	—	0.57	—	1.08
P/B	1.82	2.79	3.03	2.34	1.91	1.98	2.41	—	1.42	—	1.54
EV/EBITDA	7.76	8.63	9.82	7.22	7.61	7.99	8.35	—	6.58	—	9.96
EV/Sales	0.83	1.11	1.12	0.93	1.09	1.13	1.12	—	1.02	—	1.34
Earnings yield	3.48%	2.73%	4.14%	8.24%	8.37%	5.16%	10.7%	—	12.7%	—	2.97%
FCF yield	1.66%	6.86%	6.09%	3.73%	9.8%	13.2%	6.46%	—	14.4%	—	66.6%
PEG	—	—	—	—	—	—	—	—	—	—	0.5

Profitability

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Gross margin	18.5%	20.6%	19.6%	20.4%	20.9%	20.3%	19.7%	20.2%	22%	20.6%	23.4%
Operating margin	7.09%	9.27%	9.21%	10.1%	9.85%	8.83%	9.49%	11.1%	11.4%	7.1%	10.6%
Net margin	1.86%	2.27%	3.71%	5.92%	4.23%	2.75%	7.44%	6.21%	7.26%	6.79%	24.7%
ROE	6.34%	7.63%	12.5%	19.3%	16%	10.2%	25.8%	21.8%	18%	13.1%	12%
ROA	2.03%	2.39%	4.18%	7.18%	3.58%	2.26%	7.1%	7.2%	6.36%	4.45%	4.04%
ROIC	6.93%	8.52%	11.7%	14.8%	8.5%	6.73%	11.3%	13.6%	10.2%	5.64%	6.37%
Return on tangible assets	4.68%	5.56%	9.22%	15.5%	23.2%	11.9%	27.8%	28.4%	38.3%	20.1%	51.4%

Financial health

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Current ratio	1.56	1.38	1.45	1.46	1.51	1.3	1.27	1.43	1.46	1.53	1.29
Quick ratio	1.1	0.96	1.04	1.03	1.08	1.01	0.89	1.05	1.1	1.2	0.99
Debt / equity	1.12	1.04	0.9	0.77	2.27	2.29	1.57	1.2	1.2	1.34	0.39
Debt / assets	0.36	0.33	0.3	0.28	0.51	0.51	0.43	0.4	0.43	0.45	0.22
Net debt / EBITDA	2.79	2.16	1.98	1.64	4.08	4.22	3.2	2.22	2.9	5	1.67
Interest coverage	2.53	2.87	4.33	6.88	3.33	2.61	6.16	9.59	6.14	7.12	11
Effective tax rate	42.2%	47.1%	33.5%	24.4%	27%	34%	14.5%	26.1%	23.8%	7.88%	22.5%

Per share

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Revenue per share	61.5	56.4	61.9	65.8	77.6	76	93.4	131.6	110.9	75.4	74.9
EPS (basic)	1.23	1.28	2.02	3.56	2.89	1.83	6.57	6.36	6.22	4.54	4.54
EPS (diluted)	1.23	1.28	2.02	3.55	2.89	1.83	6.54	6.3	6.15	4.52	2.42
Book value per share	18	16.8	18.4	20.2	20.5	20.6	26.9	37.5	44.9	38.9	52.8
FCF per share	0.55	3.21	3.38	1.76	3.84	5.35	4.18	9.83	9.13	2.85	3.62
Cash per share	1.8	1.76	2.42	1.6	1.31	1.78	2.09	3.05	3.84	3.42	5.08
Capex per share	2.12	1.68	1.64	2.32	2.26	1.74	0.24	3.37	4.48	3.06	3.06

Capital allocation

Metric	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	Current
Capex / revenue	3.45%	2.99%	2.66%	3.53%	2.91%	2.29%	0.25%	2.56%	4.04%	4.06%	4.06%
Capex / operating cash flow	68.4%	41.2%	38.5%	54.5%	35.6%	24.6%	2.94%	28.3%	31.1%	44.4%	44.4%
Payout ratio	146.9%	130.7%	73%	43.6%	53.6%	83.9%	25.6%	28.2%	30.7%	40.9%	89.3%
Dividend yield	5.12%	3.57%	3.02%	3.59%	4.48%	4.33%	2.75%	—	3.9%	—	3.04%

Yield

3.04%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.62

ex-dividend Sep 17, 2026

Payout ratio

89%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 17, 2026	$0.62
Jun 17, 2026	$0.62
Mar 16, 2026	$0.56

Period	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25
Revenue	$1.5B	$1.3B	$1.3B	$1.3B	$1.3B	$1.2B	$1.4B	$1.5B	$1.4B	$1.3B	$1.4B	$1.1B
YoY change	-5.22%	-18.7%	-21.5%	-18%	-12.5%	-5.13%	+4.74%	+9.31%	+8.31%	+4.98%	+1.07%	-22%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Cash & short-term investments	106.2M	103.7M	142.3M	94.2M	77.3M	105.9M	124.6M	147.1M	180.9M	197.7M
Receivables	403.7M	399.2M	447M	456.7M	664.2M	636.6M	889.5M	749.1M	659.4M	638.7M
Inventory	297M	277.4M	279.5M	289.5M	358.2M	293.6M	499.2M	403.3M	338.6M	328.1M
Total current assets	1B	912.3M	994.5M	976.7M	1.2B	1.3B	1.7B	1.5B	1.4B	1.5B
Property, plant & equipment	530.2M	496M	483.9M	486.3M	886.9M	1.1B	1B	969M	1.1B	911.4M
Goodwill & intangibles	1.9B	1.8B	1.8B	1.7B	4.6B	4.5B	4.3B	4.1B	5B	5.2B
Total assets	3.3B	3.2B	3.2B	3.2B	5.4B	5.5B	5.8B	5.5B	6B	6.6B
Accounts payable	355.3M	372M	399.2M	403.8M	435.2M	450.7M	704.5M	561.3M	497.8M	458.6M
Short-term debt	71.4M	51.6M	29.5M	26.1M	92.9M	203.8M	224.8M	126.6M	150.9M	166.9M
Total current liabilities	647M	659.2M	687.9M	670.2M	825.4M	1B	1.3B	1B	939.3M	1B
Long-term debt	1.1B	974.6M	937.8M	884.1M	2.7B	2.6B	2.3B	2B	2.4B	2.8B
Total liabilities	2.3B	2.2B	2.2B	2B	4.2B	4.3B	4.2B	3.7B	3.8B	4.4B
Shareholders' equity	1.1B	989.7M	1.1B	1.2B	1.2B	1.2B	1.6B	1.8B	2.1B	2.2B
Total debt	1.2B	1B	967.3M	910.2M	2.8B	2.8B	2.5B	2.2B	2.5B	3B
Net debt	1.1B	922.5M	825M	816M	2.7B	2.7B	2.4B	2B	2.4B	2.8B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25
Cash & short-term investments	147.1M	161M	158.5M	157.7M	180.9M	179.3M	196M	194.2M	197.7M	201.1M	252.7M	285.2M
Receivables	749.1M	674.2M	727M	682.7M	659.4M	639.2M	772M	785.7M	638.7M	706M	803.7M	684.9M
Inventory	403.3M	441.1M	400.2M	387.7M	338.6M	368.5M	411.7M	420.7M	328.1M	416.7M	430.7M	333M
Total current assets	1.5B	1.5B	1.5B	1.4B	1.4B	1.4B	1.6B	1.7B	1.5B	1.6B	1.8B	2B
Property, plant & equipment	969M	1B	1.1B	1.1B	1.1B	1.1B	1.2B	1.3B	911.4M	1.1B	1.1B	859.9M
Goodwill & intangibles	4.1B	4.5B	4.8B	4.8B	5B	5B	5.9B	5.8B	5.2B	5.7B	5.7B	5.1B
Total assets	5.5B	5.7B	5.9B	5.9B	6B	6B	6.8B	6.8B	6.6B	6.6B	6.8B	6.7B
Accounts payable	561.3M	464M	502.4M	505.8M	497.8M	468M	549.5M	533.6M	458.6M	473.3M	531.6M	435.8M
Short-term debt	126.6M	136.7M	137.3M	145.3M	150.9M	165.2M	196.8M	178.7M	166.9M	479.3M	544.3M	546.6M
Total current liabilities	1B	880.5M	937.4M	951.2M	939.3M	882.7M	1B	1B	1B	1.2B	1.4B	1.4B
Long-term debt	2B	2.4B	2.5B	2.3B	2.4B	2.5B	3.1B	3.1B	2.8B	2.7B	2.5B	2.4B
Total liabilities	3.7B	3.8B	3.9B	3.8B	3.8B	3.8B	4.7B	4.6B	4.4B	4.4B	4.4B	4.4B
Shareholders' equity	1.8B	1.9B	2B	2B	2.1B	2.2B	2.2B	2.2B	2.2B	2.2B	2.3B	2.3B
Total debt	2.2B	2.5B	2.6B	2.5B	2.5B	2.6B	3.3B	3.2B	3B	3.1B	3.1B	2.9B
Net debt	2B	2.3B	2.4B	2.3B	2.4B	2.4B	3.1B	3.1B	2.8B	2.9B	2.8B	2.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24
Net income	67.2M	75.5M	135.1M	229.5M	194.2M	124.3M	413.2M	394M	379.1M	295.5M
Depreciation & amortization	134.6M	127.7M	120.5M	126.9M	206.1M	242.5M	234.4M	216.6M	230.6M	261.3M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-15.6M	36.6M	-7.9M	-111.1M	-30.9M	-17.4M	-161.8M	-85.5M	58.3M	-122.1M
Operating cash flow	182.5M	241.3M	251.2M	250.5M	374.9M	420.5M	476.2M	575M	679.5M	398.2M
Capital expenditure	-124.9M	-99.3M	-96.7M	-136.6M	-133.5M	-103.4M	14M	-162.7M	-211M	-176.8M
Investing cash flow	-146.5M	-25.1M	-90.4M	-135.2M	-2B	-25.2M	46.8M	-32.9M	-670.2M	-658.3M
Dividends paid	-98.7M	-98.7M	-98.6M	-100M	-104M	-104.3M	-105.8M	-111.3M	-116.5M	-121M
Share repurchases	0	-5.2M	0	0	—	0	0	-71.1M	-63.9M	0
Financing cash flow	-20.3M	-272.8M	-175.6M	-158.3M	1.5B	-405.3M	-422.9M	-567.3M	69M	312M
Net change in cash	15.7M	-56.6M	-14.8M	-43M	-120.1M	-10M	100.1M	-25.2M	78.3M	51.9M
Free cash flow	32.1M	189.4M	198.7M	103.9M	227.3M	317.9M	248.7M	474.5M	429.9M	164.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25
Net income	102.6M	93.1M	116M	96.7M	73.3M	74.3M	52M	93.6M	75.6M	14.4M	54.5M	69.4M
Depreciation & amortization	51.2M	55.1M	56.6M	57.7M	61.2M	60.4M	65.9M	67.1M	67.9M	66.6M	66.4M	64.7M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	92.3M	-75.4M	37.3M	35.7M	60.7M	-99.9M	-49.7M	-39.1M	66.6M	-139.7M	-15.8M	50M
Operating cash flow	273.3M	86.9M	220.2M	199.4M	173M	-1.7M	85.5M	125.9M	188.5M	-44.3M	136.4M	197.7M
Capital expenditure	-62.9M	-51.1M	-36.3M	-45.4M	-78.2M	-52.4M	-41.4M	-40.7M	-42.3M	-34.8M	—	—
Investing cash flow	-62.9M	-269.1M	-181.9M	-45.7M	-173.5M	-53.6M	-609M	-41.2M	45.5M	-19M	0	-700K
Dividends paid	-29.3M	-28.9M	-29M	-28.8M	-29.8M	-29.7M	-30M	-30.1M	-31.2M	-31M	-31.4M	-31.4M
Share repurchases	-11.1M	-17.8M	-41.8M	-4.3M	0	0	0	0	0	—	—	—
Financing cash flow	-223.5M	189.2M	26.4M	-294.3M	147.7M	-13.1M	598M	-363.2M	90.3M	4.5M	-58.2M	-138.1M
Net change in cash	-13.1M	7M	64.7M	-140.6M	147.2M	-68.4M	74.5M	-278.5M	324.3M	-58.8M	78.2M	58.9M
Free cash flow	220.4M	-18.7M	168.1M	155.8M	124.7M	-52.9M	45.2M	31.5M	140.5M	-68.1M	105.7M	156.8M

Greif Inc. Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history