Greif Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Oct 31, 2024 · FY), Greif Inc. reported revenue of $5.4B (+4.4% year on year) and net income of $295.5M (-22.1% year on year).
| Line item | Oct 31, 2024 · FY | Oct 31, 2023 · FY | Oct 31, 2022 · FY | Oct 31, 2021 · FY |
|---|---|---|---|---|
| Net sales | $5.4B | $5.2B | $6.3B | $5.6B |
| Costs of products sold | $4.4B | $4.1B | $5.1B | $4.5B |
| Gross profit | $1.1B | $1.1B | $1.3B | $1.1B |
| Selling, general and administrative expenses | $634.5M | $549.1M | $581.0M | $565.9M |
| Acquisition and integration related costs | $18.5M | $19.0M | $8.7M | $9.1M |
| Restructuring charges | $5.4M | $18.7M | $13.0M | $23.1M |
| Non-cash asset impairment charges | $2.6M | $20.3M | $71.0M | $8.9M |
| Gain on disposal of properties, plants and equipment, net | ($8.8M) | ($2.5M) | ($8.1M) | ($3.7M) |
| Gain on disposal of businesses, net | ($46.0M) | ($64.0M) | — | — |
| Operating profit | $464.6M | $605.5M | $621.2M | $585.2M |
| Interest expense, net | $134.9M | $96.3M | $61.2M | $92.7M |
| Non-cash pension settlement charges | $0 | $3.5M | $0 | $9.1M |
| Debt extinguishment charges | $0 | $0 | $25.4M | $0 |
| Other expense, net | $10.1M | $11.0M | $8.9M | $4.8M |
| Income before income tax expense and equity earnings of unconsolidated affiliates, net | $319.6M | $494.7M | $525.7M | $478.6M |
| Income tax expense | $27.2M | $117.8M | $137.1M | $69.6M |
| Equity earnings of unconsolidated affiliates, net of tax | ($3.1M) | ($2.2M) | ($5.4M) | ($4.2M) |
| Net income | $295.5M | $379.1M | $394.0M | $413.2M |
| Net income attributable to noncontrolling interests | ($26.7M) | ($19.9M) | ($17.3M) | ($22.5M) |
| Net income attributable to Greif, Inc. | $268.8M | $359.2M | $376.7M | $390.7M |
| Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share) | $11.64 | $15.54 | $15.89 | $16.41 |
| Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share) | $11.62 | $15.47 | $15.83 | $16.38 |
| Line item | Jun 30, 2026 · Q3 | Mar 31, 2026 · Q2 | Dec 31, 2025 · Q1 | Jul 31, 2025 · Q3 |
|---|---|---|---|---|
| Net sales | $1.2B | $1.1B | $994.8M | $1.1B |
| Cost of products sold | $893.0M | $825.8M | $792.2M | $877.4M |
| Gross profit | $272.6M | $247.0M | $202.6M | $257.3M |
| Selling, general and administrative expenses | $149.5M | $191.7M | $146.1M | $157.0M |
| Acquisition and integration related costs | $1.5M | $1.4M | $700.0K | $1.2M |
| Restructuring and other charges | $12.1M | $15.7M | $14.2M | $25.2M |
| Non-cash asset impairment charges | $1.4M | $4.5M | $200.0K | $3.4M |
| Loss (gain) on disposal of properties, plants and equipment, net | $200.0K | ($1.7M) | ($215.7M) | ($2.6M) |
| Loss on disposal of businesses, net | $0 | $0 | $500.0K | $0 |
| Operating profit | $107.9M | $35.4M | $256.6M | $73.1M |
| Interest expense, net | $7.7M | $10.0M | $9.7M | $14.5M |
| Non-cash pension settlement charges | $300.0K | $700.0K | $900.0K | — |
| Debt extinguishment charges | $0 | $2.5M | — | — |
| Other expense, net | $0 | $400.0K | $4.4M | $2.8M |
| Income from continuing operations before income tax expense and equity earnings of unconsolidated affiliates, net | $99.9M | $21.8M | $241.6M | $55.8M |
| Income tax expense | $17.9M | $5.9M | $58.9M | $11.8M |
| Equity earnings of unconsolidated affiliates, net of tax | ($600.0K) | ($400.0K) | ($200.0K) | ($700.0K) |
| Net income from continuing operations | $82.6M | $16.3M | $182.9M | $44.7M |
| Net income (loss) from discontinued operations, net of tax | ($1.0M) | $0 | ($2.0M) | $24.7M |
| Net income | $81.6M | $16.3M | $180.9M | $69.4M |
| Net income attributable to noncontrolling interests | ($3.8M) | ($3.7M) | ($6.3M) | ($5.4M) |
| Net income attributable to Greif, Inc. | $77.8M | $12.6M | $174.6M | $64.0M |
| Class A and Class B common stock (continued operations) - basic (in usd per share) | $3.47 | $0.55 | $7.67 | $1.69 |
| Class A and Class B common stock (discontinued operations) - basic (in usd per share) | -$0.05 | $0.00 | -$0.08 | $1.07 |
| Earnings per Class A and Class B common stock - basic (in usd per share) | $3.42 | $0.55 | $7.59 | $2.76 |
| Class A and Class B common stock (continued operations) - diluted (in usd per share) | $3.45 | $0.55 | $7.60 | $1.69 |
| Class A and Class B common stock (discontinued operations) - diluted (in usd per share) | -$0.05 | $0.00 | -$0.08 | $1.07 |
| Earnings per Class A and Class B common stock - diluted (in usd per share) | $3.40 | $0.55 | $7.52 | $2.76 |
| Basic (in shares) | 46.1M | 46.2M | 47.0M | 47.5M |
| Diluted (in shares) | 46.9M | 46.2M | 47.8M | 47.6M |
| Cash dividends declared per common share (in usd per share) | $1.55 | $1.40 | $1.39 | $1.35 |
| Line item | Oct 31, 2024 · FY | Oct 31, 2023 · FY | Oct 31, 2022 · FY | Oct 31, 2021 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $197.7M | $180.9M | $147.1M | $124.6M |
| Trade accounts receivable, net of allowance | $746.9M | $659.4M | $749.1M | $889.5M |
| Raw materials | $299.6M | $255.8M | $316.0M | $390.7M |
| Finished goods | $99.9M | $82.8M | $87.3M | $107.0M |
| Assets held for sale | $3.1M | $5.0M | $1.3M | $6.9M |
| Prepaid expenses | $55.8M | $46.0M | $57.3M | $54.0M |
| Other current assets | $146.4M | $139.2M | $141.3M | $89.9M |
| Total current assets | $1.5B | $1.4B | $1.5B | $1.7B |
| Goodwill | $2.0B | $1.7B | $1.5B | $1.5B |
| Other intangible assets, net of amortization | $937.1M | $792.2M | $576.2M | $648.4M |
| Deferred tax assets | $36.9M | $22.9M | $10.1M | $16.3M |
| Pension assets | $46.0M | $36.2M | $30.8M | $39.9M |
| Operating lease right-of-use assets | $284.5M | $290.3M | $254.7M | $289.4M |
| Finance lease right-of-use assets | $38.4M | $30.5M | — | — |
| Other long-term assets | $149.5M | $164.0M | $179.2M | $121.1M |
| Total long-term assets | $3.4B | $3.0B | $2.5B | $2.6B |
| Timber properties, net of depletion | $231.2M | $229.6M | $226.8M | $224.6M |
| Land | $158.0M | $153.7M | $154.8M | $161.9M |
| Buildings | $605.6M | $544.3M | $515.1M | $543.8M |
| Machinery and equipment | $2.3B | $2.1B | $2.0B | $2.0B |
| Capital projects in progress | $159.6M | $200.5M | $182.9M | $137.2M |
| Properties, plants and equipment, gross | $3.5B | $3.3B | $3.0B | $3.1B |
| Accumulated depreciation | ($1.8B) | ($1.7B) | ($1.6B) | ($1.6B) |
| Properties, plants and equipment, net | $1.7B | $1.6B | $1.5B | $1.5B |
| Total assets | $6.6B | $6.0B | $5.5B | $5.8B |
| Accounts payable | $521.9M | $497.8M | $561.3M | $704.5M |
| Accrued payroll and employee benefits | $156.9M | $137.7M | $174.4M | $160.3M |
| Restructuring reserves | $4.9M | $16.8M | $12.3M | $20.3M |
| Current portion of long-term debt | $95.8M | $88.3M | $71.1M | $120.3M |
| Short-term borrowings | $18.6M | $5.4M | $5.7M | $50.5M |
| Current portion of operating lease liabilities | $56.5M | $53.8M | $48.9M | $54.0M |
| Current portion of finance lease liabilities | $5.6M | $3.4M | — | — |
| Other current liabilities | $154.2M | $136.1M | $174.2M | $203.3M |
| Total current liabilities | $1.0B | $939.3M | $1.0B | $1.3B |
| Long-term debt | $2.6B | $2.1B | $1.8B | $2.1B |
| Operating lease liabilities | $230.2M | $240.2M | $209.4M | $239.5M |
| Finance lease liabilities | $34.2M | $27.9M | — | — |
| Deferred tax liabilities | $295.1M | $325.6M | $343.6M | $318.0M |
| Pension liabilities | $59.2M | $56.3M | $58.0M | $78.3M |
| Post-retirement benefit obligations | $5.6M | $6.2M | $7.2M | $11.0M |
| Contingent liabilities and environmental reserves | $19.1M | $17.3M | $19.0M | $19.5M |
| Long-term income tax payable | $11.7M | $21.2M | $25.6M | $27.8M |
| Other long-term liabilities | $104.5M | $93.8M | $109.8M | $153.1M |
| Total long-term liabilities | $3.4B | $2.9B | $2.6B | $2.9B |
| Redeemable Noncontrolling Interests (Note 15) | $129.9M | $125.3M | $15.8M | $24.1M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Jul 31, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $288.5M | $286.1M | $243.5M | $285.2M |
| Trade accounts receivable, net of allowance | $747.0M | $707.1M | $602.1M | $684.9M |
| Raw materials | $279.1M | $243.9M | $251.4M | $249.0M |
| Work-in-process | $100.0K | — | — | — |
| Finished goods | $100.4M | $96.1M | $98.0M | $84.0M |
| Current assets held for sale | $19.4M | $18.4M | $18.4M | $465.2M |
| Prepaid expenses | $62.8M | $72.1M | $74.5M | $61.7M |
| Other current assets | $137.7M | $140.1M | $152.5M | $165.4M |
| Total current assets | $1.6B | $1.6B | $1.4B | $2.0B |
| Goodwill | $1.7B | $1.7B | $1.7B | $1.7B |
| Other intangible assets, net of amortization | $794.2M | $794.0M | $818.6M | $853.1M |
| Deferred tax assets | $32.2M | $31.0M | $23.2M | $34.8M |
| Pension assets | $69.0M | $67.9M | $65.9M | $49.5M |
| Noncurrent assets held for sale | $0 | $0 | $0 | $631.9M |
| Operating lease right-of-use assets | $175.2M | $173.8M | $176.3M | $186.9M |
| Finance lease right-of-use assets | $25.0M | $26.4M | $27.9M | $33.7M |
| Other long-term assets | $103.3M | $118.5M | $117.6M | $119.8M |
| Total long term assets | $2.9B | $2.9B | $2.9B | $3.6B |
| Land | $121.0M | $122.6M | $124.4M | $138.8M |
| Buildings | $511.3M | $497.4M | $501.5M | $494.9M |
| Machinery and equipment | $1.8B | $1.8B | $1.8B | $1.7B |
| Capital projects in progress | $182.2M | $167.3M | $168.8M | $160.6M |
| Properties, plants and equipment, gross | $2.6B | $2.6B | $2.6B | $2.5B |
| Accumulated depreciation | ($1.5B) | ($1.4B) | ($1.4B) | ($1.4B) |
| Properties, plants and equipment, net | $1.2B | $1.1B | $1.1B | $1.1B |
| Total assets | $5.7B | $5.6B | $5.5B | $6.7B |
| Accounts payable | $497.3M | $500.9M | $402.1M | $435.8M |
| Accrued payroll and employee benefits | $120.4M | $102.4M | $122.7M | $116.4M |
| Restructuring reserves | $10.7M | $17.1M | $19.2M | $14.5M |
| Current portion of long-term debt | $12.5M | $12.5M | — | $95.8M |
| Short-term borrowings | $330.5M | $292.2M | $288.9M | $401.9M |
| Current liabilities held for sale | $0 | $0 | $0 | $125.0M |
| Current portion of operating lease liabilities | $41.6M | $40.3M | $41.7M | $43.4M |
| Current portion of finance lease liabilities | $4.4M | $4.4M | $4.6M | $5.5M |
| Dividends payable | $27.2M | $24.6M | $24.5M | — |
| Other current liabilities | $223.8M | $231.7M | $265.2M | $173.4M |
| Total current liabilities | $1.3B | $1.2B | $1.2B | $1.4B |
| Long-term debt | $687.4M | $701.2M | $655.1M | $2.2B |
| Operating lease liabilities | $134.2M | $134.4M | $135.8M | $145.4M |
| Finance lease liabilities | $23.0M | $24.4M | $26.0M | $28.5M |
| Deferred tax liabilities | $224.7M | $210.8M | $206.2M | $294.2M |
| Pension liabilities | $58.0M | $58.4M | $59.8M | $60.8M |
| Postretirement benefit obligations | $5.3M | $5.3M | $5.4M | $5.5M |
| Contingent liabilities and environmental reserves | $16.8M | $17.2M | $17.0M | $17.1M |
| Other long-term liabilities | $156.2M | $144.9M | $156.7M | $168.6M |
| Line item | Oct 31, 2024 · FY | Oct 31, 2023 · FY | Oct 31, 2022 · FY | Oct 31, 2021 · FY |
|---|---|---|---|---|
| Net income | $295.5M | $379.1M | $394.0M | $413.2M |
| Depreciation, depletion and amortization | $261.3M | $230.6M | $216.6M | $234.4M |
| Non-cash asset impairment charges | $2.6M | $20.3M | $71.0M | $8.9M |
| Non-cash pension settlement charges | $0 | $3.5M | $0 | $9.1M |
| Gain on disposal of properties, plants and equipment, net | ($8.8M) | ($2.5M) | ($8.1M) | ($3.7M) |
| Gain on disposals of businesses, net | ($46.0M) | ($64.0M) | — | — |
| Unrealized foreign exchange loss (gain) | $10.0M | $12.7M | ($1.6M) | $1.0M |
| Deferred income tax (benefit) expense | ($86.2M) | ($28.7M) | $13.4M | ($47.2M) |
| Debt extinguishment charges | $0 | $0 | $22.6M | $0 |
| Non-cash lease expense | $46.6M | $38.0M | $35.7M | $40.0M |
| Other, net | $3.1M | $2.2M | $800.0K | ($2.4M) |
| Trade accounts receivable | ($43.4M) | $130.3M | $25.1M | ($247.5M) |
| Inventories | ($26.4M) | $101.0M | $6.1M | ($205.6M) |
| Accounts payable | $18.9M | ($79.8M) | ($40.5M) | $230.4M |
| Restructuring reserves | ($11.9M) | $4.4M | ($6.6M) | ($1.4M) |
| Operating leases | ($48.1M) | ($37.3M) | ($36.9M) | ($43.5M) |
| Pension and post-retirement benefit liabilities | ($11.4M) | ($26.9M) | ($24.7M) | ($11.5M) |
| Other, net | $200.0K | ($33.4M) | ($8.0M) | $117.3M |
| Net cash provided by operating activities | $356.0M | $649.5M | $657.5M | $396.0M |
| Acquisitions of companies, net of cash acquired | ($568.8M) | ($542.4M) | — | $0 |
| Purchases of properties, plants and equipment | ($186.5M) | ($213.6M) | ($176.3M) | ($140.7M) |
| Purchases of and investments in timber properties | ($5.2M) | ($6.0M) | ($6.7M) | ($6.6M) |
| Proceeds from the sale of properties, plants, equipment and other assets | $14.9M | $8.6M | $20.3M | $16.2M |
| Proceeds from the sale of businesses | $89.0M | $105.3M | $139.2M | $2.7M |
| Payments for deferred purchase price of acquisitions | ($1.7M) | ($22.1M) | — | — |
| Net cash used in investing activities | ($658.3M) | ($670.2M) | ($28.2M) | $46.8M |
| Proceeds from issuance of long-term debt | $2.5B | $2.3B | $3.9B | $1.8B |
| Payments on long-term debt | ($2.0B) | ($2.0B) | ($4.1B) | ($2.2B) |
| Payments on short-term borrowings, net | ($12.3M) | ($700.0K) | ($36.3M) | — |
| Proceeds from trade accounts receivable credit facility | $348.9M | $180.2M | $301.9M | $106.0M |
| Payments on trade accounts receivable credit facility | ($344.4M) | ($145.8M) | ($365.3M) | ($23.1M) |
| Dividends paid to Greif, Inc. shareholders | ($121.0M) | ($116.5M) | ($111.3M) | ($105.8M) |
| Dividends paid to noncontrolling interests | ($25.7M) | ($14.2M) | ($17.2M) | ($7.8M) |
| Payments for debt extinguishment and issuance costs | $0 | $0 | ($20.8M) | $0 |
| Payments for share repurchases | $0 | ($63.9M) | ($71.1M) | — |
| Forward contract for accelerated share repurchases | $0 | $0 | ($15.0M) | — |
| Tax withholding payments for stock-based awards | ($10.6M) | ($13.7M) | — | — |
| Purchases of redeemable and mandatorily redeemable noncontrolling interest | $0 | ($7.3M) | ($6.5M) | $0 |
| Other, net | ($7.8M) | ($5.4M) | — | — |
| Net cash provided by (used in) financing activities | $324.3M | $69.7M | ($531.0M) | ($422.9M) |
| Effects of exchange rates on cash | ($5.2M) | ($15.2M) | ($75.8M) | ($1.7M) |
| Net increase in cash and cash equivalents | $16.8M | $33.8M | $22.5M | $18.7M |
| Cash and cash equivalents at beginning of year | $180.9M | $147.1M | $124.6M | $105.9M |
| Cash and cash equivalents at end of year | $197.7M | $180.9M | $147.1M | $124.6M |
| Capital expenditures included in accounts payable | $16.7M | $29.1M | $24.4M | $38.7M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · YTD | Dec 31, 2025 · Q1 | Jul 31, 2025 · YTD |
|---|---|---|---|---|
| Net income | $278.8M | $197.2M | $180.9M | $138.3M |
| Depreciation, depletion and amortization | $174.9M | $117.5M | $60.3M | $197.7M |
| Non-cash asset impairment charges | $6.1M | $4.7M | $200.0K | $27.8M |
| Non-cash pension settlement charges | $1.9M | $1.6M | $900.0K | — |
| Gain on disposals of properties, plants and equipment, net | ($217.2M) | ($217.4M) | ($215.7M) | ($3.7M) |
| Loss on disposals of businesses, net | $4.5M | $3.1M | $3.1M | $2.6M |
| Unrealized foreign exchange (gain) loss | ($400.0K) | $400.0K | ($200.0K) | $700.0K |
| Deferred income tax benefit | ($47.0M) | ($50.8M) | ($49.9M) | ($500.0K) |
| Debt extinguishment charges | $700.0K | $700.0K | — | — |
| Non-cash special charitable contribution | $40.0M | $40.0M | — | — |
| Non-cash lease expense | $39.5M | $26.0M | $11.5M | $44.4M |
| Other, net | $1.2M | $600.0K | $200.0K | $1.5M |
| Trade accounts receivable | ($83.3M) | ($52.7M) | $56.8M | ($31.8M) |
| Inventories | ($38.3M) | ($2.6M) | ($10.7M) | ($13.0M) |
| Accounts payable | $67.8M | $89.0M | ($32.5M) | ($13.3M) |
| Restructuring reserves | ($11.0M) | ($4.5M) | ($2.6M) | $9.5M |
| Operating leases | ($40.8M) | ($26.9M) | ($12.1M) | ($47.8M) |
| Pension and post-retirement benefit liabilities | ($6.8M) | ($4.5M) | ($2.9M) | ($6.3M) |
| Other, net | ($600.0K) | ($29.2M) | ($11.7M) | ($2.8M) |
| Net cash provided by operating activities | $170.0M | $92.2M | ($24.4M) | $303.3M |
| Purchases of business, net of cash acquired | ($59.9M) | ($5.3M) | $0 | ($4.6M) |
| Receipts for collection of loans receivable | $15.0M | — | — | — |
| Purchases of properties, plants and equipment | ($118.5M) | ($89.8M) | ($33.0M) | ($106.5M) |
| Payments for deferred purchase price of acquisitions | ($600.0K) | ($600.0K) | ($600.0K) | ($1.9M) |
| Proceeds from the sale of properties, plants, equipment and other assets | $464.0M | $463.4M | $460.9M | $23.6M |
| Payments for the sale of businesses | $0 | $0 | $0 | ($900.0K) |
| Proceeds from hedging derivatives | $0 | $0 | $0 | $22.5M |
| Other, net | ($300.0K) | ($300.0K) | $0 | — |
| Net cash provided by (used in) investing activities | $299.7M | $367.4M | $427.3M | ($70.2M) |
| Proceeds from issuance of long-term debt | $2.2B | $1.7B | $540.3M | $1.5B |
| Payments on long-term debt | ($2.4B) | ($1.9B) | ($800.8M) | ($1.6B) |
| Proceeds (payments) on short-term borrowings, net | $3.8M | $200.0K | $8.2M | ($3.5M) |
| Proceeds from trade accounts receivable credit facility | $181.3M | $46.0M | $9.1M | $190.3M |
| Payments on trade accounts receivable credit facility | ($139.5M) | ($40.3M) | ($16.7M) | ($168.4M) |
| Dividends paid to Greif, Inc. shareholders | ($97.0M) | ($64.3M) | ($32.5M) | ($93.8M) |
| Dividends paid to noncontrolling interests | ($11.9M) | ($9.8M) | ($7.8M) | ($8.1M) |
| Payments for debt extinguishment and issuance costs | ($2.8M) | ($2.8M) | — | — |
| Payments for share repurchases | ($150.1M) | ($147.2M) | ($128.1M) | — |
| Tax withholding payments for stock-based awards | ($9.8M) | ($9.8M) | — | ($7.4M) |
| Purchases of redeemable noncontrolling interest | $0 | — | — | ($38.7M) |
| Other, net | ($3.5M) | ($800.0K) | ($1.4M) | ($5.5M) |
| Net cash used in financing activities | ($444.3M) | ($430.3M) | ($429.7M) | ($188.3M) |
| Effects of exchange rates on cash | $6.4M | $100.0K | $13.6M | $42.7M |
| Net increase in cash and cash equivalents | $31.8M | $29.4M | ($13.2M) | $87.5M |
| Cash and cash equivalents at beginning of period | $256.7M | $256.7M | $256.7M | $197.7M |
Greif Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.