Greif (GEF) Financials

$51.28 -1.27 (-2.41%)

Closing price 03:59 PM Eastern

Extended Trading

$51.24 -0.04 (-0.08%)

As of 04:35 PM Eastern

Annual Income Statements for Greif

This table shows Greif's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	72	75	119	209	171	109	391	377	359	269
Consolidated Net Income / (Loss)	67	76	135	230	194	124	413	394	379	296
Net Income / (Loss) Continuing Operations	67	76	135	230	194	124	413	394	379	296
Total Pre-Tax Income	115	141	200	300	262	186	479	526	495	320
Total Operating Income	193	226	300	371	399	305	585	621	606	465
Total Gross Profit	670	685	715	789	960	915	1,093	1,285	1,146	1,071
Total Revenue	3,617	3,324	3,638	3,874	4,595	4,515	5,556	6,350	5,219	5,448
Operating Revenue	3,617	3,324	3,638	3,874	4,595	4,515	5,556	6,350	5,219	5,448
Total Cost of Revenue	2,947	2,639	2,924	3,085	3,635	3,600	4,463	5,064	4,073	4,377
Operating Cost of Revenue	2,947	2,639	2,924	3,085	3,635	3,600	4,463	5,064	4,073	4,377
Total Operating Expenses	477	459	415	418	561	610	508	664	541	606
Selling, General & Admin Expense	413	377	380	397	507	516	566	581	549	635
Other Operating Expenses / (Income)	-	-	-	-	-	-	0.20	-1.40	-64	-46
Impairment Charge	46	51	21	8.30	7.80	19	8.90	71	20	2.60
Restructuring Charge	40	27	13	19	56	56	32	22	38	24
Other Special Charges / (Income)	-22	4.20	1.30	-6.40	-10	20	-99	-8.10	-2.50	-8.80
Total Other Income / (Expense), net	-78	-84	-99	-71	-137	-119	-107	-96	-111	-145
Interest Expense	-	-	0.00	0.00	22	0.00	0.00	25	0.00	0.00
Interest & Investment Income	-75	-75	-60	-51	-113	-116	-93	-61	-96	-135
Other Income / (Expense), net	-3.20	-9.00	-39	-20	-2.60	-3.00	-14	-8.90	-15	-10
Income Tax Expense	48	67	67	73	71	63	70	137	118	27
Other Gains / (Losses), net	0.80	0.80	2.00	3.00	2.90	1.50	4.20	5.40	2.20	3.10
Net Income / (Loss) Attributable to Noncontrolling Interest	-4.70	0.60	17	20	23	16	23	17	20	27
Basic Earnings per Share	-	-	$5.04	$8.89	$7.22	$4.57	$16.41	$15.89	$15.54	$11.64
Weighted Average Basic Shares Outstanding	39.30M	39.40M	39.30M	39.30M	48.27M	48.45M	48.56M	47.34M	46.81M	47.18M
Diluted Earnings per Share	-	-	$5.04	$8.88	$2.89	$4.57	$16.38	$15.83	$15.47	$11.62
Weighted Average Diluted Shares Outstanding	39.30M	39.40M	39.30M	39.30M	48.27M	48.45M	48.56M	47.34M	46.81M	47.18M
Weighted Average Basic & Diluted Shares Outstanding	39.30M	39.40M	39.30M	39.30M	48.27M	48.45M	48.56M	47.34M	46.81M	47.18M

This table shows Greif's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Income / (Loss) Attributable to Common Shareholders	142	100	90	111	90	68	67	44	87	70	8.60
Consolidated Net Income / (Loss)	146	103	93	116	97	73	74	52	94	76	14
Net Income / (Loss) Continuing Operations	146	103	93	116	97	73	74	52	94	76	14
Total Pre-Tax Income	184	133	130	155	127	83	36	68	129	87	22
Total Operating Income	206	153	156	181	156	112	69	98	171	127	60
Total Gross Profit	347	310	252	312	307	276	222	270	290	289	246
Total Revenue	1,622	1,496	1,271	1,309	1,330	1,308	1,206	1,371	1,454	1,417	1,266
Operating Revenue	1,622	1,496	1,271	1,309	1,330	1,308	1,206	1,371	1,454	1,417	1,266
Total Cost of Revenue	1,275	1,186	1,019	997	1,023	1,033	984	1,101	1,164	1,128	1,020
Operating Cost of Revenue	1,275	1,186	1,019	997	1,023	1,033	984	1,101	1,164	1,128	1,020
Total Operating Expenses	141	157	95	131	151	163	153	172	119	162	186
Selling, General & Admin Expense	142	140	139	137	136	137	146	167	164	158	168
Other Operating Expenses / (Income)	0.00	-	-55	-9.80	0.30	0.10	0.00	0.00	-46	0.10	0.90
Impairment Charge	0.70	7.90	0.50	1.30	1.60	17	1.30	0.40	0.20	0.70	14
Restructuring Charge	5.30	5.60	9.90	7.00	12	8.70	8.30	4.70	4.70	6.20	4.90
Other Special Charges / (Income)	-6.40	-	0.00	-5.00	1.70	0.80	-2.70	-0.30	-3.40	-2.40	-1.60
Total Other Income / (Expense), net	-21	-21	-26	-26	-29	-30	-33	-30	-42	-40	-38
Interest & Investment Income	-14	-17	-23	-23	-25	-25	-24	-30	-41	-39	-38
Other Income / (Expense), net	-7.30	-4.00	-3.30	-2.90	-3.40	-4.90	-9.10	0.40	-0.80	-0.60	-0.40
Income Tax Expense	40	32	38	39	31	9.90	-38	17	36	12	7.80
Other Gains / (Losses), net	1.60	1.80	0.50	0.30	0.90	0.50	0.50	0.70	0.90	1.00	0.40
Net Income / (Loss) Attributable to Noncontrolling Interest	4.30	3.10	3.20	4.80	6.40	5.50	7.10	7.60	6.50	5.50	5.80
Basic Earnings per Share	$5.96	$4.25	$3.86	$4.79	$3.92	$2.97	$2.92	$1.92	$3.77	$3.03	$0.37
Weighted Average Basic Shares Outstanding	48.22M	47.34M	47.37M	47.27M	46.81M	46.81M	46.86M	47.13M	47.15M	47.18M	47.23M
Diluted Earnings per Share	$5.94	$4.22	$3.85	$4.78	$3.90	$2.94	$2.92	$1.92	$3.76	$3.02	$0.37
Weighted Average Diluted Shares Outstanding	48.63M	47.34M	47.51M	47.68M	47.33M	46.81M	46.96M	47.25M	47.43M	47.18M	47.33M
Weighted Average Basic & Diluted Shares Outstanding	47.61M	47.34M	47.48M	46.80M	46.81M	46.81M	47.12M	47.14M	47.18M	47.18M	47.44M
Cash Dividends to Common per Share	$1.15	-	$1.24	$1.25	$1.25	-	$1.29	$1.30	$1.30	-	$1.34

This table details how cash moves in and out of Greif's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	21	-2.50	39	-48	-17	29	19	23	34	17
Net Cash From Operating Activities	206	301	305	253	390	455	396	658	650	356
Net Cash From Continuing Operating Activities	206	301	305	253	390	455	396	658	650	356
Net Income / (Loss) Continuing Operations	67	76	135	230	194	124	413	394	379	296
Consolidated Net Income / (Loss)	67	76	135	230	194	124	413	394	379	296
Depreciation Expense	135	128	121	127	206	243	234	217	231	261
Non-Cash Adjustments To Reconcile Net Income	26	60	55	-0.30	18	32	-86	82	10	7.50
Changes in Operating Assets and Liabilities, net	-22	38	-5.60	-103	-29	56	-166	-35	30	-208
Net Cash From Investing Activities	-147	-25	-90	-135	-1,989	-25	47	-28	-670	-658
Net Cash From Continuing Investing Activities	-147	-25	-90	-135	-1,989	-25	47	-28	-670	-658
Purchase of Property, Plant & Equipment	-136	-105	-97	-140	-157	-131	-141	-176	-214	-187
Acquisitions	-1.60	-0.40	0.00	0.00	-1,858	-	-3.70	-4.70	-565	-571
Divestitures	69	36	16	14	30	114	19	160	114	104
Other Investing Activities, net	-34	-0.50	-9.10	-8.90	-4.80	-8.10	172	-6.70	-6.00	-5.20
Net Cash From Financing Activities	-20	-273	-176	-158	1,584	-405	-423	-531	70	324
Net Cash From Continuing Financing Activities	-20	-273	-176	-158	1,584	-405	-423	-531	70	324
Repayment of Debt	-956	-1,550	-1,722	-1,079	-2,209	-1,608	-2,072	-4,226	-2,000	-2,010
Repurchase of Common Equity	0.00	-11	0.00	0.00	-12	0.00	0.00	-78	-71	0.00
Payment of Dividends	-103	-104	-103	-105	-113	-118	-114	-129	-131	-147
Issuance of Debt	1,038	1,391	1,650	1,024	3,916	1,320	1,806	3,916	2,286	2,491
Other Financing Activities, net	0.20	0.30	-	-	0.00	0.00	-43	-15	-14	-11
Effect of Exchange Rate Changes	-19	-5.60	-0.40	-7.60	-0.60	4.40	-1.70	-76	-15	-5.20
Cash Interest Paid	78	75	76	58	162	120	105	70	113	157
Cash Income Taxes Paid	74	52	53	65	71	65	55	157	155	108

This table details how cash moves in and out of Greif's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Change in Cash & Equivalents	19	20	14	-2.50	-0.80	23	-1.60	17	-1.80	3.50	3.40
Net Cash From Operating Activities	209	287	33	211	202	204	4.50	88	77	187	-31
Net Cash From Continuing Operating Activities	209	287	33	211	202	204	4.50	88	77	187	-31
Net Income / (Loss) Continuing Operations	146	103	93	116	97	73	74	52	94	76	14
Consolidated Net Income / (Loss)	146	103	93	116	97	73	74	52	94	76	14
Depreciation Expense	51	51	55	57	58	61	60	66	67	68	67
Non-Cash Adjustments To Reconcile Net Income	7.20	-15	-41	-	-20	71	19	36	-83	48	29
Changes in Operating Assets and Liabilities, net	4.60	148	-75	38	68	-1.60	-149	-66	-1.20	-4.10	-140
Net Cash From Investing Activities	-28	-63	-269	-182	-46	-174	-54	-609	-41	46	-19
Net Cash From Continuing Investing Activities	-28	-63	-269	-182	-46	-174	-54	-609	-41	46	-19
Purchase of Property, Plant & Equipment	-37	-64	-49	-42	-45	-77	-56	-41	-45	-45	-36
Acquisitions	-	-	-324	-146	-	-95	-1.20	-568	-0.50	-1.20	-6.70
Divestitures	8.70	3.30	106	6.40	0.80	0.60	5.00	0.90	4.60	93	2.50
Sale and/or Maturity of Investments	-	-	-	-	-	-	0.00	-	-	-	23
Other Investing Activities, net	0.50	-2.10	-2.30	-0.90	-1.20	-1.60	-1.80	-1.30	-0.50	-1.60	-1.60
Net Cash From Financing Activities	-147	-187	240	-24	-154	7.70	36	549	-43	-217	63
Net Cash From Continuing Financing Activities	-147	-187	240	-24	-154	7.70	36	549	-43	-217	63
Repayment of Debt	-503	-563	-534	-363	-782	-321	-457	-449	-771	-332	-623
Payment of Dividends	-29	-36	-29	-34	-30	-38	-30	-40	-33	-44	-33
Issuance of Debt	466	424	836	416	663	371	529	1,042	761	159	725
Other Financing Activities, net	-15	-	-12	-1.30	-	-	-6.80	-3.80	-	-	-6.40
Effect of Exchange Rate Changes	-16	-17	11	-7.50	-3.80	-15	11	-11	5.80	-12	-9.30

This table presents Greif's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	3,316	3,153	3,232	3,195	5,427	5,511	5,816	5,470	5,961	6,648
Total Current Assets	1,009	912	995	977	1,249	1,303	1,664	1,499	1,369	1,549
Cash & Equivalents	106	104	142	94	77	106	125	147	181	198
Accounts Receivable	404	399	447	457	664	637	890	749	659	747
Inventories, net	297	277	280	290	358	294	499	403	339	400
Prepaid Expenses	-	30	35	40	44	43	54	57	46	56
Other Current Assets	159	98	88	92	101	116	90	141	139	146
Other Current Nonoperating Assets	17	3.80	2.20	4.40	4.10	57	6.90	1.30	5.00	3.10
Plant, Property, & Equipment, net	1,269	1,223	1,239	1,243	1,690	1,527	1,521	1,455	1,563	1,652
Plant, Property & Equipment, gross	2,330	2,352	2,424	2,474	3,018	2,963	3,110	3,048	3,267	3,463
Accumulated Depreciation	1,112	1,180	1,236	1,282	1,328	1,436	1,589	1,593	1,704	1,811
Total Noncurrent Assets	1,039	1,018	999	975	2,487	2,681	2,631	2,516	3,029	3,446
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	1.20	31	38
Goodwill	807	786	785	776	1,518	1,518	1,515	1,465	1,693	1,954
Intangible Assets	133	111	98	81	777	715	648	576	792	937
Noncurrent Deferred & Refundable Income Taxes	7.80	9.00	11	7.90	16	11	16	10	23	37
Employee Benefit Assets	0.00	22	10	10	35	30	40	31	36	46
Other Noncurrent Operating Assets	91	90	94	100	142	407	411	433	454	434
Total Liabilities & Shareholders' Equity	3,316	3,153	3,232	3,195	5,427	5,511	5,816	5,470	5,961	6,648
Total Liabilities	2,256	2,163	2,153	2,005	4,214	4,247	4,216	3,660	3,849	4,400
Total Current Liabilities	647	659	688	670	825	1,000	1,314	1,048	939	1,014
Short-Term Debt	71	52	30	26	93	152	171	77	94	114
Accounts Payable	355	372	399	404	435	451	705	561	498	522
Current Employee Benefit Liabilities	84	94	112	114	142	122	160	174	138	157
Other Current Liabilities	133	142	147	126	155	232	278	235	210	221
Total Noncurrent Liabilities	1,609	1,504	1,465	1,335	3,389	3,290	2,902	2,612	2,910	3,386
Long-Term Debt	1,116	975	938	884	2,659	2,336	2,055	1,839	2,121	2,626
Asset Retirement Reserve & Litigation Obligation	8.20	6.80	7.10	6.80	19	20	20	19	17	19
Noncurrent Deferred Revenue	-	-	0.00	46	28	28	28	26	21	12
Noncurrent Deferred & Payable Income Tax Liabilities	215	193	218	180	313	339	318	344	326	295
Noncurrent Employee Benefit Liabilities	156	194	172	89	190	149	89	65	63	65
Other Noncurrent Operating Liabilities	114	136	131	129	181	418	393	319	362	369
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	0.00	32	32	36	21	20	24	16	125	130
Total Equity & Noncontrolling Interests	1,060	958	1,048	1,154	1,191	1,201	1,576	1,794	1,986	2,118
Total Preferred & Common Equity	1,016	947	1,011	1,108	1,133	1,152	1,514	1,761	1,948	2,082
Total Common Equity	1,016	947	1,011	1,108	1,133	1,152	1,514	1,761	1,948	2,082
Common Stock	139	141	144	151	-271	170	179	174	208	230
Retained Earnings	1,385	1,340	1,361	1,470	1,539	1,544	1,826	2,095	2,338	2,486
Treasury Stock	-131	-136	-136	-135	-135	-134	-134	-205	-282	-279
Accumulated Other Comprehensive Income / (Loss)	-377	-398	-358	-377	-	-428	-357	-302	-317	-355
Noncontrolling Interest	44	11	37	46	58	49	61	33	38	35

This table presents Greif's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Total Assets	5,626	5,691	5,912	5,874	5,969	6,829	6,835	6,586
Total Current Assets	1,648	1,472	1,482	1,443	1,389	1,614	1,713	1,597
Cash & Equivalents	128	161	159	158	179	196	194	201
Accounts Receivable	869	674	727	683	639	772	786	706
Inventories, net	479	441	400	388	369	412	421	417
Prepaid Expenses	55	64	58	54	67	63	57	86
Other Current Assets	117	130	136	157	130	165	253	183
Other Current Nonoperating Assets	0.30	1.30	1.80	4.50	5.40	6.50	3.60	4.20
Plant, Property, & Equipment, net	1,427	1,508	1,518	1,524	1,572	1,655	1,656	1,617
Plant, Property & Equipment, gross	3,013	3,161	3,209	3,234	3,329	3,438	3,445	3,431
Accumulated Depreciation	1,586	1,652	1,691	1,709	1,757	1,783	1,790	1,814
Total Noncurrent Assets	2,551	2,711	2,912	2,906	3,008	3,559	3,466	3,371
Noncurrent Note & Lease Receivables	-	33	33	32	31	40	38	37
Goodwill	1,473	1,541	1,650	1,647	1,704	1,968	1,950	1,942
Intangible Assets	597	696	763	746	774	980	962	908
Noncurrent Deferred & Refundable Income Taxes	14	11	11	11	24	34	29	33
Employee Benefit Assets	69	40	47	55	38	42	44	47
Other Noncurrent Operating Assets	399	391	409	415	438	496	443	405
Total Liabilities & Shareholders' Equity	5,626	5,691	5,912	5,874	5,969	6,829	6,835	6,586
Total Liabilities	3,873	3,793	3,944	3,830	3,808	4,656	4,609	4,376
Total Current Liabilities	1,116	881	937	951	883	1,026	1,010	1,218
Short-Term Debt	73	85	83	90	107	133	116	418
Accounts Payable	642	464	502	506	468	550	534	473
Current Employee Benefit Liabilities	144	96	122	125	102	135	141	107
Other Current Liabilities	257	235	230	231	207	209	220	220
Total Noncurrent Liabilities	2,757	2,913	3,007	2,879	2,925	3,630	3,599	3,158
Long-Term Debt	1,986	2,144	2,206	2,081	2,185	2,783	2,793	2,422
Asset Retirement Reserve & Litigation Obligation	20	19	20	19	18	18	19	20
Noncurrent Deferred Revenue	28	26	26	26	21	12	12	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	325	336	333	336	258	341	326	299
Noncurrent Employee Benefit Liabilities	80	67	68	68	62	62	62	64
Other Noncurrent Operating Liabilities	317	321	354	348	380	414	387	354
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	17	15	53	55	125	125	126	131
Total Equity & Noncontrolling Interests	1,737	1,882	1,915	1,989	2,036	2,047	2,100	2,079
Total Preferred & Common Equity	1,701	1,845	1,880	1,948	1,993	2,009	2,057	2,040
Total Common Equity	1,701	1,845	1,880	1,948	1,993	2,009	2,057	2,040
Common Stock	172	189	206	207	222	225	228	240
Retained Earnings	2,024	2,157	2,240	2,300	2,378	2,392	2,449	2,462
Treasury Stock	-194	-221	-278	-282	-280	-279	-279	-277
Accumulated Other Comprehensive Income / (Loss)	-302	-279	-288	-277	-328	-328	-342	-385
Noncontrolling Interest	36	37	35	41	44	38	43	39

This table displays calculated financial ratios and metrics derived from Greif's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-14.68%	-8.10%	9.47%	6.48%	18.62%	-1.74%	23.06%	14.28%	-17.81%	4.40%
EBITDA Growth	-18.05%	6.20%	10.63%	25.41%	26.15%	-9.66%	48.00%	2.88%	-0.88%	-12.88%
EBIT Growth	-20.93%	14.24%	20.22%	34.72%	13.03%	-23.86%	89.23%	7.18%	-3.48%	-23.10%
NOPAT Growth	64.36%	7.03%	66.75%	40.65%	4.10%	-30.96%	148.57%	-8.18%	0.46%	-7.86%
Net Income Growth	49.67%	12.35%	78.94%	69.87%	-15.38%	-35.99%	232.42%	-4.65%	-3.78%	-22.05%
EPS Growth	0.00%	0.00%	0.00%	76.19%	-67.46%	58.13%	258.42%	-3.36%	-2.27%	-24.89%
Operating Cash Flow Growth	-21.20%	45.90%	1.33%	-17.05%	53.95%	16.74%	-12.91%	66.04%	-1.22%	-45.19%
Free Cash Flow Firm Growth	-28.33%	27.22%	-39.01%	-12.26%	-981.41%	134.39%	-37.36%	68.15%	-117.65%	-117.67%
Invested Capital Growth	-6.73%	-10.24%	-0.35%	5.23%	94.02%	-8.90%	4.45%	-3.16%	15.74%	15.61%
Revenue Q/Q Growth	-4.73%	-0.03%	2.84%	0.51%	5.62%	-1.54%	8.11%	-1.28%	-3.47%	2.04%
EBITDA Q/Q Growth	-2.82%	6.27%	1.01%	9.56%	7.88%	-3.71%	4.68%	1.49%	-3.74%	3.65%
EBIT Q/Q Growth	-2.42%	11.36%	1.80%	13.75%	3.96%	-6.73%	7.11%	3.24%	-6.62%	4.24%
NOPAT Q/Q Growth	212.64%	-10.50%	29.09%	-0.89%	20.85%	-14.57%	13.52%	-2.12%	-4.04%	2.46%
Net Income Q/Q Growth	198.67%	-3.45%	32.58%	2.59%	14.30%	-14.92%	17.62%	-1.82%	-7.17%	0.78%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	308.04%	18.10%	-0.94%	-7.64%	0.69%
Operating Cash Flow Q/Q Growth	-5.54%	3.47%	22.93%	-1.06%	-0.46%	1.11%	-13.74%	29.38%	-11.34%	-4.38%
Free Cash Flow Firm Q/Q Growth	-37.54%	13.96%	-0.03%	32.74%	2.28%	11.52%	-30.30%	20.84%	-190.67%	52.86%
Invested Capital Q/Q Growth	-3.23%	-6.20%	-4.10%	-6.02%	-2.88%	-5.50%	0.07%	-2.90%	2.16%	-3.04%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	18.52%	20.61%	19.64%	20.37%	20.89%	20.26%	19.67%	20.24%	21.96%	19.65%
EBITDA Margin	8.96%	10.36%	10.47%	12.33%	13.11%	12.06%	14.50%	13.05%	15.74%	13.14%
Operating Margin	5.33%	6.79%	8.23%	9.56%	8.69%	6.75%	10.53%	9.78%	11.60%	8.53%
EBIT Margin	5.24%	6.52%	7.16%	9.06%	8.63%	6.69%	10.28%	9.64%	11.32%	8.34%
Profit (Net Income) Margin	1.86%	2.27%	3.71%	5.92%	4.23%	2.75%	7.44%	6.21%	7.26%	5.42%
Tax Burden Percent	58.54%	53.47%	67.45%	76.55%	74.12%	66.79%	86.34%	74.95%	76.63%	92.46%
Interest Burden Percent	60.55%	65.19%	76.92%	85.46%	66.08%	61.64%	83.77%	85.86%	83.71%	70.32%
Effective Tax Rate	42.16%	47.10%	33.55%	24.45%	26.98%	34.01%	14.54%	26.08%	23.81%	8.51%
Return on Invested Capital (ROIC)	5.06%	5.92%	10.45%	14.34%	9.90%	5.42%	13.83%	12.63%	11.95%	9.52%
ROIC Less NNEP Spread (ROIC-NNEP)	0.89%	1.50%	3.11%	8.17%	4.32%	2.34%	9.89%	9.25%	7.62%	3.85%
Return on Net Nonoperating Assets (RNNOA)	0.82%	1.45%	2.61%	5.89%	6.26%	4.79%	15.47%	10.48%	7.38%	4.04%
Return on Equity (ROE)	5.89%	7.37%	13.06%	20.23%	16.17%	10.22%	29.30%	23.11%	19.33%	13.56%
Cash Return on Invested Capital (CROIC)	12.03%	16.71%	10.79%	9.24%	-54.05%	14.74%	9.47%	15.84%	-2.63%	-4.96%
Operating Return on Assets (OROA)	5.43%	6.70%	8.16%	10.92%	9.20%	5.52%	10.09%	10.85%	10.34%	7.21%
Return on Assets (ROA)	1.92%	2.33%	4.23%	7.14%	4.51%	2.27%	7.30%	6.98%	6.63%	4.69%
Return on Common Equity (ROCE)	5.56%	7.06%	12.36%	18.89%	15.08%	9.60%	27.70%	22.20%	18.29%	12.54%
Return on Equity Simple (ROE_SIMPLE)	6.62%	7.97%	13.36%	20.72%	17.14%	10.79%	27.29%	22.37%	19.46%	14.19%
Net Operating Profit after Tax (NOPAT)	112	119	199	280	291	201	500	459	461	425
NOPAT Margin	3.08%	3.59%	5.47%	7.23%	6.34%	4.46%	9.00%	7.23%	8.84%	7.80%
Net Nonoperating Expense Percent (NNEP)	4.18%	4.42%	7.34%	6.17%	5.58%	3.08%	3.94%	3.38%	4.33%	5.67%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	12.38%	10.98%	8.75%
Cost of Revenue to Revenue	81.48%	79.39%	80.36%	79.64%	79.11%	79.74%	80.33%	79.76%	78.04%	80.35%
SG&A Expenses to Revenue	11.42%	11.34%	10.44%	10.25%	11.04%	11.43%	10.19%	9.15%	10.52%	11.65%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.19%	13.82%	11.41%	10.80%	12.20%	13.51%	9.14%	10.46%	10.36%	11.13%
Earnings before Interest and Taxes (EBIT)	190	217	260	351	397	302	571	612	591	455
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	324	344	381	478	603	544	806	829	822	716
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.13	1.81	2.08	1.67	1.42	1.53	1.92	1.67	1.46	1.40
Price to Tangible Book Value (P/TBV)	15.10	34.08	16.48	7.36	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.32	0.52	0.58	0.48	0.35	0.39	0.52	0.46	0.55	0.54
Price to Earnings (P/E)	15.92	22.94	17.72	8.83	9.42	16.22	7.44	7.79	7.94	10.87
Dividend Yield	7.02%	4.67%	3.83%	4.41%	5.27%	4.83%	2.97%	3.05%	3.32%	3.39%
Earnings Yield	6.28%	4.36%	5.64%	11.33%	10.61%	6.16%	13.44%	12.84%	12.60%	9.20%
Enterprise Value to Invested Capital (EV/IC)	1.07	1.41	1.57	1.37	1.12	1.19	1.38	1.33	1.22	1.18
Enterprise Value to Revenue (EV/Rev)	0.63	0.81	0.82	0.71	0.95	0.93	0.92	0.75	0.97	1.03
Enterprise Value to EBITDA (EV/EBITDA)	7.00	7.79	7.86	5.75	7.24	7.74	6.32	5.73	6.15	7.87
Enterprise Value to EBIT (EV/EBIT)	11.98	12.39	11.50	7.83	11.01	13.96	8.92	7.76	8.54	12.39
Enterprise Value to NOPAT (EV/NOPAT)	20.36	22.48	15.05	9.81	14.98	20.95	10.18	10.35	10.95	13.25
Enterprise Value to Operating Cash Flow (EV/OCF)	11.01	8.91	9.82	10.86	11.21	9.27	12.86	7.23	7.77	15.81
Enterprise Value to Free Cash Flow (EV/FCFF)	8.57	7.96	14.56	15.22	0.00	7.71	14.87	8.25	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.12	1.04	0.90	0.77	2.27	2.04	1.39	1.06	1.05	1.22
Long-Term Debt to Equity	1.05	0.98	0.87	0.74	2.19	1.91	1.28	1.02	1.00	1.17
Financial Leverage	0.93	0.97	0.84	0.72	1.45	2.05	1.56	1.13	0.97	1.05
Leverage Ratio	3.06	3.16	3.09	2.83	3.59	4.50	4.02	3.31	2.91	2.89
Compound Leverage Factor	1.85	2.06	2.37	2.42	2.37	2.77	3.36	2.84	2.44	2.03
Debt to Total Capital	52.84%	50.91%	47.27%	43.34%	69.42%	67.08%	58.18%	51.42%	51.20%	54.94%
Short-Term Debt to Total Capital	3.18%	2.56%	1.44%	1.24%	2.34%	4.09%	4.47%	2.06%	2.17%	2.29%
Long-Term Debt to Total Capital	49.66%	48.35%	45.83%	42.10%	67.07%	62.99%	53.72%	49.36%	49.03%	52.65%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.97%	2.10%	3.33%	3.90%	2.00%	1.85%	2.23%	1.31%	3.78%	3.31%
Common Equity to Total Capital	45.19%	47.00%	49.40%	52.75%	28.58%	31.08%	39.59%	47.27%	45.02%	41.75%
Debt to EBITDA	3.66	2.98	2.54	1.91	4.57	4.57	2.76	2.31	2.70	3.83
Net Debt to EBITDA	3.34	2.68	2.17	1.71	4.44	4.37	2.61	2.13	2.48	3.55
Long-Term Debt to EBITDA	3.44	2.83	2.46	1.85	4.41	4.29	2.55	2.22	2.58	3.67
Debt to NOPAT	10.65	8.60	4.86	3.25	9.44	12.36	4.45	4.17	4.80	6.45
Net Debt to NOPAT	9.70	7.73	4.15	2.92	9.18	11.84	4.20	3.85	4.41	5.98
Long-Term Debt to NOPAT	10.01	8.17	4.71	3.16	9.12	11.61	4.11	4.01	4.60	6.18
Altman Z-Score	2.30	2.45	2.68	2.89	1.81	1.71	2.20	2.65	2.28	2.06
Noncontrolling Interest Sharing Ratio	5.49%	4.23%	5.34%	6.61%	6.71%	6.07%	5.46%	3.94%	5.42%	7.54%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.56	1.38	1.45	1.46	1.51	1.30	1.27	1.43	1.46	1.53
Quick Ratio	0.79	0.76	0.86	0.82	0.90	0.74	0.77	0.86	0.89	0.93
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	265	337	206	180	-1,590	547	343	576	-102	-221
Operating Cash Flow to CapEx	151.91%	288.04%	315.08%	180.46%	248.41%	346.04%	281.45%	372.94%	304.07%	190.88%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	-72.28	0.00	0.00	22.68	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	17.70	0.00	0.00	25.89	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	10.58	0.00	0.00	18.94	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.04	1.03	1.14	1.21	1.07	0.83	0.98	1.13	0.91	0.86
Accounts Receivable Turnover	7.99	8.28	8.60	8.57	8.20	6.94	7.28	7.75	7.41	7.75
Inventory Turnover	8.69	9.19	10.50	10.84	11.22	11.05	11.26	11.22	10.98	11.86
Fixed Asset Turnover	2.75	2.67	2.96	3.12	3.13	2.81	3.65	4.27	3.46	3.39
Accounts Payable Turnover	7.13	7.26	7.58	7.68	8.67	8.13	7.73	8.00	7.69	8.59
Days Sales Outstanding (DSO)	45.67	44.09	42.45	42.57	44.52	52.58	50.13	47.10	49.26	47.11
Days Inventory Outstanding (DIO)	41.99	39.73	34.76	33.66	32.52	33.04	32.42	32.52	33.25	30.77
Days Payable Outstanding (DPO)	51.18	50.30	48.14	47.50	42.12	44.91	47.24	45.62	47.46	42.51
Cash Conversion Cycle (CCC)	36.48	33.51	29.07	28.73	34.91	40.71	35.31	34.00	35.04	35.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,126	1,908	1,902	2,001	3,883	3,537	3,695	3,578	4,141	4,787
Invested Capital Turnover	1.64	1.65	1.91	1.99	1.56	1.22	1.54	1.75	1.35	1.22
Increase / (Decrease) in Invested Capital	-154	-218	-6.60	100	1,882	-346	158	-117	563	646
Enterprise Value (EV)	2,271	2,683	2,994	2,747	4,365	4,215	5,093	4,751	5,049	5,630
Market Capitalization	1,145	1,718	2,101	1,849	1,611	1,765	2,907	2,933	2,851	2,922
Book Value per Share	$21.24	$19.82	$21.13	$23.10	$23.48	$23.78	$31.19	$36.99	$41.62	$44.14
Tangible Book Value per Share	$1.59	$1.05	$2.67	$5.24	($24.06)	($22.32)	($13.38)	($5.87)	($11.48)	($17.13)
Total Capital	2,248	2,016	2,046	2,100	3,964	3,708	3,825	3,726	4,327	4,988
Total Debt	1,188	1,026	967	910	2,752	2,487	2,226	1,916	2,215	2,741
Total Long-Term Debt	1,116	975	938	884	2,659	2,336	2,055	1,839	2,121	2,626
Net Debt	1,081	923	825	816	2,675	2,381	2,101	1,769	2,034	2,543
Capital Expenditures (CapEx)	136	105	97	140	157	131	141	176	214	187
Debt-free, Cash-free Net Working Capital (DFCFNWC)	327	201	194	238	439	348	396	381	343	452
Debt-free Net Working Capital (DFNWC)	433	305	336	333	517	454	521	528	524	649
Net Working Capital (NWC)	362	253	307	307	424	303	350	452	430	535
Net Nonoperating Expense (NNE)	44	44	64	50	97	77	87	65	82	130
Net Nonoperating Obligations (NNO)	1,066	919	823	812	2,671	2,317	2,095	1,768	2,029	2,540
Total Depreciation and Amortization (D&A)	135	128	121	127	206	243	234	217	231	261
Debt-free, Cash-free Net Working Capital to Revenue	9.03%	6.05%	5.33%	6.15%	9.56%	7.71%	7.13%	6.00%	6.57%	8.29%
Debt-free Net Working Capital to Revenue	11.97%	9.17%	9.24%	8.59%	11.24%	10.06%	9.37%	8.32%	10.03%	11.92%
Net Working Capital to Revenue	10.00%	7.62%	8.43%	7.91%	9.22%	6.70%	6.30%	7.11%	8.24%	9.82%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$7.22	$4.57	$16.41	$15.89	$15.54	$11.64
Adjusted Weighted Average Basic Shares Outstanding	47.81M	47.79M	47.84M	47.95M	48.27M	48.45M	48.56M	47.34M	46.81M	47.18M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$7.22	$4.57	$16.38	$15.83	$15.47	$11.62
Adjusted Weighted Average Diluted Shares Outstanding	47.81M	47.79M	47.84M	47.95M	48.27M	48.45M	48.56M	47.34M	46.81M	47.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	47.81M	47.79M	47.84M	47.95M	48.27M	48.45M	48.56M	47.34M	46.81M	47.18M
Normalized Net Operating Profit after Tax (NOPAT)	148	163	223	296	330	263	450	522	504	441
Normalized NOPAT Margin	4.10%	4.90%	6.12%	7.64%	7.19%	5.83%	8.10%	8.22%	9.65%	8.10%
Pre Tax Income Margin	3.17%	4.25%	5.51%	7.74%	5.70%	4.12%	8.61%	8.28%	9.48%	5.87%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	18.02	0.00	0.00	24.11	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	13.25	0.00	0.00	18.08	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	10.90	0.00	0.00	17.17	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	6.12	0.00	0.00	11.14	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	152.83%	137.22%	76.09%	45.58%	58.29%	94.69%	27.49%	32.61%	34.48%	49.64%
Augmented Payout Ratio	152.83%	152.05%	76.09%	45.58%	64.42%	94.69%	27.49%	52.31%	53.26%	49.64%

This table displays calculated financial ratios and metrics derived from Greif's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.81%	-5.22%	-18.75%	-21.50%	-17.99%	-12.53%	-5.13%	4.74%	9.31%	8.31%	4.98%
EBITDA Growth	7.95%	6.48%	60.90%	-5.74%	-15.97%	-15.90%	-42.27%	-29.98%	13.05%	14.94%	4.91%
EBIT Growth	14.48%	14.75%	118.71%	-8.38%	-23.29%	-28.05%	-60.94%	-44.73%	11.83%	17.21%	-0.50%
NOPAT Growth	19.62%	-7.60%	372.04%	-11.90%	-27.13%	-15.21%	28.51%	-45.56%	4.69%	9.97%	-73.07%
Net Income Growth	23.40%	-6.64%	400.54%	-8.45%	-33.81%	-28.56%	-20.19%	-55.17%	-3.21%	3.14%	-80.62%
EPS Growth	25.32%	-3.43%	795.35%	-8.78%	-34.34%	-30.33%	-24.16%	-59.83%	-3.59%	2.72%	-87.33%
Operating Cash Flow Growth	120.55%	108.74%	46.88%	51.44%	-3.34%	-29.00%	-86.32%	-58.49%	-62.04%	-8.01%	-784.44%
Free Cash Flow Firm Growth	-9.13%	848.57%	-1,338.70%	-412.54%	-248.78%	-298.65%	-3.15%	-204.98%	-203.19%	-15.85%	-233.98%
Invested Capital Growth	-0.21%	-3.16%	7.23%	9.93%	10.00%	15.74%	7.67%	19.28%	21.82%	15.61%	13.50%
Revenue Q/Q Growth	-2.71%	-7.79%	-15.03%	2.98%	1.64%	-1.65%	-7.84%	13.70%	6.07%	-2.55%	-10.68%
EBITDA Q/Q Growth	0.28%	-19.70%	3.79%	12.78%	-10.60%	-19.63%	-28.75%	36.77%	44.34%	-18.29%	-34.97%
EBIT Q/Q Growth	2.01%	-24.70%	2.48%	16.39%	-14.59%	-29.37%	-44.37%	64.72%	72.79%	-25.97%	-52.78%
NOPAT Q/Q Growth	4.91%	-27.60%	-4.76%	21.78%	-13.22%	-15.77%	44.36%	-48.41%	66.90%	-11.52%	-64.65%
Net Income Q/Q Growth	15.31%	-29.77%	-9.26%	24.60%	-16.64%	-24.20%	1.36%	-30.01%	80.00%	-19.23%	-80.95%
EPS Q/Q Growth	13.36%	-28.96%	-8.77%	24.16%	-18.41%	-24.62%	-0.68%	-34.25%	95.83%	-19.68%	-87.75%
Operating Cash Flow Q/Q Growth	50.36%	36.93%	-88.52%	540.73%	-4.03%	0.59%	-97.79%	1,844.44%	-12.23%	143.75%	-116.45%
Free Cash Flow Firm Q/Q Growth	124.63%	38.40%	-166.85%	-50.39%	-6.94%	-84.78%	65.29%	-344.67%	-6.31%	29.40%	-0.06%
Invested Capital Q/Q Growth	-1.12%	-2.90%	10.81%	3.33%	-1.06%	2.16%	3.08%	14.48%	1.05%	-3.04%	1.20%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.39%	20.73%	19.80%	23.82%	23.08%	21.07%	18.38%	19.70%	19.97%	20.37%	19.39%
EBITDA Margin	15.40%	13.41%	16.38%	17.94%	15.78%	12.89%	9.97%	11.99%	16.32%	13.68%	9.96%
Operating Margin	12.68%	10.26%	12.31%	13.84%	11.70%	8.59%	5.71%	7.16%	11.76%	8.93%	4.73%
EBIT Margin	12.23%	9.99%	12.05%	13.61%	11.44%	8.22%	4.96%	7.18%	11.70%	8.89%	4.70%
Profit (Net Income) Margin	9.01%	6.86%	7.32%	8.86%	7.27%	5.60%	6.16%	3.79%	6.44%	5.33%	1.14%
Tax Burden Percent	79.23%	77.43%	71.45%	74.94%	76.20%	88.63%	208.71%	76.13%	72.61%	87.10%	66.06%
Interest Burden Percent	92.94%	88.69%	85.11%	86.87%	83.38%	76.93%	59.53%	69.34%	75.73%	68.89%	36.64%
Effective Tax Rate	21.64%	23.92%	28.93%	25.26%	24.51%	11.97%	-107.30%	24.89%	28.08%	14.06%	35.78%
Return on Invested Capital (ROIC)	17.33%	13.62%	13.82%	15.06%	12.34%	10.23%	14.83%	6.24%	10.04%	9.37%	3.67%
ROIC Less NNEP Spread (ROIC-NNEP)	16.59%	12.89%	12.96%	14.12%	11.28%	8.88%	11.55%	5.35%	8.80%	7.92%	2.66%
Return on Net Nonoperating Assets (RNNOA)	20.73%	14.61%	15.63%	15.71%	11.71%	8.59%	11.87%	6.25%	9.73%	8.30%	2.88%
Return on Equity (ROE)	38.06%	28.23%	29.45%	30.77%	24.05%	18.82%	26.70%	12.49%	19.78%	17.67%	6.56%
Cash Return on Invested Capital (CROIC)	12.93%	15.84%	7.19%	3.95%	2.90%	-2.63%	3.88%	-8.51%	-10.45%	-4.96%	-5.04%
Operating Return on Assets (OROA)	13.86%	11.24%	12.73%	13.45%	10.76%	7.50%	4.38%	5.88%	9.83%	7.68%	4.12%
Return on Assets (ROA)	10.21%	7.72%	7.74%	8.76%	6.83%	5.12%	5.45%	3.11%	5.41%	4.61%	1.00%
Return on Common Equity (ROCE)	36.56%	27.12%	28.31%	29.63%	23.11%	17.80%	25.25%	11.73%	18.55%	16.34%	6.05%
Return on Equity Simple (ROE_SIMPLE)	23.59%	0.00%	25.39%	24.35%	20.96%	0.00%	18.08%	14.75%	14.25%	0.00%	11.55%
Net Operating Profit after Tax (NOPAT)	161	117	111	135	117	99	143	74	123	109	38
NOPAT Margin	9.94%	7.80%	8.75%	10.34%	8.83%	7.56%	11.85%	5.37%	8.46%	7.68%	3.04%
Net Nonoperating Expense Percent (NNEP)	0.74%	0.73%	0.86%	0.94%	1.05%	1.35%	3.28%	0.90%	1.24%	1.45%	1.02%
Return On Investment Capital (ROIC_SIMPLE)	-	3.15%	-	-	-	2.36%	3.30%	-	-	2.24%	0.78%
Cost of Revenue to Revenue	78.61%	79.27%	80.20%	76.18%	76.92%	78.93%	81.62%	80.30%	80.03%	79.63%	80.61%
SG&A Expenses to Revenue	8.73%	9.39%	10.97%	10.48%	10.20%	10.46%	12.09%	12.20%	11.28%	11.11%	13.25%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	8.70%	10.48%	7.49%	9.99%	11.38%	12.48%	12.66%	12.55%	8.21%	11.44%	14.66%
Earnings before Interest and Taxes (EBIT)	198	149	153	178	152	108	60	99	170	126	60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	250	201	208	235	210	169	120	164	237	194	126
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.91	1.67	1.76	1.54	1.72	1.46	1.42	1.44	1.53	1.40	1.42
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.51	0.46	0.54	0.51	0.62	0.55	0.55	0.55	0.59	0.54	0.52
Price to Earnings (P/E)	8.52	7.79	7.12	6.53	8.58	7.94	8.42	10.71	11.79	10.87	13.74
Dividend Yield	2.75%	3.05%	2.80%	3.22%	2.79%	3.32%	3.37%	3.36%	3.12%	3.39%	3.46%
Earnings Yield	11.73%	12.84%	14.04%	15.30%	11.66%	12.60%	11.88%	9.34%	8.48%	9.20%	7.28%
Enterprise Value to Invested Capital (EV/IC)	1.42	1.33	1.35	1.25	1.35	1.22	1.20	1.18	1.22	1.18	1.18
Enterprise Value to Revenue (EV/Rev)	0.81	0.75	0.89	0.90	1.01	0.97	0.99	1.11	1.13	1.03	1.03
Enterprise Value to EBITDA (EV/EBITDA)	6.41	5.73	5.92	5.72	6.40	6.15	6.97	8.70	8.73	7.87	7.89
Enterprise Value to EBIT (EV/EBIT)	8.83	7.76	7.72	7.52	8.63	8.54	10.28	13.81	13.82	12.39	12.54
Enterprise Value to NOPAT (EV/NOPAT)	11.16	10.35	9.90	9.73	11.36	10.95	11.03	14.16	14.53	13.25	16.44
Enterprise Value to Operating Cash Flow (EV/OCF)	10.30	7.23	8.04	6.91	7.46	7.77	8.24	11.59	16.19	15.81	17.76
Enterprise Value to Free Cash Flow (EV/FCFF)	10.98	8.25	19.50	33.03	48.70	0.00	32.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.17	1.06	1.17	1.16	1.06	1.05	1.06	1.34	1.31	1.22	1.29
Long-Term Debt to Equity	1.13	1.02	1.13	1.12	1.02	1.00	1.01	1.28	1.26	1.17	1.10
Financial Leverage	1.25	1.13	1.21	1.11	1.04	0.97	1.03	1.17	1.11	1.05	1.08
Leverage Ratio	3.46	3.31	3.30	3.11	3.03	2.91	2.87	3.08	2.98	2.89	2.87
Compound Leverage Factor	3.22	2.94	2.81	2.71	2.52	2.24	1.71	2.13	2.25	1.99	1.05
Debt to Total Capital	54.00%	51.42%	54.02%	53.78%	51.51%	51.20%	51.47%	57.30%	56.66%	54.94%	56.24%
Short-Term Debt to Total Capital	1.90%	2.06%	2.07%	1.95%	2.14%	2.17%	2.39%	2.62%	2.26%	2.29%	8.28%
Long-Term Debt to Total Capital	52.10%	49.36%	51.95%	51.83%	49.38%	49.03%	49.07%	54.69%	54.40%	52.65%	47.96%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.38%	1.31%	1.26%	2.06%	2.27%	3.78%	3.79%	3.22%	3.29%	3.31%	3.36%
Common Equity to Total Capital	44.62%	47.27%	44.72%	44.16%	46.22%	45.02%	44.74%	39.48%	40.05%	41.75%	40.40%
Debt to EBITDA	2.52	2.31	2.46	2.56	2.54	2.70	3.12	4.40	4.21	3.83	3.94
Net Debt to EBITDA	2.36	2.13	2.28	2.38	2.36	2.48	2.88	4.10	3.93	3.55	3.66
Long-Term Debt to EBITDA	2.43	2.22	2.36	2.47	2.44	2.58	2.98	4.20	4.04	3.67	3.36
Debt to NOPAT	4.39	4.17	4.11	4.36	4.52	4.80	4.94	7.16	7.01	6.45	8.20
Net Debt to NOPAT	4.12	3.85	3.81	4.06	4.19	4.41	4.56	6.67	6.55	5.98	7.62
Long-Term Debt to NOPAT	4.23	4.01	3.95	4.20	4.33	4.60	4.71	6.83	6.73	6.18	6.99
Altman Z-Score	2.38	2.37	2.32	2.14	2.18	2.02	2.00	1.78	1.90	1.90	1.85
Noncontrolling Interest Sharing Ratio	3.95%	3.94%	3.89%	3.72%	3.90%	5.42%	5.44%	6.07%	6.19%	7.54%	7.74%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.48	1.43	1.67	1.58	1.52	1.46	1.57	1.57	1.70	1.53	1.31
Quick Ratio	0.89	0.86	0.95	0.94	0.88	0.89	0.93	0.94	0.97	0.93	0.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	169	234	-156	-235	-251	-464	-161	-716	-761	-538	-538
Operating Cash Flow to CapEx	562.63%	447.11%	66.73%	504.31%	446.58%	263.60%	8.09%	213.41%	171.43%	415.08%	-86.27%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.13	1.13	1.06	0.99	0.94	0.91	0.88	0.82	0.84	0.86	0.88
Accounts Receivable Turnover	7.55	7.75	8.13	7.09	6.97	7.41	7.85	6.96	7.27	7.75	8.19
Inventory Turnover	11.04	11.22	10.35	10.23	9.76	10.98	9.97	10.20	10.59	11.86	11.24
Fixed Asset Turnover	4.41	4.27	4.08	3.86	3.66	3.46	3.35	3.29	3.36	3.39	3.45
Accounts Payable Turnover	7.94	8.00	8.88	7.98	7.36	7.69	8.66	7.87	8.24	8.59	9.38
Days Sales Outstanding (DSO)	48.33	47.10	44.91	51.48	52.37	49.26	46.51	52.45	50.19	47.11	44.57
Days Inventory Outstanding (DIO)	33.07	32.52	35.27	35.67	37.41	33.25	36.60	35.78	34.46	30.77	32.47
Days Payable Outstanding (DPO)	45.94	45.62	41.12	45.74	49.58	47.46	42.13	46.36	44.30	42.51	38.92
Cash Conversion Cycle (CCC)	35.46	34.00	39.06	41.41	40.21	35.04	40.98	41.88	40.34	35.37	38.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,685	3,578	3,965	4,097	4,053	4,141	4,268	4,886	4,938	4,787	4,845
Invested Capital Turnover	1.74	1.75	1.58	1.46	1.40	1.35	1.25	1.16	1.19	1.22	1.21
Increase / (Decrease) in Invested Capital	-7.60	-117	267	370	369	563	304	790	884	646	576
Enterprise Value (EV)	5,237	4,751	5,371	5,109	5,462	5,049	5,115	5,771	6,027	5,630	5,697
Market Capitalization	3,253	2,933	3,251	2,891	3,352	2,851	2,834	2,888	3,143	2,922	2,888
Book Value per Share	$34.98	$36.99	$38.98	$39.59	$41.63	$41.62	$42.57	$42.64	$43.63	$44.14	$43.25
Tangible Book Value per Share	($7.58)	($5.87)	($8.27)	($11.22)	($9.49)	($11.48)	($10.36)	($19.93)	($18.14)	($17.13)	($17.16)
Total Capital	3,812	3,726	4,127	4,257	4,215	4,327	4,453	5,089	5,135	4,988	5,050
Total Debt	2,059	1,916	2,229	2,289	2,172	2,215	2,292	2,916	2,910	2,741	2,840
Total Long-Term Debt	1,986	1,839	2,144	2,206	2,081	2,121	2,185	2,783	2,793	2,626	2,422
Net Debt	1,931	1,769	2,068	2,131	2,014	2,034	2,113	2,720	2,715	2,543	2,639
Capital Expenditures (CapEx)	37	64	49	42	45	77	56	41	45	45	36
Debt-free, Cash-free Net Working Capital (DFCFNWC)	477	381	515	469	425	343	434	525	625	452	596
Debt-free Net Working Capital (DFNWC)	604	528	676	627	582	524	613	721	819	649	797
Net Working Capital (NWC)	532	452	591	544	492	430	507	588	703	535	379
Net Nonoperating Expense (NNE)	15	14	18	19	21	26	69	22	29	33	24
Net Nonoperating Obligations (NNO)	1,931	1,768	2,067	2,129	2,009	2,029	2,107	2,714	2,712	2,540	2,635
Total Depreciation and Amortization (D&A)	51	51	55	57	58	61	60	66	67	68	67
Debt-free, Cash-free Net Working Capital to Revenue	7.41%	6.00%	8.51%	8.23%	7.85%	6.57%	8.42%	10.07%	11.71%	8.29%	10.82%
Debt-free Net Working Capital to Revenue	9.40%	8.32%	11.17%	11.01%	10.77%	10.03%	11.90%	13.82%	15.34%	11.92%	14.48%
Net Working Capital to Revenue	8.27%	7.11%	9.76%	9.55%	9.10%	8.24%	9.83%	11.27%	13.17%	9.82%	6.89%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.96	$4.25	$3.86	$4.79	$3.92	$2.97	$2.92	$1.92	$3.77	$3.03	$0.37
Adjusted Weighted Average Basic Shares Outstanding	48.22M	47.34M	47.37M	47.27M	46.81M	46.81M	46.86M	47.13M	47.15M	47.18M	47.23M
Adjusted Diluted Earnings per Share	$5.94	$4.22	$3.85	$4.78	$3.90	$2.94	$2.92	$1.92	$3.76	$3.02	$0.37
Adjusted Weighted Average Diluted Shares Outstanding	48.63M	47.34M	47.51M	47.68M	47.33M	46.81M	46.96M	47.25M	47.43M	47.18M	47.33M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	47.61M	47.34M	47.48M	46.80M	46.81M	46.81M	47.12M	47.14M	47.18M	47.18M	47.44M
Normalized Net Operating Profit after Tax (NOPAT)	161	127	119	138	129	122	53	77	124	113	49
Normalized NOPAT Margin	9.92%	8.49%	9.33%	10.53%	9.70%	9.34%	4.40%	5.64%	8.53%	7.95%	3.90%
Pre Tax Income Margin	11.37%	8.86%	10.25%	11.83%	9.54%	6.32%	2.95%	4.98%	8.86%	6.13%	1.72%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.05%	32.61%	27.19%	27.81%	31.51%	34.48%	36.50%	46.47%	47.95%	49.64%	63.67%
Augmented Payout Ratio	46.50%	52.31%	48.26%	58.50%	50.81%	53.26%	36.50%	49.27%	49.32%	49.64%	63.67%

Frequently Asked Questions About Greif's Financials

When does Greif's financial year end?

According to the most recent income statement we have on file, Greif's fiscal year ends in October. Their fiscal year 2024 ended on October 31, 2024.

How has Greif's net income changed over the last 9 years?

Greif's net income appears to be on an upward trend, with a most recent value of $295.50 million in 2024, rising from $67.20 million in 2015. The previous period was $379.10 million in 2023.

What is Greif's operating income?

Greif's total operating income in 2024 was $464.60 million, based on the following breakdown:

Total Gross Profit: $1.07 billion
Total Operating Expenses: $606.20 million

How has Greif revenue changed over the last 9 years?

Over the last 9 years, Greif's total revenue changed from $3.62 billion in 2015 to $5.45 billion in 2024, a change of 50.6%.

How much debt does Greif have?

Greif's total liabilities were at $4.40 billion at the end of 2024, a 14.3% increase from 2023, and a 95.1% increase since 2015.

How much cash does Greif have?

In the past 9 years, Greif's cash and equivalents has ranged from $77.30 million in 2019 to $197.70 million in 2024, and is currently $197.70 million as of their latest financial filing in 2024.

How has Greif's book value per share changed over the last 9 years?

Over the last 9 years, Greif's book value per share changed from 21.24 in 2015 to 44.14 in 2024, a change of 107.8%.

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This page (NYSE:GEF) was last updated on 4/15/2025 by MarketBeat.com Staff

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Greif (GEF) Financials

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Greif (GEF) Financials

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