Stocks · Industrials · Metal Shipping Barrels, Drums, Kegs & Pails

GREIF, INC

GEF Clue Score55
United States Fiscal year ends September CIK 0000043920
$81.82 -0.07% Close, 9 Oct 2026
Price $81.82 +19.15% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue3,323.6Operating income225.6Net income74.9Fiscal year 2017Revenue3,638.2 +9.5%Operating income299.5Net income118.6 +58.3%Fiscal year 2018Revenue3,873.8 +6.5%Operating income370.5Net income209.4 +76.6%Fiscal year 2019Revenue4,595.0 +18.6%Operating income399.1Net income171.0 −18.3%Fiscal year 2020Revenue4,515.0 −1.7%Operating income304.9Net income108.8 −36.4%Fiscal year 2021Revenue5,556.1 +23.1%Operating income585.2Net income390.7 +259.1%Fiscal year 2022Revenue6,349.5 +14.3%Operating income621.2Net income376.7 −3.6%Fiscal year 2023Revenue5,218.6 −17.8%Operating income605.5Net income359.2 −4.6%Fiscal year 2024Revenue5,448.1 +4.4%Operating income464.6Net income268.8 −25.2%Fiscal year 2025Revenue3,933.1 −27.8%Operating income167.6Net income840.0 +212.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 3,323.6 3,638.2 3,873.8 4,595.0 4,515.0 5,556.1 6,349.5 5,218.6 5,448.1 3,933.1
Growth +9.5% +6.5% +18.6% −1.7% +23.1% +14.3% −17.8% +4.4% −27.8%
Operating income 225.6 299.5 370.5 399.1 304.9 585.2 621.2 605.5 464.6 167.6
Net income 74.9 118.6 209.4 171.0 108.8 390.7 376.7 359.2 268.8 840.0
Growth +58.3% +76.6% −18.3% −36.4% +259.1% −3.6% −4.6% −25.2% +212.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin20.6%Operating margin6.8%Net margin2.3%Free cash flow margin6.0%Fiscal year 2017Gross margin19.6%Operating margin8.2%Net margin3.3%Free cash flow margin5.7%Fiscal year 2018Gross margin20.4%Operating margin9.6%Net margin5.4%Free cash flow margin2.9%Fiscal year 2019Gross margin20.9%Operating margin8.7%Net margin3.7%Free cash flow margin5.1%Fiscal year 2020Gross margin20.3%Operating margin6.8%Net margin2.4%Fiscal year 2021Gross margin19.7%Operating margin10.5%Net margin7.0%Fiscal year 2022Gross margin20.2%Operating margin9.8%Net margin5.9%Fiscal year 2023Gross margin22.0%Operating margin11.6%Net margin6.9%Fiscal year 2024Gross margin19.7%Operating margin8.5%Net margin4.9%Fiscal year 2025Gross margin22.2%Operating margin4.3%Net margin21.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 20.6% 19.6% 20.4% 20.9% 20.3% 19.7% 20.2% 22.0% 19.7% 22.2%
Operating margin 6.8% 8.2% 9.6% 8.7% 6.8% 10.5% 9.8% 11.6% 8.5% 4.3%
Net margin 2.3% 3.3% 5.4% 3.7% 2.4% 7.0% 5.9% 6.9% 4.9% 21.4%
Free cash flow margin 6.0% 5.7% 2.9% 5.1% n/a n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow301.0Capital expenditure−100.1Free cash flow200.9Buybacks−5.2Dividends paid−98.7Fiscal year 2017Operating cash flow305.0Capital expenditure−96.8Free cash flow208.2 +3.6%Buybacks0.0Dividends paid−98.6Fiscal year 2018Operating cash flow253.0Capital expenditure−140.2Free cash flow112.8 −45.8%Buybacks0.0Dividends paid−100.0Fiscal year 2019Operating cash flow389.5Capital expenditure−156.8Free cash flow232.7 +106.3%Dividends paid−104.0Fiscal year 2020Operating cash flow454.7Buybacks0.0Dividends paid−104.3Fiscal year 2021Operating cash flow396.0Buybacks0.0Dividends paid−105.8Fiscal year 2022Operating cash flow657.5Buybacks−71.1Dividends paid−111.3Fiscal year 2023Operating cash flow649.5Buybacks−63.9Dividends paid−116.5Fiscal year 2024Operating cash flow356.0Buybacks0.0Dividends paid−121.0Fiscal year 2025Operating cash flow58.6Buybacks0.0Dividends paid−101.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 301.0 305.0 253.0 389.5 454.7 396.0 657.5 649.5 356.0 58.6
Capital expenditure −100.1 −96.8 −140.2 −156.8 n/a n/a n/a n/a n/a n/a
Free cash flow 200.9 208.2 112.8 232.7 n/a n/a n/a n/a n/a n/a
Growth +3.6% −45.8% +106.3%
Buybacks −5.2 0.0 0.0 n/a 0.0 0.0 −71.1 −63.9 0.0 0.0
Dividends paid −98.7 −98.6 −100.0 −104.0 −104.3 −105.8 −111.3 −116.5 −121.0 −101.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash103.7Total debt974.6Net cash (debt)−870.9Shareholders’ equity947.4Debt to equity1.03Fiscal year 2017Cash142.3Total debt952.8Net cash (debt)−810.5Shareholders’ equity1,010.9Debt to equity0.94Fiscal year 2018Cash94.2Total debt902.9Net cash (debt)−808.7Shareholders’ equity1,107.8Debt to equity0.82Fiscal year 2019Cash77.3Total debt2,742.7Net cash (debt)−2,665.4Shareholders’ equity1,133.1Debt to equity2.42Fiscal year 2020Cash105.9Total debt2,458.6Net cash (debt)−2,352.7Shareholders’ equity1,152.2Debt to equity2.13Fiscal year 2021Cash124.6Total debt2,175.1Net cash (debt)−2,050.5Shareholders’ equity1,514.3Debt to equity1.44Fiscal year 2022Cash147.1Total debt1,910.4Net cash (debt)−1,763.3Shareholders’ equity1,761.3Debt to equity1.08Fiscal year 2023Cash180.9Total debt2,209.7Net cash (debt)−2,028.8Shareholders’ equity1,947.9Debt to equity1.13Fiscal year 2024Cash197.7Total debt2,722.0Net cash (debt)−2,524.3Shareholders’ equity2,082.4Debt to equity1.31Fiscal year 2025Cash256.7Total debt914.8Net cash (debt)−658.1Shareholders’ equity2,914.9Debt to equity0.31
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 103.7 142.3 94.2 77.3 105.9 124.6 147.1 180.9 197.7 256.7
Total debt 974.6 952.8 902.9 2,742.7 2,458.6 2,175.1 1,910.4 2,209.7 2,722.0 914.8
Net cash (debt) −870.9 −810.5 −808.7 −2,665.4 −2,352.7 −2,050.5 −1,763.3 −2,028.8 −2,524.3 −658.1
Shareholders’ equity 947.4 1,010.9 1,107.8 1,133.1 1,152.2 1,514.3 1,761.3 1,947.9 2,082.4 2,914.9
Debt to equity 1.03 0.94 0.82 2.42 2.13 1.44 1.08 1.13 1.31 0.31

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending September, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Oct 2016 FY2017 31 Oct 2017 FY2018 31 Oct 2018 FY2019 31 Oct 2019 FY2020 31 Oct 2020 FY2021 31 Oct 2021 FY2022 31 Oct 2022 FY2023 31 Oct 2023 FY2024 31 Oct 2024 FY2025 30 Sep 2025
Margins
20.6% 19.6% 20.4% 20.9% 20.3% 19.7% 20.2% 22.0% 19.7% 22.2%
6.8% 8.2% 9.6% 8.7% 6.8% 10.5% 9.8% 11.6% 8.5% 4.3%
4.2% 5.5% 7.7% 5.7% 4.1% 8.6% 8.3% 9.5% 5.9% 2.6%
2.3% 3.3% 5.4% 3.7% 2.4% 7.0% 5.9% 6.9% 4.9% 21.4%
6.0% 5.7% 2.9% 5.1% n/a n/a n/a n/a n/a n/a
Spending
11.3% 10.4% 10.3% 11.0% 11.4% 10.2% 9.2% 10.5% 11.6% 15.3%
3.0% 2.7% 3.6% 3.4% n/a n/a n/a n/a n/a n/a
47.1% 33.5% 24.4% 27.0% 34.0% 14.5% 26.1% 23.8% 8.5% 62.5%
Returns
7.9% 11.7% 18.9% 15.1% 9.4% 25.8% 21.4% 18.4% 12.9% 28.8%
2.4% 3.7% 6.6% 3.2% 2.0% 6.7% 6.9% 6.0% 4.0% 14.6%
Balance and payout
1.03 0.94 0.82 2.42 2.13 1.44 1.08 1.13 1.31 0.31
131.8% 83.1% 47.8% 60.8% 95.9% 27.1% 29.5% 32.4% 45.0% 12.0%
51.7% 47.4% 88.7% 44.7% n/a n/a n/a n/a n/a n/a