Greif, Inc. income statement GEF-B

In fiscal 2025, which ended Sep 30, 2025, Greif, Inc. reported revenue of $3.9 billion, down 9.7% from the year before. Net income was $840.0 million, a profit margin of 21.4%. Operating income came to $167.6 million, an operating margin of 4.3%. Over the twelve months ended Mar 31, 2026, revenue was $3.3 billion and net income was $971.3 million. Across the 10 fiscal years shown, revenue grew from $3.3 billion in fiscal 2016 to $3.9 billion in fiscal 2025, about 1.9% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2026
Mar 31, 2026
FY 2025
Sep 30, 2025
FY 2024
Oct 31, 2024
FY 2023
Oct 31, 2023
FY 2022
Oct 31, 2022
FY 2021
Oct 31, 2021
FY 2020
Oct 31, 2020
FY 2019
Oct 31, 2019
FY 2018
Oct 31, 2018
FY 2017
Oct 31, 2017
FY 2016
Oct 31, 2016
Revenue
3,349
-24.4%
3,933
-9.7%
4,355
+4.3%
4,175
-34.2%
6,350
+14.3%
5,556
+23.1%
4,515
-1.7%
4,595
+18.6%
3,874
+6.5%
3,638
+9.5%
3,324
-8.1%
Cost of revenue
2,593
-25.0%
3,062
-11.4%
3,456
+6.4%
3,247
-35.9%
5,064
+13.5%
4,463
+24.0%
3,600
-1.0%
3,635
+17.8%
3,085
+5.5%
2,924
+10.8%
2,639
-10.5%
Gross profit
756
-22.2%
872
-3.1%
899
-3.2%
929
-27.8%
1,285
+17.6%
1,093
+19.5%
915
-4.7%
960
+21.7%
789
+10.4%
715
+4.4%
685
+2.3%
Selling, general and administrative
599
-2.9%
602
+2.0%
590
+15.6%
510
-12.2%
581
+2.7%
566
+9.7%
516
+1.7%
507
+27.7%
397
+4.6%
380
+0.8%
377
-8.8%
Restructuring and impairment
45
+122.5%
40
+646.3%
5
-71.1%
19
+43.8%
13
-43.7%
23
-40.3%
39
+48.3%
26
+40.3%
19
+46.5%
13
-52.8%
27
-32.8%
Operating income
281
-19.5%
168
-50.4%
338
-20.9%
427
-31.3%
621
+6.2%
585
+91.9%
305
-23.6%
399
+7.7%
370
+23.7%
300
+32.8%
226
+17.0%
Pretax income
261
-7.8%
104
-63.2%
282
-28.9%
396
-24.6%
526
+9.8%
479
+157.2%
186
-29.0%
262
-12.6%
300
+49.7%
200
+41.9%
141
+23.0%
Income tax
92
+13.6%
65
+191.9%
22
-77.4%
98
-28.4%
137
+97.0%
70
+10.0%
63
-10.5%
71
-3.5%
73
+9.1%
67
+1.1%
66
+37.4%
Net income
971
+355.8%
840
+212.5%
269
-25.2%
359
-4.6%
377
-3.6%
391
+259.1%
109
-36.4%
171
-18.3%
209
+76.6%
119
+58.3%
75
+4.2%
Other measures
Depreciation and amortization
221
-17.4%
237
-9.3%
261
+13.3%
231
+6.5%
217
-7.6%
234
-3.3%
242
+17.7%
206
+62.4%
127
+5.3%
120
-5.6%
128
-5.1%
EBITDA
502
-18.6%
404
-32.5%
599
-8.9%
657
-21.5%
838
+2.2%
820
+49.7%
547
-9.6%
605
+21.7%
497
+18.4%
420
+18.9%
353
+7.9%
Margins
Gross margin
22.58%
22.16%
20.65%
22.24%
20.24%
19.67%
20.26%
20.89%
20.37%
19.64%
20.61%
Operating margin
8.39%
4.26%
7.76%
10.22%
9.78%
10.53%
6.75%
8.69%
9.56%
8.23%
6.79%
Pretax margin
7.80%
2.64%
6.47%
9.49%
8.28%
8.61%
4.12%
5.70%
7.74%
5.51%
4.25%
Profit margin
29.00%
21.36%
6.17%
8.60%
5.93%
7.03%
2.41%
3.72%
5.41%
3.26%
2.25%
EBITDA margin
15.00%
10.28%
13.76%
15.74%
13.19%
14.75%
12.12%
13.17%
12.84%
11.54%
10.63%
Effective tax rate
35.20%
62.49%
7.88%
24.75%
26.08%
14.54%
34.01%
26.98%
24.45%
33.55%
47.10%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Metal Shipping Barrels, Drums, Kegs & Pails (SIC 3412)
Listed as
GEF (NYSE), GEF-B (NYSE)
Fiscal year ends
September 30
Incorporated in
DE
Headquarters
Delaware, OH
SEC filer status
Large accelerated filer
SEC CIK
43920
Former names
GREIF INC (until Sep 26, 2019); GREIF BROTHERS CORP (until Jun 5, 2003)

Source: SEC EDGAR filings. This is company-reported data, not investment advice.