Greif, Inc. (GEF-B) Balance Sheet
GEF-B balance sheet, FY2025
October 31, 2025 · U.S. dollars$5.77B assets = $2.72B liabilities + $3.04B equity
Both columns are drawn to the same scale: what GEF-B owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GEF-B financial health
Current ratio1.47
Adequate · current assets cover current liabilities 1.47×
Debt / equity0.54
Moderate leverage · $0.54 of debt for each $1 of equity
Equity / assets50.5%
Equity-funded · of assets funded by shareholders
Cash / debt16.4%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles44.0%
Acquisition-heavy · of total assets
Descriptive bands, not a rating. Fiscal FY2025.
GEF-B balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.17BFY2016 | $5.77BFY2025 | +6.9%/yr | |
| Total liabilities | $2.18BFY2016 | $2.72BFY2025 | +2.5%/yr | |
| Shareholders’ equity | $947.4MFY2016 | $2.91BFY2025 | +13.3%/yr | |
| Cash & short-term investments | $103.7MFY2016 | $256.7MFY2025 | +10.6%/yr | |
| Total debt | $1.03BFY2016 | $1.57BFY2025 | +4.8%/yr | |
| Net cash (debt) | −$922.5MFY2016 | −$1.31BFY2025 | −$389.8M | |
| Working capital | $261.1MFY2016 | $534.3MFY2025 | +$273.2M | |
| Book value per share | $19.81FY2016 | $61.24FY2025 | +13.4%/yr | |
| Current ratio | 1.40FY2016 | 1.47FY2025 | +0.08 | |
| Debt / equity | 1.08FY2016 | 0.54FY2025 | −0.54 | |
| Shares outstanding | 47.8MFY2016 | 47.6MFY2025 | −0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GEF-B assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
GEF-B liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
GEF-B debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GEF-B balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $256.7M | $197.7M | $180.9M | $147.1M | $124.6M | $105.9M | $77.3M | $94.2M | $142.3M | $103.7M |
| Cash & equivalents | $256.7M | $197.7M | $180.9M | $147.1M | $124.6M | $105.9M | $77.3M | $94.2M | $142.3M | $103.7M |
| Receivables | $655.3M | $746.9M | $659.4M | $749.1M | $889.5M | $636.6M | $664.2M | $456.7M | $447.0M | $399.2M |
| Inventory | $336.8M | $399.5M | $338.6M | $403.3M | $499.2M | $293.6M | $358.2M | $289.5M | $279.5M | $277.4M |
| Other current assets | $415.1M | $205.3M | $190.2M | $199.9M | $150.8M | $266.7M | $149.3M | $136.3M | $125.7M | $140.0M |
| Total current assets | $1.66B | $1.55B | $1.37B | $1.50B | $1.66B | $1.30B | $1.25B | $976.7M | $994.5M | $920.3M |
| Property, plant & equipment (net) | $1.32B | $1.74B | $1.88B | $1.48B | $1.59B | $1.61B | $1.69B | $1.19B | $1.19B | $1.16B |
| Goodwill & intangible assets | $2.54B | $2.89B | $2.49B | $2.04B | $2.16B | $2.23B | $2.29B | $856.6M | $883.4M | $897.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.9M | $0 |
| Other non-current assets | $243.8M | $463.6M | $223.1M | $445.7M | $401.9M | $364.5M | $193.1M | $169.6M | $157.1M | $192.2M |
| Total assets | $5.77B | $6.65B | $5.96B | $5.47B | $5.82B | $5.51B | $5.43B | $3.19B | $3.23B | $3.17B |
| Liabilities | ||||||||||
| Accounts payable | $429.6M | $521.9M | $497.8M | $561.3M | $704.5M | $450.7M | $435.2M | $403.8M | $399.2M | $372.0M |
| Short-term debt | $331.6M | $176.5M | $150.9M | $126.6M | $224.8M | $203.8M | $92.9M | $26.1M | $29.5M | $51.6M |
| Total current liabilities | $1.13B | $1.01B | $939.3M | $1.05B | $1.31B | $1.00B | $825.4M | $666.5M | $687.9M | $659.2M |
| Long-term debt | $0 | $2.63B | $2.12B | $1.84B | $2.05B | $2.34B | $2.66B | $884.1M | $937.8M | $974.6M |
| Lease obligations | — | $326.5M | $294.0M | $258.3M | $293.5M | $310.0M | — | — | — | — |
| Other long-term liabilities | $1.59B | $759.6M | $788.5M | $772.6M | $847.2M | $954.6M | $729.9M | $454.5M | $527.6M | $549.9M |
| Total liabilities | $2.72B | $4.40B | $3.85B | $3.66B | $4.22B | $4.29B | $4.21B | $2.01B | $2.15B | $2.18B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $247.3M | $230.3M | $208.4M | $173.5M | $179.3M | $170.2M | $162.6M | $150.5M | $144.2M | $141.4M |
| Retained earnings (deficit) | $3.19B | $2.49B | $2.34B | $2.10B | $1.83B | $1.54B | $1.54B | $1.47B | $1.36B | $1.34B |
| Treasury stock | — | — | — | — | −$134.1M | — | −$134.8M | −$135.4M | −$135.6M | −$135.6M |
| Accumulated other comprehensive income | −$250.8M | −$355.1M | −$316.5M | −$302.3M | −$356.5M | −$427.5M | −$433.7M | −$377.1M | −$358.2M | −$398.4M |
| Minority interest | — | $165.0M | $163.7M | $33.0M | $61.3M | — | $58.0M | $46.4M | $36.6M | $10.5M |
| Total shareholders' equity | $2.91B | $2.08B | $1.95B | $1.76B | $1.51B | $1.15B | $1.13B | $1.11B | $1.01B | $947.4M |
| Key figures | ||||||||||
| Total debt | $1.57B | $3.07B | $2.54B | $2.18B | $2.52B | $2.80B | $2.75B | $910.1M | $967.3M | $1.03B |
| Net cash (debt) | −$1.31B | −$2.87B | −$2.36B | −$2.03B | −$2.39B | −$2.69B | −$2.67B | −$815.9M | −$825.0M | −$922.5M |
| Working capital | $534.3M | $535.0M | $429.8M | $451.5M | $350.0M | $302.7M | $423.6M | $310.2M | $306.6M | $261.1M |
| Tangible book value | $377.5M | −$808.4M | −$537.3M | −$279.4M | −$649.5M | −$1.08B | −$1.16B | $251.2M | $127.5M | $50.4M |
| Book value per share | $61.24 | $44.02 | $41.03 | $36.24 | $31.12 | $23.81 | $23.50 | $23.09 | $21.13 | $19.81 |
| Shares outstanding | 47.6M | 47.3M | 47.5M | 48.6M | 48.7M | 48.4M | 48.2M | 48.0M | 47.8M | 47.8M |
| Current ratio | 1.47 | 1.53 | 1.46 | 1.43 | 1.27 | 1.30 | 1.51 | 1.47 | 1.45 | 1.40 |
| Quick ratio | 0.81 | 0.93 | 0.89 | 0.86 | 0.77 | 0.74 | 0.90 | 0.83 | 0.86 | 0.76 |
| Debt / equity | 0.54 | 1.47 | 1.30 | 1.24 | 1.66 | 2.43 | 2.43 | 0.82 | 0.96 | 1.08 |
| Equity / assets | 50.5% | 31.3% | 32.7% | 32.2% | 26.0% | 20.9% | 20.9% | 34.7% | 31.3% | 29.9% |
| Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | Jul '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $288.5M | $286.1M | $243.5M | $256.7M | $252.7M | $201.1M | $197.7M | $194.2M | $196.0M | $179.3M | $180.9M | $157.7M |
| Cash & equivalents | $288.5M | $286.1M | $243.5M | $256.7M | $252.7M | $201.1M | $197.7M | $194.2M | $196.0M | $179.3M | $180.9M | $157.7M |
| Receivables | $747.0M | $707.1M | $602.1M | $655.3M | $803.7M | $706.0M | $746.9M | $785.7M | $772.0M | $639.2M | $659.4M | $682.7M |
| Inventory | $379.6M | $340.0M | $349.4M | $336.8M | $430.7M | $416.7M | $399.5M | $420.7M | $411.7M | $368.5M | $338.6M | $387.7M |
| Other current assets | $219.9M | $230.6M | $245.4M | $415.1M | $267.3M | $273.3M | $205.3M | $312.7M | $234.5M | $202.3M | $190.2M | $215.3M |
| Total current assets | $1.64B | $1.56B | $1.44B | $1.66B | $1.75B | $1.60B | $1.55B | $1.71B | $1.61B | $1.39B | $1.37B | $1.44B |
| Property, plant & equipment (net) | $1.33B | $1.33B | $1.34B | $1.32B | $1.69B | $1.69B | $1.74B | $1.99B | $1.80B | $1.67B | $1.88B | $1.60B |
| Goodwill & intangible assets | $2.51B | $2.49B | $2.52B | $2.54B | $2.87B | $2.85B | $2.89B | $2.91B | $2.95B | $2.48B | $2.49B | $2.39B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $229.5M | $217.4M | $206.7M | $243.8M | $437.2M | $446.1M | $463.6M | $217.9M | $467.4M | $431.7M | $223.1M | $442.3M |
| Total assets | $5.70B | $5.60B | $5.50B | $5.77B | $6.75B | $6.59B | $6.65B | $6.83B | $6.83B | $5.97B | $5.96B | $5.87B |
| Liabilities | ||||||||||||
| Accounts payable | $497.3M | $500.9M | $402.1M | $429.6M | $531.6M | $473.3M | $521.9M | $533.6M | $549.5M | $468.0M | $497.8M | $505.8M |
| Short-term debt | $389.0M | $349.4M | $335.2M | $331.6M | $544.3M | $479.3M | $176.5M | $178.7M | $196.8M | $165.2M | $150.9M | $145.3M |
| Total current liabilities | $1.27B | $1.23B | $1.17B | $1.13B | $1.39B | $1.22B | $1.01B | $1.01B | $1.03B | $882.7M | $939.3M | $951.2M |
| Long-term debt | $687.4M | $701.2M | $655.1M | $2.22B | $2.29B | $2.42B | $2.63B | $2.79B | $2.78B | $2.19B | $2.12B | $2.08B |
| Lease obligations | $203.2M | $203.5M | $208.1M | $222.8M | $298.2M | $308.4M | $326.5M | $339.4M | $378.2M | $333.6M | $294.0M | $272.0M |
| Other long-term liabilities | $618.2M | $595.4M | $606.9M | $0 | $771.5M | $735.8M | $759.6M | $805.5M | $846.7M | $739.8M | $788.5M | $797.1M |
| Total liabilities | $2.57B | $2.52B | $2.43B | $2.72B | $4.45B | $4.38B | $4.40B | $4.61B | $4.66B | $3.81B | $3.85B | $3.83B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $295.8M | $294.0M | $249.3M | $247.3M | $243.2M | $240.3M | $230.3M | $228.4M | $225.0M | $222.1M | $208.4M | $207.2M |
| Retained earnings (deficit) | $3.36B | $3.32B | $3.34B | $3.19B | $2.48B | $2.46B | $2.49B | $2.45B | $2.39B | $2.38B | $2.34B | $2.30B |
| Accumulated other comprehensive income | −$239.2M | −$254.2M | −$238.9M | −$250.8M | −$308.7M | −$384.6M | −$355.1M | −$341.5M | −$328.1M | −$327.8M | −$316.5M | −$276.7M |
| Minority interest | $130.8M | $131.7M | $130.5M | $135.3M | $172.1M | — | — | — | — | — | — | — |
| Total shareholders' equity | $3.00B | $2.94B | $2.94B | $2.91B | $2.13B | $2.04B | $2.08B | $2.06B | $2.01B | $1.99B | $1.95B | $1.95B |
| Key figures | ||||||||||||
| Total debt | $1.23B | $1.21B | $1.15B | $1.57B | $3.07B | $3.15B | $3.07B | $3.25B | $3.29B | $2.63B | $2.54B | $2.48B |
| Net cash (debt) | −$945.1M | −$923.3M | −$908.6M | −$1.31B | −$2.82B | −$2.95B | −$2.87B | −$3.05B | −$3.10B | −$2.45B | −$2.36B | −$2.32B |
| Working capital | $366.6M | $337.7M | $271.5M | $534.3M | $368.6M | $379.3M | $535.0M | $703.1M | $587.8M | $506.6M | $429.8M | $492.2M |
| Tangible book value | $486.2M | $455.0M | $421.6M | $377.5M | −$735.0M | −$809.5M | −$808.4M | −$855.1M | −$939.3M | −$485.1M | −$537.3M | −$444.3M |
| Book value per share | $52.07 | $51.66 | $50.32 | $61.24 | $36.66 | $35.21 | $43.75 | $43.39 | $42.52 | $42.43 | $33.61 | $33.62 |
| Shares outstanding | 57.6M | 57.0M | 58.5M | 47.6M | 58.2M | 58.0M | 47.6M | 47.4M | 47.2M | 47.0M | 58.0M | 58.0M |
| Current ratio | 1.29 | 1.28 | 1.23 | 1.47 | 1.27 | 1.31 | 1.53 | 1.70 | 1.57 | 1.57 | 1.46 | 1.52 |
| Quick ratio | 0.82 | 0.81 | 0.72 | 0.81 | 0.76 | 0.74 | 0.93 | 0.97 | 0.94 | 0.93 | 0.89 | 0.88 |
| Debt / equity | 0.41 | 0.41 | 0.39 | 0.54 | 1.44 | 1.54 | 1.47 | 1.58 | 1.64 | 1.32 | 1.30 | 1.27 |
| Equity / assets | 52.6% | 52.6% | 53.5% | 50.5% | 31.6% | 31.0% | 31.3% | 30.1% | 29.4% | 33.4% | 32.7% | 33.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 10, 2025); data from EODHD.
GEF-B financial position
At the end of fiscal 2025 (October 31, 2025), Greif had total assets of $5.8 billion (down 13.2% from a year earlier), total liabilities of $2.7 billion and shareholders' equity of $2.9 billion. It held $256.7 million in cash and short-term investments against $1.6 billion of debt, net debt of $1.3 billion. Its current ratio was 1.47. In the latest quarter (ended April 30, 2026) total assets were $5.7 billion and equity $3.0 billion.
Related: GEF-B income statement, GEF-B cash flow statement, GEF-B key metrics. See the GEF-B stock overview for the latest quote and news.
GEF-B balance sheet FAQ
What are Greif's total assets?
Greif reported total assets of $5.8 billion at the end of fiscal 2025 (October 31, 2025), compared with $6.6 billion a year earlier.
How much debt does Greif have?
Greif had $1.6 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.54.
How much cash does Greif have?
Greif held $256.7 million in cash and short-term investments at the end of fiscal 2025; with $1.6 billion of debt that is net debt of $1.3 billion.
What is Greif's book value?
Greif's shareholders' equity (book value) was $2.9 billion at the end of fiscal 2025, or $61.24 per share.
What is Greif's current ratio?
Greif had current assets of $1.7 billion and current liabilities of $1.1 billion, a current ratio of 1.47 (it can cover its short-term obligations).
How much goodwill does Greif have?
Greif carried $2.5 billion of goodwill and intangible assets, 44.0% of total assets, at the end of fiscal 2025.