Greif, Inc. (GEF) Income Statement
GEF FY2025 at a glance
Fiscal year ended October 31, 2025 · U.S. dollarsGEF revenue and net income
Where GEF's revenue goes
FY2025Each bar shows an amount and its share of revenue. GEF kept 19.6% of revenue as net income.
GEF profit margins
GEF growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.0% | −12.2% | −1.0% | +1.7% |
| Gross profit | +6.6% | −9.6% | +0.8% | +3.6% |
| Operating income | −13.9% | −22.1% | −0.7% | +4.3% |
| Net income | +215.8% | +30.6% | +50.5% | +27.9% |
| EPS (diluted) | −31.7% | −29.9% | −3.4% | +2.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GEF quarterly EPS vs estimates
Greif beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 3, 2026 (estimate $1.09).
GEF income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.29B | $4.33B | $5.22B | $6.35B | $5.56B | $4.51B | $4.59B | $3.87B | $3.64B | $3.32B |
| Cost of revenue | $3.34B | $3.44B | $4.07B | $5.06B | $4.46B | $3.60B | $3.64B | $3.08B | $2.92B | $2.64B |
| Gross profit | $950.7M | $892.1M | $1.15B | $1.29B | $1.09B | $914.7M | $959.9M | $788.9M | $714.7M | $684.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $601.9M | $634.5M | $549.1M | $581.0M | $565.9M | $516.0M | $507.4M | $399.2M | $407.5M | $376.8M |
| Total operating expenses | $656.6M | $550.6M | $540.6M | $664.2M | $507.8M | $609.8M | $507.4M | $399.2M | $407.5M | $376.8M |
| Operating income | $294.1M | $341.6M | $605.5M | $621.2M | $585.2M | $304.9M | $399.1M | $370.5M | $272.4M | $225.6M |
| Interest income | $56.1M | $134.9M | $96.3M | $61.2M | $92.7M | $115.8M | $107.2M | $58.3M | $62.4M | $75.4M |
| Interest expense | $56.1M | $134.9M | $96.3M | $61.2M | $92.7M | $115.8M | $112.5M | $51.0M | $60.1M | $75.4M |
| Income before taxes | $112.4M | $289.2M | $496.9M | $531.1M | $482.8M | $187.6M | $262.0M | $299.8M | $200.3M | $141.2M |
| Income taxes | $70.7M | $20.6M | $117.8M | $137.1M | $69.6M | $63.3M | $70.7M | $73.3M | $67.2M | $66.5M |
| Net income | $840.0M | $266.0M | $359.2M | $376.7M | $390.7M | $108.8M | $171.0M | $209.4M | $118.6M | $74.9M |
| EBITDA | $440.3M | $569.3M | $834.1M | $803.5M | $805.7M | $601.8M | $595.0M | $478.2M | $380.6M | $344.3M |
| EPS (diluted) | $2.71 | $3.97 | $6.14 | $7.87 | $5.60 | $3.22 | $3.96 | $3.53 | $2.95 | $2.43 |
| Gross margin | 22.2% | 20.6% | 22.0% | 20.2% | 19.7% | 20.3% | 20.9% | 20.4% | 19.6% | 20.6% |
| Operating margin | 6.9% | 7.9% | 11.6% | 9.8% | 10.5% | 6.8% | 8.7% | 9.6% | 7.5% | 6.8% |
| Net margin | 19.6% | 6.1% | 6.9% | 5.9% | 7.0% | 2.4% | 3.7% | 5.4% | 3.3% | 2.3% |
| Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | Jul '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.17B | $1.07B | $994.8M | $146.9M | $1.39B | $1.27B | $724.9M | $1.16B | $877.2M | $1.21B | $1.31B | $1.33B |
| Cost of revenue | $893.0M | $825.8M | $792.2M | $97.7M | $1.07B | $1.02B | $578.3M | $920.0M | $672.5M | $984.2M | $1.03B | $1.02B |
| Gross profit | $272.6M | $247.0M | $202.6M | $49.2M | $319.5M | $245.5M | $146.6M | $244.9M | $204.7M | $221.6M | $275.7M | $307.0M |
| Sales, general & admin | $149.5M | $191.7M | $146.1M | $157.0M | $172.6M | $167.7M | $157.5M | $164.0M | $167.2M | $145.8M | $136.8M | $135.7M |
| Total operating expenses | $149.5M | $191.7M | $146.1M | $133.2M | $200.9M | $185.6M | $94.0M | $108.2M | $149.8M | $152.7M | $163.3M | $151.4M |
| Operating income | $123.1M | $55.3M | $56.5M | −$84.0M | $118.6M | $59.9M | $52.6M | $136.7M | $54.9M | $68.9M | $112.4M | $155.6M |
| Interest income | — | — | $9.7M | $14.5M | $34.9M | $37.7M | $39.2M | — | — | — | — | $25.3M |
| Interest expense | $7.7M | $10.0M | $9.7M | $31.0M | $34.9M | $37.7M | $39.2M | $41.3M | $30.2M | $24.2M | $24.8M | $25.3M |
| Income before taxes | $99.9M | $22.2M | $241.8M | −$60.0M | $84.3M | $22.2M | $41.4M | $118.0M | $72.7M | $36.1M | $83.2M | $127.8M |
| Income taxes | $17.3M | $5.9M | $58.9M | $15.4M | $29.8M | $7.8M | $2.9M | $33.5M | $20.7M | −$38.2M | $9.9M | $31.1M |
| Net income | $77.8M | $12.6M | $174.6M | $720.1M | $47.3M | $8.6M | $45.1M | $87.1M | $44.4M | $67.2M | $67.8M | $90.3M |
| EBITDA | $165.0M | $89.4M | $312.5M | −$50.3M | $185.2M | $126.1M | $122.6M | $161.6M | $128.0M | $120.2M | $201.7M | $230.6M |
| EPS (diluted) | $1.61 | $1.10 | $0.48 | $1.03 | $0.81 | $0.39 | $0.85 | $1.03 | $0.82 | $1.27 | $1.56 | $1.75 |
| Gross margin | 23.4% | 23.0% | 20.4% | 33.5% | 23.1% | 19.4% | 20.2% | 21.0% | 23.3% | 18.4% | 21.1% | 23.1% |
| Operating margin | 10.6% | 5.2% | 5.7% | −57.2% | 8.6% | 4.7% | 7.3% | 11.7% | 6.3% | 5.7% | 8.6% | 11.7% |
| Net margin | 6.7% | 1.2% | 17.6% | 490.2% | 3.4% | 0.7% | 6.2% | 7.5% | 5.1% | 5.6% | 5.2% | 6.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GEF's financial statements (latest annual report filed November 10, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GEF financial results
In fiscal year 2025 (ended October 31, 2025), Greif reported revenue of $4.3 billion, down 1.0% from the year before. It had net income of $840.0 million (up 215.8%), a net profit margin of 19.6%. Diluted earnings per share came to $2.71. Over five years revenue grew at an average rate of −1.0% a year.
See the GEF stock overview for the latest quote and news, or the GEF chart for price history and technical indicators.
GEF income statement FAQ
What is Greif's annual revenue?
Greif reported total revenue of $4.3 billion for fiscal year 2025, which ended on October 31, 2025. That was down 1.0% from $4.3 billion the previous year.
Is Greif profitable?
Yes. Greif reported net income of $840.0 million in fiscal 2025, a net profit margin of 19.6%; its operating margin was 6.9%.
What is Greif's gross margin?
Greif's gross margin was 22.2% in fiscal 2025: for every $100 of revenue, Greif kept $22 after the direct cost of its products and services.
How fast is Greif growing?
Revenue grew −1.0% a year on average over the last five fiscal years, from $4.5 billion to $4.3 billion.
What are Greif's earnings per share?
Greif earned $2.71 per diluted share in fiscal 2025, compared with $3.97 a year earlier.
When will Greif report its next earnings?
Greif is expected to report results for the quarter ending October 31, 2026 on November 3, 2026 after the market closes.
When does Greif's fiscal year end?
Greif's fiscal year ends in October. The latest annual report covers the year ended October 31, 2025 and was filed on November 10, 2025.