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EARNINGS PER SHARE (Tables)

12 Months Ended

Oct. 31, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Class Based Basic and Diluted Earnings Per Share

The Company calculates EPS as follows:

Basic Class A EPS

=

40% * Average Class A Shares Outstanding

*

Undistributed Net Income

+

Class A Dividends Per Share

40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding

Average Class A Shares Outstanding

Diluted Class A EPS

=

40% * Average Class A Shares Outstanding

*

Undistributed Net Income

+

Class A Dividends Per Share

40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding

Average Diluted Class A Shares Outstanding

Basic Class B EPS

=

60% * Average Class B Shares Outstanding

*

Undistributed Net Income

+

Class B Dividends Per Share

40% * Average Class A Shares Outstanding + 60% * Average Class B Shares Outstanding

Average Class B Shares Outstanding

* Diluted Class B EPS calculation is identical to Basic Class B calculation

Schedule of Computation of Earnings Per Share Basic and Diluted

The following table provides EPS information for each period, respectively:

			Year Ended October 31,
(in millions, except per share data)			2024						2023						2022
Numerator
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.			$	268.8					$	359.2					$	376.7
Cash dividends			(121.0)						(116.5)						(111.3)
Undistributed net income attributable to Greif, Inc.			$	147.8					$	242.7					$	265.4
Denominator
Denominator for basic EPS –
Class A common stock			25.8						25.6						26.3
Class B common stock			21.3						21.5						22.0
Denominator for diluted EPS –
Class A common stock			26.0						26.0						26.6
Class B common stock			21.3						21.5						22.0
EPS Basic
Class A common stock			$	4.66					$	6.22					$	6.36
Class B common stock			$	6.98					$	9.32					$	9.53
EPS Diluted
Class A common stock			$	4.64					$	6.15					$	6.30
Class B common stock			$	6.98					$	9.32					$	9.53

Schedule of Company's Class A and Class B Common and Treasury Shares

The following table summarizes the Company’s Class A and Class B common and treasury shares at the specified dates:

			Authorized Shares						Issued Shares						Outstanding Shares						Treasury Shares
October 31, 2024:
Class A common stock			128,000,000						42,281,920						25,850,270						16,431,650
Class B common stock			69,120,000						34,560,000						21,331,127						13,228,873
October 31, 2023:
Class A common stock			128,000,000						42,281,920						25,474,254						16,807,666
Class B common stock			69,120,000						34,560,000						21,331,127						13,228,873

Schedule of Reconciliation of Shares Used to Calculate Basic and Diluted Earnings Per Share

The following is a reconciliation of the shares used to calculate basic and diluted earnings per share:

			Year Ended October 31,
			2024						2023						2022
Class A Common Stock:
Basic shares			25,751,386						25,592,928						26,251,536
Assumed conversion of stock options and unvested shares			226,015						406,303						359,176
Diluted shares			25,977,401						25,999,231						26,610,712
Class B Common Stock:
Basic and diluted shares			21,331,127						21,472,531						21,995,865

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