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EARNINGS PER SHARE (Tables)

9 Months Ended

Jul. 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:

			Three Months Ended July 31,												Nine Months Ended July 31,
(in millions)			2024						2023						2024						2023
Numerator for basic and diluted EPS
Net income attributable to Greif, Inc.			$	87.1					$	90.3					$	198.7					$	291.4
Cash dividends			(30.1)						(28.8)						(89.8)						(86.7)
Undistributed earnings attributable to Greif, Inc.			$	57.0					$	61.5					$	108.9					$	204.7

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

The following table summarizes the shares of the Company’s Class A and Class B Common Stock as of the specified dates:

			Authorized Shares						Issued Shares						Outstanding Shares						Treasury Shares
July 31, 2024
Class A Common Stock			128,000,000						42,281,920						25,847,868						16,434,052
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:

			Three Months Ended July 31,												Nine Months Ended July 31,
			2024						2023						2024						2023
Class A Common Stock:
Basic shares			25,821,732						25,473,454						25,718,597						25,632,486
Assumed conversion of restricted shares			277,825						520,818						162,996						356,605
Diluted shares			26,099,557						25,994,272						25,881,593						25,989,091
Class B Common Stock:
Basic and diluted shares			21,331,127						21,339,943						21,331,127						21,519,665

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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