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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2025
Jul. 31, 2024
Jul. 31, 2025
Jul. 31, 2024
Net sales $ 1,134.7 $ 1,164.9 $ 3,231.8 $ 3,247.9
Cost of products sold 877.4 920.0 2,519.9 2,576.7
Gross profit 257.3 244.9 711.9 671.2
Selling, general and administrative expenses 157.0 152.8 475.9 443.6
Acquisition and integration related costs 1.2 2.0 5.4 16.1
Restructuring and other charges 25.2 2.7 42.5 1.6
Non-cash asset impairment charges 3.4 0.2 27.8 1.9
Gain on disposal of properties, plants and equipment, net (2.6) (3.4) (3.7) (6.4)
Gain on disposal of properties, plants and equipment, net 0.0 (46.1) 1.4 (46.1)
Operating profit 73.1 136.7 162.6 260.5
Interest expense, net 14.5 18.8 46.3 29.4
Other expense, net 2.8 0.8 3.0 9.5
Income from continuing operations before income tax expense and equity earnings of unconsolidated affiliates, net 55.8 117.1 113.3 221.6
Income tax expense 11.8 33.5 38.0 16.0
Equity earnings of unconsolidated affiliates, net of tax (0.7) (0.9) (1.5) (2.1)
Net income from continuing operations 44.7 84.5 76.8 207.7
Net income from discontinued operations, net of tax 24.7 9.1 61.5 12.2
Net income 69.4 93.6 138.3 219.9
Net income attributable to noncontrolling interests (5.4) (6.5) (18.4) (21.2)
Net income attributable to Greif, Inc. $ 64.0 $ 87.1 $ 119.9 $ 198.7
Class A Common Stock        
Basic earnings per share attributable to Greif, Inc. common shareholders:        
Earnings from continuing operations per Class A and Class B common stock - basic (in usd per share) $ 0.67 $ 1.35 $ 1.01 $ 3.24
Earnings from discontinued operations per Class A and Class B common stock - basic (in usd per share) 0.43 0.16 1.06 0.21
Earnings per Class A and Class B common stock - basic (in usd per share) 1.10 1.51 2.07 3.45
Diluted earnings per share attributable to Greif, Inc. common shareholders:        
Earnings from continuing operations per Class A and Class B common stock - diluted (in usd per share) 0.67 1.34 1.01 3.23
Earnings from discontinued operations per Class A and Class B common stock - diluted (in usd per share) 0.43 0.16 1.06 0.21
Earnings per Class A and Class B common stock - diluted (in usd per share) $ 1.10 $ 1.50 $ 2.07 $ 3.44
Weighted-average number of Class A and Class B common shares outstanding:        
Basic (in shares) 26,143,295 25,821,732 26,055,141 25,718,597
Diluted (in shares) 26,277,830 26,099,557 26,163,519 25,881,593
Cash dividends declared per common share:        
Cash dividends declared per common share (in usd per share) $ 0.54 $ 0.52 $ 1.62 $ 1.56
Class B Common Stock        
Basic earnings per share attributable to Greif, Inc. common shareholders:        
Earnings from continuing operations per Class A and Class B common stock - basic (in usd per share) 1.02 2.02 1.51 4.84
Earnings from discontinued operations per Class A and Class B common stock - basic (in usd per share) 0.64 0.24 1.59 0.32
Earnings per Class A and Class B common stock - basic (in usd per share) 1.66 2.26 3.10 5.16
Diluted earnings per share attributable to Greif, Inc. common shareholders:        
Earnings from continuing operations per Class A and Class B common stock - diluted (in usd per share) 1.02 2.02 1.51 4.84
Earnings from discontinued operations per Class A and Class B common stock - diluted (in usd per share) 0.64 0.24 1.59 0.32
Earnings per Class A and Class B common stock - diluted (in usd per share) $ 1.66 $ 2.26 $ 3.10 $ 5.16
Weighted-average number of Class A and Class B common shares outstanding:        
Basic (in shares) 21,331,127 21,331,127 21,331,127 21,331,127
Diluted (in shares) 21,331,127 21,331,127 21,331,127 21,331,127
Cash dividends declared per common share:        
Cash dividends declared per common share (in usd per share) $ 0.81 $ 0.78 $ 2.42 $ 2.33