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QUARTERLY FINANCIAL DATA (UNAUDITED) | 11 Months Ended
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Sep. 30, 2025
Quarterly Financial Information Disclosure [Abstract] |
QUARTERLY FINANCIAL DATA (UNAUDITED) | QUARTERLY FINANCIAL DATA (UNAUDITED) The quarterly results of operations for 2025 and 2024 are shown below:
| 2025
(in millions, except per share amounts) | January 31, |  | April 30, |  | July 31, |  | September 30,
Net sales | $ | 995.8 |  |  | $ | 1,101.3 |  |  | $ | 1,134.7 |  |  | $ | 701.3 |
Costs of products sold | 801.1 |  |  | 841.4 |  |  | 877.4 |  |  | 541.7 |
Gross profit | 194.7 |  |  | 259.9 |  |  | 257.3 |  |  | 159.6 |
Selling, general and administrative expenses | 157.1 |  |  | 161.8 |  |  | 157.0 |  |  | 126.0 |
Acquisition and integration related costs | 2.2 |  |  | 2.0 |  |  | 1.2 |  |  | 1.7 |
Restructuring and other charges | 2.7 |  |  | 14.6 |  |  | 25.2 |  |  | 20.1 |
Non-cash asset impairment charges | 13.7 |  |  | 10.7 |  |  | 3.4 |  |  | 10.1 |
(Gain) loss on disposal of properties, plants and equipment, net | (1.6) |  |  | 0.5 |  |  | (2.6) |  |  | (3.8) |
Loss on disposal of businesses, net | 0.9 |  |  | 0.5 |  |  | — |  |  | 0.5 |
Operating profit | 19.7 |  |  | 69.8 |  |  | 73.1 |  |  | 5.0 |
Interest expense, net | 16.2 |  |  | 15.6 |  |  | 14.5 |  |  | 9.8 |
Other expense (income), net | 0.4 |  |  | (0.2) |  |  | 2.8 |  |  | 4.8 |
Income (loss) before income tax expense and equity earnings of unconsolidated affiliates, net | 3.1 |  |  | 54.4 |  |  | 55.8 |  |  | (9.6) |
Income tax expense | 2.6 |  |  | 23.6 |  |  | 11.8 |  |  | 26.8 |
Equity earnings of unconsolidated affiliates, net of tax | (0.4) |  |  | (0.4) |  |  | (0.7) |  |  | 2.2 |
Net income (loss) from continuing operations | 0.9 |  |  | 31.2 |  |  | 44.7 |  |  | (38.6) |
Net income from discontinued operations, net tax | 13.5 |  |  | 23.3 |  |  | 24.7 |  |  | 763.4 |
Net income | 14.4 |  |  | 54.5 |  |  | 69.4 |  |  | 724.8 |
Net income attributable to noncontrolling interests | (5.8) |  |  | (7.2) |  |  | (5.4) |  |  | (4.7) |
Net income attributable to Greif, Inc. | $ | 8.6 |  |  | $ | 47.3 |  |  | $ | 64.0 |  |  | $ | 720.1 |
Basic earnings (loss) per share attributable to Greif, Inc. common shareholders: |  |  |  |  |  |  |
Class A common stock (continued operations) - basic | $ | (0.08) |  |  | $ | 0.42 |  |  | $ | 0.67 |  |  | $ | (0.74) |
Class A common stock (discontinued operations) - basic | $ | 0.23 |  |  | $ | 0.40 |  |  | $ | 0.43 |  |  | $ | 13.14 |
Earnings per Class A common stock - basic | $ | 0.15 |  |  | $ | 0.82 |  |  | $ | 1.10 |  |  | $ | 12.40 |
Class B common stock (continued operations) - basic | $ | (0.13) |  |  | $ | 0.62 |  |  | $ | 1.02 |  |  | $ | (1.13) |
Class B common stock (discontinued operations) - basic | $ | 0.35 |  |  | $ | 0.60 |  |  | $ | 0.64 |  |  | $ | 19.72 |
Earnings per Class B common stock - basic | $ | 0.22 |  |  | $ | 1.22 |  |  | $ | 1.66 |  |  | $ | 18.59 |
Diluted earnings (loss) per share attributed to Greif, Inc. common shareholders: |  |  |  |  |  |  |
Class A common stock (continued operations) - diluted | $ | (0.08) |  |  | $ | 0.42 |  |  | $ | 0.67 |  |  | $ | (0.73) |
Class A common stock (discontinued operations) - diluted | $ | 0.23 |  |  | $ | 0.40 |  |  | $ | 0.43 |  |  | $ | 13.00 |
Earnings per Class A common stock - diluted | $ | 0.15 |  |  | $ | 0.82 |  |  | $ | 1.10 |  |  | $ | 12.27 |
Class B common stock (continued operations) - diluted | $ | (0.13) |  |  | $ | 0.62 |  |  | $ | 1.02 |  |  | $ | (1.13) |
Class B common stock (discontinued operations) - diluted | $ | 0.35 |  |  | $ | 0.60 |  |  | $ | 0.64 |  |  | $ | 19.72 |
Earnings per Class B common stock - diluted | $ | 0.22 |  |  | $ | 1.22 |  |  | $ | 1.66 |  |  | $ | 18.59 |
| 2024
(in millions, except per share amounts) | January 31, |  | April 30, |  | July 31, |  | October 31,
Net sales | $ | 965.5 |  |  | $ | 1,117.5 |  |  | $ | 1,164.9 |  |  | $ | 1,107.0 |
Costs of products sold | 781.8 |  |  | 874.9 |  |  | 920.0 |  |  | 879.1 |
Gross profit | 183.7 |  |  | 242.6 |  |  | 244.9 |  |  | 227.9 |
Selling, general and administrative expenses | 134.9 |  |  | 155.9 |  |  | 152.8 |  |  | 146.3 |
Acquisition and integration related costs | 2.6 |  |  | 11.5 |  |  | 2.0 |  |  | 2.4 |
Restructuring and other charges | 5.7 |  |  | (6.8) |  |  | 2.7 |  |  | 3.8 |
Non-cash asset impairment charges | 1.3 |  |  | 0.4 |  |  | 0.2 |  |  | 0.7 |
Gain on disposal of properties, plants and equipment, net | (2.7) |  |  | (0.3) |  |  | (3.4) |  |  | (2.7) |
(Gain) loss on disposal of businesses, net | — |  |  | — |  |  | (46.1) |  |  | 0.1 |
Operating profit | 41.9 |  |  | 81.9 |  |  | 136.7 |  |  | 77.3 |
Interest expense, net | 2.4 |  |  | 8.2 |  |  | 18.8 |  |  | 16.6 |
Other expense (income), net | 9.1 |  |  | (0.4) |  |  | 0.8 |  |  | 0.6 |
Income before income tax expense and equity earnings of unconsolidated affiliates, net | 30.4 |  |  | 74.1 |  |  | 117.1 |  |  | 60.1 |
Income tax (benefit) expense | (38.8) |  |  | 21.3 |  |  | 33.5 |  |  | 6.2 |
Equity earnings of unconsolidated affiliates, net of tax | (0.5) |  |  | (0.7) |  |  | (0.9) |  |  | (1.0) |
Net income from continuing operations | 69.7 |  |  | 53.5 |  |  | 84.5 |  |  | 54.9 |
Net income (loss) from discontinued operations, net tax | 4.6 |  |  | (1.5) |  |  | 9.1 |  |  | 20.7 |
Net income | 74.3 |  |  | 52.0 |  |  | 93.6 |  |  | 75.6 |
Net income attributable to noncontrolling interests | (7.1) |  |  | (7.6) |  |  | (6.5) |  |  | (5.5) |
Net income attributable to Greif, Inc. | $ | 67.2 |  |  | $ | 44.4 |  |  | $ | 87.1 |  |  | $ | 70.1 |
Basic earnings per share attributable to Greif, Inc. common shareholders: |  |  |  |  |  |  |
Class A common stock (continued operations) - basic | $ | 1.09 |  |  | $ | 0.80 |  |  | $ | 1.35 |  |  | $ | 0.85 |
Class A common stock (discontinued operations) - basic | $ | 0.08 |  |  | $ | (0.03) |  |  | $ | 0.16 |  |  | $ | 0.36 |
Earnings per Class A common stock - basic | $ | 1.17 |  |  | $ | 0.77 |  |  | $ | 1.51 |  |  | $ | 1.21 |
Class B common stock (continued operations) - basic | $ | 1.63 |  |  | $ | 1.19 |  |  | $ | 2.02 |  |  | $ | 1.29 |
Class B common stock (discontinued operations) - basic | $ | 0.12 |  |  | $ | (0.04) |  |  | $ | 0.24 |  |  | $ | 0.53 |
Earnings per Class B common stock - basic | $ | 1.75 |  |  | $ | 1.15 |  |  | $ | 2.26 |  |  | $ | 1.82 |
Diluted earnings per share attributed to Greif, Inc. common shareholders: |  |  |  |  |  |  |
Class A common stock (continued operations) - diluted | $ | 1.09 |  |  | $ | 0.80 |  |  | $ | 1.34 |  |  | $ | 0.85 |
Class A common stock (discontinued operations) - diluted | $ | 0.08 |  |  | $ | (0.03) |  |  | $ | 0.16 |  |  | $ | 0.35 |
Earnings per Class A common stock - diluted | $ | 1.17 |  |  | $ | 0.77 |  |  | $ | 1.50 |  |  | $ | 1.20 |
Class B common stock (continued operations) - diluted | $ | 1.63 |  |  | $ | 1.19 |  |  | $ | 2.02 |  |  | $ | 1.29 |
Class B common stock (discontinued operations) - diluted | $ | 0.12 |  |  | $ | (0.04) |  |  | $ | 0.24 |  |  | $ | 0.53 |
Earnings per Class B common stock - diluted | $ | 1.75 |  |  | $ | 1.15 |  |  | $ | 2.26 |  |  | $ | 1.82 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1B Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 270 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/270/tableOfContent + Details
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