← GREIF, INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | $413.2m | $394.0m | $379.1m | $295.5m | — | |
| Net Income (Loss) Attributable to Parent | $74.9m | $118.6m | $209.4m | $171.0m | $108.8m | $390.7m | $376.7m | $359.2m | $268.8m | $840.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $75.5m | $135.1m | $229.5m | $194.2m | $124.3m | $413.2m | $394.0m | $379.1m | $295.5m | $863.1m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | — | $15.1m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $38.2m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $824.9m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | — | $824.9m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $600k | $16.5m | $20.1m | $23.2m | $15.5m | $22.5m | $17.3m | $19.9m | $26.7m | $23.1m | |
| Depreciation, Depletion and Amortization | $127.7m | $120.5m | $126.9m | $206.1m | $242.5m | $234.4m | $216.6m | $230.6m | $261.3m | $236.9m | |
| Amortization of Intangible Assets | $16.8m | $13.5m | $15.2m | $53.2m | $69.1m | $66.9m | $58.2m | $71.9m | $91.5m | $88.4m | |
| Depreciation | $107.4m | $106.8m | $107.5m | $149.0m | $169.1m | $164.6m | $138.1m | $156.8m | $167.9m | $122.8m | |
| Depreciation Amortization Depletion | — | — | — | — | — | $234.4m | $216.6m | $230.6m | $261.3m | — | |
| Deferred Income Tax Expense (Benefit) | $1.5m | $2.3m | ($44.8m) | $2.1m | $16.7m | ($47.2m) | $13.4m | ($28.3m) | ($86.2m) | ($28.3m) | |
| Deferred Income Tax | — | — | — | — | — | ($47.2m) | $13.4m | ($28.7m) | ($86.2m) | — | |
| Deferred Tax | — | — | — | — | — | ($47.2m) | $13.4m | ($28.7m) | ($86.2m) | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $13.7m | $10.6m | $7.4m | |
| Share-based Payment Arrangement, Expense | $2.8m | $2.9m | $6.5m | $12.7m | ($1.2m) | $34.1m | $34.4m | $21.4m | $16.8m | $30.2m | |
| Goodwill, Impairment Loss | $0 | $13.0m | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | $4.2m | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | $4.7m | $4.8m | $4.4m | — | $9.9m | $25.1m | $59.6m | $54.3m | $30.3m | $2.6m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | $2.9m | — | — | — | $4.6m | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $8.9m | $71.0m | $20.3m | $2.6m | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | $3.7m | $8.1m | $2.5m | $8.8m | $7.5m | |
| Gain (Loss) on Disposition of Assets | ($14.5m) | ($1.7m) | $800k | ($3.7m) | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | ($14.5m) | — | — | — | — | — | — | $64.0m | $46.0m | $1.1b | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | ($38.8m) | ($200k) | $1.4m | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | $10.3m | $400k | $5.6m | $13.9m | $19.2m | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($22.0m) | $0 | $0 | ($25.4m) | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | $800k | $2.0m | $3.0m | $2.9m | $1.5m | $4.2m | $5.4m | $2.2m | $3.1m | ($700k) | |
| Income Tax Expense (Benefit) | $66.5m | $67.2m | $73.3m | $70.7m | $63.3m | $69.6m | $137.1m | $117.8m | $27.2m | $64.8m | |
| Other Nonoperating Income (Expense) | ($9.0m) | ($12.0m) | ($18.4m) | ($2.6m) | ($2.7m) | ($4.8m) | ($8.9m) | ($11.0m) | ($10.1m) | ($7.8m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $18.6m | $47.3m | $34.0m | ($55.1m) | $9.1m | $247.5m | ($25.1m) | ($130.3m) | $43.4m | ($1.9m) | |
| Increase (Decrease) in Inventories | ($3.4m) | $7.0m | $24.8m | ($33.9m) | ($27.1m) | $205.6m | ($6.1m) | ($101.0m) | $26.4m | $10.5m | |
| Increase (Decrease) in Accounts Payable | $39.4m | $20.5m | $24.3m | ($69.9m) | $38.1m | $230.4m | ($40.5m) | ($79.8m) | $18.9m | ($43.0m) | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($4.1m) | ($4.6m) | $700k | ($3.0m) | $4.2m | ($1.0m) | $1.6m | ($12.7m) | ($10.0m) | ($1.8m) | |
| Goodwill | $786.4m | $785.4m | $776.0m | $1.5b | $1.5b | $1.5b | $1.5b | $1.7b | $2.0b | $1.7b | |
| Proceeds from Stock Options Exercised | $0 | $0 | — | — | — | — | — | — | — | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $5.4m | $40.3m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $3.9b | $4.6b | $4.5b | $5.6b | $6.3b | $5.2b | $5.4b | $3.9b | |
| Beginning Cash Position | — | — | — | — | — | $105.9m | $124.6m | $147.1m | $180.9m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | ($422.9m) | ($531.0m) | $69.7m | $324.3m | — | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | $46.8m | ($28.2m) | ($670.2m) | ($658.3m) | — | |
| Change In Account Payable | — | — | — | — | — | $230.4m | ($40.5m) | ($79.8m) | $18.9m | — | |
| Change In Inventory | — | — | — | — | — | ($205.6m) | $6.1m | $101.0m | ($26.4m) | — | |
| Change In Other Working Capital | — | — | — | — | — | $60.9m | ($76.2m) | ($93.2m) | ($71.2m) | — | |
| Change In Payable | — | — | — | — | — | $230.4m | ($40.5m) | ($79.8m) | $18.9m | — | |
| Change In Payables And Accrued Expense | — | — | — | — | — | $230.4m | ($40.5m) | ($79.8m) | $18.9m | — | |
| Change In Receivables | — | — | — | — | — | ($247.5m) | $25.1m | $130.3m | ($43.4m) | — | |
| Change In Working Capital | — | — | — | — | — | ($161.8m) | ($85.5m) | $58.3m | ($122.1m) | — | |
| Changes In Account Receivables | — | — | — | — | — | ($247.5m) | $25.1m | $130.3m | ($43.4m) | — | |
| Changes In Cash | — | — | — | — | — | $20.4m | $98.3m | $49.0m | $22.0m | — | |
| End Cash Position | — | — | — | — | — | $124.6m | $147.1m | $180.9m | $197.7m | — | |
| Financing Cash Flow | — | — | — | — | — | ($422.9m) | ($531.0m) | $69.7m | $324.3m | — | |
| Free Cash Flow | — | — | — | — | — | $248.7m | $474.5m | $429.9m | $164.3m | — | |
| Gain Loss On Sale Of Business | — | — | — | — | — | $200k | ($1.4m) | ($64.0m) | ($46.0m) | — | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | ($99.4m) | ($8.1m) | ($2.5m) | ($8.8m) | — | |
| Investing Cash Flow | — | — | — | — | — | $46.8m | ($28.2m) | ($670.2m) | ($658.3m) | — | |
| Net Business Purchase And Sale | — | — | — | — | — | ($1.0m) | $134.5m | ($459.2m) | ($481.5m) | — | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | $1.0m | ($1.6m) | $12.7m | $10.0m | — | |
| Net PPE Purchase And Sale | — | — | — | — | — | $14.0m | ($162.7m) | ($211.0m) | ($176.8m) | — | |
| Operating Gains Losses | — | — | — | — | — | ($89.1m) | $11.5m | ($50.3m) | ($44.8m) | — | |
| Other Cash Adjustment Inside Changein Cash | — | — | — | — | — | $500k | $0 | $0 | — | — | |
| Other Non Cash Items | — | — | — | — | — | $37.6m | $36.5m | $40.2m | $49.7m | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | $9.1m | $0 | $3.5m | $0 | — | |
| Purchase Of Business | — | — | — | — | — | ($3.7m) | ($4.7m) | ($564.5m) | ($570.5m) | — | |
| Purchase Of PPE | $100.1m | $96.8m | $140.2m | $156.8m | — | ($147.3m) | ($183.0m) | ($219.6m) | ($191.7m) | — | |
| Repurchase Of Capital Stock | — | — | — | — | — | $0 | ($71.1m) | ($63.9m) | $0 | — | |
| Sale Of Business | — | — | — | — | — | $2.7m | $139.2m | $105.3m | $89.0m | — | |
| Sale Of PPE | — | — | — | — | — | $161.3m | $20.3m | $8.6m | $14.9m | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($100k) | ($25.9m) | — | — | — | — | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | ($27.1m) | ($1.3m) | $0 | ($300k) | ($9.1m) | $0 | ($3.5m) | $0 | $0 | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $301.0m | $305.0m | $253.0m | $389.5m | $454.7m | $396.0m | $657.5m | $649.5m | $356.0m | $58.6m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $100.1m | $96.8m | $140.2m | $156.8m | $131.4m | $140.7m | $176.3m | $213.6m | $186.5m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $400k | $0 | $0 | $1.9b | $0 | $0 | — | — | — | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | — | $0 | $0 | — | |
| Sale Of Investment | — | — | — | — | — | — | — | $0 | $0 | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | $5.8m | $4.7m | $0 | — | ($3.6m) | |
| Net Other Investing Changes | — | — | — | — | — | $33.8m | ($4.7m) | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($25.1m) | ($90.4m) | ($135.2m) | ($2.0b) | ($25.2m) | $46.8m | ($28.2m) | ($670.2m) | ($658.3m) | $1.7b | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $1.1b | $1.4b | $1.0b | $3.7b | $1.3b | $1.8b | $3.9b | $2.3b | $2.5b | $1.7b | |
| Issuance Of Debt | — | — | — | — | — | $1.9b | $4.2b | $2.5b | $2.8b | — | |
| Long Term Debt Issuance | — | — | — | — | — | $1.9b | $4.2b | $2.5b | $2.8b | — | |
| Net Issuance Payments Of Debt | — | — | — | — | — | ($266.0m) | ($289.1m) | $290.7m | $489.4m | — | |
| Net Long Term Debt Issuance | — | — | — | — | — | ($287.1m) | ($252.8m) | $291.4m | $501.7m | — | |
| Net Short Term Debt Issuance | — | — | — | — | — | $21.1m | ($36.3m) | ($700k) | ($12.3m) | — | |
| Repayments of Long-term Debt | $1.1b | $1.6b | $1.1b | $2.1b | $1.6b | $2.2b | $4.1b | $2.0b | $2.0b | $3.2b | |
| Long Term Debt Payments | — | — | — | — | — | ($2.2b) | ($4.5b) | ($2.2b) | ($2.3b) | — | |
| Repayment Of Debt | — | — | — | — | — | ($2.2b) | ($4.5b) | ($2.2b) | ($2.4b) | — | |
| Short Term Debt Payments | — | — | — | — | — | ($23.1m) | ($36.3m) | ($700k) | ($12.3m) | — | |
| Net Common Stock Issuance | — | — | — | — | — | $0 | ($71.1m) | ($63.9m) | $0 | — | |
| Payments for Repurchase of Common Stock | $5.2m | $0 | $0 | — | — | — | $71.1m | $63.9m | $0 | $0 | |
| Payments of Ordinary Dividends, Common Stock | $98.7m | $98.6m | $100.0m | $104.0m | $104.3m | $105.8m | $111.3m | $116.5m | $121.0m | $101.1m | |
| Common Stock Payments | — | — | — | — | — | $0 | ($71.1m) | ($63.9m) | $0 | — | |
| Proceeds from Noncontrolling Interests | $1.5m | $0 | $2.0m | $1.6m | $0 | $0 | — | — | — | — | |
| Dividends Payable, Current | — | — | — | — | — | — | — | — | — | $25.3m | |
| Cash Dividends Paid | — | — | — | — | — | ($105.8m) | ($111.3m) | ($116.5m) | ($121.0m) | — | |
| Common Stock Dividend Paid | — | — | — | — | — | ($105.8m) | ($111.3m) | ($116.5m) | ($121.0m) | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | ($5.4m) | ($7.8m) | ($6.4m) | |
| Net Other Financing Charges | — | — | — | — | — | ($51.1m) | ($59.5m) | ($40.6m) | ($44.1m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($272.8m) | ($175.6m) | ($158.3m) | $1.6b | ($405.3m) | ($422.9m) | ($531.0m) | $69.7m | $324.3m | ($1.7b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | — | ($5.2m) | $44.7m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | ($1.7m) | ($75.8m) | ($15.2m) | ($5.2m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($2.5m) | $38.6m | ($48.1m) | ($16.9m) | $28.6m | $18.7m | $22.5m | $33.8m | $16.8m | $59.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $124.6m | $147.1m | $180.9m | $197.7m | $256.7m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | $18.7m | $22.5m | $33.8m | $16.8m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($4.9m) | ($4.2m) | ($4.6m) | $161.8m | $119.9m | $104.5m | $70.3m | $112.9m | $157.1m | $137.4m | |
| Income Taxes Paid, Net | — | $53.4m | $65.2m | $71.4m | $65.1m | $54.7m | $157.0m | $155.2m | $107.5m | $434.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.