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Greif 10-Q Filings

GEF NYSE

Every 10-Q that Greif (GEF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow GEF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GEF filings page.

Rhea-AI Summary

Greif, Inc. delivered stronger results for the quarter ended June 30, 2026. Net sales were $1,165.6 million and net income attributable to Greif was $77.8 million, up from $54.8 million a year earlier. For the nine months, continuing net sales were $3,233.2 million and net income attributable to Greif rose to $265.0 million from $116.7 million. Operating profit from continuing operations increased to $399.9 million versus $158.5 million, supported by a $216.2 million gain on the Soterra timberland sale, lower interest expense, reduced impairment charges and ongoing cost actions, partially offset by higher restructuring charges of $42.0 million and a $49.3 million discrete tax expense linked to the Soterra divestiture.

All four segments were profitable in the quarter, led by Durable Metal Solutions with $52.7 million of operating profit and Customized Polymer Solutions with $32.8 million. The Envaplast acquisition in Spain added a premium small polymer container business for $61.7 million and generated $27.0 million of goodwill in Customized Polymer Solutions. Net cash from operating activities declined to $170.0 million from $286.1 million, while investing activities generated $299.7 million, including $464.0 million of proceeds from asset sales. Under new 2026 Credit Agreements, $703.8 million was outstanding; long-term debt fell to $687.4 million, and total shareholders’ equity increased to $3,037.8 million amid $150.1 million of share repurchases and higher dividends.

Rhea-AI Summary

Greif, Inc. reported mixed second‑quarter 2026 results as it reshaped its portfolio and balance sheet. Net sales were $1,072.8 million, nearly flat year over year, while gross profit was $247.0 million with a stable 23.0% margin.

Quarterly net income was $16.3 million, down from $25.1 million, mainly because selling, general and administrative costs rose to $191.7 million, including a large special charitable contribution. However, Adjusted EBITDA improved to $156.8 million from $145.9 million, helped by lower raw material costs and restructuring.

For the first six months, net income reached $197.2 million, boosted by a $216.2 million gain on the $462.0 million Soterra land divestiture. Greif also completed the $1,804.7 million Containerboard Business sale, used proceeds to repay debt, refinanced into new 2026 credit agreements, and repurchased about 2.2 million Class A and B shares.

Rhea-AI Summary

Greif, Inc. reported first-quarter 2026 results showing sharply higher profitability driven by a major asset sale and solid underlying operations. Net sales were $994.8 million, slightly below the prior year’s $1,016.7 million as volumes softened in several businesses.

Net income rose to $180.9 million from $26.7 million, largely reflecting a $216.2 million gain on the sale of the Soterra timberland assets, with proceeds used to repay debt. Adjusted EBITDA increased to $122.5 million from $98.8 million as lower raw material and SG&A costs offset weaker demand.

Greif reduced long-term debt to $655.1 million from $914.8 million at September 30, 2025 and repurchased about $128.1 million of stock under its 2017 authorization. The company continues restructuring programs, with $26.6 million of expected remaining charges as it adjusts its portfolio and cost base amid a soft industrial economy.

Rhea-AI Summary

Greif, Inc. reported a period of strategic portfolio reconfiguration and balance sheet activity. The company agreed to sell its Containerboard Business for $1,800.0 million and its Soterra land management business for approximately $462.0 million, with net proceeds designated for debt repayment. Greif completed the $582.1 million acquisition of Ipackchem in March 2024 and is integrating that business into its Customized Polymer Solutions reporting structure. The company recorded restructuring charges of $12.7 million in the quarter and $26.6 million year-to-date and recognized impairment and held-for-sale charges totaling $23.1 million plus $4.7 million in net assets held for sale. Total outstanding borrowings under the 2022 and 2023 credit agreements were $2,320.1 million as of July 31, 2025, with a weighted average interest rate of 5.86% year-to-date. Income tax expense was $38.0 million for the nine months ended July 31, 2025 versus $16.0 million in the prior year period.