Greif

OverviewSuggest Edit

Greif is a provider of industrial packaging products and services. it offers plastic drums, intermediate bulk containers, jerrycans, water bottles, container liners, land management, corrugated specialty products, corrugated sheets, etc. The company caters to chemical, food, pharmaceutical, mining and construction, and other markets.
TypePublic
Founded1877
HQDelaware, OH, US
Websitegreif.com
Employee Ratings3.6
Overall CultureD

Latest Updates

Employees (est.) (Oct 2021)16,000
Job Openings437
Revenue (FY, 2021)$5.6 B(+24%)
Share Price (Jun 2022)$63.3
Cybersecurity ratingCMore
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Key People/Management at Greif

Ole Rosgaard

Ole Rosgaard

President and Chief Executive Officer
Larry A. Hilsheimer

Larry A. Hilsheimer

Executive Vice President, Chief Financial Officer
Gary R. Martz

Gary R. Martz

Executive Vice President, General Counsel and Secretary
Bala V. Sathyanarayanan

Bala V. Sathyanarayanan

Executive Vice President and Chief Human Resources Officer
Matt Eichmann

Matt Eichmann

Vice President, Chief Marketing and Sustainability Officer
Matt Leahy

Matt Leahy

Vice President, Corporate Development & Investor Relations
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Greif Office Locations

Greif has offices in Delaware, Auburndale, Cheektowaga, Houston and in 60 other locations
Delaware, OH, US (HQ)
425 Winter Rd
Auburndale, FL, US
211 Sandra Jackson Rd
Cheektowaga, NY, US
25 Dewberry Ln
Houston, TX, US
14200 Hollister Rd #100
Lithonia, GA, US
2000 Lithonia Industrial Blvd
Mason, MI, US
700 Eden Rd
Show all (64)

Greif Financials and Metrics

Greif Revenue

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View revenue for all periods
Greif's revenue was reported to be $5.56 b in FY, 2021
USD

Revenue (Q1, 2022)

1.6b

Gross profit (Q1, 2022)

289.7m

Gross profit margin (Q1, 2022), %

18.5%

Net income (Q1, 2022)

18.6m

EBIT (Q1, 2022)

72.0m

Market capitalization (24-Jun-2022)

3.1b

Closing stock price (24-Jun-2022)

63.3

Cash (31-Jan-2022)

119.7m

EV

5.5b
Greif's current market capitalization is $3.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

3.9b4.6b4.5b5.6b

Revenue growth, %

19%(2%)

Cost of goods sold

3.1b3.6b3.6b4.5b

Gross profit

788.9m1.3b914.7m1.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

897.0m1.2b1.3b1.1b1.2b1.1b1.1b1.3b1.5b1.6b

Cost of goods sold

724.2m964.6m973.2m889.8m917.6m863.3m934.3m1.1b1.2b1.3b

Gross profit

172.8m248.7m279.4m222.6m240.7m219.7m212.2m265.9m318.8m289.7m

Gross profit Margin, %

19%20%22%20%21%20%19%20%21%19%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Cash

107.0m127.4m91.7m78.1m85.1m106.2m103.7m142.3m94.2m77.3m105.9m124.6m

Accounts Receivable

480.2m568.6m453.9m399.2m447.0m456.7m664.2m636.6m889.5m

Prepaid Expenses

134.3m140.0m117.2m39.8m101.2m43.0m54.0m

Inventories

396.6m432.5m374.3m375.3m381.1m297.0m277.4m279.5m289.5m358.2m293.6m499.2m
Quarterly
USDQ3, 2010Q1, 2011Q2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

84.2m117.7m95.5m109.1m104.9m91.7m91.6m85.6m94.9m82.0m87.4m65.0m55.8m67.4m101.7m65.3m89.6m94.3m106.8m87.0m94.6m100.9m84.5m89.8m75.8m90.8m72.4m98.5m101.4m110.4m99.8m119.7m

Accounts Receivable

464.8m475.8m521.4m588.8m503.9m492.8m443.0m471.8m489.2m489.2m469.2m561.4m704.8m720.3m641.7m640.5m624.5m679.7m751.1m834.7m816.1m

Prepaid Expenses

137.5m142.3m149.4m149.0m142.4m133.3m174.6m146.5m129.2m158.4m144.0m43.6m51.3m51.7m50.2m54.8m49.8m49.0m52.6m58.7m82.0m51.9m

Inventories

353.0m414.8m456.1m484.8m385.9m398.2m389.3m392.5m399.8m398.1m407.1m411.0m382.2m363.2m334.7m295.9m290.3m288.5m304.2m330.6m336.8m88.0m326.6m421.5m413.5m370.9m339.0m349.6m335.7m371.9m456.5m416.3m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Net Income

210.0m176.0m126.1m149.0m44.9m67.2m75.5m135.1m229.5m194.2m124.3m413.2m

Depreciation and Amortization

116.0m144.2m154.7m156.9m155.8m134.6m127.7m120.5m126.9m206.1m242.5m234.4m

Inventories

(87.8m)15.4m39.5m(3.5m)(29.0m)38.9m3.4m(7.0m)(24.8m)33.9m27.1m(205.6m)

Accounts Payable

(15.4m)(33.4m)3.5m(37.1m)68.9m(56.6m)39.4m20.5m24.3m(69.9m)38.1m230.4m
Quarterly
USDQ3, 2010Q1, 2011Q2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

133.4m41.4m92.3m155.3m60.7m105.8m24.9m65.8m110.5m30.6m65.1m75.1m28.2m20.5m9.3m(9.9m)32.5m46.4m8.0m39.9m95.4m112.0m184.0m35.8m56.9m124.4m36.1m51.9m76.3m30.9m184.9m303.3m18.6m

Depreciation and Amortization

84.9m33.1m67.7m102.6m78.4m115.8m39.5m78.4m117.9m39.1m81.0m119.8m32.3m89.4m108.0m31.3m86.8m146.8m61.3m122.5m182.4m59.3m118.1m176.2m59.4m

Inventories

(92.8m)(18.0m)(44.6m)(43.2m)37.1m9.3m(10.3m)(19.3m)(32.0m)(39.3m)(39.0m)(50.1m)334.7m(6.4m)290.3m288.5m304.2m330.6m(60.5m)(48.0m)(68.0m)(60.7m)(35.2m)(31.2m)(20.8m)(1.7m)(23.0m)(22.5m)(35.5m)(71.4m)(157.5m)(62.9m)

Accounts Payable

(71.3m)(94.5m)(48.0m)(80.6m)(34.3m)8.9m(78.9m)(40.1m)(28.9m)(50.7m)8.7m29.1m357.4m(47.0m)326.0m340.5m332.9m369.3m20.0m(2.0m)24.0m(22.9m)(25.1m)(37.2m)(32.2m)20.2m25.9m13.7m125.8m204.1m9.6m
USDQ3, 2010

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.8 x
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Greif Operating Metrics

FY, 2019FY, 2020FY, 2021

Operations

404040

Patents (US)

444

Greif Acquisitions / Subsidiaries

Company NameDateDeal Size
Caraustar Industries, Inc.February 11, 2019
pack2pack Group N.V.August 01, 2011
Storsack GroupFebruary 26, 2010
Hannells ASDecember 02, 2009
Ennis Containers, Inc.July 06, 2009
Petro-Summit Mechanical Co. Ltd.May 06, 2008
Delta Petroleum CompanySeptember 25, 2006
Box Board Products, Inc.
Caraustar Industrial and Consumer Products Group, Inc.
Caraustar Mill Group, Inc.
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Greif Revenue Breakdown

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Greif revenue breakdown by business segment: 39.9% from Paper Packaging & Services, 59.7% from Rigid Industrial Packaging & Services and 0.4% from Other

Greif revenue breakdown by geographic segment: 11.4% from Europe, Middle East, and Africa, 30.1% from Asia Pacific and Other Americas and 58.4% from United States

Greif Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Greif Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Greif Online and Social Media Presence

Embed Graph

Greif Company Culture

  • Overall Culture

    D

    59/100

  • CEO Rating

    C

    70/100

  • Compensation

    D+

    59/100

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Greif News and Updates

Greif, Inc. Announces $150 Million Share Repurchase Program

DELAWARE, Ohio, June 23, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced a $150 million share repurchase program. The Company has entered into a $75 million accelerated share repurchase agreement (ASR)...

Greif Certified as a Most Loved Workplace for 2022

Most Loved Workplaces employees are happiest and most satisfied at work DELAWARE, Ohio, June 21, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced that it has been certified as a Most Loved Workplace®,...

Greif, Inc. Announces Webcast Details for Investor Day on June 23, 2022

DELAWARE, Ohio, June 20, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced webcast details for the Investor Day that will be hosted on Thursday, June 23, 2022 at Convene, 75 Rockefeller Plaza 31st Floor in...

Greif Reports Second Quarter 2022 Results

DELAWARE, Ohio, June 8, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced second quarter 2022 results. Second Quarter Financial Highlights include (all results compared to the second quarter of 2021 unless...

Greif, Inc. Declares Second Quarter 2022 Dividends

DELAWARE, Ohio, June 7, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared quarterly cash dividends of $0.46 per share on its Class A Common Stock, and $0.69 per share...

Greif, Inc. Announces a $50 Per Ton Price Increase on All Uncoated Recycled Paperboard (URB) and Coated Recycled Paperboard (CRB) Grades

DELAWARE, Ohio, May 5, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) and coated recycled...
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Greif Frequently Asked Questions

  • When was Greif founded?

    Greif was founded in 1877.

  • Who are Greif key executives?

    Greif's key executives are Ole Rosgaard, Larry A. Hilsheimer and Gary R. Martz.

  • How many employees does Greif have?

    Greif has 16,000 employees.

  • What is Greif revenue?

    Latest Greif annual revenue is $5.6 b.

  • What is Greif revenue per employee?

    Latest Greif revenue per employee is $347.3 k.

  • Who are Greif competitors?

    Competitors of Greif include Packaging Corporation of America, TriMas and Graphic Packaging.

  • Where is Greif headquarters?

    Greif headquarters is located at 425 Winter Rd, Delaware.

  • Where are Greif offices?

    Greif has offices in Delaware, Auburndale, Cheektowaga, Houston and in 60 other locations.

  • How many offices does Greif have?

    Greif has 64 offices.