NYSE$GEF

Greif Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Greif reported a decline in Q1 2025 net income despite revenue growth.

Greif posted Q1 2025 revenue of $1.27 billion, reflecting a 5.0% increase year-over-year. However, net income declined 87.2% to $8.6 million due to a prior-year tax benefit. Adjusted EBITDA rose 5.9% to $145.1 million, supported by strong performance in the Sustainable Fiber Solutions segment. The company continues restructuring efforts, including divestitures and mill closures, to optimize its portfolio and reduce costs.

  • Revenue grew 5.0% year-over-year to $1.27 billion.
  • Net income declined 87.2% to $8.6 million due to a prior-year tax benefit.
  • Adjusted EBITDA increased 5.9% to $145.1 million.
  • Strategic initiatives include the planned sale of 176,000 acres of timberland and the closure of two mills.

Headline financials

Total Revenue

$1.27B

Previous: $1.21B+5.0%
EPS (adj)

$0.39

Previous: $1.17-66.7%
Adjusted EBITDA

$98.8M

No prior period
Adjusted Free Cash Flow

-$23.3M

No prior period
Total Debt

$2.84B

No prior period
Net Debt

$2.64B

No prior period
Leverage Ratio

3.6

No prior period
Capital Expenditures

-$37.3M

Previous: -$57.4M+35.0%
Net Income

$8.6M

Previous: $67.2M-87.2%
Operating Income

$59.9M

Previous: $68.9M-13.1%
Gross Profit

$246M

Previous: $222M+10.8%

Revenue & EPS history

Greif · Revenue · Quarterly

$1.27B

Q1 2025+5%vs Q1 2024
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Forward guidance

Greif expects continued revenue stability in 2025, with Adjusted EBITDA projected at $710 million. The company remains cautious about near-term industrial demand but is taking steps to optimize its portfolio and reduce costs.

Tailwinds

  • Projected Adjusted EBITDA of $710 million for 2025.
  • Continued cost optimization efforts targeting $13 million in savings.
  • Expansion in Sustainable Fiber Solutions segment driven by price improvements.
  • Plan to divest 176,000 acres of timberland to reduce debt.
  • Strong market position with diversified revenue streams across packaging and forestry.

Headwinds

  • Ongoing industrial contraction impacting demand.
  • Net income decline due to prior-year tax benefits and restructuring charges.
  • High debt levels, with total debt increasing to $2.84 billion.
  • Expected continued challenges in Durable Metal Solutions due to weak demand.
  • Uncertainty around macroeconomic conditions affecting industrial packaging sales.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.1%

Avg return

Earnings day

+0.6%

Avg return

5 days after

-0.8%

Avg return

30 days after

46%

30 / 65 earnings

Positive

+18.4%

Q4 2017

Best reaction

-14.6%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+2.4%+4.6%-3.1%
Q1 2026-1.0%+5.0%-2.2%
Q4 2025+0.8%+4.6%+14.2%
Q2 2025+15.0%+16.6%+26.6%
Q1 2025-8.4%-9.5%-9.1%
Q4 2024-1.9%-4.3%-14.3%
Q3 2024-2.0%-1.1%-1.4%
Q2 2024-3.0%-4.2%-10.6%
Q1 2024+4.1%+2.1%+11.5%
Q4 2023-4.1%-9.4%-8.6%
Q3 2023-1.6%-1.5%-9.4%
Q2 2023+12.4%+15.6%+9.3%
Q1 2023-7.0%-8.3%-10.8%
Q4 2022-3.3%-2.6%-4.3%
Q3 2022-4.3%-1.8%-13.0%
Q2 2022+3.7%-2.9%-2.3%
Q1 2022+8.1%+4.9%+17.0%
Q4 2021+0.3%-5.4%-4.5%
Q3 2021+4.1%+8.0%+4.2%
Q2 2021+2.5%+2.2%-1.2%
Q1 2021+3.8%+9.8%+25.8%
Q4 2020-5.7%-8.6%+0.1%
Q3 2020-7.8%-5.2%-7.5%
Q2 2020+12.1%+22.6%+2.8%
Q1 2020-7.8%-5.0%-19.6%
Q4 2019+0.4%+3.7%+1.6%
Q3 2019+15.8%+11.3%+20.3%
Q2 2019-12.2%-10.3%-12.6%
Q1 2019-5.4%-2.7%-2.9%
Q4 2018-9.8%-10.6%-24.4%
Q3 2018+3.7%+0.3%-2.5%
Q2 2018-6.2%-4.3%-13.0%
Q1 2018-14.6%-13.7%-10.6%
Q4 2017+18.4%+14.7%+12.6%
Q3 2017+6.8%+3.5%+3.4%
Q2 2017-6.9%-8.0%-3.9%
Q1 2017-6.7%-2.9%-3.4%
Q4 2016+3.3%+4.6%-2.7%
Q3 2016+5.4%+7.2%+15.3%
Q2 2016+8.0%+5.5%+1.8%
Q1 2016-0.2%
Q4 2015+7.1%
Q3 2015+15.0%
Q2 2015+1.2%
Q1 2015-14.1%
Q4 2014-4.4%
Q3 2014-0.7%
Q2 2014-1.5%
Q1 2014-0.2%
Q4 2013-6.0%
Q3 2013-3.8%
Q2 2013+3.5%
Q1 2013+0.6%
Q4 2012-1.3%
Q3 2012+1.6%
Q2 2012-3.7%
Q1 2012-0.4%
Q4 2011-0.9%
Q3 2011-1.0%
Q2 2011+1.7%
Q1 2011+0.0%
Q4 2010+1.4%
Q3 2010-0.1%
Q2 2010+3.4%
Q1 2009+0.8%

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