v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
Total
Directors
Greif, Inc. Equity
Greif, Inc. Equity
Directors
Common Stock
Common Stock
Directors
Treasury Stock
Treasury Stock
Directors
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non controlling interests
Beginning balance (in shares) at Oct. 31, 2023         46,805            
Beginning balance at Oct. 31, 2023 $ 1,986.3   $ 1,947.9   $ 208.4   $ (281.9)   $ 2,337.9 $ (316.5) $ 38.4
Beginning balance (in shares) at Oct. 31, 2023             30,037        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 126.3   111.6           111.6   14.7
Other comprehensive income (loss):                      
Foreign currency translation (1.6)   (0.7)             (0.7) (0.9)
Derivative financial instruments, net of income tax expense (8.5)   (8.5)             (8.5)  
Minimum pension liability adjustment, net of income tax benefit (2.4)   (2.4)             (2.4)  
Comprehensive income 113.8   100.0                
Current period mark to redemption value of redeemable noncontrolling interest and other 1.8   1.8           1.8    
Net income allocated to redeemable noncontrolling interests (3.8)                   (3.8)
Dividends paid to Greif, Inc. shareholders (59.7)   (59.7)           (59.7)    
Dividends paid to noncontrolling interests and other (10.1)                   (10.1)
Dividends earned on RSU shares (0.1)   (0.1)           (0.1)    
Colleague stock purchase plan (in shares)         33   (33)        
Colleague stock purchase plan 2.3   2.3   $ 2.0   $ 0.3        
Long-term incentive shares issued (in shares)         283   (283)        
Long-term incentive shares issued 12.7   12.7   $ 10.5   $ 2.2        
Share based compensation 3.1   3.1   $ 3.1            
Restricted stock (in shares)           18   (18)      
Restricted stock, directors   $ 1.1   $ 1.1   $ 1.0   $ 0.1      
Ending balance (in shares) at Apr. 30, 2024         47,139            
Ending balance at Apr. 30, 2024 2,047.4   2,009.1   $ 225.0   $ (279.3)   2,391.5 (328.1) 38.3
Ending balance (in shares) at Apr. 30, 2024             29,703        
Beginning balance (in shares) at Jan. 31, 2024         47,121            
Beginning balance at Jan. 31, 2024 2,036.4   1,992.5   $ 222.1   $ (279.5)   2,377.7 (327.8) 43.9
Beginning balance (in shares) at Jan. 31, 2024             29,721        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 52.0   44.4           44.4   7.6
Other comprehensive income (loss):                      
Foreign currency translation (29.2)   (28.3)             (28.3) (0.9)
Derivative financial instruments, net of income tax expense 27.7   27.7             27.7  
Minimum pension liability adjustment, net of income tax benefit 0.3   0.3             0.3  
Comprehensive income 50.8   44.1                
Current period mark to redemption value of redeemable noncontrolling interest and other (0.5)   (0.5)           (0.5)    
Net income allocated to redeemable noncontrolling interests (2.2)                   (2.2)
Dividends paid to Greif, Inc. shareholders (30.0)   (30.0)           (30.0)    
Dividends paid to noncontrolling interests and other (10.1)                   (10.1)
Dividends earned on RSU shares (0.1)   (0.1)           (0.1)    
Colleague stock purchase plan (in shares)         0   0        
Colleague stock purchase plan 0.3   0.3   $ 0.2   $ 0.1        
Share based compensation 1.7   1.7   $ 1.7            
Restricted stock (in shares)           18   (18)      
Restricted stock, directors   1.1   1.1   $ 1.0   $ 0.1      
Ending balance (in shares) at Apr. 30, 2024         47,139            
Ending balance at Apr. 30, 2024 2,047.4   2,009.1   $ 225.0   $ (279.3)   2,391.5 (328.1) 38.3
Ending balance (in shares) at Apr. 30, 2024             29,703        
Beginning balance (in shares) at Oct. 31, 2024         47,181            
Beginning balance at Oct. 31, 2024 2,117.5   2,082.4   $ 230.3   $ (279.0)   2,486.2 (355.1) 35.1
Beginning balance (in shares) at Oct. 31, 2024             29,661        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 68.9   55.9           55.9   13.0
Other comprehensive income (loss):                      
Foreign currency translation 77.0   76.6             76.6 0.4
Derivative financial instruments, net of income tax expense (28.3)   (28.3)             (28.3)  
Minimum pension liability adjustment, net of income tax benefit (1.9)   (1.9)             (1.9)  
Comprehensive income 115.7   102.3                
Current period mark to redemption value of redeemable noncontrolling interest and other (3.2)   (3.2)           (3.2)    
Net income allocated to redeemable noncontrolling interests (3.6)                   (3.6)
Dividends paid to Greif, Inc. shareholders (62.4)   (62.4)           (62.4)    
Dividends paid to noncontrolling interests and other (4.0)                   (4.0)
Dividends earned on RSU shares (0.1)   (0.1)           (0.1)    
Colleague stock purchase plan (in shares)         45   (45)        
Colleague stock purchase plan 2.7   2.7   $ 2.4   $ 0.3        
Long-term incentive shares issued (in shares)         211   (211)        
Long-term incentive shares issued 8.3   8.3   $ 6.6   $ 1.7        
Share based compensation 2.6   2.6   $ 2.6            
Restricted stock (in shares)           24   (24)      
Restricted stock, directors   1.5   1.5   $ 1.3   $ 0.2      
Ending balance (in shares) at Apr. 30, 2025         47,461            
Ending balance at Apr. 30, 2025 2,175.0   2,134.1   $ 243.2   $ (276.8)   2,476.4 (308.7) 40.9
Ending balance (in shares) at Apr. 30, 2025             29,381        
Beginning balance (in shares) at Jan. 31, 2025         47,437            
Beginning balance at Jan. 31, 2025 2,078.9   2,040.4   $ 240.3   $ (277.0)   2,461.7 (384.6) 38.5
Beginning balance (in shares) at Jan. 31, 2025             29,405        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 54.5   47.3           47.3   7.2
Other comprehensive income (loss):                      
Foreign currency translation 118.0   117.3             117.3 0.7
Derivative financial instruments, net of income tax expense (37.1)   (37.1)             (37.1)  
Minimum pension liability adjustment, net of income tax benefit (4.3)   (4.3)             (4.3)  
Comprehensive income 131.1   123.2                
Current period mark to redemption value of redeemable noncontrolling interest and other (1.1)   (1.1)           (1.1)    
Net income allocated to redeemable noncontrolling interests (2.1)                   (2.1)
Dividends paid to Greif, Inc. shareholders (31.4)   (31.4)           (31.4)    
Dividends paid to noncontrolling interests and other (3.4)                   (3.4)
Dividends earned on RSU shares (0.1)   (0.1)           (0.1)    
Colleague stock purchase plan (in shares)         0   0        
Colleague stock purchase plan 0.3   0.3   $ 0.3   $ 0.0        
Share based compensation 1.3   1.3   $ 1.3            
Restricted stock (in shares)           24   (24)      
Restricted stock, directors   $ 1.5   $ 1.5   $ 1.3   $ 0.2      
Ending balance (in shares) at Apr. 30, 2025         47,461            
Ending balance at Apr. 30, 2025 $ 2,175.0   $ 2,134.1   $ 243.2   $ (276.8)   $ 2,476.4 $ (308.7) $ 40.9
Ending balance (in shares) at Apr. 30, 2025             29,381