Greif (GEF)
Greif is a global leader in industrial packaging products and services and is pursuing its vision: In industrial packaging, be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 40 countries to serve global as well as regional customers.

Company profile
Ticker
GEF, GEF.B
Exchange
Website
CEO
Peter Watson
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
GREIF BROTHERS CORP, GREIF INC
SEC CIK
Corporate docs
Subsidiaries
Caraustar Industrial and Consumer Products Group, Inc. • Caraustar Recovered Fiber Group, Inc. • Container Life Cycle Management LLC • Greif Packaging LLC • Soterra LLC • Tama Paperboard, LLC • Greif Flexibles USA Inc. • Delta Petroleum Company, Inc. • The Newark Group, Inc. • Box Board Products, Inc. ...
IRS number
314388903
GEF stock data
News
Greif Reports $50/Ton Price Increase On All Its Uncoated Recycled Paperboard, Coated Recycled Paperboard Grades
5 May 22
Greif: Q1 Earnings Insights
2 Mar 22
Greif Q1 EPS $1.28 Beats $1.19 Estimate, Sales $1.56B Beat $1.46B Estimate
2 Mar 22
Earnings Scheduled For March 2, 2022
2 Mar 22
Greif's Earnings: A Preview
1 Mar 22
Press releases
Greif, Inc. Announces 2022 Second Quarter Earnings Release and Conference Call Dates
10 May 22
Greif, Inc. Announces a $50 Per Ton Price Increase on All Uncoated Recycled Paperboard (URB) and Coated Recycled Paperboard (CRB) Grades
5 May 22
Greif Releases 2021 Sustainability Report Highlighting Environmental, Social and Governance Priorities and Progress
22 Apr 22
Greif, Inc. Completes the Sale of Flexible Packaging Joint Venture to Gulf Refined Packaging
1 Apr 22
Greif Reports First Quarter 2022 Results
2 Mar 22
Calendar
4 Mar 22
17 May 22
31 Oct 22
Financial summary
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Diluted EPS |
Annual (USD) | Oct 21 | Oct 20 | Oct 19 | Oct 18 | |
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Diluted EPS |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Apr 22 | Sathyanarayanan Bala | Class B Common Stock | Buy | Acquire P | No | No | 58.76 | 450 | 26.44K | 450 |
Institutional ownership, Q4 2021
30.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 80 |
Opened positions | 5 |
Closed positions | 136 |
Increased positions | 6 |
Reduced positions | 61 |
13F shares | Current |
---|---|
Total value | 1.26B |
Total shares | 8.15M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Nicholas Joseph Petitti | 2.32M | $161.5M |
LSV Asset Management | 1.79M | $107.79M |
Fuller & Thaler Asset Management | 1.38M | $83.18M |
Vanguard | 343.39K | $20.53M |
BLK Blackrock | 334.66K | $20.01M |
Dimensional Fund Advisors | 276.82K | $16.55M |
Raymond James & Associates | 257.54K | $15.4M |
Arbiter Partners Capital Management | 249.84K | $14.94M |
Advisors Asset Management | 225.98K | $13.51M |
Sound Income Strategies | 134.17K | $8.02M |
Financial report summary
?Competition
TrimasRisks
- Historically, our Business has been Sensitive to Changes in General Economic or Business Conditions.
- Our Global Operations Subject us to Political Risks, Instability and Currency Exchange that Could Adversely Affect our Results of Operations.
- The COVID-19 Pandemic Could Continue to Impact Any Combination of our Business, Financial Condition, Results of Operations and Cash Flows.
- The Current and Future Challenging Global Economy and Disruption and Volatility of the Financial and Credit Markets may Adversely Affect our Business.
- The Continuing Consolidation of our Customer Base and Suppliers may Intensify Pricing Pressure.
- We Operate in Highly Competitive Industries.
- Our Business is Sensitive to Changes in Industry Demands and Customer Preferences.
- Raw Material, Price Fluctuations, Global Supply Chain Disruptions and Inflation may Adversely Impact our Results of Operations.
- Energy and Transportation Price Fluctuations and Shortages may Adversely Impact our Manufacturing Operations and Costs.
- The Frequency and Volume of our Timber and Timberland Sales Will Impact our Financial Performance.
- We may not Successfully Implement our Business Strategies, Including Achieving our Growth Objectives.
- We may Encounter Difficulties or Liabilities Arising from Acquisitions or Divestitures.
- We may Incur Additional Rationalization Costs and there is no Guarantee that our Efforts to Reduce Costs will be Successful.
- Several Operations are Conducted by Joint Ventures that we Cannot Operate Solely for our Benefit.
- Certain of the Agreements that Govern our Joint Ventures Provide our Partners With Put or Call Options.
- Our Ability to Attract, Develop and Retain Talented and Qualified Employees, Managers and Executives is Critical to our Success.
- Our Business may be Adversely Impacted by Work Stoppages and Other Labor Relations Matters.
- We may be Subject to Losses that Might not be Covered in Whole or in Part by Existing Insurance Reserves or Insurance Coverage and General Insurance Premium and Deductible Increases.
- Our Business Depends on the Uninterrupted Operations of our Facilities, Systems and Business Functions, Including our Information Technology ("IT") and Other Business Systems.
- A Security Breach of Customer, Employee, Supplier or Company Information and Data Privacy Risks and Costs of Compliance with New Regulations may have a Material Adverse Effect on our Business, Financial Condition, Results of Operations and Cash Flows.
- We Could be Subject to Changes in our Tax Rates, the Adoption of New U.S. or Foreign Tax Legislation or Exposure to Additional Tax Liabilities.
- Full Realization of our Deferred Tax Assets may be Affected by a Number of Factors.
- We have a Significant Amount of Goodwill and Long-lived Assets Which, if Impaired in the Future, Would Adversely Impact our Results of Operations.
- Our Pension and Post-retirement Plans are Underfunded and will Require Future Cash Contributions, and our Required Future Cash Contributions Could be Higher than we Expect, Each of Which Could Have a Material Adverse Effect on our Financial Condition and Liquidity.
- Legislation/Regulation Related to Environmental and Health and Safety Matters and Corporate Social Responsibility Could Negatively Impact our Operations and Financial Performance.
- Product Liability Claims and Other Legal Proceedings Could Adversely Affect our Operations and Financial Performance.
- We may Incur Fines or Penalties, Damage to our Reputation or other Adverse Consequences if our Employees, Agents or Business Partners Violate, or are Alleged to have Violated, Anti-bribery, Competition or Other Laws.
- Changing Climate, Global Climate Change Regulations and Greenhouse Gas Effects may Adversely Affect our Operations and Financial Performance.
- We may be Unable to Achieve Our Greenhouse Gas Emission Reduction Targets by 2030.
Management Discussion
- ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- The terms “Greif,” “our company,” “we,” “us” and “our” as used in this discussion refer to Greif, Inc. and its subsidiaries. Our fiscal year begins on November 1 and ends on October 31 of the following year. Any references in unaudited interim condensed consolidated financial statements included in the Quarterly Report on Form 10-Q ("this Form 10-Q") to the years, or to any quarter of those years, relates to the fiscal year or quarter, as the case may be, ended in that year, unless otherwise stated.
- The discussion and analysis presented below relates to the material changes in financial condition and results of operations for our interim condensed consolidated balance sheets as of January 31, 2022 and October 31, 2021, and for the interim condensed consolidated statements of income for the three months ended January 31, 2022 and 2021. This discussion and analysis should be read in conjunction with the interim condensed consolidated financial statements that appear elsewhere in this Form 10-Q and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in our Annual Report on Form 10-K for the fiscal year ended October 31, 2021 (the “2021 Form 10-K”). Readers are encouraged to review the entire 2021 Form 10-K, as it includes information regarding Greif not discussed in this Form 10-Q. This information will assist in your understanding of the discussion of our current period financial results.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
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New words:
chain, civil, consideration, construction, covenant, disturbance, emission, EURIBOR, FPS, Gulf, inflation, instability, invasion, lived, long, mixture, monitor, obtained, partner, privacy, pronouncement, reclassification, redeem, redeemed, repay, replaced, Russia, situation, SOFR, solid, stable, tangible, thereunder, Ukraine, underlying, unobservable, unrestricted, war
Removed:
Administration, administrator, Agency, agent, agricultural, Alabama, alleging, amortized, annually, approval, assessed, authorization, authorized, borrowed, Caraustar, CLCM, closing, collectively, commitment, committed, compensatory, cooperated, court, deduction, Department, determining, divested, enhance, enjoyment, EPA, established, event, exceed, experience, farm, favorable, flexibility, furnish, governed, Group, Indenture, input, integrate, interfering, interpreted, invaded, inventory, investor, June, lawsuit, leadership, lesser, limit, Luxembourg, maintenance, managing, measure, measurement, Milwaukee, model, modified, monetary, Moody, Natural, Nevada, operational, pari, passu, pledge, Poor, postretirement, predict, punitive, purpose, range, rating, rationalize, remedial, repurchase, repurchased, request, requested, responding, seeking, servicer, Similarly, single, sought, southwest, stepping, structure, supportable, suspended, TAA, team, tight, Transfer, underperforming, updated, violation, vulnerability, WDNR, Weyerhaeuser, Wisconsin, xxx
Financial reports
Current reports
8-K
Regulation FD Disclosure
4 May 22
8-K
Departure of Directors or Certain Officers
19 Apr 22
8-K
Greif Reports First Quarter 2022 Results
4 Mar 22
8-K
Entry into a Material Definitive Agreement
4 Mar 22
8-K
Regulation FD Disclosure
20 Jan 22
8-K
Greif Reports Fourth Quarter and Fiscal 2021 Results
10 Dec 21
8-K
Departure of Directors or Certain Officers
2 Nov 21
8-K
Greif Reports Third Quarter 2021 Results
3 Sep 21
8-K
Regulation FD Disclosure
20 Jul 21
8-K
Greif, Inc. Announces Chief Executive Officer and Board of Director Transition Plan
22 Jun 21
Registration and prospectus
S-8
Registration of securities for employees
25 Feb 20
S-8
Registration of securities for employees
25 Feb 20
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jan 20
424B4
Prospectus supplement with pricing info
18 Nov 09
S-4/A
Registration of securities issued in business combination transactions (amended)
19 Oct 09
S-4
Registration of securities issued in business combination transactions
17 Sep 09
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jul 09
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jul 09
Other
SD
Conflict minerals disclosure
26 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
30 May 19
SD
Conflict minerals disclosure
30 May 18
UPLOAD
Letter from SEC
29 Jun 17
CORRESP
Correspondence with SEC
12 Jun 17
SD
Conflict minerals disclosure
29 May 17
UPLOAD
Letter from SEC
14 May 17
UPLOAD
Letter from SEC
31 May 16
SD
Conflict minerals disclosure
30 May 16
Ownership
3
GREIF / Anthony John Krabill ownership change
9 May 22
3
GREIF / Michael Joseph Taylor ownership change
9 May 22
4
GREIF / Bala Sathyanarayanan ownership change
8 Apr 22
4
GREIF / Kimberly Thompson Scott ownership change
3 Mar 22
4
GREIF / Robert M Patterson ownership change
3 Mar 22
4
GREIF / Karen Morrison ownership change
3 Mar 22
4
GREIF / DANIEL J GUNSETT ownership change
3 Mar 22
4
GREIF / JOHN F FINN ownership change
3 Mar 22
4
GREIF / Mark A Emkes ownership change
3 Mar 22
4
GREIF / Bruce A Edwards ownership change
3 Mar 22
Patents
Utility
Thick-caliper laminated paperboard and methods for making the same
3 Aug 21
Methods of making laminated paper sheets include winding paper around a flat-sided mandrel to form a flat-sided convolute tube and cutting from the flat-sided convolute tube one or more laminated paper sheets.
Utility
Methods for making driveshaft dampers
23 Nov 20
Driveshaft dampers are provided for use in driveshafts to dampen or attenuate aspects of noise, vibration, and harshness (NVH).
Utility
Composite drive shaft damper
4 May 20
A composite drive shaft damper includes both foamed and non-foamed NVH-reducing materials to dampen particular NVH-causing frequencies within a drive shaft.
Transcripts
2022 Q1
Earnings call transcript
3 Mar 22
2021 Q4
Earnings call transcript
9 Dec 21
2021 Q3
Earnings call transcript
2 Sep 21
2021 Q2
Earnings call transcript
10 Jun 21
2021 Q1
Earnings call transcript
27 Feb 21
2020 Q4
Earnings call transcript
10 Dec 20
2020 Q3
Earnings call transcript
27 Aug 20
2020 Q2
Earnings call transcript
4 Jun 20
2020 Q1
Earnings call transcript
27 Feb 20
2019 Q4
Earnings call transcript
5 Dec 19
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