Greif, Inc. Files 2024 Annual Report

TL;DR

Greif Inc. 2024 10-K filed. Full year financials out.

AI Summary

Greif, Inc. filed its 10-K for the fiscal year ending October 31, 2024, reporting on its operations in metal shipping barrels, drums, kegs, and pails. The company, headquartered in Delaware, Ohio, with IRS number 314388903, has a history dating back to 1969. The filing covers financial data for the fiscal years 2021 through 2024.

Why It Matters

This filing provides investors with a comprehensive overview of Greif, Inc.'s financial performance and operational status for the fiscal year 2024, crucial for investment decisions.

Risk Assessment

Risk Level: low — This is a standard annual financial filing with no immediate red flags.

Key Numbers

• 2024 — Fiscal Year End (The report covers the fiscal year ending October 31, 2024.)
• 2021-2024 — Reporting Period (The filing includes financial data spanning from fiscal year 2021 to 2024.)

Key Players & Entities

• GREIF, INC (company) — Filer
• DELAWARE, OH (location) — Business and Mail Address City/State
• 314388903 (organization_id) — IRS Number
• 20241031 (date) — Conformed Period of Report
• 20241223 (date) — Filed as of Date

FAQ

Filing Documents

• gef-20241031.htm (10-K) — 2618KB
• gef2024q410-kex101.htm (EX-10.1) — 58KB
• gef2024q410-kex19.htm (EX-19) — 93KB
• gef2024q410-kex21.htm (EX-21) — 32KB
• gef2024q410-kex23.htm (EX-23) — 2KB
• gef2024q410-kex243.htm (EX-24.3) — 8KB
• gef2024q410-kex311.htm (EX-31.1) — 11KB
• gef2024q410-kex312.htm (EX-31.2) — 11KB
• gef2024q410-kex321.htm (EX-32.1) — 5KB
• gef2024q410-kex322.htm (EX-32.2) — 5KB
• gef-20241031_g1.jpg (GRAPHIC) — 25KB
• gef-20241031_g2.jpg (GRAPHIC) — 224KB
• image_2.jpg (GRAPHIC) — 195KB
• 0000043920-24-000056.txt ( ) — 16188KB
• gef-20241031.xsd (EX-101.SCH) — 85KB
• gef-20241031_cal.xml (EX-101.CAL) — 181KB
• gef-20241031_def.xml (EX-101.DEF) — 521KB
• gef-20241031_lab.xml (EX-101.LAB) — 1105KB
• gef-20241031_pre.xml (EX-101.PRE) — 846KB
• gef-20241031_htm.xml (XML) — 2771KB

Signatures

Signatures 97 2 Table of Contents PART I

BUSINESS

ITEM 1. BUSINESS General Development of Business We are a leading global producer of industrial packaging products and services with operations in over 35 countries. We offer a comprehensive line of rigid industrial packaging products, such as steel, fibre and plastic drums, rigid intermediate bulk containers, jerrycans and other small plastics, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, logistics, warehousing and other packaging services. We produce and sell containerboard, corrugated sheets, corrugated containers and other corrugated products to customers in North America in industries such as packaging, automotive, food and building products. We also produce and sell coated recycled paperboard and uncoated recycled paperboard, some of which are used to produce and sell industrial products (tubes and cores, construction products and protective packaging). We also produce and sell bulk and specialty partitions made from both containerboard and uncoated recycled paperboard. In addition, we purchase and sell recycled fiber and produce and sell adhesives used in our paperboard products. We sell timber to third parties from our timberland in the southeastern United States that we manage to maximize long-term value. In addition, we sell, from time to time, timberland and special use land, which consists of surplus land, higher and better use ("HBU") land and development land. Our customers range from Fortune 500 companies to medium and small-sized companies in a cross section of industries. Through the end of our 2024 fiscal year, our fiscal year began on November 1 and ended on October 31 of the following year. Any references in this Form 10-K 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. However,

RISK FACTORS

ITEM 1A. RISK FACTORS Risks Related to Market and Economic Factors Historically, our Business has been Sensitive to Changes in General Economic or Business Conditions. Our customers generally consist of other manufacturers and suppliers who purchase industrial packaging products and containerboard and uncoated and coated recycled boxboard and related products for their own containment and shipping purposes. Because we supply a cross section of industries, including chemicals, lubricants, films, paints and pigments, food and beverage, personal care, fragrances, petroleum, industrial coatings, carpeting, agriculture, agrochemical, pharmaceuticals, mineral products, packaging, automotive, construction and building products industries, and have operations in many countries, demand for our products and services has historically corresponded to changes in general economic and business conditions of the industries and countries in which we operate. The overall demand and prices for our products and services could decline as a result of numerous factors outside of our control, including an economic recession, increased labor costs, availability of and increased cost of energy, and disruptions in supply chains to our business, our customers, their end markets and our suppliers, changes in industrial production processes or consumer preference, changes in laws and regulations, inflation, t

View Full Filing

View this 10-K filing on SEC EDGAR