Green Plains Inc. Files 2024 Annual Report

TL;DR

Green Plains Inc. dropped its 2024 10-K. All systems go for 2025.

AI Summary

Green Plains Inc. filed its 10-K for the fiscal year ending December 31, 2024, on February 7, 2025. The company, formerly known as Green Plains Renewable Energy, Inc., is involved in the industrial organic chemicals sector. The filing provides detailed financial information and business operations for the period.

Why It Matters

This 10-K filing provides investors and stakeholders with a comprehensive overview of Green Plains Inc.'s financial health, operational performance, and strategic outlook for the fiscal year 2024.

Risk Assessment

Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks beyond normal business operations.

Key Numbers

• 20241231 — Fiscal Year End (The period covered by the 10-K report.)
• 20250207 — Filing Date (The date the 10-K was submitted to the SEC.)

Key Players & Entities

• Green Plains Inc. (company) — Filer of the 10-K
• Green Plains Renewable Energy, Inc. (company) — Former name of the company
• 20241231 (date) — Fiscal year end
• 20250207 (date) — Filing date
• OMAHA (location) — Company headquarters city
• NE (location) — Company headquarters state

FAQ

Key Financial Figures

• $0.001 — ich registered Common Stock, par value $0.001 per share GPRE The Nasdaq Stock Market
• $15 — ice of the common stock on that date of $15.86, was approximately $ 1,000.7 million
• $30 million — identified early in 2025 approximately $30 million of financial improvement annually, incl
• $5 million — first quarter of 2025 of approximately $5 million to $7 million based on current estimate
• $7 million — of 2025 of approximately $5 million to $7 million based on current estimates. There is no

Filing Documents

• gpre-20241231.htm (10-K) — 2208KB
• ex1028-amendment3tobeckere.htm (EX-10.28) — 9KB
• ex1029-amendmentno1toemplo.htm (EX-10.29) — 8KB
• ex1030-confidentialseveran.htm (EX-10.30) — 42KB
• ex191-insidertradingpolicy.htm (EX-19.1) — 67KB
• ex211-12312024.htm (EX-21.1) — 13KB
• ex231-12312024.htm (EX-23.1) — 2KB
• ex311-12312024.htm (EX-31.1) — 9KB
• ex312-12312024.htm (EX-31.2) — 9KB
• ex321-12312024.htm (EX-32.1) — 4KB
• ex322-12312024.htm (EX-32.2) — 4KB
• gpre-20241231_g1.jpg (GRAPHIC) — 99KB
• image.jpg (GRAPHIC) — 6KB
• image_2a.jpg (GRAPHIC) — 0KB
• 0001309402-25-000008.txt ( ) — 12910KB
• gpre-20241231.xsd (EX-101.SCH) — 80KB
• gpre-20241231_cal.xml (EX-101.CAL) — 116KB
• gpre-20241231_def.xml (EX-101.DEF) — 489KB
• gpre-20241231_lab.xml (EX-101.LAB) — 968KB
• gpre-20241231_pre.xml (EX-101.PRE) — 776KB
• gpre-20241231_htm.xml (XML) — 1916KB

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations. 31 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk. 45 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data. 47 Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure. 47 Item 9A.

Controls and Procedures

Controls and Procedures. 47 Item 9B. Other Information. 49 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections. 49 PART III Item 10. Directors, Executive Officers and Corporate Governance. 49 Item 11.

Executive Compensation

Executive Compensation. 49 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 49 Item 13. Certain Relationships and Related Transactions, and Director Independence. 49 Item 14. Principal Accounting Fees and Services. 49 PART IV Item 15. Exhibits, Financial Statement Schedules. 50 Item 16. Form 10-K Summary. 54 Signatures. 55 1 Table of Contents Commonly Used Defined Terms Green Plains Inc. and Subsidiaries: Green Plains Inc.; Green Plains; the company Green Plains Inc. and its subsidiaries FQT Fluid Quip Technologies, LLC Green Plains Commodity Management Green Plains Commodity Management LLC Green Plains Finance Company Green Plains Finance Company LLC Green Plains Grain Green Plains Grain Company LLC Green Plains Mount Vernon; Mount Vernon Green Plains Mount Vernon LLC Green Plains Obion; Obion Green Plains Obion LLC Green Plains Partners; the partnership Green Plains Partners LP Green Plains Shenandoah; Shenandoah Green Plains Shenandoah LLC Green Plains Trade Green Plains Trade Group LLC Green Plains Wood River; Wood River Green Plains Wood River LLC Accounting Defined Terms: ASC Accounting Standards Codification EBITDA Earnings before interest expense, income taxes, depreciation and amortization EPS Earnings per share Exchange Act Securities Exchange Act of 1934, as amended GAAP U.S. Generally Accepted Accounting Principles Nasdaq The Nasdaq Global Market SEC Securities and Exchange Commission Securities Act Securities Act of 1933, as amended SOFR Secured Overnight Financing Rate Industry and Other Defined Terms: ATJ Alcohol-to-Jet BlackRock Funds and accounts managed by BlackRock BTU British Thermal Units CARB California Air Resources Board CI Carbon Intensity COVID-19 Coronavirus Disease 2019 CST Clean Sugar Technology DOE Department of Energy E10 Gasoline blended with up to 10% ethanol by volume E15 Gasoline blended with up to 15% ethanol by volume E85 Gasoline blended with

Business

Item 1. Business. References to "we," "us," "our," "Green Plains," or the "company" refer to Green Plains Inc. and its subsidiaries. Overview Green Plains is an Iowa corporation, founded in June 2004 as a producer of low-carbon fuels and has grown to be a leading biorefining company maximizing the potential of existing resources through fermentation and patented agribusiness technologies. We continue the transition from a commodity-processing business to a value-added agricultural technology company creating lower carbon, high-value ingredients from existing resources. To that end, we are currently executing on a number of initiatives to develop and implement proven agricultural, food and industrial biotechnology systems that allow for product diversification, new market opportunities and production of additional value-added low-carbon ingredients, such as Ultra-High Protein, low-CI dextrose, renewable corn oil and more, as well as offering these technologies to the broader biofuels industry. We are a leader in deploying carbon capture technology to reduce the CI of our biofuels at several of our production facilities. We group our business activities into the following two operating segments to manage performance: Ethanol Production. Our ethanol production segment includes the production, storage and transportation of ethanol, distillers grains, Ultra-High Protein and renewable corn oil at ten biorefineries in Illinois, Indiana, Iowa, Minnesota, Nebraska and Tennessee. At capacity, our facilities are capable of processing approximately 310 million bushels of corn per year and producing approximately 903 million gallons of ethanol, 2.2 million tons of distillers grains and Ultra-High Protein, and 310 million pounds of renewable corn oil, a low-carbon feedstock for biodiesel, renewable diesel and sustainable aviation fuel. We are one of the largest ethanol producers in North America. Agribusiness and Energy Services. Our agribusiness and energy services segment

View Full Filing

View this 10-K filing on SEC EDGAR