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Greif (GEF) EBIT

: $498 Mil (TTM As of Jan. 2024)
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Greif's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $498 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Greif's annualized ROC % for the quarter that ended in Jan. 2024 was 12.13%. Greif's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 11.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Greif's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 9.21%.


Greif EBIT Historical Data

The historical data trend for Greif's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Greif Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 374.50 301.90 571.30 586.90 591.00

Greif Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 153.10 178.20 152.20 107.50 59.80

Competitive Comparison

For the Packaging & Containers subindustry, Greif's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Greif EV-to-EBIT Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Greif's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Greif's EV-to-EBIT falls into.



Greif EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $498 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Greif  (NYSE:GEF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Greif's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=303.2 * ( 1 - -107.3% )/( (5144.4 + 5220.3)/ 2 )
=628.5336/5182.35
=12.13 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Greif's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=239.2/( ( (1653.8 + max(399.8, 0)) + (1670.5 + max(492.5, 0)) )/ 2 )
=239.2/( ( 2053.6 + 2163 )/ 2 )
=239.2/2108.3
=11.35 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(659.4 + 338.6 + 190.2) - (635.5 + 0 + 152.9)
=399.8

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(639.2 + 368.5 + 202.3) - (569.5 + 0 + 148)
=492.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Greif's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=497.7/5403.782
=9.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Greif EBIT Related Terms

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Greif (GEF) Business Description

Traded in Other Exchanges
Address
425 Winter Road, Delaware, OH, USA, 43015
Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, 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, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.
Executives
Miller Frank Calhoun V director 425 WINTER ROAD, DELAWARE OH 43015
Vivian Bouet officer: VP Chief Inf & Digital Officer 425 WINTER ROAD, DELAWARE OH 43015
Patrick Gerard Mullaney officer: SVP, Pres. Global Industrial P 425 WINTER ROAD, DELAWARE OH 43015
Roel Vestjens director C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anthony John Krabill officer: Corporate Treasurer 425 WINTER ROAD, DELAWARE OH 43015
Michael Joseph Taylor officer: Corporate Controller 425 WINTER ROAD, DELAWARE OH 43015
Matthew Douglas Eichmann officer: VP, Chief Mktg & Sust. Officer 425 WINTER ROAD, DELAWARE OH 43015
Kimberly Thompson Scott director 425 WINTER ROAD, DELAWARE OH 43015
Karen Morrison director 425 WINTER ROAD, DELAWARE OH 43015
Tina R. Schoner officer: SVP Chief Supply Chain Officer 425 WINTER RD., DELAWARE OH 43015
Kimberly Anne Kellermann officer: SVP, Global Operations Group 425 WINTER ROAD, DELAWARE OH 43015
Nicholas Joseph Petitti 10 percent owner 200 CIVIC CENTER DRIVE, SUITE 1200, COLUMBUS OH 43215
Robert M Patterson director 33587 WALKER ROAD, AVON LAKE OH 44012
Bala Sathyanarayanan officer: SVP, Chief Human Resources Off 425 WINTER RD., DELAWARE OH 43015
Vicki L Avril director 604 KENMARE DRIVE, BURR RIDGE IL 60527