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GPRE (Green Plains) Property, Plant and Equipment : $1,097 Mil (As of Sep. 2024)


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What is Green Plains Property, Plant and Equipment?

Green Plains's quarterly net PPE declined from Mar. 2024 ($1,097 Mil) to Jun. 2024 ($1,092 Mil) but then increased from Jun. 2024 ($1,092 Mil) to Sep. 2024 ($1,097 Mil).

Green Plains's annual net PPE increased from Dec. 2021 ($958 Mil) to Dec. 2022 ($1,103 Mil) but then declined from Dec. 2022 ($1,103 Mil) to Dec. 2023 ($1,096 Mil).


Green Plains Property, Plant and Equipment Historical Data

The historical data trend for Green Plains's Property, Plant and Equipment 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.

Green Plains Property, Plant and Equipment Chart

Green Plains Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 879.75 863.57 957.56 1,102.57 1,095.92

Green Plains Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Property, Plant and Equipment Get a 7-Day Free Trial 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 1,090.66 1,095.92 1,097.28 1,092.44 1,096.51

Green Plains Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Green Plains  (NAS:GPRE) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Green Plains Property, Plant and Equipment Related Terms

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Green Plains Business Description

Industry
Traded in Other Exchanges
Address
1811 Aksarben Drive, Omaha, NE, USA, 68106
Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, distillers grains, Ultra-High Protein and renewable corn oil. The agribusiness and energy services segment includes grain handling and storage, commodity marketing and merchant trading for company-produced and third-party ethanol, distillers grains, Ultra-High Protein, renewable corn oil, natural gas and other commodities. The partnership segment provides fuel storage and transportation services.
Executives
Alain Treuer director 9420 UNDERWOOD AVE., SUITE 100, OMAHA NE 68114
Knudsen Ejnar A Iii director 1811 AKSARBEN DRIVE, OMAHA NE 68106
Todd A Becker officer: President and CEO 1811 AKSARBEN DRIVE, OMAHA NE 68106
James D Anderson director 1811 AKSARBEN DRIVE, OMAHA NE 68106
Van Der Meulen Leslie officer: EVP Product Mktg & Innovation 1811 AKSARBEN DRIVE, OMAHA NE 68106
Michelle Mapes officer: Exe VP, Gen Counsel & Corp Sec 1811 AKSARBEN DRIVE, OMAHA NE 68106
Brian Peterson director 1739 CHARLES AVE., LAWTON IA 51030
Chris Osowski officer: EVP Operations and Technology 1811 AKSARBEN DRIVE, OMAHA NE 68106
James E Stark officer: Chief Financial Officer 1811 AKSARBEN DRIVE, OMAHA NE 68106
Herbert James F Ii officer: Chief Human Resources Officer 1811 AKSARBEN DRIVE, OMAHA NE 68106
Grant D Kadavy officer: EVP Commercial Operations 1811 AKSARBEN DRIVE, OMAHA NE 68106
Paul E Kolomaya officer: EVP - Commodity Finance 1811 AKSARBEN DRIVE, OMAHA NE 68106
Farha Aslam director 1770 N PROMOTORY CIRCLE, GREELEY CO 80634
Hagstrom William J. Iii officer: EVP Strategy and Development 1811 AKSARBEN DR, OMAHA NE 68106
Martin Salinas director 1001 NOBLE ENERGY WAY, HOUSTON TX 77070