GREIF, INC GEF Income Statement

Greif, inc (GEF)

Income statement / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Jul'09
Net sales
4,810	4,595	4,350	4,110	3,865	3,873	3,854	3,803	3,723	3,638	3,537	3,420	3,373	3,323	3,324	3,409	3,485	3,616	3,796	3,990	4,139	4,239	4,183	4,189	4,212	4,219	4,162	4,136	4,145	4,129	4,325	4,344	4,297	4,248	4,110	3,910	3,696	3,461	3,185	0	0	0
Cost of products sold
3,800	3,635	3,444	3,266	3,075	3,084	3,087	3,067	2,999	2,923	2,822	2,715	2,676	2,638	2,655	2,749	2,818	2,946	3,091	3,234	3,361	3,428	3,350	3,356	3,381	3,387	3,361	3,350	3,356	3,350	3,535	3,545	3,497	3,449	3,313	3,132	2,956	2,760	2,548	0	0	0
Gross profit
1,009	959	905	843	790	788	766	736	723	714	715	705	696	684	669	659	667	669	704	755	778	811	833	833	831	832	801	785	788	779	790	798	800	798	797	777	739	701	636	0	0	0
Selling, general and administrative expenses
544	507	468	429	391	397	399	392	386	379	382	382	380	376	376	380	394	413	430	463	487	496	497	486	476	477	483	482	479	469	465	459	454	449	432	413	390	365	331	0	0	0
Restructuring Charges
25	26	25	19	18	18	17	18	17	12	17	24	24	26	31	37	39	40	32	20	16	16	12	9	5	4	3	5	15	23	0	0	0	-	-	-	-	26	30	0	0	0
Acquisition and integration related costs
32	29	22	16	3	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timberland gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	48	48	33	17	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash asset impairment charges
5	7	6	7	7	8	6	7	8	7	12	14	14	51	68	82	84	45	42	40	35	35	17	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of properties, plants and equipment, net
13	13	5	5	1	5	4	3	4	0	4	4	10	10	7	13	6	7	12	6	7	8	5	5	7	5	7	8	7	7	0	0	0	-	-	-	-	11	12	0	0	0
Gain (Loss) on Disposition of Assets
-	-	0	0	-	-	0	0	-	-1	-16	-15	-15	-14	3	3	-10	-9	12	2	14	11	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income (Loss)
411	399	386	375	372	370	329	305	299	299	291	272	273	225	204	176	145	192	198	215	243	249	308	344	349	341	306	294	288	281	286	307	319	330	365	355	337	321	286	0	0	0
Interest expense, net
-131	-112	-92	-70	-49	-51	-51	-53	-54	-60	-63	-70	-75	-75	-76	-75	-73	-74	-76	-78	-81	-81	-83	-81	-82	-83	-220	-179	-134	-89	-59	-63	-69	-76	69	67	66	65	59	0	0	0
Debt extinguishment charges
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash pension settlement income
0	-	0	-	0	-	0	-	-	-27	-25	-24	-23	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (income) expense, net
-4	-2	-4	-10	-10	-18	-18	-15	-16	-12	-9	-11	-9	-9	-9	-5	-6	-3	-3	-7	-6	-9	-11	-14	-12	-13	-14	-9	-11	-7	0	0	0	-	-	-	-	7	8	0	0	0
Income before income tax expense and equity earnings of unconsolidated affiliates, net
253	262	266	271	311	299	256	234	225	200	191	166	164	141	117	96	65	114	117	129	155	158	213	248	253	243	205	197	187	183	188	207	220	240	283	278	268	248	217	0	0	0
Income tax expense
62	70	100	99	108	73	36	37	39	67	90	66	72	66	40	56	36	48	96	106	116	115	104	102	102	98	68	67	63	61	-2	-10	65	67	132	129	49	43	43	0	0	0
Equity earnings of unconsolidated affiliates, net of tax
3	2	3	2	3	3	2	1	0	-	0	0	-	-	0	-	-	-	0	0	-	1	2	2	2	2	1	-0	1	1	0	0	0	-	-	-	-	3	3	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
194	194	169	174	205	229	223	199	187	135	101	100	93	75	78	41	29	67	22	24	41	44	111	149	154	147	138	128	125	123	119	148	159	177	229	228	222	208	178	0	0	0
Net Income (Loss) Attributable to Noncontrolling Interest
20	23	23	23	22	20	21	20	17	16	8	4	2	0	-0	-0	-1	-4	-45	-48	-49	-46	-0	3	2	2	4	3	5	5	8	4	4	2	-2	1	4	5	7	0	0	0
Net income attributable to Greif, Inc.
173	171	146	151	182	209	202	178	169	118	93	96	91	74	78	41	30	71	68	73	90	91	117	150	151	144	130	120	120	118	116	145	156	174	226	226	218	202	171	0	0	0
Class A Common Stock
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share)
0.55	1.09	1.06	0.23	0.51	0.68	1.15	0.77	0.96	0.57	0.74	0.61	0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share)
0.55	1.09	1.06	0.23	0.51	0.67	1.15	0.77	0.96	0.57	0.74	0.61	0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic
26	-	26	26	25	-	25	25	25	-	25	25	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
26	-	26	26	25	-	25	25	25	-	25	25	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends declared per common share (usd per share)
0.44	-	0.44	0.44	0.44	-	0.42	0.42	0.42	-	0.42	0.42	0.42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B Common Stock
Basic earnings per share attributable to Greif, Inc. common shareholders (usd per share)
0.81	1.65	1.59	0.34	0.75	1.03	1.72	1.14	1.44	0.85	1.12	0.92	0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share attributable to Greif, Inc. common shareholders (usd per share)
0.81	1.65	1.59	0.34	0.75	1.03	1.72	1.14	1.44	0.85	1.12	0.92	0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic
22	-	22	22	22	-	22	22	22	-	22	22	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
22	-	22	22	22	-	22	22	22	-	22	22	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends declared per common share (usd per share)
0.65	-	0.66	0.66	0.65	-	0.63	0.63	0.62	-	0.63	0.63	0.62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-