Latest Ratios: P/E Ratio 4.9x · EV/EBITDA 8.7x · ROE 31.7%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.5B | $2.8B | $3.0B | $3.0B | $3.2B | $3.1B | $2.0B | $1.9B | $2.3B | $2.7B | $2.2B |
| Enterprise Value | $4.8B | $4.2B | $5.8B | $5.4B | $5.2B | $5.5B | $4.7B | $4.6B | $3.1B | $3.5B | $3.2B |
| P/E Ratio → | 4.90 | 3.98 | 13.46 | 8.39 | 8.54 | 8.05 | 18.04 | 11.03 | 10.85 | 22.39 | 29.85 |
| P/S Ratio | 0.81 | 0.66 | 0.68 | 0.58 | 0.51 | 0.57 | 0.44 | 0.41 | 0.59 | 0.73 | 0.67 |
| P/B Ratio | 1.15 | 0.93 | 1.31 | 1.43 | 1.78 | 1.97 | 1.61 | 1.56 | 1.91 | 2.46 | 2.26 |
| P/FCF | — | — | 17.43 | 6.92 | 6.78 | 12.66 | 6.18 | 8.31 | 21.84 | 13.37 | 11.83 |
| P/OCF | 59.38 | 48.54 | 8.30 | 4.64 | 4.89 | 7.95 | 4.32 | 4.85 | 8.97 | 8.71 | 7.44 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.97 | 1.34 | 1.03 | 0.83 | 1.00 | 1.03 | 0.99 | 0.80 | 0.96 | 0.95 |
| EV / EBITDA | 8.67 | 7.52 | 10.25 | 6.43 | 6.26 | 6.76 | 8.50 | 7.43 | 6.24 | 8.86 | 8.95 |
| EV / EBIT | 16.29 | 22.86 | 18.91 | 8.90 | 8.94 | 9.70 | 15.42 | 12.01 | 8.71 | 13.37 | 14.60 |
| EV / FCF | — | — | 34.36 | 12.33 | 11.06 | 22.28 | 14.64 | 20.08 | 29.69 | 17.52 | 16.70 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.2% | 22.2% | 20.6% | 22.0% | 20.2% | 19.7% | 20.3% | 20.9% | 20.4% | 19.6% | 20.6% |
| Operating Margin | 6.9% | 6.9% | 7.9% | 11.6% | 9.8% | 10.5% | 6.8% | 8.7% | 9.6% | 7.5% | 6.8% |
| Net Profit Margin | 19.6% | 19.6% | 6.1% | 6.9% | 5.9% | 7.0% | 2.4% | 3.7% | 5.4% | 3.3% | 2.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 31.7% | 31.7% | 12.2% | 18.3% | 22.1% | 27.7% | 8.9% | 14.2% | 18.5% | 11.5% | 7.2% |
| ROA | 13.5% | 13.5% | 4.2% | 6.3% | 6.7% | 6.9% | 2.0% | 4.0% | 6.5% | 3.7% | 2.3% |
| ROIC | 4.7% | 4.7% | 5.3% | 10.9% | 11.9% | 11.1% | 5.9% | 10.2% | 14.2% | 10.7% | 8.3% |
| ROCE | 5.7% | 5.7% | 6.4% | 12.8% | 13.9% | 13.0% | 6.7% | 11.2% | 14.6% | 10.8% | 8.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.52 | 0.52 | 1.36 | 1.20 | 1.20 | 1.57 | 2.29 | 2.27 | 0.76 | 0.90 | 1.04 |
| Debt / EBITDA | 2.84 | 2.84 | 5.40 | 3.04 | 2.60 | 3.07 | 5.11 | 4.48 | 1.84 | 2.46 | 2.90 |
| Net Debt / Equity | — | 0.43 | 1.28 | 1.12 | 1.12 | 1.50 | 2.20 | 2.21 | 0.69 | 0.76 | 0.93 |
| Net Debt / EBITDA | 2.38 | 2.38 | 5.05 | 2.82 | 2.42 | 2.92 | 4.92 | 4.35 | 1.65 | 2.10 | 2.61 |
| Debt / FCF | — | — | 16.93 | 5.41 | 4.27 | 9.63 | 8.47 | 11.77 | 7.85 | 4.15 | 4.87 |
| Interest Coverage | 3.24 | 3.24 | 2.28 | 6.27 | 9.59 | 6.16 | 2.61 | 3.38 | 6.95 | 4.33 | 2.87 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.47 | 1.47 | 1.53 | 1.46 | 1.43 | 1.27 | 1.30 | 1.51 | 1.47 | 1.45 | 1.40 |
| Quick Ratio | 1.17 | 1.17 | 1.13 | 1.10 | 1.05 | 0.89 | 1.01 | 1.08 | 1.03 | 1.04 | 0.98 |
| Cash Ratio | 0.23 | 0.23 | 0.19 | 0.19 | 0.14 | 0.09 | 0.11 | 0.09 | 0.14 | 0.21 | 0.16 |
| Asset Turnover | — | 0.74 | 0.65 | 0.88 | 1.16 | 0.96 | 0.82 | 0.85 | 1.21 | 1.13 | 1.05 |
| Inventory Turnover | 9.92 | 9.92 | 8.62 | 12.03 | 12.56 | 8.94 | 12.26 | 10.15 | 10.66 | 10.46 | 9.51 |
| Days Sales Outstanding | — | 55.75 | 62.90 | 46.12 | 43.06 | 58.43 | 51.46 | 52.76 | 43.03 | 44.84 | 43.84 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.9% | 3.6% | 4.1% | 3.9% | 3.5% | 3.4% | 5.3% | 5.5% | 4.4% | 3.7% | 4.4% |
| Payout Ratio | 12.0% | 12.0% | 45.5% | 32.4% | 29.5% | 27.1% | 95.9% | 60.8% | 47.8% | 83.1% | 131.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 20.4% | 25.1% | 7.4% | 11.9% | 11.7% | 12.4% | 5.5% | 9.1% | 9.2% | 4.5% | 3.4% |
| FCF Yield | — | — | 5.7% | 14.5% | 14.7% | 7.9% | 16.2% | 12.0% | 4.6% | 7.5% | 8.5% |
| Buyback Yield | 0.2% | 0.3% | 0.4% | 2.1% | 2.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% |
| Total Shareholder Yield | 3.1% | 3.8% | 4.5% | 6.0% | 5.7% | 3.4% | 5.3% | 5.5% | 4.4% | 3.7% | 4.6% |
| Shares Outstanding | — | $48M | $47M | $47M | $49M | $49M | $48M | $48M | $48M | $48M | $48M |
Cyclical industrial demand volatility
According to current market data, Greif trades at a TTM P/E of 4.99, which appears to discount the company's cyclical earnings volatility, while the forward P/E of 19.29 suggests that investors anticipate a significant contraction in near-term profitability compared to historical performance levels.
The wide divergence between trailing and forward multiples indicates that the market is pricing in a normalization of non-recurring gains that have historically inflated reported earnings. Investors should monitor whether the current P/S of 0.83 represents a value opportunity or a structural reflection of the company's limited growth prospects in a mature industrial packaging market.
Based on reported financial figures, Greif’s ROIC has consistently hovered near 1.0% over the last ten quarters, suggesting that the company is struggling to generate returns that exceed its cost of capital, a trend that warrants further investigation into the efficiency of recent large-scale capital deployments.
The persistent low ROIC indicates that the company's asset base, including its industrial manufacturing footprint, is not currently optimized for value creation. This performance gap relative to peers like AptarGroup suggests that Greif's capital-intensive model may be suffering from structural inefficiencies that are not easily corrected through incremental operational improvements.
As reported in recent quarterly filings, Greif’s cash conversion cycle has exhibited extreme swings, reaching as high as 325 days in 2025Q4, which highlights significant challenges in managing inventory and receivables effectively compared to the more stable turnover metrics observed in the broader industrial packaging sector.
The erratic nature of the CCC suggests that the company's supply chain and customer payment terms are highly sensitive to cyclical demand shifts. Investors should be wary of the high DIO and DSO figures, as they imply that capital is frequently trapped in inventory, limiting the firm's ability to maintain consistent liquidity during downturns.
According to recent balance sheet data, Greif has successfully reduced its debt-to-equity ratio from 1.52 in 2024Q2 to 0.38 in 2026Q2, signaling a deliberate and successful shift toward a more conservative capital structure that provides a necessary buffer against ongoing industrial demand volatility.
This rapid deleveraging appears to have strengthened the company's financial position, potentially providing the dry powder needed for future strategic acquisitions or to weather prolonged cyclical troughs. However, the reduction in leverage must be balanced against the simultaneous contraction in the asset base, which may limit future operational capacity.
The P/E ratio is frequently misapplied to Greif, as it fails to account for the significant impact of non-operating income and legacy pension adjustments that frequently distort the company's reported net income, thereby providing a misleading picture of core operational earning power for institutional investors.
Analysts should instead focus on EV/EBITDA or normalized free cash flow to better assess the company's true industrial performance. Relying on P/E in this context risks overestimating the company's profitability, as it ignores the volatility inherent in the Land Management segment and the non-recurring nature of recent asset-related gains.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying GEF stock.
Greif, Inc.'s current P/E ratio is 4.9x. The historical average is 20.2x. This places it at the 3th percentile of its historical range.
Greif, Inc.'s current EV/EBITDA is 8.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.9x.
Greif, Inc.'s return on equity (ROE) is 31.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 13.2%.
Based on historical data, Greif, Inc. is trading at a P/E of 4.9x. This is at the 3th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Greif, Inc.'s current dividend yield is 2.89% with a payout ratio of 12.0%.
Greif, Inc. has 22.2% gross margin and 6.9% operating margin.
Greif, Inc.'s Debt/EBITDA ratio is 2.8x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.