Greif Bros Corporation (GEF)
Net profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 262,100 | 359,200 | 376,700 | 390,700 | 108,800 |
| Revenue | US$ in thousands | 5,448,100 | 5,218,600 | 6,349,500 | 5,556,100 | 4,515,000 |
| Net profit margin | 4.81% | 6.88% | 5.93% | 7.03% | 2.41% |
October 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $262,100K ÷ $5,448,100K
= 4.81%
Greif Bros Corporation has shown fluctuations in its net profit margin over the past five years. In October 31, 2020, the net profit margin was 2.41%, indicating that for every dollar of revenue, the company generated a profit of $0.0241. This margin improved significantly to 7.03% by October 31, 2021, suggesting improved profitability and efficient cost management.
However, in the subsequent years, there were some changes in the company's profitability. By October 31, 2022, the net profit margin decreased to 5.93%, followed by a slight increase to 6.88% by October 31, 2023. The most recent data point in October 31, 2024, reflects a lower net profit margin of 4.81%.
These variations in the net profit margin indicate that Greif Bros Corporation experienced shifts in its profitability performance during this period. It is important for the company to analyze the factors contributing to these fluctuations to sustain and enhance its financial performance in the future.