Greif Bros Corporation (GEF)
Operating profit margin
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 518,000 | 605,500 | 646,500 | 696,600 | 705,600 | 621,200 | 609,300 | 576,700 | 587,200 | 585,200 | 535,500 | 424,300 | 295,700 | 304,900 | 328,800 | 392,500 | 411,100 | 399,100 | 386,700 | 375,100 |
| Revenue (ttm) | US$ in thousands | 5,149,200 | 5,273,800 | 5,465,400 | 5,766,100 | 6,085,200 | 6,322,000 | 6,413,400 | 6,278,700 | 5,977,000 | 5,559,600 | 5,156,700 | 4,746,200 | 4,565,300 | 4,532,800 | 4,593,500 | 4,764,000 | 4,800,700 | 4,585,700 | 4,334,200 | 4,093,900 |
| Operating profit margin | 10.06% | 11.48% | 11.83% | 12.08% | 11.60% | 9.83% | 9.50% | 9.19% | 9.82% | 10.53% | 10.38% | 8.94% | 6.48% | 6.73% | 7.16% | 8.24% | 8.56% | 8.70% | 8.92% | 9.16% |
January 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $518,000K ÷ $5,149,200K
= 10.06%
The operating profit margin of Greif Inc has shown a relatively stable trend over the past eight quarters. It ranged from 10.47% in Q2 2022 to 11.62% in Q2 2023, showing consistency in maintaining profitability levels. The highest operating profit margin was recorded in Q2 2023 at 11.62%, indicating the company's efficient cost management and revenue generation during that period. However, in the latest quarter, Q1 2024, the operating profit margin decreased slightly to 10.88%, which could be a point of attention for the company to assess its operational efficiency and profitability drivers. Overall, Greif Inc has demonstrated a consistent performance in managing its operating expenses in relation to its revenue generation, although there are fluctuations in profitability levels across different quarters.