Greif Bros Corporation (GEF)
Pretax margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 319,600 | 494,700 | 525,700 | 478,600 | 186,100 |
| Revenue | US$ in thousands | 5,448,100 | 5,218,600 | 6,349,500 | 5,556,100 | 4,515,000 |
| Pretax margin | 5.87% | 9.48% | 8.28% | 8.61% | 4.12% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $319,600K ÷ $5,448,100K
= 5.87%
Greif Bros Corporation's pretax margin has fluctuated over the past five years. Starting at 4.12% on October 31, 2020, the margin improved to 8.61% by October 31, 2021. Subsequently, it slightly decreased to 8.28% by October 31, 2022, followed by a notable increase to 9.48% by October 31, 2023. However, there was a decline in the pretax margin to 5.87% by October 31, 2024. Overall, while there have been fluctuations in the pretax margin, the company has shown an ability to achieve higher levels of profitability in some periods, but there may be areas for improvement in maintaining consistency in margins.