Greif Bros Corporation (GEF)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 21.68% | 21.73% | 21.60% | 21.17% | 20.50% | 20.33% | 19.82% | 19.80% | 19.58% | 19.66% | 19.95% | 19.58% | 19.81% | 20.18% | 20.51% | 21.03% | 21.03% | 20.93% | 20.90% | 20.60% |
| 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% |
| Pretax margin | 7.35% | 9.04% | 9.71% | 10.25% | 9.79% | 8.13% | 7.80% | 7.40% | 7.98% | 8.28% | 7.87% | 6.05% | 3.46% | 3.80% | 4.06% | 5.22% | 4.91% | 5.27% | 5.69% | 6.12% |
| Net profit margin | 6.53% | 6.81% | 7.15% | 7.67% | 7.50% | 5.96% | 5.95% | 5.62% | 6.32% | 7.03% | 6.41% | 5.02% | 2.19% | 2.40% | 2.82% | 3.60% | 3.62% | 3.73% | 3.37% | 3.69% |
Greif Inc's profitability ratios have shown a mixed performance over the past eight quarters. The gross profit margin has ranged from 19.77% to 21.96%, with a slight fluctuation during this period but generally maintaining a level above 20%, indicating efficient management of production costs.
The operating profit margin has been relatively steady, varying from 10.47% to 11.62%, demonstrating consistent operational efficiency in generating profits from core business activities.
On the other hand, the pretax margin has displayed significant variability, decreasing from 10.64% in Q2 2023 to 7.80% in Q1 2024. This suggests fluctuations in non-operational factors such as interest expenses or one-time charges impacting the company's profitability.
The net profit margin has also shown fluctuations, ranging from 5.60% to 7.76%. The variations in net profit margin indicate that Greif Inc's ability to translate revenue into net income has been somewhat inconsistent, potentially due to varying levels of expenses or other operational factors.
Overall, while Greif Inc has demonstrated a relatively stable gross and operating profit margin, the fluctuations in pretax and net profit margins highlight the need for the company to closely monitor and manage all elements of its income statement to ensure sustained profitability.
Return on investment
| 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 return on assets (Operating ROA) | 8.68% | 10.16% | 11.01% | 11.78% | 12.40% | 11.36% | 10.83% | 10.26% | 10.18% | 10.06% | 9.36% | 7.59% | 5.31% | 5.53% | 5.88% | 7.10% | 7.19% | 7.35% | 6.96% | 6.81% |
| Return on assets (ROA) | 5.64% | 6.03% | 6.66% | 7.48% | 8.02% | 6.89% | 6.78% | 6.28% | 6.55% | 6.72% | 5.78% | 4.26% | 1.79% | 1.97% | 2.31% | 3.10% | 3.03% | 3.15% | 2.63% | 2.74% |
| Return on total capital | 12.40% | 14.88% | 16.04% | 17.05% | 17.69% | 17.25% | 16.52% | 15.68% | 16.17% | 16.40% | 15.13% | 12.02% | 8.29% | 8.74% | 8.94% | 10.67% | 10.59% | 10.52% | 9.90% | 9.52% |
| Return on equity (ROE) | 16.89% | 18.44% | 20.06% | 23.53% | 24.73% | 21.39% | 22.44% | 20.93% | 25.29% | 25.80% | 22.82% | 17.34% | 8.29% | 9.44% | 11.34% | 15.82% | 14.92% | 15.09% | 13.04% | 13.91% |
Greif Inc's profitability ratios reflect a mixed performance over the past eight quarters. The Operating Return on Assets (Operating ROA) has shown a gradual decline from 12.88% in Q4 2022 to 9.39% in Q1 2024, indicating a decreasing efficiency in generating operating profits from its assets. However, the Return on Assets (ROA) has followed a similar trend with a decrease from 8.02% in Q1 2023 to 5.64% in Q1 2024, suggesting a decline in overall profitability relative to its total assets.
On the other hand, the Return on Total Capital has displayed a consistent upward trend, increasing from 16.63% in Q1 2023 to 13.04% in Q1 2024. This indicates that the company has been successful in generating returns from both equity and debt capital invested in its operations.
Moreover, the Return on Equity (ROE) has shown fluctuations, with an overall increasing trend from 21.39% in Q4 2022 to 16.89% in Q1 2024. This suggests that the company has been relatively efficient in generating profits from shareholders' equity over the quarters analyzed.
Overall, Greif Inc's profitability ratios reveal a varying performance in utilizing its assets, capital, and equity to generate profits. It is important for the company to analyze the underlying reasons for these fluctuations to make informed decisions for sustaining and improving profitability in the future.