Greif Reports Fiscal 2026 Results with Significant EPS Growth and Debt Reduction
Greif (GEF) reported strong fiscal 2026 financial results, highlighted by a 75% improvement in Adjusted Class A EPS to $4.04. Despite facing weak industrial demand and volume declines in several product segments, the company achieved an Adjusted EBITDA of $625.7 million, a nearly 12% increase year-over-year. Growth was primarily driven by lower interest expenses, aggressive share repurchases totaling $225 million, and successful cost-saving initiatives. The company significantly strengthened its balance sheet, reducing its net leverage ratio from 3.5x to 1.2x through strategic divestitures and disciplined cash flow management. Looking ahead to fiscal 2027, Greif has issued Adjusted EBITDA guidance of $645 million and aims for an additional $45 million in cumulative annual run rate savings. Management remains focused on high-return organic growth projects in the polymers and closures sectors.
Tickers: $GEF
Topics: Cost Savings Earnings Report EBITDA EPS Financial Guidance Share Repurchases
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Part of the story Greif Increases Annual Cost Savings Target to $150 Million Following Q4 2026 Earnings (7 articles)