Greif Q4 net income jumps to $104.5M from $44.4M YoY; adj. EPS $1.93 vs $0.78

GREIF, INC

Q4 net income $104.5M ($1.74/sh) vs $44.4M ($0.74) YoY; adjusted net income $115.4M ($1.93/sh) vs $46.4M ($0.78).
Q4 adjusted EBITDA increased $56.8M to $211.3M; FY adjusted EBITDA increased $121.6M to $764.2M.
Total debt decreased $261.4M to $2,225.6M; net debt decreased $280.1M to $2,101.0M; leverage ratio improved to 2.49x from 3.66x.
Fiscal 2021 net income $390.7M ($6.54/sh), adjusted net income $334.5M ($5.60/sh); cash from operations $396.0M.

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