---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-24-000050"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T07:38:01.955237+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Greif Q4 net income down 6.5% to $63.4M, EPS $1.08; FY adjusted EBITDA -15.6%; announces $100M cost cut plan

## Summary
- Q4 net income $63.4M ($1.08 diluted EPS) vs $67.8M ($1.16) last year; adjusted EPS $1.13 vs $1.59.
- FY net income $262.1M ($4.52 EPS) vs $359.2M ($6.15); adjusted EBITDA $694.2M, down 15.6%.
- Total debt $2,740.6M, leverage ratio 3.53x vs 2.2x a year ago; net debt $2,542.9M.
- Announced target to eliminate $100M of structural costs via SG&A rationalization, network optimization, operational efficiency.
- Segment structure changes to four new segments (Customized Polymer, Durable Metal, Sustainable Fiber, Integrated) starting Q1 2025.

## SEC filing metadata
- accession: 0000043920-24-000050
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000004392024000050/0000043920-24-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392024000050/gef-20241205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-24-000050
- JSON: https://secwatch.observer/filing/0000043920-24-000050.json
- Plain text: https://secwatch.observer/filing/0000043920-24-000050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.