---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-25-000014"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-25T22:11:54.378573+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Greif Q1 net income down 87% to $0.15; Adj EBITDA up 6%; plans timberland sale for debt cut

## Summary
- Net income $8.6M ($0.15 diluted Class A EPS), vs $67.2M ($1.17) a year ago, down 87.2%.
- Adjusted EBITDA rose 5.9% to $145.1M; adjusted free cash flow negative $61.9M.
- Intends to divest ~176,000 acres of Southeastern US timberland; proceeds to reduce debt.
- Closure of Austell, GA paperboard machine and Fitchburg, MA mill; $13M annual cost savings achieved.
- Total debt $2.84B, net debt $2.64B; leverage ratio climbed to 3.63x from 2.46x.

## SEC filing metadata
- accession: 0000043920-25-000014
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000004392025000014/0000043920-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392025000014/gef-20250303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-25-000014
- JSON: https://secwatch.observer/filing/0000043920-25-000014.json
- Plain text: https://secwatch.observer/filing/0000043920-25-000014.txt

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