Filing Flows › Greif (GEF) › Q2 FY25
Greif (GEF) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Jun 5, 2025
Greif (GEF) reported revenue of $1.4B for the second quarter fiscal 2025 (Q2 FY25), +1% from a year earlier and +9% from the quarter before. Operating margin was 8.6%, net earnings $47.3M (3.4% of revenue).
Greif, Q2 FY25: revenue $1.4B (+1% year over year), operating margin 8.6%, net earnings $47.3M, operating cash flow $136M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +9% | +1% |
| Gross profit | $320M | +30% | +18% |
| Operating profit | $119M | +98% | +21% |
| Net earnings | $47.3M | +450% | +7% |
| Operating cash flow | $136M | — | +56% |
| Free cash flow | $106M | — | +129% |
What changed
Revenue was $1.4B in Q2 FY25, up 1% year over year and up 9% from the previous quarter.
Gross margin was 23.1%, up 3.4 points from a year earlier. Operating profit was $0.12B, a 8.6% margin (up 1.4 points year over year). Of the extra revenue versus a year earlier, 139% reached operating profit, above the 7% margin then. Operating expenses grew 17% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+490%). Net earnings were $0.05B, up 7% year over year. The effective tax rate was 35.3%.
Operating cash flow was $0.14B (up 56% year over year), 250% of net income including minority interests. Non-cash charges added back $0.07B of depreciation and amortization. Working capital and other items added $0.02B. Capital expenditures of $0.03B left free cash flow of $0.11B.
Questions
What was Greif's revenue in the second quarter fiscal 2025?
Greif (GEF) reported revenue of $1.4B for the second quarter fiscal 2025 (Q2 FY25), +1% from a year earlier and +9% from the quarter before.
Was Greif profitable in the second quarter fiscal 2025?
Operating profit was $119M (8.6% of revenue) and net earnings $47.3M.
Source: Greif 10-Q on SEC EDGAR.