Global Industrial Packaging was Greif’s largest segment in fiscal 2024, bringing in $3.12B of $5.45B (57%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Global Industrial Packaging | $3.32B | $3.65B | $2.94B | $3.12B | ||||||||||||
| Rigid Industrial Packaging Services | — | — | — | — | ||||||||||||
| Rigid Industrial Packaging & Services | — | — | — | — | ||||||||||||
| Paper Packaging Services | $2.22B | $2.68B | $2.26B | $2.30B | ||||||||||||
| Paper Packaging & Services | — | — | — | — | ||||||||||||
| Paper Packaging | — | — | — | — | ||||||||||||
| Flexible Products Services | — | — | — | — | ||||||||||||
| Flexible Products & Services | — | — | — | — | ||||||||||||
| Land Management | $21.00M | $22.00M | $21.30M | $20.30M | ||||||||||||
| Total | $5.56B | $6.35B | $5.22B | $5.45B |
Greif brought in $5.45B from its three segments in fiscal 2024, the year ended October 31, 2024. That was up 4.4% from $5.22B in fiscal 2023. Global Industrial Packaging was the largest at $3.12B (57.3%), ahead of Paper Packaging Services at $2.30B (42.3%) and Land Management at $20.30M (0.4%).
Compared with fiscal 2023, Global Industrial Packaging grew 6.4% to $3.12B and Paper Packaging Services grew 1.9% to $2.30B. From fiscal 2021 to 2024, combined revenue from these segments fell from $5.56B to $5.45B, a compound annual decline of 0.7%. Global Industrial Packaging's share of the total fell from 59.7% to 57.3%.
United States was Greif’s largest region in fiscal 2024, bringing in $3.41B of $5.45B (63%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $3.25B | $3.94B | $3.33B | $3.41B | ||||||||||||
| North America | — | — | — | — | ||||||||||||
| Europe, Middle East & Africa | — | $1.70B | $1.31B | $1.39B | ||||||||||||
| Europe, Middle East, & Africa | $1.67B | — | — | — | ||||||||||||
| Asia Pacific & Other Americas | $634.70M | $708.90M | $575.40M | $654.40M | ||||||||||||
| Asia Pacific & Latin America | — | — | — | — | ||||||||||||
| Total | $5.56B | $6.35B | $5.22B | $5.45B |
Greif brought in $5.45B from its three regions in fiscal 2024, the year ended October 31, 2024. That was up 4.4% from $5.22B in fiscal 2023. United States was the largest at $3.41B (62.5%), ahead of Europe, Middle East & Africa at $1.39B (25.5%) and Asia Pacific & Other Americas at $654.40M (12.0%).
Compared with fiscal 2023, Asia Pacific & Other Americas grew fastest, up 13.7% to $654.40M. Every region above 2% of revenue grew.
Greif stopped reporting Europe, Middle East, & Africa as a separate region after fiscal 2021, when it brought in $1.67B.
As Reported was Greif’s largest revenue line in fiscal 2010, bringing in $3.46B of $3.46B (100%).
| Error Corrections And Prior Period Adjustments Restatement By Restatement Period And Amount | FY 2010 |
|---|---|
| As Reported | $3.46B |
| Adjustments | $300.00K |
| Total | $3.46B |
Greif brought in $3.46B from its two revenue lines in fiscal 2010, the year ended October 31, 2010. As Reported was the largest at $3.46B (100.0%), ahead of Adjustments at $300.00K (0.0%).
Greif (GEF-B) reports its revenue by segment, by geography and by error corrections and prior period adjustments restatement by restatement period and amount. In fiscal 2024, Global Industrial Packaging was its largest segment, bringing in $3.12B (57.3% of the total), followed by Paper Packaging Services at $2.30B (42.3%).
Global Industrial Packaging was Greif's largest segment in fiscal 2024, bringing in $3.12B, or 57.3% of the $5.45B total across its three segments.
United States was Greif's largest region in fiscal 2024, bringing in $3.41B, or 62.5% of the $5.45B total across its three regions.
As Reported was Greif's largest revenue line in fiscal 2010, bringing in $3.46B, or 100.0% of the $3.46B total across its two revenue lines.
Global Industrial Packaging grew faster than Paper Packaging Services in fiscal 2024, up 6.4% from $2.94B to $3.12B. Paper Packaging Services grew 1.9% to $2.30B.
Every figure comes from Greif's annual financial filings, as reported. Each line keeps the name Greif gives it, and years follow its fiscal calendar.
Greif's revenue by segment goes back to fiscal 2009, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.