Paper Packaging Services was Greif’s largest segment in fiscal 2024, bringing in $4.52B of $7.34B (62%).
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rigid Industrial Packaging Services | — | — | — | — | ||||||||||||
| Rigid Industrial Packaging Services | — | — | — | — | ||||||||||||
| Rigid Industrial Packaging &Amp; Services | — | — | — | — | ||||||||||||
| Rigid Industrial Packaging & Services | — | — | — | — | ||||||||||||
| Paper Packaging Services | $4.36B | $5.35B | $4.44B | $4.52B | ||||||||||||
| Paper Packaging Services | — | — | — | — | ||||||||||||
| Global Industrial Packaging | $3.35B | $5.98B | $2.62B | $2.78B | ||||||||||||
| Paper Packaging &Amp; Services | — | — | — | — | ||||||||||||
| Paper Packaging | — | — | — | — | ||||||||||||
| Flexible Products Services | — | — | — | — | ||||||||||||
| Flexible Products Services | — | — | — | — | ||||||||||||
| Flexible Products &Amp; Services | — | — | — | — | ||||||||||||
| Flexible Products & Services | — | — | — | — | ||||||||||||
| Land Management | $42.00M | $44.00M | $42.60M | $40.60M | ||||||||||||
| Total | $7.75B | $11.37B | $7.10B | $7.34B |
Greif brought in $7.34B from its three segments in fiscal 2024, the year ended October 31, 2024. That is less than the $8.52B it reports by geography, so these segments do not cover all of its revenue. Paper Packaging Services was the largest at $4.52B (61.6%), ahead of Global Industrial Packaging at $2.78B (37.8%) and Land Management at $40.60M (0.6%).
Compared with fiscal 2023, Global Industrial Packaging grew 5.9% to $2.78B and Paper Packaging Services grew 2.0% to $4.52B.
United States was Greif’s largest region in fiscal 2024, bringing in $4.52B of $8.52B (53%).
| 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 | $4.41B | $5.26B | $4.44B | $4.52B | ||||||||||||
| North America | — | — | — | — | ||||||||||||
| Europe, Middle East & Africa | — | $3.40B | $2.62B | $2.78B | ||||||||||||
| Europe, Middle East, & Africa | $3.35B | — | — | — | ||||||||||||
| Asia Pacific & Other Americas | $1.20B | $1.33B | $1.07B | $1.22B | ||||||||||||
| Asia Pacific & Latin America | — | — | — | — | ||||||||||||
| Total | $8.95B | $9.99B | $8.12B | $8.52B |
Greif brought in $8.52B from its three regions in fiscal 2024, the year ended October 31, 2024. That was up 4.9% from $8.12B in fiscal 2023. United States was the largest at $4.52B (53.1%), ahead of Europe, Middle East & Africa at $2.78B (32.6%) and Asia Pacific & Other Americas at $1.22B (14.4%).
Compared with fiscal 2023, Asia Pacific & Other Americas grew fastest, up 14.9% to $1.22B. 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 $3.35B.
As Reported was Greif’s largest revenue line in fiscal 2012, bringing in $2.21B of $2.21B (100%).
| Error Corrections And Prior Period Adjustments Restatement By Restatement Period And Amount | FY 2010 | FY 2011 | FY 2011 | FY 2012 | FY 2012 | FY 2012 |
|---|---|---|---|---|---|---|
| As Reported | $6.92B | $1.89B | $2.10B | $1.99B | $2.19B | $2.21B |
| Adjustments | $600.00K | $200.00K | $200.00K | $200.00K | $5.80M | $200.00K |
| Total | $6.92B | $1.89B | $2.10B | $1.99B | $2.20B | $2.21B |
Greif brought in $2.21B from its two revenue lines in fiscal 2012, the year ended July 31, 2012. That was up 0.4% from $2.20B in fiscal 2012. As Reported was the largest at $2.21B (100.0%), ahead of Adjustments at $200.00K (0.0%).
From fiscal 2010 to 2012, combined revenue from these revenue lines fell from $6.92B to $2.21B, a compound annual decline of 43.6%. As Reported's share held steady at about 100.0%.
Greif (GEF) reports its revenue by segment, by geography and by error corrections and prior period adjustments restatement by restatement period and amount. In fiscal 2024, Paper Packaging Services was its largest segment, bringing in $4.52B (61.6% of the total), followed by Global Industrial Packaging at $2.78B (37.8%).
Paper Packaging Services was Greif's largest segment in fiscal 2024, bringing in $4.52B, or 61.6% of the $7.34B total across its three segments.
United States was Greif's largest region in fiscal 2024, bringing in $4.52B, or 53.1% of the $8.52B total across its three regions.
As Reported was Greif's largest revenue line in fiscal 2012, bringing in $2.21B, or 100.0% of the $2.21B total across its two revenue lines.
Global Industrial Packaging grew faster than Paper Packaging Services in fiscal 2024, up 5.9% from $2.62B to $2.78B. Paper Packaging Services grew 2.0% to $4.52B.
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.