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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Net sales $ 1,205.8 $ 1,271.0
Cost of products sold 984.2 1,019.4
Gross profit 221.6 251.6
Selling, general and administrative expenses 145.8 139.4
Acquisition and integration related costs 2.6 7.5
Restructuring charges 5.7 2.4
Non-cash asset impairment charges 1.3 0.5
Gain on disposal of properties, plants and equipment, net (2.7) 0.0
Gain on disposal of businesses, net 0.0 (54.6)
Operating profit 68.9 156.4
Interest expense, net 24.2 22.8
Other expense, net 9.1 3.3
Income before income tax expense and equity earnings of unconsolidated affiliates, net 35.6 130.3
Income tax (benefit) expense (38.2) 37.7
Equity earnings of unconsolidated affiliates, net of tax (0.5) (0.5)
Net income 74.3 93.1
Net income attributable to noncontrolling interests (7.1) (3.2)
Net income attributable to Greif, Inc. $ 67.2 $ 89.9
Class A Common Stock    
Basic earnings per share attributable to Greif, Inc. common shareholders:    
Basic earnings per share attributable to Greif, Inc. common shareholders (in usd per share) $ 1.17 $ 1.55
Diluted earnings per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (in usd per share) $ 1.17 $ 1.54
Weighted-average number of common shares outstanding:    
Basic (in shares) 25,531,221 25,652,383
Diluted (in shares) 25,626,836 25,787,459
Cash dividends declared per common share:    
Cash dividends declared per common share (in usd per share) $ 0.52 $ 0.50
Class B Common Stock    
Basic earnings per share attributable to Greif, Inc. common shareholders:    
Basic earnings per share attributable to Greif, Inc. common shareholders (in usd per share) 1.75 2.31
Diluted earnings per share attributable to Greif, Inc. common shareholders:    
Diluted earnings per share attributable to Greif, Inc. common shareholders (in usd per share) $ 1.75 $ 2.31
Weighted-average number of common shares outstanding:    
Basic (in shares) 21,331,127 21,721,601
Diluted (in shares) 21,331,127 21,721,601
Cash dividends declared per common share:    
Cash dividends declared per common share (in usd per share) $ 0.77 $ 0.74