Cost Cuts Drive 87% Q3 Earnings Surge at Greif; FY26 EBITDA Guidance Raised to $615M–$635M, $150M Buyback Launched

summarizeSummary

Greif posted Q3 adjusted EBITDA of $183.4M (+25% YoY) and raised FY2026 guidance. A new $150M buyback and a 10.7% dividend hike underscore strong cash flow and balance sheet strength.

check_boxKey Events · Earnings and Guidance · GEF

• Q3 Earnings Beat

  Adjusted EBITDA rose 25% to $183.4M, while adjusted EPS nearly doubled to $1.61 from $0.86 a year ago, driven by cost optimization and price/cost gains.

• FY2026 Guidance Raised

  Adjusted EBITDA guidance was lifted to $615M–$635M (from a $610M low end), implying 10–13% growth; adjusted free cash flow is seen at $305M–$325M.

• New $150M Share Buyback

  The board approved an additional $150M repurchase plan, adding to the $150M completed earlier this year; management views the stock as attractive.

• Dividend Increased 10.7%

  The quarterly dividend was raised to $0.62 per Class A share, reflecting strong free cash flow and confidence in long-term earnings power.

auto_awesomeAnalysis · GEF · Manufacturing

A strong quarter saw adjusted EBITDA climb 25% to $183.4 million and adjusted EPS nearly double to $1.61, powered by cost optimization and favorable price/cost dynamics. Reflecting confidence in its cash generation, the company raised full-year EBITDA guidance to $615–$635 million and unveiled a new $150 million share repurchase plan. The balance sheet remains robust with leverage at just 1.1x, while the bolt-on Envaplast acquisition strengthens its position in agrochemical markets. Although industrial demand is still uneven, these results demonstrate that structural improvements are translating into higher earnings power.