Greif Class A Highlights Strong Q2 Cash Flow, Deleveraging

Greif Class A ( (GEF) ) just unveiled an announcement.

Greif reported fiscal second quarter 2026 results on April 28, 2026, showing net income from continuing operations down 32.3% to $12.6 million, though net income excluding adjustments jumped 57.5% to $62.7 million and adjusted EBITDA rose 7.5% to $156.8 million versus a year earlier. Adjusted free cash flow surged to $179.3 million, while total debt fell to about $1.0 billion and net debt dropped to $719.8 million, reducing leverage to 1.1x, largely reflecting proceeds from the 2025 divestitures of the containerboard and timberlands businesses and a sharper focus on core packaging operations.

The company highlighted $75 million in run-rate cost optimization achieved by the end of the quarter, completion of a $150 million share repurchase program in April 2026, and the refinancing of long-term debt out to 2031 at a weighted-average interest rate of 3.14%, moves that management says strengthen its balance sheet and financial flexibility in a soft industrial demand environment. Despite subdued volumes and geopolitical headwinds, Greif’s leadership pointed to improved cash generation, a more resilient, focused business mix after portfolio reshaping, and high colleague engagement as factors positioning the company to navigate ongoing uncertainty and pursue disciplined organic growth and selective acquisitions.

The most recent analyst rating on (GEF) stock is a Hold with a $68.00 price target. To see the full list of analyst forecasts on Greif Class A stock, see the GEF Stock Forecast page.

Spark’s Take on GEF Stock

According to Spark, TipRanks’ AI Analyst, GEF is a Neutral.

The score is driven primarily by mixed financial performance—strong margins and improved leverage offset by weak recent cash conversion and modest revenue decline. Valuation is a major positive (low P/E and supportive dividend yield), while technical indicators point to weak near-term momentum. Earnings-call commentary adds confidence via reaffirmed guidance and cost/EBITDA progress, tempered by continued soft volumes.

To see Spark’s full report on GEF stock, click here.

More about Greif Class A

Greif, Inc., based in Delaware, Ohio, is a global leader in industrial packaging products and services, with operations spanning customized polymer, durable metal and sustainable fiber solutions, as well as closure systems. The company focuses on serving industrial customers worldwide with a broad portfolio of rigid, flexible and fiber-based packaging, along with related services and complementary products.

Average Trading Volume: 232,630

Technical Sentiment Signal: Buy

Current Market Cap: $3.34B

See more insights into GEF stock on TipRanks’ Stock Analysis page.