Greif Q3 FY26 adjusted Class A EPS more than doubled to 1.61; adjusted EBITDA climbs 24.7% to 183.4 million
GEF•Cash flow and leverage
Adjusted free cash flow fell to $57.7 million from a year earlier, on higher inventory tied to supply-continuity decisions and higher raw material costs.
Leverage ratio was 1.1x in Q3.
Quarterly earnings and EBITDA rise
Greif posted Q3 2026 adjusted EBITDA of $183.4 million, up 24.7% year over year; adjusted EBITDA margin widened 260 basis points to 15.7%.
Adjusted Class A earnings per share rose 87% to $1.61, driven by higher EBITDA, lower interest expense, and a more favorable quarterly effective tax rate.
Full-year guidance and capital return
FY 2026 guidance calls for adjusted EBITDA of $615 million-$635 million and adjusted free cash flow of $305 million-$325 million, implying about 50% conversion.
Greif announced a 10%+ dividend increase and highlighted $90 million in run-rate cost optimization achieved.
