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Greif GEF Durable Metal Solutions — Non-cash asset impairment charges
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Where this comes from
Reported directly by Greif in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The source filing: Greif’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 3:37 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-050547
| (in millions) | Customized Polymer Solutions | Durable Metal Solutions | Sustainable Fiber Solutions | Innovative Closure Solutions | Consolidated |
|---|---|---|---|---|---|
| Selling, general and administrative expenses | 52.9 | 34.9 | 54.3 | 7.4 | 149.5 |
| Acquisition and integration related costs | 1.5 | — | — | — | 1.5 |
| Restructuring and other charges | 3.5 | 2.9 | 4.2 | 1.5 | 12.1 |
| Non-cash asset impairment charges | 0.4 | 0.4 | 0.5 | 0.1 | 1.4 |
| Loss on disposal of properties, plants and equipment, net | — | — | 0.2 | — | 0.2 |
| Operating profit | $32.8 | $52.7 | $13.9 | $8.5 | $107.9 |
| Nine Months Ended June 30, 2026 | |||||
| (in millions) | Customized Polymer Solutions | Durable Metal Solutions | Sustainable Fiber Solutions | Innovative Closure Solutions | Consolidated |
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FAQ
- What is Greif's durable metal solutions — non-cash asset impairment charges?
- Greif (GEF) reported durable metal solutions — non-cash asset impairment charges of $400K in Q2 2026.
- How has Greif's durable metal solutions — non-cash asset impairment charges changed year-over-year?
- Greif's durable metal solutions — non-cash asset impairment charges increased by 300.0% year-over-year, from $100K to $400K.
- What does durable metal solutions — non-cash asset impairment charges mean?
- Measures the reduction in the carrying value of long-lived assets within the Durable Metal Solutions segment when their fair value falls below their book value. This non-cash expense signals potential challenges in asset utilization or changes in market conditions affecting the segment's long-term outlook. It is a key indicator of potential asset underperformance or strategic shifts.
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