NASDAQ : GPRE
Green Plains Inc. — Financial statements
Materials · Chemicals · United States
Last price 13.62 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 954.70M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Green Plains Inc. (GPRE) reported revenue of 1.83B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.83B | 2.09B | 2.46B | 3.30B | 3.66B | 2.83B |
| Cost of Revenue | 1.54B | 1.95B | 2.33B | 3.13B | 3.55B | 2.65B |
| Gross Profit | 293.43M | 140.01M | 130.45M | 164.75M | 112.68M | 179.00M |
| Selling, General & Admin | 89.36M | 104.12M | 118.05M | 133.35M | 118.93M | 91.14M |
| Operating Expenses | 184.93M | 199.46M | 205.13M | 231.59M | 211.63M | 183.09M |
| Operating Income | 108.50M | -59.45M | -74.68M | -66.84M | -98.95M | -4.09M |
| Interest Expense | -73.47M | -76.67M | -33.09M | -37.70M | -32.64M | -67.14M |
| Interest & Investment Income | 6.91M | 4.18M | 7.56M | 11.71M | 5.28M | 575.00K |
| Earnings From Equity Investments | 221.00K | -28.93M | -3.68M | 433.00K | 71.00K | 700.00K |
| Other Non Operating Income (Expenses) | -849.00K | -1.41M | 1.70M | 1.78M | -88.00K | -1.94M |
| EBT Excluding Unusual Items | 41.32M | -162.28M | -102.20M | -90.62M | -126.33M | -71.90M |
| Merger & Restructuring Charges | -5.24M | -24.34M | ||||
| Gain (Loss) on Sale of Assets | 31.74M | 16.97M | 30.72M | 5.26M | 29.60M | |
| Asset Writedown | -3.10M | -3.50M | ||||
| Other Unusual Items | 3.44M | 27.70M | ||||
| Pretax Income | 67.82M | -172.75M | -74.98M | -81.92M | -98.63M | -42.30M |
| Income Tax Expense | -56.72M | -51.75M | 6.21M | -5.62M | 4.75M | 1.84M |
| Earnings From Continuing Operations | 124.54M | -121.00M | -81.19M | -76.30M | -103.38M | -44.15M |
| Net Income to Company | 124.54M | -121.00M | -81.19M | -76.30M | -103.38M | -44.15M |
| Minority Interest in Earnings | -586.00K | -278.00K | -1.31M | -17.09M | -23.84M | -21.85M |
| Net Income | 123.95M | -121.28M | -82.50M | -93.38M | -127.22M | -65.99M |
| Net Income to Common | 123.95M | -121.28M | -82.50M | -93.38M | -127.22M | -65.99M |
| Shares Outstanding (Basic) | 69.34M | 67.50M | 63.80M | 58.81M | 55.54M | 46.65M |
| Shares Outstanding (Diluted) | 77.04M | 67.50M | 63.80M | 58.81M | 55.54M | 46.65M |
| EPS (Basic) | 1.79 | -1.80 | -1.29 | -1.59 | -2.29 | -1.41 |
| EPS (Diluted) | 1.67 | -1.80 | -1.29 | -1.59 | -2.29 | -1.41 |
| Free Cash Flow | 127.39M | 73.67M | -125.05M | -51.75M | -142.66M | -182.95M |
| Free Cash Flow Per Share | 1.65 | 1.09 | -1.96 | -0.88 | -2.57 | -3.92 |
| Gross Margin | 16.04% | 6.69% | 5.30% | 5.00% | 3.08% | 6.33% |
| Operating Margin | 5.93% | -2.84% | -3.04% | -2.03% | -2.70% | -0.14% |
| Profit Margin | 6.78% | -5.80% | -3.36% | -2.83% | -3.47% | -2.33% |
| Free Cash Flow Margin | 6.96% | 3.52% | -5.09% | -1.57% | -3.90% | -6.47% |
| EBITDA | 204.08M | 35.88M | 12.40M | 31.40M | -6.25M | 87.86M |
| EBITDA Margin | 11.16% | 1.72% | 0.50% | 0.95% | -0.17% | 3.11% |
| D&A For EBITDA | 95.57M | 95.33M | 87.09M | 98.24M | 92.70M | 91.95M |
| EBIT | 108.50M | -59.45M | -74.68M | -66.84M | -98.95M | -4.09M |
| EBIT Margin | 5.93% | -2.84% | -3.04% | -2.03% | -2.70% | -0.14% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 185.38M | 182.32M | 173.04M | 349.57M | 444.66M | 426.22M |
| Short-Term Investments | 124.86M | |||||
| Cash & Short-Term Investments | 185.38M | 182.32M | 173.04M | 349.57M | 444.66M | 551.08M |
| Accounts Receivable | 79.58M | 74.37M | 94.90M | 94.45M | 108.61M | 119.96M |
| Other Receivables | 133.18M | 1.29M | 911.00K | |||
| Receivables | 212.77M | 74.37M | 94.90M | 94.45M | 109.90M | 120.87M |
| Inventory | 128.56M | 148.09M | 227.44M | 215.81M | 278.95M | 267.84M |
| Prepaid Expenses | 17.05M | 18.12M | 27.14M | 23.94M | 19.84M | 16.48M |
| Restricted Cash | 57.69M | 47.81M | 36.35M | 29.19M | 55.62M | 134.74M |
| Other Current Assets | 24.00M | 11.49M | 10.15M | 19.77M | 19.79M | 26.74M |
| Total Current Assets | 625.45M | 482.21M | 569.03M | 732.73M | 928.75M | 1.12B |
| Property, Plant & Equipment | 981.85M | 1.02B | 1.11B | 1.10B | 1.10B | 957.56M |
| Long-Term Investments | 51.60M | 41.70M | 17.30M | 7.20M | ||
| Goodwill | 18.50M | 18.50M | 29.10M | 29.10M | 29.13M | |
| Other Intangible Assets | 10.48M | 12.67M | 15.14M | 17.99M | 22.75M | |
| Long-Term Deferred Tax Assets | 33.84M | |||||
| Other Long-Term Assets | 49.76M | 12.27M | 15.76M | 24.73M | 27.42M | 25.36M |
| Total Assets | 1.66B | 1.58B | 1.78B | 1.94B | 2.12B | 2.16B |
| Accounts Payable | 94.69M | 134.91M | 154.82M | 186.64M | 234.30M | 146.06M |
| Accrued Expenses | 42.53M | 63.43M | 51.62M | 47.11M | 42.53M | 53.68M |
| Short-Term Debt | 27.00M | 33.58M | 140.83M | 105.97M | 137.68M | 173.42M |
| Current Portion of Long-Term Debt | 69.51M | 3.92M | 2.12M | 1.83M | 1.84M | 35.28M |
| Current Portion of Leases | 23.51M | 21.56M | 24.71M | 22.91M | 20.72M | 16.81M |
| Current Unearned Revenue | 29.90M | 3.40M | ||||
| Other Current Liabilities | 26.61M | 7.90M | 11.59M | 20.49M | 49.85M | 46.54M |
| Total Current Liabilities | 313.75M | 268.71M | 385.69M | 384.96M | 486.92M | 471.80M |
| Long-Term Debt | 387.18M | 361.99M | 432.46M | 491.92M | 495.24M | 514.01M |
| Long-Term Leases | 41.44M | 43.65M | 49.19M | 53.88M | 55.52M | 49.80M |
| Pension & Post-Retirement Benefits | 100.00K | 700.00K | 1.00M | 1.30M | 700.00K | |
| Other Long-Term Liabilities | 44.86M | 131.98M | 39.60M | 17.51M | 23.09M | 21.43M |
| Total Liabilities | 787.22M | 806.42M | 907.64M | 949.27M | 1.06B | 1.06B |
| Common Stock | 76.00K | 76.00K | 68.00K | 62.00K | 62.00K | 62.00K |
| Additional Paid-In Capital | 1.27B | 1.27B | 1.21B | 1.11B | 1.11B | 1.07B |
| Retained Earnings | -339.49M | -439.58M | -318.30M | -235.80M | -142.42M | -15.20M |
| Treasury Stock | -61.47M | -61.47M | -31.17M | -31.17M | -31.17M | -91.63M |
| Comprehensive Income & Other | 2.01M | -618.00K | 973.00K | -3.16M | -26.59M | -12.31M |
| Total Common Equity | 869.93M | 766.25M | 865.22M | 843.73M | 910.03M | 950.50M |
| Minority Interest | -89.00K | 5.72M | 9.32M | 146.32M | 151.03M | 151.52M |
| Shareholders' Equity | 869.85M | 771.97M | 874.54M | 990.06M | 1.06B | 1.10B |
| Total Liabilities & Equity | 1.66B | 1.58B | 1.78B | 1.94B | 2.12B | 2.16B |
| Total Debt | 548.63M | 464.70M | 649.31M | 676.51M | 711.00M | 789.32M |
| Net Cash (Debt) | -363.25M | -282.39M | -476.27M | -326.94M | -266.33M | -238.24M |
| Net Cash Per Share | -4.71 | -4.18 | -7.47 | -5.56 | -4.80 | -5.11 |
| Filing Date Shares Outstanding | 70.10M | 69.84M | 64.73M | 64.26M | 59.29M | 53.62M |
| Total Common Shares Outstanding | 70.10M | 69.83M | 64.71M | 59.52M | 59.30M | 53.60M |
| Working Capital | 311.70M | 213.51M | 183.34M | 347.77M | 441.83M | 645.95M |
| Book Value Per Share | 12.41 | 10.97 | 13.37 | 14.18 | 15.35 | 17.73 |
| Tangible Book Value | 869.93M | 737.27M | 834.05M | 799.49M | 862.94M | 898.62M |
| Tangible Book Value Per Share | 12.41 | 10.56 | 12.89 | 13.43 | 14.55 | 16.77 |
| Land | 94.05M | 107.54M | 107.40M | 90.94M | 83.40M | |
| Buildings | 235.26M | 218.66M | 218.27M | 186.39M | 180.71M | |
| Machinery | 1.21B | 1.23B | 1.20B | 1.11B | 1.02B | |
| Construction In Progress | 39.49M | 174.15M | 115.24M | 207.37M | 111.75M | |
| Leasehold Improvements | 40.99M | 27.52M | 31.55M | 29.07M | 27.61M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 123.95M | -121.28M | -82.50M | -93.38M | -127.22M | -65.99M |
| Depreciation & Amortization | 95.57M | 95.33M | 87.09M | 98.24M | 92.70M | 91.95M |
| Other Amortization | 5.05M | 9.97M | 2.28M | 2.69M | 3.89M | 8.40M |
| Loss (Gain) From Sale of Assets | -31.74M | -16.97M | -30.72M | -5.26M | -29.60M | |
| Asset Writedown & Restructuring Costs | 3.10M | 3.50M | ||||
| Loss (Gain) on Equity Investments | -221.00K | 28.93M | 4.25M | -433.00K | 566.00K | 800.00K |
| Stock-Based Compensation | 10.20M | 17.12M | 8.27M | 13.03M | 9.07M | 6.06M |
| Other Operating Activities | -12.11M | -4.39M | 9.32M | 15.06M | 40.31M | 57.31M |
| Change in Accounts Receivable | -2.83M | 19.27M | -455.00K | 14.16M | 8.52M | -64.09M |
| Change in Inventory | 17.12M | 66.66M | -12.74M | 53.47M | -23.43M | -20.54M |
| Change in Accounts Payable | 9.26M | -16.19M | -27.91M | -34.57M | 75.31M | 17.19M |
| Change in Income Taxes | 7.95M | 4.72M | -285.00K | 497.00K | 841.00K | -699.00K |
| Change in Other Net Operating Assets | -68.33M | 24.59M | 9.93M | -7.16M | -10.85M | 3.46M |
| Operating Cash Flow | 153.88M | 110.86M | -29.96M | 56.35M | 69.71M | 4.25M |
| Capital Expenditures | -26.49M | -37.20M | -95.08M | -108.09M | -212.37M | -187.19M |
| Sale of Property, Plant & Equipment | 181.49M | 179.91M | 48.70M | 25.40M | 87.22M | |
| Investment in Securities | 24.33M | 19.42M | -15.67M | -24.21M | 107.37M | -127.81M |
| Other Investing Activities | -253.00K | -8.50M | ||||
| Investing Cash Flow | 179.33M | 162.13M | -62.05M | -106.90M | -105.25M | -236.28M |
| Short-Term Debt Issued | 401.34M | 758.10M | 1.19B | 1.86B | 3.47B | |
| Long-Term Debt Issued | 30.00M | 45.00M | 367.70M | |||
| Total Debt Issued | 237.72M | 431.34M | 758.10M | 1.19B | 1.91B | 3.84B |
| Short-Term Debt Repaid | -505.64M | -724.13M | -1.22B | -1.90B | -3.45B | |
| Long-Term Debt Repaid | -132.60M | -61.70M | -4.84M | -1.75M | -188.70M | |
| Total Debt Repaid | -429.52M | -638.24M | -785.83M | -1.23B | -1.90B | -3.63B |
| Net Debt Issued (Repaid) | -191.81M | -206.91M | -27.73M | -37.62M | 8.15M | 206.91M |
| Issuance of Common Stock | 355.98M | |||||
| Repurchase of Common Stock | -33.12M | -32.16M | -4.70M | -9.02M | -3.81M | -4.67M |
| Common Dividends Paid | -721.00K | -721.00K | -22.55M | |||
| Other Financing Activities | -17.21M | -12.48M | -44.92M | -24.32M | -6.93M | -40.03M |
| Financing Cash Flow | -242.86M | -252.26M | -77.35M | -70.96M | -25.14M | 518.19M |
| Net Cash Flow | 90.36M | 20.74M | -169.37M | -121.51M | -60.68M | 286.15M |
| Free Cash Flow | 127.39M | 73.67M | -125.05M | -51.75M | -142.66M | -182.95M |
| Free Cash Flow Margin | 6.96% | 3.52% | -5.09% | -1.57% | -3.90% | -6.47% |
| Free Cash Flow Per Share | 1.65 | 1.09 | -1.96 | -0.88 | -2.57 | -3.92 |
| Levered Free Cash Flow | 32.91M | 87.86M | -113.86M | -30.97M | -25.97M | -235.99M |
| Unlevered Free Cash Flow | 73.78M | 125.81M | -95.45M | -10.10M | -9.46M | -202.43M |
| Cash Interest Paid | 34.83M | 35.15M | 31.31M | 35.16M | 30.89M | 29.37M |
| Cash Income Tax Paid | 1.77M | 486.00K | 1.24M | 583.00K | 1.48M | |
| Change in Working Capital | -36.83M | 99.06M | -31.46M | 26.40M | 50.39M | -64.69M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 976.43M | 684.38M | 612.89M | 1.50B | 1.81B | 1.86B |
| Enterprise Value | 1.34B | 989.40M | 1.03B | 2.06B | 2.28B | 2.20B |
| Last Close Price | 14.10 | 9.80 | 9.48 | 25.22 | 30.50 | 34.76 |
| Forward PE | 7.53 | 55.90 | 131.12 | 17.87 | 63.82 | 41.58 |
| PS Ratio | 0.54 | 0.33 | 0.25 | 0.46 | 0.49 | 0.66 |
| PB Ratio | 1.14 | 0.89 | 0.70 | 1.52 | 1.70 | 1.69 |
| P/TBV Ratio | 1.13 | 0.93 | 0.73 | 1.88 | 2.10 | 2.07 |
| P/FCF Ratio | 7.73 | 9.29 | ||||
| P/OCF Ratio | 6.40 | 6.17 | 26.64 | 25.94 | 438.76 | |
| PEG Ratio | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | |
| EV/Sales Ratio | 0.74 | 0.47 | 0.42 | 0.62 | 0.62 | 0.78 |
| EV/EBITDA Ratio | 6.60 | 27.57 | 82.86 | 65.50 | 25.05 | |
| EV/FCF Ratio | 10.58 | 13.43 | ||||
| Debt / Equity Ratio | 0.63 | 0.60 | 0.74 | 0.68 | 0.67 | 0.72 |
| Debt / EBITDA Ratio | 2.34 | 6.98 | 15.26 | 11.45 | 41.19 | 7.26 |
| Debt / FCF Ratio | 4.31 | 6.31 | ||||
| Net Debt / Equity Ratio | 0.42 | 0.37 | 0.55 | 0.33 | 0.25 | 0.22 |
| Net Debt / EBITDA Ratio | 1.78 | 7.87 | 38.39 | 10.41 | -42.61 | 2.71 |
| Net Debt / FCF Ratio | 2.85 | 3.83 | -3.81 | -6.32 | -1.87 | -1.30 |
| Asset Turnover | 1.12 | 1.25 | 1.32 | 1.62 | 1.71 | 1.51 |
| Inventory Turnover | 10.78 | 10.39 | 10.51 | 12.66 | 12.99 | 9.86 |
| Quick Ratio | 1.27 | 0.95 | 0.69 | 1.15 | 1.14 | 1.42 |
| Current Ratio | 1.99 | 1.79 | 1.48 | 1.90 | 1.91 | 2.37 |
| Return on Equity (ROE) | 15.47% | -14.70% | -8.71% | -7.44% | -9.56% | -4.70% |
| Return on Assets (ROA) | 4.15% | -2.21% | -2.51% | -2.06% | -2.89% | -0.14% |
| Return on Invested Capital (ROIC) | 8.72% | -4.94% | -5.60% | -5.05% | -7.42% | -0.33% |
| Return on Capital Employed (ROCE) | 8.10% | -4.50% | -5.30% | -4.30% | -6.00% | -0.20% |
| Earnings Yield | 12.01% | -17.72% | -13.46% | -6.22% | -7.03% | -3.54% |
| FCF Yield | 12.94% | 10.76% | -20.40% | -3.45% | -7.89% | -9.82% |
| Buyback Yield / Dilution | -19.22% | -5.80% | -8.47% | -5.89% | -19.05% | -34.71% |
| Total Shareholder Return | -19.22% | -5.80% | -8.47% | -5.89% | -19.05% | -34.71% |