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Side-by-side financial comparison of GREIF, INC (GEF) and PLEXUS CORP (PLXS). Click either name above to swap in a different company.

PLEXUS CORP is the larger business by last-quarter revenue ($1.2B vs $994.8M, roughly 1.2× GREIF, INC). GREIF, INC runs the higher net margin — 17.6% vs 4.3%, a 13.3% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs -21.4%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.2% CAGR vs -9.2%).

Greif, Inc. is a global leader in industrial packaging products and services based in Delaware, Ohio. Originally a manufacturer of barrels, the company is now focused on producing steel, fiber and plastic drums, IBCs, jerrycans, plastic bottles, closures, containerboard, corrugated products and adhesives. In 2018, the company ranked 617 on the Fortune 1000.

Plex Systems, Inc. is an American software company based in Troy, Michigan. The company develops and markets the Plex Manufacturing Cloud, a software as a service (SaaS) or cloud computing ERP for manufacturing.

GEF vs PLXS — Head-to-Head

Bigger by revenue
PLXS
PLXS
1.2× larger
PLXS
$1.2B
$994.8M
GEF
Growing faster (revenue YoY)
PLXS
PLXS
+40.1% gap
PLXS
18.7%
-21.4%
GEF
Higher net margin
GEF
GEF
13.3% more per $
GEF
17.6%
4.3%
PLXS
Faster 2-yr revenue CAGR
PLXS
PLXS
Annualised
PLXS
7.2%
-9.2%
GEF

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
GEF
GEF
PLXS
PLXS
Revenue
$994.8M
$1.2B
Net Profit
$174.6M
$49.8M
Gross Margin
20.4%
10.2%
Operating Margin
25.8%
5.3%
Net Margin
17.6%
4.3%
Revenue YoY
-21.4%
18.7%
Net Profit YoY
1930.2%
27.5%
EPS (diluted)
$1.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GEF
GEF
PLXS
PLXS
Q1 26
$1.1B
Q4 25
$994.8M
Q3 25
$1.1B
Q2 25
$1.4B
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.5B
Q2 24
$1.4B
Net Profit
GEF
GEF
PLXS
PLXS
Q1 26
$41.2M
Q4 25
$174.6M
Q3 25
$64.0M
Q2 25
$47.3M
Q1 25
$8.6M
Q4 24
$70.1M
Q3 24
$87.1M
Q2 24
$44.4M
Gross Margin
GEF
GEF
PLXS
PLXS
Q1 26
9.9%
Q4 25
20.4%
Q3 25
22.7%
Q2 25
23.1%
Q1 25
19.4%
Q4 24
20.4%
Q3 24
20.0%
Q2 24
19.7%
Operating Margin
GEF
GEF
PLXS
PLXS
Q1 26
5.1%
Q4 25
25.8%
Q3 25
6.4%
Q2 25
8.6%
Q1 25
4.7%
Q4 24
8.9%
Q3 24
11.8%
Q2 24
7.2%
Net Margin
GEF
GEF
PLXS
PLXS
Q1 26
3.8%
Q4 25
17.6%
Q3 25
5.6%
Q2 25
3.4%
Q1 25
0.7%
Q4 24
4.9%
Q3 24
6.0%
Q2 24
3.2%
EPS (diluted)
GEF
GEF
PLXS
PLXS
Q1 26
$1.51
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GEF
GEF
PLXS
PLXS
Cash + ST InvestmentsLiquidity on hand
$243.5M
$303.1M
Total DebtLower is stronger
$655.1M
Stockholders' EquityBook value
$2.9B
$1.5B
Total Assets
$5.5B
$3.4B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GEF
GEF
PLXS
PLXS
Q1 26
$248.8M
Q4 25
$243.5M
Q3 25
$285.2M
Q2 25
$252.7M
Q1 25
$201.1M
Q4 24
$197.7M
Q3 24
$194.2M
Q2 24
$196.0M
Total Debt
GEF
GEF
PLXS
PLXS
Q1 26
Q4 25
$655.1M
Q3 25
$2.3B
Q2 25
$2.4B
Q1 25
$2.5B
Q4 24
$2.7B
Q3 24
$2.9B
Q2 24
$2.9B
Stockholders' Equity
GEF
GEF
PLXS
PLXS
Q1 26
$1.5B
Q4 25
$2.9B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$2.0B
Total Assets
GEF
GEF
PLXS
PLXS
Q1 26
$3.2B
Q4 25
$5.5B
Q3 25
$6.7B
Q2 25
$6.8B
Q1 25
$6.6B
Q4 24
$6.6B
Q3 24
$6.8B
Q2 24
$6.8B
Debt / Equity
GEF
GEF
PLXS
PLXS
Q1 26
Q4 25
0.22×
Q3 25
1.06×
Q2 25
1.12×
Q1 25
1.24×
Q4 24
1.31×
Q3 24
1.41×
Q2 24
1.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GEF
GEF
PLXS
PLXS
Operating Cash FlowLast quarter
$-24.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.14×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GEF
GEF
PLXS
PLXS
Q1 26
Q4 25
$-24.4M
Q3 25
$197.7M
Q2 25
$136.4M
Q1 25
$-30.8M
Q4 24
$187.2M
Q3 24
$76.8M
Q2 24
$87.5M
Cash Conversion
GEF
GEF
PLXS
PLXS
Q1 26
Q4 25
-0.14×
Q3 25
3.09×
Q2 25
2.88×
Q1 25
-3.58×
Q4 24
2.67×
Q3 24
0.88×
Q2 24
1.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GEF
GEF

Other$501.0M50%
Sustainable Fiber Solutions Segment$300.4M30%
Customized Polymer Solutions Segment$124.8M13%
Durable Metal Solutions Segment$62.5M6%
Innovative Closure Solutions Segment$6.1M1%

PLXS
PLXS

Asia-Pacific$652.0M56%
Americas$397.0M34%
Europe, Middle East and Africa$116.0M10%

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