Green Plains Inc.

GPRE

Basic MaterialsSmall CapUS Equities · NYSE / NASDAQ

AI Agents

Company Profile

Green Plains Inc. produces low-carbon fuels in the United States and internationally. It operates in two segments, Ethanol Production, and Agribusiness and Energy Services. The company produces, stores, and transports ethanol, distiller grains, and ultra-high protein and renewable corn oil. It is also involved in the grain procurement and commodity marketing businesses; and marketing ethanol for a third-party producer, as well as buys and sells ethanol, distiller grains, renewable corn oil, grain, natural gas, and other commodities in various markets. In addition, the company provides grain drying and storage services to grain producers. The company was formerly known as Green Plains Renewable Energy, Inc. and changed its name to Green Plains Inc. in May 2014. Green Plains Inc. was incorporated in 2004 and is headquartered in Omaha, Nebraska.

Valuation

Market Cap$1.1B

Current Price$14.50as of Jun 23, 2026

P/E Ratio-8.71

P/B Ratio1.38

EV / EBITDA42.51

EV / Sales0.64

Profitability

Operating Margin-4.0%

Net Profit Margin-5.8%

EBITDA Margin1.5%

Returns

ROE-15.8%

ROCE-6.4%

ROIC %-5.1%

ROA-7.7%

Solvency

Current Ratio1.79

Debt / Equity0.60

Debt / Assets0.29

CFO / Net Profit-0.91

Price History▲ 160.32% over 1Y

Technical Chart

Historical Performance Charts

5-year financial trends. Figures in USD millions.

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Latest fiscal year: 2025

Revenue$2.1B▼ 14.9%

EBITDA$31M▼ 40.3%

Net Profit$-121M▲ 47.0%

Cash from Ops (CFO)$111M▼ 470.0%

Free Cash Flow (FCF)$74M▼ 158.9%

Revenue CAGR 3Y-17.0%

Revenue CAGR 5Y-

Net Profit CAGR 3Y-

Net Profit CAGR 5Y-

Historical Growth

Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)

Year	Revenue	EBITDA	Net Profit	FCF	ROE	Rev Growth 1Y	NP Growth 1Y
2025	$2.1B	$31M	$-121M	$74M	-15.8%	-14.9%	47.0%
2024	$2.5B	$52M	$-82M	$-125M	-9.5%	-25.4%	-11.7%
2023	$3.3B	$54M	$-93M	$-52M	-11.1%	-10.0%	-26.6%
2022	$3.7B	$27M	$-127M	$-143M	-14.0%	-	-
2021	-	-

Financial Statements

Income statement, balance sheet, and cash flow as reported

Consolidated Figures in USD Millions.

Metric	2021	2022	2023	2024	2025
Total Revenue	-	3,662.85	3,295.74	2,458.80	2,091.68
Operating Revenue	-	3,662.85	3,295.74	2,458.80	2,091.68
Cost Of Revenue	-	3,550.17	3,130.99	2,328.35	1,954.75
Gross Profit	-	112.68	164.75	130.45	136.93
Operating Expense	-	211.63	231.59	208.63	221.15
Selling General And Administration	-	118.93	133.35	118.04	122.71
Total Expenses	-	3,761.80	3,362.59	2,536.98	2,175.90
Operating Income	-	-98.95	-66.84	-78.18	-84.22
Total Operating Income As Reported	-	-98.95	-61.58	-47.46	-67.25
EBITDA	-	26.64	53.60	52.38	31.28
Normalized EBITDA	-	26.64	48.33	21.66	14.31
EBIT	-	-66.06	-44.65	-38.20	-67.15
Interest Income	-	5.28	11.71	7.56	4.18
Interest Expense	-	32.64	37.70	33.10	76.67
Net Interest Income	-	-27.36	-26	-25.54	-72.49
Other Non Operating Income Expenses	-	27.61	5.22	1.70	-4.08
Other Income Expense	-	27.61	10.49	32.42	12.89
Interest Income Non Operating	-	5.28	11.71	7.56	4.18
Interest Expense Non Operating	-	32.64	37.70	33.10	76.67
Net Non Operating Interest Income Expense	-	-27.36	-26	-25.54	-72.49
Pretax Income	-	-98.70	-82.35	-71.30	-143.82
Tax Provision	-	4.75	-5.62	6.21	-51.75
Tax Rate For Calcs	-	0	0	0	0
Tax Effect Of Unusual Items	-	0	0.36	6.45	6.11
Net Income Continuous Operations	-	-103.38	-76.30	-81.19	-121
Net Income From Continuing And Discontinued Operation	-	-127.22	-93.38	-82.50	-121.28
Net Income From Continuing Operation Net Minority Interest	-	-127.22	-93.38	-82.50	-121.28
Net Income	-	-127.22	-93.38	-82.50	-121.28
Net Income Common Stockholders	-	-127.22	-93.38	-82.50	-121.28
Net Income Including Noncontrolling Interests	-	-103.38	-76.30	-81.19	-121
Normalized Income	-	-127.22	-98.29	-106.77	-132.14
Diluted NI Availto Com Stockholders	-	-127.22	-93.38	-82.50	-121.28
Basic Average Shares	-	55.54	58.81	63.80	67.50
Diluted Average Shares	-	55.54	58.81	63.80	67.50
Reconciled Depreciation	-	92.70	98.24	90.59	98.43
Reconciled Cost Of Revenue	-	3,550.17	3,130.99	2,328.35	1,954.75
Total Unusual Items	-	0	5.26	30.72	16.97
Total Unusual Items Excluding Goodwill	-	0	5.26	30.72	16.97
Minority Interests	-	-23.84	-17.08	-1.31	-0.28
Net Income Discontinuous Operations	0	-	-	-	-
Earnings From Equity Interest Net Of Tax	-	0.07	0.43	-3.68	-28.93
Special Income Charges	-	0	5.26	30.72	16.97
Write Off	-	-	0	0	14.56
Impairment Of Capital Assets	0	0	-	-	-
Depreciation Amortization Depletion Income Statement	-	92.70	98.24	90.59	98.43
Depreciation And Amortization In Income Statement	-	92.70	98.24	90.59	98.43
Gain On Sale Of Ppe	-	0	5.26	30.72	31.54
Other Operating Expenses	23.06	25.16	27.15	-	-

Peer Comparison

Basic Materials sector peers, ranked by market cap

Company	Ticker	Market Cap	P/E	P/B	ROE	EV/EBITDA
Green Plains Inc.this co.	GPRE	$1.1B	-8.71	1.38	-15.8%	42.51
Tronox Holdings plc	TROX	$1.2B	-2.65	0.88	-33.1%	211.38
Oil-Dri Corporation of America	ODC	$1.2B	32.68	5.78	17.7%	17.88
NWPX Infrastructure, Inc.	NWPX	$1.2B	33.37	2.99	9.0%	18.71
Stepan Company	SCL	$1.2B	24.97

Learn while you research

Hand-picked academy chapters to deepen your understanding of Green Plains Inc. and the metrics that matter.

01 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read 02 Stock Market Risks

Loading…

Year

Revenue

EBITDA

Net Profit

FCF

ROE

Rev Growth 1Y

NP Growth 1Y

2025

$2.1B

$31M

$-121M

$74M

-15.8%

-14.9%

47.0%

2024

$2.5B

$52M

$-82M

$-125M

-9.5%

-25.4%

-11.7%

2023

$3.3B

$54M

$-93M

$-52M

-11.1%

-10.0%

-26.6%

2022

$3.7B

$27M

$-127M

$-143M

-14.0%

2021

Metric

2021

2022

2023

2024

2025

Total Revenue

3,662.85

3,295.74

2,458.80

2,091.68

Operating Revenue

3,662.85

3,295.74

2,458.80

2,091.68

Cost Of Revenue

3,550.17

3,130.99

2,328.35

1,954.75

Gross Profit

112.68

164.75

130.45

136.93

Operating Expense

211.63

231.59

208.63

221.15

Selling General And Administration

118.93

133.35

118.04

122.71

Total Expenses

3,761.80

3,362.59

2,536.98

2,175.90

Operating Income

-98.95

-66.84

-78.18

-84.22

Total Operating Income As Reported

-98.95

-61.58

-47.46

-67.25

EBITDA

26.64

53.60

52.38

31.28

Normalized EBITDA

26.64

48.33

21.66

14.31

EBIT

-66.06

-44.65

-38.20

-67.15

Interest Income

5.28

11.71

7.56

4.18

Interest Expense

32.64

37.70

33.10

76.67

Net Interest Income

-27.36

-26

-25.54

-72.49

Other Non Operating Income Expenses

27.61

5.22

1.70

-4.08

Other Income Expense

27.61

10.49

32.42

12.89

Interest Income Non Operating

5.28

11.71

7.56

4.18

Interest Expense Non Operating

32.64

37.70

33.10

76.67

Net Non Operating Interest Income Expense

-27.36

-26

-25.54

-72.49

Pretax Income

-98.70

-82.35

-71.30

-143.82

Tax Provision

4.75

-5.62

6.21

-51.75

Tax Rate For Calcs

Tax Effect Of Unusual Items

0.36

6.45

6.11

Net Income Continuous Operations

-103.38

-76.30

-81.19

-121

Net Income From Continuing And Discontinued Operation

-127.22

-93.38

-82.50

-121.28

Net Income From Continuing Operation Net Minority Interest

-127.22

-93.38

-82.50

-121.28

Net Income

-127.22

-93.38

-82.50

-121.28

Net Income Common Stockholders

-127.22

-93.38

-82.50

-121.28

Net Income Including Noncontrolling Interests

-103.38

-76.30

-81.19

-121

Normalized Income

-127.22

-98.29

-106.77

-132.14

Diluted NI Availto Com Stockholders

-127.22

-93.38

-82.50

-121.28

Basic Average Shares

55.54

58.81

63.80

67.50

Diluted Average Shares

55.54

58.81

63.80

67.50

Reconciled Depreciation

92.70

98.24

90.59

98.43

Reconciled Cost Of Revenue

3,550.17

3,130.99

2,328.35

1,954.75

Total Unusual Items

5.26

30.72

16.97

Total Unusual Items Excluding Goodwill

5.26

30.72

16.97

Minority Interests

-23.84

-17.08

-1.31

-0.28

Net Income Discontinuous Operations

Earnings From Equity Interest Net Of Tax

0.07

0.43

-3.68

-28.93

Special Income Charges

5.26

30.72

16.97

Write Off

14.56

Impairment Of Capital Assets

Depreciation Amortization Depletion Income Statement

92.70

98.24

90.59

98.43

Depreciation And Amortization In Income Statement

92.70

98.24

90.59

98.43

Gain On Sale Of Ppe

5.26

30.72

31.54

Other Operating Expenses

23.06

25.16

27.15

Company

Ticker

Market Cap

P/E

P/B

ROE

EV/EBITDA

Green Plains Inc.this co.

GPRE

$1.1B

-8.71

1.38

-15.8%

42.51

Tronox Holdings plc

TROX

$1.2B

-2.65

0.88

-33.1%

211.38

Oil-Dri Corporation of America

ODC

$1.2B

32.68

5.78

17.7%

17.88

NWPX Infrastructure, Inc.

NWPX

$1.2B

33.37

2.99

9.0%

18.71

Stepan Company

SCL

$1.2B

24.97

Green Plains Inc.

Valuation

Profitability

Returns

Solvency

Historical Performance Charts

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Historical Growth

Financial Statements

Peer Comparison

Green Plains Inc.

Valuation

Profitability

Returns

Solvency

Historical Performance Charts

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Historical Growth

Financial Statements

Peer Comparison

Key concepts to brush up on