GPRENasdaqIndustrial Organic ChemicalsFiscal year ends December 31
Green Plains Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$14.15−0.32 (-2.21%)
Close on Oct 19, 2026
- Market cap
- $1.20B
- P/E (TTM)
- 8.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
6.5%+0.7 pts over 5 years
Operating margin
-3.2%+3.2 pts over 5 years
Net margin
-5.8%−0.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -14.9% | -17.0% | +1.7% | -3.4% | |
| Gross profit | +5.0% | +6.7% | +4.2% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 1.3% | -15.6% | -14.9% | |
| Return on assets | 0.5% | -6.6% | -7.2% | |
| Current ratio | 1.68 | 1.42 | 1.94 | |
| Debt to equity | 1.29 | 0.81 | 0.52 | |
| Net debt to EBITDA | 4.00× | -5.65× | 6.96× | |
| Interest coverage | 1.8× | -3.1× | -0.9× | |
| Capex to revenue | 1.7% | 5.7% | 1.8% | |
| Diluted shares | 39M | 35M | 67M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Green Plains generated $271.13M from operations and spent $730.36M on capital expenditure, dividends and share buybacks. 88% of that went back into the business.
Generated
$271.13M
Used
$730.36M
Capital expenditure$639.94M88%Dividends$60.42M8%Share buybacks$30.00M4%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-5.8%
×Asset turnover1.24×
×Equity multiplier2.06×
=Return on equity, FY2025-14.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -5.8% | 1.24× | 2.06× | -14.9% |
| FY2024 | -3.4% | 1.32× | 2.18× | -9.7% |
| FY2023 | -2.8% | 1.62× | 2.32× | -10.6% |
| FY2022 | -3.5% | 1.71× | 2.30× | -13.7% |
| FY2021 | -2.3% | 1.51× | 2.34× | -8.3% |
| FY2020 | -5.7% | 1.17× | 2.34× | -15.6% |
| FY2019 | -6.9% | 1.23× | 2.30× | -19.6% |
| FY2018 | 0.5% | 1.19× | 2.65× | 1.7% |
| FY2017 | 1.9% | 1.24× | 2.93× | 6.8% |
| FY2016 | 0.3% | 1.54× | 2.66× | 1.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$121.28M
- Cash generatingOperating cash flow above zero$110.86M
- Return on assets improvedROA up on the prior year-4.3% → -6.8%
- Earnings backed by cashOperating cash flow above net income$110.86M vs -$121.28M
- Less leverageLong-term debt to assets fell24.3% → 22.8%
- Better liquidityCurrent ratio rose1.48 → 1.94
- No dilutionShare count did not rise64M → 67M
- Gross margin improvedGross margin up on the prior year5.31% → 6.55%
- More efficientAsset turnover rose1.27 → 1.17