Green Plains Inc.
GPRE · Industrial Organic Chemicals · 70.0M shares · +11%/yr ↑ dilution · EDGAR filings ↗
Reference price $15.87 · est. market cap ~$1.1B — last insider purchase, 2026-03-06 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D50Commodity ethanol producer with a net loss, weak returns and elevated leverage, partly cushioned by carbon-credit optionality.
Strengths
- Positive FCF margin (75th pct) and operating cash flow despite the loss; sizable tangible book (82nd pct)
- 45Z/CCS carbon-capture program at three Nebraska plants offers a credit-driven earnings tailwind
Risks
- Net loss of $121M, ROE -15.8% (23rd pct) and negative operating margin
- Net-debt/EBITDA of 5.8x (89th pct) leaves a stretched balance sheet exposed to thin crush margins
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -5.8%)
- Chronic dilutionShare count +11%/yr over 4y (dilution, book value/share -48%)
- Strong balance sheetStrong balance sheet — $182M cash & investments
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$101,298, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
6.5%
Operating margin
-3.2%
Net margin
-5.8%
Return on equity
-15.8%
Return on assets
-7.7%
ROIC
-4.7%
Revenue growth (QoQ)
4.0%
Debt / equity
0.5×
Net debt / EBITDA
5.8×
Current ratio
1.8×
Free cash flow
$74M
EBITDA
$31M
Tangible book value
$756M
Cash & investments
$182M
Stock comp / revenue
0.8%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-05 | Sweeney Patrick Francis | Grant | 9.0K | $14.97 |
| 2026-06-05 | Wagner Kimberly | Grant | 9.0K | $14.97 |
| 2026-06-05 | GRASSI CARL J. | Grant | 9.0K | $14.97 |
| 2026-06-05 | Aslam Farha | Grant | 9.0K | $14.97 |
| 2026-06-05 | Anderson James D | Grant | 9.0K | $14.97 |
| 2026-06-05 | Salinas Martin | Grant | 9.0K | $14.97 |
| 2026-06-05 | Peterson Brian | Grant | 9.0K | $14.97 |
| 2026-06-05 | Furcich Steven J | Grant | 9.0K | $14.97 |
| 2026-05-15 | Havasi Imre | Tax withheld | 461 | $17.14 |
| 2026-04-29 | Collins Trent Lee | Tax withheld | 657 | $17.25 |
| 2026-03-13 | Havasi Imre | Tax withheld | 1.1K | $15.81 |
| 2026-03-13 | Herbert James F II | Tax withheld | 1.8K | $15.81 |
| 2026-03-13 | Osowski Chris | Tax withheld | 2.0K | $15.81 |
| 2026-03-10 | Herbert James F II | Tax withheld | 6.9K | $15.22 |
| 2026-03-10 | Havasi Imre | Tax withheld | 5.8K | $15.22 |
| 2026-03-10 | Osowski Chris | Tax withheld | 6.9K | $15.22 |
| 2026-03-09 | Herbert James F II | Tax withheld | 1.2K | $14.94 |
| 2026-03-09 | Osowski Chris | Tax withheld | 1.2K | $14.94 |
| 2026-03-06 | Sweeney Patrick Francis | Buy | 6.4K | $15.87 |
| 2026-02-27 | Herbert James F II | Grant | 21K | $14.27 |
| 2026-02-27 | Osowski Chris | Grant | 86K | $14.27 |
| 2026-02-27 | Reis Ann | Grant | 21K | $14.27 |
| 2026-02-27 | Loneman Ryan P | Grant | 18K | $14.27 |
| 2026-02-27 | Havasi Imre | Grant | 21K | $14.27 |
| 2026-02-27 | Collins Trent Lee | Grant | 21K | $14.27 |
| 2026-01-09 | Collins Trent Lee | Tax withheld | 1.3K | $10.57 |
| 2026-01-07 | MAPES MICHELLE | Tax withheld | 35K | $9.80 |
| 2026-01-07 | MAPES MICHELLE | Grant | 34K | $9.80 |
| 2026-01-05 | Boggs Philip B | Tax withheld | 24K | $9.89 |
| 2026-01-05 | Boggs Philip B | Grant | 24K | $9.89 |
| 2025-12-18 | Herbert James F II | Grant | 7.7K | $9.76 |
| 2025-12-18 | Osowski Chris | Grant | 7.7K | $9.76 |
| 2025-12-18 | MAPES MICHELLE | Grant | 7.7K | $9.76 |
| 2025-12-18 | Havasi Imre | Grant | 7.7K | $9.76 |
| 2025-11-11 | Boggs Philip B | Tax withheld | 3.3K | $10.29 |
| 2025-10-10 | Herbert James F II | Tax withheld | 645 | $9.08 |
| 2025-09-22 | MAPES MICHELLE | Sell | 31K | $9.51 |
| 2025-08-27 | Simpkins G Patrich Jr | Grant | 39K | $9.95 |
| 2025-08-27 | Simpkins G Patrich Jr | Tax withheld | 26K | $9.95 |
| 2025-08-19 | Osowski Chris | Grant | 84K | $8.34 |
| 2025-06-06 | Furcich Steven J | Tax withheld | 1.1K | $4.17 |
| 2025-06-06 | Aslam Farha | Grant | 32K | $4.17 |
| 2025-06-06 | Furcich Steven J | Grant | 32K | $4.17 |
| 2025-06-06 | GRASSI CARL J. | Grant | 32K | $4.17 |
| 2025-06-06 | GRASSI CARL J. | Tax withheld | 1.1K | $4.17 |
| 2025-06-06 | Peterson Brian | Grant | 32K | $4.17 |
| 2025-06-06 | Salinas Martin | Grant | 32K | $4.17 |
| 2025-06-06 | Wagner Kimberly | Grant | 32K | $4.17 |
| 2025-06-06 | Sweeney Patrick Francis | Grant | 32K | $4.17 |
| 2025-06-06 | Sweeney Patrick Francis | Tax withheld | 1.1K | $4.17 |
| 2025-06-05 | Sweeney Patrick Francis | Grant | 9.0K | $14.97 |
| 2025-05-15 | Havasi Imre | Tax withheld | 316 | $5.05 |
| 2025-05-09 | Treuer Alain | Tax withheld | 299 | $4.07 |
| 2025-05-09 | Salinas Martin | Tax withheld | 1.5K | $4.07 |
| 2025-05-09 | Wagner Kimberly | Tax withheld | 1.5K | $4.07 |
| 2025-05-09 | Knudsen Ejnar A III | Tax withheld | 1.5K | $4.07 |
| 2025-05-09 | Anderson James D | Tax withheld | 1.5K | $4.07 |
| 2025-05-09 | Aslam Farha | Tax withheld | 1.5K | $4.07 |
| 2025-05-09 | Peterson Brian | Tax withheld | 1.5K | $4.07 |
| 2025-03-14 | Simpkins G Patrich Jr | Tax withheld | 2.3K | $5.16 |
| 2025-03-14 | MAPES MICHELLE | Grant | 1.6K | $5.16 |
| 2025-03-14 | Simpkins G Patrich Jr | Grant | 2.6K | $5.16 |
| 2025-03-14 | Boggs Philip B | Tax withheld | 636 | $5.16 |
| 2025-03-14 | MAPES MICHELLE | Tax withheld | 1.9K | $5.16 |
| 2025-03-14 | Boggs Philip B | Grant | 717 | $5.16 |
| 2025-03-13 | Herbert James F II | Tax withheld | 1.9K | $5.08 |
| 2025-03-13 | Havasi Imre | Tax withheld | 871 | $5.08 |
| 2025-03-13 | Boggs Philip B | Tax withheld | 1.3K | $5.08 |
| 2025-03-13 | MAPES MICHELLE | Tax withheld | 2.2K | $5.08 |
| 2025-03-13 | Osowski Chris | Tax withheld | 2.1K | $5.08 |
| 2025-03-13 | Simpkins G Patrich Jr | Tax withheld | 1.7K | $5.08 |
| 2025-03-10 | Boggs Philip B | Grant | 32K | $6.20 |
| 2025-03-10 | Simpkins G Patrich Jr | Grant | 48K | $6.20 |
| 2025-03-10 | Osowski Chris | Grant | 48K | $6.20 |
| 2025-03-10 | Herbert James F II | Grant | 48K | $6.20 |
| 2025-03-10 | MAPES MICHELLE | Grant | 48K | $6.20 |
| 2025-03-07 | MAPES MICHELLE | Tax withheld | 1.5K | $5.74 |
| 2025-03-07 | Becker Todd A | Tax withheld | 63K | $5.87 |
| 2025-03-07 | Becker Todd A | Grant | 123K | $5.87 |
| 2025-03-07 | Osowski Chris | Tax withheld | 1.3K | $5.74 |
| 2025-03-07 | Herbert James F II | Tax withheld | 1.3K | $5.74 |
| 2025-03-07 | Simpkins G Patrich Jr | Tax withheld | 1.5K | $5.74 |
| 2025-03-07 | Boggs Philip B | Tax withheld | 427 | $5.74 |
| 2025-02-06 | van der Meulen Leslie | Disposition | 24K | $8.29 |
| 2025-02-06 | Kadavy Grant D | Disposition | 27K | $9.00 |
| 2025-01-10 | Osowski Chris | Tax withheld | 994 | $9.64 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-11 | Shareholder vote | filing ↗ |
| 2026-05-07 | ResultsReg FDExhibits | filing ↗ |
| 2026-04-23 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-02-05 | ResultsExhibits | filing ↗ |
| 2026-01-12 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-01-05 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-11-05 | ResultsExhibits | filing ↗ |
| 2025-10-28 | Material agreementDebt obligation3.02Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-11 | 2026-06-05 | 0001309402-26-000063 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001309402-26-000058 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001309402-26-000060 ↗ |
| 8-K | 2026-04-23 | 2026-04-17 | 0001309402-26-000045 ↗ |
| 10-K | 2026-02-10 | 2025-12-31 | 0001309402-26-000019 ↗ |
| 8-K | 2026-02-05 | 2026-02-05 | 0001309402-26-000016 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001309402-26-000009 ↗ |
| 8-K | 2026-01-05 | 2026-01-05 | 0001309402-26-000003 ↗ |
| 8-K | 2025-11-05 | 2025-11-05 | 0001309402-25-000160 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001309402-25-000163 ↗ |
| 8-K | 2025-10-28 | 2025-10-27 | 0001309402-25-000158 ↗ |
| 8-K | 2025-10-22 | 2025-10-22 | 0001309402-25-000156 ↗ |