Private company

Greene King

Logo: oyxman, CC BY 2.5, via Wikimedia Commons3

British brewery and pub chain

Greene King Limited is a British pub and brewing company founded in 1799, currently based in Bury St Edmunds, Suffolk. The company also owns brands including Hungry Horse and Farmhouse Inns, as well as other pubs, restaurants and hotels.2 From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

1799Founded1
  • Tickeron London Stock Exchange1
  • Industryfood and tobacco industry1
  • HeadquartersBury St Edmunds1
  • Websitewww.greeneking.co.uk
  • Legal formpublic limited company1
  • Listed onLondon Stock Exchange (GNK)1

Greene King Limited is a British pub and brewing company founded in 1799, currently based in Bury St Edmunds, Suffolk. The company also owns brands including Hungry Horse and Farmhouse Inns, as well as other pubs, restaurants and hotels. It was listed on the London Stock Exchange (LSE), until it was acquired by CK Assets in October 2019.2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

2.2%Operating margin5
-1.3%Net margin5
-19.1%Revenue growth, 20255
-0.5%Return on equity5
0.21×Debt to equity5
$28.7MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs100¢$342.1M

Out of $342.1M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending9¢$3.2M
  • Dividends paid91¢$32.8M

Out of $31.9M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue6785$342.1M in 2025+22% since 2019
0$200.0M$400.0M$600.0M2019: $281.4M$281.4M20192020: $277.2M$277.2M2020−2%2021: $386.9M$386.9M2021+40%2022: $307.1M$307.1M2022−21%2023: $233.1M$233.1M2023−24%2024: $423.0M$423.0M2024+81%2025: $342.1M$342.1M2025−19%
Operating income67895$7.5M in 2025
-$400.0M-$200.0M0$200.0M$400.0M2019: -$28.4M-$28.4M20192020: -$203.3M-$203.3M2020+616%2021: $201.1M$201.1M20212022: $167.2M$167.2M2022−17%2023: -$5.8M-$5.8M20232024: $87.0M$87.0M20242025: $7.5M$7.5M2025−91%
Net income67895-$4.4M in 2025−92% since 2019
-$400.0M-$200.0M0$200.0M2019: -$56.0M-$56.0M20192020: -$225.6M-$225.6M2020+303%2021: $182.0M$182.0M20212022: $158.6M$158.6M2022−13%2023: -$12.9M-$12.9M20232024: $76.4M$76.4M20242025: -$4.4M-$4.4M2025

Every line of the income statement in the latest annual report, as filed.5

Period ending2025-12-312024-12-312023-12-31
Total revenues$342.1M$423.0M$383.8M
Voyage expenses$115.3M$127.0M$143.0M
Vessel operating expenses$98.5M$101.6M$97.1M
Charter hire expenses$6.0M$9.1M$9.1M
General and administrative expenses (inclusive of nonvested stock amortization expense of $7,046, $5,850 and $5,530, respectively)$30.8M$29.1M$28.3M
Technical management expenses$5.2M$4.6M$4.0M
Depreciation and amortization$76.2M$68.7M$66.5M
Impairment of vessel assets$651.0K$6.6M$41.7M
Net gain on sale of vessels-$16.5M
Other operating expense$1.9M$5.7M
Total operating expenses$334.6M$336.0M$389.7M
Operating income (loss)$7.5M$87.0M-$5.8M
Other expense-$531.0K-$234.0K-$396.0K
Interest income$1.5M$3.0M$2.7M
Interest expense-$12.3M-$13.3M-$8.8M
Loss on debt extinguishment-$678.0K
Other expense, net-$12.0M-$10.6M-$6.5M
Net (loss) income-$4.5M$76.5M-$12.4M
Less: Net (loss) income attributable to noncontrolling interest-$149.0K$95.0K$514.0K
Net (loss) income attributable to Genco Shipping & Trading Limited-$4.4M$76.4M-$12.9M
Net (loss) earnings per share-basic-$0.10$1.77-$0.30
Net (loss) earnings per share-diluted-$0.10$1.75-$0.30
Weighted average common shares outstanding-basic43.4M shares43.1M shares42.8M shares
Weighted average common shares outstanding-diluted43.4M shares43.7M shares42.8M shares
Nonvested stock amortization expense$7.0M$5.8M$5.5M

Compare Greene King with another company

The story

Founded by Benjamin Greene in 1799.1

The brewery was founded by Benjamin Greene in Bury St. Edmunds in 1799. In Richard Wilson's biographical analysis of the Greene family, he credits various family members for being able to achieve distinction in the worlds of business and banking, literature (Graham Greene, for example) and broadcasting in the nineteenth and twentieth centuries.'

In 1836 Edward Greene took over the business and in 1887 it merged with Frederick William King's brewing business to create Greene King.

Greene King has grown via mergers and acquisitions, including Rayments Brewery (1961), the Magic Pub Company (1996), Hungry Horse (1996), Morland Brewery (1999), Old English Inns (2001), Morrells (2002), a large part of the Laurel Pub Company (2004), Ridley's Brewery (2005), Belhaven Brewery (2005), Hardys and Hansons (2006), the Loch Fyne fish restaurant chain (2007), Cloverleaf (2011), Realpubs (2011), the Capital Pub Company (2011) and the Spirit Pub Company (2015).

The Spirit acquisition, where Greene King bought Spirit for £773.6m, took the total number of Greene King sites to 3,116, brought 14 brands together and made Greene King the largest managed pub company in the UK. It was completed on 23 June 2015.

It was announced in November 2018 that Rooney Anand would be stepping down from his role as CEO after 14 years in the position.

In 2019 the Hong Kong based CK Assets announced the proposed take over of Greene King, which shareholders had to approve. According to the Financial Times, the holding company took the view that the pubs owned by Greene King are an asset that is safe from potential recession. Analyst David Blennerhassett told the FT that CK Assets has a track record of buying such assets in the UK and he does not expect it to sell Greene King later as a bet on the falling pound. The takeover was approved by the High Court in October 2019.

In March 2026, Greene King announced plans to sell 150 pubs to focus on its core portfolio.

From Wikipedia’s article on Greene King, shared under CC BY-SA 4.0.4

Leadership

Who has led Greene King, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • beer

Listed on Wikidata.1

The Greene King brewery in Bury St Edmunds produces beers branded in the names of breweries now closed, including Morland (Old Speckled Hen), Ruddles, Hardys & Hanson Kimberley Ale and Tolly Cobbold. The Belhaven Brewery in Dunbar continues to operate in Scotland.

The group operates 3,100 pubs, restaurants and hotels:

Its retail division is split between its destination pubs and restaurants (with brands including Hungry Horse, Loch Fyne, Taylor Walker and Metropolitan Pub Company) and its local pubs. Its strategy is to open further retail outlets.

Its pub partners division has leased, tenanted and franchised pubs. Its strategy is to reduce the numbers of these outlets.

From Wikipedia’s article on Greene King, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

Subsidiaries

  • Belhaven Pubs
  • Farmhouse Inns
  • Greene King Inns
  • Hive Pubs
  • Metropolitan Pub Company
  • Nest Pubs
  • Wacky Warehouse

Also owns

  • Hungry Horse
  • Ridley's Brewery

From Wikidata.1

Timeline

  1. 1799Founded Founded1