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Graphic Packaging Hldg Co Financials

GPK
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Graphic Packaging Hldg Co (GPK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 41 / 100
Financial Profile 41/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
43

Graphic Packaging Hldg Co has an operating margin of 9.3%, meaning the company retains $9 of operating profit per $100 of revenue. This results in a moderate score of 43/100, indicating healthy but not exceptional operating efficiency. This is down from 12.7% the prior year.

Growth
30

Graphic Packaging Hldg Co's revenue declined 2.2% year-over-year, from $8.8B to $8.6B. This contraction results in a growth score of 30/100.

Leverage
71

Graphic Packaging Hldg Co carries a low D/E ratio of 1.51, meaning only $1.51 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 71/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
21

Graphic Packaging Hldg Co's current ratio of 1.30 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 21/100, which could limit financial flexibility.

Returns
41

Graphic Packaging Hldg Co's ROE of 13.3% shows moderate profitability relative to equity, earning a score of 41/100. This is down from 21.9% the prior year.

Altman Z-Score Distress
1.42

Graphic Packaging Hldg Co scores 1.42, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral
5/9

Graphic Packaging Hldg Co passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.89x

For every $1 of reported earnings, Graphic Packaging Hldg Co generates $1.89 in operating cash flow ($841.0M OCF vs $444.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
3.7x

Graphic Packaging Hldg Co earns $3.7 in operating income for every $1 of interest expense ($804.0M vs $220.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$8.6B
YoY-2.2%
5Y CAGR+5.6%
10Y CAGR+7.6%

Graphic Packaging Hldg Co generated $8.6B in revenue in fiscal year 2025. This represents a decrease of 2.2% from the prior year.

EBITDA
$1.3B
YoY-20.0%
5Y CAGR+6.0%
10Y CAGR+6.6%

Graphic Packaging Hldg Co's EBITDA was $1.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 20.0% from the prior year.

Net Income
$444.0M
YoY-32.5%
5Y CAGR+21.6%
10Y CAGR+6.8%

Graphic Packaging Hldg Co reported $444.0M in net income in fiscal year 2025. This represents a decrease of 32.5% from the prior year.

EPS (Diluted)
$1.48
YoY-31.5%
5Y CAGR+19.8%
10Y CAGR+7.8%

Graphic Packaging Hldg Co earned $1.48 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 31.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$261.0M
YoY+66.2%
5Y CAGR+7.8%
10Y CAGR+16.9%

Graphic Packaging Hldg Co held $261.0M in cash against $5.0B in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
295M
YoY-1.7%
5Y CAGR+2.0%
10Y CAGR-0.9%

Graphic Packaging Hldg Co had 295M shares outstanding in fiscal year 2025. This represents a decrease of 1.7% from the prior year.

Margins & Returns

Gross Margin
18.6%
YoY-3.7pp
5Y CAGR+1.8pp
10Y CAGR-0.4pp

Graphic Packaging Hldg Co's gross margin was 18.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.7 percentage points from the prior year.

Operating Margin
9.3%
YoY-3.4pp
5Y CAGR+1.3pp
10Y CAGR-0.9pp

Graphic Packaging Hldg Co's operating margin was 9.3% in fiscal year 2025, reflecting core business profitability. This is down 3.4 percentage points from the prior year.

Net Margin
5.1%
YoY-2.3pp
5Y CAGR+2.6pp
10Y CAGR-0.4pp

Graphic Packaging Hldg Co's net profit margin was 5.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.3 percentage points from the prior year.

Return on Equity
13.3%
YoY-8.5pp
5Y CAGR+1.6pp
10Y CAGR-7.6pp

Graphic Packaging Hldg Co's ROE was 13.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 8.5 percentage points from the prior year.

Capital Allocation

R&D Spending
$19.0M
YoY+11.8%
5Y CAGR+13.7%
10Y CAGR+3.2%

Graphic Packaging Hldg Co invested $19.0M in research and development in fiscal year 2025. This represents an increase of 11.8% from the prior year.

Share Buybacks
$150.0M
YoY-25.0%
5Y CAGR-13.8%
10Y CAGR+9.1%

Graphic Packaging Hldg Co spent $150.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 25.0% from the prior year.

Capital Expenditures
N/A

GPK Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $2.1B-4.0% $2.2B-0.6% $2.2B+4.0% $2.1B+1.2% $2.1B-5.5% $2.2B-0.9% $2.2B-1.0% $2.3B
Cost of Revenue $1.8B+2.5% $1.8B-1.6% $1.8B+6.5% $1.7B+2.0% $1.6B-4.2% $1.7B-2.4% $1.8B+1.3% $1.7B
Gross Profit $303.0M-30.2% $434.0M+3.3% $420.0M-5.6% $445.0M-1.8% $453.0M-9.8% $502.0M+4.4% $481.0M-8.6% $526.0M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $141.0M-13.5% $163.0M-20.1% $204.0M+4.1% $196.0M+14.6% $171.0M-10.5% $191.0M-3.0% $197.0M-8.4% $215.0M
Operating Income $156.0M-33.3% $234.0M+21.2% $193.0M-12.7% $221.0M-7.5% $239.0M-14.0% $278.0M-14.2% $324.0M+16.5% $278.0M
Interest Expense $63.0M+18.9% $53.0M0.0% $53.0M+3.9% $51.0M-3.8% $53.0M-8.6% $58.0M-3.3% $60.0M+1.7% $59.0M
Income Tax $21.0M-47.5% $40.0M+14.3% $35.0M-18.6% $43.0M-8.5% $47.0M-14.5% $55.0M-25.7% $74.0M+39.6% $53.0M
Net Income $71.0M-50.0% $142.0M+36.5% $104.0M-18.1% $127.0M-8.0% $138.0M-16.4% $165.0M-13.2% $190.0M+15.2% $165.0M
EPS (Diluted) N/A $0.48+41.2% $0.34-19.0% $0.42 N/A $0.55-11.3% $0.62+17.0% $0.53

GPK Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $11.8B-0.9% $11.9B+0.7% $11.8B+2.6% $11.5B+3.2% $11.1B-0.8% $11.2B+3.7% $10.8B-4.6% $11.3B
Current Assets $2.9B-3.0% $3.0B+1.5% $3.0B+0.5% $3.0B+6.1% $2.8B-6.9% $3.0B+5.3% $2.8B-2.8% $2.9B
Cash & Equivalents $261.0M+117.5% $120.0M0.0% $120.0M-7.0% $129.0M-17.8% $157.0M+24.6% $126.0M+0.8% $125.0M-8.1% $136.0M
Inventory $1.8B-1.1% $1.8B-1.1% $1.8B-0.5% $1.8B+3.4% $1.8B+0.3% $1.7B+2.9% $1.7B-0.2% $1.7B
Accounts Receivable $590.0M N/A N/A N/A $621.0M N/A N/A N/A
Goodwill $2.1B+0.1% $2.1B0.0% $2.1B+2.0% $2.0B+1.5% $2.0B-2.0% $2.0B+1.0% $2.0B+0.2% $2.0B
Total Liabilities $8.4B-1.8% $8.6B+0.2% $8.6B+2.8% $8.3B+2.6% $8.1B-1.1% $8.2B+2.6% $8.0B-5.6% $8.5B
Current Liabilities $2.2B+15.0% $2.0B-5.8% $2.1B+32.0% $1.6B-17.5% $1.9B+10.1% $1.7B-11.9% $2.0B-17.0% $2.4B
Long-Term Debt $5.0B-8.2% $5.5B+1.5% $5.4B-4.9% $5.7B+10.2% $5.1B-4.2% $5.4B+9.0% $4.9B0.0% $4.9B
Total Equity $3.3B+1.6% $3.3B+2.1% $3.2B+1.9% $3.2B+4.8% $3.0B+0.1% $3.0B+7.0% $2.8B-1.6% $2.9B
Retained Earnings $1.6B+2.5% $1.6B+5.4% $1.5B-0.7% $1.5B+6.7% $1.4B+8.3% $1.3B+11.6% $1.2B+0.3% $1.2B

GPK Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $521.0M+129.5% $227.0M-15.0% $267.0M+253.4% -$174.0M-135.6% $489.0M+161.5% $187.0M+16.1% $161.0M+5266.7% $3.0M
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow $4.0M+101.7% -$231.0M-11.6% -$207.0M+30.5% -$298.0M-24.2% -$240.0M+13.4% -$277.0M-157.0% $486.0M+256.3% -$311.0M
Financing Cash Flow -$384.0M-9700.0% $4.0M+105.2% -$77.0M-117.5% $439.0M+310.0% -$209.0M-337.5% $88.0M+113.4% -$655.0M-328.2% $287.0M
Dividends Paid $32.0M-3.0% $33.0M0.0% $33.0M+10.0% $30.0M-3.2% $31.0M+3.3% $30.0M0.0% $30.0M-3.2% $31.0M
Share Buybacks $0-100.0% $40.0M N/A N/A $0 $0-100.0% $200.0M $0

GPK Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 14.4%-5.4pp 19.8%+0.8pp 19.1%-1.9pp 21.0%-0.6pp 21.6%-1.0pp 22.7%+1.2pp 21.5%-1.8pp 23.3%
Operating Margin 7.4%-3.3pp 10.7%+1.9pp 8.8%-1.7pp 10.4%-1.0pp 11.4%-1.1pp 12.6%-1.9pp 14.5%+2.2pp 12.3%
Net Margin 3.4%-3.1pp 6.5%+1.8pp 4.7%-1.3pp 6.0%-0.6pp 6.6%-0.9pp 7.4%-1.0pp 8.5%+1.2pp 7.3%
Return on Equity 2.1%-2.2pp 4.3%+1.1pp 3.2%-0.8pp 4.0%-0.6pp 4.6%-0.9pp 5.5%-1.3pp 6.8%+1.0pp 5.8%
Return on Assets 0.6%-0.6pp 1.2%+0.3pp 0.9%-0.2pp 1.1%-0.1pp 1.2%-0.2pp 1.5%-0.3pp 1.8%+0.3pp 1.5%
Current Ratio 1.30-0.2 1.54+0.1 1.43-0.4 1.88+0.4 1.46-0.3 1.73+0.3 1.45+0.2 1.24
Debt-to-Equity 1.51-0.2 1.670.0 1.68-0.1 1.80+0.1 1.71-0.1 1.79+0.0 1.75+0.0 1.73
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Graphic Packaging Hldg Co (GPK) reported $8.6B in total revenue for fiscal year 2025. This represents a -2.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Graphic Packaging Hldg Co (GPK) revenue declined by 2.2% year-over-year, from $8.8B to $8.6B in fiscal year 2025.

Yes, Graphic Packaging Hldg Co (GPK) reported a net income of $444.0M in fiscal year 2025, with a net profit margin of 5.1%.

Graphic Packaging Hldg Co (GPK) reported diluted earnings per share of $1.48 for fiscal year 2025. This represents a -31.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Graphic Packaging Hldg Co (GPK) had EBITDA of $1.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Graphic Packaging Hldg Co (GPK) had $261.0M in cash and equivalents against $5.0B in long-term debt.

Graphic Packaging Hldg Co (GPK) had a gross margin of 18.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Graphic Packaging Hldg Co (GPK) had an operating margin of 9.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Graphic Packaging Hldg Co (GPK) had a net profit margin of 5.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Graphic Packaging Hldg Co (GPK) has a return on equity of 13.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Graphic Packaging Hldg Co (GPK) generated $841.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Graphic Packaging Hldg Co (GPK) had $11.8B in total assets as of fiscal year 2025, including both current and long-term assets.

Graphic Packaging Hldg Co (GPK) invested $19.0M in research and development during fiscal year 2025.

Yes, Graphic Packaging Hldg Co (GPK) spent $150.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Graphic Packaging Hldg Co (GPK) had 295M shares outstanding as of fiscal year 2025.

Graphic Packaging Hldg Co (GPK) had a current ratio of 1.30 as of fiscal year 2025, which is considered adequate.

Graphic Packaging Hldg Co (GPK) had a debt-to-equity ratio of 1.51 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Graphic Packaging Hldg Co (GPK) had a return on assets of 3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Graphic Packaging Hldg Co (GPK) has an Altman Z-Score of 1.42, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Graphic Packaging Hldg Co (GPK) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Graphic Packaging Hldg Co (GPK) has an earnings quality ratio of 1.89x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Graphic Packaging Hldg Co (GPK) has an interest coverage ratio of 3.7x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Graphic Packaging Hldg Co (GPK) scores 41 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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