| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | 2 | — | 3 | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.44 |
—
—
—
|
| 2025 | 0.44 |
—
—
—
—
|
| 2024 | 0.40 |
—
—
—
—
|
| 2023 | 0.40 |
—
—
—
—
|
| 2022 | 0.33 |
—
—
—
—
|
| 2021 | 0.30 |
—
—
—
—
|
| 2020 | 0.30 |
—
—
—
—
|
| 2019 | 0.30 |
—
—
—
—
|
| 2018 | 0.30 |
—
—
—
—
|
| 2017 | 0.45 |
—
—
—
—
—
—
|
| 2016 | 0.23 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 162.00 | 157.00 | 261.00 | 205.00 |
| Receivables | 835.00 | 759.00 | 760.00 | 888.00 |
| Inventory | 1,754.00 | 1,754.00 | 1,766.00 | 1,691.00 |
| Other | 94.00 | 114.00 | 136.00 | 228.00 |
| 2,845.00 | 2,784.00 | 2,923.00 | 3,012.00 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 1,094.00 | 1,116.00 | 1,027.00 | 955.00 |
| ST’ Debt | 764.00 | 39.00 | 549.00 | 552.00 |
| Other | 273.00 | 176.00 | 180.00 | 214.00 |
| 2,589.00 | 1,903.00 | 2,244.00 | 2,184.00 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 2,156.00 | 2,188.00 | — | — |
—
|
| ’25 | 2,120.00 | 2,204.00 | 2,190.00 | 2,103.00 |
8,617.00
|
| ’24 | 2,259.00 | 2,237.00 | 2,216.00 | 2,095.00 |
8,807.00
|
| ’23 | 2,438.00 | 2,392.00 | 2,349.00 | 2,249.00 |
9,428.00
|
| ’22 | 2,245.00 | 2,358.00 | 2,451.00 | 2,386.00 |
9,440.00
|
| ’21 | 1,649.00 | 1,737.00 | 1,782.00 | 1,988.00 |
7,156.00
|
| ’20 | 1,599.00 | 1,611.00 | 1,698.00 | 1,652.00 |
6,560.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (113.00) | 158.00 | — | — |
—
|
| ’25 | (174.00) | 267.00 | 227.00 | 521.00 |
841.00
|
| ’24 | 3.00 | 161.00 | 187.00 | 489.00 |
840.00
|
| ’23 | 60.00 | 231.00 | 411.00 | 442.00 |
1,144.00
|
| ’22 | 18.00 | 270.00 | 332.00 | 470.00 |
1,090.00
|
| ’21 | 53.00 | 252.00 | 154.00 | 150.00 |
609.00
|
| ’20 | (79.00) | 223.00 | 245.00 | 436.00 |
825.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (253.00) | 75.00 | — | — |
—
|
| ’25 | (487.00) | 39.00 | (40.00) | 407.00 |
(81.00)
|
| ’24 | (328.00) | (88.00) | (126.00) | 179.00 |
(363.00)
|
| ’23 | (136.00) | 42.00 | 204.00 | 230.00 |
340.00
|
| ’22 | (205.00) | 132.00 | 248.00 | 366.00 |
541.00
|
| ’21 | (93.00) | 52.00 | (88.00) | (64.00) |
(193.00)
|
| ’20 | (233.00) | 70.00 | 126.00 | 216.00 |
179.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.14) | 0.08 | — | — |
—
|
| ’25 | 0.42 | 0.34 | 0.48 | 0.24 |
1.48
|
| ’24 | 0.53 | 0.62 | 0.55 | 0.46 |
2.16
|
| ’23 | 0.67 | 0.49 | 0.55 | 0.64 |
2.34
|
| ’22 | 0.35 | 0.21 | 0.62 | 0.50 |
1.69
|
| ’21 | 0.19 | 0.13 | 0.24 | 0.13 |
0.68
|
| ’20 | (0.04) | 0.19 | 0.23 | 0.24 |
0.60
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17.99 | 20.07 | 23.47 | 13.93 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24.07 | 27.56 | 30.70 | 28.62 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24,000 | 23,500 | 23,000 | 23,000 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.39 | 0.40 | 0.38 | 0.37 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9,440.00 | 9,428.00 | 8,807.00 | 8,617.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 19.39% | 22.45% | 22.28% | 18.59% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 716.00 | 932.00 | 886.00 | 582.00 | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.58% | 9.89% | 10.06% | 6.75% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 522.00 | 723.00 | 658.00 | 444.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 562.00 | 625.00 | 563.00 | 542.00 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 30.57 | 30.59 | 28.97 | 28.79 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡ | 1.69 | 2.35 | 2.16 | 1.48 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.53 | 3.71 | 2.76 | 2.81 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.78) | (2.61) | (3.96) | (3.08) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.75 | 1.10 | (1.19) | (0.27) | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.96 | 9.03 | 9.91 | 11.15 | ‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 308.80 | 308.20 | 304.00 | 299.30 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.78 | 10.59 | 12.52 | 10.11 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 0.71 | 0.81 | 0.94 | 0.52 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.12 | 2.76 | 2.74 | 1.35 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.25 | 1.37 | 1.51 | 1.14 | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 21.84 | 37.88 | (36.59) | (121.20) | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,090.00 | 1,144.00 | 840.00 | 841.00 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (549.00) | (804.00) | (1,203.00) | (922.00) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 541.00 | 340.00 | (363.00) | (81.00) | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 773.00 | 256.00 | 881.00 | 679.00 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5,253.00 | 5,373.00 | 5,184.00 | 5,571.00 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5,103.00 | 5,211.00 | 5,027.00 | 5,310.00 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,150.00 | 2,782.00 | 3,013.00 | 3,337.00 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.02% | 6.72% | 5.90% | 3.87% | ‡‡‡‡‡ | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.81% | 9.18% | 8.70% | 5.81% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 25.82% | 29.32% | 22.71% | 13.98% | ‡‡‡‡‡ | — | — |
ROE
|
Graphic Packaging Holding Company (GPK) rode a wave of acquisitions to revenue highs of $9.44 billion in 2022, but now faces stagnation with 2024 sales down 6.6% to $8.81 billion and projections sliding further to $8.49 billion by 2026 (-1.6% YoY). Profitability peaked impressively—EBT at $932 million (9.9% margin) and ROE at 29.3% in 2023—but analysts forecast a brutal 34% EBT plunge to $582 million in 2025 and EPS cratering 60% to $0.86 by 2026, amid volatile pulp costs and softening demand in food/beverage packaging.
Free cash flow swung negative at -$1.19 per share in 2024 despite capex surges, straining a $5 billion net debt load (1.6x equity), while insiders sold $2.1 million in shares with zero buys. Valuation looks cheap at 12.5x PE, 0.81x PS, and analyst targets implying up to 77% upside, but intensifying competition from Smurfit WestRock and e-commerce slowdowns signal a potential value trap.
This post-merger hangover challenges GPK’s dominance narrative—flat revenue, FCF inconsistency, and insider exits scream caution amid consolidation risks. Contrarians eye 20-30% drawdowns if recession bites; dive deeper for the full quantitative dissection.
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