Saturday 17 October 2026
Export GPK’s income statement to Excel — free account
Graphic Packaging Holding Company
GPK Consumer Cyclical Packaging & Containers
Graphic Packaging Holding Company’s revenue for fiscal 2025 (year ended December 2025) was $8.6 billion, down 2.16% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 77.1%, free cash flow grew 92.3% and total debt fell 2.88%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.
8.57
0.16
−1.83%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
18.08 | 16.24 | 14.78 | 23.79 | 27.32 | 27.86 | 12.78 | 10.59 | 12.52 | 10.11 |
Piotroski F-Score |
3 | 4 | 4 | 7 | 5 | 5 | 8 | 7 | 5 | 5 |
P/S ratio |
0.96 | 1.11 | 0.55 | 0.79 | 0.72 | 0.81 | 0.71 | 0.81 | 0.94 | 0.52 |
Altman Z-Score |
1.91 | 2.00 | 1.56 | 1.76 | 1.55 | 1.28 | 1.86 | 1.89 | 2.00 | 1.54 |
Altman Z″-Score (non-manufacturers) |
1.20 | 1.23 | 1.41 | 1.48 | 0.89 | 0.80 | 1.50 | 1.50 | 1.99 | 1.70 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 15.64 | 26.38 | 0.00 | 12.40 | 22.55 | 0.00 | 0.00 |
Beneish M-Score |
(2.31) | (2.15) | (1.45) | (2.87) | (2.63) | (2.29) | (2.82) | (2.76) | (2.65) | (2.51) |
P/Operating CF |
(12.86) | (66.04) | (44.62) | 13.40 | 10.83 | 38.62 | 14.28 | 17.35 | 16.88 | 8.65 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 47 |
P/B ratio |
3.90 | 3.79 | 1.63 | 2.38 | 2.57 | 3.06 | 3.12 | 2.76 | 2.74 | 1.35 |
Price to Tangible BV |
0.00 | 0.00 | 96.57 | 47.63 | 0.00 | 0.00 | 0.00 | 0.00 | 23.39 | 7.49 |
EV/Sales |
1.45 | 1.61 | 1.02 | 1.23 | 1.25 | 1.60 | 1.25 | 1.37 | 1.51 | 1.14 |
EV/EBITDA |
8.73 | 10.71 | 6.92 | 7.71 | 8.14 | 12.61 | 8.05 | 7.16 | 7.90 | 7.29 |
EV/Operating CF |
83.96 | (36.92) | (16.53) | 11.42 | 9.92 | 18.74 | 10.84 | 11.26 | 15.81 | 11.67 |
EV/FCF |
(28.16) | (15.98) | (8.59) | 24.29 | 45.74 | (59.15) | 21.84 | 37.88 | (36.59) | (121.20) |
Quick Ratio |
0.62 | 0.46 | 0.55 | 0.55 | 0.45 | 0.50 | 0.53 | 0.39 | 0.48 | 0.46 |
Current Ratio |
1.43 | 1.37 | 1.50 | 1.51 | 1.09 | 1.22 | 1.40 | 1.10 | 1.46 | 1.30 |
Net Debt/EBITDA |
2.94 | 3.33 | 3.23 | 2.75 | 3.44 | 6.21 | 3.48 | 2.90 | 2.99 | 3.95 |
Debt/Assets |
46.75% | 46.77% | 41.89% | 39.24% | 46.69% | 55.41% | 50.86% | 48.08% | 46.52% | 47.31% |
Debt/Equity |
2.04 | 1.76 | 1.47 | 1.39 | 1.98 | 3.06 | 2.44 | 1.93 | 1.72 | 1.67 |
Asset Turnover |
0.97 | 0.93 | 1.01 | 0.86 | 0.87 | 0.78 | 0.91 | 0.88 | 0.79 | 0.75 |
Operating CF/Net income |
0.32 | (0.64) | (1.69) | 3.22 | 4.94 | 2.99 | 2.09 | 1.58 | 1.28 | 1.89 |
Capex/Depreciation |
(0.97) | (0.75) | (0.79) | (0.78) | (1.34) | (1.61) | (0.98) | (1.29) | (2.14) | (1.70) |
Interest Coverage |
5.32 | 3.66 | 3.70 | 3.79 | 4.06 | 3.31 | 4.60 | 4.91 | 4.87 | 3.65 |
| 21.13% | 25.57% | 13.36% | 10.16% | 8.57% | 10.93% | 25.82% | 29.32% | 22.71% | 13.98% | |
| 5.15% | 6.34% | 3.71% | 2.89% | 2.21% | 2.23% | 5.02% | 6.72% | 5.90% | 3.87% | |
ROIC |
8.09% | 5.86% | 5.84% | 7.00% | 6.17% | 3.38% | 7.81% | 9.18% | 8.70% | 5.81% |
Return on Tangible Assets |
10.92% | 13.73% | 5.77% | 5.36% | 4.48% | 3.98% | 9.75% | 13.78% | 10.72% | 6.99% |
Average Days of Receivables |
36.24 | 26.60 | 34.68 | 29.89 | 36.39 | 43.81 | 33.99 | 32.33 | 31.46 | 32.19 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
8.22% | 7.89% | 7.83% | 8.31% | 7.82% | 7.38% | 8.20% | 8.54% | 8.79% | 8.17% |
Intangible Assets out of Total Assets |
0.37 | 0.36 | 0.28 | 0.27 | 0.25 | 0.28 | 0.26 | 0.26 | 0.24 | 0.23 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.36% | 0.47% | 0.70% | 0.02% |
Graham Net Nets |
(0.59) | (0.49) | (1.00) | (0.70) | (0.84) | (1.05) | (0.82) | (0.72) | (0.65) | (1.22) |
Graham Number |
7.25 | 9.52 | 10.28 | 10.50 | 9.60 | 10.02 | 16.32 | 21.85 | 22.00 | 19.33 |
Earnings Yield |
5.53% | 6.16% | 6.77% | 4.20% | 3.66% | 3.59% | 7.82% | 9.45% | 7.99% | 9.89% |
Free Cash Flow Yield |
(5.35%) | (9.08%) | (21.85%) | 6.39% | 3.79% | (3.33%) | 8.06% | 4.43% | (4.40%) | (1.80%) |
Revenue per Share |
13.39 | 14.16 | 19.48 | 20.95 | 23.53 | 24.09 | 30.57 | 30.59 | 28.97 | 28.79 |
Operating CF per Share |
0.23 | (0.62) | (1.21) | 2.26 | 2.96 | 2.05 | 3.53 | 3.71 | 2.76 | 2.81 |
Capex per Share |
(0.92) | (0.81) | (1.12) | (1.20) | (2.32) | (2.70) | (1.78) | (2.61) | (3.96) | (3.08) |
Free Cash Flow per Share |
(0.69) | (1.43) | (2.32) | 1.06 | 0.64 | (0.65) | 1.75 | 1.10 | (1.19) | (0.27) |
Cash per Share |
0.18 | 0.22 | 0.23 | 0.52 | 0.64 | 0.58 | 0.49 | 0.53 | 0.52 | 0.87 |
Shareholders Equity per Share |
3.29 | 4.15 | 6.52 | 7.00 | 6.60 | 6.37 | 6.96 | 9.03 | 9.91 | 11.15 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
3.29 | 4.15 | 6.52 | 7.00 | 6.60 | 6.37 | 6.96 | 9.03 | 9.91 | 11.15 |
Free Cash Flow |
(220.60) | (444.70) | (719.60) | 313.00 | 179.00 | (193.00) | 541.00 | 340.00 | (363.00) | (81.00) |
Working Capital |
335.10 | 318.50 | 591.50 | 606.90 | 164.00 | 453.00 | 773.00 | 256.00 | 881.00 | 679.00 |
Capital Expenditures |
(294.60) | (252.20) | (345.80) | (353.00) | (646.00) | (802.00) | (549.00) | (804.00) | (1,203.00) | (922.00) |
Net Current Asset Value |
(2,432.00) | (2,401.20) | (3,276.90) | (3,426.30) | (3,945.00) | (6,062.00) | (5,472.00) | (5,548.00) | (5,347.00) | (5,515.00) |
EV/EBIT |
15.25 | 21.67 | 13.49 | 14.24 | 15.63 | 28.05 | 13.04 | 10.97 | 11.87 | 12.21 |
Capex to Sales |
0.07 | 0.06 | 0.06 | 0.06 | 0.10 | 0.11 | 0.06 | 0.09 | 0.14 | 0.11 |
Price to Operating Income |
10.11 | 14.94 | 7.19 | 9.17 | 9.01 | 14.23 | 7.41 | 6.53 | 7.38 | 5.61 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.17 | 0.18 | 0.13 | 0.14 | 0.14 | 0.11 | 0.12 | 0.13 | 0.11 | 0.10 |
Cash ROIC |
(6.75%) | (12.24%) | (14.26%) | 6.17% | 3.16% | (2.46%) | 7.16% | 4.09% | (4.35%) | (0.88%) |
Accounts Receivable Turnover |
10.10 | 11.78 | 13.49 | 11.43 | 11.33 | 9.46 | 10.86 | 11.00 | 11.05 | 11.35 |
Accounts Payable Turnover |
7.57 | 7.52 | 8.27 | 7.10 | 7.09 | 6.24 | 6.77 | 6.60 | 6.19 | 6.55 |
Inventory Turnover |
6.14 | 6.07 | 6.16 | 4.80 | 4.91 | 4.84 | 5.09 | 4.35 | 3.90 | 3.99 |
Average Days of Payables |
48.69 | 51.01 | 51.16 | 51.57 | 55.15 | 67.48 | 53.86 | 54.62 | 59.51 | 53.44 |
Days of Inventory on Hand |
60.84 | 62.61 | 72.93 | 78.93 | 75.41 | 83.20 | 77.03 | 87.57 | 93.53 | 91.89 |
Average Receivables |
425.35 | 373.95 | 447.00 | 538.70 | 579.25 | 756.50 | 869.00 | 857.00 | 797.00 | 759.50 |
Average Payables |
462.20 | 491.50 | 614.05 | 713.85 | 770.55 | 975.00 | 1,124.00 | 1,108.50 | 1,105.00 | 1,071.50 |
Average Inventory |
570.00 | 608.45 | 824.20 | 1,055.15 | 1,111.95 | 1,257.50 | 1,496.50 | 1,680.00 | 1,754.00 | 1,760.00 |
Average Assets |
4,429.75 | 4,733.20 | 5,961.10 | 7,174.55 | 7,547.45 | 9,131.00 | 10,392.50 | 10,751.50 | 11,159.50 | 11,459.50 |
Average Common Equity |
1,079.10 | 1,174.20 | 1,655.20 | 2,038.25 | 1,949.00 | 1,866.50 | 2,021.50 | 2,466.00 | 2,897.50 | 3,175.00 |
Columns are period end dates