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Graphic Packaging Holding Company

Graphic Packaging Holding Company

NYSE•GPK
CEO: Mr. Michael P. Doss
Sector: Consumer Cyclical
Industry: Packaging & Containers
Listing Date: 1992-12-10
Graphic Packaging Holding Company, together with its subsidiaries, designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products. It operates through three segments: Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers unbleached, bleached, and recycled paperboard to various paperboard packaging converters and brokers. It also provides paperboard packaging products for consumer packaged goods companies; and cups, lids, and food containers for foodservice companies and quick-service restaurants serving the food, beverage, and consumer product markets, including healthcare and beauty. The company also designs, manufactures, and installs specialized packaging machines. The company sells its products through sales offices, as well as through broker arrangements with third parties in the Americas, Europe, and the Asia Pacific. Graphic Packaging Holding Company was incorporated in 2007 and is headquartered in Atlanta, Georgia.
Contact Information
1500 Riveredge Parkway, Suite 100, Atlanta, GA, 30328, United States
770-240-7200
www.graphicpkg.com
Market Cap
$4.74B
P/E (TTM)
9.3
16.3
Dividend Yield
2.7%
52W High
$30.49
52W Low
$14.90
52W Range
7%
5.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$2.19B-1.17%
4-Quarter Trend

EPS

$0.48-12.73%
4-Quarter Trend

FCF

-$40.00M-68.25%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Q3 Net Income Decline Q3 Net Income reached $142M, decreasing 14% from $165M due to operational pressures and lower pricing.
Sales Volume Pressures Q3 Net Sales $2.190B, down 1% driven by lower pricing and volumes, partially offset by $24M favorable exchange.
Strong Financing Cash Flow YTD Net Cash Provided by Financing $366M, reversing prior period $280M usage through strategic debt management activities.
Equity Position Growth Total Shareholders' Equity increased to $3.286B by September 30, 2025, reflecting retained earnings growth and stability.

Risk Factors

Facility Restructuring Costs Ongoing exit activities related to facility closures incurred $57M in charges year-to-date September 30, 2025.
Commodity Cost Inflation Inflation in energy, chemicals, and purchased materials pressures margins despite continuous improvement savings efforts.
Waco Project Capital Spend Elevated capital spending driven by new recycled paperboard facility construction in Waco, Texas, impacting cash usage.
Debt Covenant Compliance Must maintain Total Leverage Ratio below 4.25 to 1.00; current ratio stands at 3.76 to 1.00, requiring vigilance.

Outlook

New Debt Facility Planned Delayed Draw Incremental Term Facility up to $400M planned for March 2026 to fully repay 1.512% Senior Notes.
Share Repurchase Availability $1.715B remains available for future repurchases under existing 2025 and 2023 authorization programs.
Pension Contribution Expectation Expects total pension contributions for the full year 2025 to be in the range of $10M to $15M.
New Accounting Standard Review Currently evaluating impact of ASU 2023-09 regarding income tax disclosures, effective after December 15, 2024.

Peer Comparison

Revenue (TTM)

Lear CorporationLEA
$22.99B
-1.9%
Macy's, Inc.M
$22.70B
-3.4%
Asbury Automotive Group, Inc.ABG
$17.83B
+8.1%

Gross Margin (Latest Quarter)

Mattel, Inc.MAT
50.0%
-3.1 pp
Macy's, Inc.M
42.0%
-0.4 pp
Bath & Body Works, Inc.BBWI
41.3%
+0.3 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SEE$6.37B16.543.2%4.2%
MAT$6.29B14.418.8%30.2%
LEA$5.71B12.89.2%23.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+1.5%
Moderate Growth
4Q Net Income CAGR
+1.0%
Profitability Slowly Improving
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 4, 2025|
    Revenue: $2.19B-1.2%
    |
    EPS: $0.48-12.7%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 29, 2025|
    Revenue: $2.20B-1.5%
    |
    EPS: $0.35-43.5%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 1, 2025|
    Revenue: $2.12B-6.2%
    |
    EPS: $0.42-22.2%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 12, 2025|
    Revenue: $8.81B-6.6%
    |
    EPS: $2.16-8.1%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 29, 2024|
    Revenue: $2.22B-5.7%
    |
    EPS: $0.55+0.0%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 30, 2024|
    Revenue: $2.24B-6.5%
    |
    EPS: $0.62+27.4%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 30, 2024|
    Revenue: $2.26B-7.3%
    |
    EPS: $0.54-19.4%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 21, 2024|
    Revenue: $9.43B-0.1%
    |
    EPS: $2.35+39.1%
    Beat