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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and Hasbro (HAS). Click either name above to swap in a different company.

GRAPHIC PACKAGING HOLDING CO is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.4× Hasbro). Hasbro runs the higher net margin — 13.9% vs 3.4%, a 10.6% gap on every dollar of revenue. On growth, Hasbro posted the faster year-over-year revenue change (31.3% vs 0.2%). Over the past eight quarters, Hasbro's revenue compounded faster (38.2% CAGR vs -3.5%).

Graphic Packaging International is a Fortune 500 corporation based in Atlanta, Georgia, United States. It designs and manufactures packaging solutions for commercial products. GPI manufactures paperboard and folding cartons for a wide range of popular consumer goods, particularly beverages and packaged food. The company operates paperboard mills in Kalamazoo, Michigan; Macon, Georgia; Middletown, Ohio; Prosperity, South Carolina; Texarkana, Texas; and West Monroe, Louisiana, that use recycled...

Hasbro, Inc. is an American multinational toy manufacturing and entertainment holding company founded on December 6, 1923 by Henry, Hillel and Herman Hassenfeld and is incorporated and headquartered in Pawtucket, Rhode Island. Hasbro owns the trademarks and products of Kenner, Milton Bradley, Parker Brothers, and Wizards of the Coast, among others. As of August 2020, over 81.5% of its shares were held by large financial institutions.

GPK vs HAS — Head-to-Head

Bigger by revenue
GPK
GPK
1.4× larger
GPK
$2.1B
$1.4B
HAS
Growing faster (revenue YoY)
HAS
HAS
+31.0% gap
HAS
31.3%
0.2%
GPK
Higher net margin
HAS
HAS
10.6% more per $
HAS
13.9%
3.4%
GPK
Faster 2-yr revenue CAGR
HAS
HAS
Annualised
HAS
38.2%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPK
GPK
HAS
HAS
Revenue
$2.1B
$1.4B
Net Profit
$71.0M
$201.6M
Gross Margin
14.1%
68.7%
Operating Margin
7.4%
20.6%
Net Margin
3.4%
13.9%
Revenue YoY
0.2%
31.3%
Net Profit YoY
-48.6%
687.8%
EPS (diluted)
$0.24
$1.46

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GPK
GPK
HAS
HAS
Q4 25
$2.1B
$1.4B
Q3 25
$2.2B
$1.4B
Q2 25
$2.2B
$980.8M
Q1 25
$2.1B
$887.1M
Q4 24
$2.1B
$1.1B
Q3 24
$2.2B
$1.3B
Q2 24
$2.2B
$995.3M
Q1 24
$2.3B
$757.3M
Net Profit
GPK
GPK
HAS
HAS
Q4 25
$71.0M
$201.6M
Q3 25
$142.0M
$233.2M
Q2 25
$104.0M
$-855.8M
Q1 25
$127.0M
$98.6M
Q4 24
$138.0M
$-34.3M
Q3 24
$165.0M
$223.2M
Q2 24
$190.0M
$138.5M
Q1 24
$165.0M
$58.2M
Gross Margin
GPK
GPK
HAS
HAS
Q4 25
14.1%
68.7%
Q3 25
19.6%
70.1%
Q2 25
18.7%
77.0%
Q1 25
20.6%
76.9%
Q4 24
21.4%
67.4%
Q3 24
22.3%
70.4%
Q2 24
21.2%
76.1%
Q1 24
23.0%
73.0%
Operating Margin
GPK
GPK
HAS
HAS
Q4 25
7.4%
20.6%
Q3 25
10.7%
24.6%
Q2 25
8.8%
-81.4%
Q1 25
10.5%
19.2%
Q4 24
11.4%
5.4%
Q3 24
12.6%
23.6%
Q2 24
14.5%
21.3%
Q1 24
12.4%
15.3%
Net Margin
GPK
GPK
HAS
HAS
Q4 25
3.4%
13.9%
Q3 25
6.5%
16.8%
Q2 25
4.7%
-87.3%
Q1 25
6.0%
11.1%
Q4 24
6.6%
-3.1%
Q3 24
7.5%
17.4%
Q2 24
8.5%
13.9%
Q1 24
7.3%
7.7%
EPS (diluted)
GPK
GPK
HAS
HAS
Q4 25
$0.24
$1.46
Q3 25
$0.48
$1.64
Q2 25
$0.34
$-6.10
Q1 25
$0.42
$0.70
Q4 24
$0.46
$-0.25
Q3 24
$0.55
$1.59
Q2 24
$0.62
$0.99
Q1 24
$0.53
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GPK
GPK
HAS
HAS
Cash + ST InvestmentsLiquidity on hand
$261.0M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.3B
$565.5M
Total Assets
$11.8B
$5.6B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
HAS
HAS
Q4 25
$261.0M
Q3 25
$120.0M
Q2 25
$120.0M
Q1 25
$129.0M
Q4 24
$157.0M
Q3 24
$126.0M
Q2 24
$125.0M
Q1 24
$136.0M
Total Debt
GPK
GPK
HAS
HAS
Q4 25
$5.0B
Q3 25
$5.5B
Q2 25
$5.4B
Q1 25
$5.7B
Q4 24
$5.1B
Q3 24
$5.4B
Q2 24
$4.9B
Q1 24
$4.9B
Stockholders' Equity
GPK
GPK
HAS
HAS
Q4 25
$3.3B
$565.5M
Q3 25
$3.3B
$433.8M
Q2 25
$3.2B
$269.7M
Q1 25
$3.2B
$1.2B
Q4 24
$3.0B
$1.2B
Q3 24
$3.0B
$1.3B
Q2 24
$2.8B
$1.2B
Q1 24
$2.9B
$1.0B
Total Assets
GPK
GPK
HAS
HAS
Q4 25
$11.8B
$5.6B
Q3 25
$11.9B
$5.5B
Q2 25
$11.8B
$5.2B
Q1 25
$11.5B
$6.0B
Q4 24
$11.1B
$6.3B
Q3 24
$11.2B
$7.2B
Q2 24
$10.8B
$6.9B
Q1 24
$11.3B
$6.2B
Debt / Equity
GPK
GPK
HAS
HAS
Q4 25
1.51×
Q3 25
1.67×
Q2 25
1.68×
Q1 25
1.80×
Q4 24
1.71×
Q3 24
1.79×
Q2 24
1.75×
Q1 24
1.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GPK
GPK
HAS
HAS
Operating Cash FlowLast quarter
$521.0M
$403.2M
Free Cash FlowOCF − Capex
$389.5M
FCF MarginFCF / Revenue
26.9%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
7.34×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$829.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
HAS
HAS
Q4 25
$521.0M
$403.2M
Q3 25
$227.0M
$280.6M
Q2 25
$267.0M
$71.3M
Q1 25
$-174.0M
$138.1M
Q4 24
$489.0M
$259.8M
Q3 24
$187.0M
$222.5M
Q2 24
$161.0M
$187.3M
Q1 24
$3.0M
$177.8M
Free Cash Flow
GPK
GPK
HAS
HAS
Q4 25
$389.5M
Q3 25
$260.9M
Q2 25
$55.2M
Q1 25
$124.3M
Q4 24
$200.8M
Q3 24
$174.0M
Q2 24
$135.4M
Q1 24
$132.0M
FCF Margin
GPK
GPK
HAS
HAS
Q4 25
26.9%
Q3 25
18.8%
Q2 25
5.6%
Q1 25
14.0%
Q4 24
18.2%
Q3 24
13.6%
Q2 24
13.6%
Q1 24
17.4%
Capex Intensity
GPK
GPK
HAS
HAS
Q4 25
0.9%
Q3 25
1.4%
Q2 25
1.6%
Q1 25
1.6%
Q4 24
5.4%
Q3 24
3.8%
Q2 24
5.2%
Q1 24
6.0%
Cash Conversion
GPK
GPK
HAS
HAS
Q4 25
7.34×
2.00×
Q3 25
1.60×
1.20×
Q2 25
2.57×
Q1 25
-1.37×
1.40×
Q4 24
3.54×
Q3 24
1.13×
1.00×
Q2 24
0.85×
1.35×
Q1 24
0.02×
3.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GPK
GPK

Americas Paperboard Packaging$1.4B68%
Other$667.0M32%

HAS
HAS

Grow Brands$1.1B75%
Optimize Brands$188.7M13%
Digital And Licensing Gaming$135.7M9%
Class Of Principal Product Family Brands$13.1M1%
Filmand TV$2.4M0%

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