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

Hartford (The) is the larger business by last-quarter revenue ($4.1B vs $2.1B, roughly 1.9× GRAPHIC PACKAGING HOLDING CO). Hartford (The) runs the higher net margin — 13.2% vs 3.4%, a 9.8% gap on every dollar of revenue. On growth, Hartford (The) posted the faster year-over-year revenue change (309.0% vs 0.2%). Over the past eight quarters, GRAPHIC PACKAGING HOLDING CO's revenue compounded faster (-3.5% CAGR vs -20.8%).

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...

The Hartford Insurance Group, Inc., known as The Hartford, is a U.S.-based insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. It was ranked 162nd in Fortune 500 in 2024. The Hartford is a leader in property and casualty insurance, employee benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. It sells produc...

GPK vs HIG — Head-to-Head

Bigger by revenue
HIG
HIG
1.9× larger
HIG
$4.1B
$2.1B
GPK
Growing faster (revenue YoY)
HIG
HIG
+308.8% gap
HIG
309.0%
0.2%
GPK
Higher net margin
HIG
HIG
9.8% more per $
HIG
13.2%
3.4%
GPK
Faster 2-yr revenue CAGR
GPK
GPK
Annualised
GPK
-3.5%
-20.8%
HIG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GPK
GPK
HIG
HIG
Revenue
$2.1B
$4.1B
Net Profit
$71.0M
$536.0M
Gross Margin
14.1%
Operating Margin
7.4%
Net Margin
3.4%
13.2%
Revenue YoY
0.2%
309.0%
Net Profit YoY
-48.6%
12.0%
EPS (diluted)
$0.24

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
HIG
HIG
Q1 26
$4.1B
Q4 25
$2.1B
$7.3B
Q3 25
$2.2B
$7.2B
Q2 25
$2.2B
$7.0B
Q1 25
$2.1B
$6.8B
Q4 24
$2.1B
$6.9B
Q3 24
$2.2B
$6.8B
Q2 24
$2.2B
$6.5B
Net Profit
GPK
GPK
HIG
HIG
Q1 26
$536.0M
Q4 25
$71.0M
Q3 25
$142.0M
$1.1B
Q2 25
$104.0M
$995.0M
Q1 25
$127.0M
$630.0M
Q4 24
$138.0M
Q3 24
$165.0M
$767.0M
Q2 24
$190.0M
$738.0M
Gross Margin
GPK
GPK
HIG
HIG
Q1 26
Q4 25
14.1%
Q3 25
19.6%
Q2 25
18.7%
Q1 25
20.6%
Q4 24
21.4%
Q3 24
22.3%
Q2 24
21.2%
Operating Margin
GPK
GPK
HIG
HIG
Q1 26
Q4 25
7.4%
19.3%
Q3 25
10.7%
18.2%
Q2 25
8.8%
17.8%
Q1 25
10.5%
11.5%
Q4 24
11.4%
15.6%
Q3 24
12.6%
14.1%
Q2 24
14.5%
14.1%
Net Margin
GPK
GPK
HIG
HIG
Q1 26
13.2%
Q4 25
3.4%
Q3 25
6.5%
14.9%
Q2 25
4.7%
14.2%
Q1 25
6.0%
9.3%
Q4 24
6.6%
Q3 24
7.5%
11.4%
Q2 24
8.5%
11.4%
EPS (diluted)
GPK
GPK
HIG
HIG
Q1 26
Q4 25
$0.24
$3.96
Q3 25
$0.48
$3.77
Q2 25
$0.34
$3.44
Q1 25
$0.42
$2.15
Q4 24
$0.46
$2.88
Q3 24
$0.55
$2.56
Q2 24
$0.62
$2.44

Balance Sheet & Financial Strength

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

Metric
GPK
GPK
HIG
HIG
Cash + ST InvestmentsLiquidity on hand
$261.0M
$1.7M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.3B
$16.8M
Total Assets
$11.8B
$86.3M
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
HIG
HIG
Q1 26
$1.7M
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
Total Debt
GPK
GPK
HIG
HIG
Q1 26
Q4 25
$5.0B
$4.4B
Q3 25
$5.5B
$4.4B
Q2 25
$5.4B
$4.4B
Q1 25
$5.7B
$4.4B
Q4 24
$5.1B
$4.4B
Q3 24
$5.4B
$4.4B
Q2 24
$4.9B
$4.4B
Stockholders' Equity
GPK
GPK
HIG
HIG
Q1 26
$16.8M
Q4 25
$3.3B
$19.0B
Q3 25
$3.3B
$18.4B
Q2 25
$3.2B
$17.5B
Q1 25
$3.2B
$16.8B
Q4 24
$3.0B
$16.4B
Q3 24
$3.0B
$17.0B
Q2 24
$2.8B
$15.7B
Total Assets
GPK
GPK
HIG
HIG
Q1 26
$86.3M
Q4 25
$11.8B
$86.0B
Q3 25
$11.9B
$85.0B
Q2 25
$11.8B
$83.6B
Q1 25
$11.5B
$82.3B
Q4 24
$11.1B
$80.9B
Q3 24
$11.2B
$81.2B
Q2 24
$10.8B
$79.0B
Debt / Equity
GPK
GPK
HIG
HIG
Q1 26
Q4 25
1.51×
0.23×
Q3 25
1.67×
0.24×
Q2 25
1.68×
0.25×
Q1 25
1.80×
0.26×
Q4 24
1.71×
0.27×
Q3 24
1.79×
0.26×
Q2 24
1.75×
0.28×

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
HIG
HIG
Operating Cash FlowLast quarter
$521.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
7.34×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
HIG
HIG
Q1 26
Q4 25
$521.0M
$5.9B
Q3 25
$227.0M
$1.8B
Q2 25
$267.0M
$1.3B
Q1 25
$-174.0M
$985.0M
Q4 24
$489.0M
$5.9B
Q3 24
$187.0M
$1.7B
Q2 24
$161.0M
$1.3B
Free Cash Flow
GPK
GPK
HIG
HIG
Q1 26
Q4 25
$5.8B
Q3 25
$1.8B
Q2 25
$1.3B
Q1 25
$947.0M
Q4 24
$5.8B
Q3 24
$1.6B
Q2 24
$1.2B
FCF Margin
GPK
GPK
HIG
HIG
Q1 26
Q4 25
78.4%
Q3 25
24.8%
Q2 25
17.9%
Q1 25
13.9%
Q4 24
83.8%
Q3 24
24.0%
Q2 24
18.5%
Capex Intensity
GPK
GPK
HIG
HIG
Q1 26
Q4 25
2.3%
Q3 25
0.6%
Q2 25
0.6%
Q1 25
0.6%
Q4 24
2.1%
Q3 24
0.9%
Q2 24
0.9%
Cash Conversion
GPK
GPK
HIG
HIG
Q1 26
Q4 25
7.34×
Q3 25
1.60×
1.70×
Q2 25
2.57×
1.30×
Q1 25
-1.37×
1.56×
Q4 24
3.54×
Q3 24
1.13×
2.19×
Q2 24
0.85×
1.71×

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%

HIG
HIG

Earned premiums$3.6B88%
Other$486.0M12%
Fee income$12.0M0%

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