vs

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

Huntington Ingalls Industries is the larger business by last-quarter revenue ($3.5B vs $2.1B, roughly 1.7× GRAPHIC PACKAGING HOLDING CO). Huntington Ingalls Industries runs the higher net margin — 4.6% vs 3.4%, a 1.2% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (15.7% vs 0.2%). Over the past eight quarters, Huntington Ingalls Industries's revenue compounded faster (11.3% 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...

Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.

GPK vs HII — Head-to-Head

Bigger by revenue
HII
HII
1.7× larger
HII
$3.5B
$2.1B
GPK
Growing faster (revenue YoY)
HII
HII
+15.5% gap
HII
15.7%
0.2%
GPK
Higher net margin
HII
HII
1.2% more per $
HII
4.6%
3.4%
GPK
Faster 2-yr revenue CAGR
HII
HII
Annualised
HII
11.3%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPK
GPK
HII
HII
Revenue
$2.1B
$3.5B
Net Profit
$71.0M
$159.0M
Gross Margin
14.1%
Operating Margin
7.4%
4.9%
Net Margin
3.4%
4.6%
Revenue YoY
0.2%
15.7%
Net Profit YoY
-48.6%
29.3%
EPS (diluted)
$0.24
$4.06

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
HII
HII
Q4 25
$2.1B
$3.5B
Q3 25
$2.2B
$3.2B
Q2 25
$2.2B
$3.1B
Q1 25
$2.1B
$2.7B
Q4 24
$2.1B
$3.0B
Q3 24
$2.2B
$2.7B
Q2 24
$2.2B
$3.0B
Q1 24
$2.3B
$2.8B
Net Profit
GPK
GPK
HII
HII
Q4 25
$71.0M
$159.0M
Q3 25
$142.0M
$145.0M
Q2 25
$104.0M
$152.0M
Q1 25
$127.0M
$149.0M
Q4 24
$138.0M
$123.0M
Q3 24
$165.0M
$101.0M
Q2 24
$190.0M
$173.0M
Q1 24
$165.0M
$153.0M
Gross Margin
GPK
GPK
HII
HII
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%
Q1 24
23.0%
Operating Margin
GPK
GPK
HII
HII
Q4 25
7.4%
4.9%
Q3 25
10.7%
5.0%
Q2 25
8.8%
5.3%
Q1 25
10.5%
5.9%
Q4 24
11.4%
3.7%
Q3 24
12.6%
3.0%
Q2 24
14.5%
6.3%
Q1 24
12.4%
5.5%
Net Margin
GPK
GPK
HII
HII
Q4 25
3.4%
4.6%
Q3 25
6.5%
4.5%
Q2 25
4.7%
4.9%
Q1 25
6.0%
5.4%
Q4 24
6.6%
4.1%
Q3 24
7.5%
3.7%
Q2 24
8.5%
5.8%
Q1 24
7.3%
5.5%
EPS (diluted)
GPK
GPK
HII
HII
Q4 25
$0.24
$4.06
Q3 25
$0.48
$3.68
Q2 25
$0.34
$3.86
Q1 25
$0.42
$3.79
Q4 24
$0.46
$3.15
Q3 24
$0.55
$2.56
Q2 24
$0.62
$4.38
Q1 24
$0.53
$3.87

Balance Sheet & Financial Strength

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

Metric
GPK
GPK
HII
HII
Cash + ST InvestmentsLiquidity on hand
$261.0M
Total DebtLower is stronger
$5.0B
$2.7B
Stockholders' EquityBook value
$3.3B
$5.1B
Total Assets
$11.8B
$12.7B
Debt / EquityLower = less leverage
1.51×
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
HII
HII
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
$10.0M
Total Debt
GPK
GPK
HII
HII
Q4 25
$5.0B
$2.7B
Q3 25
$5.5B
Q2 25
$5.4B
Q1 25
$5.7B
Q4 24
$5.1B
$2.7B
Q3 24
$5.4B
Q2 24
$4.9B
Q1 24
$4.9B
Stockholders' Equity
GPK
GPK
HII
HII
Q4 25
$3.3B
$5.1B
Q3 25
$3.3B
$5.0B
Q2 25
$3.2B
$4.9B
Q1 25
$3.2B
$4.8B
Q4 24
$3.0B
$4.7B
Q3 24
$3.0B
$4.2B
Q2 24
$2.8B
$4.2B
Q1 24
$2.9B
$4.1B
Total Assets
GPK
GPK
HII
HII
Q4 25
$11.8B
$12.7B
Q3 25
$11.9B
$12.3B
Q2 25
$11.8B
$12.1B
Q1 25
$11.5B
$12.1B
Q4 24
$11.1B
$12.1B
Q3 24
$11.2B
$11.1B
Q2 24
$10.8B
$11.3B
Q1 24
$11.3B
$11.2B
Debt / Equity
GPK
GPK
HII
HII
Q4 25
1.51×
0.53×
Q3 25
1.67×
Q2 25
1.68×
Q1 25
1.80×
Q4 24
1.71×
0.58×
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
HII
HII
Operating Cash FlowLast quarter
$521.0M
$650.0M
Free Cash FlowOCF − Capex
$516.0M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
7.34×
4.09×
TTM Free Cash FlowTrailing 4 quarters
$794.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
HII
HII
Q4 25
$521.0M
$650.0M
Q3 25
$227.0M
$118.0M
Q2 25
$267.0M
$823.0M
Q1 25
$-174.0M
$-395.0M
Q4 24
$489.0M
$391.0M
Q3 24
$187.0M
$213.0M
Q2 24
$161.0M
$-9.0M
Q1 24
$3.0M
$-202.0M
Free Cash Flow
GPK
GPK
HII
HII
Q4 25
$516.0M
Q3 25
$13.0M
Q2 25
$727.0M
Q1 25
$-462.0M
Q4 24
$277.0M
Q3 24
$125.0M
Q2 24
$-99.0M
Q1 24
$-277.0M
FCF Margin
GPK
GPK
HII
HII
Q4 25
14.8%
Q3 25
0.4%
Q2 25
23.6%
Q1 25
-16.9%
Q4 24
9.2%
Q3 24
4.5%
Q2 24
-3.3%
Q1 24
-9.9%
Capex Intensity
GPK
GPK
HII
HII
Q4 25
3.9%
Q3 25
3.3%
Q2 25
3.1%
Q1 25
2.5%
Q4 24
3.8%
Q3 24
3.2%
Q2 24
3.0%
Q1 24
2.7%
Cash Conversion
GPK
GPK
HII
HII
Q4 25
7.34×
4.09×
Q3 25
1.60×
0.81×
Q2 25
2.57×
5.41×
Q1 25
-1.37×
-2.65×
Q4 24
3.54×
3.18×
Q3 24
1.13×
2.11×
Q2 24
0.85×
-0.05×
Q1 24
0.02×
-1.32×

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%

HII
HII

Aircraftcarriers$984.0M28%
Fixedpriceincentive$758.0M22%
Submarines$744.0M21%
Surfacecombatantsandcoastguardcutters$452.0M13%
Amphibiousassaultships$433.0M12%
Costtype$123.0M4%
Otherprograms$4.0M0%

Related Comparisons