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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and JANUS HENDERSON GROUP PLC (JHG). 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 $1.1B, roughly 1.8× JANUS HENDERSON GROUP PLC). JANUS HENDERSON GROUP PLC runs the higher net margin — 35.3% vs 3.4%, a 31.9% gap on every dollar of revenue. On growth, JANUS HENDERSON GROUP PLC posted the faster year-over-year revenue change (61.3% vs 0.2%). Over the past eight quarters, JANUS HENDERSON GROUP PLC's revenue compounded faster (43.9% 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...
Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors, and institutional investors globally under the trade name Janus Henderson Investors.
GPK vs JHG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.1B |
| Net Profit | $71.0M | $403.2M |
| Gross Margin | 14.1% | — |
| Operating Margin | 7.4% | 42.7% |
| Net Margin | 3.4% | 35.3% |
| Revenue YoY | 0.2% | 61.3% |
| Net Profit YoY | -48.6% | 231.0% |
| EPS (diluted) | $0.24 | $2.59 |
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.
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $2.2B | $700.4M | ||
| Q2 25 | $2.2B | $633.2M | ||
| Q1 25 | $2.1B | $621.4M | ||
| Q4 24 | $2.1B | $708.3M | ||
| Q3 24 | $2.2B | $624.8M | ||
| Q2 24 | $2.2B | $588.4M | ||
| Q1 24 | $2.3B | $551.7M |
| Q4 25 | $71.0M | $403.2M | ||
| Q3 25 | $142.0M | $142.1M | ||
| Q2 25 | $104.0M | $149.9M | ||
| Q1 25 | $127.0M | $120.7M | ||
| Q4 24 | $138.0M | $121.8M | ||
| Q3 24 | $165.0M | $27.3M | ||
| Q2 24 | $190.0M | $129.7M | ||
| Q1 24 | $165.0M | $130.1M |
| 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% | — |
| Q4 25 | 7.4% | 42.7% | ||
| Q3 25 | 10.7% | 24.6% | ||
| Q2 25 | 8.8% | 25.9% | ||
| Q1 25 | 10.5% | 24.7% | ||
| Q4 24 | 11.4% | 27.9% | ||
| Q3 24 | 12.6% | 26.4% | ||
| Q2 24 | 14.5% | 27.9% | ||
| Q1 24 | 12.4% | 21.6% |
| Q4 25 | 3.4% | 35.3% | ||
| Q3 25 | 6.5% | 20.3% | ||
| Q2 25 | 4.7% | 23.7% | ||
| Q1 25 | 6.0% | 19.4% | ||
| Q4 24 | 6.6% | 17.2% | ||
| Q3 24 | 7.5% | 4.4% | ||
| Q2 24 | 8.5% | 22.0% | ||
| Q1 24 | 7.3% | 23.6% |
| Q4 25 | $0.24 | $2.59 | ||
| Q3 25 | $0.48 | $0.92 | ||
| Q2 25 | $0.34 | $0.95 | ||
| Q1 25 | $0.42 | $0.77 | ||
| Q4 24 | $0.46 | $0.77 | ||
| Q3 24 | $0.55 | $0.17 | ||
| Q2 24 | $0.62 | $0.81 | ||
| Q1 24 | $0.53 | $0.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $261.0M | $1.6B |
| Total DebtLower is stronger | $5.0B | — |
| Stockholders' EquityBook value | $3.3B | $5.1B |
| Total Assets | $11.8B | $8.3B |
| Debt / EquityLower = less leverage | 1.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $261.0M | $1.6B | ||
| Q3 25 | $120.0M | $1.4B | ||
| Q2 25 | $120.0M | $1.3B | ||
| Q1 25 | $129.0M | $1.4B | ||
| Q4 24 | $157.0M | $1.6B | ||
| Q3 24 | $126.0M | $1.8B | ||
| Q2 24 | $125.0M | $1.3B | ||
| Q1 24 | $136.0M | $1.1B |
| 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 | — |
| Q4 25 | $3.3B | $5.1B | ||
| Q3 25 | $3.3B | $4.8B | ||
| Q2 25 | $3.2B | $4.8B | ||
| Q1 25 | $3.2B | $4.7B | ||
| Q4 24 | $3.0B | $4.6B | ||
| Q3 24 | $3.0B | $4.6B | ||
| Q2 24 | $2.8B | $4.5B | ||
| Q1 24 | $2.9B | $4.4B |
| Q4 25 | $11.8B | $8.3B | ||
| Q3 25 | $11.9B | $7.6B | ||
| Q2 25 | $11.8B | $7.5B | ||
| Q1 25 | $11.5B | $7.1B | ||
| Q4 24 | $11.1B | $7.0B | ||
| Q3 24 | $11.2B | $7.3B | ||
| Q2 24 | $10.8B | $6.4B | ||
| Q1 24 | $11.3B | $6.3B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $521.0M | $322.7M |
| Free Cash FlowOCF − Capex | — | $320.4M |
| FCF MarginFCF / Revenue | — | 28.0% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | 7.34× | 0.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | $710.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $521.0M | $322.7M | ||
| Q3 25 | $227.0M | $258.8M | ||
| Q2 25 | $267.0M | $135.2M | ||
| Q1 25 | $-174.0M | $2.8M | ||
| Q4 24 | $489.0M | $247.3M | ||
| Q3 24 | $187.0M | $228.5M | ||
| Q2 24 | $161.0M | $223.8M | ||
| Q1 24 | $3.0M | $-5.0M |
| Q4 25 | — | $320.4M | ||
| Q3 25 | — | $256.4M | ||
| Q2 25 | — | $133.2M | ||
| Q1 25 | — | $900.0K | ||
| Q4 24 | — | $243.5M | ||
| Q3 24 | — | $225.9M | ||
| Q2 24 | — | $221.9M | ||
| Q1 24 | — | $-6.8M |
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 36.6% | ||
| Q2 25 | — | 21.0% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 34.4% | ||
| Q3 24 | — | 36.2% | ||
| Q2 24 | — | 37.7% | ||
| Q1 24 | — | -1.2% |
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | 7.34× | 0.80× | ||
| Q3 25 | 1.60× | 1.82× | ||
| Q2 25 | 2.57× | 0.90× | ||
| Q1 25 | -1.37× | 0.02× | ||
| Q4 24 | 3.54× | 2.03× | ||
| Q3 24 | 1.13× | 8.37× | ||
| Q2 24 | 0.85× | 1.73× | ||
| Q1 24 | 0.02× | -0.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GPK
| Americas Paperboard Packaging | $1.4B | 68% |
| Other | $667.0M | 32% |
JHG
| Investment Advice | $585.2M | 51% |
| Investment Performance | $425.8M | 37% |
| Other | $76.4M | 7% |
