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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and LOGITECH INTERNATIONAL S.A. (LOGI). 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 1.5× LOGITECH INTERNATIONAL S.A.). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs 3.4%, a 14.3% gap on every dollar of revenue. On growth, LOGITECH INTERNATIONAL S.A. posted the faster year-over-year revenue change (6.1% vs 0.2%). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% 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...

Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.

GPK vs LOGI — Head-to-Head

Bigger by revenue
GPK
GPK
1.5× larger
GPK
$2.1B
$1.4B
LOGI
Growing faster (revenue YoY)
LOGI
LOGI
+5.8% gap
LOGI
6.1%
0.2%
GPK
Higher net margin
LOGI
LOGI
14.3% more per $
LOGI
17.7%
3.4%
GPK
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
GPK
GPK
LOGI
LOGI
Revenue
$2.1B
$1.4B
Net Profit
$71.0M
$251.0M
Gross Margin
14.1%
43.2%
Operating Margin
7.4%
20.1%
Net Margin
3.4%
17.7%
Revenue YoY
0.2%
6.1%
Net Profit YoY
-48.6%
25.4%
EPS (diluted)
$0.24
$1.69

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
LOGI
LOGI
Q4 25
$2.1B
$1.4B
Q3 25
$2.2B
$1.2B
Q2 25
$2.2B
$1.1B
Q1 25
$2.1B
$1.0B
Q4 24
$2.1B
$1.3B
Q3 24
$2.2B
$1.1B
Q2 24
$2.2B
$1.1B
Q1 24
$2.3B
$1.0B
Net Profit
GPK
GPK
LOGI
LOGI
Q4 25
$71.0M
$251.0M
Q3 25
$142.0M
$170.7M
Q2 25
$104.0M
$146.0M
Q1 25
$127.0M
$144.1M
Q4 24
$138.0M
$200.1M
Q3 24
$165.0M
$145.5M
Q2 24
$190.0M
$141.8M
Q1 24
$165.0M
$167.6M
Gross Margin
GPK
GPK
LOGI
LOGI
Q4 25
14.1%
43.2%
Q3 25
19.6%
43.4%
Q2 25
18.7%
41.7%
Q1 25
20.6%
43.1%
Q4 24
21.4%
42.9%
Q3 24
22.3%
43.6%
Q2 24
21.2%
42.8%
Q1 24
23.0%
43.2%
Operating Margin
GPK
GPK
LOGI
LOGI
Q4 25
7.4%
20.1%
Q3 25
10.7%
16.1%
Q2 25
8.8%
14.1%
Q1 25
10.5%
10.5%
Q4 24
11.4%
17.5%
Q3 24
12.6%
14.4%
Q2 24
14.5%
14.1%
Q1 24
12.4%
12.9%
Net Margin
GPK
GPK
LOGI
LOGI
Q4 25
3.4%
17.7%
Q3 25
6.5%
14.4%
Q2 25
4.7%
12.7%
Q1 25
6.0%
14.3%
Q4 24
6.6%
14.9%
Q3 24
7.5%
13.0%
Q2 24
8.5%
13.0%
Q1 24
7.3%
16.6%
EPS (diluted)
GPK
GPK
LOGI
LOGI
Q4 25
$0.24
$1.69
Q3 25
$0.48
$1.15
Q2 25
$0.34
$0.98
Q1 25
$0.42
$0.94
Q4 24
$0.46
$1.32
Q3 24
$0.55
$0.95
Q2 24
$0.62
$0.92
Q1 24
$0.53
$1.07

Balance Sheet & Financial Strength

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

Metric
GPK
GPK
LOGI
LOGI
Cash + ST InvestmentsLiquidity on hand
$261.0M
$1.8B
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.3B
$2.3B
Total Assets
$11.8B
$4.1B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
LOGI
LOGI
Q4 25
$261.0M
$1.8B
Q3 25
$120.0M
$1.4B
Q2 25
$120.0M
$1.5B
Q1 25
$129.0M
$1.5B
Q4 24
$157.0M
$1.5B
Q3 24
$126.0M
$1.4B
Q2 24
$125.0M
$1.5B
Q1 24
$136.0M
$1.5B
Total Debt
GPK
GPK
LOGI
LOGI
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
LOGI
LOGI
Q4 25
$3.3B
$2.3B
Q3 25
$3.3B
$2.1B
Q2 25
$3.2B
$2.2B
Q1 25
$3.2B
$2.1B
Q4 24
$3.0B
$2.1B
Q3 24
$3.0B
$2.1B
Q2 24
$2.8B
$2.2B
Q1 24
$2.9B
$2.2B
Total Assets
GPK
GPK
LOGI
LOGI
Q4 25
$11.8B
$4.1B
Q3 25
$11.9B
$3.7B
Q2 25
$11.8B
$3.7B
Q1 25
$11.5B
$3.5B
Q4 24
$11.1B
$3.7B
Q3 24
$11.2B
$3.6B
Q2 24
$10.8B
$3.7B
Q1 24
$11.3B
$3.6B
Debt / Equity
GPK
GPK
LOGI
LOGI
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
LOGI
LOGI
Operating Cash FlowLast quarter
$521.0M
$480.5M
Free Cash FlowOCF − Capex
$465.6M
FCF MarginFCF / Revenue
32.8%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
7.34×
1.91×
TTM Free Cash FlowTrailing 4 quarters
$903.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
LOGI
LOGI
Q4 25
$521.0M
$480.5M
Q3 25
$227.0M
$228.8M
Q2 25
$267.0M
$125.0M
Q1 25
$-174.0M
$129.7M
Q4 24
$489.0M
$370.9M
Q3 24
$187.0M
$166.0M
Q2 24
$161.0M
$176.0M
Q1 24
$3.0M
$239.1M
Free Cash Flow
GPK
GPK
LOGI
LOGI
Q4 25
$465.6M
Q3 25
$212.3M
Q2 25
$108.8M
Q1 25
$116.9M
Q4 24
$356.6M
Q3 24
$151.5M
Q2 24
$161.4M
Q1 24
$228.8M
FCF Margin
GPK
GPK
LOGI
LOGI
Q4 25
32.8%
Q3 25
17.9%
Q2 25
9.5%
Q1 25
11.6%
Q4 24
26.6%
Q3 24
13.6%
Q2 24
14.8%
Q1 24
22.6%
Capex Intensity
GPK
GPK
LOGI
LOGI
Q4 25
1.0%
Q3 25
1.4%
Q2 25
1.4%
Q1 25
1.3%
Q4 24
1.1%
Q3 24
1.3%
Q2 24
1.3%
Q1 24
1.0%
Cash Conversion
GPK
GPK
LOGI
LOGI
Q4 25
7.34×
1.91×
Q3 25
1.60×
1.34×
Q2 25
2.57×
0.86×
Q1 25
-1.37×
0.90×
Q4 24
3.54×
1.85×
Q3 24
1.13×
1.14×
Q2 24
0.85×
1.24×
Q1 24
0.02×
1.43×

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%

LOGI
LOGI

Retail Gaming$482.7M34%
Retail Keyboards Desktops$254.6M18%
Retail Pointing Devices$241.2M17%
Retail Video Collaboration$193.3M14%
Retail Tablet And Other Accessories$93.6M7%
Retail Webcams$82.3M6%
Retail Headsets$45.9M3%
Other Retail Products$28.0M2%

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