vs

Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and Ovintiv Inc. (OVV). 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 $2.1B, roughly 1.0× Ovintiv Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 3.4%, a 42.7% gap on every dollar of revenue. On growth, GRAPHIC PACKAGING HOLDING CO posted the faster year-over-year revenue change (0.2% vs -6.0%). Over the past eight quarters, GRAPHIC PACKAGING HOLDING CO's revenue compounded faster (-3.5% CAGR vs -7.2%).

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...

Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.

GPK vs OVV — Head-to-Head

Bigger by revenue
GPK
GPK
1.0× larger
GPK
$2.1B
$2.1B
OVV
Growing faster (revenue YoY)
GPK
GPK
+6.2% gap
GPK
0.2%
-6.0%
OVV
Higher net margin
OVV
OVV
42.7% more per $
OVV
46.1%
3.4%
GPK
Faster 2-yr revenue CAGR
GPK
GPK
Annualised
GPK
-3.5%
-7.2%
OVV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPK
GPK
OVV
OVV
Revenue
$2.1B
$2.1B
Net Profit
$71.0M
$946.0M
Gross Margin
14.1%
Operating Margin
7.4%
21.2%
Net Margin
3.4%
46.1%
Revenue YoY
0.2%
-6.0%
Net Profit YoY
-48.6%
1676.7%
EPS (diluted)
$0.24
$3.64

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
OVV
OVV
Q4 25
$2.1B
$2.1B
Q3 25
$2.2B
$2.0B
Q2 25
$2.2B
$2.2B
Q1 25
$2.1B
$2.4B
Q4 24
$2.1B
$2.2B
Q3 24
$2.2B
$2.2B
Q2 24
$2.2B
$2.2B
Q1 24
$2.3B
$2.4B
Net Profit
GPK
GPK
OVV
OVV
Q4 25
$71.0M
$946.0M
Q3 25
$142.0M
$148.0M
Q2 25
$104.0M
$307.0M
Q1 25
$127.0M
$-159.0M
Q4 24
$138.0M
$-60.0M
Q3 24
$165.0M
$507.0M
Q2 24
$190.0M
$340.0M
Q1 24
$165.0M
$338.0M
Gross Margin
GPK
GPK
OVV
OVV
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
OVV
OVV
Q4 25
7.4%
21.2%
Q3 25
10.7%
13.5%
Q2 25
8.8%
23.1%
Q1 25
10.5%
-3.7%
Q4 24
11.4%
0.1%
Q3 24
12.6%
24.2%
Q2 24
14.5%
25.4%
Q1 24
12.4%
20.7%
Net Margin
GPK
GPK
OVV
OVV
Q4 25
3.4%
46.1%
Q3 25
6.5%
7.3%
Q2 25
4.7%
13.9%
Q1 25
6.0%
-6.7%
Q4 24
6.6%
-2.7%
Q3 24
7.5%
23.3%
Q2 24
8.5%
15.5%
Q1 24
7.3%
14.2%
EPS (diluted)
GPK
GPK
OVV
OVV
Q4 25
$0.24
$3.64
Q3 25
$0.48
$0.57
Q2 25
$0.34
$1.18
Q1 25
$0.42
$-0.61
Q4 24
$0.46
$-0.22
Q3 24
$0.55
$1.92
Q2 24
$0.62
$1.27
Q1 24
$0.53
$1.24

Balance Sheet & Financial Strength

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

Metric
GPK
GPK
OVV
OVV
Cash + ST InvestmentsLiquidity on hand
$261.0M
$280.0M
Total DebtLower is stronger
$5.0B
$5.2B
Stockholders' EquityBook value
$3.3B
$11.2B
Total Assets
$11.8B
$20.4B
Debt / EquityLower = less leverage
1.51×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
OVV
OVV
Q4 25
$261.0M
$280.0M
Q3 25
$120.0M
$25.0M
Q2 25
$120.0M
$20.0M
Q1 25
$129.0M
$8.0M
Q4 24
$157.0M
$42.0M
Q3 24
$126.0M
$9.0M
Q2 24
$125.0M
$8.0M
Q1 24
$136.0M
$5.0M
Total Debt
GPK
GPK
OVV
OVV
Q4 25
$5.0B
$5.2B
Q3 25
$5.5B
$5.2B
Q2 25
$5.4B
$5.3B
Q1 25
$5.7B
$5.5B
Q4 24
$5.1B
$5.5B
Q3 24
$5.4B
$5.9B
Q2 24
$4.9B
$6.1B
Q1 24
$4.9B
$6.2B
Stockholders' Equity
GPK
GPK
OVV
OVV
Q4 25
$3.3B
$11.2B
Q3 25
$3.3B
$10.2B
Q2 25
$3.2B
$10.4B
Q1 25
$3.2B
$10.1B
Q4 24
$3.0B
$10.3B
Q3 24
$3.0B
$10.7B
Q2 24
$2.8B
$10.3B
Q1 24
$2.9B
$10.3B
Total Assets
GPK
GPK
OVV
OVV
Q4 25
$11.8B
$20.4B
Q3 25
$11.9B
$19.4B
Q2 25
$11.8B
$19.7B
Q1 25
$11.5B
$19.6B
Q4 24
$11.1B
$19.3B
Q3 24
$11.2B
$19.9B
Q2 24
$10.8B
$19.8B
Q1 24
$11.3B
$19.8B
Debt / Equity
GPK
GPK
OVV
OVV
Q4 25
1.51×
0.46×
Q3 25
1.67×
0.51×
Q2 25
1.68×
0.51×
Q1 25
1.80×
0.55×
Q4 24
1.71×
0.53×
Q3 24
1.79×
0.55×
Q2 24
1.75×
0.59×
Q1 24
1.73×
0.60×

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
OVV
OVV
Operating Cash FlowLast quarter
$521.0M
$954.0M
Free Cash FlowOCF − Capex
$489.0M
FCF MarginFCF / Revenue
23.8%
Capex IntensityCapex / Revenue
22.6%
Cash ConversionOCF / Net Profit
7.34×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
OVV
OVV
Q4 25
$521.0M
$954.0M
Q3 25
$227.0M
$812.0M
Q2 25
$267.0M
$1.0B
Q1 25
$-174.0M
$873.0M
Q4 24
$489.0M
$1.0B
Q3 24
$187.0M
$1.0B
Q2 24
$161.0M
$1.0B
Q1 24
$3.0M
$659.0M
Free Cash Flow
GPK
GPK
OVV
OVV
Q4 25
$489.0M
Q3 25
$268.0M
Q2 25
$492.0M
Q1 25
$256.0M
Q4 24
$468.0M
Q3 24
$484.0M
Q2 24
$398.0M
Q1 24
$68.0M
FCF Margin
GPK
GPK
OVV
OVV
Q4 25
23.8%
Q3 25
13.3%
Q2 25
22.2%
Q1 25
10.8%
Q4 24
21.4%
Q3 24
22.2%
Q2 24
18.1%
Q1 24
2.8%
Capex Intensity
GPK
GPK
OVV
OVV
Q4 25
22.6%
Q3 25
26.9%
Q2 25
23.5%
Q1 25
26.0%
Q4 24
25.3%
Q3 24
24.7%
Q2 24
28.4%
Q1 24
24.8%
Cash Conversion
GPK
GPK
OVV
OVV
Q4 25
7.34×
1.01×
Q3 25
1.60×
5.49×
Q2 25
2.57×
3.30×
Q1 25
-1.37×
Q4 24
3.54×
Q3 24
1.13×
2.02×
Q2 24
0.85×
3.00×
Q1 24
0.02×
1.95×

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%

OVV
OVV

Product And Service Revenue$1.7B84%
Sales Of Purchased Product$338.0M16%

Related Comparisons