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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and PERRIGO Co plc (PRGO). 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 1.9× PERRIGO Co plc). GRAPHIC PACKAGING HOLDING CO runs the higher net margin — 3.4% vs -127.8%, a 131.2% gap on every dollar of revenue. On growth, GRAPHIC PACKAGING HOLDING CO posted the faster year-over-year revenue change (0.2% vs -2.5%). Over the past eight quarters, PERRIGO Co plc's revenue compounded faster (1.3% 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...

Perrigo Company plc is an American Irish-registered manufacturer of private label over-the-counter pharmaceuticals, and while 70% of Perrigo's net sales are from the U.S. healthcare system, Perrigo is legally headquartered in Ireland for tax purposes, which accounts for 0.60% of net sales. In 2013, Perrigo completed the sixth-largest US corporate tax inversion in history when it reregistered its tax status to Ireland to avoid U.S. corporate taxes. Perrigo maintains its corporate headquarters ...

GPK vs PRGO — Head-to-Head

Bigger by revenue
GPK
GPK
1.9× larger
GPK
$2.1B
$1.1B
PRGO
Growing faster (revenue YoY)
GPK
GPK
+2.8% gap
GPK
0.2%
-2.5%
PRGO
Higher net margin
GPK
GPK
131.2% more per $
GPK
3.4%
-127.8%
PRGO
Faster 2-yr revenue CAGR
PRGO
PRGO
Annualised
PRGO
1.3%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPK
GPK
PRGO
PRGO
Revenue
$2.1B
$1.1B
Net Profit
$71.0M
$-1.4B
Gross Margin
14.1%
32.6%
Operating Margin
7.4%
-116.0%
Net Margin
3.4%
-127.8%
Revenue YoY
0.2%
-2.5%
Net Profit YoY
-48.6%
-3093.9%
EPS (diluted)
$0.24
$-10.23

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
PRGO
PRGO
Q4 25
$2.1B
$1.1B
Q3 25
$2.2B
$1.0B
Q2 25
$2.2B
$1.1B
Q1 25
$2.1B
$1.0B
Q4 24
$2.1B
$1.1B
Q3 24
$2.2B
$1.1B
Q2 24
$2.2B
$1.1B
Q1 24
$2.3B
$1.1B
Net Profit
GPK
GPK
PRGO
PRGO
Q4 25
$71.0M
$-1.4B
Q3 25
$142.0M
$7.5M
Q2 25
$104.0M
$-8.4M
Q1 25
$127.0M
$-6.4M
Q4 24
$138.0M
$-44.4M
Q3 24
$165.0M
$-21.0M
Q2 24
$190.0M
$-108.4M
Q1 24
$165.0M
$2.0M
Gross Margin
GPK
GPK
PRGO
PRGO
Q4 25
14.1%
32.6%
Q3 25
19.6%
36.1%
Q2 25
18.7%
34.4%
Q1 25
20.6%
37.6%
Q4 24
21.4%
33.9%
Q3 24
22.3%
37.2%
Q2 24
21.2%
37.0%
Q1 24
23.0%
33.1%
Operating Margin
GPK
GPK
PRGO
PRGO
Q4 25
7.4%
-116.0%
Q3 25
10.7%
7.0%
Q2 25
8.8%
4.3%
Q1 25
10.5%
4.5%
Q4 24
11.4%
10.0%
Q3 24
12.6%
7.4%
Q2 24
14.5%
-2.5%
Q1 24
12.4%
-5.1%
Net Margin
GPK
GPK
PRGO
PRGO
Q4 25
3.4%
-127.8%
Q3 25
6.5%
0.7%
Q2 25
4.7%
-0.8%
Q1 25
6.0%
-0.6%
Q4 24
6.6%
-3.9%
Q3 24
7.5%
-1.9%
Q2 24
8.5%
-10.2%
Q1 24
7.3%
0.2%
EPS (diluted)
GPK
GPK
PRGO
PRGO
Q4 25
$0.24
$-10.23
Q3 25
$0.48
$0.05
Q2 25
$0.34
$-0.06
Q1 25
$0.42
$-0.05
Q4 24
$0.46
$-0.32
Q3 24
$0.55
$-0.15
Q2 24
$0.62
$-0.79
Q1 24
$0.53
$0.01

Balance Sheet & Financial Strength

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

Metric
GPK
GPK
PRGO
PRGO
Cash + ST InvestmentsLiquidity on hand
$261.0M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.3B
$2.9B
Total Assets
$11.8B
$8.5B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
PRGO
PRGO
Q4 25
$261.0M
Q3 25
$120.0M
$432.1M
Q2 25
$120.0M
$454.2M
Q1 25
$129.0M
$409.9M
Q4 24
$157.0M
$558.8M
Q3 24
$126.0M
$1.5B
Q2 24
$125.0M
$542.8M
Q1 24
$136.0M
$658.5M
Total Debt
GPK
GPK
PRGO
PRGO
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
PRGO
PRGO
Q4 25
$3.3B
$2.9B
Q3 25
$3.3B
$4.4B
Q2 25
$3.2B
$4.5B
Q1 25
$3.2B
$4.4B
Q4 24
$3.0B
$4.3B
Q3 24
$3.0B
$4.6B
Q2 24
$2.8B
$4.5B
Q1 24
$2.9B
$4.7B
Total Assets
GPK
GPK
PRGO
PRGO
Q4 25
$11.8B
$8.5B
Q3 25
$11.9B
$10.1B
Q2 25
$11.8B
$10.1B
Q1 25
$11.5B
$9.8B
Q4 24
$11.1B
$9.6B
Q3 24
$11.2B
$11.2B
Q2 24
$10.8B
$10.4B
Q1 24
$11.3B
$10.6B
Debt / Equity
GPK
GPK
PRGO
PRGO
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
PRGO
PRGO
Operating Cash FlowLast quarter
$521.0M
$175.4M
Free Cash FlowOCF − Capex
$148.6M
FCF MarginFCF / Revenue
13.4%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
7.34×
TTM Free Cash FlowTrailing 4 quarters
$145.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
PRGO
PRGO
Q4 25
$521.0M
$175.4M
Q3 25
$227.0M
$51.7M
Q2 25
$267.0M
$75.9M
Q1 25
$-174.0M
$-64.5M
Q4 24
$489.0M
$312.6M
Q3 24
$187.0M
$42.2M
Q2 24
$161.0M
$9.5M
Q1 24
$3.0M
$-1.4M
Free Cash Flow
GPK
GPK
PRGO
PRGO
Q4 25
$148.6M
Q3 25
$29.8M
Q2 25
$56.7M
Q1 25
$-90.0M
Q4 24
$274.9M
Q3 24
$15.1M
Q2 24
$-18.9M
Q1 24
$-26.5M
FCF Margin
GPK
GPK
PRGO
PRGO
Q4 25
13.4%
Q3 25
2.9%
Q2 25
5.4%
Q1 25
-8.6%
Q4 24
24.2%
Q3 24
1.4%
Q2 24
-1.8%
Q1 24
-2.4%
Capex Intensity
GPK
GPK
PRGO
PRGO
Q4 25
2.4%
Q3 25
2.1%
Q2 25
1.8%
Q1 25
2.4%
Q4 24
3.3%
Q3 24
2.5%
Q2 24
2.7%
Q1 24
2.3%
Cash Conversion
GPK
GPK
PRGO
PRGO
Q4 25
7.34×
Q3 25
1.60×
6.89×
Q2 25
2.57×
Q1 25
-1.37×
Q4 24
3.54×
Q3 24
1.13×
Q2 24
0.85×
Q1 24
0.02×
-0.70×

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%

PRGO
PRGO

Consumer Self Care Americas$697.0M63%
Digestive Health$123.9M11%
Nutrition$108.3M10%
Healthy Lifestyle$94.8M9%
Pain And Sleep Aids$87.1M8%

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