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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and Primoris Services Corp (PRIM). 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 $1.9B, roughly 1.1× Primoris Services Corp). GRAPHIC PACKAGING HOLDING CO runs the higher net margin — 3.4% vs 2.8%, a 0.6% gap on every dollar of revenue. On growth, Primoris Services Corp posted the faster year-over-year revenue change (6.7% vs 0.2%). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% 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...
Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.
GPK vs PRIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.9B |
| Net Profit | $71.0M | $51.7M |
| Gross Margin | 14.1% | 9.4% |
| Operating Margin | 7.4% | 4.2% |
| Net Margin | 3.4% | 2.8% |
| Revenue YoY | 0.2% | 6.7% |
| Net Profit YoY | -48.6% | -4.2% |
| EPS (diluted) | $0.24 | $0.94 |
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 | $1.9B | ||
| Q3 25 | $2.2B | $2.2B | ||
| Q2 25 | $2.2B | $1.9B | ||
| Q1 25 | $2.1B | $1.6B | ||
| Q4 24 | $2.1B | $1.7B | ||
| Q3 24 | $2.2B | $1.6B | ||
| Q2 24 | $2.2B | $1.6B | ||
| Q1 24 | $2.3B | $1.4B |
| Q4 25 | $71.0M | $51.7M | ||
| Q3 25 | $142.0M | $94.6M | ||
| Q2 25 | $104.0M | $84.3M | ||
| Q1 25 | $127.0M | $44.2M | ||
| Q4 24 | $138.0M | $54.0M | ||
| Q3 24 | $165.0M | $58.4M | ||
| Q2 24 | $190.0M | $49.5M | ||
| Q1 24 | $165.0M | $18.9M |
| Q4 25 | 14.1% | 9.4% | ||
| Q3 25 | 19.6% | 10.8% | ||
| Q2 25 | 18.7% | 12.3% | ||
| Q1 25 | 20.6% | 10.4% | ||
| Q4 24 | 21.4% | 10.6% | ||
| Q3 24 | 22.3% | 12.0% | ||
| Q2 24 | 21.2% | 11.9% | ||
| Q1 24 | 23.0% | 9.4% |
| Q4 25 | 7.4% | 4.2% | ||
| Q3 25 | 10.7% | 6.3% | ||
| Q2 25 | 8.8% | 6.7% | ||
| Q1 25 | 10.5% | 4.3% | ||
| Q4 24 | 11.4% | 5.0% | ||
| Q3 24 | 12.6% | 6.0% | ||
| Q2 24 | 14.5% | 5.5% | ||
| Q1 24 | 12.4% | 3.1% |
| Q4 25 | 3.4% | 2.8% | ||
| Q3 25 | 6.5% | 4.3% | ||
| Q2 25 | 4.7% | 4.5% | ||
| Q1 25 | 6.0% | 2.7% | ||
| Q4 24 | 6.6% | 3.1% | ||
| Q3 24 | 7.5% | 3.5% | ||
| Q2 24 | 8.5% | 3.2% | ||
| Q1 24 | 7.3% | 1.3% |
| Q4 25 | $0.24 | $0.94 | ||
| Q3 25 | $0.48 | $1.73 | ||
| Q2 25 | $0.34 | $1.54 | ||
| Q1 25 | $0.42 | $0.81 | ||
| Q4 24 | $0.46 | $0.98 | ||
| Q3 24 | $0.55 | $1.07 | ||
| Q2 24 | $0.62 | $0.91 | ||
| Q1 24 | $0.53 | $0.35 |
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 | $535.5M |
| Total DebtLower is stronger | $5.0B | $469.9M |
| Stockholders' EquityBook value | $3.3B | $1.7B |
| Total Assets | $11.8B | $4.4B |
| Debt / EquityLower = less leverage | 1.51× | 0.28× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $261.0M | $535.5M | ||
| Q3 25 | $120.0M | $431.4M | ||
| Q2 25 | $120.0M | $390.3M | ||
| Q1 25 | $129.0M | $351.6M | ||
| Q4 24 | $157.0M | $455.8M | ||
| Q3 24 | $126.0M | $352.7M | ||
| Q2 24 | $125.0M | $207.4M | ||
| Q1 24 | $136.0M | $177.6M |
| Q4 25 | $5.0B | $469.9M | ||
| Q3 25 | $5.5B | $486.0M | ||
| Q2 25 | $5.4B | $603.1M | ||
| Q1 25 | $5.7B | $612.0M | ||
| Q4 24 | $5.1B | $734.8M | ||
| Q3 24 | $5.4B | $903.7M | ||
| Q2 24 | $4.9B | $933.0M | ||
| Q1 24 | $4.9B | $951.7M |
| Q4 25 | $3.3B | $1.7B | ||
| Q3 25 | $3.3B | $1.6B | ||
| Q2 25 | $3.2B | $1.5B | ||
| Q1 25 | $3.2B | $1.4B | ||
| Q4 24 | $3.0B | $1.4B | ||
| Q3 24 | $3.0B | $1.4B | ||
| Q2 24 | $2.8B | $1.3B | ||
| Q1 24 | $2.9B | $1.2B |
| Q4 25 | $11.8B | $4.4B | ||
| Q3 25 | $11.9B | $4.6B | ||
| Q2 25 | $11.8B | $4.5B | ||
| Q1 25 | $11.5B | $4.2B | ||
| Q4 24 | $11.1B | $4.2B | ||
| Q3 24 | $11.2B | $4.2B | ||
| Q2 24 | $10.8B | $4.0B | ||
| Q1 24 | $11.3B | $4.0B |
| Q4 25 | 1.51× | 0.28× | ||
| Q3 25 | 1.67× | 0.30× | ||
| Q2 25 | 1.68× | 0.39× | ||
| Q1 25 | 1.80× | 0.42× | ||
| Q4 24 | 1.71× | 0.52× | ||
| Q3 24 | 1.79× | 0.67× | ||
| Q2 24 | 1.75× | 0.72× | ||
| Q1 24 | 1.73× | 0.76× |
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 | $142.9M |
| Free Cash FlowOCF − Capex | — | $121.1M |
| FCF MarginFCF / Revenue | — | 6.5% |
| Capex IntensityCapex / Revenue | — | 1.2% |
| Cash ConversionOCF / Net Profit | 7.34× | 2.76× |
| TTM Free Cash FlowTrailing 4 quarters | — | $340.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $521.0M | $142.9M | ||
| Q3 25 | $227.0M | $182.9M | ||
| Q2 25 | $267.0M | $78.5M | ||
| Q1 25 | $-174.0M | $66.2M | ||
| Q4 24 | $489.0M | $298.3M | ||
| Q3 24 | $187.0M | $222.5M | ||
| Q2 24 | $161.0M | $16.1M | ||
| Q1 24 | $3.0M | $-28.5M |
| Q4 25 | — | $121.1M | ||
| Q3 25 | — | $148.4M | ||
| Q2 25 | — | $45.3M | ||
| Q1 25 | — | $25.6M | ||
| Q4 24 | — | $270.0M | ||
| Q3 24 | — | $158.8M | ||
| Q2 24 | — | $-8.1M | ||
| Q1 24 | — | $-38.9M |
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 15.5% | ||
| Q3 24 | — | 9.6% | ||
| Q2 24 | — | -0.5% | ||
| Q1 24 | — | -2.8% |
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 3.9% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 0.7% |
| Q4 25 | 7.34× | 2.76× | ||
| Q3 25 | 1.60× | 1.93× | ||
| Q2 25 | 2.57× | 0.93× | ||
| Q1 25 | -1.37× | 1.50× | ||
| Q4 24 | 3.54× | 5.53× | ||
| Q3 24 | 1.13× | 3.81× | ||
| Q2 24 | 0.85× | 0.32× | ||
| Q1 24 | 0.02× | -1.50× |
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% |
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
