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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and Public Storage (PSA). 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 $1.2B, roughly 1.7× Public Storage). Public Storage runs the higher net margin — 41.7% vs 3.4%, a 38.3% gap on every dollar of revenue. On growth, Public Storage posted the faster year-over-year revenue change (3.3% vs 0.2%). Over the past eight quarters, Public Storage's revenue compounded faster (2.5% 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...
Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.
GPK vs PSA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.2B |
| Net Profit | $71.0M | $507.1M |
| Gross Margin | 14.1% | — |
| Operating Margin | 7.4% | 40.7% |
| Net Margin | 3.4% | 41.7% |
| Revenue YoY | 0.2% | 3.3% |
| Net Profit YoY | -48.6% | -17.5% |
| 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 | $1.2B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.2B | $1.2B | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $2.1B | $1.2B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $2.2B | $1.2B | ||
| Q1 24 | $2.3B | $1.2B |
| Q4 25 | $71.0M | $507.1M | ||
| Q3 25 | $142.0M | $511.1M | ||
| Q2 25 | $104.0M | $358.4M | ||
| Q1 25 | $127.0M | $407.8M | ||
| Q4 24 | $138.0M | $614.6M | ||
| Q3 24 | $165.0M | $430.3M | ||
| Q2 24 | $190.0M | $518.1M | ||
| Q1 24 | $165.0M | $508.9M |
| 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% | 40.7% | ||
| Q3 25 | 10.7% | 42.3% | ||
| Q2 25 | 8.8% | 30.4% | ||
| Q1 25 | 10.5% | 34.8% | ||
| Q4 24 | 11.4% | 52.4% | ||
| Q3 24 | 12.6% | 36.7% | ||
| Q2 24 | 14.5% | 44.6% | ||
| Q1 24 | 12.4% | 44.3% |
| Q4 25 | 3.4% | 41.7% | ||
| Q3 25 | 6.5% | 41.8% | ||
| Q2 25 | 4.7% | 29.8% | ||
| Q1 25 | 6.0% | 34.5% | ||
| Q4 24 | 6.6% | 52.2% | ||
| Q3 24 | 7.5% | 36.2% | ||
| Q2 24 | 8.5% | 44.2% | ||
| Q1 24 | 7.3% | 44.0% |
| Q4 25 | $0.24 | $2.59 | ||
| Q3 25 | $0.48 | $2.62 | ||
| Q2 25 | $0.34 | $1.76 | ||
| Q1 25 | $0.42 | $2.04 | ||
| Q4 24 | $0.46 | $3.22 | ||
| Q3 24 | $0.55 | $2.16 | ||
| Q2 24 | $0.62 | $2.66 | ||
| Q1 24 | $0.53 | $2.60 |
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 | $318.1M |
| Total DebtLower is stronger | $5.0B | $10.3B |
| Stockholders' EquityBook value | $3.3B | $9.2B |
| Total Assets | $11.8B | $20.2B |
| Debt / EquityLower = less leverage | 1.51× | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $261.0M | $318.1M | ||
| Q3 25 | $120.0M | $296.5M | ||
| Q2 25 | $120.0M | $1.1B | ||
| Q1 25 | $129.0M | $287.2M | ||
| Q4 24 | $157.0M | $447.4M | ||
| Q3 24 | $126.0M | $599.0M | ||
| Q2 24 | $125.0M | $542.3M | ||
| Q1 24 | $136.0M | $271.6M |
| Q4 25 | $5.0B | $10.3B | ||
| Q3 25 | $5.5B | $10.0B | ||
| Q2 25 | $5.4B | $10.4B | ||
| Q1 25 | $5.7B | $9.4B | ||
| Q4 24 | $5.1B | $9.4B | ||
| Q3 24 | $5.4B | $9.5B | ||
| Q2 24 | $4.9B | $9.4B | ||
| Q1 24 | $4.9B | $9.1B |
| Q4 25 | $3.3B | $9.2B | ||
| Q3 25 | $3.3B | $9.3B | ||
| Q2 25 | $3.2B | $9.4B | ||
| Q1 25 | $3.2B | $9.6B | ||
| Q4 24 | $3.0B | $9.7B | ||
| Q3 24 | $3.0B | $9.6B | ||
| Q2 24 | $2.8B | $9.7B | ||
| Q1 24 | $2.9B | $9.9B |
| Q4 25 | $11.8B | $20.2B | ||
| Q3 25 | $11.9B | $20.1B | ||
| Q2 25 | $11.8B | $20.5B | ||
| Q1 25 | $11.5B | $19.6B | ||
| Q4 24 | $11.1B | $19.8B | ||
| Q3 24 | $11.2B | $19.8B | ||
| Q2 24 | $10.8B | $19.8B | ||
| Q1 24 | $11.3B | $19.6B |
| Q4 25 | 1.51× | 1.11× | ||
| Q3 25 | 1.67× | 1.08× | ||
| Q2 25 | 1.68× | 1.11× | ||
| Q1 25 | 1.80× | 0.99× | ||
| Q4 24 | 1.71× | 0.96× | ||
| Q3 24 | 1.79× | 0.99× | ||
| Q2 24 | 1.75× | 0.97× | ||
| Q1 24 | 1.73× | 0.91× |
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 | $733.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 7.34× | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $521.0M | $733.6M | ||
| Q3 25 | $227.0M | $875.1M | ||
| Q2 25 | $267.0M | $872.7M | ||
| Q1 25 | $-174.0M | $705.1M | ||
| Q4 24 | $489.0M | $768.6M | ||
| Q3 24 | $187.0M | $798.8M | ||
| Q2 24 | $161.0M | $895.3M | ||
| Q1 24 | $3.0M | $665.6M |
| Q4 25 | 7.34× | 1.45× | ||
| Q3 25 | 1.60× | 1.71× | ||
| Q2 25 | 2.57× | 2.43× | ||
| Q1 25 | -1.37× | 1.73× | ||
| Q4 24 | 3.54× | 1.25× | ||
| Q3 24 | 1.13× | 1.86× | ||
| Q2 24 | 0.85× | 1.73× | ||
| Q1 24 | 0.02× | 1.31× |
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% |
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
