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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and PATTERSON UTI ENERGY INC (PTEN). 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× PATTERSON UTI ENERGY INC). GRAPHIC PACKAGING HOLDING CO runs the higher net margin — 3.4% vs -2.2%, a 5.6% gap on every dollar of revenue. On growth, GRAPHIC PACKAGING HOLDING CO posted the faster year-over-year revenue change (0.2% vs -12.7%). Over the past eight quarters, GRAPHIC PACKAGING HOLDING CO's revenue compounded faster (-3.5% CAGR vs -8.4%).

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...

Patterson UTI Energy Inc. is a leading oilfield services provider offering onshore contract drilling, pressure pumping, well completion and related support services. It primarily serves upstream oil and gas operators across North America, operating in major unconventional resource basins including shale and tight gas formations.

GPK vs PTEN — Head-to-Head

Bigger by revenue
GPK
GPK
1.9× larger
GPK
$2.1B
$1.1B
PTEN
Growing faster (revenue YoY)
GPK
GPK
+13.0% gap
GPK
0.2%
-12.7%
PTEN
Higher net margin
GPK
GPK
5.6% more per $
GPK
3.4%
-2.2%
PTEN
Faster 2-yr revenue CAGR
GPK
GPK
Annualised
GPK
-3.5%
-8.4%
PTEN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GPK
GPK
PTEN
PTEN
Revenue
$2.1B
$1.1B
Net Profit
$71.0M
$-24.5M
Gross Margin
14.1%
Operating Margin
7.4%
Net Margin
3.4%
-2.2%
Revenue YoY
0.2%
-12.7%
Net Profit YoY
-48.6%
-166.1%
EPS (diluted)
$0.24
$-0.06

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
PTEN
PTEN
Q1 26
$1.1B
Q4 25
$2.1B
$1.1B
Q3 25
$2.2B
$1.2B
Q2 25
$2.2B
$1.2B
Q1 25
$2.1B
$1.3B
Q4 24
$2.1B
$1.1B
Q3 24
$2.2B
$1.3B
Q2 24
$2.2B
$1.3B
Net Profit
GPK
GPK
PTEN
PTEN
Q1 26
$-24.5M
Q4 25
$71.0M
$-9.2M
Q3 25
$142.0M
$-36.4M
Q2 25
$104.0M
$-49.1M
Q1 25
$127.0M
$1.0M
Q4 24
$138.0M
$-51.4M
Q3 24
$165.0M
$-978.8M
Q2 24
$190.0M
$11.1M
Gross Margin
GPK
GPK
PTEN
PTEN
Q1 26
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%
Operating Margin
GPK
GPK
PTEN
PTEN
Q1 26
Q4 25
7.4%
-0.0%
Q3 25
10.7%
-2.4%
Q2 25
8.8%
-2.4%
Q1 25
10.5%
1.3%
Q4 24
11.4%
-2.7%
Q3 24
12.6%
-73.8%
Q2 24
14.5%
3.4%
Net Margin
GPK
GPK
PTEN
PTEN
Q1 26
-2.2%
Q4 25
3.4%
-0.8%
Q3 25
6.5%
-3.1%
Q2 25
4.7%
-4.1%
Q1 25
6.0%
0.1%
Q4 24
6.6%
-4.5%
Q3 24
7.5%
-72.9%
Q2 24
8.5%
0.8%
EPS (diluted)
GPK
GPK
PTEN
PTEN
Q1 26
$-0.06
Q4 25
$0.24
$-0.01
Q3 25
$0.48
$-0.10
Q2 25
$0.34
$-0.13
Q1 25
$0.42
$0.00
Q4 24
$0.46
$-0.10
Q3 24
$0.55
$-2.50
Q2 24
$0.62
$0.03

Balance Sheet & Financial Strength

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

Metric
GPK
GPK
PTEN
PTEN
Cash + ST InvestmentsLiquidity on hand
$261.0M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.3B
$3.2B
Total Assets
$11.8B
$5.4B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
PTEN
PTEN
Q1 26
Q4 25
$261.0M
$418.5M
Q3 25
$120.0M
$184.8M
Q2 25
$120.0M
$183.8M
Q1 25
$129.0M
$223.1M
Q4 24
$157.0M
$239.2M
Q3 24
$126.0M
$113.4M
Q2 24
$125.0M
$72.4M
Total Debt
GPK
GPK
PTEN
PTEN
Q1 26
Q4 25
$5.0B
$1.2B
Q3 25
$5.5B
$1.2B
Q2 25
$5.4B
$1.2B
Q1 25
$5.7B
$1.2B
Q4 24
$5.1B
$1.2B
Q3 24
$5.4B
$1.2B
Q2 24
$4.9B
$1.2B
Stockholders' Equity
GPK
GPK
PTEN
PTEN
Q1 26
$3.2B
Q4 25
$3.3B
$3.2B
Q3 25
$3.3B
$3.2B
Q2 25
$3.2B
$3.3B
Q1 25
$3.2B
$3.4B
Q4 24
$3.0B
$3.5B
Q3 24
$3.0B
$3.6B
Q2 24
$2.8B
$4.6B
Total Assets
GPK
GPK
PTEN
PTEN
Q1 26
$5.4B
Q4 25
$11.8B
$5.6B
Q3 25
$11.9B
$5.5B
Q2 25
$11.8B
$5.6B
Q1 25
$11.5B
$5.8B
Q4 24
$11.1B
$5.8B
Q3 24
$11.2B
$6.0B
Q2 24
$10.8B
$7.0B
Debt / Equity
GPK
GPK
PTEN
PTEN
Q1 26
Q4 25
1.51×
0.38×
Q3 25
1.67×
0.38×
Q2 25
1.68×
0.37×
Q1 25
1.80×
0.36×
Q4 24
1.71×
0.36×
Q3 24
1.79×
0.35×
Q2 24
1.75×
0.27×

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
PTEN
PTEN
Operating Cash FlowLast quarter
$521.0M
$63.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
7.34×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
PTEN
PTEN
Q1 26
$63.9M
Q4 25
$521.0M
$397.5M
Q3 25
$227.0M
$215.8M
Q2 25
$267.0M
$139.7M
Q1 25
$-174.0M
$208.1M
Q4 24
$489.0M
$315.8M
Q3 24
$187.0M
$296.3M
Q2 24
$161.0M
$197.5M
Free Cash Flow
GPK
GPK
PTEN
PTEN
Q1 26
Q4 25
$259.0M
Q3 25
$71.3M
Q2 25
$-4.5M
Q1 25
$46.3M
Q4 24
$175.5M
Q3 24
$115.7M
Q2 24
$67.0M
FCF Margin
GPK
GPK
PTEN
PTEN
Q1 26
Q4 25
22.6%
Q3 25
6.1%
Q2 25
-0.4%
Q1 25
3.7%
Q4 24
15.3%
Q3 24
8.6%
Q2 24
5.0%
Capex Intensity
GPK
GPK
PTEN
PTEN
Q1 26
4.9%
Q4 25
12.1%
Q3 25
12.3%
Q2 25
11.9%
Q1 25
12.8%
Q4 24
12.2%
Q3 24
13.5%
Q2 24
9.8%
Cash Conversion
GPK
GPK
PTEN
PTEN
Q1 26
Q4 25
7.34×
Q3 25
1.60×
Q2 25
2.57×
Q1 25
-1.37×
207.11×
Q4 24
3.54×
Q3 24
1.13×
Q2 24
0.85×
17.83×

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%

PTEN
PTEN

Segment breakdown not available.

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