vs
Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and SELECT MEDICAL HOLDINGS CORP (SEM). 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 $1.4B, roughly 1.5× SELECT MEDICAL HOLDINGS CORP). SELECT MEDICAL HOLDINGS CORP runs the higher net margin — 4.5% vs 3.4%, a 1.1% gap on every dollar of revenue. On growth, SELECT MEDICAL HOLDINGS CORP posted the faster year-over-year revenue change (5.0% vs 0.2%). Over the past eight quarters, SELECT MEDICAL HOLDINGS CORP's revenue compounded faster (5.3% 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...
Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.
GPK vs SEM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.4B |
| Net Profit | $71.0M | $63.8M |
| Gross Margin | 14.1% | — |
| Operating Margin | 7.4% | 6.9% |
| Net Margin | 3.4% | 4.5% |
| Revenue YoY | 0.2% | 5.0% |
| Net Profit YoY | -48.6% | -14.7% |
| EPS (diluted) | $0.24 | $0.35 |
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.
| Q1 26 | — | $1.4B | ||
| Q4 25 | $2.1B | $1.4B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.1B | $1.3B | ||
| Q3 24 | $2.2B | $1.3B | ||
| Q2 24 | $2.2B | $1.3B |
| Q1 26 | — | $63.8M | ||
| Q4 25 | $71.0M | $20.2M | ||
| Q3 25 | $142.0M | $28.8M | ||
| Q2 25 | $104.0M | $40.6M | ||
| Q1 25 | $127.0M | $56.7M | ||
| Q4 24 | $138.0M | $-16.1M | ||
| Q3 24 | $165.0M | $55.6M | ||
| Q2 24 | $190.0M | $77.6M |
| 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% | — |
| Q1 26 | — | 6.9% | ||
| Q4 25 | 7.4% | 4.6% | ||
| Q3 25 | 10.7% | 5.4% | ||
| Q2 25 | 8.8% | 6.5% | ||
| Q1 25 | 10.5% | 8.3% | ||
| Q4 24 | 11.4% | 1.6% | ||
| Q3 24 | 12.6% | 4.3% | ||
| Q2 24 | 14.5% | 5.8% |
| Q1 26 | — | 4.5% | ||
| Q4 25 | 3.4% | 1.4% | ||
| Q3 25 | 6.5% | 2.1% | ||
| Q2 25 | 4.7% | 3.0% | ||
| Q1 25 | 6.0% | 4.2% | ||
| Q4 24 | 6.6% | -1.2% | ||
| Q3 24 | 7.5% | 4.4% | ||
| Q2 24 | 8.5% | 6.1% |
| Q1 26 | — | $0.35 | ||
| Q4 25 | $0.24 | $0.17 | ||
| Q3 25 | $0.48 | $0.23 | ||
| Q2 25 | $0.34 | $0.32 | ||
| Q1 25 | $0.42 | $0.44 | ||
| Q4 24 | $0.46 | $-0.12 | ||
| Q3 24 | $0.55 | $0.43 | ||
| Q2 24 | $0.62 | $0.60 |
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 | $25.7M |
| Total DebtLower is stronger | $5.0B | $1.8B |
| Stockholders' EquityBook value | $3.3B | $2.1B |
| Total Assets | $11.8B | $6.0B |
| Debt / EquityLower = less leverage | 1.51× | 0.88× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $25.7M | ||
| Q4 25 | $261.0M | $26.5M | ||
| Q3 25 | $120.0M | $60.1M | ||
| Q2 25 | $120.0M | $52.3M | ||
| Q1 25 | $129.0M | $53.2M | ||
| Q4 24 | $157.0M | $59.7M | ||
| Q3 24 | $126.0M | $191.5M | ||
| Q2 24 | $125.0M | $111.2M |
| Q1 26 | — | $1.8B | ||
| Q4 25 | $5.0B | $1.8B | ||
| Q3 25 | $5.5B | $1.7B | ||
| Q2 25 | $5.4B | $1.8B | ||
| Q1 25 | $5.7B | $1.8B | ||
| Q4 24 | $5.1B | $1.7B | ||
| Q3 24 | $5.4B | $3.1B | ||
| Q2 24 | $4.9B | $3.6B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $3.3B | $1.7B | ||
| Q3 25 | $3.3B | $1.7B | ||
| Q2 25 | $3.2B | $1.7B | ||
| Q1 25 | $3.2B | $1.7B | ||
| Q4 24 | $3.0B | $1.7B | ||
| Q3 24 | $3.0B | $1.9B | ||
| Q2 24 | $2.8B | $1.4B |
| Q1 26 | — | $6.0B | ||
| Q4 25 | $11.8B | $5.9B | ||
| Q3 25 | $11.9B | $5.7B | ||
| Q2 25 | $11.8B | $5.7B | ||
| Q1 25 | $11.5B | $5.7B | ||
| Q4 24 | $11.1B | $5.6B | ||
| Q3 24 | $11.2B | $8.0B | ||
| Q2 24 | $10.8B | $7.9B |
| Q1 26 | — | 0.88× | ||
| Q4 25 | 1.51× | 1.06× | ||
| Q3 25 | 1.67× | 1.03× | ||
| Q2 25 | 1.68× | 1.10× | ||
| Q1 25 | 1.80× | 1.03× | ||
| Q4 24 | 1.71× | 1.01× | ||
| Q3 24 | 1.79× | 1.62× | ||
| Q2 24 | 1.75× | 2.54× |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 7.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $521.0M | $64.3M | ||
| Q3 25 | $227.0M | $175.3M | ||
| Q2 25 | $267.0M | $110.3M | ||
| Q1 25 | $-174.0M | $-3.5M | ||
| Q4 24 | $489.0M | $125.4M | ||
| Q3 24 | $187.0M | $181.0M | ||
| Q2 24 | $161.0M | $278.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.2M | ||
| Q3 25 | — | $122.2M | ||
| Q2 25 | — | $45.6M | ||
| Q1 25 | — | $-55.8M | ||
| Q4 24 | — | $62.0M | ||
| Q3 24 | — | $130.3M | ||
| Q2 24 | — | $222.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | 7.34× | 3.19× | ||
| Q3 25 | 1.60× | 6.09× | ||
| Q2 25 | 2.57× | 2.72× | ||
| Q1 25 | -1.37× | -0.06× | ||
| Q4 24 | 3.54× | — | ||
| Q3 24 | 1.13× | 3.25× | ||
| Q2 24 | 0.85× | 3.59× |
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% |
SEM
Segment breakdown not available.
