vs
Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.
Tapestry, Inc. is the larger business by last-quarter revenue ($2.5B vs $2.1B, roughly 1.2× GRAPHIC PACKAGING HOLDING CO). Tapestry, Inc. runs the higher net margin — 22.4% vs 3.4%, a 19.0% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (14.0% vs 0.2%). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% 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...
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
GPK vs TPR — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $2.5B |
| Net Profit | $71.0M | $561.3M |
| Gross Margin | 14.1% | 75.5% |
| Operating Margin | 7.4% | 28.6% |
| Net Margin | 3.4% | 22.4% |
| Revenue YoY | 0.2% | 14.0% |
| Net Profit YoY | -48.6% | 80.8% |
| EPS (diluted) | $0.24 | $2.68 |
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 | $2.5B | ||
| Q3 25 | $2.2B | $1.7B | ||
| Q2 25 | $2.2B | $1.7B | ||
| Q1 25 | $2.1B | $1.6B | ||
| Q4 24 | $2.1B | $2.2B | ||
| Q3 24 | $2.2B | $1.5B | ||
| Q2 24 | $2.2B | $1.6B | ||
| Q1 24 | $2.3B | $1.5B |
| Q4 25 | $71.0M | $561.3M | ||
| Q3 25 | $142.0M | $274.8M | ||
| Q2 25 | $104.0M | $-517.1M | ||
| Q1 25 | $127.0M | $203.3M | ||
| Q4 24 | $138.0M | $310.4M | ||
| Q3 24 | $165.0M | $186.6M | ||
| Q2 24 | $190.0M | $159.3M | ||
| Q1 24 | $165.0M | $139.4M |
| Q4 25 | 14.1% | 75.5% | ||
| Q3 25 | 19.6% | 76.3% | ||
| Q2 25 | 18.7% | 76.3% | ||
| Q1 25 | 20.6% | 76.1% | ||
| Q4 24 | 21.4% | 74.4% | ||
| Q3 24 | 22.3% | 75.3% | ||
| Q2 24 | 21.2% | 74.9% | ||
| Q1 24 | 23.0% | 74.7% |
| Q4 25 | 7.4% | 28.6% | ||
| Q3 25 | 10.7% | 19.3% | ||
| Q2 25 | 8.8% | -33.9% | ||
| Q1 25 | 10.5% | 16.0% | ||
| Q4 24 | 11.4% | 22.4% | ||
| Q3 24 | 12.6% | 16.7% | ||
| Q2 24 | 14.5% | 14.8% | ||
| Q1 24 | 12.4% | 13.8% |
| Q4 25 | 3.4% | 22.4% | ||
| Q3 25 | 6.5% | 16.1% | ||
| Q2 25 | 4.7% | -30.0% | ||
| Q1 25 | 6.0% | 12.8% | ||
| Q4 24 | 6.6% | 14.1% | ||
| Q3 24 | 7.5% | 12.4% | ||
| Q2 24 | 8.5% | 10.0% | ||
| Q1 24 | 7.3% | 9.4% |
| Q4 25 | $0.24 | $2.68 | ||
| Q3 25 | $0.48 | $1.28 | ||
| Q2 25 | $0.34 | $-2.30 | ||
| Q1 25 | $0.42 | $0.95 | ||
| Q4 24 | $0.46 | $1.38 | ||
| Q3 24 | $0.55 | $0.79 | ||
| Q2 24 | $0.62 | $0.67 | ||
| Q1 24 | $0.53 | $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 | $1.1B |
| Total DebtLower is stronger | $5.0B | $2.4B |
| Stockholders' EquityBook value | $3.3B | $551.2M |
| Total Assets | $11.8B | $6.5B |
| Debt / EquityLower = less leverage | 1.51× | 4.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $261.0M | $1.1B | ||
| Q3 25 | $120.0M | $743.2M | ||
| Q2 25 | $120.0M | $1.1B | ||
| Q1 25 | $129.0M | $1.1B | ||
| Q4 24 | $157.0M | $1.0B | ||
| Q3 24 | $126.0M | $7.3B | ||
| Q2 24 | $125.0M | $7.2B | ||
| Q1 24 | $136.0M | $7.4B |
| Q4 25 | $5.0B | $2.4B | ||
| Q3 25 | $5.5B | $2.4B | ||
| Q2 25 | $5.4B | $2.4B | ||
| Q1 25 | $5.7B | $2.4B | ||
| Q4 24 | $5.1B | $2.4B | ||
| Q3 24 | $5.4B | $7.0B | ||
| Q2 24 | $4.9B | $6.9B | ||
| Q1 24 | $4.9B | $7.7B |
| Q4 25 | $3.3B | $551.2M | ||
| Q3 25 | $3.3B | $399.5M | ||
| Q2 25 | $3.2B | $857.8M | ||
| Q1 25 | $3.2B | $1.5B | ||
| Q4 24 | $3.0B | $1.3B | ||
| Q3 24 | $3.0B | $3.0B | ||
| Q2 24 | $2.8B | $2.9B | ||
| Q1 24 | $2.9B | $2.8B |
| Q4 25 | $11.8B | $6.5B | ||
| Q3 25 | $11.9B | $6.4B | ||
| Q2 25 | $11.8B | $6.6B | ||
| Q1 25 | $11.5B | $7.3B | ||
| Q4 24 | $11.1B | $7.3B | ||
| Q3 24 | $11.2B | $13.7B | ||
| Q2 24 | $10.8B | $13.4B | ||
| Q1 24 | $11.3B | $13.7B |
| Q4 25 | 1.51× | 4.32× | ||
| Q3 25 | 1.67× | 5.95× | ||
| Q2 25 | 1.68× | 2.77× | ||
| Q1 25 | 1.80× | 1.59× | ||
| Q4 24 | 1.71× | 1.78× | ||
| Q3 24 | 1.79× | 2.35× | ||
| Q2 24 | 1.75× | 2.39× | ||
| Q1 24 | 1.73× | 2.77× |
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 | $1.1B |
| Free Cash FlowOCF − Capex | — | $1.0B |
| FCF MarginFCF / Revenue | — | 41.5% |
| Capex IntensityCapex / Revenue | — | 1.7% |
| Cash ConversionOCF / Net Profit | 7.34× | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $521.0M | $1.1B | ||
| Q3 25 | $227.0M | $112.6M | ||
| Q2 25 | $267.0M | $446.8M | ||
| Q1 25 | $-174.0M | $144.3M | ||
| Q4 24 | $489.0M | $506.0M | ||
| Q3 24 | $187.0M | $119.5M | ||
| Q2 24 | $161.0M | $256.0M | ||
| Q1 24 | $3.0M | $97.8M |
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $80.2M | ||
| Q2 25 | — | $411.5M | ||
| Q1 25 | — | $113.4M | ||
| Q4 24 | — | $475.1M | ||
| Q3 24 | — | $93.9M | ||
| Q2 24 | — | $209.8M | ||
| Q1 24 | — | $78.8M |
| Q4 25 | — | 41.5% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | — | 21.6% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 13.2% | ||
| Q1 24 | — | 5.3% |
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 1.3% |
| Q4 25 | 7.34× | 1.93× | ||
| Q3 25 | 1.60× | 0.41× | ||
| Q2 25 | 2.57× | — | ||
| Q1 25 | -1.37× | 0.71× | ||
| Q4 24 | 3.54× | 1.63× | ||
| Q3 24 | 1.13× | 0.64× | ||
| Q2 24 | 0.85× | 1.61× | ||
| Q1 24 | 0.02× | 0.70× |
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% |
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
