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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and Textron (TXT). Click either name above to swap in a different company.

Textron is the larger business by last-quarter revenue ($4.2B vs $2.1B, roughly 2.0× GRAPHIC PACKAGING HOLDING CO). Textron runs the higher net margin — 5.6% vs 3.4%, a 2.2% gap on every dollar of revenue. On growth, Textron posted the faster year-over-year revenue change (15.6% vs 0.2%). Over the past eight quarters, Textron's revenue compounded faster (15.4% 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...

Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Bell Textron, Kautex, Textron Aviation, and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 countries. The company ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.

GPK vs TXT — Head-to-Head

Bigger by revenue
TXT
TXT
2.0× larger
TXT
$4.2B
$2.1B
GPK
Growing faster (revenue YoY)
TXT
TXT
+15.3% gap
TXT
15.6%
0.2%
GPK
Higher net margin
TXT
TXT
2.2% more per $
TXT
5.6%
3.4%
GPK
Faster 2-yr revenue CAGR
TXT
TXT
Annualised
TXT
15.4%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPK
GPK
TXT
TXT
Revenue
$2.1B
$4.2B
Net Profit
$71.0M
$235.0M
Gross Margin
14.1%
Operating Margin
7.4%
Net Margin
3.4%
5.6%
Revenue YoY
0.2%
15.6%
Net Profit YoY
-48.6%
66.7%
EPS (diluted)
$0.24

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
TXT
TXT
Q4 25
$2.1B
$4.2B
Q3 25
$2.2B
$3.6B
Q2 25
$2.2B
$3.7B
Q1 25
$2.1B
$3.3B
Q4 24
$2.1B
$3.6B
Q3 24
$2.2B
$3.4B
Q2 24
$2.2B
$3.5B
Q1 24
$2.3B
$3.1B
Net Profit
GPK
GPK
TXT
TXT
Q4 25
$71.0M
$235.0M
Q3 25
$142.0M
$234.0M
Q2 25
$104.0M
$245.0M
Q1 25
$127.0M
$207.0M
Q4 24
$138.0M
$141.0M
Q3 24
$165.0M
$223.0M
Q2 24
$190.0M
$259.0M
Q1 24
$165.0M
$201.0M
Gross Margin
GPK
GPK
TXT
TXT
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%
Operating Margin
GPK
GPK
TXT
TXT
Q4 25
7.4%
Q3 25
10.7%
Q2 25
8.8%
Q1 25
10.5%
Q4 24
11.4%
3.6%
Q3 24
12.6%
7.4%
Q2 24
14.5%
9.2%
Q1 24
12.4%
7.6%
Net Margin
GPK
GPK
TXT
TXT
Q4 25
3.4%
5.6%
Q3 25
6.5%
6.5%
Q2 25
4.7%
6.6%
Q1 25
6.0%
6.3%
Q4 24
6.6%
3.9%
Q3 24
7.5%
6.5%
Q2 24
8.5%
7.3%
Q1 24
7.3%
6.4%
EPS (diluted)
GPK
GPK
TXT
TXT
Q4 25
$0.24
Q3 25
$0.48
Q2 25
$0.34
Q1 25
$0.42
$1.13
Q4 24
$0.46
Q3 24
$0.55
Q2 24
$0.62
Q1 24
$0.53
$1.03

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
TXT
TXT
Q4 25
$261.0M
Q3 25
$120.0M
Q2 25
$120.0M
Q1 25
$129.0M
Q4 24
$157.0M
Q3 24
$126.0M
Q2 24
$125.0M
Q1 24
$136.0M
Total Debt
GPK
GPK
TXT
TXT
Q4 25
$5.0B
Q3 25
$5.5B
Q2 25
$5.4B
Q1 25
$5.7B
Q4 24
$5.1B
Q3 24
$5.4B
Q2 24
$4.9B
Q1 24
$4.9B
Stockholders' Equity
GPK
GPK
TXT
TXT
Q4 25
$3.3B
Q3 25
$3.3B
$7.5B
Q2 25
$3.2B
$7.4B
Q1 25
$3.2B
$7.3B
Q4 24
$3.0B
$7.2B
Q3 24
$3.0B
$7.0B
Q2 24
$2.8B
$6.9B
Q1 24
$2.9B
$6.9B
Total Assets
GPK
GPK
TXT
TXT
Q4 25
$11.8B
Q3 25
$11.9B
$17.4B
Q2 25
$11.8B
$17.1B
Q1 25
$11.5B
$16.9B
Q4 24
$11.1B
$16.8B
Q3 24
$11.2B
$16.5B
Q2 24
$10.8B
$16.4B
Q1 24
$11.3B
$16.4B
Debt / Equity
GPK
GPK
TXT
TXT
Q4 25
1.51×
Q3 25
1.67×
Q2 25
1.68×
Q1 25
1.80×
Q4 24
1.71×
Q3 24
1.79×
Q2 24
1.75×
Q1 24
1.73×

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
TXT
TXT
Operating Cash FlowLast quarter
$521.0M
$700.0M
Free Cash FlowOCF − Capex
$527.0M
FCF MarginFCF / Revenue
12.6%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
7.34×
2.98×
TTM Free Cash FlowTrailing 4 quarters
$929.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
TXT
TXT
Q4 25
$521.0M
$700.0M
Q3 25
$227.0M
$349.0M
Q2 25
$267.0M
$387.0M
Q1 25
$-174.0M
$-124.0M
Q4 24
$489.0M
$446.0M
Q3 24
$187.0M
$208.0M
Q2 24
$161.0M
$367.0M
Q1 24
$3.0M
$-7.0M
Free Cash Flow
GPK
GPK
TXT
TXT
Q4 25
$527.0M
Q3 25
$273.0M
Q2 25
$309.0M
Q1 25
$-180.0M
Q4 24
$293.0M
Q3 24
$137.0M
Q2 24
$293.0M
Q1 24
$-73.0M
FCF Margin
GPK
GPK
TXT
TXT
Q4 25
12.6%
Q3 25
7.6%
Q2 25
8.3%
Q1 25
-5.4%
Q4 24
8.1%
Q3 24
4.0%
Q2 24
8.3%
Q1 24
-2.3%
Capex Intensity
GPK
GPK
TXT
TXT
Q4 25
4.1%
Q3 25
2.1%
Q2 25
2.1%
Q1 25
1.7%
Q4 24
4.2%
Q3 24
2.1%
Q2 24
2.1%
Q1 24
2.1%
Cash Conversion
GPK
GPK
TXT
TXT
Q4 25
7.34×
2.98×
Q3 25
1.60×
1.49×
Q2 25
2.57×
1.58×
Q1 25
-1.37×
-0.60×
Q4 24
3.54×
3.16×
Q3 24
1.13×
0.93×
Q2 24
0.85×
1.42×
Q1 24
0.02×
-0.03×

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%

TXT
TXT

Aircraft$1.2B29%
Military Aircraft And Support Programs$655.0M16%
Aftermarket Parts And Services$551.0M13%
Services$507.0M12%
Fuel Systems And Functional Components$480.0M11%
Textron Systems$323.0M8%
Other$317.0M8%
US Government$119.0M3%
Finance$18.0M0%
Textron E Aviation Segment$7.0M0%

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