vs

Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and Virtu Financial, Inc. (VIRT). 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× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 3.4%, a 28.3% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 0.2%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% 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...

Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.

GPK vs VIRT — Head-to-Head

Bigger by revenue
GPK
GPK
1.9× larger
GPK
$2.1B
$1.1B
VIRT
Growing faster (revenue YoY)
VIRT
VIRT
+30.5% gap
VIRT
30.7%
0.2%
GPK
Higher net margin
VIRT
VIRT
28.3% more per $
VIRT
31.6%
3.4%
GPK
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
25.7%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GPK
GPK
VIRT
VIRT
Revenue
$2.1B
$1.1B
Net Profit
$71.0M
$346.6M
Gross Margin
14.1%
Operating Margin
7.4%
37.4%
Net Margin
3.4%
31.6%
Revenue YoY
0.2%
30.7%
Net Profit YoY
-48.6%
82.8%
EPS (diluted)
$0.24
$1.99

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
VIRT
VIRT
Q1 26
$1.1B
Q4 25
$2.1B
$969.9M
Q3 25
$2.2B
$824.8M
Q2 25
$2.2B
$999.6M
Q1 25
$2.1B
$837.9M
Q4 24
$2.1B
$834.3M
Q3 24
$2.2B
$706.8M
Q2 24
$2.2B
$693.0M
Net Profit
GPK
GPK
VIRT
VIRT
Q1 26
$346.6M
Q4 25
$71.0M
$139.9M
Q3 25
$142.0M
$77.6M
Q2 25
$104.0M
$151.2M
Q1 25
$127.0M
$99.7M
Q4 24
$138.0M
$94.1M
Q3 24
$165.0M
$60.0M
Q2 24
$190.0M
$66.6M
Gross Margin
GPK
GPK
VIRT
VIRT
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
VIRT
VIRT
Q1 26
37.4%
Q4 25
7.4%
35.4%
Q3 25
10.7%
21.8%
Q2 25
8.8%
34.7%
Q1 25
10.5%
26.7%
Q4 24
11.4%
24.3%
Q3 24
12.6%
20.8%
Q2 24
14.5%
22.4%
Net Margin
GPK
GPK
VIRT
VIRT
Q1 26
31.6%
Q4 25
3.4%
14.4%
Q3 25
6.5%
9.4%
Q2 25
4.7%
15.1%
Q1 25
6.0%
11.9%
Q4 24
6.6%
11.3%
Q3 24
7.5%
8.5%
Q2 24
8.5%
9.6%
EPS (diluted)
GPK
GPK
VIRT
VIRT
Q1 26
$1.99
Q4 25
$0.24
$1.54
Q3 25
$0.48
$0.86
Q2 25
$0.34
$1.65
Q1 25
$0.42
$1.08
Q4 24
$0.46
$1.03
Q3 24
$0.55
$0.64
Q2 24
$0.62
$0.71

Balance Sheet & Financial Strength

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

Metric
GPK
GPK
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$261.0M
$973.2M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.3B
$2.2B
Total Assets
$11.8B
$25.1B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
VIRT
VIRT
Q1 26
$973.2M
Q4 25
$261.0M
$1.1B
Q3 25
$120.0M
$707.9M
Q2 25
$120.0M
$752.1M
Q1 25
$129.0M
$723.6M
Q4 24
$157.0M
$872.5M
Q3 24
$126.0M
$701.4M
Q2 24
$125.0M
$684.8M
Total Debt
GPK
GPK
VIRT
VIRT
Q1 26
Q4 25
$5.0B
$2.0B
Q3 25
$5.5B
$2.0B
Q2 25
$5.4B
$1.7B
Q1 25
$5.7B
$1.7B
Q4 24
$5.1B
$1.7B
Q3 24
$5.4B
$1.7B
Q2 24
$4.9B
$1.7B
Stockholders' Equity
GPK
GPK
VIRT
VIRT
Q1 26
$2.2B
Q4 25
$3.3B
$1.6B
Q3 25
$3.3B
$1.5B
Q2 25
$3.2B
$1.4B
Q1 25
$3.2B
$1.3B
Q4 24
$3.0B
$1.3B
Q3 24
$3.0B
$1.2B
Q2 24
$2.8B
$1.2B
Total Assets
GPK
GPK
VIRT
VIRT
Q1 26
$25.1B
Q4 25
$11.8B
$20.2B
Q3 25
$11.9B
$21.3B
Q2 25
$11.8B
$19.3B
Q1 25
$11.5B
$17.5B
Q4 24
$11.1B
$15.4B
Q3 24
$11.2B
$14.4B
Q2 24
$10.8B
$13.9B
Debt / Equity
GPK
GPK
VIRT
VIRT
Q1 26
Q4 25
1.51×
1.29×
Q3 25
1.67×
1.40×
Q2 25
1.68×
1.24×
Q1 25
1.80×
1.33×
Q4 24
1.71×
1.39×
Q3 24
1.79×
1.41×
Q2 24
1.75×
1.41×

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
VIRT
VIRT
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.

Operating Cash Flow
GPK
GPK
VIRT
VIRT
Q1 26
Q4 25
$521.0M
$518.4M
Q3 25
$227.0M
$-68.7M
Q2 25
$267.0M
$62.8M
Q1 25
$-174.0M
$15.0M
Q4 24
$489.0M
$599.0M
Q3 24
$187.0M
$112.1M
Q2 24
$161.0M
$490.8M
Free Cash Flow
GPK
GPK
VIRT
VIRT
Q1 26
Q4 25
$495.6M
Q3 25
$-76.7M
Q2 25
$57.6M
Q1 25
$9.2M
Q4 24
$586.6M
Q3 24
$106.2M
Q2 24
$486.9M
FCF Margin
GPK
GPK
VIRT
VIRT
Q1 26
Q4 25
51.1%
Q3 25
-9.3%
Q2 25
5.8%
Q1 25
1.1%
Q4 24
70.3%
Q3 24
15.0%
Q2 24
70.3%
Capex Intensity
GPK
GPK
VIRT
VIRT
Q1 26
Q4 25
2.4%
Q3 25
1.0%
Q2 25
0.5%
Q1 25
0.7%
Q4 24
1.5%
Q3 24
0.8%
Q2 24
0.6%
Cash Conversion
GPK
GPK
VIRT
VIRT
Q1 26
Q4 25
7.34×
3.71×
Q3 25
1.60×
-0.89×
Q2 25
2.57×
0.42×
Q1 25
-1.37×
0.15×
Q4 24
3.54×
6.37×
Q3 24
1.13×
1.87×
Q2 24
0.85×
7.37×

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%

VIRT
VIRT

Trading income, net$789.1M72%
Commissions, net and technology services$186.6M17%
Other$119.6M11%

Related Comparisons