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

Workday, Inc. is the larger business by last-quarter revenue ($2.4B vs $2.1B, roughly 1.2× GRAPHIC PACKAGING HOLDING CO). Workday, Inc. runs the higher net margin — 10.4% vs 3.4%, a 7.0% gap on every dollar of revenue. On growth, Workday, Inc. posted the faster year-over-year revenue change (12.6% vs 0.2%). Over the past eight quarters, Workday, Inc.'s revenue compounded faster (12.5% 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...

Workday, Inc. is a leading global enterprise cloud software provider that develops and distributes human capital management, financial management, and enterprise resource planning solutions. It caters primarily to mid-sized and large organizations across sectors including education, healthcare, finance, and technology, with operations spanning North America, Europe, and Asia Pacific.

GPK vs WDAY — Head-to-Head

Bigger by revenue
WDAY
WDAY
1.2× larger
WDAY
$2.4B
$2.1B
GPK
Growing faster (revenue YoY)
WDAY
WDAY
+12.4% gap
WDAY
12.6%
0.2%
GPK
Higher net margin
WDAY
WDAY
7.0% more per $
WDAY
10.4%
3.4%
GPK
Faster 2-yr revenue CAGR
WDAY
WDAY
Annualised
WDAY
12.5%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
GPK
GPK
WDAY
WDAY
Revenue
$2.1B
$2.4B
Net Profit
$71.0M
$252.0M
Gross Margin
14.1%
Operating Margin
7.4%
10.6%
Net Margin
3.4%
10.4%
Revenue YoY
0.2%
12.6%
Net Profit YoY
-48.6%
30.6%
EPS (diluted)
$0.24
$0.94

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
WDAY
WDAY
Q4 25
$2.1B
$2.4B
Q3 25
$2.2B
$2.3B
Q2 25
$2.2B
$2.2B
Q1 25
$2.1B
$2.2B
Q4 24
$2.1B
$2.2B
Q3 24
$2.2B
$2.1B
Q2 24
$2.2B
$2.0B
Q1 24
$2.3B
$1.9B
Net Profit
GPK
GPK
WDAY
WDAY
Q4 25
$71.0M
$252.0M
Q3 25
$142.0M
$228.0M
Q2 25
$104.0M
$68.0M
Q1 25
$127.0M
$94.0M
Q4 24
$138.0M
$193.0M
Q3 24
$165.0M
$132.0M
Q2 24
$190.0M
$107.0M
Q1 24
$165.0M
$1.2B
Gross Margin
GPK
GPK
WDAY
WDAY
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
WDAY
WDAY
Q4 25
7.4%
10.6%
Q3 25
10.7%
10.6%
Q2 25
8.8%
1.7%
Q1 25
10.5%
3.4%
Q4 24
11.4%
7.6%
Q3 24
12.6%
5.3%
Q2 24
14.5%
3.2%
Q1 24
12.4%
4.1%
Net Margin
GPK
GPK
WDAY
WDAY
Q4 25
3.4%
10.4%
Q3 25
6.5%
9.7%
Q2 25
4.7%
3.0%
Q1 25
6.0%
4.3%
Q4 24
6.6%
8.9%
Q3 24
7.5%
6.3%
Q2 24
8.5%
5.4%
Q1 24
7.3%
61.8%
EPS (diluted)
GPK
GPK
WDAY
WDAY
Q4 25
$0.24
$0.94
Q3 25
$0.48
$0.84
Q2 25
$0.34
$0.25
Q1 25
$0.42
$0.34
Q4 24
$0.46
$0.72
Q3 24
$0.55
$0.49
Q2 24
$0.62
$0.40
Q1 24
$0.53
$4.48

Balance Sheet & Financial Strength

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

Metric
GPK
GPK
WDAY
WDAY
Cash + ST InvestmentsLiquidity on hand
$261.0M
$6.8B
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.3B
$8.9B
Total Assets
$11.8B
$17.8B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
WDAY
WDAY
Q4 25
$261.0M
$6.8B
Q3 25
$120.0M
$8.2B
Q2 25
$120.0M
$8.0B
Q1 25
$129.0M
$8.0B
Q4 24
$157.0M
$7.2B
Q3 24
$126.0M
$7.4B
Q2 24
$125.0M
$7.2B
Q1 24
$136.0M
$7.8B
Total Debt
GPK
GPK
WDAY
WDAY
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
$3.0B
Q1 24
$4.9B
$3.0B
Stockholders' Equity
GPK
GPK
WDAY
WDAY
Q4 25
$3.3B
$8.9B
Q3 25
$3.3B
$9.2B
Q2 25
$3.2B
$8.9B
Q1 25
$3.2B
$9.0B
Q4 24
$3.0B
$8.6B
Q3 24
$3.0B
$8.3B
Q2 24
$2.8B
$8.2B
Q1 24
$2.9B
$8.1B
Total Assets
GPK
GPK
WDAY
WDAY
Q4 25
$11.8B
$17.8B
Q3 25
$11.9B
$18.0B
Q2 25
$11.8B
$17.2B
Q1 25
$11.5B
$18.0B
Q4 24
$11.1B
$16.4B
Q3 24
$11.2B
$16.2B
Q2 24
$10.8B
$15.9B
Q1 24
$11.3B
$16.5B
Debt / Equity
GPK
GPK
WDAY
WDAY
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×
0.37×
Q1 24
1.73×
0.37×

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
WDAY
WDAY
Operating Cash FlowLast quarter
$521.0M
$588.0M
Free Cash FlowOCF − Capex
$550.0M
FCF MarginFCF / Revenue
22.6%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
7.34×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
WDAY
WDAY
Q4 25
$521.0M
$588.0M
Q3 25
$227.0M
$616.0M
Q2 25
$267.0M
$457.0M
Q1 25
$-174.0M
$1.1B
Q4 24
$489.0M
$406.0M
Q3 24
$187.0M
$571.0M
Q2 24
$161.0M
$372.0M
Q1 24
$3.0M
$995.6M
Free Cash Flow
GPK
GPK
WDAY
WDAY
Q4 25
$550.0M
Q3 25
$588.0M
Q2 25
$421.0M
Q1 25
$1.0B
Q4 24
$359.0M
Q3 24
$516.0M
Q2 24
$291.0M
Q1 24
$947.6M
FCF Margin
GPK
GPK
WDAY
WDAY
Q4 25
22.6%
Q3 25
25.0%
Q2 25
18.8%
Q1 25
46.4%
Q4 24
16.6%
Q3 24
24.7%
Q2 24
14.6%
Q1 24
49.3%
Capex Intensity
GPK
GPK
WDAY
WDAY
Q4 25
1.6%
Q3 25
1.2%
Q2 25
1.6%
Q1 25
3.9%
Q4 24
2.2%
Q3 24
2.6%
Q2 24
4.1%
Q1 24
2.5%
Cash Conversion
GPK
GPK
WDAY
WDAY
Q4 25
7.34×
2.33×
Q3 25
1.60×
2.70×
Q2 25
2.57×
6.72×
Q1 25
-1.37×
11.83×
Q4 24
3.54×
2.10×
Q3 24
1.13×
4.33×
Q2 24
0.85×
3.48×
Q1 24
0.02×
0.84×

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%

WDAY
WDAY

Subscription Services$2.2B92%
Professional Services$188.0M8%

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