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GRAPHIC PACKAGING HOLDING CO（GPK）与宜瑞安（INGR）财务数据对比。点击上方公司名可切换其他公司
GRAPHIC PACKAGING HOLDING CO的季度营收约是宜瑞安的1.2倍（$2.1B vs $1.8B），宜瑞安净利率更高（9.5% vs 3.4%，领先6.1%），GRAPHIC PACKAGING HOLDING CO同比增速更快（0.2% vs -2.4%），过去两年宜瑞安的营收复合增速更高（-3.4% vs -3.5%）
Graphic Packaging Holding是总部位于美国佐治亚州亚特兰大的世界500强企业，专注于设计和生产商用产品包装解决方案，主营纸板及折叠纸盒业务，产品广泛应用于饮料、包装食品等各类热门消费品领域，在美国多州运营采用回收原料的纸板工厂。
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
GPK vs INGR — 直观对比
营收规模更大
GPK
是对方的1.2倍
$1.8B
营收增速更快
GPK
高出2.6%
-2.4%
净利率更高
INGR
高出6.1%
3.4%
两年增速更快
INGR
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.8B |
| 净利润 | $71.0M | $167.0M |
| 毛利率 | 14.1% | 24.5% |
| 营业利润率 | 7.4% | 12.5% |
| 净利率 | 3.4% | 9.5% |
| 营收同比 | 0.2% | -2.4% |
| 净利润同比 | -48.6% | 72.2% |
| 每股收益（稀释后） | $0.24 | $2.58 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GPKINGR
| Q4 25 | $2.1B | $1.8B | ||
| Q3 25 | $2.2B | $1.8B | ||
| Q2 25 | $2.2B | $1.8B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $2.1B | $1.8B | ||
| Q3 24 | $2.2B | $1.9B | ||
| Q2 24 | $2.2B | $1.9B | ||
| Q1 24 | $2.3B | $1.9B |
净利润GPKINGR
| Q4 25 | $71.0M | $167.0M | ||
| Q3 25 | $142.0M | $171.0M | ||
| Q2 25 | $104.0M | $196.0M | ||
| Q1 25 | $127.0M | $197.0M | ||
| Q4 24 | $138.0M | $97.0M | ||
| Q3 24 | $165.0M | $188.0M | ||
| Q2 24 | $190.0M | $148.0M | ||
| Q1 24 | $165.0M | $216.0M |
毛利率GPKINGR
| Q4 25 | 14.1% | 24.5% | ||
| Q3 25 | 19.6% | 25.1% | ||
| Q2 25 | 18.7% | 26.0% | ||
| Q1 25 | 20.6% | 25.7% | ||
| Q4 24 | 21.4% | 24.9% | ||
| Q3 24 | 22.3% | 25.6% | ||
| Q2 24 | 21.2% | 23.7% | ||
| Q1 24 | 23.0% | 22.2% |
营业利润率GPKINGR
| Q4 25 | 7.4% | 12.5% | ||
| Q3 25 | 10.7% | 13.7% | ||
| Q2 25 | 8.8% | 14.8% | ||
| Q1 25 | 10.5% | 15.2% | ||
| Q4 24 | 11.4% | 9.0% | ||
| Q3 24 | 12.6% | 14.3% | ||
| Q2 24 | 14.5% | 12.8% | ||
| Q1 24 | 12.4% | 11.3% |
净利率GPKINGR
| Q4 25 | 3.4% | 9.5% | ||
| Q3 25 | 6.5% | 9.4% | ||
| Q2 25 | 4.7% | 10.7% | ||
| Q1 25 | 6.0% | 10.9% | ||
| Q4 24 | 6.6% | 5.4% | ||
| Q3 24 | 7.5% | 10.1% | ||
| Q2 24 | 8.5% | 7.9% | ||
| Q1 24 | 7.3% | 11.5% |
每股收益（稀释后）GPKINGR
| Q4 25 | $0.24 | $2.58 | ||
| Q3 25 | $0.48 | $2.61 | ||
| Q2 25 | $0.34 | $2.99 | ||
| Q1 25 | $0.42 | $3.00 | ||
| Q4 24 | $0.46 | $1.43 | ||
| Q3 24 | $0.55 | $2.83 | ||
| Q2 24 | $0.62 | $2.22 | ||
| Q1 24 | $0.53 | $3.23 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $261.0M | $1.0B |
| 总债务越低越好 | $5.0B | — |
| 股东权益账面价值 | $3.3B | $4.3B |
| 总资产 | $11.8B | $7.9B |
| 负债/权益比越低杠杆越低 | 1.51× | — |
8季度趋势，按日历期对齐
现金及短期投资GPKINGR
| Q4 25 | $261.0M | $1.0B | ||
| Q3 25 | $120.0M | $915.0M | ||
| Q2 25 | $120.0M | $861.0M | ||
| Q1 25 | $129.0M | $837.0M | ||
| Q4 24 | $157.0M | $997.0M | ||
| Q3 24 | $126.0M | $877.0M | ||
| Q2 24 | $125.0M | $505.0M | ||
| Q1 24 | $136.0M | $438.0M |
总债务GPKINGR
| 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 | — |
股东权益GPKINGR
| Q4 25 | $3.3B | $4.3B | ||
| Q3 25 | $3.3B | $4.2B | ||
| Q2 25 | $3.2B | $4.2B | ||
| Q1 25 | $3.2B | $4.0B | ||
| Q4 24 | $3.0B | $3.8B | ||
| Q3 24 | $3.0B | $4.0B | ||
| Q2 24 | $2.8B | $3.7B | ||
| Q1 24 | $2.9B | $3.7B |
总资产GPKINGR
| Q4 25 | $11.8B | $7.9B | ||
| Q3 25 | $11.9B | $7.8B | ||
| Q2 25 | $11.8B | $7.8B | ||
| Q1 25 | $11.5B | $7.5B | ||
| Q4 24 | $11.1B | $7.4B | ||
| Q3 24 | $11.2B | $7.5B | ||
| Q2 24 | $10.8B | $7.2B | ||
| Q1 24 | $11.3B | $7.3B |
负债/权益比GPKINGR
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $521.0M | $405.0M |
| 自由现金流经营现金流 - 资本支出 | — | $270.0M |
| 自由现金流率自由现金流/营收 | — | 15.4% |
| 资本支出强度资本支出/营收 | — | 7.7% |
| 现金转化率经营现金流/净利润 | 7.34× | 2.43× |
| 过去12个月自由现金流最近4个季度 | — | $511.0M |
8季度趋势，按日历期对齐
经营现金流GPKINGR
| Q4 25 | $521.0M | $405.0M | ||
| Q3 25 | $227.0M | $277.0M | ||
| Q2 25 | $267.0M | $185.0M | ||
| Q1 25 | $-174.0M | $77.0M | ||
| Q4 24 | $489.0M | $436.0M | ||
| Q3 24 | $187.0M | $479.0M | ||
| Q2 24 | $161.0M | $312.0M | ||
| Q1 24 | $3.0M | $209.0M |
自由现金流GPKINGR
| Q4 25 | — | $270.0M | ||
| Q3 25 | — | $172.0M | ||
| Q2 25 | — | $84.0M | ||
| Q1 25 | — | $-15.0M | ||
| Q4 24 | — | $311.0M | ||
| Q3 24 | — | $429.0M | ||
| Q2 24 | — | $257.0M | ||
| Q1 24 | — | $144.0M |
自由现金流率GPKINGR
| Q4 25 | — | 15.4% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | -0.8% | ||
| Q4 24 | — | 17.3% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | — | 13.7% | ||
| Q1 24 | — | 7.7% |
资本支出强度GPKINGR
| Q4 25 | — | 7.7% | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | — | 2.7% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 3.5% |
现金转化率GPKINGR
| Q4 25 | 7.34× | 2.43× | ||
| Q3 25 | 1.60× | 1.62× | ||
| Q2 25 | 2.57× | 0.94× | ||
| Q1 25 | -1.37× | 0.39× | ||
| Q4 24 | 3.54× | 4.49× | ||
| Q3 24 | 1.13× | 2.55× | ||
| Q2 24 | 0.85× | 2.11× | ||
| Q1 24 | 0.02× | 0.97× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GPK
| Americas Paperboard Packaging | $1.4B | 68% |
| Other | $667.0M | 32% |
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
