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GRAPHIC PACKAGING HOLDING CO（GPK）与Primo Brands Corp（PRMB）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Primo Brands Corp的1.3倍（$2.1B vs $1.6B），GRAPHIC PACKAGING HOLDING CO净利率更高（3.4% vs 1.7%，领先1.7%），Primo Brands Corp同比增速更快（0.8% vs 0.2%），过去两年Primo Brands Corp的营收复合增速更高（19.7% 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。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
GPK vs PRMB — 直观对比
营收规模更大
GPK
是对方的1.3倍
$1.6B
营收增速更快
PRMB
高出0.5%
0.2%
净利率更高
GPK
高出1.7%
1.7%
两年增速更快
PRMB
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.6B |
| 净利润 | $71.0M | $27.3M |
| 毛利率 | 14.1% | 28.6% |
| 营业利润率 | 7.4% | 8.5% |
| 净利率 | 3.4% | 1.7% |
| 营收同比 | 0.2% | 0.8% |
| 净利润同比 | -48.6% | -4.9% |
| 每股收益（稀释后） | $0.24 | $0.07 |
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GPKPRMB
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.1B | $1.6B | ||
| Q3 25 | $2.2B | $1.8B | ||
| Q2 25 | $2.2B | $1.7B | ||
| Q1 25 | $2.1B | $1.6B | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.2B | $0 | ||
| Q2 24 | $2.2B | $1.3B |
净利润GPKPRMB
| Q1 26 | — | $27.3M | ||
| Q4 25 | $71.0M | $-13.0M | ||
| Q3 25 | $142.0M | $16.8M | ||
| Q2 25 | $104.0M | $27.6M | ||
| Q1 25 | $127.0M | $28.7M | ||
| Q4 24 | $138.0M | — | ||
| Q3 24 | $165.0M | $-2.0K | ||
| Q2 24 | $190.0M | $54.5M |
毛利率GPKPRMB
| Q1 26 | — | 28.6% | ||
| Q4 25 | 14.1% | 27.7% | ||
| Q3 25 | 19.6% | 29.9% | ||
| Q2 25 | 18.7% | 31.3% | ||
| Q1 25 | 20.6% | 32.3% | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 22.3% | — | ||
| Q2 24 | 21.2% | 32.7% |
营业利润率GPKPRMB
| Q1 26 | — | 8.5% | ||
| Q4 25 | 7.4% | 1.2% | ||
| Q3 25 | 10.7% | 8.3% | ||
| Q2 25 | 8.8% | 6.5% | ||
| Q1 25 | 10.5% | 9.5% | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 12.6% | — | ||
| Q2 24 | 14.5% | 12.1% |
净利率GPKPRMB
| Q1 26 | — | 1.7% | ||
| Q4 25 | 3.4% | -0.8% | ||
| Q3 25 | 6.5% | 1.0% | ||
| Q2 25 | 4.7% | 1.6% | ||
| Q1 25 | 6.0% | 1.8% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 7.5% | — | ||
| Q2 24 | 8.5% | 4.1% |
每股收益（稀释后）GPKPRMB
| Q1 26 | — | $0.07 | ||
| Q4 25 | $0.24 | $-0.03 | ||
| Q3 25 | $0.48 | $0.04 | ||
| Q2 25 | $0.34 | $0.07 | ||
| Q1 25 | $0.42 | $0.08 | ||
| Q4 24 | $0.46 | — | ||
| Q3 24 | $0.55 | $-20.00 | ||
| Q2 24 | $0.62 | $0.25 |
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 | — |
| 总债务越低越好 | $5.0B | $5.2B |
| 股东权益账面价值 | $3.3B | $3.0B |
| 总资产 | $11.8B | $10.6B |
| 负债/权益比越低杠杆越低 | 1.51× | 1.74× |
8季度趋势，按日历期对齐
现金及短期投资GPKPRMB
| Q1 26 | — | — | ||
| Q4 25 | $261.0M | $376.7M | ||
| Q3 25 | $120.0M | — | ||
| Q2 25 | $120.0M | — | ||
| Q1 25 | $129.0M | — | ||
| Q4 24 | $157.0M | — | ||
| Q3 24 | $126.0M | — | ||
| Q2 24 | $125.0M | — |
总债务GPKPRMB
| Q1 26 | — | $5.2B | ||
| Q4 25 | $5.0B | $5.2B | ||
| Q3 25 | $5.5B | $5.1B | ||
| Q2 25 | $5.4B | $5.1B | ||
| Q1 25 | $5.7B | $5.0B | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.4B | — | ||
| Q2 24 | $4.9B | — |
股东权益GPKPRMB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $3.3B | $3.0B | ||
| Q3 25 | $3.3B | $3.2B | ||
| Q2 25 | $3.2B | $3.2B | ||
| Q1 25 | $3.2B | $3.3B | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.0B | $-2.0K | ||
| Q2 24 | $2.8B | $-296.8M |
总资产GPKPRMB
| Q1 26 | — | $10.6B | ||
| Q4 25 | $11.8B | $10.6B | ||
| Q3 25 | $11.9B | $11.0B | ||
| Q2 25 | $11.8B | $11.0B | ||
| Q1 25 | $11.5B | $11.0B | ||
| Q4 24 | $11.1B | — | ||
| Q3 24 | $11.2B | $0 | ||
| Q2 24 | $10.8B | — |
负债/权益比GPKPRMB
| Q1 26 | — | 1.74× | ||
| Q4 25 | 1.51× | 1.72× | ||
| Q3 25 | 1.67× | 1.61× | ||
| Q2 25 | 1.68× | 1.57× | ||
| Q1 25 | 1.80× | 1.51× | ||
| Q4 24 | 1.71× | — | ||
| Q3 24 | 1.79× | — | ||
| Q2 24 | 1.75× | — |
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 | $103.8M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 2.9% |
| 现金转化率经营现金流/净利润 | 7.34× | 3.80× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GPKPRMB
| Q1 26 | — | $103.8M | ||
| Q4 25 | $521.0M | $203.1M | ||
| Q3 25 | $227.0M | $283.4M | ||
| Q2 25 | $267.0M | $155.0M | ||
| Q1 25 | $-174.0M | $38.8M | ||
| Q4 24 | $489.0M | — | ||
| Q3 24 | $187.0M | $0 | ||
| Q2 24 | $161.0M | $102.5M |
自由现金流GPKPRMB
| Q1 26 | — | — | ||
| Q4 25 | — | $57.3M | ||
| Q3 25 | — | $167.7M | ||
| Q2 25 | — | $101.1M | ||
| Q1 25 | — | $-23.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $61.4M |
自由现金流率GPKPRMB
| Q1 26 | — | — | ||
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | -1.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 4.7% |
资本支出强度GPKPRMB
| Q1 26 | — | 2.9% | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 6.6% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 3.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.1% |
现金转化率GPKPRMB
| Q1 26 | — | 3.80× | ||
| Q4 25 | 7.34× | — | ||
| Q3 25 | 1.60× | 16.87× | ||
| Q2 25 | 2.57× | 5.62× | ||
| Q1 25 | -1.37× | 1.35× | ||
| Q4 24 | 3.54× | — | ||
| Q3 24 | 1.13× | — | ||
| Q2 24 | 0.85× | 1.88× |
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% |
PRMB
| Regional spring water | $801.2M | 49% |
| Purified water | $511.2M | 31% |
| Other | $208.2M | 13% |
| Premium water | $105.5M | 6% |
