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GRAPHIC PACKAGING HOLDING CO（GPK）与RYDER SYSTEM INC（R）财务数据对比。点击上方公司名可切换其他公司
RYDER SYSTEM INC的季度营收约是GRAPHIC PACKAGING HOLDING CO的1.5倍（$3.1B vs $2.1B），GRAPHIC PACKAGING HOLDING CO净利率更高（3.4% vs 3.0%，领先0.4%），RYDER SYSTEM INC同比增速更快（1.0% vs 0.2%），过去两年RYDER SYSTEM INC的营收复合增速更高（-0.9% 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。
Ryder System Inc.是美国专业运输物流服务商，总部位于佛罗里达州科勒尔盖布尔斯，业务覆盖美国及英国，核心业务包含卡车租赁、车队管理、供应链及运输管理，同时提供车辆维保、二手车销售、专业司机派遣、电商履约与最后一公里配送等多元服务。
GPK vs R — 直观对比
营收规模更大
R
是对方的1.5倍
$2.1B
营收增速更快
R
高出0.8%
0.2%
净利率更高
GPK
高出0.4%
3.0%
两年增速更快
R
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $3.1B |
| 净利润 | $71.0M | $93.0M |
| 毛利率 | 14.1% | — |
| 营业利润率 | 7.4% | — |
| 净利率 | 3.4% | 3.0% |
| 营收同比 | 0.2% | 1.0% |
| 净利润同比 | -48.6% | -5.1% |
| 每股收益（稀释后） | $0.24 | $2.34 |
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GPKR
| Q1 26 | — | $3.1B | ||
| Q4 25 | $2.1B | $3.2B | ||
| Q3 25 | $2.2B | $3.2B | ||
| Q2 25 | $2.2B | $3.2B | ||
| Q1 25 | $2.1B | $3.1B | ||
| Q4 24 | $2.1B | $3.2B | ||
| Q3 24 | $2.2B | $3.2B | ||
| Q2 24 | $2.2B | $3.2B |
净利润GPKR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $71.0M | $132.0M | ||
| Q3 25 | $142.0M | $138.0M | ||
| Q2 25 | $104.0M | $131.0M | ||
| Q1 25 | $127.0M | $98.0M | ||
| Q4 24 | $138.0M | $135.0M | ||
| Q3 24 | $165.0M | $142.0M | ||
| Q2 24 | $190.0M | $127.0M |
毛利率GPKR
| 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% | — |
营业利润率GPKR
| Q1 26 | — | — | ||
| Q4 25 | 7.4% | 5.6% | ||
| Q3 25 | 10.7% | 6.0% | ||
| Q2 25 | 8.8% | 5.8% | ||
| Q1 25 | 10.5% | 4.3% | ||
| Q4 24 | 11.4% | 5.7% | ||
| Q3 24 | 12.6% | 5.9% | ||
| Q2 24 | 14.5% | 5.6% |
净利率GPKR
| Q1 26 | — | 3.0% | ||
| Q4 25 | 3.4% | 4.2% | ||
| Q3 25 | 6.5% | 4.4% | ||
| Q2 25 | 4.7% | 4.1% | ||
| Q1 25 | 6.0% | 3.1% | ||
| Q4 24 | 6.6% | 4.2% | ||
| Q3 24 | 7.5% | 4.5% | ||
| Q2 24 | 8.5% | 4.0% |
每股收益（稀释后）GPKR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $0.24 | $3.22 | ||
| Q3 25 | $0.48 | $3.32 | ||
| Q2 25 | $0.34 | $3.13 | ||
| Q1 25 | $0.42 | $2.27 | ||
| Q4 24 | $0.46 | $3.09 | ||
| Q3 24 | $0.55 | $3.24 | ||
| Q2 24 | $0.62 | $2.84 |
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 | $182.0M |
| 总债务越低越好 | $5.0B | — |
| 股东权益账面价值 | $3.3B | $2.9B |
| 总资产 | $11.8B | — |
| 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GPKR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $261.0M | $198.0M | ||
| Q3 25 | $120.0M | $189.0M | ||
| Q2 25 | $120.0M | $180.0M | ||
| Q1 25 | $129.0M | $151.0M | ||
| Q4 24 | $157.0M | $154.0M | ||
| Q3 24 | $126.0M | $162.0M | ||
| Q2 24 | $125.0M | $164.0M |
总债务GPKR
| Q1 26 | — | — | ||
| Q4 25 | $5.0B | $6.8B | ||
| Q3 25 | $5.5B | $7.3B | ||
| Q2 25 | $5.4B | $7.0B | ||
| Q1 25 | $5.7B | $6.7B | ||
| Q4 24 | $5.1B | $6.7B | ||
| Q3 24 | $5.4B | $6.6B | ||
| Q2 24 | $4.9B | $6.5B |
股东权益GPKR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $3.3B | $3.1B | ||
| Q3 25 | $3.3B | $3.1B | ||
| Q2 25 | $3.2B | $3.1B | ||
| Q1 25 | $3.2B | $3.0B | ||
| Q4 24 | $3.0B | $3.1B | ||
| Q3 24 | $3.0B | $3.1B | ||
| Q2 24 | $2.8B | $3.1B |
总资产GPKR
| Q1 26 | — | — | ||
| Q4 25 | $11.8B | $16.4B | ||
| Q3 25 | $11.9B | $16.5B | ||
| Q2 25 | $11.8B | $16.5B | ||
| Q1 25 | $11.5B | $16.4B | ||
| Q4 24 | $11.1B | $16.7B | ||
| Q3 24 | $11.2B | $16.5B | ||
| Q2 24 | $10.8B | $16.4B |
负债/权益比GPKR
| Q1 26 | — | — | ||
| Q4 25 | 1.51× | 2.24× | ||
| Q3 25 | 1.67× | 2.35× | ||
| Q2 25 | 1.68× | 2.27× | ||
| Q1 25 | 1.80× | 2.21× | ||
| Q4 24 | 1.71× | 2.14× | ||
| Q3 24 | 1.79× | 2.17× | ||
| Q2 24 | 1.75× | 2.09× |
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 | $583.0M |
| 自由现金流经营现金流 - 资本支出 | — | $273.0M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 13.7% |
| 现金转化率经营现金流/净利润 | 7.34× | 6.27× |
| 过去12个月自由现金流最近4个季度 | — | $595.0M |
8季度趋势，按日历期对齐
经营现金流GPKR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $521.0M | $749.0M | ||
| Q3 25 | $227.0M | $442.0M | ||
| Q2 25 | $267.0M | $752.0M | ||
| Q1 25 | $-174.0M | $651.0M | ||
| Q4 24 | $489.0M | $558.0M | ||
| Q3 24 | $187.0M | $629.0M | ||
| Q2 24 | $161.0M | $552.0M |
自由现金流GPKR
| Q1 26 | — | $273.0M | ||
| Q4 25 | — | $344.0M | ||
| Q3 25 | — | $-85.0M | ||
| Q2 25 | — | $63.0M | ||
| Q1 25 | — | $137.0M | ||
| Q4 24 | — | $-201.0M | ||
| Q3 24 | — | $30.0M | ||
| Q2 24 | — | $-87.0M |
自由现金流率GPKR
| Q1 26 | — | 8.7% | ||
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | -2.7% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | -6.3% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | -2.7% |
资本支出强度GPKR
| Q1 26 | — | 13.7% | ||
| Q4 25 | — | 12.8% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | — | 16.4% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | 20.1% |
现金转化率GPKR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 7.34× | 5.67× | ||
| Q3 25 | 1.60× | 3.20× | ||
| Q2 25 | 2.57× | 5.74× | ||
| Q1 25 | -1.37× | 6.64× | ||
| Q4 24 | 3.54× | 4.13× | ||
| Q3 24 | 1.13× | 4.43× | ||
| Q2 24 | 0.85× | 4.35× |
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% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
