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GRAPHIC PACKAGING HOLDING CO（GPK）与Texas Roadhouse, Inc.（TXRH）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Texas Roadhouse, Inc.的1.4倍（$2.1B vs $1.5B），Texas Roadhouse, Inc.净利率更高（5.8% vs 3.4%，领先2.5%），Texas Roadhouse, Inc.同比增速更快（3.1% vs 0.2%），过去两年Texas Roadhouse, Inc.的营收复合增速更高（12.8% 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。
Texas Roadhouse是美国知名牛排连锁餐厅，主打德克萨斯及美国西南部风味餐食，核心产品为各类牛排。品牌总部位于肯塔基州路易斯维尔，旗下还运营另外两个餐饮品牌。截至2025年8月，品牌在美国49个州拥有约800家门店，同时在11个国家开设了70家海外门店。
GPK vs TXRH — 直观对比
营收规模更大
GPK
是对方的1.4倍
$1.5B
营收增速更快
TXRH
高出2.8%
0.2%
净利率更高
TXRH
高出2.5%
3.4%
两年增速更快
TXRH
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.5B |
| 净利润 | $71.0M | $86.7M |
| 毛利率 | 14.1% | — |
| 营业利润率 | 7.4% | 6.5% |
| 净利率 | 3.4% | 5.8% |
| 营收同比 | 0.2% | 3.1% |
| 净利润同比 | -48.6% | -26.9% |
| 每股收益（稀释后） | $0.24 | $1.29 |
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GPKTXRH
| Q4 25 | $2.1B | $1.5B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | $2.2B | $1.4B | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | $1.4B | ||
| Q3 24 | $2.2B | $1.3B | ||
| Q2 24 | $2.2B | $1.3B | ||
| Q1 24 | $2.3B | $1.3B |
净利润GPKTXRH
| Q4 25 | $71.0M | $86.7M | ||
| Q3 25 | $142.0M | $84.9M | ||
| Q2 25 | $104.0M | $116.1M | ||
| Q1 25 | $127.0M | — | ||
| Q4 24 | $138.0M | $118.5M | ||
| Q3 24 | $165.0M | $86.8M | ||
| Q2 24 | $190.0M | $123.1M | ||
| Q1 24 | $165.0M | $116.0M |
毛利率GPKTXRH
| 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% | — |
营业利润率GPKTXRH
| Q4 25 | 7.4% | 6.5% | ||
| Q3 25 | 10.7% | 6.7% | ||
| Q2 25 | 8.8% | 9.3% | ||
| Q1 25 | 10.5% | — | ||
| Q4 24 | 11.4% | 9.6% | ||
| Q3 24 | 12.6% | 8.0% | ||
| Q2 24 | 14.5% | 10.6% | ||
| Q1 24 | 12.4% | 10.1% |
净利率GPKTXRH
| Q4 25 | 3.4% | 5.8% | ||
| Q3 25 | 6.5% | 5.9% | ||
| Q2 25 | 4.7% | 8.0% | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 6.6% | 8.2% | ||
| Q3 24 | 7.5% | 6.8% | ||
| Q2 24 | 8.5% | 9.2% | ||
| Q1 24 | 7.3% | 8.8% |
每股收益（稀释后）GPKTXRH
| Q4 25 | $0.24 | $1.29 | ||
| Q3 25 | $0.48 | $1.25 | ||
| Q2 25 | $0.34 | $1.70 | ||
| Q1 25 | $0.42 | — | ||
| Q4 24 | $0.46 | $1.73 | ||
| Q3 24 | $0.55 | $1.26 | ||
| Q2 24 | $0.62 | $1.79 | ||
| Q1 24 | $0.53 | $1.69 |
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 | $134.7M |
| 总债务越低越好 | $5.0B | — |
| 股东权益账面价值 | $3.3B | $1.5B |
| 总资产 | $11.8B | $3.5B |
| 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GPKTXRH
| Q4 25 | $261.0M | $134.7M | ||
| Q3 25 | $120.0M | $108.2M | ||
| Q2 25 | $120.0M | $221.1M | ||
| Q1 25 | $129.0M | — | ||
| Q4 24 | $157.0M | $245.2M | ||
| Q3 24 | $126.0M | $189.2M | ||
| Q2 24 | $125.0M | $197.5M | ||
| Q1 24 | $136.0M | $213.4M |
总债务GPKTXRH
| 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GPKTXRH
| Q4 25 | $3.3B | $1.5B | ||
| Q3 25 | $3.3B | $1.5B | ||
| Q2 25 | $3.2B | $1.4B | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.0B | $1.4B | ||
| Q3 24 | $3.0B | $1.3B | ||
| Q2 24 | $2.8B | $1.3B | ||
| Q1 24 | $2.9B | $1.2B |
总资产GPKTXRH
| Q4 25 | $11.8B | $3.5B | ||
| Q3 25 | $11.9B | $3.3B | ||
| Q2 25 | $11.8B | $3.2B | ||
| Q1 25 | $11.5B | — | ||
| Q4 24 | $11.1B | $3.2B | ||
| Q3 24 | $11.2B | $2.9B | ||
| Q2 24 | $10.8B | $2.9B | ||
| Q1 24 | $11.3B | $2.8B |
负债/权益比GPKTXRH
| 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 | — |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | 7.34× | — |
| 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GPKTXRH
| Q4 25 | $521.0M | — | ||
| Q3 25 | $227.0M | $143.6M | ||
| Q2 25 | $267.0M | $237.7M | ||
| Q1 25 | $-174.0M | — | ||
| Q4 24 | $489.0M | $237.5M | ||
| Q3 24 | $187.0M | $138.7M | ||
| Q2 24 | $161.0M | $133.9M | ||
| Q1 24 | $3.0M | $243.4M |
自由现金流GPKTXRH
| Q4 25 | — | — | ||
| Q3 25 | — | $14.7M | ||
| Q2 25 | — | $160.4M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $129.7M | ||
| Q3 24 | — | $47.7M | ||
| Q2 24 | — | $56.1M | ||
| Q1 24 | — | $165.8M |
自由现金流率GPKTXRH
| Q4 25 | — | — | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 11.1% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 4.2% | ||
| Q1 24 | — | 12.5% |
资本支出强度GPKTXRH
| Q4 25 | — | — | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 5.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | — | 7.2% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 5.9% |
现金转化率GPKTXRH
| Q4 25 | 7.34× | — | ||
| Q3 25 | 1.60× | 1.69× | ||
| Q2 25 | 2.57× | 2.05× | ||
| Q1 25 | -1.37× | — | ||
| Q4 24 | 3.54× | 2.00× | ||
| Q3 24 | 1.13× | 1.60× | ||
| Q2 24 | 0.85× | 1.09× | ||
| Q1 24 | 0.02× | 2.10× |
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% |
TXRH
| Food And Beverage | $1.5B | 99% |
| Texas Roadhouse Segment | $21.2M | 1% |
| Franchise | $8.2M | 1% |
| Franchise Royalty | $7.4M | 0% |
| Bubba S33Segment | $2.3M | 0% |
