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GRAPHIC PACKAGING HOLDING CO（GPK）与Zoom Communications, Inc.（ZM）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Zoom Communications, Inc.的1.7倍（$2.1B vs $1.2B），Zoom Communications, Inc.净利率更高（49.8% vs 3.4%，领先46.4%），Zoom Communications, Inc.同比增速更快（4.4% vs 0.2%），过去两年Zoom Communications, Inc.的营收复合增速更高（3.6% 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。
Zoom是总部位于美国加利福尼亚州圣何塞的通信技术企业，旗下核心产品Zoom视频会议软件全球普及度极高，可为企业及个人用户提供高清稳定的远程音视频沟通、线上会议、协同办公等一站式数字化协作解决方案。
GPK vs ZM — 直观对比
营收规模更大
GPK
是对方的1.7倍
$1.2B
营收增速更快
ZM
高出4.2%
0.2%
净利率更高
ZM
高出46.4%
3.4%
两年增速更快
ZM
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.2B |
| 净利润 | $71.0M | $612.9M |
| 毛利率 | 14.1% | 77.9% |
| 营业利润率 | 7.4% | 25.2% |
| 净利率 | 3.4% | 49.8% |
| 营收同比 | 0.2% | 4.4% |
| 净利润同比 | -48.6% | 196.0% |
| 每股收益（稀释后） | $0.24 | $2.01 |
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GPKZM
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.2B | $1.2B | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $2.1B | $1.2B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $2.2B | $1.1B | ||
| Q1 24 | $2.3B | $1.1B |
净利润GPKZM
| Q4 25 | $71.0M | $612.9M | ||
| Q3 25 | $142.0M | $358.6M | ||
| Q2 25 | $104.0M | $254.6M | ||
| Q1 25 | $127.0M | $367.9M | ||
| Q4 24 | $138.0M | $207.1M | ||
| Q3 24 | $165.0M | $219.0M | ||
| Q2 24 | $190.0M | $216.3M | ||
| Q1 24 | $165.0M | $298.8M |
毛利率GPKZM
| Q4 25 | 14.1% | 77.9% | ||
| Q3 25 | 19.6% | 77.6% | ||
| Q2 25 | 18.7% | 76.3% | ||
| Q1 25 | 20.6% | 75.7% | ||
| Q4 24 | 21.4% | 75.9% | ||
| Q3 24 | 22.3% | 75.5% | ||
| Q2 24 | 21.2% | 76.1% | ||
| Q1 24 | 23.0% | 75.9% |
营业利润率GPKZM
| Q4 25 | 7.4% | 25.2% | ||
| Q3 25 | 10.7% | 26.4% | ||
| Q2 25 | 8.8% | 20.6% | ||
| Q1 25 | 10.5% | 19.0% | ||
| Q4 24 | 11.4% | 15.5% | ||
| Q3 24 | 12.6% | 17.4% | ||
| Q2 24 | 14.5% | 17.8% | ||
| Q1 24 | 12.4% | 14.7% |
净利率GPKZM
| Q4 25 | 3.4% | 49.8% | ||
| Q3 25 | 6.5% | 29.5% | ||
| Q2 25 | 4.7% | 21.7% | ||
| Q1 25 | 6.0% | 31.1% | ||
| Q4 24 | 6.6% | 17.6% | ||
| Q3 24 | 7.5% | 18.8% | ||
| Q2 24 | 8.5% | 19.0% | ||
| Q1 24 | 7.3% | 26.1% |
每股收益（稀释后）GPKZM
| Q4 25 | $0.24 | $2.01 | ||
| Q3 25 | $0.48 | $1.16 | ||
| Q2 25 | $0.34 | $0.81 | ||
| Q1 25 | $0.42 | $1.16 | ||
| Q4 24 | $0.46 | $0.66 | ||
| Q3 24 | $0.55 | $0.70 | ||
| Q2 24 | $0.62 | $0.69 | ||
| Q1 24 | $0.53 | $0.98 |
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 | $1.2B |
| 总债务越低越好 | $5.0B | — |
| 股东权益账面价值 | $3.3B | $9.3B |
| 总资产 | $11.8B | $11.4B |
| 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GPKZM
| Q4 25 | $261.0M | $1.2B | ||
| Q3 25 | $120.0M | $1.2B | ||
| Q2 25 | $120.0M | $1.2B | ||
| Q1 25 | $129.0M | $1.3B | ||
| Q4 24 | $157.0M | $1.3B | ||
| Q3 24 | $126.0M | $1.5B | ||
| Q2 24 | $125.0M | $1.9B | ||
| Q1 24 | $136.0M | $1.6B |
总债务GPKZM
| 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GPKZM
| Q4 25 | $3.3B | $9.3B | ||
| Q3 25 | $3.3B | $9.0B | ||
| Q2 25 | $3.2B | $8.9B | ||
| Q1 25 | $3.2B | $8.9B | ||
| Q4 24 | $3.0B | $8.7B | ||
| Q3 24 | $3.0B | $8.5B | ||
| Q2 24 | $2.8B | $8.3B | ||
| Q1 24 | $2.9B | $8.0B |
总资产GPKZM
| Q4 25 | $11.8B | $11.4B | ||
| Q3 25 | $11.9B | $11.0B | ||
| Q2 25 | $11.8B | $11.0B | ||
| Q1 25 | $11.5B | $11.0B | ||
| Q4 24 | $11.1B | $10.7B | ||
| Q3 24 | $11.2B | $10.5B | ||
| Q2 24 | $10.8B | $10.3B | ||
| Q1 24 | $11.3B | $9.9B |
负债/权益比GPKZM
| 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 | $629.3M |
| 自由现金流经营现金流 - 资本支出 | — | $614.3M |
| 自由现金流率自由现金流/营收 | — | 50.0% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | 7.34× | 1.03× |
| 过去12个月自由现金流最近4个季度 | — | $2.0B |
8季度趋势，按日历期对齐
经营现金流GPKZM
| Q4 25 | $521.0M | $629.3M | ||
| Q3 25 | $227.0M | $515.9M | ||
| Q2 25 | $267.0M | $489.3M | ||
| Q1 25 | $-174.0M | $424.6M | ||
| Q4 24 | $489.0M | $483.2M | ||
| Q3 24 | $187.0M | $449.3M | ||
| Q2 24 | $161.0M | $588.2M | ||
| Q1 24 | $3.0M | $351.2M |
自由现金流GPKZM
| Q4 25 | — | $614.3M | ||
| Q3 25 | — | $508.0M | ||
| Q2 25 | — | $463.4M | ||
| Q1 25 | — | $416.2M | ||
| Q4 24 | — | $457.7M | ||
| Q3 24 | — | $365.1M | ||
| Q2 24 | — | $569.7M | ||
| Q1 24 | — | $332.7M |
自由现金流率GPKZM
| Q4 25 | — | 50.0% | ||
| Q3 25 | — | 41.7% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 38.9% | ||
| Q3 24 | — | 31.4% | ||
| Q2 24 | — | 49.9% | ||
| Q1 24 | — | 29.0% |
资本支出强度GPKZM
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 7.2% | ||
| Q2 24 | — | 1.6% | ||
| Q1 24 | — | 1.6% |
现金转化率GPKZM
| Q4 25 | 7.34× | 1.03× | ||
| Q3 25 | 1.60× | 1.44× | ||
| Q2 25 | 2.57× | 1.92× | ||
| Q1 25 | -1.37× | 1.15× | ||
| Q4 24 | 3.54× | 2.33× | ||
| Q3 24 | 1.13× | 2.05× | ||
| Q2 24 | 0.85× | 2.72× | ||
| Q1 24 | 0.02× | 1.18× |
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% |
ZM
暂无分部数据
