Graphic Packaging Holding Company (GPK)

GPK Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	8,635	8,807	9,428	9,440	7,156	6,560
Revenue Growth (YoY)	-5.05%	-6.59%	-0.13%	31.92%	9.09%	6.49%
Cost of Revenue	6,802	6,825	7,269	7,603	6,068	5,434
Gross Profit	1,833	1,982	2,159	1,837	1,088	1,126
Selling, General & Admin	765	777	808	767	523	664
Other Operating Expenses	38	59	58	16	-5	-1
Operating Expenses	803	836	866	783	518	663
Operating Income	1,030	1,146	1,293	1,054	570	463
Interest Expense	-215	-230	-239	-197	-123	-129
Earnings From Equity Investments	1	1	1	-	1	1
Currency Exchange Gain (Loss)	-20	-5	-6	-3	-3	-3
EBT Excluding Unusual Items	796	912	1,049	854	445	332
Merger & Restructuring Charges	-73	-76	-93	-40	-122	-87
Gain (Loss) on Sale of Assets	-7	66	-14	-96	-	-
Other Unusual Items	-2	-15	-9	-2	-33	-
Pretax Income	714	887	933	716	290	245
Income Tax Expense	180	229	210	194	74	42
Earnings From Continuing Operations	534	658	723	522	216	203
Minority Interest in Earnings	-	-	-	-	-12	-36
Net Income	534	658	723	522	204	167
Net Income to Common	534	658	723	522	204	167
Net Income Growth	-25.94%	-8.99%	38.51%	155.88%	22.16%	-19.32%
Shares Outstanding (Basic)	302	304	308	309	297	279
Shares Outstanding (Diluted)	302	305	309	310	298	280
Shares Change (YoY)	-1.95%	-1.29%	-0.13%	3.89%	6.54%	-5.16%
EPS (Basic)	1.77	2.16	2.35	1.69	0.69	0.60
EPS (Diluted)	1.77	2.16	2.34	1.69	0.68	0.60
EPS Growth	-24.42%	-7.69%	38.46%	148.53%	13.52%	-14.43%
Free Cash Flow	-395	-363	340	541	-193	179
Free Cash Flow Per Share	-1.31	-1.19	1.10	1.75	-0.65	0.64
Dividend Per Share	0.420	0.400	0.400	0.325	0.300	0.300
Dividend Growth	5.00%	-	23.08%	8.33%	-	-
Gross Margin	21.23%	22.50%	22.90%	19.46%	15.20%	17.16%
Operating Margin	11.93%	13.01%	13.71%	11.16%	7.96%	7.06%
Profit Margin	6.18%	7.47%	7.67%	5.53%	2.85%	2.55%
Free Cash Flow Margin	-4.57%	-4.12%	3.61%	5.73%	-2.70%	2.73%
EBITDA	1,554	1,683	1,870	1,600	1,042	913
EBITDA Margin	18.00%	19.11%	19.84%	16.95%	14.56%	13.92%
D&A For EBITDA	524	537	577	546	472	450
EBIT	1,030	1,146	1,293	1,054	570	463
EBIT Margin	11.93%	13.01%	13.71%	11.16%	7.96%	7.06%
Effective Tax Rate	25.21%	25.82%	22.51%	27.10%	25.52%	17.14%

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q