Graphic Packaging Holding Company (GPK) Key Metrics
GPK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.54B
- Enterprise value
- $8.30B
- P/E (TTM)
- 13.0 10-yr median 15.5
- Forward P/E
- 8.3
- PEG ratio
- 3.33
- Price / sales
- 0.3 10-yr median 0.8
- Price / book
- 0.9 10-yr median 3.1
- EV / EBITDA
- 7.8 10-yr median 8.3
- Dividend yield
- 5.13% $0.44 a year
- Beta
- 0.67
GPK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGPK valuation Price multiples at each fiscal year-end price.
GPK returns How much profit the business earns on the capital it uses.
GPK per-share figures Results divided by the shares outstanding at year-end.
GPK financial health Debt, liquidity and how easily interest is covered.
GPK efficiency & capital use Working capital cycle and where the cash goes.
GPK valuation history
GPK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GPK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GPK cash returned to shareholders
GPK price vs earnings per share
GPK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.47B | $8.29B | $7.62B | $6.89B | $5.81B | $4.74B | $4.91B | $3.30B | $4.82B | $4.01B |
| Enterprise value | $10.08B | $13.59B | $13.08B | $12.24B | $11.70B | $8.43B | $7.82B | $6.19B | $7.03B | $6.11B |
| P/E ratio | 10.1 | 12.6 | 10.5 | 13.2 | 28.5 | 28.3 | 23.7 | 14.9 | 16.1 | 17.6 |
| Price / sales | 0.5 | 0.9 | 0.8 | 0.7 | 0.8 | 0.7 | 0.8 | 0.5 | 1.1 | 0.9 |
| Price / book | 1.3 | 2.8 | 2.7 | 3.2 | 3.1 | 3.3 | 3.1 | 2.1 | 3.7 | 3.8 |
| Price / free cash flow | — | — | 22.4 | 12.7 | — | 23.8 | 15.7 | — | 18.8 | 11.6 |
| Price / operating cash flow | 5.3 | 9.9 | 6.7 | 6.3 | 9.5 | 5.6 | 7.4 | — | 9.3 | 6.3 |
| EV / sales | 1.2 | 1.5 | 1.4 | 1.3 | 1.6 | 1.3 | 1.3 | 1.0 | 1.6 | 1.4 |
| EV / EBITDA | 7.5 | 8.1 | 7.3 | 8.3 | 13.1 | 10.0 | 8.3 | 6.9 | 10.4 | 8.8 |
| EV / free cash flow | — | — | 38.5 | 22.6 | — | 42.3 | 25.0 | — | 27.4 | 17.6 |
| Earnings yield | 9.9% | 7.9% | 9.5% | 7.6% | 3.5% | 3.5% | 4.2% | 6.7% | 6.2% | 5.7% |
| Free cash flow yield | −1.8% | −4.4% | 4.5% | 7.9% | −3.3% | 4.2% | 6.4% | −23.3% | 5.3% | 8.6% |
| Dividend yield | 2.9% | 1.5% | 1.6% | 1.3% | 1.6% | 2.2% | 2.3% | 3.4% | 1.9% | 1.6% |
| Shareholder yield (dividends + buybacks) | 7.0% | 4.2% | 2.6% | 2.0% | 1.8% | 8.8% | 4.9% | 7.1% | 3.4% | 6.0% |
| Share price at fiscal year-end | $15.06 | $27.16 | $24.65 | $22.25 | $19.50 | $16.94 | $16.65 | $10.64 | $15.45 | $12.48 |
| Per share | ||||||||||
| Revenue per share | $29.02 | $28.87 | $30.50 | $30.50 | $24.02 | $23.46 | $20.90 | $19.44 | $14.12 | $13.37 |
| Earnings per share | $1.50 | $2.16 | $2.34 | $1.69 | $0.68 | $0.60 | $0.70 | $0.71 | $0.96 | $0.71 |
| Operating cash flow per share | $2.83 | $2.75 | $3.70 | $3.52 | $2.04 | $3.02 | $2.26 | −$1.21 | $1.66 | $2.00 |
| Free cash flow per share | −$0.27 | −$1.19 | $1.10 | $1.75 | −$0.65 | $0.71 | $1.06 | −$2.48 | $0.82 | $1.08 |
| Cash per share | $0.88 | $0.51 | $0.52 | $0.48 | $0.58 | $0.64 | $0.52 | $0.23 | $0.22 | $0.18 |
| Book value per share | $11.24 | $9.87 | $9.00 | $6.94 | $6.35 | $5.09 | $5.33 | $5.07 | $4.14 | $3.29 |
| Tangible book value per share | $2.02 | $1.15 | −$0.46 | −$1.77 | −$3.33 | −$1.76 | −$1.31 | −$1.22 | −$1.50 | −$2.02 |
| Dividends per share | $0.43 | $0.40 | $0.40 | $0.30 | $0.31 | $0.37 | $0.38 | $0.36 | $0.30 | $0.20 |
| Capex per share | $3.11 | $3.94 | $2.60 | $1.77 | $2.69 | $2.31 | $1.20 | $1.27 | $0.83 | $0.92 |
| Debt per share | $19.76 | $17.88 | $18.19 | $17.78 | $20.34 | $13.83 | $10.40 | $9.54 | $7.29 | $6.69 |
| Shares outstanding | 296.9M | 305.1M | 309.1M | 309.5M | 297.9M | 279.6M | 294.8M | 310.1M | 311.9M | 321.5M |
| Change in shares outstanding | −2.7% | −1.3% | −0.1% | +3.9% | +6.5% | −5.2% | −4.9% | −0.6% | −3.0% | −2.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 14.0% | 22.7% | 29.3% | 25.8% | 12.3% | 11.2% | 13.2% | 15.4% | 25.6% | 21.1% |
| Return on invested capital (ROIC) | 7.7% | 10.3% | 13.1% | 9.9% | 6.4% | 10.9% | 10.0% | 9.9% | 11.3% | 10.5% |
| Return on assets (ROA) | 3.9% | 5.9% | 6.7% | 5.0% | 2.2% | 2.2% | 2.9% | 3.7% | 6.3% | 5.1% |
| Return on tangible assets | 4.9% | 7.8% | 8.8% | 6.8% | 2.7% | 2.8% | 3.9% | 4.4% | 9.7% | 7.9% |
| Free cash flow margin | −0.9% | −4.1% | 3.6% | 5.7% | −2.7% | 3.0% | 5.1% | −12.8% | 5.8% | 8.1% |
| Income quality (OCF / net income) | 1.89 | 1.28 | 1.58 | 2.09 | 2.99 | 5.05 | 3.22 | −1.69 | 1.72 | 2.81 |
| Financial health | ||||||||||
| Total debt | $5.87B | $5.46B | $5.62B | $5.50B | $6.06B | $3.87B | $3.07B | $2.96B | $2.27B | $2.15B |
| Cash & short-term investments | $261.0M | $157.0M | $162.0M | $150.0M | $172.0M | $179.0M | $152.9M | $70.5M | $67.4M | $59.1M |
| Net debt | $5.61B | $5.30B | $5.46B | $5.35B | $5.89B | $3.69B | $2.91B | $2.89B | $2.21B | $2.09B |
| Debt / equity | 1.76 | 1.81 | 2.02 | 2.56 | 3.20 | 2.72 | 1.95 | 1.88 | 1.76 | 2.04 |
| Debt / assets | 0.50 | 0.49 | 0.50 | 0.53 | 0.58 | 0.50 | 0.42 | 0.42 | 0.47 | 0.47 |
| Net debt / EBITDA | 4.18 | 3.17 | 3.05 | 3.65 | 6.58 | 4.38 | 3.10 | 3.20 | 3.28 | 3.02 |
| Current ratio | 1.30 | 1.46 | 1.10 | 1.40 | 1.22 | 1.09 | 1.51 | 1.54 | 1.37 | 1.43 |
| Quick ratio | 0.52 | 0.54 | 0.42 | 0.57 | 0.54 | 0.48 | 0.59 | 0.62 | 0.63 | 0.68 |
| Interest coverage | 3.9 | 5.0 | 5.6 | 5.3 | 4.5 | 4.9 | 4.0 | 3.8 | 4.2 | 5.9 |
| Working capital | $679.0M | $881.0M | $256.0M | $773.0M | $453.0M | $164.0M | $606.9M | $595.3M | $318.5M | $335.1M |
| Invested capital | $8.94B | $8.31B | $8.24B | $7.50B | $7.78B | $5.11B | $4.48B | $4.46B | $3.50B | $3.15B |
| Tangible asset value | $602.0M | $353.0M | −$141.0M | −$546.0M | −$990.0M | −$75.0M | $407.1M | $338.0M | −$467.6M | −$649.1M |
| Net current asset value | −$5.51B | −$5.35B | −$5.55B | −$5.47B | −$6.06B | −$3.94B | −$3.12B | −$2.97B | −$2.40B | −$2.43B |
| Graham number | $19.44 | $21.89 | $21.76 | $16.23 | $9.89 | $8.28 | $9.17 | $9.02 | $9.47 | $7.24 |
| Graham net-net per share | −$22.65 | −$21.40 | −$22.05 | −$21.40 | −$23.87 | −$17.08 | −$13.19 | −$11.98 | −$9.20 | −$8.95 |
| Capital allocation | ||||||||||
| Dividends paid | $128.0M | $122.0M | $123.0M | $92.0M | $92.0M | $102.8M | $112.7M | $111.0M | $93.4M | $64.4M |
| Share buybacks (net) | $184.0M | $225.0M | $76.0M | $46.0M | $15.0M | $315.6M | $128.8M | $123.4M | $72.3M | $176.2M |
| Dividend payout ratio | 28.8% | 18.5% | 17.0% | 17.6% | 45.1% | 61.4% | 54.5% | 50.2% | 31.1% | 28.2% |
| Dividends + buybacks / free cash flow | — | — | 58.5% | 25.5% | — | 209.9% | 77.2% | — | 64.7% | 69.4% |
| Capex / revenue | 10.7% | 13.7% | 8.5% | 5.8% | 11.2% | 9.9% | 5.7% | 6.6% | 5.9% | 6.9% |
| Capex / operating cash flow | 109.6% | 143.2% | 70.3% | 50.4% | 131.7% | 76.4% | 53.0% | — | 50.4% | 45.9% |
| Capex / depreciation | 1.72 | 2.16 | 1.30 | 0.99 | 1.64 | 1.36 | 0.79 | 0.92 | 0.79 | 0.98 |
| Stock-based compensation / revenue | 0.0% | 0.7% | 0.5% | 0.4% | −0.3% | 2.2% | 0.7% | −0.7% | −2.9% | −0.7% |
| R&D / revenue | — | 0.2% | 0.2% | 0.1% | 0.1% | 0.2% | 0.1% | 0.1% | 0.3% | 0.3% |
| SG&A / revenue | 8.2% | 8.8% | 8.5% | 8.2% | 7.4% | 7.8% | 8.3% | 7.7% | 7.8% | 8.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 32.2 | 30.6 | 29.4 | 30.7 | 35.2 | 29.2 | 28.5 | 28.2 | 35.2 | 36.1 |
| Days of inventory on hand | 91.7 | 94.0 | 84.8 | 71.7 | 75.5 | 74.8 | 76.0 | 59.2 | 60.3 | 59.5 |
| Days payables outstanding | 55.8 | 59.2 | 55.9 | 53.9 | 58.5 | 51.8 | 51.4 | 44.1 | 48.7 | 48.3 |
| Cash conversion cycle (days) | 68.0 | 65.3 | 58.3 | 48.6 | 52.2 | 52.1 | 53.1 | 43.4 | 46.8 | 47.4 |
| Receivables turnover | 11.35 | 11.94 | 12.41 | 11.88 | 10.36 | 12.52 | 12.81 | 12.92 | 10.37 | 10.10 |
| Payables turnover | 6.54 | 6.16 | 6.53 | 6.77 | 6.23 | 7.04 | 7.09 | 8.27 | 7.50 | 7.56 |
| Inventory turnover | 3.98 | 3.88 | 4.31 | 5.09 | 4.83 | 4.88 | 4.80 | 6.16 | 6.06 | 6.13 |
| Asset turnover | 0.75 | 0.79 | 0.88 | 0.91 | 0.78 | 0.87 | 0.86 | 1.02 | 0.93 | 0.97 |
| Average receivables | $759.5M | $737.5M | $760.0M | $794.5M | $691.0M | $524.1M | $480.8M | $466.6M | $424.8M | $425.4M |
| Average payables | $1.07B | $1.10B | $1.11B | $1.12B | $975.0M | $770.5M | $713.9M | $614.0M | $491.5M | $462.2M |
| Average inventory | $1.76B | $1.75B | $1.68B | $1.50B | $1.26B | $1.11B | $1.06B | $824.2M | $608.5M | $570.0M |
| Intangibles / total assets | 23.2% | 23.9% | 26.2% | 26.1% | 27.6% | 24.5% | 26.8% | 28.0% | 36.2% | 37.1% |
Computed from GPK's annual financial statements (latest annual report filed March 2, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
GPK valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Graphic Packaging traded at 10.1 times earnings, against a 10-year median of 15.5. Based on the latest twelve months, the trailing P/E is 13.0 and the forward P/E is 8.3. Graphic Packaging earned a return on equity of 14.0% and a return on invested capital of 7.7% in fiscal 2025. It ended the year with $5.9 billion of debt and $261.0 million in cash and short-term investments, net debt of $5.6 billion. It returned $312.0 million to shareholders: $128.0 million in dividends and $184.0 million in share buybacks. The share count fell 7.7% from 321.5M to 296.9M over 9 years.
See the GPK income statement, the GPK chart for price history, or the GPK stock overview for the latest quote and news.
GPK key metrics FAQ
What is Graphic Packaging's P/E ratio?
Graphic Packaging's trailing P/E ratio is 13.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 8.3. At the end of fiscal 2025 it was 10.1, compared with a 10-year median of 15.5.
What is Graphic Packaging's EV/EBITDA?
Graphic Packaging's enterprise value was 7.5 times EBITDA at the end of fiscal 2025 (enterprise value $10.1 billion, EBITDA $1.3 billion); the current EV/EBITDA is 7.8.
What is Graphic Packaging's return on equity?
Graphic Packaging's return on equity (ROE) was 14.0% in fiscal 2025: net income of $444.0 million on average shareholders' equity of $3.2 billion.
What is Graphic Packaging's ROIC?
Graphic Packaging's return on invested capital was 7.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Graphic Packaging have?
Graphic Packaging had total debt of $5.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.76 and $5.6 billion of net debt (4.18 times EBITDA).
What is Graphic Packaging's dividend yield?
Graphic Packaging's forward dividend yield is 5.13%. Graphic Packaging paid $128.0 million in dividends in fiscal 2025 ($0.43 per share), a payout ratio of 28.8%.
Does Graphic Packaging buy back its shares?
Yes. Graphic Packaging spent $184.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.7% over the year, to 296.9M..
What is Graphic Packaging's free cash flow yield?
Graphic Packaging generated -$81.0 million of free cash flow in fiscal 2025, a free cash flow yield of −1.8% on its market value at year-end ($4.5 billion).
What is Graphic Packaging's current ratio?
Graphic Packaging's current ratio was 1.30 at the end of fiscal 2025: current assets were 1.30 times current liabilities.