Graphic Packaging Holding Company (GPK) quarterly balance sheet — complete assets, liabilities & equity history
Graphic Packaging Holding Company (GPK) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 3.01B | 2.96B | 2.92B | 3.01B | 2.97B | 2.95B | 2.78B | 2.99B | 2.84B | 2.92B | 2.85B | 2.86B | 2.9B | 2.81B | 2.71B | 2.64B | 2.68B | 2.66B | 2.5B | 1.97B |
| Cash & Short-Term Investments | 205M | 189M | 261M | 120M | 120M | 129M | 157M | 126M | 125M | 136M | 162M | 146M | 125M | 113M | 150M | 82M | 108M | 111M | 172M | 67M |
| Cash Only | 205M | 189M | 261M | 120M | 120M | 129M | 157M | 126M | 125M | 136M | 162M | 146M | 125M | 113M | 150M | 82M | 108M | 111M | 172M | 67M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 951M | 861M | 760M | 908M | 866M | 863M | 759M | 971M | 875M | 878M | 835M | 881M | 933M | 915M | 804M | 888M | 950M | 945M | 785M | 643M |
| Days Sales Outstanding | 37.68 | 33.83 | 36.48 | 37.26 | 35.69 | 34.43 | 37.99 | 38.32 | 35.66 | 34.5 | 35.1 | 35.52 | 35.15 | 31.73 | 32.62 | 34.5 | 36.57 | 34.68 | 33.04 | 31.91 |
| Inventory | 1.69B | 1.72B | 1.77B | 1.78B | 1.8B | 1.81B | 1.75B | 1.75B | 1.7B | 1.7B | 1.75B | 1.74B | 1.73B | 1.7B | 1.61B | 1.56B | 1.53B | 1.5B | 1.39B | 1.18B |
| Days Inventory Outstanding | 81.81 | 84.65 | 90.75 | 94.15 | 92.46 | 96.14 | 98.77 | 92.78 | 88.17 | 91.64 | 92.56 | 89.42 | 84.47 | 79.77 | 76.95 | 73.25 | 72.08 | 70.17 | 69.28 | 70.06 |
| Other Current Assets | 165M | 187M | 136M | 201M | 177M | 148M | 114M | 145M | 141M | 192M | 94M | 90M | 114M | 84M | 146M | 108M | 93M | 97M | 158M | 78M |
| Total Non-Current Assets | 8.65B | 8.73B | 8.85B | 8.86B | 8.83B | 8.54B | 8.36B | 8.24B | 7.99B | 8.43B | 8.33B | 8.05B | 7.84B | 7.79B | 7.62B | 7.54B | 7.71B | 7.89B | 7.96B | 6.32B |
| Property, Plant & Equipment | 5.53B | 5.58B | 5.67B | 5.66B | 5.6B | 5.38B | 5.26B | 5.03B | 4.83B | 4.68B | 5.22B | 4.8B | 4.75B | 4.68B | 4.82B | 4.51B | 4.6B | 4.67B | 4.93B | 4.02B |
| Fixed Asset Turnover | 0.39x | 0.38x | 0.37x | 0.39x | 0.40x | 0.40x | 0.41x | 0.45x | 0.47x | 0.46x | 0.45x | 0.49x | 0.51x | 0.51x | 0.51x | 0.54x | 0.51x | 0.47x | 0.44x | 0.46x |
| Goodwill | 2.05B | 2.05B | 2.06B | 2.06B | 2.06B | 2.02B | 1.99B | 2.03B | 2.01B | 2.01B | 2.1B | 2.07B | 2.05B | 2.05B | 1.98B | 1.94B | 1.97B | 2.01B | 2.02B | 1.54B |
| Intangible Assets | 626M | 644M | 670M | 683M | 698M | 673M | 667M | 714M | 722M | 746M | 820M | 819M | 693M | 710M | 717M | 738M | 788M | 831M | 868M | 446M |
| Long-Term Investments | 0 | 0 | 0 | 2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 442M | 458M | 448M | 453M | 468M | 462M | 442M | 465M | 426M | 985M | -544M | -322M | 344M | 346M | 102M | 351M | 350M | 374M | 137M | 314M |
| Total Assets | 11.66B | 11.69B | 11.78B | 11.88B | 11.79B | 11.5B | 11.14B | 11.23B | 10.83B | 11.35B | 11.18B | 10.9B | 10.74B | 10.6B | 10.33B | 10.18B | 10.4B | 10.54B | 10.46B | 8.29B |
| Asset Turnover | 0.19x | 0.18x | 0.18x | 0.19x | 0.19x | 0.19x | 0.19x | 0.20x | 0.20x | 0.20x | 0.20x | 0.22x | 0.22x | 0.23x | 0.23x | 0.24x | 0.23x | 0.21x | 0.21x | 0.22x |
| Asset Growth % | -1.14% | 1.68% | 5.66% | 5.76% | 8.93% | 1.3% | -0.28% | 2.99% | 0.83% | 7.08% | 8.2% | 7.1% | 3.29% | 0.53% | -1.23% | 22.85% | 32.58% | 36.09% | 33.98% | 7.89% |
| Total Current Liabilities | 2.18B | 2.1B | 2.24B | 1.95B | 2.07B | 1.57B | 1.9B | 1.73B | 1.96B | 2.37B | 2.59B | 2.44B | 2.14B | 1.74B | 1.93B | 2.03B | 2.01B | 1.95B | 2.05B | 1.5B |
| Accounts Payable | 955M | 895M | 1.03B | 857M | 977M | 910M | 1.12B | 937M | 973M | 940M | 1.09B | 944M | 996M | 1.01B | 1.12B | 999M | 1.01B | 1.03B | 1.13B | 890M |
| Days Payables Outstanding | 44.4 | 46.7 | 48.15 | 48.1 | 48.21 | 54.59 | 57.9 | 51.41 | 49.6 | 53.93 | 53.97 | 49.99 | 49.39 | 51.44 | 51.51 | 47.47 | 48.32 | 52.26 | 54.36 | 52.93 |
| Short-Term Debt | 552M | 542M | 542M | 440M | 436M | 35M | 102M | 25M | 320M | 749M | 757M | 754M | 454M | 46M | 42M | 290M | 283M | 277M | 272M | 24M |
| Deferred Revenue (Current) | 0 | 0 | 23M | 0 | 0 | 0 | 35M | 0 | 0 | 0 | 30M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 389M | 203M | 199M | 10M | 10M | 18M | 459M | 27M | 4M | 184M | -46M | 4M | 22M | 178M | 135M | 0 | 0 | 0 | 109M | 0 |
| Current Ratio | 1.38x | 1.41x | 1.30x | 1.54x | 1.43x | 1.88x | 1.46x | 1.73x | 1.45x | 1.24x | 1.10x | 1.17x | 1.36x | 1.62x | 1.40x | 1.30x | 1.34x | 1.37x | 1.22x | 1.31x |
| Quick Ratio | 0.60x | 0.59x | 0.52x | 0.63x | 0.56x | 0.73x | 0.54x | 0.72x | 0.58x | 0.52x | 0.42x | 0.46x | 0.55x | 0.64x | 0.57x | 0.53x | 0.57x | 0.59x | 0.54x | 0.53x |
| Cash Conversion Cycle | 75.09 | 71.79 | 79.09 | 83.31 | 79.94 | 75.98 | 78.85 | 79.69 | 74.23 | 72.21 | 73.68 | 74.95 | 70.23 | 60.06 | 58.06 | 60.27 | 60.32 | 52.59 | 47.96 | 49.04 |
| Total Non-Current Liabilities | 6.24B | 6.34B | 6.19B | 6.64B | 6.5B | 6.77B | 6.23B | 6.49B | 6.05B | 6.13B | 5.8B | 5.93B | 6.15B | 6.55B | 6.25B | 6.19B | 6.5B | 6.65B | 6.51B | 4.93B |
| Long-Term Debt | 5.12B | 5.2B | 5.02B | 5.33B | 5.29B | 5.57B | 5.01B | 5.26B | 4.82B | 4.79B | 4.46B | 4.67B | 4.89B | 5.31B | 5.04B | 5.03B | 5.34B | 5.5B | 5.38B | 4B |
| Capital Lease Obligations | 137M | 0 | 0 | 142M | 137M | 137M | 347M | 142M | 141M | 142M | 343M | 154M | 156M | 157M | 343M | 168M | 169M | 143M | 332M | 136M |
| Deferred Tax Liabilities | 681M | 675M | 688M | 698M | 0 | 0 | 613M | 0 | 0 | 714M | 731M | 679M | 0 | 697M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 306M | 466M | 484M | 471M | 1.08B | 1.06B | 261M | 1.08B | 1.09B | 481M | 267M | 426M | 1.11B | 394M | 861M | 997M | 991M | 1B | 807M | 803M |
| Total Liabilities | 8.42B | 8.44B | 8.44B | 8.59B | 8.58B | 8.34B | 8.13B | 8.22B | 8.02B | 8.49B | 8.39B | 8.36B | 8.29B | 8.29B | 8.18B | 8.22B | 8.51B | 8.59B | 8.56B | 6.43B |
| Total Debt | 5.81B | 5.75B | 5.64B | 5.92B | 5.87B | 5.75B | 5.46B | 5.44B | 5.29B | 5.69B | 5.62B | 5.58B | 5.51B | 5.52B | 5.5B | 5.5B | 5.8B | 5.93B | 6.06B | 4.16B |
| Net Debt | 5.61B | 5.56B | 5.38B | 5.8B | 5.75B | 5.62B | 5.3B | 5.31B | 5.17B | 5.55B | 5.46B | 5.44B | 5.38B | 5.41B | 5.35B | 5.41B | 5.69B | 5.82B | 5.89B | 4.09B |
| Debt / Equity | 1.80x | 1.77x | 1.69x | 1.80x | 1.82x | 1.82x | 1.81x | 1.81x | 1.88x | 1.99x | 2.02x | 2.20x | 2.25x | 2.39x | 2.56x | 2.81x | 3.06x | 3.04x | 3.20x | 2.24x |
| Debt / EBITDA | 61.82x | 25.45x | 18.49x | 15.45x | 16.97x | 15.49x | 13.47x | 12.22x | 13.19x | 12.50x | 11.69x | 11.54x | 11.27x | 11.17x | 13.55x | 12.93x | 15.02x | 16.99x | 22.28x | 15.00x |
| Net Debt / EBITDA | 59.64x | 24.62x | 17.63x | 15.14x | 16.62x | 15.14x | 13.08x | 11.94x | 12.88x | 12.20x | 11.36x | 11.23x | 11.01x | 10.95x | 13.18x | 12.74x | 14.74x | 16.68x | 21.65x | 14.76x |
| Interest Coverage | 1.38x | 0.30x | 2.42x | 4.43x | 3.64x | 4.33x | 4.49x | 4.78x | 5.40x | 4.71x | 4.92x | 4.63x | 4.47x | 5.67x | 4.98x | 5.57x | 3.19x | 4.64x | 2.34x | 4.17x |
| Total Equity | 3.24B | 3.25B | 3.34B | 3.29B | 3.22B | 3.16B | 3.01B | 3.01B | 2.81B | 2.86B | 2.78B | 2.54B | 2.45B | 2.31B | 2.15B | 1.96B | 1.89B | 1.95B | 1.89B | 1.85B |
| Equity Growth % | 0.56% | 2.85% | 10.75% | 9.13% | 14.43% | 10.5% | 8.3% | 18.5% | 14.82% | 23.72% | 29.4% | 29.78% | 29.49% | 18.4% | 13.58% | 5.61% | 4.3% | 12.32% | 2.88% | 1.1% |
| Book Value per Share | 10.91 | 10.95 | 11.24 | 11.04 | 10.67 | 10.42 | 9.95 | 9.95 | 9.17 | 9.25 | 9.02 | 8.22 | 7.93 | 7.46 | 6.95 | 6.32 | 6.11 | 6.30 | 6.12 | 6.00 |
| Total Shareholders' Equity | 3.24B | 3.25B | 3.34B | 3.29B | 3.22B | 3.16B | 3.01B | 3.01B | 2.81B | 2.86B | 2.78B | 2.54B | 2.45B | 2.31B | 2.15B | 1.96B | 1.89B | 1.95B | 1.89B | 1.85B |
| Common Stock | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M |
| Retained Earnings | 1.53B | 1.54B | 1.61B | 1.57B | 1.49B | 1.5B | 1.41B | 1.3B | 1.17B | 1.16B | 1.03B | 876M | 743M | 623M | 469M | 346M | 188M | 150M | 66M | 51M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | - | - | - | - | - |
| Accumulated OCI | -291M | -284M | -262M | -272M | -269M | -373M | -455M | -338M | -389M | -371M | -313M | -399M | -349M | -358M | -377M | -439M | -345M | -242M | -224M | -232M |
| Minority Interest | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 2M | 1M | 1M | 1M | 2M | 1M | 2M | 1M | 2M | 2M | 2M | 2M | 0 |