Flagship explainer

How Graphic Packaging Holding Co makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$8.6B · 100%Cost of revenue$7.0B · 82%Gross profit$1.6B · 18%Operating income$804M · 9%Income before tax$582M · 7%Income tax$139M · 2%Net income$444M · 5%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$8.6B100%
Cost of revenue$7.0B82%
$1.6B18%
$804M9%
Income before tax$582M7%
Income tax$139M2%
$444M5%
Source: · event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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