Graphic Packaging Holding annual debt-to-equity ratio
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2025
Graphic Packaging Holding Debt-to-Equity Ratio Growth & History (GPK)
Graphic Packaging Holding's debt-to-equity ratio was 1.80 for fiscal 2025.
View full Graphic Packaging Holding company overviewGraphic Packaging Holding annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.80 | −0.06 | −3.17% |
| 2024 | 2024-12-31 | 1.86 | −0.22 | −10.61% |
| 2023 | 2023-12-31 | 2.08 | −0.56 | −21.20% |
| 2022 | 2022-12-31 | 2.64 | −0.64 | −19.56% |
| 2021 | 2021-12-31 | 3.28 | 0.47 | +16.81% |
| 2020 | 2020-12-31 | 2.81 | 0.77 | +37.83% |
| 2019 | 2019-12-31 | 2.04 | 0.09 | +4.54% |
| 2018 | 2018-12-31 | 1.95 | 0.17 | +9.32% |
| 2017 | 2017-12-31 | 1.78 | −0.27 | −13.14% |
| 2016 | 2016-12-31 | 2.05 | 0.35 | +20.53% |
| 2015 | 2015-12-31 | 1.70 | −0.23 | −12.03% |
| 2014 | 2014-12-31 | 1.94 | −0.19 | −8.92% |
| 2013 | 2013-12-31 | 2.13 | −0.28 | −11.52% |
| 2012 | 2012-12-31 | 2.40 | 0.37 | +18.29% |
| 2011 | 2011-12-31 | 2.03 | −1.42 | −41.15% |
| 2010 | 2010-12-31 | 3.45 | — | — |
Graphic Packaging Holding quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.79 | −0.06 | −3.47% |
| Q1 2026 | 2026-03-31 | 1.81 | −0.04 | −2.17% |
| Q4 2025 | 2025-12-31 | 1.80 | −0.06 | −3.17% |
| Q3 2025 | 2025-09-30 | 1.84 | −0.00 | −0.00% |
| Q2 2025 | 2025-06-30 | 1.86 | −0.06 | −3.34% |
| Q1 2025 | 2025-03-31 | 1.85 | −0.19 | −9.21% |
| Q4 2024 | 2024-12-31 | 1.86 | −0.22 | −10.61% |
| Q3 2024 | 2024-09-30 | 1.84 | −0.42 | −18.47% |
| Q2 2024 | 2024-06-30 | 1.92 | −0.39 | −17.04% |
| Q1 2024 | 2024-03-31 | 2.04 | −0.42 | −17.13% |
| Q4 2023 | 2023-12-31 | 2.08 | −0.56 | −21.20% |
| Q3 2023 | 2023-09-30 | 2.26 | −0.63 | −21.85% |
| Q2 2023 | 2023-06-30 | 2.32 | −0.84 | −26.62% |
| Q1 2023 | 2023-03-31 | 2.46 | −0.65 | −20.92% |
| Q4 2022 | 2022-12-31 | 2.64 | −0.64 | −19.56% |
| Q3 2022 · Sep 30 | 2022-09-30 | 2.90 | 0.58 | +25.12% |
| Q2 2022 | 2022-06-30 | 3.16 | 1.01 | +46.89% |
| Q1 2022 | 2022-03-31 | 3.12 | 0.52 | +20.13% |
| Q4 2021 | 2021-12-31 | 3.28 | 0.47 | +16.81% |
| Q3 2021 | 2021-09-30 | 2.31 | −0.37 | −13.83% |
| Q2 2021 | 2021-06-30 | 2.15 | −0.25 | −10.29% |
| Q1 2021 | 2021-03-31 | 2.59 | 0.19 | +8.08% |
| Q4 2020 | 2020-12-31 | 2.81 | 0.77 | +37.83% |
| Q3 2020 | 2020-09-30 | 2.69 | 0.55 | +25.85% |
| Q2 2020 | 2020-06-30 | 2.40 | 0.25 | +11.76% |
| Q1 2020 | 2020-03-31 | 2.40 | 0.15 | +6.78% |
| Q4 2019 | 2019-12-31 | 2.04 | 0.09 | +4.54% |
| Q3 2019 | 2019-09-30 | 2.13 | 0.48 | +28.90% |
| Q2 2019 | 2019-06-30 | 2.14 | 0.39 | +22.20% |
| Q1 2019 | 2019-03-31 | 2.25 | 0.42 | +22.76% |
| Q4 2018 | 2018-12-31 | 1.95 | 0.17 | +9.32% |
| Q3 2018 | 2018-09-30 | 1.66 | −0.38 | −18.60% |
| Q2 2018 | 2018-06-30 | 1.75 | −0.29 | −14.27% |
| Q1 2018 | 2018-03-31 | 1.83 | −0.27 | −12.85% |
| Q4 2017 | 2017-12-31 | 1.78 | −0.27 | −13.14% |
| Q3 2017 | 2017-09-30 | 2.03 | −0.00 | −0.14% |
| Q2 2017 | 2017-06-30 | 2.05 | −0.05 | −2.31% |
| Q1 2017 | 2017-03-31 | 2.10 | 0.01 | +0.34% |
| Q4 2016 | 2016-12-31 | 2.05 | 0.35 | +20.53% |
| Q3 2016 · Sep 30 | 2016-09-30 | 2.04 | 0.23 | +12.64% |
| Q2 2016 | 2016-06-30 | 2.09 | 0.22 | +11.45% |
| Q1 2016 | 2016-03-31 | 2.09 | 0.01 | +0.68% |
| Q4 2015 | 2015-12-31 | 1.70 | −0.23 | −12.03% |
| Q3 2015 | 2015-09-30 | 1.81 | −0.09 | −4.67% |
| Q2 2015 | 2015-06-30 | 1.88 | −0.31 | −14.05% |
| Q1 2015 | 2015-03-31 | 2.08 | 0.05 | +2.55% |
| Q4 2014 | 2014-12-31 | 1.94 | −0.19 | −8.92% |
| Q3 2014 | 2014-09-30 | 1.90 | −0.15 | −7.17% |
| Q2 2014 | 2014-06-30 | 2.19 | −0.07 | −3.14% |
| Q1 2014 | 2014-03-31 | 2.03 | −0.35 | −14.78% |
| Q4 2013 | 2013-12-31 | 2.13 | −0.28 | −11.52% |
| Q3 2013 | 2013-09-30 | 2.04 | 0.50 | +32.72% |
| Q2 2013 | 2013-06-30 | 2.26 | 0.58 | +34.26% |
| Q1 2013 | 2013-03-31 | 2.38 | 0.56 | +30.97% |
| Q4 2012 | 2012-12-31 | 2.40 | 0.37 | +18.29% |
| Q3 2012 | 2012-09-30 | 1.54 | −0.85 | −35.65% |
| Q2 2012 | 2012-06-30 | 1.68 | −0.64 | −27.58% |
| Q1 2012 | 2012-03-31 | 1.82 | — | — |
| Q4 2011 | 2011-12-31 | 2.03 | −1.42 | −41.15% |
| Q3 2011 | 2011-09-30 | 2.39 | — | — |
| Q2 2011 | 2011-06-30 | 2.32 | — | — |
| Q4 2010 | 2010-12-31 | 3.45 | — | — |
Graphic Packaging Holding debt-to-equity ratio trends
Over the last five fiscal years, Graphic Packaging Holding's debt-to-equity ratio decreased from 2.81 to 1.80, a change of −1.01. The latest reported quarter, Q2 2026, shows 1.79.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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