Graphic Packaging Holding Company (GPK)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 723,000 | 522,000 | 204,000 | 167,000 | 207,000 |
| Revenue | US$ in thousands | 9,428,000 | 9,440,000 | 7,156,000 | 6,560,000 | 6,160,000 |
| Net profit margin | 7.67% | 5.53% | 2.85% | 2.55% | 3.36% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $723,000K ÷ $9,428,000K
= 7.67%
Graphic Packaging Holding Co has shown an improving trend in its net profit margin over the past five years. The net profit margin increased from 3.36% in 2019 to 7.67% in 2023, indicating an enhancement in the company's ability to convert revenue into profit. This upward trajectory suggests efficient cost management, increased revenue generation, or a combination of both. The steady growth in net profit margin reflects positively on the company's profitability and potential for generating returns for its shareholders. Overall, the consistent improvement in net profit margin demonstrates Graphic Packaging Holding Co's ability to enhance operational efficiency and drive sustainable profitability over time.
Peer comparison
Dec 31, 2023