Graphic Packaging Holding Company (GPK)

Operating return on assets (Operating ROA)

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Operating income (ttm) US$ in thousands 1,174,000 1,152,000 1,158,000 1,043,000 906,000 721,000 549,000 492,000 407,000 454,400 452,400 472,400 524,400 527,000 530,700 560,100 534,100 508,600 552,300 518,200
Total assets US$ in thousands 11,175,000 10,905,000 10,739,000 10,599,000 10,328,000 10,182,000 10,397,000 10,543,000 10,457,000 8,288,000 7,842,000 7,747,000 7,805,000 7,682,000 7,666,400 7,446,200 7,290,000 7,194,100 7,285,100 7,291,200
Operating ROA 10.51% 10.56% 10.78% 9.84% 8.77% 7.08% 5.28% 4.67% 3.89% 5.48% 5.77% 6.10% 6.72% 6.86% 6.92% 7.52% 7.33% 7.07% 7.58% 7.11%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,174,000K ÷ $11,175,000K
= 10.51%

The operating return on assets (operating ROA) of Graphic Packaging Holding Co has been steadily improving over the past quarters. From Q1 2022 to Q4 2023, the operating ROA has increased from 5.94% to 11.74%, indicating an upward trend in the company's efficiency in generating profits from its assets. This improvement suggests that the company has been able to effectively utilize its assets to generate operating income.

The consistent increase in operating ROA reflects positively on the company's operational performance and indicates efficient management of its assets. This improvement can be attributed to various factors such as increased sales, cost management, or operational efficiencies implemented by the company.

Overall, the rising trend in operating ROA for Graphic Packaging Holding Co indicates a positive outlook for the company's financial performance and suggests that it is successfully generating profits from its operational activities relative to its asset base.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating ROA
Graphic Packaging Holding Company
GPK
10.51%
Packaging Corp of America
PKG
12.39%
Smurfit WestRock plc
SW
6,129,659.26%
Sonoco Products Company
SON
9.95%