Graphic Packaging Q2 net income falls to $104 million; net sales down 1%
Graphic Packaging reported second quarter 2025 results on July 29, 2025. Net sales fell 1% to $2,204 million, and net income dropped to $104 million, or $0.34 per diluted share, from $190 million, or $0.62, a year earlier. The company also issued updated full-year 2025 guidance, which reflects first-half results and a narrower, modestly higher second-half sales outlook.
Key points
- Second quarter Adjusted EBITDA was $336 million, versus $402 million a year earlier; Adjusted EBITDA margin was 15.3%, versus 18.0%.
- Full-year 2025 guidance: net sales $8.4 billion to $8.6 billion, Adjusted EBITDA $1.45 billion to $1.55 billion, Adjusted EPS $1.90 to $2.20.
- Net leverage ratio was 3.7x at June 30, 2025, versus 3.0x at December 31, 2024; 2025 capital spending is expected to be about $850 million.
- During the second quarter, the company repurchased about 5.0 million shares for $111 million.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.