Graphic Packaging 2025 net income falls to $444 million from $658 million
Graphic Packaging reported fourth-quarter and full-year 2025 results, with full-year net sales down 2% to $8.6 billion and net income down to $444 million from $658 million. The company guided 2026 Adjusted EBITDA to $1.05 billion to $1.25 billion, compared with $1.395 billion in 2025, and CEO Robbert Rietbroek has initiated a comprehensive review of operations and footprint along with a selective portfolio review.
Key points
- Fourth-quarter 2025 net sales were $2,103 million, flat versus $2,095 million, while net income fell to $71 million ($0.24 per diluted share) from $138 million ($0.46).
- Full-year 2025 net sales were $8,617 million versus $8,807 million; net income was $444 million ($1.48 per diluted share) versus $658 million ($2.16).
- 2026 guidance: Net Sales $8.4 billion to $8.6 billion, Adjusted EBITDA $1.05 billion to $1.25 billion, Adjusted EPS $0.75 to $1.15; Adjusted Free Cash Flow target of $700 million to $800 million was affirmed.
- Full-year 2025 Net Leverage Ratio was 3.8x, up from 3.0x in 2024.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits 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 February 03, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.