Graphic Packaging Holding (GPK) Change in Working Capital (2010 - 2026)
Graphic Packaging Holding's Change in Working Capital came in at $26 million for Q2 2026, compared with -$40 million a year earlier and down 89.9% from the prior quarter.
Graphic Packaging Holding (GPK) Change in Working Capital (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Graphic Packaging Holding reported Change in Working Capital of $93 million, down 70.6% year-over-year; for FY2025, it came in at $213 million, down 20.8% from FY2024.
- Change in Working Capital carries a five-year compound annual growth rate of 62.2% (FY2020 to FY2025).
- Going back by year, Change in Working Capital was $269 million in FY2024 (-12.7%), $308 million in FY2023 (+41.3%), $218 million in FY2022 (-4.8%) and $229 million in FY2021.
- The five-year range for quarterly Change in Working Capital is -$307 million (Q4 2025) to $444 million (Q1 2025).
- The fastest year-over-year change in Change in Working Capital over five years came in Q1 2022 (growth of 65.5%), and the weakest in Q2 2024 (a decline of 57.5%).
- Business Quant data shows GPK's Change in Working Capital at $258 million (Q1 2026), -$307 million (Q4 2025) and $116 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.14 Bn | 20.07 Bn | 1.40 Bn | - |
| 2 | International Paper | 20.80 Bn | 16.70 Bn | 1.66 Bn | - |
| 3 | Packaging Corp Of America | 20.43 Bn | 17.97 Bn | 512.50 Mn | - |
| 4 | Amcor | 19.35 Bn | 14.78 Bn | 1.34 Bn | - |
| 5 | Ball | 14.84 Bn | 11.86 Bn | 697.00 Mn | -139.00 Mn |
| 6 | Crown Holdings | 11.46 Bn | 8.79 Bn | 748.00 Mn | -305.00 Mn |
| 7 | Sonoco Products | 4.83 Bn | 3.83 Bn | 392.38 Mn | - |
| 8 | Silgan Holdings | 3.67 Bn | 1.41 Bn | 294.88 Mn | - |
| 9 | Graphic Packaging Holding | 2.68 Bn | 1.91 Bn | 292.00 Mn | 26.00 Mn |
| 10 | Ardagh Metal Packaging | 2.59 Bn | 2.60 Bn | 238.00 Mn | -166.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.00 Mn |
| Mar 31, 2026 | 258.00 Mn |
| Dec 31, 2025 | -307.00 Mn |
| Sep 30, 2025 | 116.00 Mn |
| Jun 30, 2025 | -40.00 Mn |
| Mar 31, 2025 | 444.00 Mn |
| Dec 31, 2024 | -175.00 Mn |
| Sep 30, 2024 | 87.00 Mn |
| Jun 30, 2024 | 48.00 Mn |
| Mar 31, 2024 | 309.00 Mn |
| Dec 31, 2023 | -78.00 Mn |
| Sep 30, 2023 | -64.00 Mn |
| Jun 30, 2023 | 113.00 Mn |
| Mar 31, 2023 | 337.00 Mn |
| Dec 31, 2022 | -129.00 Mn |
| Sep 30, 2022 | 38.00 Mn |
| Jun 30, 2022 | 69.00 Mn |
| Mar 31, 2022 | 240.00 Mn |
| Dec 31, 2021 | 54.00 Mn |
| Sep 30, 2021 | 72.00 Mn |
Graphic Packaging Holding Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=GPK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "GPK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=GPK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();