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Side-by-side financial comparison of Ameren (AEE) and GRAPHIC PACKAGING HOLDING CO (GPK). Click either name above to swap in a different company.

GRAPHIC PACKAGING HOLDING CO is the larger business by last-quarter revenue ($2.1B vs $1.8B, roughly 1.2× Ameren). Ameren runs the higher net margin — 14.2% vs 3.4%, a 10.8% gap on every dollar of revenue. On growth, GRAPHIC PACKAGING HOLDING CO posted the faster year-over-year revenue change (0.2% vs -8.2%). Over the past eight quarters, Ameren's revenue compounded faster (-0.9% CAGR vs -3.5%).

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. It primarily generates electricity through coal, nucle...

Graphic Packaging International is a Fortune 500 corporation based in Atlanta, Georgia, United States. It designs and manufactures packaging solutions for commercial products. GPI manufactures paperboard and folding cartons for a wide range of popular consumer goods, particularly beverages and packaged food. The company operates paperboard mills in Kalamazoo, Michigan; Macon, Georgia; Middletown, Ohio; Prosperity, South Carolina; Texarkana, Texas; and West Monroe, Louisiana, that use recycled...

AEE vs GPK — Head-to-Head

Bigger by revenue
GPK
GPK
1.2× larger
GPK
$2.1B
$1.8B
AEE
Growing faster (revenue YoY)
GPK
GPK
+8.4% gap
GPK
0.2%
-8.2%
AEE
Higher net margin
AEE
AEE
10.8% more per $
AEE
14.2%
3.4%
GPK
Faster 2-yr revenue CAGR
AEE
AEE
Annualised
AEE
-0.9%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AEE
AEE
GPK
GPK
Revenue
$1.8B
$2.1B
Net Profit
$253.0M
$71.0M
Gross Margin
14.1%
Operating Margin
20.2%
7.4%
Net Margin
14.2%
3.4%
Revenue YoY
-8.2%
0.2%
Net Profit YoY
21.6%
-48.6%
EPS (diluted)
$0.92
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AEE
AEE
GPK
GPK
Q4 25
$1.8B
$2.1B
Q3 25
$2.7B
$2.2B
Q2 25
$2.2B
$2.2B
Q1 25
$2.1B
$2.1B
Q4 24
$1.9B
$2.1B
Q3 24
$2.2B
$2.2B
Q2 24
$1.7B
$2.2B
Q1 24
$1.8B
$2.3B
Net Profit
AEE
AEE
GPK
GPK
Q4 25
$253.0M
$71.0M
Q3 25
$641.0M
$142.0M
Q2 25
$277.0M
$104.0M
Q1 25
$290.0M
$127.0M
Q4 24
$208.0M
$138.0M
Q3 24
$457.0M
$165.0M
Q2 24
$260.0M
$190.0M
Q1 24
$262.0M
$165.0M
Gross Margin
AEE
AEE
GPK
GPK
Q4 25
14.1%
Q3 25
19.6%
Q2 25
18.7%
Q1 25
20.6%
Q4 24
21.4%
Q3 24
22.3%
Q2 24
21.2%
Q1 24
23.0%
Operating Margin
AEE
AEE
GPK
GPK
Q4 25
20.2%
7.4%
Q3 25
30.6%
10.7%
Q2 25
18.5%
8.8%
Q1 25
20.5%
10.5%
Q4 24
10.2%
11.4%
Q3 24
27.0%
12.6%
Q2 24
21.3%
14.5%
Q1 24
20.4%
12.4%
Net Margin
AEE
AEE
GPK
GPK
Q4 25
14.2%
3.4%
Q3 25
23.7%
6.5%
Q2 25
12.5%
4.7%
Q1 25
13.8%
6.0%
Q4 24
10.7%
6.6%
Q3 24
21.0%
7.5%
Q2 24
15.4%
8.5%
Q1 24
14.4%
7.3%
EPS (diluted)
AEE
AEE
GPK
GPK
Q4 25
$0.92
$0.24
Q3 25
$2.35
$0.48
Q2 25
$1.01
$0.34
Q1 25
$1.07
$0.42
Q4 24
$0.77
$0.46
Q3 24
$1.70
$0.55
Q2 24
$0.97
$0.62
Q1 24
$0.98
$0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AEE
AEE
GPK
GPK
Cash + ST InvestmentsLiquidity on hand
$13.0M
$261.0M
Total DebtLower is stronger
$19.4B
$5.0B
Stockholders' EquityBook value
$13.4B
$3.3B
Total Assets
$48.5B
$11.8B
Debt / EquityLower = less leverage
1.45×
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEE
AEE
GPK
GPK
Q4 25
$13.0M
$261.0M
Q3 25
$9.0M
$120.0M
Q2 25
$11.0M
$120.0M
Q1 25
$23.0M
$129.0M
Q4 24
$7.0M
$157.0M
Q3 24
$17.0M
$126.0M
Q2 24
$19.0M
$125.0M
Q1 24
$85.0M
$136.0M
Total Debt
AEE
AEE
GPK
GPK
Q4 25
$19.4B
$5.0B
Q3 25
$5.5B
Q2 25
$5.4B
Q1 25
$5.7B
Q4 24
$17.8B
$5.1B
Q3 24
$5.4B
Q2 24
$4.9B
Q1 24
$4.9B
Stockholders' Equity
AEE
AEE
GPK
GPK
Q4 25
$13.4B
$3.3B
Q3 25
$12.8B
$3.3B
Q2 25
$12.3B
$3.2B
Q1 25
$12.2B
$3.2B
Q4 24
$12.1B
$3.0B
Q3 24
$11.8B
$3.0B
Q2 24
$11.5B
$2.8B
Q1 24
$11.4B
$2.9B
Total Assets
AEE
AEE
GPK
GPK
Q4 25
$48.5B
$11.8B
Q3 25
$47.4B
$11.9B
Q2 25
$46.6B
$11.8B
Q1 25
$45.7B
$11.5B
Q4 24
$44.6B
$11.1B
Q3 24
$43.3B
$11.2B
Q2 24
$42.3B
$10.8B
Q1 24
$41.3B
$11.3B
Debt / Equity
AEE
AEE
GPK
GPK
Q4 25
1.45×
1.51×
Q3 25
1.67×
Q2 25
1.68×
Q1 25
1.80×
Q4 24
1.47×
1.71×
Q3 24
1.79×
Q2 24
1.75×
Q1 24
1.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AEE
AEE
GPK
GPK
Operating Cash FlowLast quarter
$956.0M
$521.0M
Free Cash FlowOCF − Capex
$-54.0M
FCF MarginFCF / Revenue
-3.0%
Capex IntensityCapex / Revenue
56.7%
Cash ConversionOCF / Net Profit
3.78×
7.34×
TTM Free Cash FlowTrailing 4 quarters
$-775.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEE
AEE
GPK
GPK
Q4 25
$956.0M
$521.0M
Q3 25
$1.1B
$227.0M
Q2 25
$862.0M
$267.0M
Q1 25
$431.0M
$-174.0M
Q4 24
$817.0M
$489.0M
Q3 24
$897.0M
$187.0M
Q2 24
$557.0M
$161.0M
Q1 24
$492.0M
$3.0M
Free Cash Flow
AEE
AEE
GPK
GPK
Q4 25
$-54.0M
Q3 25
$116.0M
Q2 25
$-204.0M
Q1 25
$-633.0M
Q4 24
$-473.0M
Q3 24
$-240.0M
Q2 24
$-445.0M
Q1 24
$-398.0M
FCF Margin
AEE
AEE
GPK
GPK
Q4 25
-3.0%
Q3 25
4.3%
Q2 25
-9.2%
Q1 25
-30.2%
Q4 24
-24.4%
Q3 24
-11.0%
Q2 24
-26.3%
Q1 24
-21.9%
Capex Intensity
AEE
AEE
GPK
GPK
Q4 25
56.7%
Q3 25
36.6%
Q2 25
48.0%
Q1 25
50.7%
Q4 24
66.5%
Q3 24
52.3%
Q2 24
59.2%
Q1 24
49.0%
Cash Conversion
AEE
AEE
GPK
GPK
Q4 25
3.78×
7.34×
Q3 25
1.72×
1.60×
Q2 25
3.11×
2.57×
Q1 25
1.49×
-1.37×
Q4 24
3.93×
3.54×
Q3 24
1.96×
1.13×
Q2 24
2.14×
0.85×
Q1 24
1.88×
0.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AEE
AEE

Segment breakdown not available.

GPK
GPK

Americas Paperboard Packaging$1.4B68%
Other$667.0M32%

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