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Side-by-side financial comparison of Evergy (EVRG) 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 $1.3B, roughly 1.6× Evergy). Evergy runs the higher net margin — 6.5% vs 3.4%, a 3.1% gap on every dollar of revenue. On growth, Evergy posted the faster year-over-year revenue change (5.3% vs 0.2%). Over the past eight quarters, Evergy's revenue compounded faster (0.4% CAGR vs -3.5%).

Evergy, Inc. is an American investor-owned utility (IOU) with publicly traded stock with headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1.7 million residential, commercial and industrial customers in Kansas and Missouri.

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...

EVRG vs GPK — Head-to-Head

Bigger by revenue
GPK
GPK
1.6× larger
GPK
$2.1B
$1.3B
EVRG
Growing faster (revenue YoY)
EVRG
EVRG
+5.1% gap
EVRG
5.3%
0.2%
GPK
Higher net margin
EVRG
EVRG
3.1% more per $
EVRG
6.5%
3.4%
GPK
Faster 2-yr revenue CAGR
EVRG
EVRG
Annualised
EVRG
0.4%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EVRG
EVRG
GPK
GPK
Revenue
$1.3B
$2.1B
Net Profit
$84.3M
$71.0M
Gross Margin
14.1%
Operating Margin
18.5%
7.4%
Net Margin
6.5%
3.4%
Revenue YoY
5.3%
0.2%
Net Profit YoY
7.8%
-48.6%
EPS (diluted)
$0.35
$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
EVRG
EVRG
GPK
GPK
Q4 25
$1.3B
$2.1B
Q3 25
$1.8B
$2.2B
Q2 25
$1.4B
$2.2B
Q1 25
$1.3B
$2.1B
Q4 24
$1.2B
$2.1B
Q3 24
$1.8B
$2.2B
Q2 24
$1.4B
$2.2B
Q1 24
$1.3B
$2.3B
Net Profit
EVRG
EVRG
GPK
GPK
Q4 25
$84.3M
$71.0M
Q3 25
$475.0M
$142.0M
Q2 25
$171.3M
$104.0M
Q1 25
$125.0M
$127.0M
Q4 24
$78.2M
$138.0M
Q3 24
$465.6M
$165.0M
Q2 24
$207.0M
$190.0M
Q1 24
$122.7M
$165.0M
Gross Margin
EVRG
EVRG
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
EVRG
EVRG
GPK
GPK
Q4 25
18.5%
7.4%
Q3 25
37.3%
10.7%
Q2 25
25.4%
8.8%
Q1 25
22.5%
10.5%
Q4 24
18.1%
11.4%
Q3 24
35.1%
12.6%
Q2 24
25.4%
14.5%
Q1 24
20.3%
12.4%
Net Margin
EVRG
EVRG
GPK
GPK
Q4 25
6.5%
3.4%
Q3 25
26.9%
6.5%
Q2 25
12.6%
4.7%
Q1 25
9.7%
6.0%
Q4 24
6.4%
6.6%
Q3 24
26.0%
7.5%
Q2 24
14.7%
8.5%
Q1 24
9.6%
7.3%
EPS (diluted)
EVRG
EVRG
GPK
GPK
Q4 25
$0.35
$0.24
Q3 25
$2.03
$0.48
Q2 25
$0.74
$0.34
Q1 25
$0.54
$0.42
Q4 24
$0.34
$0.46
Q3 24
$2.02
$0.55
Q2 24
$0.90
$0.62
Q1 24
$0.53
$0.53

Balance Sheet & Financial Strength

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

Metric
EVRG
EVRG
GPK
GPK
Cash + ST InvestmentsLiquidity on hand
$19.8M
$261.0M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$10.2B
$3.3B
Total Assets
$33.9B
$11.8B
Debt / EquityLower = less leverage
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVRG
EVRG
GPK
GPK
Q4 25
$19.8M
$261.0M
Q3 25
$27.5M
$120.0M
Q2 25
$27.8M
$120.0M
Q1 25
$35.3M
$129.0M
Q4 24
$22.0M
$157.0M
Q3 24
$34.6M
$126.0M
Q2 24
$26.1M
$125.0M
Q1 24
$63.7M
$136.0M
Total Debt
EVRG
EVRG
GPK
GPK
Q4 25
$5.0B
Q3 25
$5.5B
Q2 25
$5.4B
Q1 25
$5.7B
Q4 24
$5.1B
Q3 24
$5.4B
Q2 24
$4.9B
Q1 24
$4.9B
Stockholders' Equity
EVRG
EVRG
GPK
GPK
Q4 25
$10.2B
$3.3B
Q3 25
$10.3B
$3.3B
Q2 25
$10.0B
$3.2B
Q1 25
$9.9B
$3.2B
Q4 24
$10.0B
$3.0B
Q3 24
$10.0B
$3.0B
Q2 24
$9.7B
$2.8B
Q1 24
$9.6B
$2.9B
Total Assets
EVRG
EVRG
GPK
GPK
Q4 25
$33.9B
$11.8B
Q3 25
$33.4B
$11.9B
Q2 25
$32.9B
$11.8B
Q1 25
$32.5B
$11.5B
Q4 24
$32.3B
$11.1B
Q3 24
$32.1B
$11.2B
Q2 24
$31.8B
$10.8B
Q1 24
$31.3B
$11.3B
Debt / Equity
EVRG
EVRG
GPK
GPK
Q4 25
1.51×
Q3 25
1.67×
Q2 25
1.68×
Q1 25
1.80×
Q4 24
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
EVRG
EVRG
GPK
GPK
Operating Cash FlowLast quarter
$334.0M
$521.0M
Free Cash FlowOCF − Capex
$-530.5M
FCF MarginFCF / Revenue
-41.1%
Capex IntensityCapex / Revenue
66.9%
Cash ConversionOCF / Net Profit
3.96×
7.34×
TTM Free Cash FlowTrailing 4 quarters
$-751.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVRG
EVRG
GPK
GPK
Q4 25
$334.0M
$521.0M
Q3 25
$937.7M
$227.0M
Q2 25
$323.9M
$267.0M
Q1 25
$449.6M
$-174.0M
Q4 24
$395.6M
$489.0M
Q3 24
$953.3M
$187.0M
Q2 24
$317.5M
$161.0M
Q1 24
$317.3M
$3.0M
Free Cash Flow
EVRG
EVRG
GPK
GPK
Q4 25
$-530.5M
Q3 25
$225.4M
Q2 25
$-303.4M
Q1 25
$-143.2M
Q4 24
$-118.6M
Q3 24
$427.0M
Q2 24
$-360.0M
Q1 24
$-301.3M
FCF Margin
EVRG
EVRG
GPK
GPK
Q4 25
-41.1%
Q3 25
12.8%
Q2 25
-22.4%
Q1 25
-11.1%
Q4 24
-9.7%
Q3 24
23.9%
Q2 24
-25.6%
Q1 24
-23.5%
Capex Intensity
EVRG
EVRG
GPK
GPK
Q4 25
66.9%
Q3 25
40.4%
Q2 25
46.3%
Q1 25
45.8%
Q4 24
41.9%
Q3 24
29.4%
Q2 24
48.1%
Q1 24
48.3%
Cash Conversion
EVRG
EVRG
GPK
GPK
Q4 25
3.96×
7.34×
Q3 25
1.97×
1.60×
Q2 25
1.89×
2.57×
Q1 25
3.60×
-1.37×
Q4 24
5.06×
3.54×
Q3 24
2.05×
1.13×
Q2 24
1.53×
0.85×
Q1 24
2.59×
0.02×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EVRG
EVRG

Electric Utility Customer Class Residential$462.9M36%
Electric Utility Customer Class Commercial$447.6M35%
Electric Utility Customer Class Industrial$164.1M13%
Electric Utility Customer Class Transmission$129.4M10%
Electric Utility Customer Class Wholesale$69.7M5%
Electric Utility Customer Class Other Retail$12.2M1%
Electric Utility Customer Class Industrial Steam$5.7M0%

GPK
GPK

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

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