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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and KEMPER Corp (KMPR). 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 $1.1B, roughly 1.9× KEMPER Corp). GRAPHIC PACKAGING HOLDING CO runs the higher net margin — 3.4% vs -0.7%, a 4.1% gap on every dollar of revenue. On growth, GRAPHIC PACKAGING HOLDING CO posted the faster year-over-year revenue change (0.2% vs -4.7%). Over the past eight quarters, KEMPER Corp's revenue compounded faster (-0.5% CAGR vs -3.5%).

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...

Kemper Corporation is an American insurance provider with corporate headquarters located in Chicago, Illinois. With nearly $13 billion in assets, the Kemper family of companies provides insurance to individuals, families, and businesses.

GPK vs KMPR — Head-to-Head

Bigger by revenue
GPK
GPK
1.9× larger
GPK
$2.1B
$1.1B
KMPR
Growing faster (revenue YoY)
GPK
GPK
+4.9% gap
GPK
0.2%
-4.7%
KMPR
Higher net margin
GPK
GPK
4.1% more per $
GPK
3.4%
-0.7%
KMPR
Faster 2-yr revenue CAGR
KMPR
KMPR
Annualised
KMPR
-0.5%
-3.5%
GPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPK
GPK
KMPR
KMPR
Revenue
$2.1B
$1.1B
Net Profit
$71.0M
$-8.0M
Gross Margin
14.1%
Operating Margin
7.4%
Net Margin
3.4%
-0.7%
Revenue YoY
0.2%
-4.7%
Net Profit YoY
-48.6%
-108.2%
EPS (diluted)
$0.24
$-0.03

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
GPK
GPK
KMPR
KMPR
Q4 25
$2.1B
$1.1B
Q3 25
$2.2B
$1.2B
Q2 25
$2.2B
$1.2B
Q1 25
$2.1B
$1.2B
Q4 24
$2.1B
$1.2B
Q3 24
$2.2B
$1.2B
Q2 24
$2.2B
$1.1B
Q1 24
$2.3B
$1.1B
Net Profit
GPK
GPK
KMPR
KMPR
Q4 25
$71.0M
$-8.0M
Q3 25
$142.0M
$-21.0M
Q2 25
$104.0M
$72.6M
Q1 25
$127.0M
$99.7M
Q4 24
$138.0M
$97.4M
Q3 24
$165.0M
$73.7M
Q2 24
$190.0M
$75.4M
Q1 24
$165.0M
$71.3M
Gross Margin
GPK
GPK
KMPR
KMPR
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
GPK
GPK
KMPR
KMPR
Q4 25
7.4%
Q3 25
10.7%
Q2 25
8.8%
Q1 25
10.5%
Q4 24
11.4%
Q3 24
12.6%
11.2%
Q2 24
14.5%
10.1%
Q1 24
12.4%
7.6%
Net Margin
GPK
GPK
KMPR
KMPR
Q4 25
3.4%
-0.7%
Q3 25
6.5%
-1.7%
Q2 25
4.7%
5.9%
Q1 25
6.0%
8.4%
Q4 24
6.6%
8.2%
Q3 24
7.5%
6.3%
Q2 24
8.5%
6.7%
Q1 24
7.3%
6.2%
EPS (diluted)
GPK
GPK
KMPR
KMPR
Q4 25
$0.24
$-0.03
Q3 25
$0.48
$-0.34
Q2 25
$0.34
$1.12
Q1 25
$0.42
$1.54
Q4 24
$0.46
$1.51
Q3 24
$0.55
$1.14
Q2 24
$0.62
$1.16
Q1 24
$0.53
$1.10

Balance Sheet & Financial Strength

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

Metric
GPK
GPK
KMPR
KMPR
Cash + ST InvestmentsLiquidity on hand
$261.0M
Total DebtLower is stronger
$5.0B
$943.5M
Stockholders' EquityBook value
$3.3B
$2.7B
Total Assets
$11.8B
$12.5B
Debt / EquityLower = less leverage
1.51×
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPK
GPK
KMPR
KMPR
Q4 25
$261.0M
Q3 25
$120.0M
$371.2M
Q2 25
$120.0M
$407.6M
Q1 25
$129.0M
$545.3M
Q4 24
$157.0M
$1.0B
Q3 24
$126.0M
$696.9M
Q2 24
$125.0M
$539.1M
Q1 24
$136.0M
$520.7M
Total Debt
GPK
GPK
KMPR
KMPR
Q4 25
$5.0B
$943.5M
Q3 25
$5.5B
$943.1M
Q2 25
$5.4B
$942.6M
Q1 25
$5.7B
$942.1M
Q4 24
$5.1B
$1.4B
Q3 24
$5.4B
$1.4B
Q2 24
$4.9B
$1.4B
Q1 24
$4.9B
$1.4B
Stockholders' Equity
GPK
GPK
KMPR
KMPR
Q4 25
$3.3B
$2.7B
Q3 25
$3.3B
$2.7B
Q2 25
$3.2B
$370.0M
Q1 25
$3.2B
$366.0M
Q4 24
$3.0B
$2.8B
Q3 24
$3.0B
$2.8B
Q2 24
$2.8B
$358.0M
Q1 24
$2.9B
$2.6B
Total Assets
GPK
GPK
KMPR
KMPR
Q4 25
$11.8B
$12.5B
Q3 25
$11.9B
$12.4B
Q2 25
$11.8B
$12.6B
Q1 25
$11.5B
$12.5B
Q4 24
$11.1B
$12.6B
Q3 24
$11.2B
$12.6B
Q2 24
$10.8B
$12.6B
Q1 24
$11.3B
$12.6B
Debt / Equity
GPK
GPK
KMPR
KMPR
Q4 25
1.51×
0.35×
Q3 25
1.67×
0.35×
Q2 25
1.68×
2.55×
Q1 25
1.80×
2.57×
Q4 24
1.71×
0.50×
Q3 24
1.79×
0.50×
Q2 24
1.75×
3.88×
Q1 24
1.73×
0.54×

Cash Flow & Capital Efficiency

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

Metric
GPK
GPK
KMPR
KMPR
Operating Cash FlowLast quarter
$521.0M
$175.0M
Free Cash FlowOCF − Capex
$166.2M
FCF MarginFCF / Revenue
14.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
7.34×
TTM Free Cash FlowTrailing 4 quarters
$553.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPK
GPK
KMPR
KMPR
Q4 25
$521.0M
$175.0M
Q3 25
$227.0M
$139.9M
Q2 25
$267.0M
$89.6M
Q1 25
$-174.0M
$180.0M
Q4 24
$489.0M
$175.1M
Q3 24
$187.0M
$141.9M
Q2 24
$161.0M
$22.9M
Q1 24
$3.0M
$43.0M
Free Cash Flow
GPK
GPK
KMPR
KMPR
Q4 25
$166.2M
Q3 25
$133.4M
Q2 25
$82.0M
Q1 25
$172.3M
Q4 24
$165.4M
Q3 24
$131.4M
Q2 24
$5.2M
Q1 24
$27.7M
FCF Margin
GPK
GPK
KMPR
KMPR
Q4 25
14.7%
Q3 25
10.8%
Q2 25
6.7%
Q1 25
14.4%
Q4 24
13.9%
Q3 24
11.1%
Q2 24
0.5%
Q1 24
2.4%
Capex Intensity
GPK
GPK
KMPR
KMPR
Q4 25
0.8%
Q3 25
0.5%
Q2 25
0.6%
Q1 25
0.6%
Q4 24
0.8%
Q3 24
0.9%
Q2 24
1.6%
Q1 24
1.3%
Cash Conversion
GPK
GPK
KMPR
KMPR
Q4 25
7.34×
Q3 25
1.60×
Q2 25
2.57×
1.23×
Q1 25
-1.37×
1.81×
Q4 24
3.54×
1.80×
Q3 24
1.13×
1.93×
Q2 24
0.85×
0.30×
Q1 24
0.02×
0.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GPK
GPK

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

KMPR
KMPR

Specialty Property Casualty Insurance Segment$995.1M88%
Life Insurance Segment1$140.7M12%

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