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Side-by-side financial comparison of GRAPHIC PACKAGING HOLDING CO (GPK) and OLD REPUBLIC INTERNATIONAL CORP (ORI). Click either name above to swap in a different company.
OLD REPUBLIC INTERNATIONAL CORP is the larger business by last-quarter revenue ($2.4B vs $2.1B, roughly 1.1× GRAPHIC PACKAGING HOLDING CO). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs 3.4%, a 10.4% gap on every dollar of revenue. On growth, OLD REPUBLIC INTERNATIONAL CORP posted the faster year-over-year revenue change (6.7% vs 0.2%). Over the past eight quarters, OLD REPUBLIC INTERNATIONAL CORP's revenue compounded faster (13.2% 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...
Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.
GPK vs ORI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $2.4B |
| Net Profit | $71.0M | $330.0M |
| Gross Margin | 14.1% | — |
| Operating Margin | 7.4% | — |
| Net Margin | 3.4% | 13.8% |
| Revenue YoY | 0.2% | 6.7% |
| Net Profit YoY | -48.6% | 34.7% |
| EPS (diluted) | $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.
| Q1 26 | — | $2.4B | ||
| Q4 25 | $2.1B | $2.4B | ||
| Q3 25 | $2.2B | $2.4B | ||
| Q2 25 | $2.2B | $2.2B | ||
| Q1 25 | $2.1B | $2.1B | ||
| Q4 24 | $2.1B | $2.0B | ||
| Q3 24 | $2.2B | $2.3B | ||
| Q2 24 | $2.2B | $1.9B |
| Q1 26 | — | $330.0M | ||
| Q4 25 | $71.0M | $206.5M | ||
| Q3 25 | $142.0M | $279.5M | ||
| Q2 25 | $104.0M | $204.4M | ||
| Q1 25 | $127.0M | $245.0M | ||
| Q4 24 | $138.0M | $105.3M | ||
| Q3 24 | $165.0M | $338.9M | ||
| Q2 24 | $190.0M | $91.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 7.4% | — | ||
| Q3 25 | 10.7% | 14.6% | ||
| Q2 25 | 8.8% | 11.8% | ||
| Q1 25 | 10.5% | 14.6% | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 12.6% | 18.2% | ||
| Q2 24 | 14.5% | 6.1% |
| Q1 26 | — | 13.8% | ||
| Q4 25 | 3.4% | 8.6% | ||
| Q3 25 | 6.5% | 11.5% | ||
| Q2 25 | 4.7% | 9.3% | ||
| Q1 25 | 6.0% | 11.6% | ||
| Q4 24 | 6.6% | 5.3% | ||
| Q3 24 | 7.5% | 14.5% | ||
| Q2 24 | 8.5% | 4.9% |
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $0.82 | ||
| Q3 25 | $0.48 | $1.11 | ||
| Q2 25 | $0.34 | $0.81 | ||
| Q1 25 | $0.42 | $0.98 | ||
| Q4 24 | $0.46 | $0.42 | ||
| Q3 24 | $0.55 | $1.32 | ||
| Q2 24 | $0.62 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $261.0M | — |
| Total DebtLower is stronger | $5.0B | — |
| Stockholders' EquityBook value | $3.3B | $5.9M |
| Total Assets | $11.8B | $29.6M |
| Debt / EquityLower = less leverage | 1.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $261.0M | — | ||
| Q3 25 | $120.0M | — | ||
| Q2 25 | $120.0M | — | ||
| Q1 25 | $129.0M | — | ||
| Q4 24 | $157.0M | — | ||
| Q3 24 | $126.0M | — | ||
| Q2 24 | $125.0M | — |
| Q1 26 | — | — | ||
| 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 26 | — | $5.9M | ||
| Q4 25 | $3.3B | $5.9B | ||
| Q3 25 | $3.3B | $6.4B | ||
| Q2 25 | $3.2B | $6.2B | ||
| Q1 25 | $3.2B | $5.9B | ||
| Q4 24 | $3.0B | $5.6B | ||
| Q3 24 | $3.0B | $6.4B | ||
| Q2 24 | $2.8B | $6.0B |
| Q1 26 | — | $29.6M | ||
| Q4 25 | $11.8B | $29.9B | ||
| Q3 25 | $11.9B | $30.3B | ||
| Q2 25 | $11.8B | $29.3B | ||
| Q1 25 | $11.5B | $28.0B | ||
| Q4 24 | $11.1B | $27.8B | ||
| Q3 24 | $11.2B | $28.8B | ||
| Q2 24 | $10.8B | $27.5B |
| Q1 26 | — | — | ||
| 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× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $521.0M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 7.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $521.0M | $234.9M | ||
| Q3 25 | $227.0M | $563.9M | ||
| Q2 25 | $267.0M | $133.8M | ||
| Q1 25 | $-174.0M | $231.7M | ||
| Q4 24 | $489.0M | $361.7M | ||
| Q3 24 | $187.0M | $474.8M | ||
| Q2 24 | $161.0M | $236.5M |
| Q1 26 | — | — | ||
| Q4 25 | 7.34× | 1.14× | ||
| Q3 25 | 1.60× | 2.02× | ||
| Q2 25 | 2.57× | 0.65× | ||
| Q1 25 | -1.37× | 0.95× | ||
| Q4 24 | 3.54× | 3.43× | ||
| Q3 24 | 1.13× | 1.40× | ||
| Q2 24 | 0.85× | 2.58× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GPK
| Americas Paperboard Packaging | $1.4B | 68% |
| Other | $667.0M | 32% |
ORI
| operating | $2.2B | 92% |
| Other | $201.8M | 8% |
