Graphic Packaging Holding (GPK) Gross Margin (2010 - 2026)
Graphic Packaging Holding's Gross Margin was 13.35% in Q2 2026, down 5.71 percentage points from 19.06% a year earlier and down 0.85 percentage points from the prior quarter.
Graphic Packaging Holding (GPK) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Graphic Packaging Holding's Gross Margin was 15.46% through Jun 30, 2026, down 5.62 percentage points year-over-year; for FY2025, it was 18.59%, down 3.69 percentage points from FY2024.
- Gross Margin shows a five-year change of +1.82 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 22.28% in FY2024 (-0.18 pp), 22.45% in FY2023 (+3.07 pp), 19.39% in FY2022 (+4.42 pp) and 14.97% in FY2021 (-1.80 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin in data going back to Q2 2010.
- Compared with a year earlier, Gross Margin has declined for eight straight quarters, with an average year-over-year change of -3.59 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q4 2022 (a gain of 6.14 percentage points); the worst was Q4 2025 (a drop of 7.21 percentage points).
- Per Business Quant data, GPK's Gross Margin in the three quarters before Q2 2026 was 14.19% (Q1 2026), 14.41% (Q4 2025) and 19.82% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.27 Bn | 20.20 Bn | 1.40 Bn | 17.42% |
| 2 | International Paper | 20.90 Bn | 16.80 Bn | 1.66 Bn | 27.65% |
| 3 | Packaging Corp Of America | 20.79 Bn | 18.33 Bn | 512.50 Mn | 20.58% |
| 4 | Amcor | 19.64 Bn | 15.07 Bn | 1.34 Bn | 20.90% |
| 5 | Ball | 15.00 Bn | 12.01 Bn | 697.00 Mn | 17.44% |
| 6 | Crown Holdings | 11.57 Bn | 8.90 Bn | 748.00 Mn | 20.39% |
| 7 | Sonoco Products | 4.90 Bn | 3.91 Bn | 392.38 Mn | 20.81% |
| 8 | Silgan Holdings | 3.71 Bn | 1.45 Bn | 294.88 Mn | 17.94% |
| 9 | Graphic Packaging Holding | 2.72 Bn | 1.95 Bn | 292.00 Mn | 13.35% |
| 10 | Ardagh Metal Packaging | 2.59 Bn | 2.60 Bn | 238.00 Mn | 13.89% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.35% |
| Mar 31, 2026 | 14.19% |
| Dec 31, 2025 | 14.41% |
| Sep 30, 2025 | 19.82% |
| Jun 30, 2025 | 19.06% |
| Mar 31, 2025 | 20.99% |
| Dec 31, 2024 | 21.62% |
| Sep 30, 2024 | 22.65% |
| Jun 30, 2024 | 21.50% |
| Mar 31, 2024 | 23.28% |
| Dec 31, 2023 | 22.28% |
| Sep 30, 2023 | 23.41% |
| Jun 30, 2023 | 21.15% |
| Mar 31, 2023 | 22.97% |
| Dec 31, 2022 | 20.58% |
| Sep 30, 2022 | 20.85% |
| Jun 30, 2022 | 18.70% |
| Mar 31, 2022 | 17.24% |
| Dec 31, 2021 | 14.44% |
| Sep 30, 2021 | 15.71% |
Graphic Packaging Holding Gross Margin 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=gross-margin&ticker=GPK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=GPK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();