Graphic Packaging Holding annual operating margin
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Graphic Packaging Holding Operating Margin Growth & History (GPK)
Graphic Packaging Holding's operating margin was 9.37% for fiscal 2025.
View full Graphic Packaging Holding company overviewGraphic Packaging Holding annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 9.37% | −3.38 pp |
| 2024 | 2024-12-31 | 12.75% | +0.24 pp |
| 2023 | 2023-12-31 | 12.51% | +2.88 pp |
| 2022 | 2022-12-31 | 9.63% | +3.92 pp |
| 2021 | 2021-12-31 | 5.71% | −2.31 pp |
| 2020 | 2020-12-31 | 8.02% | −0.68 pp |
| 2019 | 2019-12-31 | 8.70% | +1.07 pp |
| 2018 | 2018-12-31 | 7.62% | +0.14 pp |
| 2017 | 2017-12-31 | 7.48% | −2.04 pp |
| 2016 | 2016-12-31 | 9.52% | −0.75 pp |
| 2015 | 2015-12-31 | 10.27% | +4.89 pp |
| 2014 | 2014-12-31 | 5.37% | −2.26 pp |
| 2013 | 2013-12-31 | 7.63% | +0.19 pp |
| 2012 | 2012-12-31 | 7.43% | +2.91 pp |
| 2011 | 2011-12-31 | 4.52% | −0.84 pp |
| 2010 | 2010-12-31 | 5.36% | −1.54 pp |
| 2009 | 2009-12-31 | 6.90% | — |
Graphic Packaging Holding quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.36% | −4.44 pp |
| Q1 2026 | 2026-03-31 | 0.88% | −9.59 pp |
| Q4 2025 | 2025-12-31 | 7.45% | −3.99 pp |
| Q3 2025 | 2025-09-30 | 10.72% | −1.88 pp |
| Q2 2025 | 2025-06-30 | 8.80% | −5.74 pp |
| Q1 2025 | 2025-03-31 | 10.47% | −1.88 pp |
| Q4 2024 | 2024-12-31 | 11.44% | −1.53 pp |
| Q3 2024 | 2024-09-30 | 12.60% | +0.34 pp |
| Q2 2024 | 2024-06-30 | 14.54% | +3.32 pp |
| Q1 2024 | 2024-03-31 | 12.35% | −1.24 pp |
| Q4 2023 | 2023-12-31 | 12.97% | +1.68 pp |
| Q3 2023 | 2023-09-30 | 12.26% | +0.28 pp |
| Q2 2023 | 2023-06-30 | 11.22% | +4.76 pp |
| Q1 2023 | 2023-03-31 | 13.59% | +4.97 pp |
| Q4 2022 | 2022-12-31 | 11.29% | +7.10 pp |
| Q3 2022 | 2022-09-30 | 11.98% | +5.17 pp |
| Q2 2022 | 2022-06-30 | 6.46% | +0.97 pp |
| Q1 2022 | 2022-03-31 | 8.62% | +2.05 pp |
| Q4 2021 | 2021-12-31 | 4.19% | −3.70 pp |
| Q3 2021 | 2021-09-30 | 6.82% | −0.22 pp |
| Q2 2021 | 2021-06-30 | 5.49% | −1.68 pp |
| Q1 2021 | 2021-03-31 | 6.57% | −3.46 pp |
| Q4 2020 | 2020-12-31 | 7.89% | −0.86 pp |
| Q3 2020 | 2020-09-30 | 7.04% | −0.74 pp |
| Q2 2020 | 2020-06-30 | 7.17% | −2.16 pp |
| Q1 2020 | 2020-03-31 | 10.03% | +1.11 pp |
| Q4 2019 | 2019-12-31 | 8.75% | +1.62 pp |
| Q3 2019 | 2019-09-30 | 7.78% | −3.12 pp |
| Q2 2019 | 2019-06-30 | 9.33% | +2.01 pp |
| Q1 2019 | 2019-03-31 | 8.92% | +3.90 pp |
| Q4 2018 | 2018-12-31 | 7.13% | −0.18 pp |
| Q3 2018 | 2018-09-30 | 10.89% | +2.82 pp |
| Q2 2018 | 2018-06-30 | 7.32% | −0.38 pp |
| Q1 2018 | 2018-03-31 | 5.03% | −1.75 pp |
| Q4 2017 | 2017-12-31 | 7.31% | −0.08 pp |
| Q3 2017 | 2017-09-30 | 8.07% | −1.45 pp |
| Q2 2017 | 2017-06-30 | 7.69% | −1.88 pp |
| Q1 2017 | 2017-03-31 | 6.78% | −3.59 pp |
| Q4 2016 | 2016-12-31 | 7.39% | −2.53 pp |
| Q3 2016 | 2016-09-30 | 9.52% | −0.76 pp |
| Q2 2016 | 2016-06-30 | 9.57% | −0.85 pp |
| Q1 2016 | 2016-03-31 | 10.37% | −0.08 pp |
| Q4 2015 | 2015-12-31 | 9.91% | +1.05 pp |
| Q3 2015 | 2015-09-30 | 10.28% | −0.41 pp |
| Q2 2015 | 2015-06-30 | 10.42% | +15.16 pp |
| Q1 2015 | 2015-03-31 | 10.44% | +3.01 pp |
| Q4 2014 | 2014-12-31 | 8.86% | +3.00 pp |
| Q3 2014 | 2014-09-30 | 10.70% | +1.61 pp |
| Q2 2014 | 2014-06-30 | −4.74% | −12.43 pp |
| Q1 2014 | 2014-03-31 | 7.43% | −0.31 pp |
| Q4 2013 | 2013-12-31 | 5.86% | −0.15 pp |
| Q3 2013 | 2013-09-30 | 9.09% | +0.81 pp |
| Q2 2013 | 2013-06-30 | 7.70% | −1.00 pp |
| Q1 2013 | 2013-03-31 | 7.74% | +1.09 pp |
| Q4 2012 | 2012-12-31 | 6.01% | +0.01 pp |
| Q3 2012 | 2012-09-30 | 8.27% | +9.92 pp |
| Q2 2012 | 2012-06-30 | 8.70% | +1.64 pp |
| Q1 2012 | 2012-03-31 | 6.65% | −0.20 pp |
| Q4 2011 | 2011-12-31 | 6.00% | +0.21 pp |
| Q3 2011 | 2011-09-30 | −1.65% | −9.18 pp |
| Q2 2011 | 2011-06-30 | 7.06% | +4.86 pp |
| Q1 2011 | 2011-03-31 | 6.86% | +0.92 pp |
| Q4 2010 | 2010-12-31 | 5.79% | — |
| Q3 2010 | 2010-09-30 | 7.53% | — |
| Q2 2010 | 2010-06-30 | 2.20% | — |
| Q1 2010 | 2010-03-31 | 5.94% | — |
Graphic Packaging Holding operating margin trends
Over the last five fiscal years, Graphic Packaging Holding's operating margin increased from 8.02% to 9.37%, a change of +1.35 percentage points. The latest reported quarter, Q2 2026, shows 4.36%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Graphic Packaging Holding source filings ↗