GPK Graphic Packaging Holding Company

NYSE · Packaging · View on SEC EDGAR ↗
$11.30
Price · Aug 19, 2026
Fundamentals as of Aug 4, 2026

About Graphic Packaging Holding Company Company overview from Wikipedia

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 municipal wastewater in the manufacture of food grade cardboard and coated paperboard. Its President and Chief Executive Officer is Robbert Rietbroek.

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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 municipal wastewater in the manufacture of food grade cardboard and coated paperboard. Its President and Chief Executive Officer is Robbert Rietbroek.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

GPK Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$11.29
Market Cap
$3.34B
P/E (TTM)
7.7
EPS (TTM)
$1.48
Revenue (TTM)
$8.62B
Div Yield
3.8%
ROE
14.0%
Debt/Equity
1.7
52W Range
$9 – $23

GPK Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $8.62B
10-point trend, +100.5%
2016-12-31 2025-12-31
EPS $1.48
10-point trend, +108.5%
2016-12-31 2025-12-31
Free Cash Flow
3-point trend, -307.4%
2016-12-31 2018-12-31
Margins 5.1%
5-point trend, -9.0%
2016-12-31 2020-12-31

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
GPK
Peer Median
P/E (TTM)
5-point trend, -64.5%
7.7
16.6
P/S (TTM)
5-point trend, -38.4%
0.4
1.2
P/B
5-point trend, -57.9%
1.0
1.4
EV / EBITDA
5-point trend, -43.8%
6.5

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
GPK
Peer Median
Operating Margin
5-point trend, +64.0%
9.3%
Net Profit Margin
5-point trend, +80.7%
5.1%
5.4%
ROA
5-point trend, +73.5%
3.9%
4.7%
ROE
5-point trend, +13.6%
14.0%
12.2%
ROIC
5-point trend, +74.6%
6.9%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
GPK
Peer Median
Debt / Equity
5-point trend, -45.5%
1.7
Current Ratio
5-point trend, +6.7%
1.3
1.3
Quick Ratio
5-point trend, -18.8%
0.4

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
GPK
Peer Median
Revenue YoY
5-point trend, +20.4%
-2.2%
Revenue CAGR 3Y
5-point trend, +20.4%
-3.0%
Revenue CAGR 5Y
5-point trend, +20.4%
5.6%
EPS YoY
5-point trend, +117.6%
-31.5%
Net Income YoY
5-point trend, +117.6%
-32.5%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
GPK
Peer Median
EPS (Diluted)
5-point trend, +117.6%
$1.48

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
GPK
Peer Median
Payout Ratio
5-point trend, -36.1%
28.8%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
3.8%
Payout Ratio
28.8%
5Y Div CAGR
Ex-dateAmount
June 15, 2026$0.1100
March 13, 2026$0.1100
Dec. 15, 2025$0.1100
Sept. 15, 2025$0.1100
June 13, 2025$0.1100
March 14, 2025$0.1100
Dec. 13, 2024$0.1000
Sept. 13, 2024$0.1000
June 14, 2024$0.1000
March 14, 2024$0.1000
Dec. 14, 2023$0.1000
Sept. 14, 2023$0.1000
June 14, 2023$0.1000
March 14, 2023$0.1000
Dec. 14, 2022$0.1000
Sept. 14, 2022$0.0750
June 14, 2022$0.0750
March 14, 2022$0.0750
Dec. 14, 2021$0.0750
Sept. 14, 2021$0.0750

GPK Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

HOLD 20 analysts
  • Strong Buy 0 0.0%
  • Buy 1 5.0%
  • Hold 12 60.0%
  • Sell 6 30.0%
  • Strong Sell 1 5.0%

12-Month Price Target

11 analysts · 2026-08-19
Median target $12.00 +6.2%
Mean target $12.58 +11.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.01%
Period EPS Actual EPS Est Surprise
June 30, 2026 $0.14 $0.13 0.01%
March 31, 2026 $0.09 $0.06 0.03%
Dec. 31, 2025 $0.29 $0.36 -0.07%
Sept. 30, 2025 $0.58 $0.56 0.02%
June 30, 2025 $0.42 $0.41 0.01%
March 31, 2025 $0.51 $0.59 -0.08%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
GPK $4.44B 10.2 -2.2% 5.1% 14.0%
IP $24.70B -5.7 49.2% -14.9% -21.0%
AVY $13.98B 20.7 1.1% 7.8% 30.2% 28.7%
SON $4.30B 4.3 41.7% 13.3% 34.1% 20.9%
PACK $457M -12.0 7.1% -9.7% -7.1% 33.1%
PKG 24.0 7.2% 8.6% 17.2% 21.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 15
Annual Income Statement data for GPK
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +103.2% $8.62B $8.81B $9.43B $9.44B $7.16B $6.56B $6.16B $6.03B $4.41B $4.30B $4.16B $4.24B
Cost of Revenue 12-point trend, +103.1% $7.01B $6.84B $7.31B $7.61B $6.08B $5.46B $5.07B $5.08B $3.70B $3.50B $3.37B $3.45B
Gross Profit 7-point trend, +39.8% · · · · · $1.10B $1.09B $952M $720M $792M $789M $787M
R&D Expense 12-point trend, +27.5% $19M $17M $16M $14M $10M $10M $9M $9M $14M $15M $14M $15M
SG&A Expense 12-point trend, +92.6% $704M $774M $805M $774M $528M $513M $512M $472M $348M $353M $348M $366M
Operating Income 12-point trend, +252.9% $804M $1.12B $1.17B $906M $407M $524M $534M $458M $328M $407M $427M $228M
Interest Expense 10-point trend, +196.2% · · $239M $197M $123M $129M $141M $124M $90M $77M $68M $81M
Pretax Income 12-point trend, +338.6% $582M $886M $932M $716M $289M $244M $354M $348M $253M $319M $359M $133M
Income Tax 12-point trend, +206.2% $139M $229M $210M $194M $74M $42M $76M $55M $-46M $93M $130M $45M
Net Income 12-point trend, +395.0% $444M $658M $723M $522M $204M $167M $207M $221M $300M $228M $230M $90M
EPS (Basic) 12-point trend, +448.1% $1.48 $2.16 $2.35 $1.69 $0.69 $0.60 $0.70 $0.71 $0.97 $0.71 $0.70 $0.27
EPS (Diluted) 12-point trend, +448.1% $1.48 $2.16 $2.34 $1.69 $0.68 $0.60 $0.70 $0.71 $0.96 $0.71 $0.70 $0.27
Shares (Basic) 12-point trend, -8.9% 299,300,000 304,000,000 308,200,000 308,800,000 297,100,000 278,800,000 294,100,000 309,500,000 311,100,000 320,900,000 329,500,000 328,600,000
Shares (Diluted) 12-point trend, -9.3% 299,800,000 305,100,000 309,100,000 309,500,000 297,900,000 279,600,000 294,800,000 310,100,000 311,900,000 321,500,000 330,700,000 330,500,000
EBITDA 12-point trend, +169.2% $1.34B $1.68B $1.79B $1.46B $896M $1.00B $981M $889M $673M $695M $708M $498M
Balance Sheet 26
Annual Balance Sheet data for GPK
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +219.9% $261M $157M $162M $150M $172M $179M $153M $70M $67M $59M $55M $82M
Receivables 12-point trend, +119.4% $760M $621M $716M $804M $785M $597M $451M $466M $272M $363M $337M $346M
Inventory 12-point trend, +238.4% $1.77B $1.75B $1.75B $1.61B $1.39B $1.13B $1.10B $1.01B $634M $583M $557M $522M
Prepaid Expense 6-point trend, +36.9% · · · · · · $41M $29M $29M $34M $30M $30M
Other Current Assets 12-point trend, +293.8% $126M $99M $94M $71M $84M $59M $52M $106M $147M $46M $31M $32M
Current Assets 12-point trend, +178.6% $2.92B $2.78B $2.85B $2.71B $2.50B $2.02B $1.81B $1.76B $1.17B $1.11B $1.07B $1.05B
PP&E (Net) 12-point trend, +266.5% $5.67B $5.26B $4.99B $4.58B $4.68B $3.56B $3.25B $3.24B $1.87B $1.75B $1.59B $1.55B
PP&E (Gross) 9-point trend, +155.7% $10.67B $9.93B $9.66B $8.87B · · · $6.66B $5.07B $4.75B $4.48B $4.17B
Accum. Depreciation 9-point trend, +90.4% $5.00B $4.67B $4.67B $4.29B · · · $3.42B $3.21B $3.00B $2.90B $2.63B
Goodwill 12-point trend, +84.7% $2.06B $1.99B $2.10B $1.98B $2.02B $1.48B $1.48B $1.46B $1.32B $1.26B $1.17B $1.12B
Intangibles 12-point trend, +73.8% $670M $667M $820M $717M $868M $437M $477M $524M $436M $445M $387M $386M
Other Non-current Assets 12-point trend, +1075.9% $448M $442M $415M $347M $395M $310M $275M $71M $66M $31M $48M $38M
Total Assets 12-point trend, +184.6% $11.78B $11.14B $11.18B $10.33B $10.46B $7.80B $7.29B $7.06B $4.86B $4.60B $4.26B $4.14B
Accounts Payable 12-point trend, +141.7% $1.03B $1.12B $1.09B $1.12B $1.12B $825M $716M $712M $516M $466M $458M $425M
Short-term Debt 12-point trend, +203.6% $17M $18M $18M $16M $9M $3M $9M $12M $9M $37M $11M $6M
Current Liabilities 12-point trend, +231.6% $2.24B $1.90B $2.59B $1.93B $2.05B $1.86B $1.20B $1.17B $851M $780M $732M $677M
Capital Leases 7-point trend, +50.5% $228M $209M $189M $184M $193M $157M $152M · · · · ·
Deferred Tax 12-point trend, +420.4% $688M $613M $731M $668M $579M $540M $512M $462M $322M $408M $267M $132M
Other Non-current Liabilities 12-point trend, +400.6% $391M $376M $360M $266M $282M $292M $267M $118M $105M $68M $69M $78M
Long-term Debt 12-point trend, +176.5% $5.43B $5.05B $5.22B $5.10B $5.68B $3.52B $2.73B $2.83B $2.25B $2.11B $1.88B $1.97B
Total Debt 12-point trend, +182.0% $5.56B $5.18B $5.37B $5.24B $5.79B $3.64B $2.86B $2.95B $2.27B $2.15B $1.87B $1.97B
Retained Earnings 12-point trend, +456.4% $1.61B $1.41B $1.03B $469M $66M $-48M $56M $10M $-56M $-268M $-327M $-453M
AOCI 12-point trend, +21.7% $-262M $-455M $-313M $-377M $-224M $-246M $-366M $-378M $-339M $-388M $-346M $-335M
Stockholders' Equity 12-point trend, +229.5% $3.34B $3.01B $2.78B $2.15B $1.89B $1.42B $1.57B $1.58B $1.29B $1.06B $1.10B $1.01B
Liabilities + Equity 12-point trend, +184.6% $11.78B $11.14B $11.18B $10.33B $10.46B $7.80B $7.29B $7.06B $4.86B $4.60B $4.26B $4.14B
Shares Outstanding 12-point trend, -9.8% 295,128,049 300,163,372 306,058,815 307,116,089 307,103,551 267,726,373 290,246,907 299,807,779 309,715,624 313,145,785 324,688,717 327,044,500
Cash Flow 17
Annual Cash Flow data for GPK
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +98.5% $536M $557M $619M $553M $489M $476M $447M $431M $330M $299M $280M $270M
Stock-based Comp 4-point trend, -94.1% $2M $62M $44M $34M · · · · · · · ·
Deferred Tax 12-point trend, +223.3% $107M $-119M $22M $131M $55M $-1M $53M $26M $-54M $77M $110M $33M
Restructuring 6-point trend, +393.3% · $74M $89M $17M $38M $51M $15M · · · · ·
Other Non-cash 12-point trend, -592.5% $-461M $-587M $-528M $-334M $-368M $163M $-214M $-2.17B $3M $76M $-50M $94M
Operating Cash Flow 12-point trend, +59.7% $841M $840M $1.14B $1.09B $609M $825M $666M $-374M $-192M $74M $589M $527M
CapEx 5-point trend, +102.5% · · · · · · · $379M $241M $279M $229M $187M
Investing Cash Flow 12-point trend, -299.6% $-732M $-342M $-1.02B $-435M $-2.39B $-648M $-225M $689M $268M $-65M $-400M $-183M
Net Debt Issued 12-point trend, +100.0% $0 $-700M $0 $-250M $-1.63B $-36M $-36M $-152M $-25M $-25M $-25M $-215M
Stock Repurchased 12-point trend, +150000000.00 $150M $200M $54M $28M $0 $316M $129M $119M $62M $165M $63M $0
Net Stock Activity 12-point trend, -150000000.00 $-150M $-200M $-54M $-28M $0 $-316M $-129M $-119M $-62M $-165M $-63M $0
Dividends Paid 12-point trend, +128000000.00 $128M $122M $123M $92M $92M $103M $113M $111M $93M $64M $49M $0
Financing Cash Flow 12-point trend, +94.2% $-18M $-489M $-106M $-666M $1.78B $-152M $-361M $-311M $-70M $-3M $-211M $-309M
Net Change in Cash 12-point trend, +253.7% $104M $-5M $12M $-22M $-7M $26M $82M $3M $8M $4M $-27M $29M
Taxes Paid 12-point trend, +1236.1% $163M $281M $157M $43M $25M $27M $26M $26M $16M $14M $11M $12M
Free Cash Flow 5-point trend, -331.4% · · · · · · · $-753M $275M $363M $345M $325M
Levered FCF 5-point trend, -414.9% · · · · · · · $-857M $169M $309M $302M $272M
Profitability 8
Annual Profitability data for GPK
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 7-point trend, -9.6% · · · · · 16.8% 17.7% 15.7% 16.3% 18.4% 19.0% 18.6%
Operating Margin 12-point trend, +73.7% 9.3% 12.7% 12.4% 9.6% 5.7% 8.0% 8.7% 7.6% 7.8% 9.2% 10.3% 5.4%
Net Margin 12-point trend, +142.9% 5.1% 7.5% 7.7% 5.5% 2.9% 2.5% 3.4% 3.7% 6.8% 5.3% 5.5% 2.1%
Pretax Margin 12-point trend, +115.7% 6.8% 10.1% 9.9% 7.6% 4.0% 3.7% 5.8% 5.8% 5.8% 7.4% 8.6% 3.1%
EBITDA Margin 12-point trend, +32.5% 15.6% 19.0% 19.0% 15.5% 12.5% 15.2% 15.9% 14.8% 15.3% 16.2% 17.0% 11.7%
ROA 12-point trend, +87.9% 3.9% 5.9% 6.7% 5.0% 2.2% 2.2% 2.9% 3.7% 6.3% 5.1% 5.5% 2.1%
ROE 12-point trend, +61.7% 14.0% 22.7% 29.3% 25.8% 12.3% 11.2% 13.1% 15.4% 25.6% 21.1% 21.8% 8.6%
ROIC 12-point trend, +37.1% 6.9% 10.1% 11.2% 8.9% 3.9% 8.6% 9.5% 8.5% 11.3% 8.7% 9.1% 5.0%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for GPK
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, -27.8% 1.3 1.5 1.1 1.4 1.2 1.1 1.5 1.5 1.4 1.4 1.5 1.8
Quick Ratio 12-point trend, -40.0% 0.4 0.4 0.3 0.5 0.5 0.4 0.5 0.5 0.4 0.5 0.5 0.6
Debt / Equity 12-point trend, -14.4% 1.7 1.7 1.9 2.4 3.1 2.6 1.8 1.9 1.8 2.0 1.7 1.9
LT Debt / Equity 12-point trend, -21.5% 1.5 1.7 1.7 2.4 2.9 2.2 1.8 1.8 1.7 2.0 1.7 1.9
Interest Coverage 10-point trend, +74.0% · · 4.9 4.6 3.3 4.1 3.8 3.7 3.8 5.2 6.3 2.8
Efficiency 3
Annual Efficiency data for GPK
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, -22.8% 0.8 0.8 0.9 0.9 0.8 0.9 0.9 1.0 0.9 1.0 1.0 1.0
Inventory Turnover 12-point trend, -37.7% 4.0 3.9 4.4 5.1 4.8 4.9 4.8 6.2 6.1 6.2 6.2 6.4
Receivables Turnover 12-point trend, +23.8% 14.2 13.2 12.4 11.9 10.4 12.5 13.4 16.3 13.9 12.3 12.2 11.5
Per Share 5
Annual Per Share data for GPK
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +265.2% $11.30 $10.03 $9.09 $7.00 $6.16 $5.32 $5.41 $5.27 $4.17 $3.37 $3.39 $3.10
Revenue / Share 12-point trend, +124.0% $28.74 $28.87 $30.50 $30.50 $24.02 $23.46 $20.90 $19.42 $14.12 $13.37 $12.58 $12.83
Cash Flow / Share 12-point trend, +76.1% $2.81 $2.75 $3.70 $3.52 $2.04 $2.95 $2.26 $-1.21 $1.66 $2.00 $1.78 $1.59
Cash / Share 12-point trend, +254.5% $0.88 $0.52 $0.53 $0.49 $0.56 $0.67 $0.53 $0.24 $0.22 $0.19 $0.17 $0.25
EPS (TTM) 12-point trend, +448.1% $1.48 $2.16 $2.34 $1.69 $0.68 $0.60 $0.70 $0.71 $0.96 $0.71 $0.70 $0.27
Growth Rates 10
Annual Growth Rates data for GPK
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -123.8% -2.2% -6.6% -0.13% 31.9% 9.1% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -123.3% -3.0% 7.2% 12.8% · · · · · · · · ·
Revenue CAGR 5Y 5.6% · · · · · · · · · · ·
EPS YoY 5-point trend, -336.2% -31.5% -7.7% 38.5% 148.5% 13.3% · · · · · · ·
EPS CAGR 3Y 3-point trend, -107.5% -4.3% 47.0% 57.4% · · · · · · · · ·
EPS CAGR 5Y 19.8% · · · · · · · · · · ·
Net Income YoY 5-point trend, -246.8% -32.5% -9.0% 38.5% 155.9% 22.2% · · · · · · ·
Net Income CAGR 3Y 3-point trend, -108.3% -5.2% 47.8% 63.0% · · · · · · · · ·
Net Income CAGR 5Y 21.6% · · · · · · · · · · ·
Dividend CAGR 5Y 4.4% · · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for GPK
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +103.2% $8.62B $8.81B $9.43B $9.44B $7.16B $6.56B $6.16B $6.03B $4.41B $4.30B $4.16B $4.24B
Net Income TTM 12-point trend, +395.0% $444M $658M $723M $522M $204M $167M $207M $221M $300M $228M $230M $90M
Market Cap 12-point trend, -0.2% $4.44B $8.15B $7.54B $6.83B $5.99B $4.54B $4.83B $3.19B $4.79B $3.91B $4.17B $4.45B
Enterprise Value 12-point trend, +53.6% $9.75B $13.17B $12.75B $11.93B $11.60B $8.00B $7.54B $6.07B $6.99B $6.00B $5.99B $6.35B
P/E 12-point trend, -79.8% 10.2 12.6 10.5 13.2 28.7 28.2 23.8 15.0 16.1 17.6 18.3 50.4
P/S 12-point trend, -50.9% 0.5 0.9 0.8 0.7 0.8 0.7 0.8 0.5 1.1 0.9 1.0 1.1
P/B 12-point trend, -69.7% 1.3 2.7 2.7 3.2 3.2 3.2 3.1 2.0 3.7 3.7 3.8 4.4
P / Tangible Book 2-point trend, -68.1% 7.4 23.2 · · · · · · · · · ·
P / Cash Flow 12-point trend, -37.5% 5.3 9.7 6.6 6.3 9.8 5.5 7.3 -8.5 9.3 6.1 7.1 8.5
P / FCF 5-point trend, -131.0% · · · · · · · -4.2 17.4 10.8 12.1 13.7
EV / EBITDA 12-point trend, -42.9% 7.3 7.9 7.1 8.2 13.0 8.0 7.7 6.8 10.4 8.6 8.5 12.7
EV / FCF 5-point trend, -141.4% · · · · · · · -8.1 25.4 16.6 17.3 19.5
EV / Revenue 12-point trend, -24.4% 1.1 1.5 1.4 1.3 1.6 1.2 1.2 1.0 1.6 1.4 1.4 1.5
Dividend Yield 12-point trend, +0.03 2.9% 1.5% 1.6% 1.4% 1.5% 2.3% 2.3% 3.5% 1.9% 1.7% 1.2% 0.00%
Earnings Yield 12-point trend, +396.5% 9.8% 8.0% 9.5% 7.6% 3.5% 3.5% 4.2% 6.7% 6.2% 5.7% 5.5% 2.0%
Payout Ratio 11-point trend, +34.5% 28.8% 18.5% 17.0% 17.6% 45.1% 61.5% 54.5% 50.2% 31.1% 28.1% 21.4% ·
Annual Payout 12-point trend, +128000000.00 $128M $122M $123M $92M $92M $103M $113M $111M $93M $64M $49M $0

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $8.62B$8.81B$9.43B$9.44B$7.16B
Operating Margin % 9.3%12.7%12.4%9.6%5.7%
Net Income $444M$658M$723M$522M$204M
Diluted EPS $1.48$2.16$2.34$1.69$0.68
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 1.71.71.92.43.1
Current Ratio 1.31.51.11.41.2
Quick Ratio 0.40.40.30.50.5

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Institutional owners (13F) 547 filers · $2.4B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
117 (+25 vs prior Q) 43 (-21 vs prior Q) 200 (+7 vs prior Q) 135 (+24 vs prior Q) +49.5M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
FULLER & THALER ASSET MANAGEMENT, INC. $220,706,866 20,880,498 9.19% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $152,615,896 14,438,590 6.36% Shares
VANGUARD CAPITAL MANAGEMENT LLC $141,296,304 13,367,673 5.89% Shares
FMR LLC $122,977,637 11,634,592 5.12% Shares
STATE STREET CORP $111,612,123 10,452,300 4.65% Shares
MANNING & NAPIER ADVISORS LLC $88,094,180 8,271,754 3.67% Shares
AMERICAN CENTURY COMPANIES INC $87,266,448 8,256,050 3.64% Shares
DIMENSIONAL FUND ADVISORS LP $79,475,132 7,518,934 3.31% Shares
GEODE CAPITAL MANAGEMENT, LLC $50,542,818 4,780,338 2.11% Shares
LETKO, BROSSEAU & ASSOCIATES INC $47,071,434 4,453,305 1.96% Shares
NORGES BANK $46,297,985 4,380,131 1.93% Shares
Squarepoint Ops LLC $43,926,531 4,155,774 1.83% Shares
Maple Rock Capital Partners Inc. $43,334,886 4,099,800 1.81% Shares
SHAPIRO CAPITAL MANAGEMENT LLC $40,944,512 3,873,653 1.71% Shares
D. E. Shaw & Co., Inc. $38,352,780 3,628,456 1.60% Shares
Pine Valley Investments Ltd Liability Co $37,191,654 3,498,201 1.55% Shares
Gotham Asset Management, LLC $36,181,057 3,422,995 1.51% Shares
KGH Ltd $35,742,560 1,316,000 1.49% Shares
MORGAN STANLEY $35,552,354 3,363,515 1.48% Shares
Qube Research & Technologies Ltd $34,365,015 3,251,184 1.43% Shares
TWO SIGMA INVESTMENTS, LP $33,671,020 3,185,527 1.40% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $30,931,763 2,926,373 1.29% Shares
GOLDMAN SACHS GROUP INC $28,918,156 2,735,871 1.20% Shares
MILLENNIUM MANAGEMENT LLC $26,021,311 2,461,808 1.08% Shares
Pictet Asset Management Holding SA $25,668,389 2,428,419 1.07% Shares
OpenArc Corporate Advisory, LLC $25,072,769 2,372,069 1.04% Shares
BlackRock, Inc. $21,810,149 2,063,401 0.91% Shares
VANGUARD FIDUCIARY TRUST CO $19,796,246 1,872,871 0.82% Shares
ALGERT GLOBAL LLC $18,468,549 1,747,261 0.77% Shares
PRIVATE MANAGEMENT GROUP INC $18,351,761 1,736,212 0.76% Shares
TWO SIGMA ADVISERS, LP $17,682,051 1,174,107 0.74% Shares
BANK OF AMERICA CORP /DE/ $17,673,759 1,672,068 0.74% Shares
CAPITAL FUND MANAGEMENT S.A. $17,237,947 1,630,837 0.72% Shares
FIRST TRUST ADVISORS LP $16,729,016 1,582,732 0.70% Shares
DME Capital Management, LP $16,070,628 1,520,400 0.67% Shares
ENVESTNET ASSET MANAGEMENT INC $15,990,556 1,512,825 0.67% Shares
Pine Valley Investments Ltd Liability Co $14,866,705 1,406,500 0.62% Call option
Callodine Capital Management, LP $14,854,222 1,405,319 0.62% Shares
BARCLAYS PLC $14,010,576 1,325,504 0.58% Shares
Trexquant Investment LP $13,640,130 1,290,457 0.57% Shares
Quantinno Capital Management LP $13,481,876 1,275,484 0.56% Shares
Cubist Systematic Strategies, LLC $12,831,021 655,647 0.53% Shares
Mariner, LLC $11,671,453 1,104,152 0.49% Shares
GLENMEDE TRUST CO NA $11,044,888 1,044,928 0.46% Shares
Glenmede Investment Management, LP $9,883,006 505,008 0.41% Shares
VICTORY CAPITAL MANAGEMENT INC $8,872,046 839,361 0.37% Shares
JANE STREET GROUP, LLC $8,870,344 839,200 0.37% Call option
RAYMOND JAMES FINANCIAL INC $8,575,041 811,262 0.36% Shares
LM Asset Management Inc. $8,276,310 783,000 0.34% Shares
RHUMBLINE ADVISERS $8,109,328 767,207 0.34% Shares
Boston Partners $7,919,232 752,393 0.33% Shares
PRINCIPAL FINANCIAL GROUP INC $7,841,851 741,897 0.33% Shares
ALLIANCEBERNSTEIN L.P. $7,573,276 761,899 0.32% Shares
Assenagon Asset Management S.A. $7,146,134 676,077 0.30% Shares
OCCUDO QUANTITATIVE STRATEGIES LP $6,861,304 649,130 0.29% Shares
PRUDENTIAL FINANCIAL INC $6,469,273 612,041 0.27% Shares
CANADA PENSION PLAN INVESTMENT BOARD $6,326,145 598,500 0.26% Shares
PRELUDE CAPITAL MANAGEMENT, LLC $6,300,238 596,049 0.26% Shares
Swiss National Bank $6,272,238 593,400 0.26% Shares
NATIONAL BANK OF CANADA /FI/ $6,150,683 581,900 0.26% Shares
Seven Six Capital Management, LLC $5,942,517 562,206 0.25% Shares
SKBA CAPITAL MANAGEMENT LLC $5,853,666 553,800 0.24% Shares
IEQ CAPITAL, LLC $5,644,554 534,016 0.24% Shares
Schonfeld Strategic Advisors LLC $5,634,949 533,108 0.23% Shares
CAXTON ASSOCIATES LLP $5,560,232 526,039 0.23% Shares
AMG National Trust Bank $5,162,134 488,376 0.22% Shares
Holocene Advisors, LP $4,880,856 461,765 0.20% Shares
MOORE CAPITAL MANAGEMENT, LP $4,834,454 457,375 0.20% Shares
Engineers Gate Manager LP $4,698,069 444,472 0.20% Shares
Y-Intercept (Hong Kong) Ltd $4,685,575 443,290 0.20% Shares
FIFTH THIRD BANCORP $4,680,973 442,854 0.20% Shares
MILFORD FUNDS LTD $4,651,963 440,110 0.19% Shares
AMERIPRISE FINANCIAL INC $4,629,022 436,567 0.19% Shares
NATIXIS $4,379,489 414,332 0.18% Shares
MERCER GLOBAL ADVISORS INC /ADV $4,320,234 408,726 0.18% Shares
Balyasny Asset Management L.P. $4,306,271 407,405 0.18% Shares
WORLDQUANT MILLENNIUM ADVISORS LLC $4,300,331 406,843 0.18% Shares
California Public Employees Retirement System $4,250,282 402,108 0.18% Shares
Vanguard Global Advisers, LLC $4,142,256 391,888 0.17% Shares
BNP PARIBAS FINANCIAL MARKETS $4,096,763 387,584 0.17% Shares
Bragg Financial Advisors, Inc $4,076,585 385,675 0.17% Shares
MACKENZIE FINANCIAL CORP $4,069,133 384,970 0.17% Shares
VANGUARD GROUP INC $4,018,610 266,840 0.17% Shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC $3,803,086 359,800 0.16% Shares
Allianz Asset Management GmbH $3,785,276 358,115 0.16% Shares
CLOVERFIELDS CAPITAL GROUP, LP $3,610,142 341,546 0.15% Shares
CITADEL ADVISORS LLC $3,555,473 336,374 0.15% Shares
Skylands Capital, LLC $3,471,188 328,400 0.14% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $3,254,326 327,397 0.14% Shares
Retirement Systems of Alabama $3,234,748 306,031 0.13% Shares
STATE OF WISCONSIN INVESTMENT BOARD $3,157,058 298,681 0.13% Shares
TUDOR INVESTMENT CORP ET AL $3,000,485 283,868 0.13% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $2,991,986 283,064 0.12% Shares
VANGUARD ASSET MANAGEMENT, Ltd $2,981,015 282,026 0.12% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $2,942,213 322,623 0.12% Shares
NEUBERGER BERMAN GROUP LLC $2,877,926 272,273 0.12% Shares
CITADEL ADVISORS LLC $2,667,868 252,400 0.11% Call option
HighTower Advisors, LLC $2,580,988 244,181 0.11% Shares
ExodusPoint Capital Management, LP $2,549,949 241,244 0.11% Shares
WELLINGTON MANAGEMENT GROUP LLP $2,506,337 237,118 0.10% Shares

Company insiders 64 insiders · 32 officers · 29 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Robbert Rietbroek President and CEO March 4, 2026 P 44,278 1 0 $501,227
DOSS MICHAEL P President and CEO July 30, 2025 G 1,333,927 0 0 $0
Charles D Lischer SVP, CAO and Interim CFO July 29, 2026 A 80,737 0 0 $0
Stephen R. Scherger EVP and CFO Feb. 26, 2025 A 587,362 0 0 $0
Daniel J Blount SVP & Chief Financial Officer July 31, 2014 S 265,713 0 0 $0
Nikhil Narvekar SVP and CIO July 29, 2026 A 1,845 0 0 $0
Scott Fallan SVP & President, International July 29, 2026 A 319 0 0 $0
Daniel S. Fishbein EVP, Gen Counsel & Secretary July 1, 2026 A 0 0 $0
Scott Lebeau EVP, Paperboard Manufacturing Feb. 26, 2026 M 22,838 0 0 $0
Elizabeth Spence EVP, Human Resources Feb. 26, 2026 M 59,238 0 0 $0
Michael James Farrell SVP, Paperboard Mfg. Feb. 26, 2026 M 146,726 0 0 $0
Joseph P Yost EVP & President, Americas Feb. 26, 2026 M 279,929 0 1 $-681,600
Lauren S. Tashma Former EVP, GC & Secretary Feb. 15, 2026 M 331,548 0 0 $0
Margie Kay Bidlingmaier EVP and President, Americas Feb. 26, 2025 A 105,661 0 0 $0
Jean Francois Roche SVP and President, EMEA Aug. 1, 2022 S 84 0 0 $0
Stacey J. Panayiotou EVP, Human Resources May 1, 2021 M 21,396 0 0 $0
Hilde Van Moeseke SVP & President EMEA Feb. 25, 2019 M 1,860 0 0 $0
Carla Chaney Executive Vice President, HR Feb. 25, 2019 M 93,109 0 0 $0
Alan R Nichols SVP, Mills May 24, 2018 S 43,335 0 0 $0
Spencer H. Maurer SVP, Supply Chain Feb. 27, 2018 M 46,339 0 0 $0
David W Scheible Chairman May 13, 2016 S 922,678 0 0 $0
Michael R Schmal SVP Feb. 26, 2016 M 331,015 0 0 $0
Michael Steven Ukropina SVP, Consumer Packaging Div. Feb. 25, 2016 A 0 0 $0
Richard Allen Ennis Jr SVP, Flexible Division Feb. 25, 2014 A 0 0 $0
Stephen A Hellrung SVP, Gen Counsel & Secretary Feb. 17, 2014 M 336,237 0 0 $0
Cynthia A. Baerman SVP, Human Resources April 11, 2013 S 154,881 0 0 $0
Philip H. Geminder II VP, Graphic Business Systems May 31, 2012 M 104,782 0 0 $0
Kristopher L Dover SVP, Flexible March 30, 2012 M 183,682 0 0 $0
John C. Best VP, Business Development Feb. 16, 2012 A 27,166 0 0 $0
Kevin J. Kwilinski SVP, Supply Chain March 4, 2009 A 0 0 $0
James M Aikins SVP, Human Resources May 20, 2008 A 0 0 $0
Donald W Sturdivant EVP, Mills, Specialty Business May 20, 2008 A 0 0 $0
Alessandro Maselli Director May 20, 2026 A 23,276 0 0 $0
Andrew P Callahan Director May 20, 2026 A 23,276 0 0 $0
Jeffrey Stafeil Director May 20, 2026 P 34,139 1 0 $200,055
Larry M Venturelli Director May 20, 2026 A 130,507 4 0 $199,153
Laurie Brlas Director May 20, 2026 A 35,558 0 0 $0
Philip R Martens Director May 20, 2026 A 43,072 0 0 $0
Robert Hagemann Director May 8, 2026 P 97,569 1 0 $154,000
Mary K Rhinehart Director May 29, 2024 A 27,234 0 0 $0
Lynn A Wentworth Director Nov. 17, 2022 S 92,021 0 0 $0
Paul Carrico Director May 24, 2022 A 62,695 0 0 $0
David D Campbell Director May 26, 2021 A 93,246 0 0 $0
Peter Kelly Director May 23, 2018 A 15,508 0 0 $0
Andrea G Botta Director Feb. 21, 2018 M 176,447 0 0 $0
Harold R Logan JR Director Feb. 28, 2017 S 48,876 0 0 $0
Jeffrey H Coors Director Jan. 19, 2016 G 975,142 0 0 $0
Michael G. Macdougall Director Aug. 19, 2014 G 0 0 0 $0
David A Perdue Director May 21, 2014 A 53,957 0 0 $0
George V Bayly Director June 6, 2013 S 202,408 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 10 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
International Paper Company ×2 filings May 21, 2021 Initial filing SEC
Adolph Coors Company LLC, Adolph Coors, Jr. Trust dated September 12, 1969, Augusta Coors Collbran Trust dated July 5, 1946 (as further amended), Bertha Coors Munroe Trust B dated July 5, 1946 (as further amended), Herman F. Coors Trust dated July 5, 1946 (as further amended), Louise Coors Porter Trust dated July 5, 1946 (as further amended), Grover C. Coors Trust dated August 7, 1952, May Kistler Coors Trust dated September 24, 1965, Adolph Coors Foundation ×6 filings May 28, 2014 Initial filing SEC
TPG Group Holdings (SBS) Advisors, Inc., David Bonderman, James G. Coulter ×8 filings May 23, 2014 Initial filing Capital structure SEC
OR ×3 filings Aug. 14, 2013 Initial filing Capital structure SEC
Clayton, Dubilier & Rice Fund V Limited Partnership, CD&R Associates V Limited Partnership, CD&R Investment Associates II, Inc., CD&R Investment Associates, Inc., CD&R Cayman Investment Associates, Inc. ×3 filings Aug. 13, 2013 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person March 20, 2008 Initial filing Board campaign SEC
1 Adolph Coors Company LLC, 1 Adolph Coors, Jr. Trust dated September 12, 1969, 1 Augusta Coors Collbran Trust dated July 5, 1946 (as further amended), 1 Bertha Coors Munroe Trust B dated July 5, 1946 (as further amended), 1 Herman F. Coors Trust dated July 5, 1946 (as further amended), 1 Louise Coors Porter Trust dated July 5, 1946 (as further amended), 1 Grover C. Coors Trust dated August 7, 1952, 1 May Kistler Coors Trust dated September 24, 1965, 1 Janet H. Coors Irrevocable Trust FBO Frances M. Baker dated July 27, 1976, 1 Janet H. Coors Irrevocable Trust FBO Frank E. Ferrin dated July 27, 1976, 1 Janet H. Coors Irrevocable Trust FBO Joseph J. Ferrin dated July 27, 1976, 1 Adolph Coors Foundation March 20, 2008 Initial filing M&A / sale SEC
TPG Advisors IV, Inc., TPG Advisors V, Inc., David Bonderman, James G. Coulter March 20, 2008 Initial filing M&A / sale SEC
Clayton Dubilier & Rice Fund V Limited Partnership, CD&R Associates V Limited Partnership, CD&R Investments Associates II, Inc., CD&R Investments Associates, Inc., CD&R Cayman Investment Associates, Inc. March 20, 2008 Initial filing Board campaign SEC
Graphic Packaging Holding Company, Giant Merger Sub, Inc. March 11, 2008 Initial filing M&A / sale SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 90 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
CUT · Invesco Exchange-Traded Fund Trust … 2.66% 74,347 SH Aug. 8, 2026 Daily
FXR · First Trust Exchange-Traded AlphaDE… 1.03% 751,659 NS April 30, 2026 N-PORT
RFV · Invesco Exchange-Traded Fund Trust 0.80% 223,539 SH Aug. 8, 2026 Daily
FNK · First Trust Exchange-Traded AlphaDE… 0.67% 153,319 NS April 30, 2026 N-PORT
VGHY · VANGUARD FIXED INCOME SECURITIES FU… 0.55% 1,729,000 PA Aug. 8, 2026 Daily
BSJR · Invesco Exchange-Traded Self-Indexe… 0.47% 4,118,000 Aug. 8, 2026 Daily
BSJS · Invesco Exchange-Traded Self-Indexe… 0.40% 3,017,000 Aug. 8, 2026 Daily
RWK · Invesco Exchange-Traded Fund Trust … 0.40% 445,799 SH Aug. 8, 2026 Daily
DVY · iShares Trust 0.34% 6,681,780 SH Aug. 8, 2026 Daily
FNX · First Trust Exchange-Traded AlphaDE… 0.33% 457,657 NS April 30, 2026 N-PORT
PAMC · Pacer Funds Trust 0.30% 20,090 NS April 30, 2026 N-PORT
VFVA · VANGUARD WELLINGTON FUND 0.26% 207,135 SH Aug. 8, 2026 Daily
FAB · First Trust Exchange-Traded AlphaDE… 0.20% 29,631 NS April 30, 2026 N-PORT
VAW · VANGUARD WORLD FUND 0.20% 867,906 SH Aug. 8, 2026 Daily
IJJ · iShares Trust 0.20% 1,507,862 SH Aug. 8, 2026 Daily
DFVE · DoubleLine ETF Trust 0.19% 5,235 NS March 31, 2026 N-PORT
FMAT · FIDELITY COVINGTON TRUST 0.18% 114,132 NS April 30, 2026 N-PORT
IVOV · VANGUARD ADMIRAL FUNDS 0.18% 254,120 SH Aug. 8, 2026 Daily
VSDB · VANGUARD MALVERN FUNDS 0.16% 1,610,000 PA Aug. 8, 2026 Daily
MIDE · DBX ETF Trust 0.13% 397 NS May 29, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.12% 10,479 NS April 30, 2026 N-PORT
QVMM · Invesco Exchange-Traded Fund Trust … 0.12% 42,710 SH Aug. 8, 2026 Daily
DFAT · Dimensional ETF Trust 0.11% 1,605,795 NS April 30, 2026 N-PORT
XJH · iShares Trust 0.11% 40,195 SH Aug. 8, 2026 Daily
IJH · iShares Trust 0.10% 10,207,593 SH Aug. 8, 2026 Daily
ISCV · iShares Trust 0.10% 56,412 SH Aug. 8, 2026 Daily
SMLF · iShares Trust 0.09% 333,173 SH Aug. 8, 2026 Daily
IGE · iShares Trust 0.09% 58,752 SH Aug. 8, 2026 Daily
DFSV · Dimensional ETF Trust 0.09% 722,896 NS April 30, 2026 N-PORT
IVOO · VANGUARD ADMIRAL FUNDS 0.09% 477,411 SH Aug. 8, 2026 Daily
PTMC · Pacer Funds Trust 0.08% 32,832 NS April 30, 2026 N-PORT
MVV · ProShares Trust 0.07% 10,201 NS May 31, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.07% 1,423,877 NS May 31, 2026 N-PORT
VBR · VANGUARD INDEX FUNDS 0.07% 4,299,343 SH Aug. 8, 2026 Daily
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.07% 52,602 NS April 30, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.06% 800,193 NS May 31, 2026 N-PORT
AVUV · AMERICAN CENTURY ETF TRUST 0.06% 1,459,845 NS May 31, 2026 N-PORT
ESML · iShares Trust 0.06% 140,736 SH Aug. 8, 2026 Daily
MIDU · Direxion Shares ETF Trust 0.06% 4,887 NS April 30, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.05% 793,898 NS April 30, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.05% 111,389 NS April 30, 2026 N-PORT
UMDD · ProShares Trust 0.05% 1,424 NS May 31, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.05% 32,656 SH Aug. 8, 2026 Daily
ISCB · iShares Trust 0.05% 11,362 SH Aug. 8, 2026 Daily
SMMD · iShares Trust 0.05% 146,190 SH Aug. 8, 2026 Daily
NBCR · Neuberger Berman ETF Trust 0.04% 33,961 NS May 31, 2026 N-PORT
IYJ · iShares Trust 0.04% 66,066 SH Aug. 8, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.04% 3,396,432 SH Aug. 8, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.04% 6,781,271 SH Aug. 8, 2026 Daily
VGMS · VANGUARD MALVERN FUNDS 0.04% 85,000 PA Aug. 8, 2026 Daily