Packaging Corp of America

US · PKG #912 by market cap Listed 1970

227.25 -2.49 -1.08%

Live - 5344 symbols - heartbeat 212s ago · 2026-10-08 07:36

Pre-market 227.25 0.00%

After-hours 227.25 0.00%

Market cap: 20.25B
P/E (TTM): 29.51
P/B: 4.34
EPS: 8.58
Div yield: 2.31%
52W pos: 57%

Reader sentiment Are you bullish or bearish on PKG?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 3.97, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +7.23% YoY

Margins

Gross margin: 21.02%
Operating margin: 13.97%
Net margin: 8.55%

Key ratios & quality

Enterprise value: 23.72B
Altman Z-Score: 3.97

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	7.01B	6.96B	6.66B	7.73B	8.48B	7.80B	8.38B	8.99B
Gross profit	1.65B	1.64B	1.37B	1.87B	2.09B	1.70B	1.78B	1.89B
Selling & admin expenses	536.40M	557.60M	539.60M	576.80M	608.60M	580.90M	610.30M	634.20M
Research & development	--	--	--	--	--	--	--	--
Operating profit	1.11B	1.09B	829.80M	1.30B	1.48B	1.12B	1.17B	1.26B
Pretax profit	970.50M	917.00M	632.70M	1.11B	1.36B	1.01B	1.06B	1.03B
Tax	232.50M	220.60M	171.70M	267.60M	335.00M	248.90M	259.30M	253.70M
Net profit	738.00M	696.40M	461.00M	841.10M	1.03B	765.20M	805.10M	774.10M
Basic EPS	8	7	5	9	11	9	9	9
Diluted EPS	7.80	7.34	4.84	8.83	11.03	8.48	8.93	8.58

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	2.14B	2.17B	2.31B	2.36B	2.37B	2.49B
Gross profit	454.70M	483.00M	504.30M	447.50M	452.90M	512.50M
Selling & admin expenses	161.40M	153.20M	154.30M	165.30M	180.30M	179.30M
Research & development	--	--	--	--	--	--
Operating profit	293.30M	329.80M	350.00M	282.20M	272.60M	333.20M
Pretax profit	267.40M	320.60M	305.20M	134.50M	219.80M	259.00M
Tax	63.60M	79.10M	78.30M	32.70M	48.90M	66.90M
Net profit	203.80M	241.50M	226.90M	101.80M	170.90M	192.10M
Basic EPS	2	3	3	1	2	2
Diluted EPS	2.26	2.67	2.51	1.13	1.91	2.15

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	2.12B	2.48B	2.75B	2.73B	2.51B	3.25B	3.23B	3.21B
Cash & ST investments	361.50M	767.40M	1.08B	704.80M	405.20M	1.14B	787.00M	600.80M
Inventory	795.60M	794.10M	787.90M	902.50M	977.30M	1.01B	1.12B	1.24B
Total assets	6.57B	7.24B	7.43B	7.84B	8.00B	8.68B	8.83B	10.73B
Total current liabilities	693.60M	723.80M	782.60M	884.80M	875.50M	1.27B	1.00B	1.02B
Short-term debt	1.40M	64.10M	70.50M	68.80M	74.10M	480.20M	82.60M	102.10M
Long-term debt	2.48B	2.48B	2.48B	2.47B	2.47B	2.47B	2.47B	3.97B
Total liabilities	3,897,300,000.00	4,164,800,000.00	4,186,900,000.00	4,229,600,000.00	4,336,700,000.00	4,683,800,000.00	4,429,200,000.00	6,127,500,000.00
Total equity	2.67B	3.07B	3.25B	3.61B	3.67B	4.00B	4.40B	4.60B
Retained earnings	2.32B	2.70B	2.84B	3.10B	3.19B	3.45B	3.78B	3.93B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	3.30B	3.34B	3.50B	3.21B	3.26B	3.42B
Cash & ST investments	843.10M	880.30M	728.70M	600.80M	543.70M	593.80M
Inventory	1.14B	1.14B	1.28B	1.24B	1.26B	1.26B
Total assets	8.97B	9.04B	10.98B	10.73B	10.78B	11.02B
Total current liabilities	1.01B	943.00M	1.11B	1.02B	1.06B	1.16B
Short-term debt	86.30M	88.90M	98.20M	102.10M	104.40M	106.80M
Long-term debt	2.47B	2.48B	3.97B	3.97B	3.97B	3.97B
Total liabilities	4,470,600,000.00	4,409,100,000.00	6,224,500,000.00	6,127,500,000.00	6,190,100,000.00	6,353,600,000.00
Total equity	4.50B	4.63B	4.76B	4.60B	4.59B	4.66B
Retained earnings	3.85B	3.97B	4.09B	3.93B	3.91B	3.96B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	1.18B	1.21B	1.03B	1.09B	1.50B	1.32B	1.19B	1.56B
Depreciation & amortization	410.90M	387.50M	409.90M	417.50M	456.80M	517.70M	525.60M	652.80M
Free cash flow	628.70M	807.90M	611.60M	489.00M	670.80M	845.40M	521.50M	728.60M
Dividends paid	-268.10M	-298.70M	-299.60M	-379.80M	-420.30M	-448.90M	-448.80M	-449.60M
Stock buybacks / issuance	-7.90M	-8.20M	-10.50M	-205.90M	-538.00M	-57.20M	-25.70M	-176.60M
Ending cash balance	361.50M	679.50M	974.60M	618.70M	320.00M	648.00M	685.00M	529.00M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	339.10M	299.60M	472.20M	446.60M	329.30M	376.00M
Depreciation & amortization	138.00M	140.60M	152.60M	221.60M	225.20M	176.30M
Free cash flow	191.00M	129.90M	280.10M	127.60M	164.60M	170.10M
Dividends paid	-112.30M	-112.40M	-112.40M	-112.50M	-111.90M	-111.30M
Stock buybacks / issuance	-15.40M	-7.70M	-300.00K	-153.20M	-87.80M	-800.00K
Ending cash balance	751.70M	787.90M	634.00M	529.00M	397.10M	442.80M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	30.17	24.07	14.48	24.36	28.10	19.81	19.03	17.08
ROA %	11.47	10.01	6.24	10.93	12.90	9.10	9.13	7.86
ROIC %	16.11	14.37	8.92	15.42	16.80	11.73	11.58	10.27
5-year avg ROE %	28.86	28.29	25.72	25.34	24.23	22.16	21.15	21.68
EBIT margin %	15.22	15.02	10.91	16.31	16.93	13.68	13.19	12.31
FCF / sales %	8.96	11.60	9.19	6.33	7.91	10.84	6.22	8.11
Current ratio	3.05	3.42	3.51	3.09	2.86	2.57	3.23	3.17
Quick ratio	1.85	2.27	2.45	2.02	1.68	1.72	1.94	1.86
Debt / assets	38.09	37.79	36.83	34.87	34.90	36.55	31.38	40.70
LT debt / equity	93.60	86.96	82.17	73.84	74.15	67.37	61.06	92.71
Interest coverage	10.98	8.12	7.77	8.27	20.39	20.03	26.71	13.99
Revenue CAGR (3Y) %	6.90	6.42	1.09	3.29	6.78	5.43	2.74	1.97
Net income CAGR (3Y) %	19.10	15.70	-11.66	4.46	13.93	18.40	-1.45	-9.08
FCF CAGR (3Y) %	11.45	14.90	6.03	-8.04	-6.01	11.39	2.17	2.79

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	20.07	20.51	19.68	17.08	16.21	14.79
ROA %	9.60	9.97	8.99	7.86	7.46	6.85
ROIC %	12.28	12.69	11.54	10.27	9.98	9.41
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	13.91	14.42	14.16	12.31	11.71	10.88
FCF / sales %	6.19	7.24	8.27	8.11	7.62	7.79
Current ratio	3.28	3.54	3.16	3.17	3.07	2.94
Quick ratio	1.99	2.21	1.93	1.86	1.79	1.77
Debt / assets	31.24	31.09	39.68	40.70	40.52	39.98
LT debt / equity	60.37	58.76	89.55	92.71	92.91	92.18
Interest coverage	26.60	26.22	21.82	13.99	10.92	8.71
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Packaging is the largest reported line at 92.83% of revenue, across 4 reported segments.
The next-largest line, Paper, is a distant second at 6.32% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Packaging92.83%

Paper6.32%

Corporate and Other2.53%

Quote time 2026-10-08 07:36:41 · For reference only, not investment advice and not tailored to your situation.