Packaging Corporation of America
NYSE•PKG
CEO: Mr. Mark W. Kowlzan
Sector: Consumer Cyclical
Industry: Packaging & Containers
Listing Date: 2000-01-28
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. The Corporate and Other segment includes corporate support staff services and related assets and liabilities; and transportation assets, such as rail cars and trucks for transportation. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
Contact Information
Market Cap
$19.30B
P/E (TTM)
25.0
19.5
Dividend Yield
2.3%
52W High
$249.51
52W Low
$172.72
52W Range
Rank23Top 9.4%
5.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$2.36B+10.13%
4-Quarter Trend
EPS
$1.13-54.06%
4-Quarter Trend
FCF
$127.60M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Sales Growth Net sales reached $8.99B USD in 2025, marking a solid 7.2% increase compared to 2024 results.
Strong Operating Cash Flow Operating cash flow provided $1.56B USD in 2025, a substantial $367M increase versus the prior year.
Underlying Profit Improvement Net income excluding special items totaled $888.0M USD in 2025, reflecting a positive $73.5M improvement.
Packaging Segment Boost Packaging segment operating income rose $23.8M to $1.13B USD, benefiting from Greif acquisition volume.
Risk Factors
UFS Demand Decline Uncoated freesheet paper shipments decreased 9.6% in 2025 due to electronic data transmission alternatives adoption.
Paper Segment Sales Drop Paper segment net sales declined 1.5% to $615.4M USD, primarily driven by lower overall product volumes.
Inflationary Cost Pressures Total company costs reached $7.7B USD in 2025; inability to fully offset price increases risks profitability.
Debt Interest Rate Exposure Total debt outstanding is $4.0B USD; $1.0B USD floating rate debt exposes interest expense volatility.
Outlook
Q1 2026 Earnings Forecast First quarter 2026 earnings expected lower than Q4 2025 due to seasonality, weather, and scheduled maintenance outages.
2026 Capital Expenditure Plan Capital investments projected between $800M USD and $870M USD for 2026, subject to economic conditions.
Fiber Cost Volatility Expected Recycled fiber usage increases in 2026, potentially leading to higher input costs and price volatility for fiber.
Peer Comparison
Revenue (TTM)
$41.69B
$24.90B
$24.30B
Gross Margin (Latest Quarter)
28429.6%
69.9%
55.6%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| RL | $20.06B | 22.0 | 34.7% | 51.4% |
| IP | $19.72B | -5.6 | -20.4% | 28.5% |
| IHG | $19.32B | 30.9 | -23.5% | 86.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.4%
Moderate Growth
4Q Net Income CAGR
-20.8%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 20, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data