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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
1 North Field Court, Lake Forest, IL, 60045, United States
847-482-3000
www.packagingcorp.com
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
54%
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)

BBY stock ticker logoBBY
$41.69B
+0.4%
IP stock ticker logoIP
$24.90B
+33.7%
GPC stock ticker logoGPC
$24.30B
+3.5%

Gross Margin (Latest Quarter)

DKS stock ticker logoDKS
28429.6%
-2.6pp
RL stock ticker logoRL
69.9%
+1.0pp
LULU stock ticker logoLULU
55.6%
-2.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
RL$20.06B22.034.7%51.4%
IP$19.72B-5.6-20.4%28.5%
IHG$19.32B30.9-23.5%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
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Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
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LTM
No Data