Packaging Corporation of America logo

Packaging Corporation of America

PKG

NYSEConsumer CyclicalPackaging & Containers

Previous close

$252.79

+$3.23 · +1.29%

Aug 21, 4:00 PM ET

PKG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

49

Fair Value

Momentum

47

Neutral

Sentiment

67

Bullish

Risk resilience

76

Moderate Risk

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Company profile

Company website

Packaging Corporation of America (PCA) is a U.S.-based enterprise specializing in the production and sale of containerboard and corrugated packaging materials. Its operations are organized into two primary divisions: Packaging and Paper. The Packaging division offers an extensive array of containerboard and corrugated solutions. These encompass conventional shipping containers designed for safeguarding and transporting manufactured goods, vibrant multi-color boxes and point-of-sale displays aimed at enhancing product merchandising in retail environments, and honeycomb protective packaging. This segment also provides specialized packaging for perishable goods like meat and fresh produce, processed foods, beverages, and a broad spectrum of other industrial and consumer products. Its corrugated offerings reach customers through a multi-channel approach, utilizing a dedicated direct sales and marketing team, independent brokers, and various distribution partners. Meanwhile, the Paper segment focuses on manufacturing and distributing a range of commodity and specialty papers. This includes communication papers, such as standard cut-size office paper, along with specialized printing and converting papers. Sales of its white paper products are managed directly by its internal sales and marketing organization. Tracing its origins back to 1867, Packaging Corporation of America maintains its corporate headquarters in Lake Forest, Illinois.

Industry
Packaging & Containers
Sector
Consumer Cyclical
Headquarters
US
CEO
Mark W. Kowlzan
Listed since
Jan 28, 2000
Employees
16,800

Market position

Day range

Current $252.79

52-week range

Current $252.79

Open
$251.06
Previous close
$249.56
Volume
354.28K
0.5× average
Average volume
704.61K
Average daily volume
Market cap
22.52B USD
Beta
0.81
Market reference 1
50-day average
$240.73
+5.01% above average
200-day average
$221.18
+14.29% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
22.31B USD
EV / EBITDA
12.68×
Earnings yield
4.16%
Free cash flow yield
3.94%

Profitability & efficiency

Return on equity
16.72%
Return on assets
7.04%
Return on invested capital
9.44%

Financial health

Current ratio
3.17×
Altman Z-score
4.06
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%20%13%7%Gross margin, FY2021: 24.23%Gross margin, FY2022: 24.66%Gross margin, FY2023: 21.77%Gross margin, FY2024: 21.27%Gross margin, FY2025: 21.02%Operating margin, FY2021: 16.60%Operating margin, FY2022: 16.76%Operating margin, FY2023: 13.78%Operating margin, FY2024: 13.14%Operating margin, FY2025: 13.97%Net margin, FY2021: 10.88%Net margin, FY2022: 12.15%Net margin, FY2023: 9.81%Net margin, FY2024: 9.60%Net margin, FY2025: 8.55%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.23%. Gross margin FY2022 24.66%. Gross margin FY2023 21.77%. Gross margin FY2024 21.27%. Gross margin FY2025 21.02%. Operating margin FY2021 16.60%. Operating margin FY2022 16.76%. Operating margin FY2023 13.78%. Operating margin FY2024 13.14%. Operating margin FY2025 13.97%. Net margin FY2021 10.88%. Net margin FY2022 12.15%. Net margin FY2023 9.81%. Net margin FY2024 9.60%. Net margin FY2025 8.55%.

Income trends

Revenue

8.99B USD+7.23%

Operating income

1.26B USD+13.99%

Net income

768.9M USD-4.50%
Income trends across reported periods9.81B USD6.52B USD3.23B USD−57.21M USDRevenue, FY2021: 7.73B USDRevenue, FY2022: 8.48B USDRevenue, FY2023: 7.8B USDRevenue, FY2024: 8.38B USDRevenue, FY2025: 8.99B USDOperating income, FY2021: 1.28B USDOperating income, FY2022: 1.42B USDOperating income, FY2023: 1.08B USDOperating income, FY2024: 1.1B USDOperating income, FY2025: 1.26B USDNet income, FY2021: 841.1M USDNet income, FY2022: 1.03B USDNet income, FY2023: 765.2M USDNet income, FY2024: 805.1M USDNet income, FY2025: 768.9M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.73B USD. Revenue FY2022 8.48B USD. Revenue FY2023 7.8B USD. Revenue FY2024 8.38B USD. Revenue FY2025 8.99B USD. Operating income FY2021 1.28B USD. Operating income FY2022 1.42B USD. Operating income FY2023 1.08B USD. Operating income FY2024 1.1B USD. Operating income FY2025 1.26B USD. Net income FY2021 841.1M USD. Net income FY2022 1.03B USD. Net income FY2023 765.2M USD. Net income FY2024 805.1M USD. Net income FY2025 768.9M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue8.99B USD8.38B USD7.8B USD8.48B USD7.73B USD
Cost of goods sold7.1B USD6.6B USD6.1B USD6.39B USD5.86B USD
Gross profit1.89B USD1.78B USD1.7B USD2.09B USD1.87B USD
Research and development14.5M USD
Selling, general, and administrative634.2M USD610.3M USD580.9M USD608.6M USD562.3M USD
Operating expenses634.2M USD681.8M USD623.8M USD669.9M USD589.7M USD
Interest expense79.1M USD41.4M USD53.3M USD70.4M USD152.4M USD
Depreciation and amortization652.8M USD525.6M USD517.7M USD456.8M USD417.5M USD
Operating income1.26B USD1.1B USD1.08B USD1.42B USD1.28B USD
Net income768.9M USD805.1M USD765.2M USD1.03B USD841.1M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+3.48%
11 comparable reports
Latest EPS result
2.35
Estimate 2.31 · Beat by 1.73%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.032.692.362.02Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 2.47, estimate 2.53, surprise -2.37%, Miss. Q2 2025, reported Apr 22, 2025: actual 2.31, estimate 2.21, surprise +4.52%, Beat. Q3 2025, reported Jul 23, 2025: actual 2.48, estimate 2.44, surprise +1.64%, Beat. Q4 2025, reported Oct 22, 2025: actual 2.73, estimate 2.82, surprise -3.19%, Miss. Q1 2026, reported Jan 27, 2026: actual 2.32, estimate 2.41, surprise -3.73%, Miss. Q2 2026, reported Apr 22, 2026: actual 2.4, estimate 2.14, surprise +12.15%, Beat. Q3 2026, reported Jul 22, 2026: actual 2.35, estimate 2.31, surprise +1.73%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 2.91, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.72B2.48B2.24B2BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 2.15B USD, estimate 2.13B USD, surprise +0.75%, Beat. Q2 2025, reported Apr 22, 2025: actual 2.14B USD, estimate 2.11B USD, surprise +1.55%, Beat. Q3 2025, reported Jul 23, 2025: actual 2.17B USD, estimate 2.19B USD, surprise -0.83%, Miss. Q4 2025, reported Oct 22, 2025: actual 2.31B USD, estimate 2.3B USD, surprise +0.44%, Beat. Q1 2026, reported Jan 27, 2026: actual 2.36B USD, estimate 2.44B USD, surprise -2.98%, Miss. Q2 2026, reported Apr 22, 2026: actual 2.37B USD, estimate 2.43B USD, surprise -2.37%, Miss. Q3 2026, reported Jul 22, 2026: actual 2.49B USD, estimate 2.49B USD, surprise -0.11%, Miss. Q4 2026, reported Oct 28, 2026: actual —, estimate 2.61B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

9 institutions

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