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.

NYSEConsumer CyclicalPackaging & Containers
Latest quote
$226.74
−$0.515 · -0.23%
Regular session
$226.73
−$0.52 · -0.23%
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
49
Fair Value
Sentiment
67
Bullish
Risk
24
Moderate Risk
Momentum
47
Neutral
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Thesis, catalysts, evidence, and risk analysis.
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.
Day range
Current $226.73
52-week range
Current $226.73
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 8.99B USD | 8.38B USD | 7.8B USD | 8.48B USD | 7.73B USD |
| Cost of goods sold | 7.1B USD | 6.6B USD | 6.1B USD | 6.39B USD | 5.86B USD |
| Gross profit | 1.89B USD | 1.78B USD | 1.7B USD | 2.09B USD | 1.87B USD |
| Research and development | — | — | — | — | 14.5M USD |
| Selling, general, and administrative | 634.2M USD | 610.3M USD | 580.9M USD | 608.6M USD | 562.3M USD |
| Operating expenses | 634.2M USD | 681.8M USD | 623.8M USD | 669.9M USD | 589.7M USD |
| Interest expense | 79.1M USD | 41.4M USD | 53.3M USD | 70.4M USD | 152.4M USD |
| Depreciation and amortization | 652.8M USD | 525.6M USD | 517.7M USD | 456.8M USD | 417.5M USD |
| Operating income | 1.26B USD | 1.1B USD | 1.08B USD | 1.42B USD | 1.28B USD |
| Net income | 768.9M USD | 805.1M USD | 765.2M USD | 1.03B USD | 841.1M USD |
Company facts updated Oct 8, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$272.43
20.16% upsideCash distributions grouped by calendar year; partial years are marked.
$5.00
2025 complete year+25.0% since 2021
2026 partial: $4.25
$4.00
2,021
$4.75
2,022
$5.00
2,023
$5.00
2,024
$5.00
2,025
$4.25
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Sep 15, 2026 | $1.50Quarterly | Sep 15, 2026 | Oct 15, 2026 |
Dividend | Jun 15, 2026 | $1.50Quarterly | Jun 15, 2026 | Jul 15, 2026 |
Dividend | Mar 13, 2026 | $1.25Quarterly | Mar 13, 2026 | Apr 15, 2026 |
Dividend | Dec 15, 2025 | $1.25Quarterly | Dec 15, 2025 | Jan 14, 2026 |
Dividend | Sep 15, 2025 | $1.25Quarterly | Sep 15, 2025 | Oct 15, 2025 |
Dividend | Jun 13, 2025 | $1.25Quarterly | Jun 13, 2025 | Jul 15, 2025 |
Ex-dividend Sep 15, 2026
$1.50
Quarterly
Record Sep 15, 2026 · Payment Oct 15, 2026
Ex-dividend Jun 15, 2026
$1.50
Quarterly
Record Jun 15, 2026 · Payment Jul 15, 2026
Ex-dividend Mar 13, 2026
$1.25
Quarterly
Record Mar 13, 2026 · Payment Apr 15, 2026
Ex-dividend Dec 15, 2025
$1.25
Quarterly
Record Dec 15, 2025 · Payment Jan 14, 2026
Ex-dividend Sep 15, 2025
$1.25
Quarterly
Record Sep 15, 2025 · Payment Oct 15, 2025
Ex-dividend Jun 13, 2025
$1.25
Quarterly
Record Jun 13, 2025 · Payment Jul 15, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
State Street SPDR S&P 500 ETF1557.T39.21B0.03%129.41T JPY0.09%¥122,700-0.57%
Vanguard Morningstar Total Stock Market ETFVTI662.13M0.03%2.3T USD0.03%$380.31-0.19%
Vanguard S&P 500 ETFVOO550.22M0.03%1.8T USD0.03%$713.28-0.15%
Vanguard Morningstar Mid-Cap ETFVO450.86M0.20%226.4B USD0.03%$80.08-0.07%
iShares Core S&P 500 ETFIVV267.7M0.03%899.63B USD0.03%$779.46-0.14%
State Street Materials Select Sector SPDR ETFXLB252.8M3.24%7.86B USD0.08%$48.92-0.12%
State Street SPDR S&P 500 ETFSPY247.63M0.03%819.04B USD0.09%$775.99-0.16%
Vanguard Morningstar Value ETFVTV199.01M0.08%262.4B USD0.03%$217.95-0.12%
State Street SPDR S&P 500 ETF1557.T
Vanguard Morningstar Total Stock Market ETFVTI
Vanguard S&P 500 ETFVOO
Vanguard Morningstar Mid-Cap ETFVO
iShares Core S&P 500 ETFIVV
State Street Materials Select Sector SPDR ETFXLB
State Street SPDR S&P 500 ETFSPY
Vanguard Morningstar Value ETFVTVAI-generated and delayed market data for informational and educational purposes only. Not investment advice.