Packaging Corporation of America PKG
- Market cap
- $21.2B
- P/E
- 30.7×
Follow PKG
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44.32 | 84.01 | 77.90 | 81.87 | 71.05 | 124.78 | 110.56 | 122.20 | 159.57 | 172.72 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 88.41 | 121.38 | 131.13 | 114.78 | 138.95 | 156.54 | 168.50 | 171.61 | 250.82 | 242.68 |
High Price
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| 14,000 | 14,600 | 15,000 | 15,500 | 15,200 | 15,200 | 15,100 | 14,900 | 15,400 | 16,800 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| 5,779 | 6,445 | 7,015 | 6,964 | 6,658 | 7,730 | 8,478 | 7,802 | 8,383 | 8,989 |
Revenue
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| 22.08% | 22.82% | 23.46% | 23.61% | 20.57% | 24.23% | 24.66% | 21.77% | 21.27% | 21.02% |
Gross Margin
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| 689 | 829 | 971 | 917 | 633 | 1,109 | 1,365 | 1,014 | 1,064 | 1,028 |
EBT
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| 11.91% | 12.86% | 13.84% | 13.17% | 9.50% | 14.34% | 16.10% | 13.00% | 12.70% | 11.43% |
EBT Margin
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| 450 | 669 | 738 | 696 | 461 | 841 | 1,030 | 765 | 805 | 774 |
Net Income
|
|||
| 366 | 401 | 420 | 411 | 468 | 422 | 459 | 520 | 528 | 658 |
Depreciation
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| 61.81 | 68.93 | 74.86 | 74.25 | 70.76 | 82.15 | 91.85 | 87.57 | 94.09 | 100.66 |
Revenue/Sh
|
|||
| 4.75 | 7.09 | 7.82 | 7.36 | 4.86 | 8.87 | 11.08 | 8.52 | 8.97 | 8.61 |
Earnings/Sh
|
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| 8.63 | 9.16 | 12.59 | 12.87 | 10.98 | 11.63 | 16.20 | 14.76 | 13.37 | 17.44 |
Cash Flow/Sh
|
|||
| (2.93) | (3.49) | (5.87) | (4.22) | (4.43) | (6.35) | (8.91) | (5.25) | (7.50) | (8.91) |
Capex/Sh
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| 5.70 | 5.67 | 6.73 | 8.66 | 6.55 | 5.28 | 7.29 | 9.51 | 5.87 | 8.53 |
Free CF/Sh
|
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| 18.82 | 23.34 | 28.52 | 32.74 | 34.50 | 38.33 | 39.73 | 44.86 | 49.43 | 51.49 |
Book Value/Sh
|
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| 94 | 94 | 94 | 94 | 94 | 94 | 92 | 89 | 89 | 89 |
Shares
|
|||
| 17.89 | 17.43 | 10.67 | 15.20 | 28.32 | 15.37 | 11.67 | 19.24 | 25.10 | 24.01 |
PE Ratio
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|||
| 1.38 | 1.79 | 1.11 | 1.51 | 1.95 | 1.66 | 1.41 | 1.87 | 2.39 | 2.05 |
PS Ratio
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| 4.52 | 5.30 | 2.93 | 3.42 | 4.00 | 3.55 | 3.25 | 3.65 | 4.55 | 4.01 |
PB Ratio
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| 1.80 | 2.17 | 1.44 | 1.77 | 2.17 | 1.90 | 1.66 | 2.09 | 2.64 | 2.47 |
EV/Sales
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| 19.46 | 26.41 | 16.04 | 15.14 | 23.47 | 29.50 | 20.90 | 19.29 | 42.37 | 29.12 |
EV/FCF
|
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| 807 | 856 | 1,180 | 1,207 | 1,033 | 1,094 | 1,495 | 1,315 | 1,191 | 1,558 |
Op' Cash Flow
|
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| (274) | (326) | (550) | (395) | (417) | (597) | (822) | (468) | (668) | (795) |
Capex
|
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| 533 | 530 | 630 | 812 | 616 | 497 | 673 | 847 | 523 | 762 |
FCF
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| 1,071 | 1,082 | 1,422 | 1,755 | 1,968 | 1,848 | 1,633 | 1,989 | 2,231 | 2,199 |
Working Cap'
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| 2,666 | 2,649 | 2,501 | 2,555 | 2,494 | 2,484 | 2,484 | 2,881 | 2,481 | 3,972 |
Total Debt
|
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| 2,427 | 2,433 | 2,140 | 1,788 | 1,414 | 1,779 | 2,079 | 1,739 | 1,694 | 3,371 |
Net Debt
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| 1,760 | 2,183 | 2,672 | 3,071 | 3,246 | 3,607 | 3,667 | 3,997 | 4,404 | 4,598 |
Sh' Equity
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| 8.06% | 11.07% | 11.47% | 10.01% | 6.24% | 10.93% | 12.90% | 9.10% | 9.13% | 7.86% |
ROA
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| 11.69% | 12.63% | 13.87% | 13.55% | 9.71% | 14.40% | 15.45% | 11.71% | 11.29% | 8.68% |
ROIC
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| 26.24% | 33.63% | 30.17% | 24.07% | 14.48% | 24.36% | 28.10% | 19.81% | 19.03% | 17.08% |
ROE
|
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Packaging Corporation of America peers in Packaging & Containers
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| AMCR Amcor PLC | $19.4B | 17.9× | Compare |
| SW Smurfit Westrock PLC | $24.1B | 48.9× | Compare |
| IP International Paper Company | $18.4B | 0.0× | Compare |
| BALL Ball Corporation | $15.0B | 16.1× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| AVY Avery Dennison Corporation | $12.8B | 18.7× | Compare |
| CCK Crown Holdings, Inc. | $11.5B | 15.5× | Compare |
| SON Sonoco Products Company | $4.9B | 8.0× | Compare |
| REYN Reynolds Consumer Products Inc. | $4.6B | 13.2× | Compare |
PKG metrics, ten years each
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
Packaging Corporation of America (PKG) key facts
- Packaging Corporation of America (PKG) is a Packaging & Containers company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
- Packaging Corporation of America’s revenue for fiscal 2025 (year ended December 2025) was $9.0 billion, up 7.23% from fiscal 2024.
- Net income was $774.1 million, or $8.61 per share (basic), a net margin of 8.55%.
- As of September 25, 2026, PKG traded at $237.18, a market capitalization of $21.2 billion.
- At that price the stock trades at 30.7× trailing-twelve-month earnings and 2.2× sales.
- Packaging Corporation of America pays an annual dividend of $5.00 per share, a yield of 3.01%, with a payout ratio of 52.8%.
- Return on equity was 17.1% and debt-to-equity 0.85.
Packaging Corporation of America (PKG) Latest News
21 Sep
Packaging Corporation of America (PKG) is a Lake Forest-based large-cap maker of corrugated packaging and containerboard with roughly $20.7 billion. It benefits from an integrated mill network and energy-efficient production. PKG has fallen 10.5% from its Aug. 13, 2026 52-week high of $259.98 and -1.6% over the past three months, while the Nasdaq has edged higher. Year-to-date, PKG is up about 12.9% and 52 weeks up 8.8%, behind Nasdaq gains of roughly 14.1% YTD and 18% over the past year. The stock sits above its 200-day average but below its 50-day, signaling weakening momentum. In Q2 2026, total corrugated shipments rose 24.3% YoY aided by the Greif acquisition, yet diluted EPS ex-items fell 5.2% to $2.35, with higher freight, labor, and fiber costs weighing on profitability; packaging segment operating income rose 1.9% to $327.8 million. Analysts rate PKG as Moderately Buy, with a mean target of $261.58 (~12% upside). Q2 mixed results with rising costs and declining EPS suggest a moderate near-term drag, balanced by volume gains from acquisitions and analyst upside.
8 Sep
Judge denies motion to dismiss containerboard price-fixing lawsuit against Packaging Corporation of America, allowing case to proceed. Denial allows price-fixing lawsuit to continue, exposing PKG to potential legal costs and market pressure.
12 Aug
Amcor's Q4 earnings exceeded estimates due to the Berry Global acquisition. Amcor's Berry Global acquisition bolsters a direct packaging industry competitor to PKG.
11 Aug
Pricing actions dominate quarterly fiber discussions at Packaging Corporation of America. Pricing moves in fiber operations may moderately influence PKG revenue and margins without fundamentally shifting long-term trajectory.
10 Aug
Packaging Corporation of America Q2 results are benchmarked against other industrial packaging stocks. Q2 results offer moderate insight into PKG financials and positioning without indicating major strategic shifts.
27 Jul
Packaging Corporation of America implements a $140 per ton containerboard price increase viewed as unprecedented in the industry. Unprecedented $140/ton containerboard price hike signals major revenue boost and stronger margins for Packaging Corporation of America.
25 Jul
Packaging Corporation of America shares rose 9.1% on record shipments and a containerboard price hike. Record shipments and containerboard price increases directly improve revenues and signal sustained pricing power.
Packaging Corporation of America posts strong earnings supported by higher prices but appears fully valued with limited further upside. Strong earnings and higher prices improve near-term results yet full valuation caps material long-term trajectory shifts.
24 Jul
Packaging Corporation of America states the containerboard market stays tight with rising demand. Reiteration of tight market conditions and higher demand signals favorable pricing and volume prospects for the company.
23 Jul
Packaging Corporation of America Q2 earnings call highlighted revenue, margins, and operational updates with forward guidance. Quarterly earnings details typically produce moderate short-term effects on valuation and sentiment.
Packaging Corp of America reported strong sales growth during its Q2 2026 earnings call amid ongoing market conditions. Strong Q2 2026 sales growth signals moderately positive effects on financial performance and market sentiment.
Packaging Corporation of America beat Q2 earnings estimates on record shipments. Record shipments and earnings beat point to stronger quarterly results that can lift near-term stock sentiment and operational outlook.
Packaging Corporation of America reported Q2 2026 results and outlook on its earnings call. Quarterly earnings and guidance typically drive moderate short-term stock movement.
22 Jul
Packaging Corp. (PKG) Q2 earnings are compared to analyst estimates across key metrics such as revenue and EPS. Q2 earnings comparison delivers updated financial data that can shift short-term investor views on PKG.
Packaging Corporation of America reported its second quarter 2026 results. Quarterly earnings set near-term stock valuation and investor outlook.
15 Jul
Packaging Corporation of America (PKG) Q2 earnings expected to decline. Expected Q2 earnings decline for PKG may pressure stock performance and investor sentiment.
21 May
Packaging Corporation of America receives updated targets and guidance that shift its outlook and market narrative. New targets and guidance alter investor views and can drive material changes in PKG valuation and trajectory.
20 May
UBS notes Packaging Corporation of America is positioned to gain from pricing power amid tight supply conditions. UBS highlights PKG pricing strength in tight markets supporting margins and near-term performance.
12 May
Packaging Corporation of America (PKG) announces a 20% increase in its dividend. A 20% dividend increase signals strong financial health and future earnings confidence, significantly boosting investor sentiment and stock performance.
4 May
Producers, including Packaging Corporation of America (PKG), launched a second wave of containerboard price increases effective in 2026. Containerboard price hikes strengthen PKG's revenue potential and market position amid industry-wide adjustments.
30 Apr
IP missed Q1 earnings estimates and lowered its 2026 EBITDA view due to higher costs. International Paper's earnings miss and lowered long-term EBITDA guidance due to higher costs signal potential industry-wide pressures affecting PKG's financial performance.
24 Apr
Packaging Corporation of America (PKG) released Q1 earnings call highlights, covering financial results, segment performance, demand trends, cost management, and outlook amid containerboard market dynamics. Q1 earnings highlights reveal financial performance and guidance influencing PKG's stock trajectory and investor confidence.
Packaging Corporation of America (PKG) reported strong revenue growth in Q1 2026 earnings call highlights. Strong Q1 2026 revenue growth signals significant positive shift in PKG's financial trajectory and investor sentiment.
Packaging Corporation of America (PKG) posted strong Q1 sales volumes, countered by escalating cost pressures and integration challenges from recent acquisitions. Robust sales volumes boost revenue, but cost inflation and integration hurdles limit profitability and near-term outlook.
23 Apr
Packaging Corporation of America (PKG) Q1 earnings beat estimates, driven by favorable pricing and product mix. Q1 earnings beat on pricing and mix boosts financial results and investor sentiment significantly.
Packaging Corporation of America (PKG) released its Q1 2026 earnings call transcript, detailing quarterly financial results, operational updates, and management's forward guidance. Q1 2026 earnings transcript discloses financial performance, strategic initiatives, and outlook that can significantly sway investor sentiment and stock trajectory.
Packaging Corporation of America (PCA) expects strong Q1 demand to persist through 2026. Continued strong demand forecast into 2026 enhances PKG's revenue outlook and investor sentiment significantly.
Packaging Corporation of America reported Q1 2026 earnings call results, covering financial performance, operational updates, and future outlook. Q1 earnings call summary reveals financial results and guidance that significantly shape PKG's market performance and investor expectations.
22 Apr
Packaging Corp. (PKG) Q1 earnings topped estimates. Q1 earnings exceeding estimates signals strong financial performance, likely enhancing investor sentiment and stock trajectory.
Packaging Corp. (PKG) Q1 earnings topped estimates. Q1 earnings beating estimates moderately boosts PKG's financial performance and investor sentiment.