Packaging Corporation of America PKG

237.18 (0.93) (0.39%) as of 25 Sep
Market cap
$21.2B
P/E
30.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 15.00
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — 1 — — 1 — — 3 —
Insider Ownership 2.73%

Capital & Financial Ratios

Market Cap 21,220.00
Revenue 9,534.70
Net Income 691.80
Free Cash Flow 744.10
Net Debt 3,378.90
Current Ratio 2.94
Debt/Equity 0.85
P/E ratio 30.68
P/S ratio 2.20
P/B ratio 4.50
Past 5Y EPS Growth 3.99%
This Y EPS Growth 6.48%
Next Y EPS Growth 29.92%
Next 5Y EPS Growth 13.22%
in millions of $

Dividends

Payout Ratio 0.53
Annual Dividend Rate 5.00
Annual Dividend Yield 3.01%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 7.06
1.25
1.50
1.50
2025 6.70
1.25
1.25
1.25
1.25
2024 5.00
1.25
1.25
1.25
1.25
2023 5.00
1.25
1.25
1.25
1.25
2022 4.75
1.00
1.25
1.25
1.25
2021 4.00
1.00
1.00
1.00
1.00
2020 3.37
0.79
0.79
0.79
1.00
2019 3.16
0.79
0.79
0.79
0.79
2018 3.00
0.63
0.79
0.79
0.79
2017 2.52
0.63
0.63
0.63
0.63
2016 2.36
0.55
0.55
0.63
0.63
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1,142 787 601 594
Receivables 1,038 1,154 1,284 1,463
Inventory 1,013 1,125 1,243 1,262
Other — — — —
3,254 3,233 3,214 3,424
2023 2024 2025 Q'26
Payables 402 430 471 617
ST’ Debt 400 — — —
Other — — — —
1,266 1,002 1,015 1,164
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 4.58% 6.19% 1.97%
Cash Flow 7.32% 8.56% 1.37%
Earnings 5.94% 10.95% (9.05%)
Book Value 10.90% 7.21% 7.83%

Revenue

Mar Jun Sep Dec Year
’26 2,368 2,490 — — —
’25 2,141 2,171 2,313 2,364 8,989
’24 1,980 2,075 2,182 2,146 8,383
’23 1,976 1,952 1,936 1,938 7,802
’22 2,136 2,237 2,126 1,978 8,478
’21 1,807 1,880 2,000 2,043 7,730
’20 1,709 1,542 1,694 1,714 6,658
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 329 376 — — —
’25 339 300 472 447 1,558
’24 260 278 327 325 1,191
’23 280 360 340 335 1,315
’22 325 319 431 420 1,495
’21 192 228 284 391 1,094
’20 237 227 298 271 1,033
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 165 171 — — —
’25 192 162 280 128 762
’24 184 34 181 125 523
’23 168 234 251 194 847
’22 112 135 252 173 673
’21 107 99 134 157 497
’20 166 150 196 104 616
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 1.91 2.15 — — —
’25 2.26 2.67 2.51 1.13 8.58
’24 1.63 2.21 2.64 2.45 8.93
’23 2.11 2.24 2.03 2.10 8.48
’22 2.70 3.20 2.80 2.31 11.03
’21 1.75 2.17 2.63 2.28 8.83
’20 1.49 0.59 1.46 1.30 4.84
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell
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
88.41 121.38 131.13 114.78 138.95 156.54 168.50 171.61 250.82 242.68
High Price
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
22.08% 22.82% 23.46% 23.61% 20.57% 24.23% 24.66% 21.77% 21.27% 21.02%
Gross Margin
689 829 971 917 633 1,109 1,365 1,014 1,064 1,028
EBT
11.91% 12.86% 13.84% 13.17% 9.50% 14.34% 16.10% 13.00% 12.70% 11.43%
EBT Margin
450 669 738 696 461 841 1,030 765 805 774
Net Income
366 401 420 411 468 422 459 520 528 658
Depreciation
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
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
5.70 5.67 6.73 8.66 6.55 5.28 7.29 9.51 5.87 8.53
Free CF/Sh
18.82 23.34 28.52 32.74 34.50 38.33 39.73 44.86 49.43 51.49
Book Value/Sh
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
1.38 1.79 1.11 1.51 1.95 1.66 1.41 1.87 2.39 2.05
PS Ratio
4.52 5.30 2.93 3.42 4.00 3.55 3.25 3.65 4.55 4.01
PB Ratio
1.80 2.17 1.44 1.77 2.17 1.90 1.66 2.09 2.64 2.47
EV/Sales
19.46 26.41 16.04 15.14 23.47 29.50 20.90 19.29 42.37 29.12
EV/FCF
807 856 1,180 1,207 1,033 1,094 1,495 1,315 1,191 1,558
Op' Cash Flow
(274) (326) (550) (395) (417) (597) (822) (468) (668) (795)
Capex
533 530 630 812 616 497 673 847 523 762
FCF
1,071 1,082 1,422 1,755 1,968 1,848 1,633 1,989 2,231 2,199
Working Cap'
2,666 2,649 2,501 2,555 2,494 2,484 2,484 2,881 2,481 3,972
Total Debt
2,427 2,433 2,140 1,788 1,414 1,779 2,079 1,739 1,694 3,371
Net Debt
1,760 2,183 2,672 3,071 3,246 3,607 3,667 3,997 4,404 4,598
Sh' Equity
8.06% 11.07% 11.47% 10.01% 6.24% 10.93% 12.90% 9.10% 9.13% 7.86%
ROA
11.69% 12.63% 13.87% 13.55% 9.71% 14.40% 15.45% 11.71% 11.29% 8.68%
ROIC
26.24% 33.63% 30.17% 24.07% 14.48% 24.36% 28.10% 19.81% 19.03% 17.08%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Packaging Corporation of America peers in Packaging & Containers

All 23 Packaging & Containers stocks →

PKG metrics, ten years each

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.

Source: company filings (standardised) and stockrow calculations.

Packaging Corporation of America (PKG) Latest News

News by impact score

Fine-tune

21 Sep

3

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

3

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

3

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

3

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

3

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

4

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

4

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.

3

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

3

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

3 transcript

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.

3 transcript

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.

3

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.

3 transcript

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

3

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.

3

Packaging Corporation of America reported its second quarter 2026 results. Quarterly earnings set near-term stock valuation and investor outlook.

15 Jul

3

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

4

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

3

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

4

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

4

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

3

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

4

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.

4

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.

3

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

4

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.

4 transcript

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.

4

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.

4

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

4

Packaging Corp. (PKG) Q1 earnings topped estimates. Q1 earnings exceeding estimates signals strong financial performance, likely enhancing investor sentiment and stock trajectory.

3

Packaging Corp. (PKG) Q1 earnings topped estimates. Q1 earnings beating estimates moderately boosts PKG's financial performance and investor sentiment.

stockrow.com/PKG · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com