Packaging Corporation of America

PKG Consumer Cyclical Packaging & Containers

Packaging Corporation of America’s revenue for fiscal 2025 (year ended December 2025) was $9.0 billion, up 7.23% from fiscal 2024. In the quarter to June 2026, revenue grew 14.7%, EPS fell 19.4%, free cash flow grew 5.30% and total debt rose 60.1%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

236.30 3.72 +1.60%
Market cap
$20.7B
P/E
30.6×
Fwd P/E
22.6×
Dividend yield
2.33%
F-score
3/9
Altman Z
3.74
Beneish M
−2.64
Dividend safety
73/100

Packaging Corporation of America 10-Q filed Aug 7, 2026

Fiscal Q2 2026 · Period ended Jun 30, 2026 · Filed · accepted 9:59 AM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed May 8, 2026: 19 added · 5 removed · 28 modified; 10 with only figures updated; 3 moved without change

  1. Modified · Overview

    PCA is the third largest producer of containerboard products and a leading producer of UFS paper in North America. We operate ten mills and 9190 corrugated products manufacturing plants. Our containerboard mills produce linerboard and corrugating medium, which are papers primarily used in the production of corrugated products. Our corrugated products manufacturing plants produce a wide variety of corrugated packaging products, including conventional shipping containers used to protect and transport manufactured goods, multi-color boxes and displays with strong visual appeal that help to merchandise the packaged product in retail locations, and honeycomb protective packaging. In addition, we are a large producer of packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. We also manufacture and sell UFS papers, including both commodity and specialty papers, which may have custom or specialized features such as colors, coatings, high brightness, and recycled content. We are headquartered in Lake Forest, Illinois and operate primarily in the United States.

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