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 (PKG) Operating margin

Alert me on Operating margin

Packaging Corporation of America's operating margin over the twelve months to 30 June 2026 was 10.9%, down 1.4 percentage points from fiscal 2025 (12.3%). Over the past ten years it has ranged from 10.9% (fiscal 2020) to 16.8% (fiscal 2022); the current reading is higher than 18% of that period. That is above the Packaging & Containers industry median of 8.36% and above the Consumer Cyclical sector median of 3.57%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 12.3% (0.83)
FY2024 13.1% (0.64)
FY2023 13.8% (2.98)
FY2022 16.8% 0.70
FY2021 16.1% 5.19
FY2020 10.9% (4.26)
FY2019 15.1% (0.09)
FY2018 15.2% 0.75
FY2017 14.5% 0.92
FY2016 13.6% 0.49

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 11.7% 1.09
Mar 2026 10.6% 3.48
Dec 2025 7.13% (6.90)
Sep 2025 14.0% (1.34)
42 more quarters

Against its own ten years

Low 10.9% High 16.8%
Ten-year median 13.8%
Current reading's percentile 2

Operating margin against peers

Company Operating margin
REYN Reynolds Consumer Products Inc. compare 14.1%
SON Sonoco Products Company compare 13.9%
CCK Crown Holdings, Inc. compare 12.3%
AVY Avery Dennison Corporation compare 11.8%
PKG Packaging Corporation of America 10.9%
BALL Ball Corporation compare 10.3%
AMCR Amcor PLC compare 8.08%
SW Smurfit Westrock PLC compare 4.71%
IP International Paper Company compare 0.90%
Packaging & Containers industry median 8.36%
Consumer Cyclical sector median 3.57%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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