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Friday 6 November 2026 Export PKG’s income statement to Excel — free account

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.

Revenue
+12.5%
EPS
+16.7%
Free cash flow
+5.30%
Total debt
+60.1%

Quarter to September 2026, against a year earlier

248.28 0.52 −0.21%
Market cap
$22.2B
P/E
30.4×
Fwd P/E
26.2×
Dividend yield
2.22%
F-score
3/9
Altman Z
3.74
Beneish M
−2.64
Dividend safety
73/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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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 September 2026 was 11.2%, down 1.2 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 6.42% and above the Consumer Cyclical sector median of 3.88%.

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)
Sep 2026 14.8% 3.11
Jun 2026 11.7% 1.09
Mar 2026 10.6% 3.48
Dec 2025 7.13% (6.90)
43 more quarters

Against its own ten years

Low 10.9% High 16.8%
Ten-year median 13.8%
Current reading's percentile 9

Operating margin against peers

Company Operating margin
REYN Reynolds Consumer Products Inc. compare 13.4%
CCK Crown Holdings, Inc. compare 12.0%
AVY Avery Dennison Corporation compare 11.7%
PKG Packaging Corporation of America 11.2%
AMCR Amcor PLC compare 8.08%
BALL Ball Corporation compare 6.10%
SW Smurfit Westrock PLC compare 4.57%
IP International Paper Company compare 2.85%
SON Sonoco Products Company compare 2.74%
Packaging & Containers industry median 6.42%
Consumer Cyclical sector median 3.88%
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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