Packaging Corp of America (PKG) Financial Statements
Industry: Paperboard Containers & Boxes
In fiscal 2025, Packaging Corp of America reported revenue of $8.99B, up 7.2% from $8.38B the year before. Net income was $774.1M (a 8.6% net margin), or $8.58 per diluted share. Gross margin was 21.0% and operating margin was 12.3%. Operating activities generated $1.56B of cash, leaving $728.6M of free cash flow. At fiscal year end, Packaging Corp of America held $10.73B in total assets against $6.13B in total liabilities, including $529.0M of cash and equivalents.
Open the full interactive Packaging Corp of America financials → Quarterly statements, key ratios, valuation history and price charts.
Packaging Corp of America Key Stats
| Share Price | $231.65 |
|---|---|
| Market Cap | $20.62B |
| P/E Ratio | 27.0 |
| Revenue YoY Growth | +7.2% |
| 52-Week Range | $186.94 – $255.77 |
| Shares Outstanding | 88.5 million (basic, 2026 Q2) |
Packaging Corp of America Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $6.66B | $7.73B | $8.48B | $7.80B | $8.38B | $8.99B |
| Cost of Goods Sold | $5.29B | $5.86B | $6.39B | $6.10B | $6.60B | $7.10B |
| Gross Profit | $1.37B | $1.87B | $2.09B | $1.70B | $1.78B | $1.89B |
| Operating Income | $723.9M | $1.24B | $1.42B | $1.08B | $1.10B | $1.11B |
| Pre-Tax Income | $632.7M | $1.11B | $1.36B | $1.01B | $1.06B | $1.03B |
| Income Tax | $171.7M | $267.6M | $335.0M | $248.9M | $259.3M | $253.7M |
| Net Income | $461.0M | $841.1M | $1.03B | $765.2M | $805.1M | $774.1M |
| Diluted EPS | $4.84 | $8.83 | $11.03 | $8.48 | $8.93 | $8.58 |
Packaging Corp of America Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.31B | $2.36B | $2.37B | $2.49B |
| Net Income | $226.9M | $101.9M | $170.9M | $192.1M |
| Diluted EPS | $2.51 | $1.14 | $1.91 | $2.15 |
Packaging Corp of America Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $974.6M | $618.7M | $320.0M | $648.0M | $685.0M | $529.0M |
| Current Assets | $2.75B | $2.73B | $2.51B | $3.25B | $3.23B | $3.21B |
| Total Assets | $7.43B | $7.84B | $8.00B | $8.68B | $8.83B | $10.73B |
| Current Liabilities | $782.6M | $884.8M | $875.5M | $1.27B | $1.00B | $1.02B |
| Total Long-Term Debt | $2.49B | $2.49B | $2.49B | $2.87B | $2.49B | $3.99B |
| Total Liabilities | $4.19B | $4.23B | $4.34B | $4.68B | $4.43B | $6.13B |
| Shareholders' Equity | $3.25B | $3.61B | $3.67B | $4.00B | $4.40B | $4.60B |
Packaging Corp of America Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.03B | $1.09B | $1.50B | $1.32B | $1.19B | $1.56B |
| Cash From Investing | -$426.1M | -$794.4M | -$833.7M | -$875.1M | -$277.8M | -$2.57B |
| Cash From Financing | -$311.6M | -$655.6M | -$960.0M | -$112.0M | -$876.4M | $859.4M |
| Free Cash Flow | $611.6M | $489.0M | $670.8M | $845.4M | $521.5M | $728.6M |
Figures from Packaging Corp of America's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Packaging Corp of America financials page for every line item.
Packaging Corp of America Company Profile
| Ticker | PKG |
|---|---|
| Exchange | NYSE |
| Industry | Paperboard Containers & Boxes |
| Headquarters | Lake Forest, Illinois |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000075677 |
Frequently Asked Questions
What was Packaging Corp of America's revenue in fiscal 2025?
Packaging Corp of America (PKG) reported revenue of $8.99B for fiscal 2025.
What is Packaging Corp of America's annual revenue history?
Packaging Corp of America's annual revenue by fiscal year: 2020: $6.66B; 2021: $7.73B; 2022: $8.48B; 2023: $7.80B; 2024: $8.38B; 2025: $8.99B.
What was Packaging Corp of America's net income in fiscal 2025?
Packaging Corp of America reported net income of $774.1M for fiscal 2025.
What was Packaging Corp of America's earnings per share (EPS) in fiscal 2025?
Packaging Corp of America's diluted EPS was $8.58 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Packaging Corp of America generate in fiscal 2025?
Packaging Corp of America generated $728.6M of free cash flow in fiscal 2025.
What was Packaging Corp of America's revenue last quarter?
In its most recent reported quarter (2026 Q2), Packaging Corp of America reported revenue of $2.49B.
How much debt does Packaging Corp of America have?
Packaging Corp of America reported $3.99B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Packaging Corp of America are outstanding?
Packaging Corp of America reported a weighted average of 88.5 million basic shares outstanding in 2026 Q2.
What is Packaging Corp of America's market cap?
Based on its latest closing price, Packaging Corp of America (PKG) has a market capitalization of about $20.62B.
When does Packaging Corp of America's fiscal year end?
Packaging Corp of America's fiscal year end, as registered with the SEC, is December 31.
Where is Packaging Corp of America headquartered?
Packaging Corp of America lists its business address in Lake Forest, Illinois in its SEC filings.