Packaging Corporation of AmericaPKGEarnings & Financial Report
Packaging Corporation of America is an American manufacturing company based in Lake Forest, Illinois. The company has about 15,500 employees, with operations primarily in the United States. The CEO is Mark W. Kowlzan.
Revenue
$2.1B
Gross Profit
$437.7M
Operating Profit
$276.0M
Net Profit
$198.9M
Gross Margin
21.1%
Operating Margin
13.3%
Net Margin
9.6%
YoY Growth
6.3%
EPS
$2.21
Packaging Corporation of America Q2 FY2024 Financial Summary
Packaging Corporation of America reported revenue of $2.1B (up 6.3% YoY) for Q2 FY2024, with a net profit of $198.9M (down 1.9% YoY) (9.6% margin). Cost of goods sold was $1.6B, operating expenses totaled $161.7M.
Key Financial Metrics
| Total Revenue | $2.1B |
|---|---|
| Net Profit | $198.9M |
| Gross Margin | 21.1% |
| Operating Margin | 13.3% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Packaging Corporation of America Q2 FY2024 revenue of $2.1B breaks down across 3 segments, led by Trade at $1.9B (91.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Trade | $1.9B | 91.6% |
| Paper | $150.1M | 7.2% |
| Intersegment | $6.3M | 0.3% |
Packaging Corporation of America Revenue by Segment — Quarterly Trend
Packaging Corporation of America revenue by segment across the last 4 reported quarters, showing how each business line (such as Trade and Paper) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Paper | — | $154.2M | $161.2M | $145.8M |
| Intersegment | — | $37.1M | $38.3M | $38.8M |
Packaging Corporation of America Annual Revenue by Year
Packaging Corporation of America annual revenue history includes year-by-year totals (for example, 2025 revenue was $9.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $9.0B |
| 2024 | $8.4B |
| 2023 | $7.8B |
| 2022 | $8.5B |
Packaging Corporation of America Quarterly Revenue & Net Profit History
Packaging Corporation of America results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.4B | +10.6% | $170.9M | 7.2% |
| Q4 FY2025 | $2.4B | +10.1% | $101.9M | 4.3% |
| Q3 FY2025 | $2.3B | +6.0% | $226.9M | 9.8% |
| Q2 FY2025 | $2.2B | +4.6% | $241.5M | 11.1% |
| Q1 FY2025 | $2.1B | +8.2% | $203.8M | 9.5% |
| Q4 FY2024 | $2.1B | +10.7% | $221.2M | 10.3% |
| Q3 FY2024 | $2.2B | +12.7% | $238.1M | 10.9% |
| Q2 FY2024 | $2.1B | +6.3% | $198.9M | 9.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.08B | $2.18B | $2.15B | $2.14B | $2.17B | $2.31B | $2.36B | $2.37B |
| YoY Growth | 6.3% | 12.7% | 10.7% | 8.2% | 4.6% | 6.0% | 10.1% | 10.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.98B | $8.75B | $8.83B | $8.97B | $9.04B | $10.98B | $10.73B | N/A |
| Liabilities | $4.86B | $4.49B | $4.43B | $4.47B | $4.41B | $6.22B | $6.13B | N/A |
| Equity | $4.13B | $4.26B | $4.40B | $4.50B | $4.63B | $4.76B | $4.60B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $278.3M | $327.1M | $325.4M | $339.1M | $299.6M | $472.2M | $446.6M |