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Side-by-side financial comparison of Packaging Corporation of America (PKG) and Regions Financial Corporation (RF). Click either name above to swap in a different company.

Packaging Corporation of America is the larger business by last-quarter revenue ($2.4B vs $1.3B, roughly 1.8× Regions Financial Corporation). Regions Financial Corporation runs the higher net margin — 41.7% vs 7.2%, a 34.5% gap on every dollar of revenue. On growth, Packaging Corporation of America posted the faster year-over-year revenue change (10.6% vs 4.1%). Over the past eight quarters, Packaging Corporation of America's revenue compounded faster (6.8% CAGR vs 4.0%).

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.

Regions Financial Corporation is an American bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail and commercial banking, trust, stock brokerage, and mortgage services. Its banking subsidiary, Regions Bank, operates about 2,000 automated teller machines and 1,300 branches in 15 states in the Southern and Midwestern United States.

PKG vs RF — Head-to-Head

Bigger by revenue
PKG
PKG
1.8× larger
PKG
$2.4B
$1.3B
RF
Growing faster (revenue YoY)
PKG
PKG
+6.4% gap
PKG
10.6%
4.1%
RF
Higher net margin
RF
RF
34.5% more per $
RF
41.7%
7.2%
PKG
Faster 2-yr revenue CAGR
PKG
PKG
Annualised
PKG
6.8%
4.0%
RF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PKG
PKG
RF
RF
Revenue
$2.4B
$1.3B
Net Profit
$170.9M
$534.0M
Gross Margin
19.1%
Operating Margin
10.6%
55.3%
Net Margin
7.2%
41.7%
Revenue YoY
10.6%
4.1%
Net Profit YoY
-16.1%
0.0%
EPS (diluted)
$1.91
$0.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PKG
PKG
RF
RF
Q1 26
$2.4B
Q4 25
$2.4B
$1.3B
Q3 25
$2.3B
$1.3B
Q2 25
$2.2B
$1.3B
Q1 25
$2.1B
$1.2B
Q4 24
$2.1B
$1.2B
Q3 24
$2.2B
$1.2B
Q2 24
$2.1B
$1.2B
Net Profit
PKG
PKG
RF
RF
Q1 26
$170.9M
Q4 25
$101.9M
$534.0M
Q3 25
$226.9M
$569.0M
Q2 25
$241.5M
$563.0M
Q1 25
$203.8M
$490.0M
Q4 24
$221.2M
$534.0M
Q3 24
$238.1M
$490.0M
Q2 24
$198.9M
$501.0M
Gross Margin
PKG
PKG
RF
RF
Q1 26
19.1%
Q4 25
18.9%
Q3 25
21.8%
Q2 25
22.2%
Q1 25
21.2%
Q4 24
21.9%
Q3 24
23.1%
Q2 24
21.1%
Operating Margin
PKG
PKG
RF
RF
Q1 26
10.6%
Q4 25
7.1%
55.3%
Q3 25
14.0%
56.3%
Q2 25
15.4%
56.1%
Q1 25
13.1%
52.0%
Q4 24
14.1%
53.4%
Q3 24
15.0%
49.9%
Q2 24
13.3%
52.7%
Net Margin
PKG
PKG
RF
RF
Q1 26
7.2%
Q4 25
4.3%
41.7%
Q3 25
9.8%
45.3%
Q2 25
11.1%
44.7%
Q1 25
9.5%
41.0%
Q4 24
10.3%
43.4%
Q3 24
10.9%
40.2%
Q2 24
9.6%
42.2%
EPS (diluted)
PKG
PKG
RF
RF
Q1 26
$1.91
Q4 25
$1.14
$0.59
Q3 25
$2.51
$0.61
Q2 25
$2.67
$0.59
Q1 25
$2.26
$0.51
Q4 24
$2.45
$0.55
Q3 24
$2.64
$0.49
Q2 24
$2.21
$0.52

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PKG
PKG
RF
RF
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$4.1B
Stockholders' EquityBook value
$19.0B
Total Assets
$158.8B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PKG
PKG
RF
RF
Q1 26
Q4 25
$529.0M
Q3 25
$634.0M
Q2 25
$787.9M
Q1 25
$751.7M
Q4 24
$685.0M
Q3 24
$676.6M
Q2 24
$613.6M
Total Debt
PKG
PKG
RF
RF
Q1 26
Q4 25
$4.0B
$4.1B
Q3 25
$4.0B
$4.8B
Q2 25
$5.3B
Q1 25
$6.0B
Q4 24
$2.5B
$6.0B
Q3 24
$2.5B
$6.0B
Q2 24
$5.1B
Stockholders' Equity
PKG
PKG
RF
RF
Q1 26
Q4 25
$4.6B
$19.0B
Q3 25
$4.8B
$19.0B
Q2 25
$4.6B
$18.7B
Q1 25
$4.5B
$18.5B
Q4 24
$4.4B
$17.9B
Q3 24
$4.3B
$18.7B
Q2 24
$4.1B
$17.2B
Total Assets
PKG
PKG
RF
RF
Q1 26
Q4 25
$10.7B
$158.8B
Q3 25
$11.0B
$159.9B
Q2 25
$9.0B
$159.2B
Q1 25
$9.0B
$159.8B
Q4 24
$8.8B
$157.3B
Q3 24
$8.8B
$157.4B
Q2 24
$9.0B
$154.1B
Debt / Equity
PKG
PKG
RF
RF
Q1 26
Q4 25
0.87×
0.22×
Q3 25
0.84×
0.25×
Q2 25
0.28×
Q1 25
0.32×
Q4 24
0.57×
0.34×
Q3 24
0.58×
0.32×
Q2 24
0.30×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PKG
PKG
RF
RF
Operating Cash FlowLast quarter
$-319.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.60×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PKG
PKG
RF
RF
Q1 26
Q4 25
$446.6M
$-319.0M
Q3 25
$472.2M
$861.0M
Q2 25
$299.6M
$573.0M
Q1 25
$339.1M
$1.1B
Q4 24
$325.4M
$-220.0M
Q3 24
$327.1M
$1.3B
Q2 24
$278.3M
$161.0M
Free Cash Flow
PKG
PKG
RF
RF
Q1 26
Q4 25
$127.6M
Q3 25
$280.1M
Q2 25
$129.9M
Q1 25
$191.0M
Q4 24
$124.1M
Q3 24
$180.4M
Q2 24
$33.3M
FCF Margin
PKG
PKG
RF
RF
Q1 26
Q4 25
5.4%
Q3 25
12.1%
Q2 25
6.0%
Q1 25
8.9%
Q4 24
5.8%
Q3 24
8.3%
Q2 24
1.6%
Capex Intensity
PKG
PKG
RF
RF
Q1 26
Q4 25
13.5%
Q3 25
8.3%
Q2 25
7.8%
Q1 25
6.9%
Q4 24
9.4%
Q3 24
6.7%
Q2 24
11.8%
Cash Conversion
PKG
PKG
RF
RF
Q1 26
Q4 25
4.38×
-0.60×
Q3 25
2.08×
1.51×
Q2 25
1.24×
1.02×
Q1 25
1.66×
2.18×
Q4 24
1.47×
-0.41×
Q3 24
1.37×
2.57×
Q2 24
1.40×
0.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PKG
PKG

Segment breakdown not available.

RF
RF

Consumer Bank$747.0M58%
Corporate Bank$487.0M38%
Wealth Management$47.0M4%

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