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

Raymond James Financial is the larger business by last-quarter revenue ($3.9B vs $2.4B, roughly 1.6× Packaging Corporation of America). Raymond James Financial runs the higher net margin — 14.1% vs 7.2%, a 6.9% gap on every dollar of revenue. On growth, Raymond James Financial posted the faster year-over-year revenue change (13.0% vs 10.6%). Over the past eight quarters, Packaging Corporation of America's revenue compounded faster (6.8% CAGR vs 1.3%).

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.

Raymond James Financial, Inc. is an American multinational independent investment bank and financial services company providing financial services to individuals, corporations, and municipalities through its subsidiary companies that engage primarily in investment and financial planning, in addition to investment banking and asset management. The company is headquartered in St. Petersburg, Florida.

PKG vs RJF — Head-to-Head

Bigger by revenue
RJF
RJF
1.6× larger
RJF
$3.9B
$2.4B
PKG
Growing faster (revenue YoY)
RJF
RJF
+2.4% gap
RJF
13.0%
10.6%
PKG
Higher net margin
RJF
RJF
6.9% more per $
RJF
14.1%
7.2%
PKG
Faster 2-yr revenue CAGR
PKG
PKG
Annualised
PKG
6.8%
1.3%
RJF

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
PKG
PKG
RJF
RJF
Revenue
$2.4B
$3.9B
Net Profit
$170.9M
$544.0M
Gross Margin
19.1%
Operating Margin
10.6%
Net Margin
7.2%
14.1%
Revenue YoY
10.6%
13.0%
Net Profit YoY
-16.1%
10.0%
EPS (diluted)
$1.91
$2.83

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
RJF
RJF
Q1 26
$2.4B
$3.9B
Q4 25
$2.4B
$4.2B
Q3 25
$2.3B
$4.2B
Q2 25
$2.2B
$3.8B
Q1 25
$2.1B
$3.8B
Q4 24
$2.1B
$4.0B
Q3 24
$2.2B
$4.0B
Q2 24
$2.1B
$3.8B
Net Profit
PKG
PKG
RJF
RJF
Q1 26
$170.9M
$544.0M
Q4 25
$101.9M
$563.0M
Q3 25
$226.9M
$604.0M
Q2 25
$241.5M
$436.0M
Q1 25
$203.8M
$495.0M
Q4 24
$221.2M
$600.0M
Q3 24
$238.1M
$602.0M
Q2 24
$198.9M
$492.0M
Gross Margin
PKG
PKG
RJF
RJF
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
RJF
RJF
Q1 26
10.6%
Q4 25
7.1%
Q3 25
14.0%
Q2 25
15.4%
14.7%
Q1 25
13.1%
17.5%
Q4 24
14.1%
18.6%
Q3 24
15.0%
Q2 24
13.3%
17.1%
Net Margin
PKG
PKG
RJF
RJF
Q1 26
7.2%
14.1%
Q4 25
4.3%
13.5%
Q3 25
9.8%
14.4%
Q2 25
11.1%
11.3%
Q1 25
9.5%
12.9%
Q4 24
10.3%
14.9%
Q3 24
10.9%
15.0%
Q2 24
9.6%
13.1%
EPS (diluted)
PKG
PKG
RJF
RJF
Q1 26
$1.91
$2.83
Q4 25
$1.14
$2.79
Q3 25
$2.51
$2.96
Q2 25
$2.67
$2.12
Q1 25
$2.26
$2.36
Q4 24
$2.45
$2.86
Q3 24
$2.64
$2.85
Q2 24
$2.21
$2.31

Balance Sheet & Financial Strength

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

Metric
PKG
PKG
RJF
RJF
Cash + ST InvestmentsLiquidity on hand
$5.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$52.0M
Total Assets
$91.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PKG
PKG
RJF
RJF
Q1 26
$5.4B
Q4 25
$529.0M
$9.9B
Q3 25
$634.0M
$11.4B
Q2 25
$787.9M
$9.2B
Q1 25
$751.7M
$9.7B
Q4 24
$685.0M
$10.0B
Q3 24
$676.6M
$11.0B
Q2 24
$613.6M
$9.1B
Total Debt
PKG
PKG
RJF
RJF
Q1 26
Q4 25
$4.0B
Q3 25
$4.0B
Q2 25
Q1 25
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
Stockholders' Equity
PKG
PKG
RJF
RJF
Q1 26
$52.0M
Q4 25
$4.6B
$12.6B
Q3 25
$4.8B
$12.5B
Q2 25
$4.6B
$12.3B
Q1 25
$4.5B
$12.2B
Q4 24
$4.4B
$11.9B
Q3 24
$4.3B
$11.7B
Q2 24
$4.1B
$11.2B
Total Assets
PKG
PKG
RJF
RJF
Q1 26
$91.9B
Q4 25
$10.7B
$88.8B
Q3 25
$11.0B
$88.2B
Q2 25
$9.0B
$84.8B
Q1 25
$9.0B
$83.1B
Q4 24
$8.8B
$82.3B
Q3 24
$8.8B
$83.0B
Q2 24
$9.0B
$80.6B
Debt / Equity
PKG
PKG
RJF
RJF
Q1 26
Q4 25
0.87×
Q3 25
0.84×
Q2 25
Q1 25
Q4 24
0.57×
Q3 24
0.58×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PKG
PKG

Segment breakdown not available.

RJF
RJF

Private Client Group$2.8B73%
Bank$486.0M13%
Capital Markets$464.0M12%
Other$99.0M3%

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