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Packaging Co. of America (PKG) Financials

Packaging Co. of America logo
$189.03 +4.34 (+2.35%)
As of 03:47 PM Eastern
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Annual Income Statements for Packaging Co. of America

Annual Income Statements for Packaging Co. of America

This table shows Packaging Co. of America's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
437 450 669 738 696 461 910 1,003 797 833
Consolidated Net Income / (Loss)
437 450 669 738 696 461 841 1,030 765 805
Net Income / (Loss) Continuing Operations
437 450 669 738 696 461 841 1,030 765 805
Total Pre-Tax Income
665 689 829 971 917 633 1,109 1,365 1,014 1,064
Total Operating Income
750 783 933 1,068 1,054 724 1,241 1,421 1,075 1,101
Total Gross Profit
1,208 1,276 1,471 1,645 1,644 1,369 1,873 2,091 1,699 1,783
Total Revenue
5,742 5,779 6,445 7,015 6,964 6,658 7,730 8,478 7,802 8,383
Operating Revenue
5,742 5,779 6,445 7,015 6,964 6,658 7,730 8,478 7,802 8,383
Total Cost of Revenue
4,534 4,503 4,974 5,369 5,320 5,289 5,857 6,387 6,104 6,600
Operating Cost of Revenue
4,534 4,503 4,974 5,369 5,320 5,289 5,857 6,387 6,104 6,600
Total Operating Expenses
458 493 538 578 590 646 632 670 624 682
Selling, General & Admin Expense
458 493 538 578 590 590 632 670 624 682
Total Other Income / (Expense), net
-86 -95 -104 -97 -137 -91 -133 -56 -61 -37
Interest Expense
- 95 103 95 129 94 152 70 53 41
Other Income / (Expense), net
- - -1.30 -2.10 -7.90 2.30 20 15 -7.70 4.50
Income Tax Expense
228 239 160 233 221 172 268 335 249 259
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)
- - - - - - -69 29 -33 -28
Basic Earnings per Share
$4.47 $4.76 $7.09 $7.82 $7.36 $4.86 $8.87 $11.08 $8.52 $8.97
Weighted Average Basic Shares Outstanding
96.60M 93.50M 93.50M 93.70M 94.65M 94.83M 93.53M 89.69M 89.62M 89.80M
Diluted Earnings per Share
$4.47 $4.75 $7.07 $7.80 $7.34 $4.84 $8.83 $11.03 $8.48 $8.93
Weighted Average Diluted Shares Outstanding
96.60M 93.50M 93.50M 93.70M 94.65M 94.83M 93.53M 89.69M 89.62M 89.80M
Weighted Average Basic & Diluted Shares Outstanding
96.60M 93.50M 93.50M 93.70M 94.65M 94.83M 93.53M 89.69M 89.62M 89.80M
Cash Dividends to Common per Share
$2.20 $2.36 $2.52 $3.00 $3.16 $3.37 $4.00 $4.75 $5.00 $5.00

Quarterly Income Statements for Packaging Co. of America

This table shows Packaging Co. of America's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
263 184 192 333 185 86 148 335 240 110
Consolidated Net Income / (Loss)
263 212 190 333 183 59 147 335 238 86
Net Income / (Loss) Continuing Operations
263 212 190 333 183 59 147 335 238 86
Total Pre-Tax Income
347 277 253 268 245 249 188 267 319 292
Total Operating Income
360 288 271 284 259 261 196 276 327 302
Total Gross Profit
518 450 431 445 413 410 370 438 505 470
Total Revenue
2,126 1,978 1,976 1,952 1,936 1,938 1,980 2,075 2,182 2,146
Operating Revenue
2,126 1,978 1,976 1,952 1,936 1,938 1,980 2,075 2,182 2,146
Total Cost of Revenue
1,608 1,528 1,545 1,507 1,523 1,528 1,609 1,638 1,677 1,676
Operating Cost of Revenue
1,608 1,528 1,545 1,507 1,523 1,528 1,609 1,638 1,677 1,676
Total Operating Expenses
158 162 161 160 154 149 174 162 178 168
Selling, General & Admin Expense
158 162 161 160 154 149 174 162 178 168
Total Other Income / (Expense), net
-13 -12 -17 -17 -14 -13 -8.50 -9.30 -8.50 -11
Interest Expense
17 15 15 17 12 9.00 9.60 9.30 9.70 13
Income Tax Expense
85 65 63 -65 61 190 41 -68 81 206
Basic Earnings per Share
$2.81 $2.34 $2.12 $2.25 $2.04 $2.11 $1.64 $2.22 $2.65 $2.46
Weighted Average Basic Shares Outstanding
92.53M 89.69M 89.93B 89.92M 89.62M 89.62M 89.80B 89.81M 89.80M 89.80M
Diluted Earnings per Share
$2.80 $2.33 $2.11 $2.24 $2.03 $2.10 $1.63 $2.21 $2.64 $2.45
Weighted Average Diluted Shares Outstanding
92.53M 89.69M 89.93B 89.92M 89.62M 89.62M 89.80B 89.81M 89.80M 89.80M
Weighted Average Basic & Diluted Shares Outstanding
92.53M 89.69M 89.93B 89.92M 89.62M 89.62M 89.80B 89.81M 89.80M 89.80M
Cash Dividends to Common per Share
$1.25 $1.25 $1.25 $1.25 $1.25 $1.25 $1.25 $1.25 $1.25 $1.25

Annual Cash Flow Statements for Packaging Co. of America

This table details how cash moves in and out of Packaging Co. of America's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
59 55 -22 145 318 295 -356 -299 328 37
Net Cash From Operating Activities
769 807 856 1,180 1,207 1,033 1,094 1,495 1,315 1,191
Net Cash From Continuing Operating Activities
769 807 856 1,180 1,207 1,033 1,094 1,495 1,315 1,191
Net Income / (Loss) Continuing Operations
437 450 669 738 696 461 841 1,030 765 805
Consolidated Net Income / (Loss)
437 450 669 738 696 461 841 1,030 765 805
Depreciation Expense
357 358 391 411 388 410 418 457 518 526
Amortization Expense
7.80 7.80 10 8.60 23 2.60 4.40 2.10 2.20 2.30
Non-Cash Adjustments To Reconcile Net Income
49 -11 14 37 34 29 47 3.40 18 49
Changes in Operating Assets and Liabilities, net
-82 2.30 -228 -14 66 131 -216 2.90 12 -191
Net Cash From Investing Activities
-298 -770 -609 -608 -547 -426 -794 -834 -875 -278
Net Cash From Continuing Investing Activities
-298 -770 -609 -608 -547 -426 -794 -834 -875 -278
Purchase of Property, Plant & Equipment
-327 -285 -351 -556 -403 -428 -607 -830 -472 -672
Purchase of Investments
- - - 0.00 -157 -110 -127 -126 -507 -114
Sale of Property, Plant & Equipment
1.50 0.50 17 1.50 4.10 4.60 7.90 2.20 1.60 1.30
Sale and/or Maturity of Investments
- - - 0.00 11 107 127 119 103 507
Other Investing Activities, net
4.20 0.00 -1.10 2.50 -1.30 0.00 0.00 1.90 0.00 0.00
Net Cash From Financing Activities
-411 18 -269 -427 -343 -312 -656 -960 -112 -876
Net Cash From Continuing Financing Activities
-411 18 -269 -427 -343 -312 -656 -960 -112 -876
Repayment of Debt
-47 -40 -1,019 -151 -925 -1.50 -760 -1.70 -3.00 -402
Repurchase of Common Equity
-155 -100 - - 0.00 0.00 -193 -523 -42 0.00
Payment of Dividends
-201 -216 -238 -268 -299 -300 -380 -420 -449 -449
Issuance of Debt
0.00 385 998 0.00 889 0.00 690 0.00 397 0.00
Other Financing Activities, net
-8.70 -11 -11 -7.90 -8.20 -11 -13 -15 -16 -26

Quarterly Cash Flow Statements for Packaging Co. of America

This table details how cash moves in and out of Packaging Co. of America's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-19 -329 48 109 96 75 44 -79 63 8.40
Net Cash From Operating Activities
431 420 280 360 340 335 260 278 327 325
Net Cash From Continuing Operating Activities
431 420 280 360 340 335 260 278 327 325
Net Income / (Loss) Continuing Operations
263 212 190 203 183 189 147 199 238 221
Consolidated Net Income / (Loss)
263 212 190 203 183 189 147 199 238 221
Depreciation Expense
114 119 130 128 129 131 128 129 133 136
Amortization Expense
0.50 0.60 0.50 0.60 0.50 0.60 0.60 0.60 0.60 0.50
Non-Cash Adjustments To Reconcile Net Income
-44 12 22 16 -36 16 26 14 -8.00 17
Changes in Operating Assets and Liabilities, net
97 77 -62 13 62 -1.80 -42 -63 -36 -49
Net Cash From Investing Activities
-184 -252 -115 -127 -89 -544 -81 -243 249 -203
Net Cash From Continuing Investing Activities
-184 -252 -115 -127 -89 -544 -81 -243 249 -203
Purchase of Property, Plant & Equipment
-183 -248 -114 -127 -90 -141 -78 -245 -147 -201
Purchase of Investments
-34 -28 -30 -26 -20 -431 -33 -30 -29 -22
Sale of Property, Plant & Equipment
1.40 0.40 0.30 0.10 1.10 0.10 0.10 0.50 0.20 0.50
Sale and/or Maturity of Investments
31 23 28 26 21 28 30 32 425 20
Net Cash From Financing Activities
-265 -497 -117 -124 -155 284 -135 -114 -513 -114
Net Cash From Continuing Financing Activities
-265 -497 -117 -124 -155 284 -135 -114 -513 -114
Repayment of Debt
-0.40 -0.40 -0.50 -0.40 -0.50 -1.60 -0.50 -0.50 -400 -0.50
Payment of Dividends
-117 -116 -112 -112 -112 -112 -112 -112 -112 -112
Other Financing Activities, net
-5.80 -0.10 -4.70 -11 -0.10 - -23 -1.60 -0.70 -0.90

Annual Balance Sheets for Packaging Co. of America

This table presents Packaging Co. of America's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
5,272 5,777 6,198 6,570 7,236 7,433 7,837 8,004 8,681 8,833
Total Current Assets
1,555 1,696 1,915 2,115 2,478 2,750 2,733 2,508 3,254 3,233
Cash & Equivalents
184 239 217 362 680 975 619 320 648 685
Short-Term Investments
- - - - 88 106 86 85 494 102
Accounts Receivable
637 689 831 902 846 832 1,071 1,032 1,033 1,144
Inventories, net
677 724 763 796 794 788 903 977 1,013 1,125
Prepaid Expenses
29 30 36 39 45 45 47 58 62 167
Current Deferred & Refundable Income Taxes
28 14 70 17 27 5.10 7.40 36 4.30 10
Plant, Property, & Equipment, net
2,832 2,896 2,925 3,109 3,152 3,193 3,529 3,900 3,864 4,039
Total Noncurrent Assets
886 1,185 1,358 1,346 1,606 1,490 1,575 1,596 1,563 1,561
Long-Term Investments
- - - - 58 43 60 65 64 65
Goodwill
544 738 883 917 919 864 924 922 922 922
Intangible Assets
271 367 410 378 339 296 308 268 230 192
Other Noncurrent Operating Assets
71 80 64 51 290 287 283 340 347 382
Total Liabilities & Shareholders' Equity
5,272 5,777 6,198 6,570 7,236 7,433 7,837 8,004 8,681 8,833
Total Liabilities
3,639 4,017 4,015 3,897 4,165 4,187 4,230 4,337 4,684 4,429
Total Current Liabilities
562 625 833 694 724 783 885 876 1,266 1,002
Short-Term Debt
7.70 27 151 - - - - 0.00 400 0.00
Accounts Payable
294 324 403 382 352 387 452 410 402 430
Accrued Expenses
194 201 203 222 218 216 255 264 254 363
Dividends Payable
53 60 61 76 77 97 96 116 116 116
Other Current Liabilities
- - - 1.40 64 71 69 74 81 83
Other Current Nonoperating Liabilities
13 13 15 12 14 12 12 12 14 9.50
Total Noncurrent Liabilities
3,077 3,392 3,182 3,204 3,441 3,404 3,345 3,461 3,418 3,428
Long-Term Debt
2,290 2,620 2,480 2,484 2,477 2,479 2,472 2,474 2,472 2,474
Noncurrent Deferred & Payable Income Tax Liabilities
347 335 240 285 340 379 466 543 558 562
Noncurrent Employee Benefit Liabilities
359 357 373 358 376 298 157 142 106 96
Other Noncurrent Operating Liabilities
60 60 71 60 233 233 250 57 282 296
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,633 1,760 2,183 2,672 3,071 3,246 3,607 3,667 3,997 4,404
Total Preferred & Common Equity
1,633 1,760 2,183 2,672 3,071 3,246 3,607 3,667 3,997 4,404
Total Common Equity
1,633 1,760 2,183 2,672 3,071 3,246 3,607 3,667 3,997 4,404
Common Stock
441 452 472 495 526 555 580 583 621 671
Retained Earnings
1,317 1,447 1,867 2,316 2,705 2,836 3,102 3,187 3,447 3,777
Accumulated Other Comprehensive Income / (Loss)
-125 -140 -157 -139 -160 -145 -75 -102 -71 -43

Quarterly Balance Sheets for Packaging Co. of America

This table presents Packaging Co. of America's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Total Assets
8,344 8,004 8,049 8,107 8,178 8,681 8,857 8,982 8,754 8,833
Total Current Assets
2,908 2,508 2,585 2,671 2,773 3,254 3,445 3,484 3,241 3,233
Cash & Equivalents
649 320 368 477 573 648 692 614 677 685
Short-Term Investments
78 85 96 102 104 494 492 491 95 102
Accounts Receivable
1,113 1,032 1,031 1,024 1,045 1,033 1,045 1,145 1,216 1,144
Inventories, net
995 977 1,003 992 986 1,013 1,004 1,030 1,062 1,125
Prepaid Expenses
67 58 87 76 65 62 212 205 192 167
Current Deferred & Refundable Income Taxes
6.10 36 0.00 0.00 0.00 4.30 0.00 0.30 0.00 10
Plant, Property, & Equipment, net
3,813 3,900 3,897 3,887 3,863 3,864 3,865 3,962 3,982 4,039
Total Noncurrent Assets
1,624 1,596 1,567 1,549 1,541 1,563 1,547 1,537 1,530 1,561
Long-Term Investments
67 65 57 51 49 64 69 68 70 65
Goodwill
922 922 922 922 922 922 922 922 922 922
Intangible Assets
277 268 258 249 239 230 220 211 201 192
Other Noncurrent Operating Assets
357 340 329 328 330 347 336 335 337 382
Total Liabilities & Shareholders' Equity
8,344 8,004 8,049 8,107 8,178 8,681 8,857 8,982 8,754 8,833
Total Liabilities
4,373 4,337 4,291 4,258 4,290 4,684 4,826 4,856 4,490 4,429
Total Current Liabilities
963 876 829 798 1,279 1,266 1,400 1,432 1,101 1,002
Short-Term Debt
- 0.00 - - 400 400 400 400 0.00 0.00
Accounts Payable
485 410 411 366 406 402 450 475 460 430
Accrued Expenses
260 264 185 220 245 254 304 346 393 363
Dividends Payable
119 116 116 115 115 116 115 115 116 116
Other Current Liabilities
74 74 75 77 79 81 81 82 84 83
Other Current Nonoperating Liabilities
26 12 26 12 26 14 33 - 33 9.50
Total Noncurrent Liabilities
3,410 3,461 3,462 3,460 3,012 3,418 3,426 3,424 3,390 3,428
Long-Term Debt
2,473 2,474 2,474 2,475 2,076 2,472 2,473 2,473 2,474 2,474
Noncurrent Deferred & Payable Income Tax Liabilities
514 543 546 539 537 558 567 552 541 562
Noncurrent Employee Benefit Liabilities
129 142 149 154 116 106 112 115 99 96
Other Noncurrent Operating Liabilities
294 57 283 284 273 282 65 284 270 296
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
3,971 3,667 3,758 3,849 3,887 3,997 4,031 4,127 4,264 4,404
Total Preferred & Common Equity
3,971 3,667 3,758 3,849 3,887 3,997 4,031 4,127 4,264 4,404
Total Common Equity
3,971 3,667 3,758 3,849 3,887 3,997 4,031 4,127 4,264 4,404
Common Stock
602 583 599 608 613 621 641 651 662 671
Retained Earnings
3,444 3,187 3,259 3,339 3,371 3,447 3,460 3,544 3,669 3,777
Accumulated Other Comprehensive Income / (Loss)
-74 -102 -100 -99 -97 -71 -70 -69 -67 -43

Annual Metrics and Ratios for Packaging Co. of America

This table displays calculated financial ratios and metrics derived from Packaging Co. of America's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-1.89% 0.65% 11.52% 8.84% -0.72% -4.40% 16.10% 9.67% -7.97% 7.45%
EBITDA Growth
1.90% 3.12% 15.97% 11.44% -1.91% -21.83% 47.80% 12.54% -16.20% 2.92%
EBIT Growth
6.73% 4.44% 18.88% 14.43% -1.86% -30.56% 73.66% 13.81% -25.63% 3.60%
NOPAT Growth
9.78% 3.75% 47.10% 7.90% -1.44% -34.09% 78.55% 13.83% -24.32% 2.69%
Net Income Growth
11.26% 2.93% 48.71% 10.38% -5.64% -33.80% 82.45% 22.43% -25.69% 5.21%
EPS Growth
12.03% 6.26% 48.84% 10.33% -5.90% -34.06% 82.44% 24.92% -23.12% 5.31%
Operating Cash Flow Growth
4.42% 4.98% 6.10% 37.85% 2.31% -14.46% 5.94% 36.64% -12.03% -9.42%
Free Cash Flow Firm Growth
19.25% -82.40% 276.07% 87.56% 44.32% -27.71% -61.05% 83.88% 135.26% -55.31%
Invested Capital Growth
0.17% 11.10% 10.10% 4.44% -1.45% -2.12% 14.74% 11.45% -4.14% 6.19%
Revenue Q/Q Growth
-0.75% 1.51% 3.33% 0.90% -0.38% -0.09% 4.44% -0.76% -0.52% 2.55%
EBITDA Q/Q Growth
1.27% 2.23% 5.64% 1.36% -2.45% -4.81% 12.98% -2.19% -1.39% 3.18%
EBIT Q/Q Growth
0.36% 2.62% 6.30% 3.12% -4.82% -5.64% 17.32% -3.57% -3.12% 4.27%
NOPAT Q/Q Growth
1.17% 1.84% 30.12% -8.93% -4.48% -7.46% 16.37% -4.72% -16.40% 3.05%
Net Income Q/Q Growth
1.32% 1.47% 31.00% -8.01% -8.94% -2.68% 12.45% -0.48% -16.63% 3.42%
EPS Q/Q Growth
1.82% 1.93% 30.93% -7.91% -9.05% -2.81% 12.48% 0.46% -2.64% 4.08%
Operating Cash Flow Q/Q Growth
6.54% -1.61% 7.46% 6.57% -1.34% -5.33% 12.27% 2.01% -6.06% -0.82%
Free Cash Flow Firm Q/Q Growth
2.31% -42.68% -27.53% 56.27% 45.35% -33.08% -45.48% 13.52% 8.38% -12.65%
Invested Capital Q/Q Growth
-0.37% 1.40% 8.20% 1.21% -4.94% 0.38% 7.01% 4.28% 0.12% 1.66%
Profitability Metrics
- - - - - - - - - -
Gross Margin
21.04% 22.08% 22.82% 23.46% 23.61% 20.57% 24.23% 24.66% 21.77% 21.27%
EBITDA Margin
19.41% 19.88% 20.68% 21.17% 20.92% 17.10% 21.77% 22.34% 20.34% 19.49%
Operating Margin
13.06% 13.55% 14.47% 15.22% 15.13% 10.87% 16.06% 16.76% 13.78% 13.14%
EBIT Margin
13.06% 13.55% 14.45% 15.19% 15.02% 10.91% 16.31% 16.93% 13.68% 13.19%
Profit (Net Income) Margin
7.61% 7.78% 10.37% 10.52% 10.00% 6.92% 10.88% 12.15% 9.81% 9.60%
Tax Burden Percent
65.73% 65.30% 80.69% 76.04% 75.94% 72.86% 75.86% 75.45% 75.46% 75.64%
Interest Burden Percent
88.60% 87.90% 88.98% 91.08% 87.68% 87.12% 87.92% 95.09% 95.01% 96.26%
Effective Tax Rate
34.27% 34.70% 19.31% 23.96% 24.06% 27.14% 24.14% 24.55% 24.54% 24.36%
Return on Invested Capital (ROIC)
12.87% 12.64% 16.81% 16.93% 16.45% 11.04% 18.56% 18.70% 13.71% 13.95%
ROIC Less NNEP Spread (ROIC-NNEP)
10.37% 10.00% 13.46% 13.81% 11.24% 6.94% 12.45% 16.69% 11.50% 12.37%
Return on Net Nonoperating Assets (RNNOA)
14.83% 13.87% 17.11% 13.47% 7.80% 3.55% 5.99% 9.61% 6.26% 5.22%
Return on Equity (ROE)
27.69% 26.50% 33.92% 30.40% 24.25% 14.59% 24.55% 28.31% 19.97% 19.17%
Cash Return on Invested Capital (CROIC)
12.69% 2.11% 7.19% 12.59% 17.91% 13.19% 4.84% 7.87% 17.94% 7.94%
Operating Return on Assets (OROA)
14.22% 14.18% 15.55% 16.69% 15.15% 9.90% 16.52% 18.12% 12.79% 12.63%
Return on Assets (ROA)
8.28% 8.14% 11.17% 11.56% 10.09% 6.29% 11.02% 13.00% 9.17% 9.19%
Return on Common Equity (ROCE)
27.69% 26.50% 33.92% 30.40% 24.25% 14.59% 24.55% 28.31% 19.97% 19.17%
Return on Equity Simple (ROE_SIMPLE)
26.74% 25.55% 30.63% 27.62% 22.68% 14.20% 23.32% 28.08% 19.14% 18.28%
Net Operating Profit after Tax (NOPAT)
493 512 752 812 800 527 942 1,072 811 833
NOPAT Margin
8.59% 8.85% 11.67% 11.57% 11.49% 7.92% 12.18% 12.64% 10.40% 9.94%
Net Nonoperating Expense Percent (NNEP)
2.49% 2.63% 3.35% 3.12% 5.21% 4.11% 6.11% 2.01% 2.21% 1.58%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 16.79% 11.81% 12.11%
Cost of Revenue to Revenue
78.96% 77.92% 77.18% 76.54% 76.39% 79.43% 75.77% 75.34% 78.23% 78.73%
SG&A Expenses to Revenue
7.98% 8.53% 8.35% 8.23% 8.48% 8.87% 8.17% 7.90% 8.00% 8.13%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
7.98% 8.53% 8.35% 8.23% 8.48% 9.69% 8.17% 7.90% 8.00% 8.13%
Earnings before Interest and Taxes (EBIT)
750 783 931 1,066 1,046 726 1,261 1,435 1,067 1,106
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,114 1,149 1,333 1,485 1,457 1,139 1,683 1,894 1,587 1,634
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.93 3.67 4.31 2.51 3.03 3.65 3.34 3.04 3.57 4.60
Price to Tangible Book Value (P/TBV)
5.84 9.86 10.58 4.87 5.13 5.68 5.07 4.50 5.02 6.15
Price to Revenue (P/Rev)
0.83 1.12 1.46 0.96 1.33 1.78 1.56 1.31 1.83 2.42
Price to Earnings (P/E)
10.95 14.37 14.08 9.09 13.35 25.69 13.23 11.12 17.93 24.32
Dividend Yield
4.46% 3.44% 2.53% 5.11% 3.22% 2.70% 3.15% 3.94% 3.15% 2.22%
Earnings Yield
9.14% 6.96% 7.10% 11.00% 7.49% 3.89% 7.56% 9.00% 5.58% 4.11%
Enterprise Value to Invested Capital (EV/IC)
1.80 2.09 2.52 1.81 2.27 2.80 2.54 2.22 2.75 3.55
Enterprise Value to Revenue (EV/Rev)
1.20 1.54 1.84 1.26 1.57 1.98 1.78 1.58 2.04 2.61
Enterprise Value to EBITDA (EV/EBITDA)
6.21 7.73 8.89 5.96 7.53 11.61 8.17 7.07 10.05 13.39
Enterprise Value to EBIT (EV/EBIT)
9.22 11.35 12.72 8.30 10.48 18.20 10.91 9.33 14.95 19.78
Enterprise Value to NOPAT (EV/NOPAT)
14.03 17.38 15.74 10.90 13.70 25.05 14.60 12.50 19.67 26.25
Enterprise Value to Operating Cash Flow (EV/OCF)
9.00 11.01 13.84 7.50 9.08 12.80 12.57 8.96 12.13 18.36
Enterprise Value to Free Cash Flow (EV/FCFF)
14.22 103.82 36.79 14.65 12.58 20.98 56.06 29.69 15.03 46.11
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.42 1.52 1.21 0.94 0.81 0.77 0.69 0.74 0.72 0.56
Long-Term Debt to Equity
1.42 1.50 1.15 0.94 0.81 0.77 0.69 0.74 0.62 0.56
Financial Leverage
1.43 1.39 1.27 0.98 0.69 0.51 0.48 0.58 0.54 0.42
Leverage Ratio
3.34 3.26 3.04 2.63 2.40 2.32 2.23 2.18 2.18 2.08
Compound Leverage Factor
2.96 2.86 2.70 2.40 2.11 2.02 1.96 2.07 2.07 2.01
Debt to Total Capital
58.68% 60.25% 54.84% 48.35% 44.80% 43.45% 40.66% 42.58% 41.81% 35.97%
Short-Term Debt to Total Capital
0.19% 0.61% 3.13% 0.00% 0.00% 0.00% 0.00% 0.00% 5.82% 0.00%
Long-Term Debt to Total Capital
58.49% 59.64% 51.71% 48.35% 44.80% 43.45% 40.66% 42.58% 35.99% 35.97%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
41.32% 39.75% 45.16% 51.65% 55.20% 56.55% 59.34% 57.42% 58.19% 64.03%
Debt to EBITDA
2.08 2.32 1.99 1.68 1.71 2.19 1.47 1.44 1.81 1.51
Net Debt to EBITDA
1.92 2.11 1.83 1.44 1.14 1.20 1.01 1.19 1.05 0.99
Long-Term Debt to EBITDA
2.07 2.30 1.88 1.68 1.71 2.19 1.47 1.44 1.56 1.51
Debt to NOPAT
4.71 5.21 3.52 3.08 3.12 4.73 2.62 2.54 3.54 2.97
Net Debt to NOPAT
4.33 4.75 3.23 2.64 2.08 2.60 1.81 2.10 2.05 1.95
Long-Term Debt to NOPAT
4.69 5.16 3.32 3.08 3.12 4.73 2.62 2.54 3.05 2.97
Altman Z-Score
2.92 2.99 3.57 3.39 3.59 3.77 4.06 4.00 3.97 5.01
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.77 2.71 2.30 3.05 3.42 3.51 3.09 2.87 2.57 3.23
Quick Ratio
1.46 1.48 1.26 1.82 2.23 2.44 2.01 1.64 1.72 1.93
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
486 86 322 604 871 630 245 451 1,061 474
Operating Cash Flow to CapEx
236.27% 283.92% 256.16% 212.86% 302.45% 244.16% 182.65% 180.51% 279.39% 177.71%
Free Cash Flow to Firm to Interest Expense
0.00 0.90 3.14 6.35 6.77 6.74 1.61 6.41 19.91 11.46
Operating Cash Flow to Interest Expense
0.00 8.51 8.34 12.41 9.37 11.05 7.18 21.24 24.67 28.77
Operating Cash Flow Less CapEx to Interest Expense
0.00 5.51 5.09 6.58 6.27 6.52 3.25 9.47 15.84 12.58
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.09 1.05 1.08 1.10 1.01 0.91 1.01 1.07 0.94 0.96
Accounts Receivable Turnover
8.95 8.72 8.48 8.10 7.97 7.94 8.12 8.06 7.56 7.70
Inventory Turnover
6.76 6.43 6.69 6.89 6.69 6.69 6.93 6.80 6.13 6.17
Fixed Asset Turnover
2.02 2.02 2.21 2.33 2.22 2.10 2.30 2.28 2.01 2.12
Accounts Payable Turnover
14.51 14.57 13.69 13.68 14.49 14.32 13.96 14.81 15.02 15.85
Days Sales Outstanding (DSO)
40.77 41.87 43.04 45.08 45.79 45.99 44.94 45.27 48.30 47.40
Days Inventory Outstanding (DIO)
54.01 56.76 54.53 52.96 54.53 54.59 52.67 53.71 59.51 59.12
Days Payable Outstanding (DPO)
25.15 25.05 26.66 26.69 25.18 25.50 26.15 24.65 24.30 23.02
Cash Conversion Cycle (CCC)
69.63 73.58 70.90 71.35 75.14 75.09 71.45 74.32 83.51 83.49
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
3,835 4,261 4,692 4,900 4,829 4,726 5,423 6,043 5,793 6,152
Invested Capital Turnover
1.50 1.43 1.44 1.46 1.43 1.39 1.52 1.48 1.32 1.40
Increase / (Decrease) in Invested Capital
6.60 426 431 208 -71 -103 696 621 -250 359
Enterprise Value (EV)
6,917 8,887 11,845 8,847 10,962 13,215 13,755 13,395 15,955 21,868
Market Capitalization
4,781 6,459 9,411 6,707 9,295 11,844 12,048 11,146 14,288 20,246
Book Value per Share
$16.84 $18.68 $23.13 $28.28 $32.44 $34.23 $37.97 $39.63 $44.60 $49.04
Tangible Book Value per Share
$8.44 $6.95 $9.43 $14.57 $19.16 $22.01 $25.01 $26.77 $31.75 $36.63
Total Capital
3,953 4,427 4,833 5,174 5,564 5,740 6,079 6,386 6,869 6,878
Total Debt
2,320 2,667 2,651 2,501 2,493 2,494 2,472 2,719 2,872 2,474
Total Long-Term Debt
2,312 2,640 2,499 2,501 2,493 2,494 2,472 2,719 2,472 2,474
Net Debt
2,136 2,428 2,434 2,140 1,667 1,371 1,707 2,249 1,666 1,622
Capital Expenditures (CapEx)
325 284 334 554 399 423 599 828 471 670
Debt-free, Cash-free Net Working Capital (DFCFNWC)
816 859 1,017 1,060 987 888 1,143 1,228 1,247 1,444
Debt-free Net Working Capital (DFNWC)
1,000 1,098 1,234 1,422 1,755 1,968 1,848 1,633 2,388 2,231
Net Working Capital (NWC)
993 1,071 1,082 1,422 1,755 1,968 1,848 1,633 1,989 2,231
Net Nonoperating Expense (NNE)
56 62 84 74 104 66 101 42 46 28
Net Nonoperating Obligations (NNO)
2,202 2,501 2,509 2,227 1,758 1,480 1,815 2,376 1,796 1,748
Total Depreciation and Amortization (D&A)
364 366 401 420 411 413 422 459 520 528
Debt-free, Cash-free Net Working Capital to Revenue
14.21% 14.86% 15.78% 15.11% 14.18% 13.33% 14.79% 14.48% 15.98% 17.23%
Debt-free Net Working Capital to Revenue
17.42% 19.00% 19.14% 20.26% 25.19% 29.55% 23.90% 19.26% 30.61% 26.62%
Net Working Capital to Revenue
17.29% 18.53% 16.79% 20.26% 25.19% 29.55% 23.90% 19.26% 25.49% 26.62%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$4.47 $4.76 $7.09 $7.82 $7.36 $4.86 $8.87 $11.08 $8.52 $8.97
Adjusted Weighted Average Basic Shares Outstanding
94.25M 94.21M 94.35M 94.50M 94.65M 94.83M 93.53M 89.69M 89.62M 89.80M
Adjusted Diluted Earnings per Share
$4.47 $4.75 $7.07 $7.80 $7.34 $4.84 $8.83 $11.03 $8.48 $8.93
Adjusted Weighted Average Diluted Shares Outstanding
94.25M 94.21M 94.35M 94.50M 94.65M 94.83M 93.53M 89.69M 89.62M 89.80M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
94.25M 94.21M 94.35M 94.50M 94.65M 94.83M 93.53M 89.69M 89.62M 89.80M
Normalized Net Operating Profit after Tax (NOPAT)
493 512 752 812 800 568 942 1,072 811 833
Normalized NOPAT Margin
8.59% 8.85% 11.67% 11.57% 11.49% 8.53% 12.18% 12.64% 10.40% 9.94%
Pre Tax Income Margin
11.57% 11.91% 12.86% 13.84% 13.17% 9.50% 14.34% 16.10% 13.00% 12.70%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 8.26 9.08 11.21 8.12 7.77 8.27 20.39 20.03 26.71
NOPAT to Interest Expense
0.00 5.40 7.33 8.54 6.21 5.64 6.18 15.23 15.22 20.12
EBIT Less CapEx to Interest Expense
0.00 5.26 5.82 5.38 5.02 3.24 4.34 8.62 11.20 10.52
NOPAT Less CapEx to Interest Expense
0.00 2.40 4.08 2.71 3.11 1.12 2.25 3.46 6.39 3.93
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
45.97% 48.06% 35.54% 36.33% 42.89% 64.99% 45.16% 40.81% 58.66% 55.74%
Augmented Payout Ratio
81.39% 70.37% 35.54% 36.33% 42.89% 64.99% 68.10% 91.56% 64.09% 55.74%

Quarterly Metrics and Ratios for Packaging Co. of America

This table displays calculated financial ratios and metrics derived from Packaging Co. of America's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
6.29% -3.17% -7.49% -12.75% -8.93% -2.04% 0.16% 6.31% 12.73% 10.74%
EBITDA Growth
4.20% -11.47% -15.22% -22.71% -19.17% -4.45% -18.21% -1.89% 19.37% 11.66%
EBIT Growth
3.15% -17.96% -25.38% -32.19% -29.43% -10.42% -26.65% -2.95% 27.84% 15.61%
NOPAT Growth
2.78% -19.73% -23.71% 12.97% -28.83% -71.85% -24.41% -2.09% 26.16% 42.94%
Net Income Growth
4.71% -2.31% -25.22% 10.41% -30.21% -72.12% -22.72% 0.48% 29.97% 45.08%
EPS Growth
6.46% 2.19% -21.85% -30.00% -27.50% -9.87% -22.75% -1.34% 30.05% 16.67%
Operating Cash Flow Growth
51.83% 7.53% -13.80% 12.82% -21.16% -20.19% -7.13% -22.67% -3.65% -2.95%
Free Cash Flow Firm Growth
-382.93% 5.08% 90.08% 154.82% 144.52% 178.00% 117.63% -24.61% -110.33% -186.46%
Invested Capital Growth
14.36% 11.45% 4.55% 1.05% -0.16% -4.14% 2.46% 2.15% 4.59% 6.19%
Revenue Q/Q Growth
-4.98% -6.94% -0.11% -1.22% -0.82% 0.10% 2.14% 4.84% 5.16% -1.66%
EBITDA Q/Q Growth
-10.45% -14.05% -3.04% 3.56% -6.35% 1.60% -16.60% 24.23% 13.95% -4.96%
EBIT Q/Q Growth
-13.23% -19.81% -7.92% 5.84% -9.70% 1.79% -24.05% 40.03% 18.95% -7.95%
NOPAT Q/Q Growth
-13.00% -19.02% -7.86% 74.02% -45.19% -67.97% -22.84% 125.43% -29.38% -63.71%
Net Income Q/Q Growth
-12.94% -19.39% -10.16% 75.12% -44.97% -67.79% -22.36% 127.71% -28.82% -64.05%
EPS Q/Q Growth
-12.50% -16.79% -9.44% 6.16% -9.38% 3.45% -22.38% 35.58% 19.46% -7.20%
Operating Cash Flow Q/Q Growth
34.98% -2.44% -33.25% 28.35% -5.67% -1.24% -22.34% 6.87% 17.54% -0.52%
Free Cash Flow Firm Q/Q Growth
14.73% 12.10% 87.03% 663.78% -30.76% 54.00% -95.99% 2,310.23% -109.49% -1,188.87%
Invested Capital Q/Q Growth
0.44% 4.28% -2.98% -0.55% -0.76% 0.12% -0.11% -0.86% 1.60% 1.66%
Profitability Metrics
- - - - - - - - - -
Gross Margin
24.39% 22.76% 21.83% 22.78% 21.32% 21.16% 18.71% 21.09% 23.15% 21.89%
EBITDA Margin
22.50% 20.78% 20.17% 21.15% 19.97% 20.27% 16.47% 19.52% 21.15% 20.44%
Operating Margin
16.95% 14.56% 13.70% 14.57% 13.36% 13.49% 9.90% 13.30% 14.99% 14.08%
EBIT Margin
17.12% 14.75% 13.60% 14.57% 13.26% 13.49% 9.96% 13.30% 15.04% 14.08%
Profit (Net Income) Margin
12.35% 10.70% 9.62% 17.05% 9.46% 3.04% 7.42% 16.12% 10.91% 3.99%
Tax Burden Percent
75.56% 76.53% 75.05% 124.31% 74.93% 23.74% 78.35% 125.42% 74.73% 29.36%
Interest Burden Percent
95.47% 94.76% 94.27% 94.16% 95.21% 95.07% 95.13% 96.63% 97.05% 96.49%
Effective Tax Rate
24.44% 23.47% 24.95% -24.31% 25.07% 76.26% 21.65% -25.42% 25.27% 70.64%
Return on Invested Capital (ROIC)
20.14% 16.48% 14.91% 25.08% 13.56% 4.22% 10.20% 22.44% 15.47% 5.80%
ROIC Less NNEP Spread (ROIC-NNEP)
19.55% 16.06% 14.24% 23.99% 12.99% 4.08% 9.88% 21.83% 15.13% 5.63%
Return on Net Nonoperating Assets (RNNOA)
8.47% 9.25% 7.44% 11.63% 6.15% 2.22% 5.18% 10.43% 6.84% 2.37%
Return on Equity (ROE)
28.61% 25.73% 22.34% 36.71% 19.71% 6.44% 15.38% 32.87% 22.31% 8.18%
Cash Return on Invested Capital (CROIC)
7.32% 7.87% 13.14% 17.02% 16.91% 17.94% 10.40% 10.73% 9.17% 7.94%
Operating Return on Assets (OROA)
17.23% 15.79% 13.97% 14.23% 12.59% 12.62% 9.19% 12.34% 14.53% 13.48%
Return on Assets (ROA)
12.43% 11.45% 9.89% 16.66% 8.98% 2.85% 6.85% 14.96% 10.54% 3.82%
Return on Common Equity (ROCE)
28.61% 25.73% 22.34% 36.71% 19.71% 6.44% 15.38% 32.87% 22.31% 8.18%
Return on Equity Simple (ROE_SIMPLE)
26.06% 0.00% 25.70% 25.91% 23.61% 0.00% 17.91% 17.54% 18.26% 0.00%
Net Operating Profit after Tax (NOPAT)
272 220 203 354 194 62 154 346 244 89
NOPAT Margin
12.81% 11.14% 10.28% 18.11% 10.01% 3.20% 7.76% 16.68% 11.20% 4.13%
Net Nonoperating Expense Percent (NNEP)
0.59% 0.42% 0.66% 1.09% 0.57% 0.15% 0.33% 0.61% 0.34% 0.18%
Return On Investment Capital (ROIC_SIMPLE)
- 3.45% - - - 0.90% - - - 1.29%
Cost of Revenue to Revenue
75.62% 77.24% 78.17% 77.22% 78.68% 78.84% 81.29% 78.91% 76.85% 78.11%
SG&A Expenses to Revenue
7.44% 8.19% 8.13% 8.21% 7.96% 7.67% 8.81% 7.79% 8.16% 7.81%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
7.44% 8.19% 8.13% 8.21% 7.96% 7.67% 8.81% 7.79% 8.16% 7.81%
Earnings before Interest and Taxes (EBIT)
364 292 269 284 257 261 197 276 328 302
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
478 411 399 413 387 393 326 405 462 439
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.54 3.04 3.21 3.00 3.46 3.57 4.23 3.98 4.54 4.60
Price to Tangible Book Value (P/TBV)
3.63 4.50 4.68 4.31 4.93 5.02 5.91 5.48 6.17 6.15
Price to Revenue (P/Rev)
1.18 1.31 1.45 1.44 1.71 1.83 2.19 2.07 2.37 2.42
Price to Earnings (P/E)
9.73 11.12 12.82 11.87 15.03 17.93 22.69 21.78 23.95 24.32
Dividend Yield
4.19% 3.94% 3.72% 3.90% 4.18% 3.15% 2.63% 2.74% 2.32% 2.22%
Earnings Yield
10.28% 9.00% 7.80% 8.42% 6.65% 5.58% 4.41% 4.59% 4.18% 4.11%
Enterprise Value to Invested Capital (EV/IC)
2.03 2.22 2.39 2.30 2.63 2.75 3.15 3.04 3.47 3.55
Enterprise Value to Revenue (EV/Rev)
1.38 1.58 1.69 1.67 1.94 2.04 2.42 2.29 2.57 2.61
Enterprise Value to EBITDA (EV/EBITDA)
6.07 7.07 7.69 7.90 9.44 10.05 12.47 11.99 13.27 13.39
Enterprise Value to EBIT (EV/EBIT)
7.89 9.33 10.43 11.13 13.79 14.95 18.98 18.26 19.81 19.78
Enterprise Value to NOPAT (EV/NOPAT)
10.44 12.50 13.90 12.78 15.66 19.67 24.81 23.91 25.99 26.25
Enterprise Value to Operating Cash Flow (EV/OCF)
8.02 8.96 9.67 8.98 10.86 12.13 14.59 14.93 17.49 18.36
Enterprise Value to Free Cash Flow (EV/FCFF)
29.56 29.69 18.60 13.57 15.52 15.03 30.61 28.65 38.70 46.11
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.62 0.74 0.66 0.65 0.64 0.72 0.76 0.70 0.58 0.56
Long-Term Debt to Equity
0.62 0.74 0.66 0.65 0.54 0.62 0.67 0.60 0.58 0.56
Financial Leverage
0.43 0.58 0.52 0.48 0.47 0.54 0.52 0.48 0.45 0.42
Leverage Ratio
2.24 2.18 2.15 2.11 2.10 2.18 2.17 2.14 2.08 2.08
Compound Leverage Factor
2.14 2.06 2.02 1.98 2.00 2.07 2.06 2.07 2.02 2.01
Debt to Total Capital
38.38% 42.58% 39.80% 39.23% 38.99% 41.81% 43.33% 41.05% 36.78% 35.97%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 6.27% 5.82% 5.62% 5.71% 0.00% 0.00%
Long-Term Debt to Total Capital
38.38% 42.58% 39.80% 39.23% 32.72% 35.99% 37.70% 35.33% 36.78% 35.97%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
61.62% 57.42% 60.20% 60.77% 61.01% 58.19% 56.67% 58.95% 63.22% 64.03%
Debt to EBITDA
1.28 1.44 1.36 1.47 1.54 1.81 2.03 1.90 1.57 1.51
Net Debt to EBITDA
0.87 1.19 1.08 1.09 1.09 1.05 1.21 1.12 1.04 0.99
Long-Term Debt to EBITDA
1.28 1.44 1.36 1.47 1.30 1.56 1.77 1.64 1.57 1.51
Debt to NOPAT
2.20 2.54 2.46 2.37 2.56 3.54 4.05 3.79 3.07 2.97
Net Debt to NOPAT
1.49 2.10 1.95 1.77 1.81 2.05 2.40 2.24 2.03 1.95
Long-Term Debt to NOPAT
2.20 2.54 2.46 2.37 2.15 3.05 3.52 3.26 3.07 2.97
Altman Z-Score
3.41 3.52 3.66 3.59 3.74 3.66 3.90 3.84 4.53 4.71
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
3.02 2.87 3.12 3.35 2.17 2.57 2.46 2.43 2.95 3.23
Quick Ratio
1.91 1.64 1.80 2.01 1.35 1.72 1.59 1.57 1.81 1.93
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-455 -400 -52 293 203 312 9.16 221 -21 -270
Operating Cash Flow to CapEx
237.38% 170.01% 246.61% 283.61% 381.46% 237.63% 333.85% 113.68% 222.97% 162.05%
Free Cash Flow to Firm to Interest Expense
-27.60 -26.16 -3.37 17.64 16.49 34.70 0.95 23.74 -2.16 -21.09
Operating Cash Flow to Interest Expense
26.10 27.46 18.21 21.68 27.60 37.26 27.13 29.92 33.72 25.42
Operating Cash Flow Less CapEx to Interest Expense
15.10 11.31 10.82 14.04 20.37 21.58 19.00 3.60 18.60 9.73
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.01 1.07 1.03 0.98 0.95 0.94 0.92 0.93 0.97 0.96
Accounts Receivable Turnover
7.84 8.06 7.66 7.19 7.27 7.56 7.52 7.31 7.23 7.70
Inventory Turnover
6.82 6.80 6.51 6.36 6.16 6.13 6.15 6.23 6.30 6.17
Fixed Asset Turnover
2.38 2.28 2.20 2.10 2.04 2.01 2.01 2.02 2.08 2.12
Accounts Payable Turnover
12.99 14.81 13.22 13.84 13.70 15.02 14.34 14.99 14.90 15.85
Days Sales Outstanding (DSO)
46.56 45.27 47.66 50.80 50.22 48.30 48.55 49.93 50.48 47.40
Days Inventory Outstanding (DIO)
53.53 53.71 56.07 57.40 59.23 59.51 59.39 58.58 57.93 59.12
Days Payable Outstanding (DPO)
28.10 24.65 27.60 26.37 26.65 24.30 25.45 24.35 24.49 23.02
Cash Conversion Cycle (CCC)
71.99 74.32 76.13 81.84 82.80 83.51 82.49 84.16 83.92 83.49
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
5,795 6,043 5,863 5,831 5,786 5,793 6,008 5,956 6,052 6,152
Invested Capital Turnover
1.57 1.48 1.45 1.38 1.35 1.32 1.32 1.35 1.38 1.40
Increase / (Decrease) in Invested Capital
728 621 255 61 -9.00 -250 144 125 265 359
Enterprise Value (EV)
11,748 13,395 14,022 13,395 15,199 15,955 18,896 18,118 21,011 21,868
Market Capitalization
10,068 11,146 12,058 11,540 13,441 14,288 17,067 16,418 19,371 20,246
Book Value per Share
$42.36 $39.63 $41.89 $0.04 $43.23 $44.60 $44.98 $0.05 $47.47 $49.04
Tangible Book Value per Share
$29.56 $26.77 $28.73 $0.03 $30.31 $31.75 $32.23 $0.03 $34.96 $36.63
Total Capital
6,444 6,386 6,242 6,333 6,372 6,869 7,113 7,000 6,745 6,878
Total Debt
2,473 2,719 2,484 2,485 2,485 2,872 3,082 2,873 2,481 2,474
Total Long-Term Debt
2,473 2,719 2,484 2,485 2,085 2,472 2,682 2,473 2,481 2,474
Net Debt
1,680 2,249 1,964 1,855 1,758 1,666 1,828 1,700 1,640 1,622
Capital Expenditures (CapEx)
181 247 114 127 89 141 78 245 147 201
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1,218 1,228 1,293 1,294 1,217 1,247 1,260 1,348 1,369 1,444
Debt-free Net Working Capital (DFNWC)
1,944 1,633 1,757 1,873 1,894 2,388 2,445 2,452 2,141 2,231
Net Working Capital (NWC)
1,944 1,633 1,757 1,873 1,494 1,989 2,045 2,052 2,141 2,231
Net Nonoperating Expense (NNE)
9.75 8.88 13 21 11 3.06 6.66 12 6.35 3.11
Net Nonoperating Obligations (NNO)
1,824 2,376 2,105 1,982 1,899 1,796 1,977 1,829 1,788 1,748
Total Depreciation and Amortization (D&A)
115 119 130 129 130 132 129 129 133 137
Debt-free, Cash-free Net Working Capital to Revenue
14.25% 14.48% 15.55% 16.11% 15.51% 15.98% 16.14% 17.00% 16.75% 17.23%
Debt-free Net Working Capital to Revenue
22.76% 19.26% 21.12% 23.32% 24.15% 30.61% 31.32% 30.93% 26.19% 26.62%
Net Working Capital to Revenue
22.76% 19.26% 21.12% 23.32% 19.05% 25.49% 26.20% 25.89% 26.19% 26.62%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$2.81 $2.34 $2.12 $2.25 $2.04 $2.11 $1.64 $2.22 $2.65 $2.46
Adjusted Weighted Average Basic Shares Outstanding
92.53M 89.69M 89.93B 89.92M 89.62M 89.62M 89.80B 89.81M 89.80M 89.80M
Adjusted Diluted Earnings per Share
$2.80 $2.33 $2.11 $2.24 $2.03 $2.10 $1.63 $2.21 $2.64 $2.45
Adjusted Weighted Average Diluted Shares Outstanding
92.53M 89.69M 89.93B 89.92M 89.62M 89.62M 89.80B 89.81M 89.80M 89.80M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
92.53M 89.69M 89.93B 89.92M 89.62M 89.62M 89.80B 89.81M 89.80M 89.80M
Normalized Net Operating Profit after Tax (NOPAT)
272 220 203 199 194 183 154 193 244 212
Normalized NOPAT Margin
12.81% 11.14% 10.28% 10.20% 10.01% 9.44% 7.76% 9.31% 11.20% 9.86%
Pre Tax Income Margin
16.34% 13.98% 12.82% 13.72% 12.63% 12.82% 9.47% 12.85% 14.60% 13.59%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
22.05 19.07 17.45 17.13 20.88 29.04 20.53 29.68 33.85 23.61
NOPAT to Interest Expense
16.50 14.41 13.19 21.30 15.75 6.90 16.00 37.22 25.20 6.93
EBIT Less CapEx to Interest Expense
11.06 2.92 10.06 9.49 13.64 13.37 12.41 3.35 18.72 7.92
NOPAT Less CapEx to Interest Expense
5.51 -1.74 5.81 13.65 8.52 -8.78 7.87 10.90 10.08 -8.76
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
38.60% 40.81% 45.44% 45.89% 49.34% 58.66% 62.16% 62.00% 57.61% 55.74%
Augmented Payout Ratio
70.97% 91.56% 99.55% 45.89% 95.33% 64.09% 67.91% 62.00% 57.61% 55.74%

Frequently Asked Questions About Packaging Co. of America's Financials

When does Packaging Co. of America's financial year end?

According to the most recent income statement we have on file, Packaging Co. of America's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Packaging Co. of America's net income changed over the last 9 years?

Packaging Co. of America's net income appears to be on an upward trend, with a most recent value of $805.10 million in 2024, rising from $436.80 million in 2015. The previous period was $765.20 million in 2023.

What is Packaging Co. of America's operating income?
Packaging Co. of America's total operating income in 2024 was $1.10 billion, based on the following breakdown:
  • Total Gross Profit: $1.78 billion
  • Total Operating Expenses: $681.80 million
How has Packaging Co. of America revenue changed over the last 9 years?

Over the last 9 years, Packaging Co. of America's total revenue changed from $5.74 billion in 2015 to $8.38 billion in 2024, a change of 46.0%.

How much debt does Packaging Co. of America have?

Packaging Co. of America's total liabilities were at $4.43 billion at the end of 2024, a 5.4% decrease from 2023, and a 21.7% increase since 2015.

How much cash does Packaging Co. of America have?

In the past 9 years, Packaging Co. of America's cash and equivalents has ranged from $184.20 million in 2015 to $974.60 million in 2020, and is currently $685 million as of their latest financial filing in 2024.

How has Packaging Co. of America's book value per share changed over the last 9 years?

Over the last 9 years, Packaging Co. of America's book value per share changed from 16.84 in 2015 to 49.04 in 2024, a change of 191.2%.



This page (NYSE:PKG) was last updated on 4/24/2025 by MarketBeat.com Staff
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