Packaging Corp of America logo

Packaging Corp of America

PKGNYSEStock Fundamentals

Packaging Corporation of America is a leading North American producer of containerboard products and uncoated freesheet paper. The company operates a vertically integrated network of mills and corrugated manufacturing plants to provide sustainable packaging solutions for industrial and consumer markets. Its core value proposition centers on high-quality, recyclable products supported by regional design and distribution capabilities.

Market Cap$19.4B
Revenue TTM$9.2B
Net Income TTM$741.1M
P/E Ratio26.23
Net Margin8.04%
EPS TTM$8.22
Free Cash Flow TTM$702.2M
Employees14.9K
CEOMark W. Kowlzan
CountryUnited States of America
Consumer Cyclical
Packaging & Containers
SegmentsPackaging & Containers, Paper & Forest Products
Business ModelsVertical integration, Manufacturing, B2B Distribution
Most Recent EarningsApr 22, 2026 · 1 month 8 days agoQ1 2026
View report
Next EarningsJul 22, 2026 · in 2 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin20.48%
Op. Margin11.7%
ROE16.31%
D/E95.24%
Current Ratio3.07
Total Debt$4.4B
Cash$397.1M
CapEx TTM$845.5M

Gross Profit

View metric

Net Income

View metric

Operating Cash Flow

View metric

Free Cash Flow

View metric

EPS (Diluted)

View metric

Business Segments

Packaging

primary

The primary business unit focused on the production of linerboard and corrugating medium, which are converted into a wide variety of corrugated shipping containers and protective packaging.

Products

Linerboard, Corrugating medium, Conventional shipping containers, Multi-color boxes and displays, Honeycomb protective packaging

Customers

Food and beverage producers, Agricultural producers, Retail and wholesale trade, Chemical and plastic manufacturers

Paper

moderate

Produces uncoated freesheet (UFS) paper, including commodity and specialty grades used for communication, printing, and converting applications.

Products

Cut-size office papers, Communication papers, Printing and converting papers, Envelope papers

Customers

Office products distributors, Paper merchants, Envelope converters, Retailers

Corporate and Other

minor

Includes corporate support services, transportation assets such as rail cars and trucks, and specific joint venture interests.

Products

Logistics services, Transportation assets

Customers

Internal business units

Segment Financials

Packaging — Revenue

View metric

Packaging — Segment Expenditure Addition To Long Lived Assets

View metric

Paper — Segment Expenditure Addition To Long Lived Assets

View metric

Paper — D&A

View metric

Paper — Revenue

View metric

Business Overview

Competitive Position

PCA is the third largest producer of containerboard products in North America and a leading producer of uncoated freesheet paper.

Geographies

United States, North America

Customer Segments

CPG companies, Industrial manufacturers, Agricultural producers, Office supply retailers

Upstream Dependencies

Virgin wood fiber, Recycled fiber, Caustic soda, Starch, Natural gas, Electricity

Downstream Customers

Consumer goods manufacturers, E-commerce fulfillment centers, Food processing plants, Office supply distributors

Competitors & Partners

Partners

S

Sustainable Forestry Initiative

Voluntary certification program for fiber sourcing standards

F

Forest Stewardship Council

Voluntary certification program for fiber sourcing standards

Subsidiaries

L

Louisiana Timber Procurement Company, L.L.C.

50% owned variable interest entity

Packaging Corp of America logo

Packaging Corp of America FAQ

Common questions about Packaging Corp of America

Packaging Corporation of America is a leading North American producer of containerboard products and uncoated freesheet paper. The company operates a vertically integrated network of mills and corrugated manufacturing plants to provide sustainable packaging solutions for industrial and consumer markets. Its core value proposition centers on high-quality, recyclable products supported by regional design and distribution capabilities.

Packaging Corp of America (PKG) has a market capitalization of $19.4B and trades on NYSE.

Packaging Corp of America generated $9.2B in trailing twelve-month revenue with net income of $741.1M, representing a net margin of 8.0%. Gross margin stands at 20.5%, with free cash flow of $702.2M. These figures are based on the Q1 2026 filing.

Packaging Corp of America's key competitors include International Paper, Smurfit WestRock, Sylvamo Corporation, and others. These companies compete in similar markets and product categories.

Packaging Corp of America has approximately 14,900 employees.