Tax

Income Tax

Packaging Corp of America Income Tax increased by 49.5% to $48.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.1%, from $63.60M to $48.90M. Over 4 years (FY 2021 to FY 2025), Income Tax shows relatively stable performance with a -1.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.

Detailed definition

Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...

Peer comparison

Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.

Metric ID: income_tax_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$67.40M$83.20M$63.90M$86.10M$99.10M$84.90M$64.90M$63.20M-$65.10M$61.30M$59.30M$40.60M$67.80M$80.50M$70.50M$63.60M$79.10M$78.30M$32.70M$48.90M
QoQ Change+23.4%-23.2%+34.7%+15.1%-14.3%-23.6%-2.6%-203.0%+194.2%-3.3%-31.5%+67.0%+18.7%-12.4%-9.8%+24.4%-1.0%-58.2%+49.5%
YoY Change+47.0%+2.0%+1.6%-26.6%-165.7%-27.8%-8.6%-35.8%+204.1%+31.3%+18.9%+56.7%+16.7%-2.7%-53.6%-23.1%
Range-$65.10M$99.10M
CAGR-6.5%
Avg YoY Growth+2.1%
Median YoY Growth-0.6%

Frequently Asked Questions

What is Packaging Corp of America's income tax?
Packaging Corp of America (PKG) reported income tax of $48.90M in Q1 2026.
How has Packaging Corp of America's income tax changed year-over-year?
Packaging Corp of America's income tax decreased by 23.1% year-over-year, from $63.60M to $48.90M.
What is the long-term trend for Packaging Corp of America's income tax?
Over 4 years (2021 to 2025), Packaging Corp of America's income tax has grown at a -1.3% compound annual growth rate (CAGR), from $267.60M to $253.70M.
What does income tax mean?
The total amount of income tax the company is required to pay on its earnings.