Current Liabilities
Income Taxes Payable
Year-over-year, this metric grew by 68.6%, from $17.50M to $29.50M.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2025May 8, 2025
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical Data
12 periods
| Q2 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '24 | Q4 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $600.00K | $38.20M | $5.00M | $0.00 | $17.90M | $8.00M | $8.40M | $0.00 | $17.50M | $15.20M | $0.00 | $29.50M |
| QoQ Change | — | >999% | -86.9% | -100.0% | — | -55.3% | +5.0% | -100.0% | — | -13.1% | -100.0% | — |
| YoY Change | — | — | +733.3% | — | -53.1% | +60.0% | — | — | -2.2% | +81.0% | — | +68.6% |
Range$0.00 – $38.20M
CAGR+312.2%
Avg YoY Growth+147.9%
Median YoY Growth+64.3%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Packaging Corp of America's income taxes payable?
- Packaging Corp of America (PKG) reported income taxes payable of $29.50M in Q1 2025.
- How has Packaging Corp of America's income taxes payable changed year-over-year?
- Packaging Corp of America's income taxes payable increased by 68.6% year-over-year, from $17.50M to $29.50M.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.